integrated Electric Drive Unit

South Korea’s small and medium-sized enterprises adopted smart factories for survival as the digitalized facilities improve productivity and q...

Hyundai Motor Co.'s IONIQ 5 and Kia Corp.'s EV6 have been recognized as the most competitive electric sport utility vehicles by Auto Zeitung, a high...

Point Mobile Co., South Korea’s top enterprise handheld devices maker, expanded a supply deal with Amazon.com Inc. to offline units of the wor...

Hyundai Motor Co. will unveil the much-anticipated IONIQ 6, its first all-electric sedan on an exclusive EV platform, in July, to compete with the l...

South Korea’s SK Innovation Co. is not currently considering an initial public offering of its battery subsidiary, an executive said on Friday...

Samsung Biologics Co. is acquiring a nearly 50% stake in a biosimilar joint venture with Biogen Inc. from the US biotechnology company for $2.3 bill...

Hyosung Group’s annual operating profit exceeded two trillion won ($1.9 billion) for the first time since the company was founded in 1966.Loca...

LG Electronics Inc. is bringing a life-size model of its future mobility autonomous concept vehicle to the real world.The LG Omnipod, a mobility con...

The National Pension Service (NPS) of Korea, the largest shareholder of POSCO Co., has given its nod to the steelmaking giant’s plan to spli...

Plastics rise as Korean SMEs’ main export Many Korean small and medium enterprises performed exceptionally amid the economic recovery in 2021...

Materials, components and equipment makers drove South Korea's mergers and acquisitions market to a record high last year, with smaller deals involv...

POSCO Co. plans to build a steel mill jointly with India's Adani Group in western India, the South Korean steelmaker said on Thursday, after its pre...

Hyundai Motor Co. said on Thursday it aims to triple the global sale of the Genesis G90 over the next couple of years by launching the flagship luxu...

South Korea’s third-largest chaebol, SK Group, announced its plans to launch a consultative body to create synergy among its three subsidiar...

South Korea’s top automaker Hyundai Motor Group beat Japanese rival Honda Motor Co. in the US last year, for the first time in its 35 years of...

Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...

Hyundai Motor Co., South Korea’s top automaker, aims to roll out mass-produced hands-free Level 3 self-driving cars, starting with the flagshi...

South Korea’s SK Hynix Inc. decided to list the recently acquired Intel Corp.’s NAND flash memory chip business on the Nasdaq in a move ...

Germany's car parts maker ZF Friedrichshafen is in the final stages of negotiations to invest around 20 billion won ($17 million) in StradVision, a ...

South Korea's largest supermarket chain E-Mart Inc. has spent nearly $4 billion on acquisition deals so far this year, including the $3 billion purc...

Hyundai Motor Group, South Korea’s top automaker, will stop developing new internal combustion engines in order to accelerate its transformati...

South Korea’s major display panel maker LG Display Co. is estimated to have sold more than 20 million units of organic light-emitting diode (O...

Environmental, social and governance (ESG) requirements are expected to drive high-performance chip demand higher, in particular from data center op...

Hyundai Motor Co., South Korea’s top automaker, has reorganized its overseas units, reducing the number of business sectors to five from nine,...

Motional Inc., a US mobility joint venture between Hyundai Motor Co. and Aptiv PLC, has teamed up with Uber Technologies Inc. to provide an autonomo...

Samsung Electronics Co. is supplying advanced memory chips to an unidentified global automaker for use in its self-driving and infotainment systems....

At the end of last year, executives of Kumho Petrochemical Co. were in a heated debate on whether or not to expand the capacity of nitrile butadiene...

POSCO Group Chairman and Chief Executive Choi Jeong-woo on Monday reaffirmed the group's determination not to list on the stock market the steelmaki...

South Korea’s Hanwha Defense Co. inked a $788 million deal to supply K9 self-propelled howitzers to Australia, marking its first sale of the s...

Samsung Electronics Co., in a surprise move, has merged its mobile and consumer electronics businesses into a single unit, and replaced chief execut...