car output recovery

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

South Korea’s Daewoong Pharmaceutical next year will open a third plant to greatly expand annual output of its botulinum toxin Nabota at a cos...

South Korea’s steel giant POSCO Group is expected to spend 1.2 trillion won ($900 million) in total to add cathode manufacturing and lithium r...

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...

Samsung Electronics Co. on Thursday reported its worst quarterly loss for its semiconductor business, but echoed the widely held industry view that ...

Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...

After a hiatus of over three years due to the impact of COVID-19, the flight route between Incheon, South Korea, and Changsha, Hunan, China, has res...

South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...

Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...

Hyundai Motor Co. and Kia Corp., both struggling in China, are aiming for a turnaround there by introducing over 30 new vehicles including those tai...

South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...

Memory chip prices are staging a rebound for the first time in more than a year following Samsung Electronics Co.'s near-term production cut, b...

The number of Netflix users in South Korea has decreased by more than 30% in the past year since the recovery from COVID-19. According to Byun Jae-...

Samsung Electronics Co. has joined its peers in cutting memory chip production on its chip division’s anticipated first loss in more than a de...

Korean tire manufacturer Hankook Tire & Technology announced on Friday that its electric vehicle-dedicated high-performance tire, the iON evo, h...

Verismo Therapeutics, a US affiliate of South Korean pharmaceutical firm HLB Co., has received fast-track designation from the US Food and Drug Admi...

Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday it is curtailing chip production after its semiconductor busines...

South Korea will invest 31.5 billion won ($23.96 million) this year to train over 3,700 core personnel in future car technologies, including autonom...

Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyundai Motor Co. and Ki...

Samsung Electronics Co., the world’s largest smartphone maker, is set to spend 4.1 trillion won ($3.1 billion) on a new organic light-emitting...

Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...

KG Mobility, previously known as Ssangyong Motor Co., announced on Friday its alliance with Vietnam's Kim Long Motor, a subsidiary of the Futa Group...

South Korea's automobile industry is rapidly transitioning toward the future such as environmentally friendly and smart cars, but the sector is faci...

Hyundai Motor Co. may consider discontinuing its steady seller Sonata sedan after the latest edition's release, the company’s chief hinted at ...

Dongkuk Steel Mill Co., the world's leading manufacturer of color-coated steel, announced on Wednesday that it has installed a 10-megawatt solar pow...

South Korea’s LG Innotek Co. on Wednesday unveiled its second-generation 5G communication module for use in autonomous driving cars.Based on Q...

Hyundai Rotem Co., a company under the Hyundai Motor Co. Group that specializes in manufacturing rolling stock, defense products and plant equipment...

South Korea's logistics company Hyundai Glovis Co. on Monday said it signed a memorandum of understanding on the clean hydrogen and ammonia business...

South Korea’s Ssangyong Motor Co., whose new owner is KG Group, has renamed itself KG Mobility, its first name change in 35 years.With its new...