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Electric vehiclesHyundai Motor closes engine development divisionHyundai Motor Group, South Korea’s top automaker, will stop developing new internal combustion engines in order to acceler...
Dec 23, 2021 (Gmt+09:00)
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Business & PoliticsSK Group’s Chey rebuts FTC charges of unfair business practiceSouth Korea’s Fair Trade Commission has imposed a fine of 1.6 billion won ($1.3 million) on SK Group Chairman Chey Tae-won...
Dec 23, 2021 (Gmt+09:00)
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ElectronicsLG Display shares shine, reflecting metaverse hypeLG Display Co. ’s share price is continuing its upward trend, despite dampening LCD (liquid crystal display) panel prices....
Dec 23, 2021 (Gmt+09:00)
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Alternative investmentsIGIS acquires US multifamily property for $262 mnIGIS Asset Management Co., South Korea’s largest real estate asset manager, has purchased a multifamily asset in Alexand...
Dec 23, 2021 (Gmt+09:00)
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Mergers & AcquisitionsSK Hynix wins China’s approval for $9 billion Intel NAND acquisitionSK Hynix Inc. has received approval from China’s antitrust regulator for its $9 billion deal to acquire Intel Corp.’...
Dec 23, 2021 (Gmt+09:00)
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Food & BeverageKorea’s No.1 bakery franchise successfully settles in USParis Baguette, South Korea’s top bakery franchise, has successfully settled in the US market, paving the way to expand it...
Dec 23, 2021 (Gmt+09:00)
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Hyundai Motor to showcase gamut of mobility tech at CES 2022Come January, Hyundai Motor Co. will showcase the whole gamut of mobility technology at CES 2022.On Thursday, the automaker rele...
Dec 23, 2021 (Gmt+09:00)
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Carbon neutralityKEPCO to develop subsea transmission for ADNOCAbu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) awarded a $3.6 billion contract to a co...
Dec 23, 2021 (Gmt+09:00)