Hyundai Glovis, KOBC sign deal for car carriers

Hyundai Glovis, KOBC sign deal for car carriers

Hyundai Glovis Co. and Korea Ocean Business Corporation (KOBC) announced on Monday that they will sign a business agreement on Feb. 6. related to ...

Hyundai Motor to expand into secondhand EV market

Hyundai Motor to expand into secondhand EV market

Hyundai Motor Co. will expand its certified secondhand car business into electric vehicles (EVs) to increase the range of used vehicles it deals wit...

Lexus tops imported car brands in Korea driver survey

Lexus tops imported car brands in Korea driver survey

Lexus ranked tops in a customer satisfaction survey of imported-car drivers in South Korea, which also found positive responses to the online purcha...

Korea’s luxury resort market blossoms despite slow economy

Korea’s luxury resort market blossoms despite slow economy

South Korea’s luxury resort market seems to operate out of sync with the economy. High-end operators are opening swanky holiday resorts in Kor...

Korean vegan makeup brand Dear Dahlia on the market

Korean vegan makeup brand Dear Dahlia on the market

Dear Dahlia, a South Korean vegan makeup brand that operates around 300 stores across the globe, has been put on for sale for more than 100 billion ...

Hyundai, Kia EV sales on a roll in US due to better style, pricing

Hyundai, Kia EV sales on a roll in US due to better style, pricing

Hyundai Motor Co. and its sibling Kia Corp. sold 6,627 units of electric vehicles together in the US last month, 51% more than a year ago as their d...

Samsung’s fashion unit logs record profit again in 2023

Samsung’s fashion unit logs record profit again in 2023

Samsung Group’s fashion unit posted record profit and revenue for the second straight year in 2023. The fashion division, which logged deficit...

Korean convenience stores push exports of own brand products

Korean convenience stores push exports of own brand products

South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...

Hyundai, BAIC join hands to develop China-only EV brand

Hyundai, BAIC join hands to develop China-only EV brand

BEIJING – Hyundai Motor Co. has joined hands with Beijing Motor Corp. (BAIC) to debut a new electric vehicle brand specifically tailored to Ch...

Nongshim to open brand zone in Myeongdong, Seoul

Nongshim to open brand zone in Myeongdong, Seoul

South Korean food and beverage giant Nongshim Co. announced on Friday that it will open its brand zone in Myeongdong, Seoul with the domestic street...

Hyundai Motor, SK Enmove to join forces for next-generation vehicle refrigerants

Hyundai Motor, SK Enmove to join forces for next-generation vehicle refrigerants

Hyundai Motor Group and SK Enmove Co. on Thursday signed a memorandum of understanding to collaborate in developing refrigerants for next-generation...

CJ OnStyle launches genderless fashion brand M12

CJ OnStyle launches genderless fashion brand M12

South Korea's CJ OnStyle announced on Thursday that it will launch a genderless fashion brand M12. M12 means genderless lifewear that can be worn co...

Lotte gets exclusive right of Bacha Coffee in S.Korea

Lotte gets exclusive right of Bacha Coffee in S.Korea

South Korea's Lotte Department Store announced on Thursday that is has secured the exclusive franchise and distribution rights for Bacha Coffee, M...

Nike looks to lure Korean customers with Naver’s generative AI ad platform

Nike looks to lure Korean customers with Naver’s generative AI ad platform

Nike Inc., the leading global sportswear brand, has launched an advertising campaign in South Korea on the generative artificial intelligence (AI) a...

Nongshim sees record-high Shin Ramyun sales

Nongshim sees record-high Shin Ramyun sales

South Korean food and beverage giant Nongshim Co. announced on Wednesday that its signature instant noodle brand Shin Ramyun saw a record high of ...

Hyundai Mobis unveils human-centric lighting tech for cars

Hyundai Mobis unveils human-centric lighting tech for cars

Hyundai Mobis Co., the world’s sixth-largest auto parts maker, has introduced a system that changes car interior lights depending on a driver&...

Lotte Wellfood enters Costco stores in Canada, Mexico

Lotte Wellfood enters Costco stores in Canada, Mexico

South Korea's Lotte Wellfood Co. announced on Tuesday that it is expanding exports to Mexico and Canada through Costco. It marks the first entry o...

HD Hyundai Marine Solution to enter ship cyber security

HD Hyundai Marine Solution to enter ship cyber security

South Korea’s HD Hyundai Marine Solution announced on Monday that it has signed a memorandum of understanding (MOU) with the domestic security...

Amorepacific's Aestura to enter Vietnamese market

Amorepacific's Aestura to enter Vietnamese market

South Korean beauty and cosmetics giant Amorepacific Corp. announced on Monday that its derma cosmetic brand Aestura will enter the Vietnamese ...

Hyundai unveils All-New Kona Electric N Line in Europe

Hyundai unveils All-New Kona Electric N Line in Europe

Hyundai Motor Co. unveiled 2024 The all-new KONA Electric N Line in the European market including the UK on Jan. 16., according to the company.&nb...

Mercedes-Benz unveils New E-Class in S.Korea

Mercedes-Benz unveils New E-Class in S.Korea

Mercedes-Benz Korea on Friday unveiled the 11th generation of its fully redesigned mid-sized The New E-Class sedan in South Korea.This latest iterat...

Hyundai, Kia dominate US Best Cars for the Money

Hyundai, Kia dominate US Best Cars for the Money

Hyundai Motor Group announced on Friday that Hyundai Motor Co. and Kia Corp. have top seven categories in the 2024 Best Cars for the Money awards in...

Korean cosmetics makers' profits soar as niche brands grow

Korean cosmetics makers' profits soar as niche brands grow

Kolmar Korea Co. and Cosmax Inc., South Korea’s leading cosmetics suppliers to multinational conglomerates like L'Oréal S.A., are enjoy...

NPS picks tech, electronics as its favorite local stocks in 2023

NPS picks tech, electronics as its favorite local stocks in 2023

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, picked information tech, electric and electronic s...

Hyundai sells Chongqing plant at $227 mn for China restructuring

Hyundai sells Chongqing plant at $227 mn for China restructuring

Hyundai Motor Co. has sold its plant in Chongqing for $227 million as the leading South Korean carmaker continues restructuring its business to surv...

Daesang launches alternative sweetener brand Sweevero

Daesang launches alternative sweetener brand Sweevero

South Korean food company Daesang Corp. announced on Tuesday that it is launching the integrated brand "Sweevero" for alternative sweeteners like al...

Supernal debuts upgraded flying-car concept; Hyundai reveals MOBION

Supernal debuts upgraded flying-car concept; Hyundai reveals MOBION

LAS VEGAS – Supernal LLC, the US-based urban air mobility (UAM) affiliate of South Korea’s Hyundai Motor Group, has unveiled its latest ...

Kia EV9 named NACTOY 2024

Kia EV9 named NACTOY 2024

Kia EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., was named “2024 Nort...

BMW overtakes Mercedes-Benz as top-selling foreign carmaker in S.Korea

BMW overtakes Mercedes-Benz as top-selling foreign carmaker in S.Korea

BMW has overtaken Mercedes-Benz in the South Korean market, regaining the top spot in the foreign automobile sales segment for the first time in eig...

Hyundai Motor, Kia post record US sales in 2023, to rank 4th in US

Hyundai Motor, Kia post record US sales in 2023, to rank 4th in US

South Korea’s Hyundai Motor Group saw its vehicle sales in the US rise to an all-time high in 2023, driven by its latest models of recreationa...

Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media