Hyundai Motor unveils N brand’s first EV IONIQ 5 N

Hyundai Motor unveils N brand’s first EV IONIQ 5 N

Hyundai Motor Co. on Monday announced the launch of its first-ever high-performance electric vehicle (EV) of its N brand, the IONIQ 5 N.The new EV b...

Hyundai, LG to spend combined $7.6 bn to build EV, battery plants in US

Hyundai, LG to spend combined $7.6 bn to build EV, battery plants in US

Hyundai Motor Group and LG Energy Solution Ltd. will spend a combined $7.59 billion to build electric vehicle and battery cell plants in Georgia, th...

Hugel resubmits application to FDA for botulinum toxin product

Hugel resubmits application to FDA for botulinum toxin product

South Korea's biopharmaceutical company Hugel Inc., announced on Friday that it has resubmitted applications to the US Food and Drug Administration ...

Hanwha Q Cells brings forward US solar module production

Hanwha Q Cells brings forward US solar module production

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, brought forward operations of a US pla...

Hyundai Steel's offshore wind power plant gets int’l certification

Hyundai Steel's offshore wind power plant gets int’l certification

South Korea’s Hyundai Steel on Wednesday said its Ulsan Factory 2 in the southern coastal city of Ulsan received certification as an offshore ...

Foreign visitors to S.Korea in July surpass 1 mn post-COVID-19

Foreign visitors to S.Korea in July surpass 1 mn post-COVID-19

The number of foreign tourists visiting South Korea has exceeded 1 million in a month for the first time since the outbreak of COVID-19. According t...

S.Korea to invest in Korean-owned overseas startups

S.Korea to invest in Korean-owned overseas startups

South Korea will expand startup nurturing programs into overseas venture companies launched by Koreans from next year as the country is stepping up ...

Kia’s Hwaseong plant halted due to fire; K5, K8, EV6 output affected

Kia’s Hwaseong plant halted due to fire; K5, K8, EV6 output affected

Kia Corp., South Korea’s second-largest automaker, said on Tuesday the operation of its car manufacturing plant in Hwaseong, 80 km southwest o...

Samsung, LG join hands to connect smart home devices

Samsung, LG join hands to connect smart home devices

Samsung Electronics Co. and LG Electronics Inc. are jointly developing an interoperable smart home system that enables their home appliance users to...

K-pop rookies, fresh boost for Korean entertainment stocks

K-pop rookies, fresh boost for Korean entertainment stocks

South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...

IS Dongseo buys EV battery recycling firm BTS Technology

IS Dongseo buys EV battery recycling firm BTS Technology

IS Dongseo Co., a South Korean waste management company, has acquired Slovakia-based battery recycling company BTS Technology Ltd. for 37.5 billion ...

Kia unveils design of EV5, its first China-made global electric car

Kia unveils design of EV5, its first China-made global electric car

Kia Corp., South Korea’s second-largest automaker, on Friday unveiled the design of the EV5, its first China-made all-electric vehicle that th...

Koreans' Japanese yen savings hit record high in July

Koreans' Japanese yen savings hit record high in July

South Korean investors continued gobbling up the Japanese currency, which has remained weak against the Korean currency after retreating from a one-...

E-Mart to open 1st S.Korean convenience store in Cambodia

E-Mart to open 1st S.Korean convenience store in Cambodia

E-Mart Inc. is set to launch the first South Korean convenience store in Cambodia as the struggling hypermarket giant aims to seek growth opportunit...

POSCO E&C to build offshore wind power plant with Norwegian firm

POSCO E&C to build offshore wind power plant with Norwegian firm

South Korea’s POSCO E&C, formerly POSCO Engineering and Construction, and a Norwegian company are promoting the Ulsan Firefly project, the...

Hyundai Rotem unveils ultra-large servo press line

Hyundai Rotem unveils ultra-large servo press line

Hyundai Rotem, a subsidiary of Hyundai Motor Group and a South Korean railway system manufacturer, announced on Thursday that it held a demonstrat...

