Vehicle Component Solutions
Scope
Date
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Aerospace & Defense
Huneed, DTC to co-work for military radio equipment
South Korea's Huneed Technologies announced on Tuesday that it has signed a teaming agreement with the UK-based Codan Communications DTC. The two c...
Jan 31, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution's ESS division posts first-ever profit
LG Energy Solution Ltd.'s energy storage system (ESS) division posted its first-ever profit on the back of growing replacement demand and new constr...
Jan 30, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply $748 million worth of batteries to Japan’s Isuzu Motors
LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...
Jan 26, 2024 (Gmt+09:00)
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Electronics
LG to unveil commercial display solutions at ISE 2024
LG Electronics Inc. said on Friday it will unveil a cloud platform for business-to-business (B2B) customers of commercial displays at Integrated Sys...
Jan 26, 2024 (Gmt+09:00)
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Earnings
LG Electronics likely ahead of Whirlpool with record 2023 sales
LG Electronics Inc. is consolidating its lead over Whirlpool Corp. as the world’s top home appliances maker as the South Korean electronics ma...
Jan 26, 2024 (Gmt+09:00)
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Automobiles
Daedong Gear to supply $137mn EV parts to Hyundai
Daedong Gear Co., a powertrain subsidiary of South Korea’s Daedong Group, announced on Thursday that it has won a 183.6 billion won ($137 mill...
Jan 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, SK Enmove to join forces for next-generation vehicle refrigerants
Hyundai Motor Group and SK Enmove Co. on Thursday signed a memorandum of understanding to collaborate in developing refrigerants for next-generation...
Jan 25, 2024 (Gmt+09:00)
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Future mobility
Hyundai Motor units join hands for logistics solutions
Hyundai Motor Group’s autonomous driving technology arm 42dot Inc. has joined hands with its sister companies Hyundai Glovis Co. and Hyundai C...
Jan 24, 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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Shipping & Shipbuilding
HD Hyundai Marine Solution to enter ship cyber security
South Korea’s HD Hyundai Marine Solution announced on Monday that it has signed a memorandum of understanding (MOU) with the domestic security...
Jan 22, 2024 (Gmt+09:00)
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Pension funds
Korean military fund anchors $142 mn real estate fund
South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, is set to become an anchor investor in...
Jan 19, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia rank 4th in Europe with record 2023 sales
South Korea’s top automaker Hyundai Motor Group saw its vehicle sales in Europe rise to a fresh record high in 2023, driven by sport utility v...
Jan 18, 2024 (Gmt+09:00)
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Electronics
LG Innotek, AOE join hands to lead vehicle, XR camera module markets
South Korea’s major camera module maker LG Innotek Co. has joined hands with AOE Optronics Co., an automotive lens-making subsidiary of Taiwan...
Jan 18, 2024 (Gmt+09:00)
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Korean startups
Korean learning platform Elice raises $14.9mn from Vertex
Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transform into an artificial...
Jan 17, 2024 (Gmt+09:00)
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Future mobility
Hyundai Motor to launch advanced vehicle platform R&D division
South Korea’s top automaker Hyundai Motor Group will launch an advanced vehicle platform (AVP) research and development division, combining it...
Jan 16, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung, LG go head-to-head in AI components market
Samsung Electro-Mechanics Co. and LG Innotek Co., two major South Korean suppliers for Apple iPhones, are going head-to-head in the artificial intel...
Jan 16, 2024 (Gmt+09:00)
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Artificial intelligence
Lunit to supply AI image analysis solutions to Samsung Electronics
South Korean medical AI company Lunit has secured a significant partnership with tech giant Samsung Electronics Co., signing a three-year, $1.86 mil...
Jan 16, 2024 (Gmt+09:00)
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Automobiles
Tata Daewoo triumphs in global market with 40% export surge
South Korea's Tata Daewoo Commercial Vehicle Company (TDCV) achieved remarkable success last year by exporting 40% of its total sales, despite the g...
Jan 16, 2024 (Gmt+09:00)
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Electronics
Samsung unveils next-gen signage platform for B2B push
Samsung Electronics Co., the world’s top TV maker by sales, on Monday launched a next-generation signage operations platform to boost its pres...
Jan 15, 2024 (Gmt+09:00)
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Artificial intelligence
DeepBrain AI launches deepfake detection solution
South Korean AI startup DeepBrain AI announced on Friday that it released the country's first service-as-a-software (SaaS)-based deepfake detection ...
Jan 12, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Kia, Uber to jointly develop custom-tailored electric ride-hailing PBV
LAS VEGAS – South Korea’s second-largest automaker Kia Corp. has forged a partnership with Uber Technologies Inc. to jointly develop cus...
Jan 11, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Hyundai’s 42dot, Samsung to develop AI-powered SDV platform
LAS VEGAS – Hyundai Motor Group’s self-driving technology unit 42dot Inc. will develop an artificial intelligence-powered software-defin...
Jan 10, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Samsung, Harman move in lockstep to advance in-vehicle technology
LAS VEGAS – South Korea’s tech giant Samsung Electronics Co. and its wholly owned US subsidiary Harman International Industries Inc. hav...
Jan 10, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Kia to launch mid-sized purpose-built vehicle PV5 in 2025
Kia Corp., the No. 2 automaker in South Korea, is set to launch its first mid-sized purpose-built vehicle model (PBV) in 2025 and start a customized...
Jan 09, 2024 (Gmt+09:00)
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Earnings
LG Electronics posts record 2023 sales, Q4 profit misses forecasts
LG Electronics Inc. on Monday posted record-high 2023 revenue thanks to robust sales of home appliances and vehicle components, although its fourth-...
Jan 08, 2024 (Gmt+09:00)
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Automobiles
Kia EV9 named NACTOY 2024
Kia EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., was named “2024 Nort...
Jan 05, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia post record US sales in 2023, to rank 4th in US
South Korea’s Hyundai Motor Group saw its vehicle sales in the US rise to an all-time high in 2023, driven by its latest models of recreationa...
Jan 04, 2024 (Gmt+09:00)
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IPOs
DN Solutions seeks IPO at $3 bn enterprise value on Korea’s main bourse
DN Solutions Co., formerly Doosan Machine Tools Co., is seeking an initial public offering on South Korea’s main bourse, aiming to make a Kosp...
Jan 03, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
LG Display to unveil future mobility panels at CES
LG Display Co., the world’s leading organic light-emitting diode (OLED) panel maker, will unveil its next-generation automotive display produc...
Jan 02, 2024 (Gmt+09:00)
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Future mobility
42dot to lead Hyundai Group's in-vehicle software R&D
Hyundai Motor Group’s self-driving technology arm 42dot Inc. will absorb the electronics, infotainment and autonomous driving technology divis...
Dec 29, 2023 (Gmt+09:00)
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