budget phone model
Scope
Date
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Automobiles
Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...
Apr 20, 2025 (Gmt+09:00)
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Central bank
BOK stands pat; rate cut likely within 3 months as economic growth slows
The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.75% on Thursday, with Governor Rhee Chang-yong warning that a surge in globa...
Apr 17, 2025 (Gmt+09:00)
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Economy
South Korea to boost aid for chipmakers to $23 billion, expanding extra budget
South Korea’s government is planning to increase support for chip makers to around $23 billion, proposing a bigger-than-expected supplementary...
Apr 16, 2025 (Gmt+09:00)
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Artificial intelligence
KT rolls out Thai-tailored large language model
South Korean telecom service provider KT Corp. has built a large language model (LLM) platform tailored for the Thai market in collaboration with Ja...
Apr 15, 2025 (Gmt+09:00)
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Automobiles
Kia to build North America-targeted electric pickup model
Kia Corp., South Korea’s second-largest carmaker, will build an electric pickup model tailored for North America to enter the world’s la...
Apr 09, 2025 (Gmt+09:00)
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IPOs
LG Electronics set for early-May Indian stock market debut
LG Electronics Inc. is set to list its wholly owned subsidiary in India on the country's stock exchange in early May, aiming to raise up to $1.5 bil...
Apr 06, 2025 (Gmt+09:00)
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Automobiles
Korea’s KG Mobility teams up with Chery to develop mid to large SUVs
KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...
Apr 02, 2025 (Gmt+09:00)
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Korean chipmakers
DB GlobalChip forays into mobile phone OLED driver chip market
DB GlobalChip Co., the chip design subsidiary of South Korea’s chip foundry company DB HiTek Co., has begun mass-producing organic light-emitt...
Apr 02, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix aims to lock in all 2026 HBM orders by mid-2025
SK Hynix Inc., the world’s largest supplier of high-bandwidth memory (HBM), aims to lock in orders for its entire 2026 HBM output by the end o...
Mar 27, 2025 (Gmt+09:00)
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Artificial intelligence
LG takes on Big Tech AI in reasoning with Exaone Deep
LG AI Research, the artificial intelligence (AI) research and development unit of South Korea's LG Group, has unveiled Exaone Deep, an open-source A...
Mar 18, 2025 (Gmt+09:00)
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Automobiles
Kia to release PV9 in 2029, retains CEO for 3 more years
Kia Corp. will release a new purpose-built vehicle (PBV) model every two years, with plans to launch the PV9 in 2029 and its first model, the PV5, t...
Mar 14, 2025 (Gmt+09:00)
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Automobiles
Kia to ramp up Seltos output to meet high global demand
Kia Corp. will expand production of its compact sport utility vehicle, the Seltos, after selling 310,000 units of the model across the globe, making...
Mar 13, 2025 (Gmt+09:00)
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Airlines
Sono Hospitality becomes new owner of Korean budget carrier T’way Air
South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...
Feb 27, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Korea Shipbuilding premieres nuclear-powered ship design
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), the parent of the world’s largest shipbuilder HD Hyundai Heavy Industries Co.,...
Feb 13, 2025 (Gmt+09:00)
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Artificial intelligence
LG, SNU team up to develop AI modeling for protein structure predictions
LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a ...
Feb 06, 2025 (Gmt+09:00)
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Electronics
Samsung Electronics' new Galaxy S25 smartphone: 'Perfect AI assistant'
SAN JOSE, Calif. – Last year, Samsung Electronics Co. scored a first-mover advantage with consumers by introducing the Galaxy S24 as an AI sma...
Jan 23, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor, Nvidia team up for AI development for future mobility
South Korea’s top automaker Hyundai Motor Group said on Friday that it has teamed up with Nvidia Corp. to accelerate the development of advanc...
Jan 10, 2025 (Gmt+09:00)
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Tech, Media & Telecom
China's Xiaomi establishes S.Korean branch
China's IT giant Xiaomi has entered the South Korean market. Xiaomi said on Monday it established its South Korean branch, Xiaomi Korea, and wi...
Jan 07, 2025 (Gmt+09:00)
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Business & Politics
Korea sharply cuts 2025 growth forecast, opens door for extra budget
South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...
Jan 02, 2025 (Gmt+09:00)
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Automobiles
Korean carmakers to bolster lineups with EVs, hydrogen models
Hyundai Motor Co. and other South Korean carmakers will release various types of new models ranging from hybrid sport utility vehicles (SUVs) and el...
Jan 02, 2025 (Gmt+09:00)
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Automobiles
Kia aims to reclaim Europe with EV2, keeps K4 output unchanged in Mexico
Kia Corp., South Korea’s second-largest carmaker, will start producing its entry-level electrified model EV2 from its plant in Slovakia next y...
Dec 23, 2024 (Gmt+09:00)
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Economy
Opposition-controlled Korean Parliament passes slashed $470 bn budget
South Korea's opposition-controlled National Assembly on Tuesday passed a government budget bill for 2025, slashed from the government's proposal am...
Dec 10, 2024 (Gmt+09:00)
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Airlines
Korean Air-Asiana merger to spur M&A among budget carriers
Korean Air Lines Co.'s anticipated acquisition of Asiana Airlines Inc. is expected to spur domestic budget carriers to seek mergers, with the two do...
Nov 29, 2024 (Gmt+09:00)
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Artificial intelligence
OpenAI, KDB to collaborate to enhance S.Korean AI ecosystem
The US-based OpenAI and Korea Development Bank (KDB) on Tuesday signed a memorandum of understanding (MOU) to support the development of South Kor...
Nov 26, 2024 (Gmt+09:00)
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Korean chipmakers
Tesla asks Samsung, SK Hynix to supply HBM4 chip samples
Samsung Electronics Co. and SK Hynix Inc. are said to each be developing a sixth-generation high-bandwidth memory (HBM4) chip prototype for Tesla In...
Nov 19, 2024 (Gmt+09:00)
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Automobiles
IONIQ 9, EV9 GT named most anticipated new vehicles in US
Hyundai Motor Co. 's IONIQ 9 and Kia Corp. 's EV9 GT were selected as America’s Most Anticipated New Vehicles 2025 by Newsweek. This is t...
Nov 14, 2024 (Gmt+09:00)
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Automobiles
Kia to supply PV5 to DHL Korea from 2026
Kia Corp., South Korea’s second-largest automaker, said on Thursday it signed a memorandum of understanding (MOU) to supply its purpose-built ...
Nov 14, 2024 (Gmt+09:00)
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Machinery
HD Hyundai Infracore wins diesel engine award in Italy
South Korea's HD Hyundai Infracore Co.'s new diesel engines were selected as the best diesel engines of the year in Italy.This marks the first time ...
Nov 11, 2024 (Gmt+09:00)
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Electric vehicles
Hybrids, EVs power Hyundai, Kia’s US auto sales in October
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 ...
Nov 04, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom launches PC version of A Dot
South Korea's SK Telecom Co. unveiled the multi-large language model (LLM) agent, the PC version of its AI personal assistant service "A. (A Dot)" o...
Oct 22, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand