POSCO Chemical moves into activated carbon business

POSCO Chemical moves into activated carbon business

POSCO Chemical Co. will join hands with Dong-Suh Chemical Industries Co. Ltd. to move into the activated carbon business, an eco-friendly material f...

Webtoon company YLAB files preliminary listing review for Kosdaq

Webtoon company YLAB files preliminary listing review for Kosdaq

YLAB, a South Korean content company specializing in the production, distribution, and translation of webtoons, is moving to go public this year.Acc...

PIF, GIC to invest $964 mn in Korea's Kakao Entertainment

PIF, GIC to invest $964 mn in Korea's Kakao Entertainment

Saudi Arabia’s Public Investment Fund (PIF) and Singapore’s sovereign wealth fund GIC have agreed to invest a combined $964 million in K...

Powertrain maker Hyundai Transys set to post record-high 2022 revenue

Powertrain maker Hyundai Transys set to post record-high 2022 revenue

Hyundai Transys Co., a Hyundai Motor Group unit that makes powertrains and seats, said on Wednesday that it is estimated to have achieved record-hig...

SK Ecoplant looks to enter US battery recycling business: CEO

SK Ecoplant looks to enter US battery recycling business: CEO

SK Ecoplant Co., a South Korean construction engineering company, will enter the US battery recycling business by investing in promising startups, C...

Kia extends official sponsorship of Australian Open until 2028

Kia extends official sponsorship of Australian Open until 2028

Kia Corp. said that it would extend its sponsorship of the Australian Open, one of the world's four major tennis tournaments, until 2028.   ...

Korea’s secondhand car market cools amid elevated interest rates

Korea’s secondhand car market cools amid elevated interest rates

South Korea’s secondhand car market is cooling rapidly as both dealers and buyers are reeling from elevated interest rates, which also bode il...

Japanese carmaker adopts metal-replacing plastic from LG Chem

Japanese carmaker adopts metal-replacing plastic from LG Chem

A new engineering plastic made of the compound material LUCON TX5007 and developed by South Korea's LG Chem Ltd. has been applied to the front fende...

Ford in talks with LG Energy for Turkey EV battery plant

Ford in talks with LG Energy for Turkey EV battery plant

Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...

LG Energy posts largest-ever profit led by US JV with GM

LG Energy posts largest-ever profit led by US JV with GM

South Korean battery maker LG Energy Solution Ltd. posted its largest-ever profit in 2022, driven by strong sales after its US joint venture with Ge...

Korea's SK On scraps $3.2 bn Turkey EV battery factory plan

Korea's SK On scraps $3.2 bn Turkey EV battery factory plan

SK On Co., the world’s No. 5 electric vehicle battery maker, dropped a plan to build a 4 trillion won ($3.2 billion) plant in Turkey as higher...

Samsung, Harman unveil in-vehicle driver alert system

Samsung, Harman unveil in-vehicle driver alert system

When a driver feels drowsy and his eyelids start slipping, a red light flickers on his dashboard with a warning sound.That’s the key feature o...

Diverging lithium, nickel prices unnerve Korean battery makers

Diverging lithium, nickel prices unnerve Korean battery makers

The prices of lithium and nickel, key minerals for electric vehicle batteries, have been diverging since late last year, which is set to further wid...

Hyundai, Kia beat Honda to rank 5th in US market

Hyundai, Kia beat Honda to rank 5th in US market

Hyundai Motor Co. and Kia Corp. kept their fifth place in sales in the US market for the second consecutive year. Despite production setbacks due to...

Daewoong, Onchorus to undertake research on mRNA anticancer drugs

Daewoong, Onchorus to undertake research on mRNA anticancer drugs

Daewoong Pharmaceutical said on Thursday that it has signed a joint R&D and commercialization agreement with America's biopharmaceutical venture...

Hyundai, BYD, Polestar adopt Nvidia’s cloud gaming service

Hyundai, BYD, Polestar adopt Nvidia’s cloud gaming service

Nvidia Corp., a US technology company, said on Tuesday that its cloud-based gaming service GeForce NOW was adopted for cars produced by the Hyundai ...

