auto industry awards

Samsung Electronics Co. has developed the industry’s first 36-gigabyte (GB) 12-layer high-value, high-performance memory chip in a bid to rest...

HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea’s HL Group, announced on Tuesday that it has been i...

Kolon Industries Inc. has upgraded its smart factory system to ensure its doubled production capacity of super fiber aromatic polyamide fibers (aram...

CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry domi...

HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea’s HL Group, said on Thursday it has launched an aut...

South Korea's Hyundai Engineering Co. announced on Wednesday that it won the Asia Design Prize 2024, an international design competition in Asia...

South Korea’s job increases rose for a second straight month to a 10-month high in January thanks to higher employment of the older, although ...

Hyundai Motor Co. 's premium brand Genesis announced on Friday that its Electrified G80 and Electrified GV70 earned prizes at the 2024 Canadian Ca...

Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU) for defense cooper...

POSCO International Corp. announced on Tuesday that it has received the Honors Award in the Corporate Identity Video category at the prestigious Mer...

The Seoul Central District Court on Monday acquitted Samsung Electronics Co. Chairman Jay Y. Lee of charges of being involved in illegal activities ...

Secondary strategy is South Korean institutional investors’ top pick for private equity investments for two straight years, a survey showed. Man...

South Korea’s SGC eTEC E&C Co. said on Thursday that it signed an agreement with OCIM, OCI Holdings Co. 's Malaysian subsidiary, to join...

Global real estate will be the least-chosen asset class for South Korean institutional investors this year, according to a recent survey. Despite curr...

AliExpress, an e-commerce arm of China’s Alibaba Group, has offered Korean companies zero commissions, under which it will not charge a sales ...

The South Korean travel retail industry, once considered the country’s golden goose, is forced to streamline operations given no signs of a dr...

South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...

Hyundai Mobis Co., the world’s sixth-largest automotive parts maker, known as Mobis outside of its home South Korea, expects another strong ye...

The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...

When Orion Corp., known for its signature snack cake Choco-Pie, announced a $415 million deal to acquire biotech startup LegoChem Biosciences Inc. l...

South Korean banks are in a race to advance into Poland to support Korean companies rushing to build factories in the new offshore manufacturing hub...

South Korea plans to dole out harsher punishments for industrial espionage, with a proposal to triple the penalty for an overseas leak of national t...

Hyundai Motor Group announced on Friday that Hyundai Motor Co. and Kia Corp. have top seven categories in the 2024 Best Cars for the Money awards in...

Hyundai Motor Group will acquire lithium hydroxide, a key raw material for electric vehicle batteries, from the world’s No. 1 supplier Ganfeng...

South Korea’s major camera module maker LG Innotek Co. has joined hands with AOE Optronics Co., an automotive lens-making subsidiary of Taiwan...

Hyundai Motor Group announced on Thursday that its nine products across Hyundai Motor Co., Kia Corp., and premium brand Genesis have received top ...

Lotte Chemical Corp.'s plan to sell off its Pakistani PTA subsidiary to local chemicals producer Lucky Core Industries Ltd. has collapsed, a year af...

LAS VEGAS -- LG Electronics Inc., the leading global home appliance maker, plans to expand its free ad-supported streaming television (FAST) busines...

Hyundai Motor Co. announced on Friday that it unveiled the high-performance electric vehicle (EV) IONIQ 5's N Performance Concept model NPX1 for the...

LAS VEGAS – Supernal LLC, the US-based urban air mobility (UAM) affiliate of South Korea’s Hyundai Motor Group, has unveiled its latest ...