Hyundai Mobis to expand vehicle module facility in S.Korea

South Korea’s Hyundai Mobis Co. will build its third automotive module plant in Ulsan, South Korea, where its parent Hyundai Motor Group opera...

POSCO launches first product from its low-carbon Greenate brand

South Korea's top steelmaker POSCO on Sunday launched the first product from its low-carbon brand Greenate.Greenate features distribution-type produ...

S.Korea's new hybrid car registrations in May exceed diesel's for first time

The number of newly registered hybrid cars in South Korea overtook that of diesel cars for the first time thanks to consumer focus on such models,...

South Korea hosts first Universo Ferrari exhibition in Asia

For the first time in Asia, South Korea is hosting an event featuring the history of the Italian sports car brand Ferrari.Ferrari on Thursday opened...

S.Korea's Mirae Asset, Hana Financial Group form security token tie-up

South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance...

KAI joins project to develop hydrogen-powered aircraft

South Korea's aerospace and defense company Korea Aerospace Industries Ltd. (KAI) on Wednesday said it joined a project of industry, academic and re...

DB Group, T&T Group sign agreement for business corporation

DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...

Schaeffler Korea to produce parts for hybrid cars, EVs

Schaeffler Korea Corp., the largest plain and roller bearing provider to automotive and industrial sectors in South Korea, is set to celebrate 70 ye...

Korea’s first integrated car plant being transformed into Kia’s EV base

GWANGMYEONG, Gyeonggi Province -- Kia Corp.'s oldest integrated auto plant — which is also South Korea’s first of its kind — was c...

S.Korea's Shift Up scouts former OpenAI engineer

South Korea's game develop and design studio Shift Up has hired AI developer Kim Tae-hoon, who hails from Silicon Valley, to enhance its game artifi...

Hanon to build $40 mn heat pump systems plant in US state of Georgia

Hanon Systems Corp., a South Korean thermal management systems provider for automakers, is set to inject $40 million to establish a plant in the US ...

Hyundai’s N Vision 74 praised at Italy’s classic-concept car show

Hyundai Motor Co., which has stunned the auto industry with its rebuilt 1974 Pony Coupe concept, has again enthralled car enthusiasts with its ...

Hyundai completes Nürburgring 24 Hours for 8th consecutive year

South Korea's Hyundai Motor Co. announced on Monday that its Elantra N TCR (known domestically as Avante N TCR) and i30 Fastback N Cup Car triumphed...

Hyundai’s design inspiration: Pony Concept restored after 50 years

For Hyundai Motor Co., the Pony – its first car – is a bittersweet memory.When Hyundai set its sights on car manufacturing back in 1974,...

SK Ecoplant to join Canada's $4.5 bn green hydrogen project

South Korea’s SK Ecoplant Co. on Wednesday signed an agreement to join the first-stage, $4.5 billion construction of green hydrogen and ammoni...

Chevrolet Trailblazer tops in US small SUV market

Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...

Samsung Electro-Mechanics unveils high-capacity MLCCs for EVs

Samsung Electro-Mechanics Co., a South Korean electronic components maker, on Tuesday showcased two new multi-layer ceramic capacitors (MLCCs) with ...

S.Korea’s January-April car exports at record high of $23.2 bn

In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...

POSCO International to set up EV parts factory in Poland

POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., plans to build an elect...

SK Geo Centric to attend event hosted by French president

South Korea’s recycling specialist SK Geo Centric on Monday said its CEO Na Kyung-soo will attend the next day the Choose France summit at the...

Hyundai Motor posts largest share of global hydrogen car market in Q1

Hyundai Motor Co. in the first quarter controlled over half of the global market for fuel cell electric vehicles (FCEV) powered by hydrogen thanks t...

Samsung Electronics to open flagship store in Seoul's Gangnam district

Samsung Electronics Co. in late June will open its new flagship store Samsung Gangnam near Gangnam Station, a posh area of Seoul.Sources from the in...

FKI, Keidanren launch fund for Korea-Japan partnerships

TOKYO – Major business lobby groups of South Korea and Japan have created a partnership fund of 200 million yen ($1.5 million) to accelerate i...

Kolon Industries to increase aramid pulp production for EVs

Kolon Industries Inc., a leading industrial materials maker in South Korea, said on Wednesday it will inject 22 billion won ($16.6 million) to expan...

Hankook Tire takes on market for high-end sports cars

South Korea's Hankook Tire & Technology is reinforcing its partnerships with makers of high-performance sports cars based on a systematic develo...

Hyundai Motor drives software unit's Q1 sales higher

Record-setting earnings at South Korea’s Hyundai Motor Group have driven its vehicle software platform’s sales sharply higher and painte...

Samsung to unveil new foldables in July to boost Q3 profit

Samsung Electronics Co. is set to unveil fifth-generation of its foldable smartphones at the end of July, about two weeks earlier than it had showca...

Hyundai, Kia’s brisk April sales bode well for stellar Q2

The second-quarter earnings outlook for South Korea’s biggest automaker Hyundai Motor Co. and its sister company Kia Corp. looks rosy as eased...

Asleep forms partnership with National Sleep Foundation of US

South Korea's sleep technology startup Asleep, which was part of an economic delegation accompanying President Yoon Suk Yeol's recent state visit to...

S.Korea’s car exports hit record high of $15.4 bn in Q1

South Korea's car exports achieved their highest-ever record in the first quarter 2023, increasing by over 40% from a year ago, according to data fr...