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AutomobilesHyundai to shift gear toward software-centric cars from 2023
Hyundai Motor Group will introduce software-defined vehicles (SDVs) that receive wireless software updates for models to be rele...
Oct 12, 2022 (Gmt+09:00)
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Electric vehiclesSK Signet to build $15 million EV charger plant in Texas
SK Signet Inc., a unit of South Korea’s second-largest conglomerate SK Group, said on Wednesday it will spend $15 million,...
Oct 12, 2022 (Gmt+09:00)
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EconomyS.Korea, Chile to jointly develop key EV battery materials
South Korea has joined hands with Chile in a move to cope with the US’ Inflation Reduction Act, as well as strengthen the ...
Oct 12, 2022 (Gmt+09:00)
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Korean chipmakersUS to allow Samsung, SK Hynix to import to China for 1 year
The Biden administration has decided to allow Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory ch...
Oct 12, 2022 (Gmt+09:00)
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BatteriesSK On in 10-year lithium deal with Australia’s Lake Resources
SK On Co., a leading South Korean battery maker, said on Wednesday it has signed a long-term contract to procure lithium, a key ...
Oct 12, 2022 (Gmt+09:00)
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PetrochemicalsHyundai unveils Korea’s first heavy-feed petrochemical plant
Hyundai Chemical Co. on Wednesday held an official ceremony of completion of South Korea’s first heavy-feed petrochemical ...
Oct 12, 2022 (Gmt+09:00)
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Central bankBOK takes another big step hike as weak won lifts prices
South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won cu...
Oct 12, 2022 (Gmt+09:00)
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Rights offeringsKB's Indonesian subsidiary to launch $551 mn rights issue
Bank KB Bukopin, South Korean bank KB Bank's Indonesian subsidiary, is set to raise capital by issuing 8.44 trillion rupiah ($55...
Oct 12, 2022 (Gmt+09:00)
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Korean startupsEdtech Onuii breaking barriers to private tutoring one tablet at a time
In an interview with The Korea Economic Daily, CEO of Onuii Go Yejin said she used to love contemplating a lot of random things ...
Oct 12, 2022 (Gmt+09:00)
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Korean chipmakersKLA to stop chip tool supply to customers in China: Report
US chip toolmaker KLA Corp. will cease offering some supplies and services from Wednesday to China-based customers including SK ...
Oct 12, 2022 (Gmt+09:00)