Indonesian EV market
Scope
Date
~
-
Tech, Media & Telecom
One Store vows to crack Apple, Google-led app market with localization
One Store Co., South Korea’s homegrown app marketplace, will take on Apple Inc. and Google LLC in the global app market by offering tailored s...
Aug 28, 2024 (Gmt+09:00)
-
Automobiles
LG Innotek ups automotive electronics patents for future mobility
South Korea’s electronics parts maker LG Innotek Co. actively increased patents related to its new growth driver automotive electronics while ...
Aug 28, 2024 (Gmt+09:00)
-
Batteries
Samsung SDI, GM to build $3.5 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...
Aug 28, 2024 (Gmt+09:00)
-
IPOs
LG Electronics mulls Indian IPO, to invest in HVAC, webOS content: CEO
LG Electronics Inc., a leading South Korean home appliance maker, is considering an initial public offering of its Indian business to help achieve a...
Aug 27, 2024 (Gmt+09:00)
-
Banking & Finance
Kookmin to tighten loan limits to cool housing market
Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...
Aug 26, 2024 (Gmt+09:00)
-
Steel
Korea’s Husteel enjoys surging Saudi Steel Pipe stock prices
South Korean Husteel Co.'s long-term investments in Saudi Steel Pipe Co. are paying off as its share price surges on the back of deals with the king...
Aug 26, 2024 (Gmt+09:00)
-
Logistics
Hanjin to provide logistics services for S.Korean SMEs in Vietnam
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, signed a memorandum of understanding (MOU) with the Small Enterprise and Mark...
Aug 26, 2024 (Gmt+09:00)
-
Automobiles
Hyundai IONIQ 5 N named Car and Driver's 2024 top EV
South Korea's Hyundai Motor Co. said on Sunday that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as Car and Driver's presti...
Aug 26, 2024 (Gmt+09:00)
-
Automobiles
Genesis tops TXI for fourth consecutive year in US
Hyundai Motor Co.'s premium brand Genesis and Hyundai Motors ranked first in the J.D. Power 2024 US Tech Experience Index (TXI) Study.The American...
Aug 23, 2024 (Gmt+09:00)
-
Aerospace & Defense
Hanwha completes Australia plant for howitzers, armored vehicles
South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...
Aug 23, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung tops S.Korean smartphone market with 76% share
In the second quarter of this year, the market share of Samsung Electronics Co. in the South Korean smartphone market slightly increased, whil...
Aug 22, 2024 (Gmt+09:00)
-
Korean startups
Enormous market ahead for Hopae, S.Korean DID pioneer
To Hopae Inc., a digital identity solution-developing startup native to South Korea, its home market is small. After successfully accommodating more...
Aug 22, 2024 (Gmt+09:00)
-
Batteries
LG Energy looks to battery safety diagnosis software business
LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...
Aug 21, 2024 (Gmt+09:00)
-
Food & Beverage
Bibigo dumplings enters New Zealand food market
South Korea's CJ CheilJedang Corp. announced on Wednesday that it will launch Bibigo dumplings at supermarket chains New World and PAK’nSAVE i...
Aug 21, 2024 (Gmt+09:00)
-
Corporate strategy
Stock-rich KCC's shareholdings exceed its market cap
KCC Corp., a paint and glass maker but better known as a white knight for South Korean conglomerates, holds more than 4 trillion won ($3 billion) wo...
Aug 21, 2024 (Gmt+09:00)
-
Electric vehicles
After Mercedes Fire, EV Owners Want to Know What Battery They Have
SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...
Aug 21, 2024 (Gmt+09:00)
-
Electric vehicles
EV firefighting startup Lee Mobility gets seed round
South Korean startup Lee Mobility announced on Tuesday that it got a seed round investment from Bluepoint Partners, a domestic early-stage venture c...
Aug 21, 2024 (Gmt+09:00)
-
Economy
Korea’s household debt hits record high on mortage loans
South Korea’s household debt hit a record high in the second quarter as the domestic housing market started to recover and more consumers rush...
Aug 20, 2024 (Gmt+09:00)
-
Beauty & Cosmetics
Amorepacific's Hera enters Thai market
South Korea's Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera opened its first store on August 8 at Central Chi...
Aug 20, 2024 (Gmt+09:00)
-
Pension funds
CPPIB global private equity head Suyi Kim to leave
Suyi Kim, global private equity head at Canada Pension Plan Investments Board (CPPIB), is set to leave the world’s seventh-largest pension fun...
Aug 19, 2024 (Gmt+09:00)
-
Electronics
LG Electronics' Indian unit logs highest first-half sales
LG Electronics Inc., the world’s largest home appliances maker, raked in more than 2 trillion won ($1.5 billion) in first-half sales in India ...
Aug 18, 2024 (Gmt+09:00)
-
Banking & Finance
Samsung's financial arms beat No.1 banking group KB in profit
Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a thre...
Aug 16, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai, Kia to apply BMS to all EVs for fire prevention
Hyundai Motor Group, the world’s third-largest automaker, plans to install its battery management system (BMS) in all its electric vehicles to...
Aug 16, 2024 (Gmt+09:00)
-
Electronics
LG Elec hosts OLED TV media art exhibition in Vietnam
LG Electronics Inc. held a media art exhibition, "The Future Becomes Now," at the heart of Vietnam's bustling metropolis Lotte Mall Westlake Hanoi.A...
Aug 16, 2024 (Gmt+09:00)
-
Electric vehicles
Fire-plagued Mercedes uses Chinese cells for most EVs in S.Korea
Mercedes-Benz AG, a German luxury carmaker hit by an electric vehicle fire in South Korea, said most of its EV models in the country are equipped wi...
Aug 14, 2024 (Gmt+09:00)
-
Banking & Finance
Samsung’s Monimo set to disrupt Korea’s financial app market
Samsung Group, South Korea’s most powerful business group, is poised to crack the country’s financial app market — now crowded wit...
Aug 14, 2024 (Gmt+09:00)
-
Retail
7-Eleven ratchets up sports marketing to take on GS25, CU
7-Eleven, the third-largest convenience store chain in South Korea, is challenging its bigger rivals GS25 and CU, attracting customers with Hello Ki...
Aug 13, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70
South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a range extender, for pickup trucks and s...
Aug 13, 2024 (Gmt+09:00)
-
Earnings
Food giant CJ CheilJedang's profits rise for 3rd straight quarter
South Korean food giant CJ CheilJedang Corp.'s quarterly operating profit increased for the third consecutive quarter, reversing a decline in the th...
Aug 13, 2024 (Gmt+09:00)
-
Electric vehicles
Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea
Imported vehicle dealers in South Korea are offering deep price cuts amid the growing electric vehicle phobia following a Mercedes-Benz EV blaze tha...
Aug 12, 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