Korean auto parts makers’ earnings ride on electrification push

South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings on the back of their ...
South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings on the back of their ...
South Korea’s EcoPro Co., a leading battery materials maker, has begun construction of a 380 billion won ($286 million) cathode plant in Hunga...
South Korea’s LG Display Co. is regarded as a pioneer in the organic light-emitting diode (OLED) market after it developed the world’s f...
Hankook Tire & Technology Co., South Korea’s largest tire maker, will cut its workforce at the fire-hit production complex in Daejeon thro...
Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...
South Korea’s SK Siltron on Sunday said it procured 19.5% of the electricity it used last year from renewable energy. “In 2020, we were...
South Korea’s leading battery materials maker EcoPro BM Co. sought to raise up to 500 billion won ($385 million) through a convertible bond fo...
South Korea needs to nurture its materials, parts and facilities industries to keep competitiveness in the semiconductor sector, said the chief exec...
LG Chem Ltd. has partnered with a US-based biofuel company Gevo to expand its bio-material-based plastic business.The company announced on Thursday ...
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...
"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...
LG Electronics Inc. expects sales of its home appliances division, the key cash cow of the South Korean company, to remain steady at 30 trillion won...
Kia Corp., under South Korea’s Hyundai Motor Group, is gearing up to produce even more electric and other eco-friendly vehicles in the coming ...
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...
South Korea’s energy storage devices maker LS Materials Co. began the process for an initial public offering later this year as it aims to dev...
Activist funds such as Singapore-based Flashlight Capital Partners Pet. (FCP) on Tuesday failed to gain approval on almost all of their proposals ma...
Cuchen, a South Korean home appliance company, has introduced an original character named "Zin-z" to enhance its brand image. Zin-z is an animation ...
South Korea’s battery industry has high hopes for details on requirements for US tax credits on electric vehicles to be announced this week as...
South Korea's microneedle maker Raphas Co. is expediting its entry into the American pharmaceutical market after entering the country's cosmetics se...
South Korea is expected to log another year of record defense exports in 2023 thanks to growing military budgets across the world as local major arm...
South Korean instant noodle giant Nongshim Co. is looking to build its third manufacturing plant in the US as the company is seeing sales of its pro...
The MBK Partners-Unison Capital Korea (UCK) consortium said on Wednesday it will conduct a second tender offer for shares in Osstem Implant Co., a f...
EcoPro Group, South Korea’s leading battery materials producer, is mulling investments in mines in the Americas to source cathode materials, a...
Celltrion Inc., South Korea’s largest biosimilar maker, said on Tuesday it has studied a possible acquisition of the biopharma solutions unit ...
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is set to pour 4.5 trillion won ($3.4 billion) into ...
LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...
MBK Partners agreed to buy NexFlex Co., South Korea’s top flexible copper-clad laminates (FCCL) producer, as the leading Northeast Asian priva...
South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...
Cosmo Advanced Materials & Technology Co., once the world’s largest video and cassette tape maker, has transformed into a money-making man...
Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...