IAA Mobility 2023

South Korea’s consumer prices rose 3.6% this year, driven by the biggest jump in utility bills since 2010 and high inflation in agricultural p...

Hyundai Motor Co. ’s and Kia Corp. are undergoing a comprehensive restructuring of their research and development (R&D) organizations. Thi...

The number of foreign tourists visiting South Korea will exceed 10 million this year, according to the Korea Tourism Organization (KTO). Accordi...

Kakao Mobility Corp.’s ambition to go global has hit a roadbock after its parent group Kakao Corp. rejected its draft bid to buy Germany-based...

South Korea’s telecommunications companies, besieged by the onslaught of foreign over-the-top (OTT) players such as Netflix and YouTube, are g...

South Korea's shipbuilder Samsung Heavy Industries Co. announced on Tuesday that it has won a 310.8 billion won ($240 million) order for two very la...

South Korean aerospace and defense maker Hanwha Systems Co. is set to establish a military system to cope with small unmanned aerial vehicles (UAVs)...

Daedong Corp., South Korea’s leading tractor and farm machinery maker, said on Thursday it has teamed up with POSCO Holdings Inc., the parent ...

South Korea's seaweed (Gim) exports hit 1 trillion won ($770 million) in this year, the Ministry of Oceans and Fisheries announced on Wednesday. I...

South Korea’s DL E&C Co. announced on Wednesday that 1915 Çanakkale Bridge in Türkiye, completed by the company, received th...

Supernal LLC, the US-based urban air mobility (UAM) affiliate of Hyundai Motor Group, announced on Wednesday that it will participate in CES 2024 ne...

Coupang Inc., South Korea’s leading e-commerce platform, plans to acquire Farfetch Holdings, a London-based online retailer for luxury goods, ...

Back in the 1970s, when simply having a car was a status symbol in South Korea, a four-door passenger sedan was the car of choice. And Hyundai Motor...

South Korea’s top automaker Hyundai Motor Co. and the United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. have agreed to...

The global tour revenue of HYBE Co., home to BTS and Seventeen, reached 250 billion won ($190 million) over the year.According to Hybe on Tuesday, t...

Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eX...

POSCO International Corp., a South Korean general trading and energy exploration company, is expected to post its highest-ever profits this year tha...

GM Korea Co. said on Thursday its vehicle exports have surpassed 10 million units this year as of the end of November with shipments of 10,082,281 u...

LG Electronics Inc. announced on Thursday that it became the ninth member of the governing body of the Scalable Open Architecture for Embedded Edge ...

Two affiliates of Hyundai Motor Group, the world’s third-largest automaker by sales, ranked as the top South Korean exporters in the one-year ...

HD Hyundai has successfully secured a contract for building mega-sized ammonia carriers worth 557.4 billion won ($432.4 million). HD Korea Shipbuild...

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...

POSCORE, an in-house startup of South Korean steel giant POSCO Group, won the grand prize during an annual startup demo day hosted Wednesday by star...

Renault Korea Motors announced on Thursday that it has signed a memorandum of understanding (MOU) for future infotainment collaboration to provide d...

South Korea's Hyundai Motor Group announced on Thursday that Hyundai Motor Co.'s IONIQ 5 N electric vehicle has been named Car of the Year and Kia C...

The Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday the establishment of a South Korean pavilion at the upcoming SLUSH 2023, ...

Office vacancy rates in South Korea’s capital city of Seoul fell to their lowest level this year last month as people returned to work follo...

Mobility has evolved at an incredible pace over the years. But there’s one thing that hardly changes – the configuration of the drivetra...

LG Uplus Corp., a leading mobile carrier in South Korea, is accelerating its generative artificial intelligence business as a new growth driver amid...

Hyundai Motor Group’s Executive Chairman Chung Euisun is firming his reputation as a leader in the global auto industry as he is once again re...