2024 IONIQ 6
Scope
Date
~
-
Food & Beverage
S.Korea's exports of snack exceed $700 mn mark in 2024
South Korea's confectionery exports from January to November last year increased 16.5% year over year surpassing $700 million for the first time, ac...
Jan 02, 2025 (Gmt+09:00)
-
Economy
Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
South Korea’s exports, the country’s main growth driver, reached an all-time high in 2024, buoyed by strong semiconductor exports and a ...
Jan 02, 2025 (Gmt+09:00)
-
Private equity
Premier Partners, Praxis Capital lead 2024 Korea PE fundraising
Premier Partners and Praxis Capital are on track to raise 1 trillion won ($680 million) in their respective funds after the two South Korean private...
Dec 31, 2024 (Gmt+09:00)
-
Korean startups
Imagoworks raises $15.6 mn in Series C funding
Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...
Dec 31, 2024 (Gmt+09:00)
-
Economy
South Korea jumps to world’s No. 6 exporter; 2025 outlook dims
South Korea has sharply narrowed the gap in export value with Japan to a record low of $20.2 billion so far this year. But the country’s expor...
Dec 29, 2024 (Gmt+09:00)
-
Korean startups
Korean startup M&As halve in 2024 with smaller deals
Mergers and acquisitions of South Korean startups halved in value in 2024 as conglomerates and Big Tech firms such as Naver Corp. and Kakao Corp. sn...
Dec 27, 2024 (Gmt+09:00)
-
Batteries
HD Hyundai Infracore to invest $79.6 mn in engine, battery pack
South Korea's HD Hyundai Infracore Co. said on Monday it signed a memorandum of understanding (MOU) with North Jeolla Special Self-Governing Provinc...
Dec 26, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
M&A deals in South Korea hit 7-year low in 2024
South Korea’s mergers and acquisitions market shrank further in 2024, with leading business groups seeking to unload non-core assets to bolste...
Dec 23, 2024 (Gmt+09:00)
-
Business & Politics
US finalizes $4.7 bn chip subsidy for Samsung before Trump takes office
WASHINGTON – The US finalized a $4.7 billion government subsidy for Samsung Electronics Co.'s planned microchip facilities in Texas about a mo...
Dec 22, 2024 (Gmt+09:00)
-
Energy
LG Energy wins 7.5GWh ESS project from Excelsior Energy in US
LG Energy Solution Ltd. has landed a deal with US renewable energy infrastructure fund Excelsior Energy Capital (Excelsior) to supply a 7.5-gigawatt...
Dec 20, 2024 (Gmt+09:00)
-
Energy
KEPCO expects all-time high $207 mn in 2024 overseas investment returns
Korea Electric Power Corp. (KEPCO), the state-run utility company, expects to post its highest-ever overseas business performance this year, thanks ...
Dec 20, 2024 (Gmt+09:00)
-
Bio & Pharma
Celltrion BioSolutions launched to venture into CDMO
Celltrion Inc. on Tuesday launched its contract development and manufacturing organization unit Celltrion BioSolutions Co. in its foray into the CDM...
Dec 17, 2024 (Gmt+09:00)
-
Corporate restructuring
NPS steps back from Doosan Robotics' Bobcat merger
The National Pension Service (NPS) appears to be stalling on a vote for Doosan Robotics Inc.'s merger with Doosan Bobcat Inc., with major proxy advi...
Dec 09, 2024 (Gmt+09:00)
-
Automobiles
Hyundai, Kia on course for record 2024 US sales, led by SUVs, hybrids
South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales surge in November, driven by large SUVs, hybrids and ...
Dec 04, 2024 (Gmt+09:00)
-
Shareholder value
Celltrion to retire $400 mn treasury stock in January
South Korea’s biosimilar maker Celltrion Inc. on Wednesday announced a plan to retire about a quarter of its treasury stock worth 563 billion ...
