Smart Factory 3.0

HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. failed to win a $7.3 billion deal to build frigates for the Australian Navy, industry sources a...

Hyundai Motor Group, the world’s third-largest automaker, saw a rebound in US auto sales last month thanks to surges in demand for its hybrid ...

The National Pension Service (NPS), South Korea’s largest institutional investor, has selected Koramco Asset Management Co. and Hana Alternati...

LG Electronics Inc. said on Wednesday it started selling its LG Smart Cottage, a compact, prefabricated modular home that utilizes its cutting-edge ...

Samsung SDI Co., the world’s sixth-largest battery maker, continues to grapple with dwindling battery demand from the electric vehicle industr...

South Korea’s leading rice cooker and small appliance maker Cuckoo Holdings Co. is said to be seeking to list its Malaysian unit in the Southe...

Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...

Hyundai Motor Co. on Thursday reported its worst quarterly profit margin for this year, despite delivering its highest-ever revenue for a third quar...

South Korea's Hana Card said on Tuesday it launched the first private label credit card (PLCC) product, the "MG+ Credit Card Primo Hana Card" of the...

South Korea's Hyundai AutoEver Corp. said on Tuesday that its Mobilgene Classic 2.0 software platform has become the first in South Korea to receive...

South Korea’s plant and machinery powerhouse Doosan Group will resume the merger of Doosan Bobcat Inc. and Doosan Robotics Inc. using a new me...

South Korea’s professional baseball league games enjoyed record-high attendance of more than 10 million this year thanks to the growing number...

South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp., the world’s No. 3 and No. 1 automakers, respectively, are teaming ...

South Korea's CJ OliveNetworks said on Thursday it secured a contract to build a smart factory of the nation's leading soju maker HiteJinro Co. in V...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest carmakers, are likely to face disruptions in local production as their auto parts s...

Hyundai Mobis Co., the world’s fifth-largest auto parts maker, agreed to invest some 350 billion won ($256.9 million) in building electric veh...

Paris Baguette opened its 600th overseas store in Toronto, Ontario, as the leading South Korean bakery brand is rapidly expanding its global busines...

South Korea’s central bank is open to more cuts in interest rates after its first rate reduction in more than four years on Friday but only in...

South Korea’s retail giant Shinsegae Group said on Thursday it has partnered with US media group Paramount Global on a 4.57 trillion won ($3.3...

Hyundai Motor Co.'s Indian subsidiary said on Wednesday it is set to launch its initial public offering, the largest listing in the country, next we...

Hyundai AutoEver Corp., Hyundai Motor Group’s software unit, is set to boost its automotive cybersecurity business by launching a new division...

SK Pharmteco, the contract development and manufacturing organization (CDMO) of South Korea's SK Inc., said on Tuesday that it plans to invest $260 ...

South Korea’s largest institutional investor, the National Pension Service (NPS), managing 1,150 trillion won ($870.6 billion) in assets, stru...

South Korea’s Hyundai Motor Group has joined forces with Samsung Electronics Co. to advance connected vehicle technology utilizing the tech gi...

Hyundai Motor Co. and Kia Corp. announced on Friday that they won a total of 12 awards, including three Gold Awards, at the 2024 International Desig...

Taihan Cable & Solution Co. said on Tuesday it has completed the first fiber optic cable factory in Kuwait, in a joint project with Rank General...

South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development and manufacturing organization (CDMO) market, the com...

South Korea’s leading electric vehicle cell materials producer EcoPro Group joined hands with the world’s second-largest precursor manuf...

Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the best electric vehicle (EV) by Kelley Blue Book, the US vehicle valuation and automotiv...

South Korea's LG Energy Solution Ltd. said on Friday that its company in company (CIC) AVEL has launched South Korea’s first distribution grid...