Hyundai Mobis tests Level 4 self-driving

Hyundai Mobis tests Level 4 self-driving

Hyundai Mobis Co., the world’s sixth-largest auto component maker, will start test driving a Level 4 autonomous driving vehicle in Incheon's S...

Growing controversy over call to share profits for using wind energy

Growing controversy over call to share profits for using wind energy

Renewable energy companies in South Korea are facing growing pressure to share their profits from wind or solar energy electricity generation, stirr...

Samsung, LG look to Europe with AI-powered built-in kitchen appliances

Samsung, LG look to Europe with AI-powered built-in kitchen appliances

MILAN, ITALY – Samsung Electronics Co. and LG Electronics Inc. are big names in the US home appliances market. The two South Korean electronic...

S.Korea asks savings banks to raise capital to avoid crisis

S.Korea asks savings banks to raise capital to avoid crisis

South Korea’s top financial regulator advised about 10 local savings banks in trouble to increase their capital by the end of this month to pr...

Older Voters Are Taking Over in the World’s Wealthy Democracies

Older Voters Are Taking Over in the World’s Wealthy Democracies

SEOUL—On the surface, South Korea’s legislative election this week looks much like past votes. Candidates are holding rallies and partie...

Hyundai’s Genesis: Vehicle evolution from comfort to driving fun

Hyundai’s Genesis: Vehicle evolution from comfort to driving fun

Hyundai Motor Co.'s premium brand Genesis, once derided as a Lexus copycat, is emerging as a breadwinner for the top South Korean automaker and a mo...

KAI inks $723 mn eVTOL aircraft parts deal with Brazil’s Eve

KAI inks $723 mn eVTOL aircraft parts deal with Brazil’s Eve

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, said it signed a 1 trillion won ($723 million) deal ...

Korean kimchi makers spur production in US, Australia

Korean kimchi makers spur production in US, Australia

South Korean top food makers such as CJ CheilJedang Corp. and Daesang Corp. are expanding their kimchi factories overseas to meet growing demand for...

LG, Hyundai seek to deepen vehicle system partnership

LG, Hyundai seek to deepen vehicle system partnership

LG Group units, including LG Electronics Inc. and LG Innotek Co., are in talks with Hyundai Motor Group to expand collaboration on vehicle systems, ...

Samsung to deploy smart home services in Miami

Samsung to deploy smart home services in Miami

Samsung Electronics Co. announced on Sunday that it will deploy smart home services in the Miami residential complex, Florida with the US-based re...

HD Hyundai, Palantir team up for unmanned surface vehicle

HD Hyundai, Palantir team up for unmanned surface vehicle

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, joined hands with US artificial intelligence defense contractor Palantir Tec...

Korean tire makers step up push into bigger, high-margin tires

Korean tire makers step up push into bigger, high-margin tires

South Korean tire makers are betting big on premium tires fitted for sports utility vehicles, full-size sedans and electric vehicles, after bigger a...

Korea’s Orion to ship bottled water to China to challenge Evian

Korea’s Orion to ship bottled water to China to challenge Evian

Orion Holdings Corp., the holding company of South Korea’s confectionary and snack maker Orion Corp., is set to export bottled water to China,...

Shinsegae's baseball team on the rise: SSG Landers

Shinsegae's baseball team on the rise: SSG Landers

Many professional sports teams are not profitable as they incur significant operating costs to secure star players and run related facilities while ...

Power transformer sales explode on AI boom: HD Hyundai Electric CEO

Power transformer sales explode on AI boom: HD Hyundai Electric CEO

Cho Seok, chief executive of HD Hyundai Electric Co., is an outsider at Korea Inc.When he was named CEO of the power equipment maker in December 201...

Manyo’s Pure Cleansing Oil to hit US Costco shelves in July

Manyo’s Pure Cleansing Oil to hit US Costco shelves in July

South Korea’s naturalism cosmetics company Manyo Co. has hit the jackpot in a deal to supply its best-selling face cleansing product, Pure Cle...

Hanwha Vision unveils cloud, AI security techs in US

Hanwha Vision unveils cloud, AI security techs in US

South Korea's Hanwha Vision Co. announced on Friday that it participated in the International Security Conference & Exposition (ISC) 2024, the l...

F&B chain operator TheBorn Korea eyes IPO in 2024

F&B chain operator TheBorn Korea eyes IPO in 2024

South Korea’s leading food and beverage group TheBorn Korea Inc., which operates 25 restaurant and café chains in domestic and global m...

Hyundai Mobis to unveil crab-walking car in S.Korea

Hyundai Mobis to unveil crab-walking car in S.Korea

South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it will participate in the 37th I...

Hyundai Wia targets Chile's advanced arms market

Hyundai Wia targets Chile's advanced arms market

Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...

Korea's M&A market poised to bounce back after bleak Q1

Korea's M&A market poised to bounce back after bleak Q1

South Korea’s mergers and acquisitions market is poised to bounce back after a bleak first quarter, with 22.3 trillion won ($16 billion) worth...

Bubble tea chain Gong Cha struggles in its top market of Korea

Bubble tea chain Gong Cha struggles in its top market of Korea

Global leading bubble tea franchise Gong Cha Global Ltd.’s South Korean affiliate, which owns the beverage chain’s Japanese and Taiwanes...

As many as one in 10 residents in South Korea likely to be foreign by 2042

As many as one in 10 residents in South Korea likely to be foreign by 2042

The number of foreign residents in South Korea is expected to rise steadily in the coming years to account for up to 10.1% of the country’s to...

Kia to enter pickup truck market

Kia to enter pickup truck market

Kia Corp., South Korea’s second-largest automaker, announced on Thursday its first pickup truck's name "The Kia Tasman."The name Tasman is der...

Won at 17-month low vs dollar on reduced US rate cut bets

Won at 17-month low vs dollar on reduced US rate cut bets

The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...

Korea’s HD Hyundai ties up with GE, L3Harris for warship exports

Korea’s HD Hyundai ties up with GE, L3Harris for warship exports

South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. is joining hands with major US defense technology firms to expand its presence i...

LG CNS hosts Startup Day in Silicon Valley

LG CNS hosts Startup Day in Silicon Valley

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it held the Startup Day i...

Kia to enter emerging markets with its latest EV5 made in China

Kia to enter emerging markets with its latest EV5 made in China

Kia Corp., South Korea’s second-largest automaker, plans to enhance its presence in emerging markets with the EV5 compact SUV, the company&rsq...

RVs, SUVs sweep top 4 spots in South Korea’s first-quarter auto sales

RVs, SUVs sweep top 4 spots in South Korea’s first-quarter auto sales

Recreational vehicles (RVs) and sport utility vehicles (SUVs) achieved an unprecedented feat by claiming the top four spots on the list of best-sell...

Korea leads global online shopping trend for used luxury goods

Korea leads global online shopping trend for used luxury goods

South Koreans are leading the trend of buying used luxury goods online with top-end products such as Rolex watches and Hermes bags among the hottest...

Korea Investment & Securities, UBP seek private banking partnership Maru SF to open in Silicon Valley in November as Korean startup gateway Hanwha-owned burger chain Five Guys Korea up for sale two years after launch HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make 1st South Korea visit in 11 years