POSCO decides to build electric furnace at Gwangyang Works

POSCO decides to build electric furnace at Gwangyang Works

South Korea’s leading steelmaker POSCO on Tuesday said it will begin its transition to a low-carbon production system by building an electric ...

Hyundai's IONIQ 5 named best EV in Germany, Canada

Hyundai's IONIQ 5 named best EV in Germany, Canada

Hyundai Motor Co. on Sunday said its crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 was named the 2023 Canadian Utility Vehicle...

Samsung launches Galaxy S23 series in 55 markets worldwide

Samsung launches Galaxy S23 series in 55 markets worldwide

Samsung Electronics Co. announced on Friday the release of its latest flagship smartphone, the Galaxy S23 series, in 55 markets around the world, in...

SK Enmove stresses pursuit of energy efficiency: CEO

SK Enmove stresses pursuit of energy efficiency: CEO

"This year is the first year of SK Enmove's process of becoming an energy-efficiency company," said Park Sang-kyu, CEO of SK Enmove, a lubricant sub...

Ford EV production halt casts doubts over SK cell quality

Ford EV production halt casts doubts over SK cell quality

Ford Motor Co. said on Tuesday it has stopped production and shipments of the F-150 Lightning electric pickup truck due to a possible battery issue,...

10 villages featuring traditional Korean architecture to be built in Seoul

10 villages featuring traditional Korean architecture to be built in Seoul

The Seoul Metropolitan Government is pursuing a "fusion Hanok" project of building 10 Hanok (traditional Korean architecture) villages in the capita...

POSCO to produce low-carbon steel raw material in Australia

POSCO to produce low-carbon steel raw material in Australia

South Korea's top steelmaker POSCO has launched a project in Australia to produce hot briquetted iron (HBI), an essential raw material for the adopt...

Electric vehicles in S.Korea beat diesel cars in sales

Electric vehicles in S.Korea beat diesel cars in sales

Sales of electric vehicles (EVs) in South Korea last year including hybrids surpassed those of diesel cars for the first time due to the price of di...

Chanel Korea to power its stores with renewable energy

Chanel Korea to power its stores with renewable energy

Chanel Korea has taken a step toward reducing its carbon footprint by signing a memorandum of understanding (MOU) with Korea East-West Power. The ag...

Hyundai's IONIQ 5 named Best Electric Vehicle of 2023 in US

Hyundai's IONIQ 5 named Best Electric Vehicle of 2023 in US

Cars.com, a US automobile evaluation website, named the Hyundai Motor Co.'s IONIQ 5 as the Best Electric Vehicle of 2023 on Tuesday. According to Hy...

Jeju Air resumes daily flights to Hanoi, Ho Chi Minh City, Vientiane

Jeju Air resumes daily flights to Hanoi, Ho Chi Minh City, Vientiane

South Korea's low-cost carrier Jeju Air Co. said on Monday that it would run daily flights from Korea to Hanoi and Ho Chi Minh City in Vietnam and V...

LS Electric receives int'l certification for R&D process security

LS Electric receives int'l certification for R&D process security

LS Electric Co., a South Korean electric power and automation equipment maker, has achieved a major milestone by obtaining international standard ce...

Hyundai GV70 EV to be eligible for US subsidy after classification as SUV

Hyundai GV70 EV to be eligible for US subsidy after classification as SUV

The sport-utility vehicle (SUV) Hyundai Genesis GV70 electric vehicle in the first half of the year is expected to be eligible for subsidies in the ...

LG Uplus, LS Electric partner to support S.Korea's small businesses

LG Uplus, LS Electric partner to support S.Korea's small businesses

LG Uplus Corp., South Korea’s third-largest mobile carrier, said on Friday that it has entered into a partnership with LS Electric Co. to expa...

LG Energy inks $3.3 bn ECV battery deal for N.America, Europe

LG Energy inks $3.3 bn ECV battery deal for N.America, Europe

LG Energy Solution Ltd., the world’s third-largest secondary battery maker, has inked a supply deal estimated up to $3.3 billion for North Ame...

