Hyundai Motor, Kia to research EV energy with three universities

Hyundai Motor, Kia to research EV energy with three universities

Hyundai Motor Co. and Kia Corp. will form a research ecosystem for sustainable electric vehicle (EV) energy with Seoul National University, Chung-An...

Hyundai Dept. Store Duty Free to launch metaverse duty-free shop

Hyundai Dept. Store Duty Free to launch metaverse duty-free shop

South Korea's Hyundai Department Store Duty Free announced on Thursday that it had signed a memorandum of understanding (MOU) with OlimPlanet for ...

EQT sees huge potential in security services for S.Korean SMEs

EQT sees huge potential in security services for S.Korean SMEs

The digital security market is rapidly growing in South Korea, one of the world’s fastest-aging countries and amid its soaring labor costs.&nb...

S.Korea’s NPS taps investment strategy head as NY office chief

S.Korea’s NPS taps investment strategy head as NY office chief

South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...

Hyundai Rotem's unmanned electric trains exported to Malaysia start running

Hyundai Rotem's unmanned electric trains exported to Malaysia start running

South Korea’s Hyundai Rotem has started running all of the unmanned electric trains it has exported to Malaysia.The company on Thursday said 4...

Hyundai Const. Equipment unveils new BI, slogan at CONEXPO 2023

Hyundai Const. Equipment unveils new BI, slogan at CONEXPO 2023

Hyundai Construction Equipment Co., a construction equipment subsidiary of HD Hyundai Co., announced on Thursday the release of its new brand identi...

Kia unveils flagship EV9 design; world premiere in March

Kia unveils flagship EV9 design; world premiere in March

Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is extending its EV lineup...

Hyundai, other Korean steelmakers slim down Chinese units

Hyundai, other Korean steelmakers slim down Chinese units

Hyundai Steel Co. has decided to sell its Beijing arm, worth 400 billion won ($310 million) in asset value, hit by declining sales of its affiliates...

Hyundai Elevator to compete in Indonesian smart city projects

Hyundai Elevator to compete in Indonesian smart city projects

Hyundai Elevator Co. said on Wednesday that it will join a South Korean government-led team to bid for smart city projects in Indonesia, where the c...

Hyundai Asan to sell $30.7 million worth of shares for capital restructuring

Hyundai Asan to sell $30.7 million worth of shares for capital restructuring

Hyundai Asan Co. under South Korean conglomerate Hyundai Group will raise 40 billion won ($30.7 million) in its seventh share sale since it was forc...

Tmap Mobility to sell all its 30% stake in joint venture with Grab

Tmap Mobility to sell all its 30% stake in joint venture with Grab

Tmap Mobility Co., the Korean navigation app company, announced on Tuesday its plan to sell its 30% stake in Grab Geo Holdings, a joint venture esta...

S.Korean sovereign wealth fund KIC to set up Mumbai office

S.Korean sovereign wealth fund KIC to set up Mumbai office

Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...

S.Korea's mattress maker Zinus posts record domestic sales in 2022

S.Korea's mattress maker Zinus posts record domestic sales in 2022

Zinus Inc., the mattress-making affiliate of South Korea's Hyundai Department Store Group, on Monday reported record-high domestic sales last year o...

Apple Pay to launch in South Korea on March 21

Apple Pay to launch in South Korea on March 21

Apple's mobile payment service, Apple Pay, is set to launch domestically in South Korea on March 21, according to industry sources on Monday.With th...

Hyundai to boost India presence via takeover of GM plant

Hyundai to boost India presence via takeover of GM plant

Hyundai Motor Co., the leading South Korean carmaker, is set to expand its presence in India with a takeover of General Motors Co.’s plant in ...

Hyundai L&C targets China’s interior materials market

Hyundai L&C targets China’s interior materials market

Hyundai L&C, a South Korean building materials company under the Hyundai Department Store Group, said on Sunday that it has entered the Chinese ...

Hyundai E&C consortium breaks ground on $7 bn S-Oil Shaheen project

Hyundai E&C consortium breaks ground on $7 bn S-Oil Shaheen project

A South Korean consortium led by Hyundai Engineering & Construction Co. has embarked on building 9.26 trillion won ($7 billion) petrochemical fa...

HD Hyundai units to showcase unmanned equipment at US expo

HD Hyundai units to showcase unmanned equipment at US expo

Hyundai Construction Equipment Co. and Hyundai Doosan Infracore Co., construction machinery subsidiaries of HD Hyundai Co., said on Friday they woul...

Korea's Smilegate to launch PC-mobile cross-play game globally

Korea's Smilegate to launch PC-mobile cross-play game globally

Smilegate, a South Korean game developer and publisher, said on Friday that it will launch its new cross-play game "Wonderers: Eternal World" global...

HD Hyundai opens free in-house daycare center for up to 300 children

HD Hyundai opens free in-house daycare center for up to 300 children

HD Hyundai Co., the owner of South Korea’s biggest shipbuilding group, opened an in-house daycare center at its new headquarters building in K...

Hyundai Motor spins off 4 in-house startups in mobility, AI, data

Hyundai Motor spins off 4 in-house startups in mobility, AI, data

Hyundai Motor Group has spun off four new in-house startups, including MOBINN with autonomous driving technology and APLAYS with AI-powered music cu...

AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab Inc., a computer security solutions provider in South Korea, announced on Thursday that its smartphone security solution "V3 Mobile Security"...

Korea's Innocean wins eight awards at Spikes Asia advertising festival

Korea's Innocean wins eight awards at Spikes Asia advertising festival

South Korea-based global marketing communications company Innocean said on Thursday that it received eight awards at the 2023 Spikes Asia, a prestig...

Hyundai Eng. completes Lemba-Imbu water purification plant in DR Congo

Hyundai Eng. completes Lemba-Imbu water purification plant in DR Congo

Hyundai Engineering, a South Korean construction contractor, held a completion ceremony for the "Lemba-Imbu water purification plant phase 1 project...

Hyundai eyes greater SUV market share with new Kona EV

Hyundai eyes greater SUV market share with new Kona EV

Hyundai Motor Co. on Tuesday unveiled the all-new Kona Electric, its first fully revamped compact sport utility vehicle in five years, as the top So...

Line Games launches global service for Uncharted Waters Origin

Line Games launches global service for Uncharted Waters Origin

Line Games Corporation, an affiliate of South Korea’s internet giant Naver Corp., announced on Tuesday the launch of Uncharted Waters Origin, ...

Korea's SK Telecom jointly develops AI patrol robots

Korea's SK Telecom jointly develops AI patrol robots

SK Telecom Co., along with its partner firms, will develop artificial intelligence (AI) robots that will replace security guards patrolling around s...

Kakao to launch takeover bid for SM to counter HYBE

Kakao to launch takeover bid for SM to counter HYBE

Kakao Corp., South Korea’s dominant mobile platform, will launch a takeover bid for SM Entertainment Co., according to people with knowledge o...

Jeju Air teams up with startup Plana to explore urban air mobility

Jeju Air teams up with startup Plana to explore urban air mobility

Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...

Hyundai Mobis, Hyundai Motor develop vehicle height adjustment system

Hyundai Mobis, Hyundai Motor develop vehicle height adjustment system

Hyundai Mobis, a global auto parts vendor and affiliate of Hyundai Motor Group, said on Monday that it has co-developed an electronic levelling cont...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A