Vehicle Component Solutions Division
Scope
Date
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Electric vehicles
SK, Geely join forces for EV battery, component production
SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, will join forces with Chinese auto giant Zhejiang Geely Holding Gro...
Jun 12, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Doosan Bobcat to buy ex-sibling Mottrol for $178.6 million
Doosan Bobcat Inc., a major compact construction machinery and equipment maker under South Korean conglomerate Doosan Group, will buy back its forme...
Jun 12, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Financial units to reside under one roof in Vietnam
Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...
Jun 11, 2024 (Gmt+09:00)
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Electric vehicles
US, China to serve as Kia’s key offshore EV production bases
Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...
Jun 09, 2024 (Gmt+09:00)
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Robotics
CJ Logistics, Libiao Robotics partner to co-work for robotic system
South Korea's CJ Logistics said on Tuesday that it signed a memorandum of understanding (MOU) to establish a strategic partnership with global rob...
Jun 05, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution to discover startups in battery sector
South Korea's LG Energy Solution Ltd. announced on Monday that it will host Battery Challenge 2024, an open innovation program to discover startup...
Jun 03, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom launches AI pet diagnostic solution in Australia
South Korea's SK Telecom Co. announced on Wednesday that it launched its AI-based pet diagnostic assistance service X Caliber in Australia and has b...
May 29, 2024 (Gmt+09:00)
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Fintech
Webcash Global, BC Card Vietnam partner on B2B fintech
Webcash Global, an affiliate of South Korea's Webcash Co., announced on Tuesday that it has recently signed a business agreement with BC Card Vietna...
May 28, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Facephi to supply ID verification solutions to Samsung Securities
South Korea's Hancom Inc. announced on Monday that Facephi, a Spain-based AI biometric recognition company in which Hancom had recently acquired equ...
May 27, 2024 (Gmt+09:00)
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Automobiles
Kia to install LG Electronics’ vehicle webOS in upcoming EV3 SUV
South Korea’s LG Electronics Inc. will supply its automotive web-based operating system webOS to Kia Corp. for the carmaker’s upcoming v...
May 27, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine Solution builds ship smartcare center in Busan
South Korea's HD Hyundai Marine Solution Co. established an HD SmartCare Busan Center for ship lifecycle management services and begun full-scale op...
May 22, 2024 (Gmt+09:00)
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Pension funds
NPS corp governance committee taps SNU professor as member
A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...
May 20, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung SDS unveils supply chain solution in US
South Korea's Samsung SDS Co. introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Fl...
May 10, 2024 (Gmt+09:00)
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IPOs
HD Hyundai Marine Solution stock price doubles on Kospi debut
HD Hyundai Marine Solution Co.'s debut on the Kospi, South Korea's largest initial public offering in more than two years, saw a near-doubling of st...
May 08, 2024 (Gmt+09:00)
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Aerospace & Defense
Perigee, SSC to cooperate on space launch vehicle
South Korea's small space launch vehicle startup Perigee Aerospace Inc. announced on Wednesday that it partnered with the Swedish Space Corporation ...
May 08, 2024 (Gmt+09:00)
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Corporate strategy
Woongjin reborn as IT solution company beyond education firm
Woongjin Co., better known as the home-study workbook brand Woongjin ThinkBig in South Korea, has been transforming into an information technology s...
May 07, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group has most IIHS ROP top safety pick cars
Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...
May 03, 2024 (Gmt+09:00)
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Korean chipmakers
Sapeon to supply NPU IP to Telechips
Sapeon Inc., the artificial intelligence (AI) chip subsidiary of South Korea's SK Telecom Co., announced on Friday that it will supply its AI semico...
May 03, 2024 (Gmt+09:00)
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Bio & Pharma
Lunit, Radiobotics team up to enter EMEA markets
South Korean medical AI company Lunit announced on Thursday that it partnered with the Danish musculoskeletal AI diagnostics company Radiobotics ApS...
May 02, 2024 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem closer to supplying armored vehicles to Peru
Hyundai Rotem Co., a South Korean defense equipment and locomotive maker, has moved a step closer to exporting its wheeled armored vehicles, core to...
May 02, 2024 (Gmt+09:00)
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Bio & Pharma
JLK to supply medical AI solutions in Indonesia
South Korea’s JLK Inc., an AI-based stroke care platform maker, announced on Tuesday that it signed a business agreement with medical consulti...
Apr 30, 2024 (Gmt+09:00)
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IPOs
Machine tool maker DN Solutions kicks off IPO process
DN Solutions Co., the world’s third-largest machine tool maker, has kicked off the process of going public on the Korea Exchange, in an initia...
Apr 25, 2024 (Gmt+09:00)
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Logistics
Lotte Global Logistics, Megvii to collaborate AI logistics
South Korea's Lotte Global Logistics announced on Thursday that it signed a memorandum of understanding (MOU) with Megvii Technology, a Chinese arti...
Apr 25, 2024 (Gmt+09:00)
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Artificial intelligence
SK Networks establishes AI lab in Silicon Valley
South Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology development organizati...
Apr 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai launches the ST1, its 1st electric work van with futuristic styling
South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is launching the ST1, its first fully electric work van that can be retrofi...
Apr 24, 2024 (Gmt+09:00)
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Banking & Finance
Hana Bank launches All-care Solution for Real Estate Wealth
South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...
Apr 23, 2024 (Gmt+09:00)
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Construction
HD Hyundai Infracore to participate in INTERMAT 2024
South Korea's HD Hyundai Infracore Co. announced on Monday that it will participate in INTERMAT 2024 which will be held from April 24 to 27 at Parc ...
Apr 22, 2024 (Gmt+09:00)
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Future mobility
Hyundai, Toray to team up to develop mobility materials
Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to jointly develop carbon fi...
Apr 18, 2024 (Gmt+09:00)
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Automobiles
Kia to bring 1st hybrid variant of subcompact SUV Sonet to Japan, China
Kia Corp., South Korea’s second-largest automaker, plans to aggressively expand its hybrid vehicle lineup to subcompact SUVs amid slower-than-...
Apr 18, 2024 (Gmt+09:00)
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Aerospace & Defense
Innospace, LIG Nex1 to co-work for space, defense business
South Korea's space launch startup Innospace announced on Wednesday that it signed a business agreement with LIG Nex1 Co. for cooperation and commer...
Apr 17, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet