Top 100 Global Auto Parts Suppliers
Scope
Date
~
-
Corporate strategy
Kia vows to drastically raise shareholder returns, hike EV, hybrid sales
Kia Corp., South Korea’s second-largest automaker, plans to drastically raise its shareholder return rates to bolster shareholder value. The c...
Dec 04, 2024 (Gmt+09:00)
-
Artificial intelligence
Bespin Global, Upstage to co-work on AI platform
South Korea's cloud solution provider Bespin Global said on Monday it signed with Upstage, the domestic artificial intelligence (AI) startup, to bui...
Dec 02, 2024 (Gmt+09:00)
-
Banking & Finance
KB Asset parts ways with Dragon Capital in Vietnam
South Korea's KB Asset Management Co. ended its delegated management agreement for public funds with Vietnam's largest asset management company, Dra...
Dec 02, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Rebellions · Sapeon Korea merger, the first domestic AI chip unicorn
Rebellions Inc., a South Korean artificial intelligence chip design startup, officially merged with Sapeon Korea to form the first domestic AI chi...
Dec 02, 2024 (Gmt+09:00)
-
Central bank
BOK makes 1st back-to-back rate cut since 2009 global crisis
South Korea’s central bank lowered interest rates for a second straight meeting on Thursday in a surprise move and left the door open for anot...
Nov 28, 2024 (Gmt+09:00)
-
Aerospace & Defense
S.Korea's HJ S&C eyes US Navy MRO market
HJ Shipbuilding & Construction Co. (HJ S&C) said on Wednesday it won a 124.7 billion won ($894 million) contract from the Defense Acquisit...
Nov 28, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
CJ ENM, SK Square invest $179 mn in Wavve ahead of merger with TVing
South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 billion won ($179 mi...
Nov 27, 2024 (Gmt+09:00)
-
Executive reshuffles
Samsung reshuffles top brass; Co-CEO to control memory business
Samsung Electronics Co., the world’s No. 1 memory chipmaker, reshuffled its leadership on Wednesday in a sweeping move as it faces an uph...
Nov 27, 2024 (Gmt+09:00)
-
Banking & Finance
Woori Bank to arrange $3.7 bn for Qatar desalination, power plant
South Korea's Woori Bank said on Tuesday it will arrange the Qatar Ras Abu Fontas desalination and power plant project, estimated to cost $3.7 billi...
Nov 26, 2024 (Gmt+09:00)
-
Korean startups
Global startup festival ComeUp to be held in December
The South Korean Ministry of SMEs and Startups announced on Monday that it will host the global startup festival ComeUp 2024 at COEX, Seoul on Decem...
Nov 25, 2024 (Gmt+09:00)
-
Entertainment
Disney Plus bets big on Korean content to boost global presence
SINGAPORE -- Disney Plus, a global over-the-top (OTT) platform, is expanding its lineup of original Korean titles, buoyed by the popularity of K-dra...
Nov 25, 2024 (Gmt+09:00)
-
K-pop
K-Pop group ATEEZ tops Billboard 200 for 2nd Time
K-pop group ATEEZ has claimed their second No. 1 spot on Billboard's main album chart, the Billboard 200, with their latest mini-album, Golden...
Nov 25, 2024 (Gmt+09:00)
-
Energy
LS Electric shares jump on $358mn HVDC transformer order news
LS Electric Co., a South Korean industrial energy facility and systems supplier, is expected to sign a 500 billion won ($358 million) deal with a GE...
Nov 25, 2024 (Gmt+09:00)
-
Pension funds
NPS expects Korea’s WGBI inclusion to attract $56 billion in foreign funds
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, expects some ...
Nov 24, 2024 (Gmt+09:00)
-
Business & Politics
Hyundai's new CEO Munoz vows to proactively respond to Trump policy
LOS ANGELES – José Muñoz, the incoming chief executive of South Korea's top automaker Hyundai Motor Co., said on Thursday the co...
