Hyundai Motor sells over 1,000 Elec City FCEV

Hyundai Motor sells over 1,000 Elec City FCEV

Hyundai Motor Co. said on Sunday it has sold more than 1,000 units of its hydrogen fuel cell bus Elec City Fuel Cell Electric Vehicle (FCEV) with cu...

Hyundai, Kia’s H1 vehicle sales in Singapore double

Hyundai, Kia’s H1 vehicle sales in Singapore double

South Korea’s top automaker Hyundai Motor Group said on Sunday its vehicle sales in Singapore, a high-tech innovation hub, more than doubled i...

Hyundai Motor, Waymo forge multi-year, strategic partnership

Hyundai Motor, Waymo forge multi-year, strategic partnership

South Korea’s top automaker Hyundai Motor Co. said on Friday it has entered into a multi-year strategic partnership with Waymo LLC to jointly ...

HD Hyundai seeks to acquire Leeyoung to prepare for shipbuilding boom

HD Hyundai seeks to acquire Leeyoung to prepare for shipbuilding boom

South Korea’s HD Hyundai Heavy Industries Co. is seeking to acquire Leeyoung Industrial Machinery Co., a domestic shipbuilding equipment maker...

SK On to cut jobs for first time amid sustained EV weakness

SK On to cut jobs for first time amid sustained EV weakness

SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to cut its workforce with the company’s first voluntary retir...

Samsung develops health software development kit

Samsung develops health software development kit

Samsung Electronics Co. on Thursday introduced the Samsung Health Software Development Kit (SDK) Suite, aimed at helping developers and researchers ...

South Korea Can Go Only So Far Copying Japan’s Market Reforms

South Korea Can Go Only So Far Copying Japan’s Market Reforms

South Korea is taking a page from Japan to boost its stock market. There are certainly some low-hanging fruits to pick, but the country’s larg...

Hanwha Galleria acquires beverage manufacturer Pure Plus

Hanwha Galleria acquires beverage manufacturer Pure Plus

South Korea's Hanwha Galleria Corp. said on Monday its acquisition of domestic beverage manufacturer Pure Plus.Pure Plus has focused on non-alcoholi...

NCSOFT launches evaluation model to verify performance of AI LLMs

NCSOFT launches evaluation model to verify performance of AI LLMs

NCSOFT Corp. announced on Monday that it has launched VARCO Judge LLM, the first evaluation model in South Korea to verify the performance and capab...

Mirae Asset Securities introduces AI assistant platform for its employees

Mirae Asset Securities introduces AI assistant platform for its employees

South Korea's Mirae Asset Securities said on Friday that it introduced an artificial intelligence (AI) assistant platform to enhance company-wide op...

BMW, GS, LG open EV charging hub lounge in Seoul

BMW, GS, LG open EV charging hub lounge in Seoul

BMW Group Korea said on Thursday it opened the electric vehicle (EV) Charging Hub Lounge with GS Group and LG Group in Hoehyeon-dong, Seoul.The Char...

Hyundai Mobis showcases 42 new techs utilizing AI, VR

Hyundai Mobis showcases 42 new techs utilizing AI, VR

South Korea's Hyundai Mobis Co. said on Thursday that it held the M-Sphere 2024 exhibition at its Uiwang Research Center in Gyeonggi Province from...

Lotte develops nickel-plated foil for solid-state batteries

Lotte develops nickel-plated foil for solid-state batteries

Lotte Energy Materials Corp., a major South Korean battery materials maker, said on Tuesday it has developed a nickel-plated copper foil for use in ...

Naver’s HyperCLOVA X Vision proves a picture is worth a thousand words

Naver’s HyperCLOVA X Vision proves a picture is worth a thousand words

A picture is worth a thousand words, as the adage goes, stressing the power of vision over text.People also say eyes are windows to the soul, emphas...

Fashion ODM Pond Group buys K-beauty retailer Most

Fashion ODM Pond Group buys K-beauty retailer Most

Pond Group, a South Korean original design manufacturing (ODM) clothing company, said on Monday it has acquired Most Inc., a domestic beauty product...

