integrated Electric Drive Unit

S-1 Corp., a security affiliate of South Korea's Samsung Group, has been expanding its presence into the automated external defibrillator (AED) area...

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...

Global smartphone shipments last year declined to their lowest level in 10 years, showing how consumers closed their wallets amid the economic downt...

South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Malaysian offshore ene...

South Korea's auto distribution digital solutions company Epikar said on Wednesday that it has signed a memorandum of understanding (MOU) for R&...

South Korea’s Woori Financial Group is set to acquire Daol Investment Co., a venture capital arm of the liquidity-strapped Daol Financial Grou...

Integration Inc., which operates specialized platforms for medical personnel such as Traditional Korean Medicine doctors and dentists, has raised 10...

South Korea's Kakao Mobility has launched a think tank to study next-generation mobility hardware under the company's bid to lead overall innovation...

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 ...

Lotte Chemical Corp. is set to sell its Pakistan unit for 192.4 billion won ($155.8 million won) to a chemical company in the country as the South K...

South Korea's major plant-based food company Pulmuone Co. Ltd. said on Monday that it has built a "digital cluster smart factory" that can share, in...

KB Kookmin Card, a credit card unit of KB Financial Group, and its Cambodian local subsidiary KB Daehan Specialized Bank, acquired the Southeast Asi...

South Korea's SPC Group on Wednesday said it has developed an app for an integrated safety inspection system using information and communications te...

The Korea Automotive Technology Institute (Katech) said on Tuesday that it will join hands with the Southwest Research Institute (SwRI) of the Unite...

Genesis, Hyundai Motor Group's premium sub-brand, sold more car units in the US last year than its Japanese rival Infiniti.Genesis sold a record-hig...

LG Group’s two units have showcased new automotive and display products, which would expand their presence in the autonomous driving and premi...

South Korea’s Daol Financial Group agreed to sell another unit as part of its efforts to raise money in preparations for a possible liquidity ...

Hyundai Motor Co. and Kia Corp. kept their fifth place in sales in the US market for the second consecutive year. Despite production setbacks due to...

Naver Corp.’s business-to-business (B2B) services provider Works Mobile Co. posted its first-ever profit in 2022, driven by a surge in Japanes...

South Korea's Kolon Mobility Group has been launched with Lee Kyu-ho, the great grandson of the Kolon Group founder Lee Won-man, as co-CEO. Formerly...

LAS VEGAS – LG Electronics Inc., the world’s top home appliance producer, expanded its partnership with Canadian car parts maker Magna I...

SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...

SKC Future Materials and SKC Hi-Tech & Marketing, which had newly been established through the spin-off of SKC's industrial materials division (...

Applied Materials Inc., a global leading equipment and software supplier to semiconductor makers, has invested 51 billion won ($40.2 million) in Abs...

South Korea’s POSCO International Co. completed a merger with its affiliate POSCO Energy Co. on Jan. 1, which the trading company said would f...

The South Korean won was expected to stay weaker than levels for corporate profits this year as the local currency was likely to stay under pressure...

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...

POSCO Gwangyang Works, one of the two pillar steel mills of POSCO Holdings Inc. together with Pohang Works, obtained a Green Data Center Bronze Grad...

South Korea's Medicox Co. on Wednesday said it will raise 40 billion won ($32 million) to boost its unit for oral insulin and cannabidiol (CBD).The ...

HL Mando ( Mando Corp. ) and self-driving technology company HL Klemove said Wednesday that they would participate in CES 2023, the world's largest ...