driving efficiency

The Korean Teachers’ Credit Union (KTCU) achieved an 11.1% return on investments in 2024, with overseas portfolios in stocks, infrastructure a...

Hyundai Motor Group Chairman Chung Euisun has set an ambitious target to outpace Tesla Inc. in software-defined vehicle (SDV) technology by 2028, un...

The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...

LG Chem Ltd. is set to become the first South Korean company to mass-produce precursor-free cathode materials, designed for high- and mid-nickel bat...

LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a ...

SK and Lotte groups remain the focus for South Korean dealmakers as the two conglomerates accelerate restructuring by divesting non-core assets, a s...

South Korea's autonomous robot startup Neubility and Samsung C&T Corp. said on Wednesday that they began to offer door-to-door delivery in apa...

LG Energy Solution Ltd., the world’s third-largest battery maker, agreed to supply cylindrical products to Aptera Motors Corp., a US solar ele...

Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its business in the Asia Pa...

South Korea’s LG Uplus Corp. said on Tuesday it tested the All-Photonic Transport Network, a key technology designed to reduce power consumpti...

South Korean steel giant POSCO Holdings Inc. is seeking to sell its entire stake in a Chinese stainless steel joint venture as it faces growing comp...

RideFlux Inc., a South Korean autonomous driving technology startup, raised 26 billion won ($1.9 million) in a Series B funding round about four mon...

South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...

South Korea's Doosan Bobcat said on Friday that its construction equipment RogueX2 won the prize in the Design Concept category at the Red Dot Desig...

South Korea’s top automaker Hyundai Motor Co. said on Friday it has entered into a multi-year strategic partnership with Waymo LLC to jointly ...

South Korea’s energy-to-telecom conglomerate SK Group will hold an annual strategic meeting presided over by its Chairman Chey Tae-won from Oc...

German luxury carmaker Mercedes-Benz AG suffered a nosedive in EV sales in South Korea in August after a fire broke out in one of its electric vehic...

Samsung Electronics Co., the world’s top smartphone maker, has expressed interest in the mobile networks business of Nokia Oyj, a global telec...

Samsung Electronics Co. said on Wednesday that it launched a new side-by-side refrigerator, featuring enhanced artificial intelligence (AI) technolo...

South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...

Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...

South Korean beauty store chain CJ Olive Young said on Thursday that it has established the Olive Young Anseong Logistics Center in Anseong-si, Gyeo...

Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., reported a sharp decline in second-quarter earnings on Wednesday d...

Samsung Electronics Co., the world’s top memory chipmaker, has begun mass production of the industry’s thinnest low-power double data ra...

South Korea's Shinsegae Department Store announced on Wednesday that its off-price retail chain, Shinsegae Factory Store, will expand its global foo...

Colosseum Corporation Inc., a fulfillment startup based in South Korea, has set its sights on global conquest with its nationwide and international ...

Hyundai Motor Co. posted its strongest quarterly results in the second quarter, with brisk sales of high-margin models such as hybrid cars and sport...

South Korean manufacturers are increasingly moving abroad as the country's electricity bills are hovering about 30% higher than those of major eco...

South Korea is a fast-aging country, where one in every five people is 65 years old or older. But it is a different story for the country’s pr...

LG Electronics Inc. was named the top supplier by Germany's Volkswagen Group. According to industry sources on Thursday, LG Electronics received the...