Nov 22, 2024 (Gmt+09:00)
-
Korean chipmakers
SKC’s US affiliate Absolics receives $100 million in US R&D grants
Absolics Inc., the US glass substrate affiliate of South Korean chemical materials company SKC Ltd., has been selected to receive up to $100 million...
Nov 22, 2024 (Gmt+09:00)
-
Electronics
Apple supplier LG Innotek to invest $268.4 mn in Vietnam in 2025
South Korea’s LG Innotek Co., a major contractor for Apple Inc., said on Thursday it plans to spend 375.9 billion won ($268.4 million) next ye...
Nov 22, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Samsung Heavy sails autonomous demonstration vessel
The South Korean Ministry of Trade, Industry and Energy announced on Thursday the launch ceremony for Samsung Heavy Industries' autonomous demonstra...
Nov 21, 2024 (Gmt+09:00)
-
Korean startups
Bering Lab eyes 7-fold jump in revenue in 5 years
Bering Lab Inc., a South Korea-based artificial intelligence technology-powered translation startup with specialties in legal, financial and intelle...
Nov 21, 2024 (Gmt+09:00)
-
Batteries
LG Chem signs deal to secure 100,000 tons of lithium from ExxonMobil
South Korea’s top chemicals maker LG Chem Ltd. said on Thursday it has signed an initial agreement to secure a key battery material from US mu...
Nov 21, 2024 (Gmt+09:00)
-
Real estate
Korean funds offer rescue financing for global offices
South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...
Nov 20, 2024 (Gmt+09:00)
-
Bio & Pharma
Samsung Biologics wins $668 million CDMO deal with European pharma
Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it has signed two drug manufacturing contracts worth a combin...
Nov 20, 2024 (Gmt+09:00)
-
Entertainment
TVing beefs up sports content, narrowing gap with Netflix
TVing, a South Korean over-the-top (OTT) platform, is beefing up its live sports programming and TV series featuring baseball players to catch up to...
Nov 20, 2024 (Gmt+09:00)
-
Electronics
LG Electronics rises to global prominence in HVAC segment, ranks fifth
LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of the world’s top five players in the heating, ventilati...
Nov 20, 2024 (Gmt+09:00)
-
Beauty & Cosmetics
Shilla Duty Free opens Guerlain Ultimate Boutique at Incheon Airport
South Korea's Shilla Duty Free Shop announced on Tuesday it opened the Guerlain Ultimate Boutique, the first flagship store in a global airport, at ...
Nov 19, 2024 (Gmt+09:00)
-
Corporate strategy
Hyundai Mobis aims to expand non-captive sales to 40% as it goes global
South Korea’s top auto parts maker Hyundai Mobis Co. on Tuesday said it aims to boost non-Hyundai Motor Group affiliate sales to 40% of its to...
Nov 19, 2024 (Gmt+09:00)
-
Beauty & Cosmetics
L’Oréal opens SkinCeuticals second global store in S.Korea
L’Oréal Group, the world’s largest beauty company, said on Monday it opened its second global SkinCeuticals store at Lotte Depart...
Nov 19, 2024 (Gmt+09:00)
-
Aerospace & Defense
Alux's export contracts with US, Japan top $5 million
South Korean drone maker Alux Co. said on Monday its cumulative export contracts with the US and Japan have surpassed 7 billion won ($5 million). Th...
Nov 18, 2024 (Gmt+09:00)
-
Bio & Pharma
Korea’s Lunit in AI-powered lung cancer diagnostics deal with AstraZeneca
Lunit Inc., a South Korean AI-powered cancer diagnostics company, has partnered with global biopharma giant AstraZeneca plc. to jointly enter the AI...
Nov 18, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Team Naver unveils digital twin platform in Saudi Arabia
Naver Cloud, the cloud subsidiary of South Korean online giant Naver Corp., said on Friday that Team Naver participated in the Cityscape Global 2024...
Nov 15, 2024 (Gmt+09:00)
Latest News
- 1 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up
- 2 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 3 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google