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Electric vehiclesLG Energy, Honda to form JV for EV battery production in the US
LG Energy Solution Ltd. announced on Monday that it reached an agreement with Honda Motor Co. to establish a joint venture compa...
Aug 29, 2022 (Gmt+09:00)
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Electric vehiclesHyundai asks US state of Georgia for more incentives
Hyundai Motor Co. discussed additional incentives on its planned electric vehicle plant in Georgia with the US state's governmen...
Aug 29, 2022 (Gmt+09:00)
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Shareholder activismHanjin Group management rights feud resolved with aid of LX Group
LX Pantos, an LX Group affiliate, has acquired a 3.86% stake in Hanjin KAL Corp., the holding company of Hanjin Group.The LX Gro...
Aug 29, 2022 (Gmt+09:00)
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ElectronicsLG Electronics to debut world’s largest 97-inch OLED TV at IFA 2022
LG Electronics Inc. will unveil the world’s largest 97-inch organic light-emitting diode TV at the upcoming electronics sh...
Aug 29, 2022 (Gmt+09:00)
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Central bankBOK chief: S.Korea won't keep pace with Fed’s interest rate hikes
JACKSON HOLE, Wyo. -- The Bank of Korea plans to raise interest rates until inflation falls to its target level but won't keep p...
Aug 29, 2022 (Gmt+09:00)
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Leadership & ManagementHanwha's heir apparent promoted as group's vice chair
South Korea’s Hanwha Group promoted its petrochemical and energy unit Hanwha Solutions Corp. CEO Kim Dong Kwan as the grou...
Aug 29, 2022 (Gmt+09:00)
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Carbon neutralityLotte Group to donate $10.4 mn to KAIST to build R&D, design centers
Lotte Corp. announced on Monday that it will donate 14 billion won ($10.4 million) to the prestigious Korea Advanced Institute o...
Aug 29, 2022 (Gmt+09:00)
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ElectronicsSamsung, LG boost use of recycled materials for electronics
South Korean tech giants Samsung and LG are increasing their amount of electronic products made from recycled materials. The com...
Aug 29, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKorea’s Iljin sticks to higher stake sale price than bid
Iljin Materials Co.’s sale process has reached a deadlock as its Chief Executive Heo Jae-Myeong is holding to its price to...
Aug 29, 2022 (Gmt+09:00)
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AutomobilesHyundai narrows Level 3 self-driving tech gap with Tesla to one year
South Korea’s top automaker Hyundai Motor Co. has narrowed its technology gap in Level 3 self-driving vehicles with Tesla ...
Aug 29, 2022 (Gmt+09:00)