Hyundai’s Supernal, Microsoft to collaborate on UAM projects

Hyundai’s Supernal, Microsoft to collaborate on UAM projects

Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., and US tech giant Microsoft Corp. have agreed...

LG Elec, Magna expand partnership into self-driving tech

LG Elec, Magna expand partnership into self-driving tech

LAS VEGAS – LG Electronics Inc., the world’s top home appliance producer, expanded its partnership with Canadian car parts maker Magna I...

Lotte Chemical to take part in CES for first time

Lotte Chemical to take part in CES for first time

South Korea's Lotte Chemical Corp. for the first time will take part this month in CES, the world's largest information technology and home applianc...

Sejong kicks off private 5G business for exclusive use for industrial safety

Sejong kicks off private 5G business for exclusive use for industrial safety

Sejong Telecom, Inc. a mid-sized facilities-based telecommunications business and ICT platform company in South Korea, will launch a private 5G bu...

Silvia Health attracts investment through pre-Series A funding

Silvia Health attracts investment through pre-Series A funding

Silvia Health Inc., an age-tech startup based in Seoul, South Korea said on Monday that it has completed a pre-Series A investment with the particip...

Document tool company Business Canvas secures Series A2 round

Document tool company Business Canvas secures Series A2 round

Business Canvas, a South Korean SaaS (software as a service) startup that services the global document tool "Typed," announced on Tuesday that it ha...

Hyundai Motor to boost EV leasing in US for tax credits from 2023

Hyundai Motor to boost EV leasing in US for tax credits from 2023

South Korean electric vehicles for lease are forecast to receive US tax credits under the Inflation Reduction Act (IRA) as new guidelines of the law...

Hilton Seoul to close business for redevelopment project

Hilton Seoul to close business for redevelopment project

Millennium Hilton Seoul, founded in 1983, will close down for business on Dec. 31 due to redevelopment plans for the property.The five-star hotel ...

Hyundai Electric to switch to 100% renewable energy by 2040

Hyundai Electric to switch to 100% renewable energy by 2040

Hyundai Electric, a power equipment and energy solution affiliate of HD Hyundai, said on Thursday it would convert 100% of the electricity used at a...

Samsung Elec to release new Galaxy Book2 Pro 360 laptop

Samsung Elec to release new Galaxy Book2 Pro 360 laptop

South Korea's electronics giant Samsung Electronics Co. will release its latest premium laptop model, Galaxy Book2 Pro 360, on Jan. 16, the company ...

M2N to sell 52% stake in Chinese automotive parts company DKCA

M2N to sell 52% stake in Chinese automotive parts company DKCA

M2N( DK D&I Co. ), the parent company of pharmaceutical firm Sillajen Inc., announced on Tuesday that it has signed an agreement to sell its maj...

GI Cell wins approval for human cell management from Korean regulator

GI Cell wins approval for human cell management from Korean regulator

GI Cell, a South Korean developer of immune cell therapy products, received a human cell and others management license from South Korean regulatory,...

Hyundai Rotem's new braking technology acquires green certification

Hyundai Rotem's new braking technology acquires green certification

Hyundai Rotem, a South Korean railway rolling stock supplier under Hyundai Motor Group, acquired a green certification for its zero-speed regenerati...

Hyundai Mobis tests cutting-edge vehicle broadcast platform in North America

Hyundai Mobis tests cutting-edge vehicle broadcast platform in North America

South Korea's Hyundai Mobis, which developed the next-generation automotive broadcast system ATSC 3.0 in the US, has teamed up with Sinclair Broadca...

At home, K-convenience stores battle stagnation; abroad they are powerful food ambassador Deal graveyard: S.Korean F&B franchises left without takers LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries KPop Demon Hunters OST lands at No.6 on Billboard Hot 100 K-beauty craze sends Olive Young online sales to new heights