Genesis Motor China
Scope
Date
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Beauty & Cosmetics
Korean beauty brands show signs of turnaround in China
South Korean cosmetics brands are showing signs of a turnaround in China, with their sales in the neighboring country recovering from the slump over...
May 17, 2024 (Gmt+09:00)
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Logistics
Korea’s LX Pantos, China’s Sinotrans agree to launch logistics JV
LX Pantos Co., the logistics unit of South Korea’s LX Group, said on Thursday it will launch a multimodal transport joint venture with Sinotra...
May 16, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai’s first full-size electric Genesis GV90 to roll out in late 2025
The Genesis, Hyundai Motor Co.'s standalone premium brand, will launch its first full-size electric sport utility vehicle, the GV90, late next ...
May 16, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor workers at Alabama plant may move to join UAW
South Korea’s top automaker Hyundai Motor Co. may see labor challenges at its plant in Montgomery, Alabama as its US manufacturing workers are...
May 14, 2024 (Gmt+09:00)
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Automobiles
Hyundai beats Volkswagen with world's 2nd-largest Q1 profits
South Korea's Hyundai Motor Group surpassed Volkswagen Group to claim the second-highest operating profit in the global automotive industry for the ...
May 13, 2024 (Gmt+09:00)
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The KED View
Japan’s heavy hand with Naver: Uneasy sign for market economy
Recent actions by the Japanese government and chief executives of LY Corp. and SoftBank Corp. are raising eyebrows, leading many to question whether...
May 10, 2024 (Gmt+09:00)
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Business & Politics
South Korea Plans $7 Billion Push to Pivot EV Battery Industry Away From China
South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade gu...
May 10, 2024 (Gmt+09:00)
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Retail
Shilla Duty Free to co-work with China's largest lifestyle info platforms
South Korea's Shilla Duty Free Shop announced on Thursday that it partnered with Meituan and Dazhong Dianping, China's largest travel and lifestyle ...
May 09, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix to sell 50% stake in Wuxi foundry unit to Chinese firm
SK Hynix Inc. will sell nearly a half stake in its foundry unit in China to a Chinese state-run enterprise for $349.3 million in a bid to expand its...
May 09, 2024 (Gmt+09:00)
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Automobiles
Genesis beats BMW to rival Mercedes in Korea's premium segment
In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, ...
May 07, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group has most IIHS ROP top safety pick cars
Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...
May 03, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia US car sales dip in April; EVs outperform
Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...
May 02, 2024 (Gmt+09:00)
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Electronics
Samsung holds Odyssey event with T1 in Chengdu
Samsung Electronics Co. announced on Monday that it held an Odyssey gaming monitor experience event with the T1, the top-tier League of Legends team...
Apr 29, 2024 (Gmt+09:00)
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Bio & Pharma
Korean botox sales gain momentum in US, China
South Korea is ramping up exports of botulinum toxin to the US and China, the world’s two top consumers of the neurotoxin protein, with its pr...
Apr 29, 2024 (Gmt+09:00)
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Automobiles
Genesis unveils GV70 facelift ahead of Korean debut in May
Hyundai Motor Co.'s premium brand Genesis on Friday unveiled the GV70 facelift as the leading South Korean automaker plans to launch the luxury mids...
Apr 26, 2024 (Gmt+09:00)
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Retail
Korea’s Lotte sells Lotte Glory Properties Shenyang amid US-China dispute
South Korea’s retail giant Lotte Group has signed a deal to sell a theme park project in Shenyang, China – its latest move to pull out o...
Apr 26, 2024 (Gmt+09:00)
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Airlines
Korean Air to launch Incheon-Macau route in July
Korean Air Lines Co., the leading full-service airline in South Korea, announced on Friday that it will launch flights on the Incheon-Macau route st...
Apr 26, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor ties up with CATL to reinvigorate China market with EVs
BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, has joined hands with Contemporary Amperex Technology Co. (CATL), the leading global...
Apr 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor's Chung visits India amid talks of Indian arm's IPO
Hyundai Motor Group Chairman and Chief Executive Chung Euisun visited the headquarters of the group’s Indian operations earlier this week and ...
Apr 25, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung launches Galaxy C55 5G in China
Samsung Electronics Co. has launched the Galaxy C55 5G, a budget-friendly smartphone series designed specifically for the Chinese market, marking th...
Apr 25, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant
South Korea’s top automaker Hyundai Motor Group said on Monday it has signed a 15-year power purchase contract with a US solar energy generati...
Apr 22, 2024 (Gmt+09:00)
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Korean games
Korea’s Smilegate unveils new RPG Chaos Zero Nightmare
Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, on Monday unveiled a teaser for an upcoming role...
Apr 22, 2024 (Gmt+09:00)
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Automobiles
Kia to bring 1st hybrid variant of subcompact SUV Sonet to Japan, China
Kia Corp., South Korea’s second-largest automaker, plans to aggressively expand its hybrid vehicle lineup to subcompact SUVs amid slower-than-...
Apr 18, 2024 (Gmt+09:00)
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Banking & Finance
Foreign banks expand Korean operations amid China’s slowdown
Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their business in China, grapp...
Apr 18, 2024 (Gmt+09:00)
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Batteries
LG Chem, Korea Zinc JV to mass-produce EV battery materials
A joint venture between LG Chem Ltd. and Korea Zinc Inc. is slated to start the mass production of precursor, a key electric vehicle battery materia...
Apr 17, 2024 (Gmt+09:00)
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Automobiles
Hyundai’s Genesis: Vehicle evolution from comfort to driving fun
Hyundai Motor Co.'s premium brand Genesis, once derided as a Lexus copycat, is emerging as a breadwinner for the top South Korean automaker and a mo...
Apr 15, 2024 (Gmt+09:00)
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Food & Beverage
Korea’s Orion to ship bottled water to China to challenge Evian
Orion Holdings Corp., the holding company of South Korea’s confectionary and snack maker Orion Corp., is set to export bottled water to China,...
Apr 12, 2024 (Gmt+09:00)
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Electric vehicles
Kia to enter emerging markets with its latest EV5 made in China
Kia Corp., South Korea’s second-largest automaker, plans to enhance its presence in emerging markets with the EV5 compact SUV, the company&rsq...
Apr 10, 2024 (Gmt+09:00)
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Korean stock market
Korea’s 'Seven Tigers,' next hot stocks: Hyundai Motor Securities
Japan may have its Seven Samurai and the US its Magnificent Seven, but South Korea has "Seven Tiger" stocks thanks to the artificial intelligence ch...
Apr 09, 2024 (Gmt+09:00)
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K-pop
K-pop giants poised for rebound with new fandom, rookies
K-pop companies, led by HYBE Co. and SM Entertainment Co., are gearing up for a rebound from poor performances in the first quarter, with the releas...
Apr 09, 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