Samsung, Trek Bicycle launch Ultra Riding Challenge

Samsung, Trek Bicycle launch Ultra Riding Challenge

Samsung Electronics Co. said on Tuesday that it launched the Ultra Riding Challenge in collaboration with global bicycle brand Trek Bicycle, offerin...

LG Elec opens LG Labs experience pop-up zone

LG Elec opens LG Labs experience pop-up zone

LG Electronics Inc. announced on Wednesday that it will operate the "Wow Life's Good Lab" pop-up zone at Ground 220 in Yeongdeungpo-gu, Seoul, until...

HD Hyundai Electric expands power transformer facility in Alabama

HD Hyundai Electric expands power transformer facility in Alabama

HD Hyundai Electric Co., an energy solution provider under South Korean shipbuilder HD Hyundai, said on Sunday it completed a 12,690-square-meter st...

Lamborghini unveils 1st plug-in hybrid SUV Urus SE in Korea

Lamborghini unveils 1st plug-in hybrid SUV Urus SE in Korea

Italian sports car maker Lamborghini S.p.A. on Tuesday unveiled the Urus SE, its first plug-in hybrid super sport utility vehicle, in South Korea, t...

Hyundai Premium Outlet runs AI Human for foreign customer

Hyundai Premium Outlet runs AI Human for foreign customer

South Korea's Hyundai Premium Outlet announced on Tuesday that it will trial the artificial intelligence (AI) service AI Human at its Songdo store u...

High power bills drive Korean manufacturers out of country

High power bills drive Korean manufacturers out of country

South Korean manufacturers are increasingly moving abroad as the country's electricity bills are hovering about 30% higher than those of major eco...

Net zero, digitalization to boost private infrastructure investment

Net zero, digitalization to boost private infrastructure investment

Infrastructure debt is a growing asset class with much to offer investors, with a wide range of assets and characteristics available. AllianzGI mana...

KT introduces 10 GB Combo Internet

KT introduces 10 GB Combo Internet

South Korea's KT Corp. announced on Wednesday that it introduced Combo Internet technology to its network, enabling the provision of 10-gigabit Inte...

Hyundai to unveil wearable device for car manufacturing

Hyundai to unveil wearable device for car manufacturing

Hyundai Motor Group, the world’s third-largest automaker, plans to unveil a wearable device for car manufacturing designed to improve producti...

Korean cosmetics makers see record Q2 profits led by exports

Korean cosmetics makers see record Q2 profits led by exports

South Korean cosmetics original development and design manufacturers (ODMs) such as Cosmax Inc., Kolmar Korea Co. and Cosmecca Korea Co. are estimat...

North Face supplier Youngone to build R&D center in Bangladesh

North Face supplier Youngone to build R&D center in Bangladesh

Youngone Corp., a South Korean original design manufacturer (ODM) for foreign outdoor brands such as The North Face and Nike, will build an R&D ...

Hyundai Rotem leads manufacture of next-generation railway

Hyundai Rotem leads manufacture of next-generation railway

CHANGWON, South Gyeongsang Province – Engineers at Hyundai Rotem Co.'s rolling stock factory in South Korea have their hands full manufacturin...

KTO holds Visit Korea Alliance exhibition for foreigners

KTO holds Visit Korea Alliance exhibition for foreigners

The Korea Tourism Organization (KTO) announced on Monday that it will hold a VK Alliance Products and Services Special Exhibition for foreigners thr...

Cosmax mulls building cosmetics factory in Latin America

Cosmax mulls building cosmetics factory in Latin America

Cosmax Inc., South Korea's biggest cosmetics original development and design manufacturer (ODM), is considering building a new offshore plant in Lat...

Samsung Electronics builds Red Hat-certified CXL infrastructure

Samsung Electronics builds Red Hat-certified CXL infrastructure

Samsung Electronics Co. has set up the industry’s first Compute Express Link (CXL) infrastructure, certified by Red Hat Inc., the world’...

Cohen & Steers names Andrew Shin to lead S.Korea institutional business Rap icon Cardi B joins K-beauty’s celebrity fans with BB cream South Korea’s ex-President Yoon re-arrested over martial law decree Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns