future mobility concept seat
Scope
Date
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Markets
Kakao shares sink on SK Telecom’s stake sell-off news
Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platfo...
Apr 25, 2025 (Gmt+09:00)
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Batteries
POSCO Future M to make spherical graphite as it cuts dependence on China
POSCO Future M Co., South Korea’s leading battery materials maker, is set to manufacture spherical graphite – a critical material for ba...
Apr 23, 2025 (Gmt+09:00)
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Automobiles
Genesis premieres premium electric off-road SUV X Gran Equator Concept
NEW YORK – Genesis, the luxury brand of South Korea’s top automaker Hyundai Motor Co., has premiered its first electric off-roader conce...
Apr 16, 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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Leadership & Management
Samsung mobile chief fills leadership void in device division
Samsung Electronics Co. has appointed TM Roh, president and head of its mobile eXperience (MX) business, as the new chief of its device eXperience (...
Apr 02, 2025 (Gmt+09:00)
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Korean games
Krafton buys India’s Nautilus Mobile, fueling IP race in Korean game scene
Krafton Inc., one of South Korea’s top four market-cap gaming firms, has taken over Indian game developer Nautilus Mobile for $14 million, upp...
Mar 30, 2025 (Gmt+09:00)
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Mergers & Acquisitions
VIG taps KDB financing to buy 40% stake in Kakao Mobility
South Korea’s private equity firm VIG Partners’ buyout of minority stakes in Kakao Mobility Corp., the nation’s most popular taxi-...
Mar 27, 2025 (Gmt+09:00)
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Leadership & Management
Samsung Chairman Lee meets with Xiaomi CEO Lei Jun for partnership
BEIJING – Samsung Electronics Co. Chairman Lee Jae-yong has met with Xiaomi Inc. Chief Executive Lei Jun in the Chinese capital, raising specu...
Mar 24, 2025 (Gmt+09:00)
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Corporate strategy
Hyundai chief Chung Euisun targets software-led car dominance by 2028
Hyundai Motor Group Chairman Chung Euisun has set an ambitious target to outpace Tesla Inc. in software-defined vehicle (SDV) technology by 2028, un...
Mar 19, 2025 (Gmt+09:00)
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Leadership & Management
Kakao founder Kim to resign as control tower chair
Kakao Corp. founder Kim Beom-soo, also known as Brian Kim, will step down as chairman of the South Korean tech giant’s top decision-making bod...
Mar 13, 2025 (Gmt+09:00)
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Games
Chinese games expand foothold in South Korea
Chinese games are making deep inroads into South Korea, increasing their presence in the mobile gaming market amid a lack of restrictions on foreign...
Mar 07, 2025 (Gmt+09:00)
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Korean startups
Hyundai Motor spins off 4 in-house startups in energy, AI, mobility
South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation a...
Mar 04, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor launches future strategy division overseeing M&As
Hyundai Motor Group has created a future business strategy division that serves as a control tower for the automotive group’s expansion into n...
Feb 16, 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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Corporate restructuring
POSCO seeks $1 bn restructuring amid weak steel, battery materials sectors
South Korea’s POSCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillion won ($1 billion) a...
Feb 04, 2025 (Gmt+09:00)
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Carbon neutrality
KG Mobility, Phinia to co-work for hydrogen engine
South Korea's automaker KG Mobility Corp. said on Thursday it partnered with the global car aftermarket solutions company Phinia to develop hydrogen...
Jan 16, 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
Hyundai Motor vows record investment of $16.7 bn in South Korea
Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...
Jan 09, 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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Robotics
Samsung joins humanoid robots race with larger stake in Rainbow Robotics
Samsung Electronics Co. has become the largest shareholder of Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant spen...
Dec 31, 2024 (Gmt+09:00)
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Fintech
Korea’s Naver Pay partners with WeChat Pay for mobile payments in China
South Korean tech giant Naver Corp. said on Tuesday it has partnered with WeChat Pay to offer a Naver Pay mobile pay and digital wallet service usin...
Dec 24, 2024 (Gmt+09:00)
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Foreign exchange
Korea to relax FX rules by December to boost dollar selling
South Korea will raise the limits on forward dollar purchases and expand the foreign exchange swap line between the National Pension Service (NPS) a...
Dec 23, 2024 (Gmt+09:00)
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Automobiles
S.Korea's personal mobilities firm GCoo enters Africa
South Korean personal mobility (PM) company Gbike, the operator of PM sharing service platform Gcoo, said on Wednesday it started the electric kick ...
Dec 18, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs
South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analys...
Dec 13, 2024 (Gmt+09:00)
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Steel
POSCO Future M develops technology to make electrode rods
POSCO Future M Co., a battery material and steel manufacturing equipment supplier, said on Thursday it has developed electrode rod manufacturing tec...
Dec 12, 2024 (Gmt+09:00)
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Private equity
Affinity to transform top Korean car rental firms into mobility service providers
Affinity Equity Partners aims to develop leading South Korean car rental companies into mobility service providers to create additional profitabilit...
Dec 10, 2024 (Gmt+09:00)
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Electronics
Samsung Electronics, LG Uplus to jointly develop ixi-O AI smartphone
South Korean tech giant Samsung Electronics Co. has joined forces with mobile carrier LG Uplus Corp. to unveil an AI smartphone embedded with a high...
Nov 21, 2024 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem to supply ground weapons to Peru
South Korea's Hyundai Rotem Co. said on Monday it signed an agreement with the Peruvian Army to supply K2 main battle tanks, armored vehicles, and o...
Nov 18, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Securities Vietnam launches mobile trading system
South Korea's Shinhan Securities said on Thursday its overseas subsidiary Shinhan Securities Vietnam (SSV) launched a mobile trading system (MTS) "N...
Nov 14, 2024 (Gmt+09:00)
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