KAI participates in Poland's defense exhibition

Korea Aerospace Industries Ltd. (KAI) announced on Wednesday that it is participating in the MSPO International Defence Industry Exhibition in Kielc...

Hyundai Mobis eyes over 30% growth in Europe through 2030

MUNICH, GERMANY – Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, is targeting average annual sales growth of 30% in Europ...

Kia to participate Europe's largest defense expo in Poland

Kia Corp. on Tuesday announced its participation in the MSPO International Defence Industry Exhibition in Kielce, Poland. This marks Kia's firs...

LG Magna to build plant in Hungary for European EV market

MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., ha...

Samsung trio premiere future mobility solutions at IAA Mobility 2023

MUNICH, GERMANY – The automotive electronics and parts-making units of Samsung Group are making a grand debut together at this year’s IA...

LG Elec to fend off challengers with tech supremacy: H&A Head Ryu   

LG Electronics Inc., the South Korean home appliance giant that is also the world’s No. 1 home electronics seller, is sure it can hold its mar...

Hyundai, LG to spend combined $7.6 bn to build EV, battery plants in US

Hyundai Motor Group and LG Energy Solution Ltd. will spend a combined $7.59 billion to build electric vehicle and battery cell plants in Georgia, th...

LG Group manages ESG information like financial data

LG Group has decided to manage environmental, social, and governance (ESG) management activities as if they were financial data. The aim is to provi...

Samsung offers guide to greener, smarter life with SmartThings

BERLIN – Concerned about extreme weather and skyrocketing energy bills? “Keep calm” and head to Berlin where Samsung Electronics C...

Hyundai Engineering to produce offshore wind power on Chuja Islands

South Korea’s Hyundai Engineering on Thursday said it signed the day before a memorandum of understanding with Equinor Korea, LG Chem Ltd., PO...

LG CNS to develop GenAI market with Google Cloud

South Korea’s largest cloud computing service provider LG CNS has formed a generative artificial intelligence (GenAI) alliance with Google Clo...

Samsung’s connectivity vs. LG’s sustainability at IFA 2023

BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...

LG H&H's The Whoo unveils Cheongidan renewal line in Shanghai

LG H&H Co. announced on Thursday its strategy to focus on the Chinese market by unveiling a renewal version of "Cheongidan," the flagship produc...

Kim Young-shub, ex-LG CNS chief, to lead Korea’s telecom giant KT

Kim Young-shub, former chief executive of information technology service provider LG CNS Co., has been named to head South Korea’s leading tel...

NPS logs 9.1% return in H1 2023; recovered from loss in 2022

National Pension Service (NPS) of South Korea achieved a 9.1% return on investment during the first half of this year, with assets under management ...

LIG Nex1 participates in drone road show in Riyadh

South Korean leading defense company LIG Nex1 Co. took part in a drone-focused workshop "2023 Korea-Saudi Arabia Drone Road Show" in Riyadh, Saudi A...

Samsung, LG join hands to connect smart home devices

Samsung Electronics Co. and LG Electronics Inc. are jointly developing an interoperable smart home system that enables their home appliance users to...

LG Electronics to showcase high-efficiency appliances in Europe

LG Electronics Inc. is targeting the European market by releasing home appliances that exceed the highest grades of energy efficiency.The company on...

LG Uplus’ platform push gains traction with active venture funding  

LG Uplus Corp., South Korea’s third-largest mobile carrier, which has joined its two bigger local rivals in a race to expand non-telecom servi...

Korean LG Chem to spend $95 mn to double water treatment biz

South Korea’s top chemicals maker LG Chem Ltd. plans to spend 124.6 billion won ($94.5 million) on increasing its water treatment material out...

Hyundai Elantra N TCR stands on double podium in 2023 TCR World Tour

Hyundai Motor Co. announced on Monday that the Elantra N TCR has won the 2023 TCR (touring car racing) World Tour in José Carlos Bassi Circui...

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung Electronics Co. and LG Electronics Inc. are set to attend Europe's biggest tech trade fair and biggest motor show, IFA and IAA Mobility, res...

IS Dongseo buys EV battery recycling firm BTS Technology

IS Dongseo Co., a South Korean waste management company, has acquired Slovakia-based battery recycling company BTS Technology Ltd. for 37.5 billion ...

Koreans' Japanese yen savings hit record high in July

South Korean investors continued gobbling up the Japanese currency, which has remained weak against the Korean currency after retreating from a one-...

LG Electronics rolls out customizable trailer Bon Voyage

LG Electronics Inc. on Friday announced that its customized trailer Bon Voyage will make its debut at the global wellness festival Wanderlust Korea ...

LG Display boosts ties with Mercedes-Benz in vehicle screens

South Korea's LG Display Co. has reinforced its auto display cooperation with German automotive giant Mercedes-Benz, raising prospects that the form...

BOK chief’s top mission: Soft landing for household debt

South Korea’s central bank chief on Thursday vowed to reduce household debt without causing a severe economic downturn as the Bank of Korea he...

LG Group accelerates shift toward AI, bio and clean tech

Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...

LG Uplus launches customized solution for cultural facilities

South Korea’s telecom service provider LG Uplus Corp. has released a solution that identifies the interests and movements of exhibition visito...

LG aims to capture 50% of global luxury car display market by 2026

LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...