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Batteries
SK On seals $2.8 bn battery deal with Bezos-backed US EV start-up Slate
SK On Co., the battery subsidiary of South Korea’s energy conglomerate SK Group, has signed a supply agreement worth an estimated 4 trillion w...
Apr 25, 2025 (Gmt+09:00)
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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)
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Electric vehicles
Hyundai, Kia’s H1 vehicle sales in Singapore double
South Korea’s top automaker Hyundai Motor Group said on Sunday its vehicle sales in Singapore, a high-tech innovation hub, more than doubled i...
Oct 06, 2024 (Gmt+09:00)
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Energy
Doosan Enerbility defies doubters about homegrown gas turbines
Doosan Enerbility Co., a leading power plant engineering company in South Korea, has defied doubters about its gas turbines, the first produced at h...
Sep 24, 2024 (Gmt+09:00)
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Automobiles
Nexen Tire N'FERA Supreme surpasses 1 mn sales
South Korea’s Nexen Tire Corp. said on Sunday its premium high-performance all-season tire N’FERA Supreme has exceeded 1 million cumulat...
Sep 09, 2024 (Gmt+09:00)
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Automobiles
The new Kia K8: A high-tech, modern and innovative sedan
South Korea’s second-largest automaker Kia Corp. on Friday unveiled a new K8 large-size sedan, its first drastic facelift in three years.Kia, ...
Aug 09, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor unveils Genesis G90 Black
Hyundai Motor Co. announced on Thursday that its premium brand Genesis launched the Genesis G90 Black, the highest trim of its premium brand of Gene...
Mar 21, 2024 (Gmt+09:00)
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Automobiles
BMW unveils PHEV sedan New 530e in S.Korea
BMW Korea announced on Tuesday that it unveiled the plug-in hybrid (PHEV) sedan model The New 530e in the domestic market. According to BMW Kor...
Mar 05, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor Group in test run of dedicated EV plant in Korea
Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...
Feb 21, 2024 (Gmt+09:00)
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Construction
POSCO E&C develops solution for detecting wall cracks by drones
South Korea's POSCO E&C has developed a solution for apartment exterior wall maintenance using drones.The company announced on Tuesday that it h...
Jan 23, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor reveals facelift of G80 sedan
Hyundai Motor Co.'s premium brand Genesis released a facelift of its signature large sedan G80 on Tuesday. This car is the revamped third-generatio...
Dec 27, 2023 (Gmt+09:00)
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Automobiles
Grandeur regains Korean sedan crown after two-year hiatus
Hyundai Motor Co.'s Grandeur mid-to-large-sized sedan is poised to reclaim its crown as the best-selling Korean car in the domestic passenger car se...
Dec 22, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea, Japan seal 3-year $10 bn currency swap deal
South Korea and Japan on Friday revived their bilateral currency swap line to boost their dollar liquidity amid improved diplomatic relations.The tw...
Dec 01, 2023 (Gmt+09:00)
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Automobiles
Kia reveals facelift of midsize sedan K5
Kia Corp. unveils the new K5, a facelift model of its signature midsize sedan K5. This car is the revamped of third-generation K5, launched in 2019....
Nov 02, 2023 (Gmt+09:00)
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Construction
Samsung C&T to join Indonesia's smart city project
South Korea's Samsung C&T Corp. announced on Friday that it has signed a memorandum of understanding (MOU) with Indonesia's premier real estate ...
Oct 06, 2023 (Gmt+09:00)
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Energy
Hyundai Steel's offshore wind power plant gets int’l certification
South Korea’s Hyundai Steel on Wednesday said its Ulsan Factory 2 in the southern coastal city of Ulsan received certification as an offshore ...
Aug 31, 2023 (Gmt+09:00)
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Automobiles
Hyundai to boost Palisade, Tucson output at the cost of sedans
Hyundai Motor Co. is preparing to ramp up the production of its two popular SUV models Tucson and Palisade at its South Korea-based plants to meet g...
Aug 18, 2023 (Gmt+09:00)
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Chemical Industry
KCC boosts output of semiconductor-sealing material
South Korean chemical and auto parts maker KCC Corp. is expanding its production lines for the semiconductor-sealing material epoxy molding compound...
Jul 13, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung Biologics receives Terra Carta Seal
Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it was awarded the Sustainable Markets Initiative’s Ter...
Jan 11, 2023 (Gmt+09:00)
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Automobiles
11 Hyundai Motor Group products receive US' Good Design Awards
Hyundai Motor Group on Wednesday said 11 of its products won honors at this year's Good Design Awards of the US.The honors are jointly selected by t...
Jan 11, 2023 (Gmt+09:00)
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Automobiles
Genesis electrified G80 receives highest grade in IIHS crash test
Hyundai Motor Co. said on Wednesday that its G80 electric vehicle model received the highest rating of Top Safety Pick Plus (TSP+) in a crash test d...
Dec 21, 2022 (Gmt+09:00)
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Batteries
Leaders of Samsung, BMW discuss bolstering EV battery partnership
Samsung Electronics Chairman Jay Y. Lee met with the Chairman of the Management Board of BMW Group Oliver Zipse on Saturday to discuss ways to deepe...
Dec 18, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai’s IONIQ 6 travels faster, farther than Tesla Model Y, Mercedes EQS
BUSAN – Hyundai Motor Co. has launched the IONIQ 6, its first fully electric sedan, which it claims runs faster and boasts a longer range than...
Jul 14, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc buys US e-waste recycling firm for $332 mn
Korea Zinc, the world’s largest lead and zinc smelter, agreed to buy a majority stake in a US-based electronic waste recycling company for $33...
Jul 12, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai to debut IONIQ 6 in July to rival Tesla Model 3
Hyundai Motor Co. will unveil the much-anticipated IONIQ 6, its first all-electric sedan on an exclusive EV platform, in July, to compete with the l...
Feb 07, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Bain Capital seals 3rd beauty M&A deal in S.Korea
Bain Capital on Thursday agreed to buy a majority stake in South Korea's medical aesthetic device manufacturer Classys Inc. for 670 billion won ($56...
Jan 26, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to launch six EV models in India by 2028
South Korea's Hyundai Motor Co. will spend 40 billion rupees ($530 million) on research and development to launch six electric vehicle models in Ind...
Dec 08, 2021 (Gmt+09:00)
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Automobiles
Hyundai offers first peek of redesigned premium Genesis sedan G90
Hyundai Motor Co. on Tuesday unveiled exterior images of the new G90, a full model change version of the flagship sedan under its standalone premium...
Nov 30, 2021 (Gmt+09:00)
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Food & Beverage
Next K-wave in Asia: Convenience stores
When South Korean major convenience store chain CU opened its first branch in Malaysia on April 1, there was a queue of more than 100 meters to get ...
Oct 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
DL Chem seals $2.5 bn purchase of US chemical maker Kraton
DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion...
Sep 28, 2021 (Gmt+09:00)
Latest News
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- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google