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AutomobilesKorea's Hyundai Mobis bolsters its own chipmaking capabilities
Hyundai Mobis Co., South Korea’s largest auto parts maker, is aiming to produce the majority of its automotive semiconduct...
Jul 22, 2022 (Gmt+09:00)
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Korean chipmakersSamsung presents Texas with $200 bn chip investment plan proposition
Samsung Electronics Co., the world’s top memory chipmaker, has presented a tax break proposal to the State of Texas as par...
Jul 22, 2022 (Gmt+09:00)
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Korean startupsFive startups join the ranks of unicorns in the first half of this year
Five South Korean startups joined the ranks of unicorns in the first half of 2022, the largest such figure for six months. ...
Jul 22, 2022 (Gmt+09:00)
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EarningsKia posts record-high double-digit profit margin in second quarter
Kia Corp., South Korea’s largest automaker, said on Friday it posted its first-ever double-digit operating profit margin i...
Jul 22, 2022 (Gmt+09:00)
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AutomobilesLG Energy to double Ford battery pack production line in Poland
LG Energy Solution Ltd., SK Innovation Co., and other South Korean companies are poised to strengthen their business ties with M...
Jul 22, 2022 (Gmt+09:00)
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Hydrogen economyLotte Chem, Itochu join hands on hydrogen, ammonia biz
South Korea’s major petrochemical producer Lotte Chemical Corp. and a Japanese trading house Itochu Corp. joined forces fo...
Jul 22, 2022 (Gmt+09:00)
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AirlinesKorean Air, its white knight Naver close ranks in digital partnership
South Korea’s national flag carrier Korean Air Lines Co. and online platform giant Naver Corp. are expanding their busines...
Jul 22, 2022 (Gmt+09:00)
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Real estateDevelopment will outperform in post-COVID era: Principal Real Estate
Real estate is in the global investor spotlight amid skyrocketing inflation. However, not all property sectors or locations will...
Jul 22, 2022 (Gmt+09:00)
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COVID-19Ildong mulls seeking COVID-19 pill approval from Korea first
Ildong Pharmaceutical Co., a South Korean drugmaker, considers seeking approval for a COVID-19 anti-viral pill from the country ...
Jul 22, 2022 (Gmt+09:00)
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Aerospace & DefenseKAI targets to sell 1,000 units of FA-50 light attack aircraft worth $30 billion
Korea Aerospace Industries Ltd., South Korea’s sole military aircraft manufacturer, is seeking to sell 1,000 units of the ...
Jul 22, 2022 (Gmt+09:00)
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Food & BeverageShinsegae to launch wholly owned US subsidiary on alternative meat
Shinsegae Food Inc. announced Thursday it will launch its US subsidiary focused on alternative meat. The food arm of Shinse...
Jul 22, 2022 (Gmt+09:00)