Dec 04, 2024 (Gmt+09:00)
-
Business & Politics
Hyundai's new CEO Munoz vows to proactively respond to Trump policy
LOS ANGELES – José Muñoz, the incoming chief executive of South Korea's top automaker Hyundai Motor Co., said on Thursday the co...
Nov 22, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai premieres IONIQ 9 to be made in US, Korea
LOS ANGELES -- Hyundai Motor Co. on Wednesday unveiled the IONIQ 9 with a plan to produce the leading South Korean automaker’s first large ele...
Nov 21, 2024 (Gmt+09:00)
-
Retail
US warehouse giant Costco outperforms peers in S.Korea
Membership fees couldn't keep cost-conscious South Korean consumers from rushing to Costco stores to buy big-box items at lower prices, leading the ...
Nov 19, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Naver Band surpasses 6 mn MAU in US
South Korea’s Naver Corp. said on Friday its group-based social media platform Band reached 6.04 million monthly active users (MAU) in the Uni...
Nov 15, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Team Naver unveils digital twin platform in Saudi Arabia
Naver Cloud, the cloud subsidiary of South Korean online giant Naver Corp., said on Friday that Team Naver participated in the Cityscape Global 2024...
Nov 15, 2024 (Gmt+09:00)
-
Automobiles
IONIQ 9, EV9 GT named most anticipated new vehicles in US
Hyundai Motor Co. 's IONIQ 9 and Kia Corp. 's EV9 GT were selected as America’s Most Anticipated New Vehicles 2025 by Newsweek. This is t...
Nov 14, 2024 (Gmt+09:00)
-
Beauty & Cosmetics
AmorePacific to rebalance China-heavy global business
AmorePacific Corp., South Korea’s No. 1 cosmetics group, will rebalance its China-heavy global business to focus on the US and Europe while lo...
Nov 13, 2024 (Gmt+09:00)
-
Electric vehicles
BYD to debut passenger EVs in South Korea in 2025
China’s electric vehicle giant BYD Co. will debut in the South Korean passenger car market next year with premium models in hopes of becoming ...
Nov 13, 2024 (Gmt+09:00)
-
Automobiles
Hyundai Motor unveils IONIQ 9 interior teaser
Hyundai Motor Co. unveiled a teaser image of the interior of its first large electric SUV, the IONIQ 9, on Wednesday.The IONIQ 9 is Hyundai’s ...
Nov 13, 2024 (Gmt+09:00)
-
Travel & Leisure
Paradise targets Taiwanese MICE market
Paradise Co., a South Korean casino operator, said on Tuesday it held the 2024 Paradise Taipei MICE (meetings, incentives, conferences, and exhibiti...
Nov 12, 2024 (Gmt+09:00)
-
Batteries
LG Energy to supply EV batteries to Rivian in $6.7 bn deal
LG Energy Solution Ltd., the world’s third-largest battery maker, is set to supply cells to Rivian Automotive Inc., a US electric vehicle manu...
Nov 08, 2024 (Gmt+09:00)
-
Companies
Hotel Shilla to open 16th Shilla Stay in Jeonju
South Korea’s Hotel Shilla, said on Thursday that it will open its 16th Shilla Stay hotel in Jeonju, North Jeolla Province, on December 10.&nb...
Nov 08, 2024 (Gmt+09:00)
-
Electronics
LG unveils AI-powered commercial washers, dryers in renewed B2B push
South Korean home appliances giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business (B2B) marke...
Nov 07, 2024 (Gmt+09:00)
-
Korean chipmakers
Nvidia asks SK Hynix to bring forward HBM4 supply by 6 months
Nvidia Corp.’s Chief Executive Jensen Huang has asked SK Group Chairman Chey Tae-won to supply 12-layer HBM4 chips, the most advanced AI chips...
Nov 04, 2024 (Gmt+09:00)
-
Economy
Korea’s export growth at 7-month low amid growing external risk
South Korea’s export growth slowed to a seven-month low in October despite strong shipments of semiconductors and automobiles, stoking concern...
Nov 01, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand