KT provides AI-powered voice recognition service to Mercedez

KT provides AI-powered voice recognition service to Mercedez

South Korea’s top wireless carrier KT Corp. announced Thursday that it has launched an AI-powered voice recognition service for Mercedez-Benz ...

Online platforms emerge as new battlefield for auto sales in Korea

Online platforms emerge as new battlefield for auto sales in Korea

Visiting a car dealer’s stylish showroom to touch, feel and sometimes test drive a car before purchase has for decades been a rite of passage ...

ABL Life co-invests in Everbright’s infra fund with 13% return

ABL Life co-invests in Everbright’s infra fund with 13% return

Korea’s ABL Life Insurance Co. has participated in Everbright Overseas Infrastructure Investment Fund LP, a $460 million fund managed by Hon...

Hyundai, Kia post record US car sales as Japanese firms struggle

Hyundai, Kia post record US car sales as Japanese firms struggle

Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...

German urban logistics and light industrial assets promising, DLE says

German urban logistics and light industrial assets promising, DLE says

The pandemic has brought logistical real estate and infrastructure into the spotlight driven by long-term underlying e-commerce trends. It is advant...

LG overtakes Whirlpool as top appliance maker with record 2021 sales

LG overtakes Whirlpool as top appliance maker with record 2021 sales

LG Electronics Inc. has overtaken Whirlpool Corp. as the world’s top manufacturer of home, kitchen and laundry appliances after posting record...

LG Omnipod: A self-driving home on wheels

LG Omnipod: A self-driving home on wheels

LG Electronics Inc. is bringing a life-size model of its future mobility autonomous concept vehicle to the real world.The LG Omnipod, a mobility con...

Hyundai, Kia lead rivals in 2022 US best car awards

Hyundai, Kia lead rivals in 2022 US best car awards

Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...

Mesh to raise up to $253 mn to become logistics unicorn

Mesh to raise up to $253 mn to become logistics unicorn

Logistics service provider Mesh Korea Co. plans to raise 200 billion to 300 billion won ($168.6 million to $253 million) in its upcoming rights is...

E-Land sells Shanghai warehouse for $2.2 bn to lower debt ratio

E-Land sells Shanghai warehouse for $2.2 bn to lower debt ratio

Retail conglomerate E-Land Group completed selling its first overseas logistics center in Shanghai for about 1.4 billion Chinese yuan ($2.2 billion)...

Coupang to shake up Korea’s logistics industry landscape

Coupang to shake up Korea’s logistics industry landscape

South Korea’s e-commerce giant Coupang Inc. is looking to tap into the country’s logistics industry, shaking up the sector, while market...

Hyundai Motor’s Alabama plant: World’s second most productive

Hyundai Motor’s Alabama plant: World’s second most productive

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

Hyundai to sell half of cars in US with eco-friendly models by 2030

Hyundai to sell half of cars in US with eco-friendly models by 2030

Hyundai Motor Co., South Korea’s top automaker, aims to sell half of the cars in the US with eco-friendly models by 2030, increasing sales of ...

Self-driving car stocks to lead auto sector shares in 2022

Self-driving car stocks to lead auto sector shares in 2022

Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...

Hyundai looks beyond cars to link real, virtual worlds in metamobility

Hyundai looks beyond cars to link real, virtual worlds in metamobility

LAS VEGAS – Hyundai Motor Co. has unveiled its grand ambitions to pioneer the use of robotics in both the real world and the virtual sphere, c...

IGIS invests in Kakao Enterprise for AI-embedded real estate

IGIS invests in Kakao Enterprise for AI-embedded real estate

IGIS Asset Management Co. and its venture capital affiliate are slated to invest 10 billion won ($8.3 million) in Kakao Enterprise Corp., an artific...

Hyundai’s Chung charts vision as top-tier eco-friendly auto brand

Hyundai’s Chung charts vision as top-tier eco-friendly auto brand

South Korea’s top automaker Hyundai Motor Group on Monday set out its vision to be a top-tier eco-friendly auto brand with its focus on electr...

Hyundai to launch Level 3 self-driving Genesis G90 in H2

Hyundai to launch Level 3 self-driving Genesis G90 in H2

Hyundai Motor Co., South Korea’s top automaker, aims to roll out mass-produced hands-free Level 3 self-driving cars, starting with the flagshi...

Hyundai Glovis opens firm in Chengdu for logistics to Europe

Hyundai Glovis opens firm in Chengdu for logistics to Europe

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, has founded an affiliate in Chengdu, the largest trade city in western China, for rai...

Germany's ZF to invest in Korean self-driving startup

Germany's ZF to invest in Korean self-driving startup

Germany's car parts maker ZF Friedrichshafen is in the final stages of negotiations to invest around 20 billion won ($17 million) in StradVision, a ...

S.Korea's car output tumbles to lowest in 17 years

S.Korea's car output tumbles to lowest in 17 years

South Korea's car output in 2021 is estimated to have tumbled to its lowest level in 17 years as a global shortage of semiconductors slowed down pro...

Hyundai revs up shares in Korean EV parts makers

Hyundai revs up shares in Korean EV parts makers

South Korea's electric vehicle components market is heating up as top automaker Hyundai Motor Group accelerates its transformation into an EV manu...

LG Innotek shares surge on anticipation of Apple Car, new iPhone 

LG Innotek shares surge on anticipation of Apple Car, new iPhone 

Shares of Korean companies supplying parts to Apple rose sharply on Thursday. The jump comes on the back of robust iPhone sales and buzz that the ...

Hyundai, Kia, Genesis sweep car of the year awards in 2021

Hyundai, Kia, Genesis sweep car of the year awards in 2021

Hyundai Motor Group’s major auto brands have won a record number of top global awards and industry accolades this year in recognition of its e...

Hyundai Mobis to unveil two future concept cars via metaverse at CES 2022

Hyundai Mobis to unveil two future concept cars via metaverse at CES 2022

South Korea’s largest auto parts maker Hyundai Mobis Co. said on Wednesday it is unveiling two future mobility concept cars at the upcoming CE...

Hyundai to bolster in-car video services with CJ ENM

Hyundai to bolster in-car video services with CJ ENM

Drivers of Hyundai Motor Co. and Kia Corp. are set to enjoy their favorite original TV shows and dramas in-vehicle in near real-time, created by Sou...

Hyundai Mobis unveils foldable steering wheel

Hyundai Mobis unveils foldable steering wheel

South Korea’s Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has unveiled a foldable steering wheel along with other technologi...

Hyundai named Top Gear’s carmaker of the year; i20 N car of the year

Hyundai named Top Gear’s carmaker of the year; i20 N car of the year

Hyundai Motor Co. has been named the 2021 manufacturer of the year by BBC Top Gear, a prestigious British auto magazine, in recognition of the South...

IONIQ 7 to beome home on wheels with LG appliances

IONIQ 7 to beome home on wheels with LG appliances

Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...

Korea’s Midas Asset buys logistics center in Italy for €200 mn

Korea’s Midas Asset buys logistics center in Italy for €200 mn

South Korea’s Midas Asset Management Co. has bought a logistics center leased to Amazon, the world’s top online shopping mall, in Italy ...

Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media