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AutomobilesHyundai, Kia to reflect $2 bn quality costs in Q3 earnings
Hyundai Motor Co. and its affiliate Kia Corp., South Korea’s top two automakers, plan to reflect 2.9 trillion won ($2 bill...
Oct 18, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKorea's LG Chem buys Nasdaq-listed biotech firm AVEO for $566 mn
South Korea’s chemicals giant LG Chem Ltd. announced on Oct. 18 that it will acquire AVEO Pharmaceuticals Inc., a Nasdaq-l...
Oct 18, 2022 (Gmt+09:00)
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BatteriesPOSCO Chemical may clinch megadeal to supply cathode to Ford Motor
POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., is looking to forge a long-term contract to s...
Oct 18, 2022 (Gmt+09:00)
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Electric vehiclesHyundai Mobis supplies EV modules to Mercedes in US
South Korea’s top auto parts manufacturer Hyundai Mobis Co. has begun supplying key modules for Mercedes-Benz AG’s e...
Oct 18, 2022 (Gmt+09:00)
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Korean chipmakersSamsung, Qualcomm unveil industry’s fastest LPDDR5X DRAM chip
South Korean tech giant Samsung Electronics Co. said on Tuesday it has successfully proved the performance of its latest LPDDR5X...
Oct 18, 2022 (Gmt+09:00)
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Bio & PharmaMedipost to expand CDMO business with 10 new clean rooms in Korea
Medipost Co, a South Korean biotechnology company, is expanding its cell and gene therapy contract development and manufacturing...
Oct 18, 2022 (Gmt+09:00)