Kakao Mobility uses self-driving vehicles to transport cargo

Kakao Mobility uses self-driving vehicles to transport cargo

South Korea’s transportation company Kakao Mobility has launched a project in the nation's fourth-largest city of Daegu to transport people an...

S.Korean space rocket Nuri launch postponed due to technical issues

S.Korean space rocket Nuri launch postponed due to technical issues

The launch of South Korea's space rocket Nuri, scheduled for Wednesday afternoon, was postponed hours ahead of schedule."During the preparations for...

Hyundai, Kia team up with 11 universities for vehicle electrification

Hyundai, Kia team up with 11 universities for vehicle electrification

South Korean auto giant Hyundai Motor Co. and its sister company Kia Corp. are joining forces with leading South Korean universities to pioneer adva...

Korea’s L&F to build $609 mn EV battery precursor plant

Korea’s L&F to build $609 mn EV battery precursor plant

L&F Co., a major South Korean electric vehicle battery material maker, is set to spend up to 800 billion won ($608.8 million) on a factory in ...

Samsung Display buys US OLED microdisplay maker for $218 mn

Samsung Display buys US OLED microdisplay maker for $218 mn

South Korea's Samsung Display has bought American OLED microdisplay maker eMagin for $218 million (290 billion won).eMagin on Wednesday said Samsung...

Samsung to launch Galaxy A24 in S.Korea to target low-end market

Samsung to launch Galaxy A24 in S.Korea to target low-end market

Samsung Electronics Co. announced on Thursday that it will release the Galaxy A24, a budget phone model in the domestic market on Friday to targetin...

Samsung Display's QD-OLED wins SID award

Samsung Display's QD-OLED wins SID award

South Korea's Samsung Display announced on Wednesday that its quantum-dot organic light emitting diode (QD-OLED) product received "Displays of the Y...

S.Korea’s January-April car exports at record high of $23.2 bn

S.Korea’s January-April car exports at record high of $23.2 bn

In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...

Kolon Industries to expand high-value specialty petroleum products plant

Kolon Industries to expand high-value specialty petroleum products plant

Kolon Industries Inc., a leading industrial materials maker in South Korea, announced on Monday that it will invest 24 billion won ($17.94 million) ...

Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance

Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance

Samsung Group leader Lee Jay-yong has met with Tesla Inc. Chief Executive Elon Musk to discuss a tech alliance between the two companies in a variet...

LG Electronics' German affiliate gets partner for vehicle front development

LG Electronics' German affiliate gets partner for vehicle front development

ZKW Group of Germany, an automotive lighting and headlight affiliate of LG Electronics Inc., on Thursday said it signed a memorandum of understandin...

Kia, Kakao Mobility to jointly develop PBV for ride-hailing

Kia, Kakao Mobility to jointly develop PBV for ride-hailing

Kia Corp. and Kakao Mobility announced on Friday that they have signed the previous day a memorandum of understanding for the development of a purpo...

China’s BOE files patent lawsuits against Samsung

China’s BOE files patent lawsuits against Samsung

China’s BOE Technology has filed patent infringement lawsuits against Samsung Display Co., Samsung Display’s Chinese corporation and Sam...

Hyundai Motor drives software unit's Q1 sales higher

Hyundai Motor drives software unit's Q1 sales higher

Record-setting earnings at South Korea’s Hyundai Motor Group have driven its vehicle software platform’s sales sharply higher and painte...

Samsung to unveil new foldables in July to boost Q3 profit

Samsung to unveil new foldables in July to boost Q3 profit

Samsung Electronics Co. is set to unveil fifth-generation of its foldable smartphones at the end of July, about two weeks earlier than it had showca...

Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines

Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines

South Korea's automotive internet sales company Hyundai AutoEver and electrical equipment and automation specialist LS Electric Co. have adopted Ieu...

Kia to take pre-orders for electric SUV EV9

Kia to take pre-orders for electric SUV EV9

Kia Corp. announced on Wednesday that it will begin taking pre-orders for the "Kia EV9." The EV9 is Kia's second dedicated electric vehicle based on...

S.Korea, US agree on simplified EV charger export procedure

S.Korea, US agree on simplified EV charger export procedure

South Korean companies looking to export electric vehicle chargers to the United States can now receive local certification more conveniently within...

S.Korea’s car exports hit record high of $15.4 bn in Q1

S.Korea’s car exports hit record high of $15.4 bn in Q1

South Korea's car exports achieved their highest-ever record in the first quarter 2023, increasing by over 40% from a year ago, according to data fr...

Samsung unveils 89-inch Micro LED display in China

Samsung unveils 89-inch Micro LED display in China

Samsung Electronics Co. will launch its 89-inch Micro LED display in China for the first time at the "Appliance & Electronics World Expo 2023" (...

S.Korea’s IT parts makers reeling from sluggish smartphone, TV sales performance

S.Korea’s IT parts makers reeling from sluggish smartphone, TV sales performance

  South Korea’s major information technology parts makers like Samsung Electro-Mechanics, LG Innotek and LG Display Co. suffered huge dr...

HYBE bets big on AI; to unveil generative AI project in May: Chairman Bang

HYBE bets big on AI; to unveil generative AI project in May: Chairman Bang

HYBE Co. is set to wow the world again but this time with the much-hyped generative artificial intelligence technology as it plans to unveil an unpr...

Hyundai Motor, Kia invest $746.3 billion more in 42dot

Hyundai Motor, Kia invest $746.3 billion more in 42dot

Hyundai Motor Co. and Kia Corp. will inject 1 trillion won ($746.3 billion) of funds into 42dot, a self-driving vehicle subsidiary of Hyundai Moto...

Samsung Display to use waste glass in cement to erect new HQ

Samsung Display to use waste glass in cement to erect new HQ

South Korea's Samsung Display will use recycled cement using waste glass from the display production process to build a new headquarters.The company...

LG paves way for $82 bn OLED TV, panel sales milestone

LG paves way for $82 bn OLED TV, panel sales milestone

South Korea’s LG Display Co. is regarded as a pioneer in the organic light-emitting diode (OLED) market after it developed the world’s f...

Korean battery players LG, Samsung, SK sweep US EV tax credits

Korean battery players LG, Samsung, SK sweep US EV tax credits

It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...

Innocean to cooperate domestic EV charging company for marketing

Innocean to cooperate domestic EV charging company for marketing

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that it has signed a memorandum of understanding (MOU) with EV...

LG Electronics supports ESG certification for overseas suppliers

LG Electronics supports ESG certification for overseas suppliers

LG Electronics Inc. is accelerating its support for enhancing the environmental, social and governance (ESG) capabilities of domestic and overseas p...

Hyundai Mobis develops world’s first rollable vehicle display

Hyundai Mobis develops world’s first rollable vehicle display

Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...

LS Electric to display smart energy solutions in Germany

LS Electric to display smart energy solutions in Germany

LS Electric Co., South Korean manufacturer of power and industrial automation equipment, announced on Monday that it will participate in the Hannove...

Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial