integrated Electric Drive Unit

Halla Group’s newly-launched autonomous driving solutions subsidiary HL Klemove targets 4 trillion won ($3.4 billion) in revenue by 2030 by ac...

POSCO International Corp., the trading unit of South Korea’s steel giant POSCO, said on Thursday it has signed a $6 million contract to supply...

Hyundai Motor Co. is gearing up to manage the Asia-Pacific markets, excluding China and India, from its home office. South Korea's top carmaker aims...

South Korea's Hankook Tire Group has acquired a majority stake worth 204.5 billion won ($173 million) in Canada's Preciseley Microtechnology Corp., ...

South Korea’s Hyundai Engineering Co. and Hyundai Engineering & Construction Co. (Hyundai E&C), both carmaker giant Hyundai Motor Gr...

Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...

South Korea’s top automaker Hyundai Motor Co. will launch a pilot service of its first autonomous robotaxi based on its electric SUV, the IONI...

South Korea’s Hanwha Solutions Corp. has invested in a US data center energy management startup as part of its new business model to embrace t...

Shares of South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., have staged a strong rebound on an industry prospec...

Kia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at its smart factory for the EV6, its firs...

Hyundai Engineering Co., Hyundai Motor Group’s construction arm, has joined the race to buy a South Korean garbage treatment company as the gr...

South Korea’s Samsung Electronics Co. has unveiled a new chip packaging technology, called H-Cube, which stacks high-performance chips in mu...

POHANG, South Korea - When POSCO Chemical Co., better known as a refractory brick manufacturer until the early 1990s, announced its entry into the a...

State-run utility Korea Electric Power Corp. (KEPCO) and its six subsidiaries declared an aim to cease coal power generation by 2050 in a bid to pla...

South Korea’s Samyang Foods Co., the maker of the Hot Chicken Flavor Ramen, plans to issue its first corporate bonds ever as it is expanding b...

Hyundai Motor Co. on Thursday revealed teaser images of SEVEN, an all-electric SUV concept that would be the IONIQ 7, its first large-size SUV under...

South Korea’s autonomous driving startup 42dot drew strong interest from investors with its advanced artificial intelligence technology. Strat...

SeAH Group, a South Korean mid-size special steel conglomerate, is set to post record earnings this year on the back of the global steel supercycle ...

The National Pension Service (NPS) will increase strategic investments with leading global institutional investors to boost overseas alternative inv...

SK Hynix Inc. will be buying back the remaining stake in its former unit Key Foundry to double its foundry capacity, after its third-quarter operati...

Kwon Young-soo, the No. 2 leader of South Korea's LG Group, will be appointed as the chief executive officer of LG Energy Solution Ltd. next month, ...

Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has developed technology to allow wheels to turn by 90 degrees, aiding in sharper vehi...

Shares in Samsung Engineering Co., a leading South Korean plant builder, have skyrocketed about 90% year to date, far outstripping the average rise ...

Kang Young-kwon, chairman and chief executive of South Korea’s Edison Motors Co., was virtually unheard of in the country’s automobile i...

Amazon.com, the world's largest online retailer, is in negotiations with South Korea's SK Telecom Co. to invest in the mobile carrier's non-telecom ...

General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...

SILICON VALLEY – One of the things that have drastically changed the business environment in the pandemic era is the prevalence of companies t...

South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...

South Korea's Halla Group, the parent company of automotive parts maker Mando Corp., will combine its two autonomous driving business units into a s...

Hyundai Engineering Co., Hyundai Motor Group’s construction arm, started the process for an initial public offering (IPO) expected in the firs...