Samsung to invest $230 bn in Korea on speedy govt support

Samsung Electronics Co., the world’s top memory chipmaker, is set to spend 300 trillion won ($230.4 billion) to build semiconductor manufactur...

Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years

South Korea’s top auto parts maker Hyundai Mobis Co. said on Tuesday it expects to begin mass production of its rollable vehicle display &ndas...

Genesis GV70 EV tops German magazine comparison

The Electrified GV70, an electric SUV from Hyundai Motor Group's luxury brand Genesis, has won the top spot in a comparison test run by Germany's ...

Hyundai Motor, Kia surpass 10mn global connected car subscribers

Hyundai Motor Group announced on Monday that the global number of subscribers to the connected car services of Hyundai Motor Co. and Kia Corp, first...

Kia starts delivering electric SUV EV9 to customers

Kia Corp. announced on Sunday that its first large-scale electrified sport utility vehicle (SUV), the EV9, will be available for delivery to custome...

Rolls-Royce unveils its first all-electric model, Spectre, in Seoul

Rolls-Royce has unveiled Spectre, the brand's first all-electric model, on Friday in Seoul for the first time in the Asia-Pacific region.The exterio...

Hyundai's Kona Electric nears 300,000 in cumulative sales

Kona Electric, the best-selling Korean electric vehicle (EV) of Hyundai Motor Co.'s compact sports utility vehicle (SUV), is on the verge of reachin...

POSCO Int'l to supply nearly 7 mn motor cores to Hyundai Motor

South Korea's largest trading company POSCO International on Thursday said its affiliate POSCO Mobility Solution will supply motor cores to Hyundai ...

Hyundai Mobis to expand vehicle module facility in S.Korea

South Korea’s Hyundai Mobis Co. will build its third automotive module plant in Ulsan, South Korea, where its parent Hyundai Motor Group opera...

LG Energy to expand smart factory systems to N.America JVs

South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...

LG Innotek develops flexible vehicle lighting Nexlide-M

South Korea's electronic component maker LG Innotek on Wednesday announced the release of Nexlide-M, or a flexible 3D lighting component for vehicle...

Moody’s cuts credit view on KEPCO to lowest investment grade

Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...

Kakao Mobility uses self-driving vehicles to transport cargo

South Korea’s transportation company Kakao Mobility has launched a project in the nation's fourth-largest city of Daegu to transport people an...

Hanon to build $40 mn heat pump systems plant in US state of Georgia

Hanon Systems Corp., a South Korean thermal management systems provider for automakers, is set to inject $40 million to establish a plant in the US ...

S.Korean space rocket Nuri launch postponed due to technical issues

The launch of South Korea's space rocket Nuri, scheduled for Wednesday afternoon, was postponed hours ahead of schedule."During the preparations for...

Hyundai, Kia team up with 11 universities for vehicle electrification

South Korean auto giant Hyundai Motor Co. and its sister company Kia Corp. are joining forces with leading South Korean universities to pioneer adva...

Boeing-backed Huneed eyes civil aircraft market beyond jets

South Korea’s Huneed Technologies specializes in aircraft components such as military communications equipment and supplies them to the armed ...

Hyundai’s design inspiration: Pony Concept restored after 50 years

For Hyundai Motor Co., the Pony – its first car – is a bittersweet memory.When Hyundai set its sights on car manufacturing back in 1974,...

Hyundai Motor holds Brand Day in Tokyo

Hyundai Motor Co., in celebration of the first anniversary of its reentry into the Japanese market, is introducing a locally tailored "assurance pro...

S.Korea’s January-April car exports at record high of $23.2 bn

In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...

Hyundai Wia starts to produce coolant hub module

Hyundai Wia Corp., an auto parts unit of Hyundai Motor Group, is making a full-scale entry into the market for electric vehicle thermal management s...

LS Electric to unveil eco-friendly smart energy techs in Vietnam

South Korea's LS Electric Co. announced on Monday its participation in the highly anticipated "Electric Energy Show 2023" to be held in Hanoi, Vietn...

Kolon Industries to expand high-value specialty petroleum products plant

Kolon Industries Inc., a leading industrial materials maker in South Korea, announced on Monday that it will invest 24 billion won ($17.94 million) ...

KEPCO vows to save $19 bn in 5 yrs; CEO offers to resign over swelling losses

South Korea’s state-run utility monopoly Korea Electric Power Corp. (KEPCO) on Friday vowed to save nearly 26 trillion won ($19.5 billion) ove...

LG Electronics' German affiliate gets partner for vehicle front development

ZKW Group of Germany, an automotive lighting and headlight affiliate of LG Electronics Inc., on Thursday said it signed a memorandum of understandin...

Kia, Kakao Mobility to jointly develop PBV for ride-hailing

Kia Corp. and Kakao Mobility announced on Friday that they have signed the previous day a memorandum of understanding for the development of a purpo...

LS Electric targets Southeast Asian microgrid market

South Korea's LS Electric Co. will join hands with Thailand's second-largest company Siam Cement Group (SCG) to target the Southeast Asian market fo...

Hyundai Motor drives software unit's Q1 sales higher

Record-setting earnings at South Korea’s Hyundai Motor Group have driven its vehicle software platform’s sales sharply higher and painte...

Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines

South Korea's automotive internet sales company Hyundai AutoEver and electrical equipment and automation specialist LS Electric Co. have adopted Ieu...

SK E&S to supply renewable electricity to BASF

South Korea’s SK E&S Co. will supply electricity generated from renewable energy to global chemical company BASF. SK E&S announced on...