world automotive output

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

LAS VEGAS – Samsung Electronics Co., the world’s largest memory chipmaker, plans to more than double its high bandwidth memory (HBM) chi...

LAS VEGAS -- LG Electronics Inc., the leading global home appliance maker, plans to spend more on capital expenditures, as well as research and deve...

South Korea’s Samsung C&T Corp. announced on Thursday that its JV with UEM Construction completed the construction of the world's second t...

SK On Co., an affiliate of South Korea’s SK Group, will work on the development of a large-size cylindrical battery with the 4680 form factor ...

In 2023, Korean-style fried chicken retained its crown as the most-loved Korean dish among global consumers, marking its fourth consecutive year a...

Samsung Electronics Co. seeks to rake in 11.5 trillion won ($8.8 billion) in operating profit from its semiconductor business this year, swiveling f...

South Korean auto parts maker Hyundai Mobis Co. said Thursday that 10 of its new technologies received or or are finalists for awards from external ...

South Korea's second-largest auto parts maker Hyundai Wia Corp. announced on Thursday that it will establish two subsidiary companies, "Movient" and...

South Korea's POSCO was ranked number one as the world’s most competitive steelmakers for 14 straight years by the global steel analytics Worl...

South Korea’s DL E&C Co. announced on Wednesday that 1915 Çanakkale Bridge in Türkiye, completed by the company, received th...

LG Electronics Inc. announced on Wednesday that it unveiled the 2024 model of the UltraGear gaming monitor, optimized for resolution and refresh r...

South Korea's game developing and publishing giant Krafton Inc. plans to introduce virtual characters using generative AI in the first-person shoote...

Hyundai Motor Co.'s premium brand Genesis announced on Wednesday that its luxury mid-sized electric sports utility vehicle (SUV) GV60 was selected a...

Global sales of NAND flash chips slightly grew in the third quarter as industry leaders such as Samsung Electronics Co. cut output, a report showed ...

South Korea’s Lotte Chilsung Beverage Co. announced on Tuesday that it partnered with the world's largest winery E&J Gallo to expand its...

Competition to acquire Songwon Industrial Co., one of the world’s top specialty chemicals makers, is heating up as the South Korean company an...

Danish energy company Orsted has secured exclusive rights to build South Korea’s largest offshore wind power complex in a project estimated at...

South Korea’s top auto parts maker Hyundai Mobis Co. said on Thursday it has developed an innovative premium display for vehicles – the ...

South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a drop in chip producti...

Dongkuk Coated Metal Co. (Dongkuk CM), a cold-rolled steel subsidiary of Dongkuk Steel Mill Co., announced on Wednesday that it has succeeded in dev...

Sodium-ion batteries (SIBs) are emerging as an alternative to lithium-ion batteries, currently dominating the rechargeable battery market for electr...

Hyundai Motor Group’s Executive Chairman Chung Euisun is firming his reputation as a leader in the global auto industry as he is once again re...

SK Nexilis Co. and Lotte Energy Materials Corp., South Korea’s two leading copper foil producers, have continued to reduce factory operation r...

Lotte Group is considering sprucing up the Lotte World Tower in Seoul, the tallest building in South Korea, to maintain its position as a landmark s...

Hyundai Motor Co. announced on Friday that its best-selling electric vehicle (EV) compact sports utility vehicle (SUV) Kona Electric received higher...

Samsung Electronics Co. is pushing forward with its goal of offering connected and customized services for 1.4 billion smartphones, TVs and home app...

LG Electronics Inc., the leading global home appliance maker, has actively separated new business organizations into independent in-house entities, ...

South Korea is more hopeful about a gradual recovery in the economy, driven largely by revived global demand for its mainstay export semiconductors,...

The world's first test driving hydrogen-electric tram succeeded in Ulsan, South Korea. According to Ulsan Metropolitan Government officials, th...