Indonesia, Vietnam boost Korean banks’ overseas profits

Indonesia, Vietnam boost Korean banks’ overseas profits

South Korea’s top four banks posted sharp earnings growth in overseas operations in the first half of this year, buoyed by solid profits in In...

Hyundai Motor’s China restructuring continues with Chongqing plant sale

Hyundai Motor’s China restructuring continues with Chongqing plant sale

Hyundai Motor Co., reeling from its weak car sales in China, has put its Chongqing plant up for sale as South Korea’s top automaker continues ...

Samsung to unveil world's first dual UHD gaming monitor at Gamescom

Samsung to unveil world's first dual UHD gaming monitor at Gamescom

Samsung Electronics Co. will unveil its latest gaming monitors at this year's Gamescom, Europe's largest trade show for video games, that runs Wedne...

LG to launch StanbyME Go in North America, Europe

LG to launch StanbyME Go in North America, Europe

LG Electronics Inc. announced on Wednesday its plans to officially roll out its innovative portable screen, StanbyME Go, in North American and Europ...

Celltrion’s Vegzelma listed on prescription of 10 private US insurers

Celltrion’s Vegzelma listed on prescription of 10 private US insurers

South Korea’s Celltrion Healthcare Co. announced on Wednesday that it has signed contracts with 10 insurance providers in the US to boost the ...

Tesla Model Y runs with Kumho’s EV tires, its new cash cow

Tesla Model Y runs with Kumho’s EV tires, its new cash cow

Tires tailored for electric vehicles are expected to become the next cash cow of South Korean tire maker Kumho Tire Co. thanks to growing EV tire or...

Samsung weighs retooling Galaxy S series with Exynos chipsets  

 Samsung weighs retooling Galaxy S series with Exynos chipsets  

Samsung Electronics Co. is seeking to switch the application processors (APs) of some Galaxy S models to its Exynos chipsets next year to lower its ...

Mirae Asset Securities exceeds $3 bn in overseas equity

Mirae Asset Securities exceeds $3 bn in overseas equity

Mirae Asset Securities Co. said on Tuesday it owns more than 4 trillion won ($3 billion) of equity capital in overseas operations as of June 30 of t...

HiteJinro to strengthen soju marketing in UK

HiteJinro to strengthen soju marketing in UK

South Korea’s leading soju maker HiteJinro Co. announced on Tuesday that its soju sales in the UK are showing consistent growth year by year. ...

LS e-Mobility to supply $187 million in EV parts to Hyundai Motor, Kia

LS e-Mobility to supply $187 million in EV parts to Hyundai Motor, Kia

LS e-Mobility Solutions Co., a power transmission parts maker, has won a 250 billion won ($187 million) deal to supply electric vehicle (EV) parts...

Fans of Supreme rush into the label's 1st Korean store

Fans of Supreme rush into the label's 1st Korean store

The US street fashion brand “Supreme,” which has a global fandom with a brand name written in white in a red box, opened its first store...

CJ Olive Young, Meta sign agreement for digital marketing

CJ Olive Young, Meta sign agreement for digital marketing

South Korea's health and beauty store chain CJ Olive Young announced on Tuesday that it signed a business cooperation agreement with Meta, global so...

Young Poong, Lotte Global Logistics to form battery recycling supply chain

Young Poong, Lotte Global Logistics to form battery recycling supply chain

South Korea’s non-ferrous metal company Young Poong Co. has teamed up with Lotte Global Logistics Co. to form a supply chain system for recycl...

Kia’s first vehicles T-600, Brisa resurrected after 40 years

Kia’s first vehicles T-600, Brisa resurrected after 40 years

Not many people in the auto industry know that South Korea’s Kia Corp. started as a bicycle parts maker 79 years ago.Back in 1944, Kim Chul-ho...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale