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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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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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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
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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Business & Politics
Korea eyes laws akin to US AMPC to offer subsidies for its battery makers
South Korea, home to global top battery makers such as LG Energy Solution Ltd., SK On Co. and Samsung SDI Co., is seeking to enact laws that would l...
Mar 21, 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
Korean Air changes badge before full integration with Asiana Airlines
Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...
Mar 11, 2025 (Gmt+09:00)
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Korean chipmakers
Samsung’s system chip, foundry business under close scrutiny for overhaul
Samsung Electronics Co., the world’s largest memory chipmaker, has put its system chip and foundry businesses under tight scrutiny for a possi...
Mar 06, 2025 (Gmt+09:00)
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Korean chipmakers
TSMC’s potential deal with Intel keeps Samsung on edge
South Korea’s semiconductor industry is closely watching developments in talks between TSMC and Intel Corp. over the world’s largest con...
Feb 18, 2025 (Gmt+09:00)
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Private equity
Bain Capital acquires control of Mohegan's Korean resort
Private equity firm Bain Capital has acquired control of Mohegan Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in ...
Feb 18, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Shin & Kim’s Jeong Hae Sung named Korea’s most influential M&A lawyer
Jeong Hae Sung, a partner at Shin & Kim, topped the list of South Korea’s 10 most influential M&A lawyers after advising on a total of...
Feb 16, 2025 (Gmt+09:00)
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Leadership & Management
Former FSC chief Shin Je-yoon likely to be tapped as Samsung board chair
Shin Je-yoon, former chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), will likely assume the role o...
Feb 14, 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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Mergers & Acquisitions
S.Korea’s bagel sensation London Bagel Museum attracts multiple foreign investors
London Bagel Museum, which has ignited a bagel fad in South Korea, has drawn strong interest from multiple investors from abroad for its stake sale ...
Feb 09, 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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Tech, Media & Telecom
South Korea’s alternative data pioneer KED Aicel in full force
South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...
Feb 03, 2025 (Gmt+09:00)
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League table
Korean law firms' 2024 revenue soars on M&As, management disputes
South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown sparked business overhauls at top conglomerates, ...
Jan 31, 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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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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Airlines
Asiana Airlines joins Korean Air as subsidiary
Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of operation to be placed un...
Dec 12, 2024 (Gmt+09:00)
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Airlines
Korean Air gets EU approval for Asiana merger
The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...
Nov 29, 2024 (Gmt+09:00)
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Executive reshuffles
Samsung to replace chiefs of 3 key posts: Memory, foundry, system LSI
Samsung Electronics Co. plans to replace the three key posts of its semiconductor business — memory, foundry and system LSI — as the Sou...
Nov 26, 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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Electronics
LG to expand appliance subscriptions to India to speed up leasing business
LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...
Nov 14, 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