Korea Aerospace Industries

Carmakers in South Korea are slated to unveil new electric vehicle models at cheaper prices next year to revive the sputtering EV market and also ro...

South Korean chemical and food company Samyang Corp. announced on Monday that it released new industrial water treatment materials Triraite Reverse ...

The central banks of South Korea and Indonesia agreed to facilitate the settlement of bilateral trade in their currencies from next year as the elec...

South Korea's LG Uplus Corp. announced on Monday that it formed a partnership with Toyota Motor Korea to expand electric vehicle (EV) charger infr...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, are set to export more than 2 million cars in 2023 for the first time i...

As with the launch of every new E-Class, the flagship model of luxury German car brand Mercedes-Benz, the phrase “evolution, not revolution&rd...

South Korea’s current account surplus hit a 19-month high in October as goods exports reported their first on-year growth in 14 months amid si...

The whiskey hype, which started during the COVID-19 pandemic, shows no sign of receding in South Korea, and the latest craze, mainly driven by affor...

South Korean game developer DevSisters Corp. announced on Friday that its globally popular mobile game “Cookie Run: Kingdom” will offici...

Hanwha Aerospace Co. has won a $2.4 billion armored vehicle supply deal to Australia, adding to expectations that the South Korean defense industry ...

Korea Zinc Inc., South Korea’s and the world’s largest lead and zinc smelter, will accelerate its drive to foster its new growth engines...

Korea Western Power Co. (KOWEPO) said on Thursday it signed a 400 billion won ($301.8 million) financing deal for a solar power generation project i...

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...

South Korea plans to prohibit small trucks with diesel engines from new registrations next year, increasing sales of liquefied petroleum gas-powered...

Samsung Electronics Co., the world’s largest smartphone maker by volume, is launching the Galaxy S23 FE series – its latest fan edition ...

The South Korean government plans to offer financial support to domestic companies when they import urea, a substance used in diesel vehicles and fe...

WASHINGTON, D.C. – South Korea and its closest neighbor Japan need to form an economic coalition, similar to the European Union (EU), to meet ...

South Korean shipbuilders slid to second place in new shipbuilding orders last month, yielding the top spot back to their Chinese rivals.According t...

South Korea’s top steelmaker POSCO started to construct an industrial gas production facility with a capacity of 250,000 tons at its seconda...

South Korea’s Fashion Group Hyungji and China’s largest clothing exporter Dishang Group signed a memorandum of understanding (MOU) to te...

South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerospace company Embraer&...

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is working to bolster its secondary battery manufacturing equipment business wi...

South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., were among foreign investors’ top picks on the country&...

The South Korean government said on Monday it will launch a tender offer to sell off a 29.3% stake, valued at around 4.7 trillion won ($3.6 billion)...

The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and BNP Paribas CIB have been reported to South Korean public prosecutors in violation of ...

Hanwha Aerospace Co. announced on Monday that it signed a $2.6 billion executive contract with the Polish State Armament Agency to export additional...

China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of a...

South Korean exports of semiconductors, the country’s top export item, rebounded in November, ending 15 months of declines and reinforcing exp...

South Korea and Japan on Friday revived their bilateral currency swap line to boost their dollar liquidity amid improved diplomatic relations.The tw...

Danish energy company Orsted has secured exclusive rights to build South Korea’s largest offshore wind power complex in a project estimated at...