Korea’s Hyundai Electric wins $86 mn transformer deal in US

Korea’s Hyundai Electric wins $86 mn transformer deal in US

Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...

LS Electric builds rail signal system in Taiwan for $39.8 million

LS Electric builds rail signal system in Taiwan for $39.8 million

South Korea's LS Electric Co. on Friday said the Railway Bureau of the Taiwanese Ministry of Transportation and Communications named the company the...

Samsung launches 2023 wind-free air conditioner

Samsung launches 2023 wind-free air conditioner

South Korea's electronics giant Samsung Electronics Co. has released a lineup of new air conditioners that consume less energy.At the "New Air Solut...

Doosan participates in Asia's largest electronics exhibition

Doosan participates in Asia's largest electronics exhibition

South Korea's Doosan Corp. is participating in Nepcon Japan 2023 held at Tokyo Big Site, Japan, from Jan. 25 through 27 to showcase its high-end tec...

Kolmar Korea to establish new cosmetics production base in Sejong City

Kolmar Korea to establish new cosmetics production base in Sejong City

South Korea's cosmetic original design manufacturer Kolmar Korea said Wednesday that it would establish a cosmetics production base equipped with ar...

Hyundai Motor sells 1 mn electric vehicles worldwide

Hyundai Motor sells 1 mn electric vehicles worldwide

In 11 years since Hyundai Motor Group started selling electric vehicles (EVs), the cumulative sales volume of EVs in the global market has finally s...

Kia Sportage selected Family SUV of Year by UK auto journal

Kia Sportage selected Family SUV of Year by UK auto journal

Kia Corp. said on Friday that its sport utility vehicle (SUV) Sportage has been named Family SUV of the Year by the British automotive magazine What...

Ssangyong Motor swings to first quarterly profit in six years

Ssangyong Motor swings to first quarterly profit in six years

South Korea’s Ssangyong Motor Co. posted its first quarterly operating profit in six years, powered by brisk sales of the Torres SUV launched ...

Hyundai's four models selected among Car & Driver's best 10 Trucks & SUVs

Hyundai's four models selected among Car & Driver's best 10 Trucks & SUVs

Hyundai Motor Group said on Wednesday that Hyundai IONIQ5, Kia EV6, Kia Telluride, and Genesis GV70 were selected as the 2023 Best 10 Trucks & S...

Ssangyong Motor takes part in Brussels Motor Show

Ssangyong Motor takes part in Brussels Motor Show

Ssangyong Motor Co. said on Monday that it would participate in the 2023 European Motor Show Brussels and begin to move into the European market in ...

Kia EV6 named SUV of the year in North America

Kia EV6 named SUV of the year in North America

The Kia EV6 is this year's North American Utility Vehicle of the Year of the North American Car, Truck and Utility Vehicle of the Year Awards (NACTO...

Seoul ranks 7th in city competitiveness assessed by Japanese Institute

Seoul ranks 7th in city competitiveness assessed by Japanese Institute

Seoul's urban competitiveness rebounded after five years, ranking seventh in the world. It was due to the fact that the ranking of the economy categ...

Hyundai Electric to switch to 100% renewable energy by 2040

Hyundai Electric to switch to 100% renewable energy by 2040

Hyundai Electric, a power equipment and energy solution affiliate of HD Hyundai, said on Thursday it would convert 100% of the electricity used at a...

Doosan Corp. starts building flexible copper-clad layer plant

Doosan Corp. starts building flexible copper-clad layer plant

South Korea's Doosan Corp. is expanding its production line for flexible cooper-clad layers (FCCL) to boost competitiveness in electronic materials ...

Hankook Tire supplies tires to Nissan's new X-Trail SUV

Hankook Tire supplies tires to Nissan's new X-Trail SUV

Hankook Tire & Technology said on Tuesday it would supply its ultra-high-performance sports tire Ventus S1 evo3 SUV to Nissan's fourth-generatio...

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 Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation