Qualcomm chip shortage may squeeze global smartphone production

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

Qualcomm chip shortage may squeeze global smartphone production

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

Graphene Square aims global with mass production of 'wonder material'

Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an e...

Hyundai Motor to ramp up fuel cell car production

South Korea-based Hyundai Motor Co. has decided to produce around 17,000 units of its hydrogen fuel cell electric vehicle (FCEV) this year, thrice t...

LG Electronics enters TV content platform market with its webOS software

South Korea’s LG Electronics Inc. is entering the TV content platform market by offering its web-based software to TV makers through a partner...

Renault vows action if Korean unit fails to improve productivity, cut costs

French auto giant Groupe Renault has warned of stern action against its struggling South Korean unit, urging it to improve productivity and cut cost...

GM Korea to cut production; carmakers call for govt action

The South Korean arm of General Motors Co. has become the country’s first automaker forced to cut production due to the global semiconductor c...

LG Electronics' 2020 sales, operating profit hit all-time highs

South Korea’s LG Electronics Inc. on Friday posted record 2020 operating profit and revenue, boosted by robust sales in its home appliance div...

GM Korea to curb production as global chip shortages worsen

GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...

LG Electronics to consider selling smartphone business

South Korea-based LG Electronics Inc. looks to be considering selling off its struggling smartphone division, which has been in the red for 23 con...

LG Electronics, Luxoft to launch car infotainment JV in January

LG Electronics Inc. will launch a car infotainment system joint venture with Luxoft, a DXC Technology company headquartered in Switzerland, later th...

CJ Cheiljedang to set up food production plant in South Dakota

South Korea's food and beverage giant CJ CheilJedang Corp. will establish a food production plant that makes mandu in the 560,000 square meters of l...

K-startup products sweep CES 2021 innovation awards honors

A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...

Ssangyong Motor to briefly halt production at main plant

South Korea’s Ssangyong Motor Co. is temporarily suspending production at its main plant due to disruptions of auto parts supplies from its co...

LG Electronics, Magna to launch $1 bn EV gear JV

LG Electronics Inc. and Magna International Inc. will form a $1 billion joint venture to build electric car components as the tech companies tap int...

Samsung Electronics unveils 110-inch premium MicroLED TV

Samsung Electronics Co. has unveiled a new 110-inch light-emitting diode (LED) TV as the South Korean tech giant aims to enhance its presence in the...

Samsung Electronics to raise image sensor output to overtake Sony

Samsung Electronics Co. is switching one of its DRAM chip fabrication lines to boost production of image sensors used in smartphones and other gadge...

Samsung Electronics buys land in Austin, eyes foundry expansion

Samsung Electronics Co. has purchased a giant lot of land in Austin, Texas, where its US chip plant is located, raising expectations that the compan...

Investors set sights on value stocks as LG Electronics’ shares soar

With South Korea’s stock market indexes at or near all-time highs, finding bargains in the market is a daunting task.Growth stocks such as bat...

Samsung Electronics hits record-high global TV market share in Q3

Samsung Electronics Co.’s global TV market share rose to record levels in the third quarter in value terms, boosted by large-size organic ligh...

LG Electronics posts record-high Q3 sales, operating profit

LG Electronics Inc.’s quarterly operating profit and sales surged thanks to solid growth in its television and home appliance segments and small...

LG Electronics launches world’s first roll-up TV

LG Electronics Inc. has unveiled the world’s first roll-up TV in the Korean market as the South Korean consumer electronics giant aims to enhanc...

Samsung Electronics embraces ESG for company assessment

South Korean companies are becoming more proactive in prioritizing environmental, social and governance (ESG) standards. In line with the ESG wave, Sa...

LG Electronics to launch world’s first roll-up TV in October

LG Electronics Inc. plans to release the world’s first roll-up TV later this month as the South Korean consumer electronics giant aims to enhanc...

LG Electronics expects record Q3 results on brisk home appliance, TV sales

LG Electronics Inc. expects its operating profit to rise to a quarterly record in the July-September period thanks to solid growth in its television a...

Korea rises as production hub for coronavirus treatments; darling of global pharmas

South Korea is emerging as a global production base for coronavirus vaccines and medicine thanks to its comprehensive production facilities alongside ...

Europe banks return to Korean brokerage market; target debt, alternative products

A growing asset size of South Korean institutional investors and soaring demand for overseas alternative assets have been prodding foreign banks, incl...

TEST Robots, AI replace human workers at Kia’s EV6 manufacturing factory

Electric vehiclesHyundaiMotor, Kia, TechKia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at...

Hyundai's first Saudi JV shipyard slated for 2023 completion

South Korea's Hyundai Heavy Industries Holdings Co. is scheduled to construct a large-scale shipyard for very large crude carriers (VLCCs) and a mar...

Hanmi Pharm subsidiary JVM to sell fully automated drug inspection machines in US

Hanmi Pharmaceutical said on Monday that it had signed an agreement with Euclid Medical Products, a company specializing in manufacturing drug dis...