used car sales
Scope
Date
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Machinery
HD Hyundai Infracore uses AR to service Develon construction equipment
South Korea's construction equipment and engine maker HD Hyundai Infracore Co. on Wednesday said its new augmented reality (AR) guidance app easily ...
Jul 12, 2023 (Gmt+09:00)
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Batteries
POSCO sharply lifts 2030 battery materials sales targets
South Korea’s POSCO Holdings Inc. on Tuesday sharply revised up its sales targets for rechargeable battery materials as it is aiming to join t...
Jul 11, 2023 (Gmt+09:00)
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Korean chipmakers
Korea chip exports to rebound in Oct; car, cell exports to stay firm
South Korea expected overseas sales of semiconductors, the country’s top export item, to rebound from October while the auto, secondary batter...
Jul 11, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK Hynix eyes wastewater facilities sale for $770 mn
SK Hynix Inc. is in talks with its affiliate SK REIT Co. to sell the wastewater treatment facilities within its semiconductor campus in Icheon, Gyeo...
Jul 11, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics to expand smart factory deployment using cobot
Doosan Robotics, a robot solution subsidiary of South Korea's Doosan Group, said on Tuesday it has signed a memorandum of understanding (MOU) with d...
Jul 11, 2023 (Gmt+09:00)
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Steel
Hyundai Steel to open carbon-neutral steel lab by 2023
Hyundai Steel Co., a unit under South Korean auto giant Hyundai Motor Group, is set to kick off research on hydrogen-based steelmaking as its new la...
Jul 10, 2023 (Gmt+09:00)
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Electric vehicles
Korea tops US eco-friendly car import rankings despite IRA disadvantage
South Korea retained its top spot in exports of eco-friendly vehicles including electric cars to the US in the first quarter despite challenges pose...
Jul 10, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics creates global hit with new gaming monitor
Samsung Electronics Co. ’s new gaming monitor has received over 3,000 advance orders worldwide.The company on Monday said it began presale of ...
Jul 10, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung Biologics, Celltrion pledge major CO2 cuts
South Korea’s No. 1 biopharmaceutical company Samsung BioLogics Co. and No. 2 Celltrion Inc. produced higher CO2 emissions last year than in 2...
Jul 10, 2023 (Gmt+09:00)
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Automobiles
Hyundai Transys wins Red Dot Design Award
South Korean auto powertrain and seat maker Hyundai Transys announced on Monday that it has won the Winner prize at the "2023 Red Dot Design Award."...
Jul 10, 2023 (Gmt+09:00)
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Metaverse
LG Uplus to enter fashion metaverse
South Korea‘s LG Uplus Corp. has launched a fashion metaverse business, starting this month the clothing store Meta Slap, a digital service fo...
Jul 10, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor breaks out of 3-year slump in China
South Korea’s Hyundai Motor Co. has broken out of its slump in China, with its Chinese joint venture posting its first sales growth in four ye...
Jul 09, 2023 (Gmt+09:00)
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Economy
Korea logs current account surplus in May on brisk sales of goods
South Korea’s current account swung to the black in May from a deficit the prior month, thanks to a surplus in the goods account for the secon...
Jul 07, 2023 (Gmt+09:00)
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Electronics
LG Electronics sets up 1st global R&D center in Indonesia
South Korean home appliance giant LG Electronics Inc. opened its first overseas research and development center in Indonesia on Thursday to accelera...
Jul 06, 2023 (Gmt+09:00)
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Real estate
Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn
Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...
Jul 06, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai Wia completes flying drone interception test
Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that the first shooting trial of its anti-drone syst...
Jul 06, 2023 (Gmt+09:00)
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Retail
S.Korea's E-mart24 opens 3rd branch in Singapore
South Korea’s convenience store chain E-mart24 has opened its third store in Singapore featuring the city-state's hawker culture, aiming for l...
Jul 06, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Blackstone seeks medicine distributor sale for 1st Korea exit
Blackstone Inc. has embarked on the process of selling South Korea’s largest medicine wholesaler Geo-Young Corp., a deal estimated at up to $1...
Jul 05, 2023 (Gmt+09:00)
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Fashion
S.Korea’s best-selling premium fashion brand Time to go global
Handsome Corp., a fashion house of South Korea’s major retailer Hyundai Department Store Group, will launch The Time, an upmarket collection...
Jul 05, 2023 (Gmt+09:00)
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Batteries
SKC to invest $3.8 bn in secondary battery materials by 2025
South Korea's chemical material maker SKC will invest over 5 trillion won ($3.8 billion) in three sectors -- secondary batteries, semiconductors and...
Jul 05, 2023 (Gmt+09:00)
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Automobiles
Kia’s Gwangju auto plant gears up for 2nd heyday with EVs
GWANGJU, South Jeolla Province -- Kia Corp.'s plant in Gwangju, about 270 kilometers south of Seoul, bustled with workers and cars, including its be...
Jul 04, 2023 (Gmt+09:00)
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Retail
KGC unifies BI of red ginseng brand as JUNG KWAN JANG
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., will unify its red ginseng brand identity (BI) as JUNG KWAN JA...
Jul 03, 2023 (Gmt+09:00)
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Retail
Convenience store giant BGF Retail signs IPR deal with YG Plus
South Korea's BGF Retail, which runs the leading domestic convenience store chain CU, on Monday said it will sign a deal with YG Plus, which special...
Jul 03, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia set fresh H1 sales record in US, beating H1 2021
South Korea’s largest automaker Hyundai Motor Co. and its sister company Kia Corp. posted record first-half-year sales in the US this year, am...
Jul 03, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor’s IONIQ 6 shows off 3rd-longest driving range in US
The IONIQ 6, the first fully electric sedan by Hyundai Motor Co., has been named one of the top three distance champions in the US based on tests by...
Jul 02, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung SDI gets carbon footprint certification
South Korea's Samsung SDI Co., the sixth-largest electric vehicle cell maker globally, announced on Friday that it has become the first secondary ba...
Jun 30, 2023 (Gmt+09:00)
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Automobiles
Lotte Rental drops plan to enter Korea’s secondhand car sales market
Lotte Rental Co., South Korea’s largest car rental firm, has dropped its plan to enter the domestic used car sales market. Instead, it will st...
Jun 30, 2023 (Gmt+09:00)
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Artificial intelligence
KT, Samsung to cooperate in building S.Korean-style full stack AI
South Korea's KT Corp. and Samsung Electronics Co. will pool their capabilities to build domestically developed full stack artificial intelligence...
Jun 30, 2023 (Gmt+09:00)
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Future mobility
SK Telecom invests $100 mn in American UAM developer
South Korea's SK Telecom.Co has invested $100 million (131.6 billion won) in Joby Aviation, a Santa Cruz, California-based developer of urban air ...
Jun 30, 2023 (Gmt+09:00)
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Extension Notice of Share Sales in PT Bayan Resources Tbk
Extension Notice of Share Sales in PT Bayan Resources Tbk I. Overview of sale 1. As part of efforts to ensure a successful deal, we are extendin...
Jun 30, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 2 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 3 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 4 S.Korea eases path for foreign REITs in senior housing push
- 5 Koramco targets $7 bn bets on Korea data centers