self-driving
Scope
Date
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Pension funds
Global assets drive Korean teachers' fund to 11.1% return in 2024
The Korean Teachers’ Credit Union (KTCU) achieved an 11.1% return on investments in 2024, with overseas portfolios in stocks, infrastructure a...
Mar 26, 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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Real estate
Global real estate market poised for strong rebound: Savills
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...
Mar 12, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Seoul Private Equity seeks to buy Winia under court receivership
Seoul Private Equity has signed a conditional agreement to buy Winia Co., a home appliance manufacturer under court receivership, through a stalking...
Feb 19, 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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Mergers & Acquisitions
SK, Lotte's restructuring to drive Korea's M&A market in 2025
SK and Lotte groups remain the focus for South Korean dealmakers as the two conglomerates accelerate restructuring by divesting non-core assets, a s...
Jan 20, 2025 (Gmt+09:00)
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Robotics
Neubility, Samsung C&T offer robot delivery service
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...
Jan 15, 2025 (Gmt+09:00)
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Batteries
LG Energy to supply batteries to US solar EV startup Aptera for 7 years
LG Energy Solution Ltd., the world’s third-largest battery maker, agreed to supply cylindrical products to Aptera Motors Corp., a US solar ele...
Jan 10, 2025 (Gmt+09:00)
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Private equity
US private equity giant Apollo opens Seoul office for APAC expansion
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...
Nov 19, 2024 (Gmt+09:00)
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Corporate restructuring
Korean steel giant POSCO to sell Chinese JV PZSS amid US-China trade war
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...
Nov 08, 2024 (Gmt+09:00)
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Future mobility
Self-driving tech startup RideFlux raises $1.9 mn in Series B
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...
Oct 31, 2024 (Gmt+09:00)
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Logistics
Samsung SDS, Korea Air Force to cooperate on military logistics
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...
Oct 24, 2024 (Gmt+09:00)
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Future mobility
Hyundai Motor, Waymo forge multi-year, strategic partnership
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 ...
Oct 04, 2024 (Gmt+09:00)
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Leadership & Management
SK Group may beef up reform drive after CEO seminar
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...
Oct 03, 2024 (Gmt+09:00)
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Electric vehicles
Mercedes-Benz EV sales tumble in South Korea after fire
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...
Sep 05, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Will Samsung take over Nokia’s mobile network assets?
Samsung Electronics Co., the world’s top smartphone maker, has expressed interest in the mobile networks business of Nokia Oyj, a global telec...
Sep 01, 2024 (Gmt+09:00)
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Central bank
BOK signals autumn rate cut as inflation, economic growth slow
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...
Aug 22, 2024 (Gmt+09:00)
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Future mobility
Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...
Aug 09, 2024 (Gmt+09:00)
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Companies
Kakao Games reports sharp drop in Q2 operating profit
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...
Aug 07, 2024 (Gmt+09:00)
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Retail
Shinsegae Factory Store to enter Laos in 2025
South Korea's Shinsegae Department Store announced on Wednesday that its off-price retail chain, Shinsegae Factory Store, will expand its global foo...
Jul 31, 2024 (Gmt+09:00)
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Korean startups
Colosseum poised for next leap with global expansion drive
Colosseum Corporation Inc., a fulfillment startup based in South Korea, has set its sights on global conquest with its nationwide and international ...
Jul 29, 2024 (Gmt+09:00)
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Earnings
Hybrids, SUVs drive Hyundai Q2 profits to record high
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...
Jul 25, 2024 (Gmt+09:00)
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Energy
High power bills drive Korean manufacturers out of country
South Korean manufacturers are increasingly moving abroad as the country's electricity bills are hovering about 30% higher than those of major eco...
Jul 23, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis unveils airbags for purpose-built vehicles
Hyundai Mobis Co., the world’s sixth-largest auto parts maker, on Thursday unveiled the industry’s first airbags for purpose-built vehic...
Jul 19, 2024 (Gmt+09:00)
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Sports
Twentysomething women become mainstream Korean baseball fans
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...
Jul 12, 2024 (Gmt+09:00)
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Asset management
Young rich Koreans: Financially literate, self-directing
Young South Korean millionaires want to take more control of their investments and bet on sectors they know, not relying passively on private banker...
Jul 05, 2024 (Gmt+09:00)
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Leadership & Management
AI to drive Mirae Asset's next-phase growth: chairman
Mirae Asset Group is a pioneer in South Korea’s mutual fund industry. It launched the country’s first equity mutual fund in the wake of ...
Jul 03, 2024 (Gmt+09:00)
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Automobiles
Kia opens experiential booth at Incheon Int'l Airport
Kia Corp. announced on Tuesday that it has transformed the exhibition booth located near Gate H in the departure area of the third floor of Incheo...
Jul 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis files 3,000 patents for future car techs over 3 years
Hyundai Mobis, the world’s sixth-largest auto parts maker, announced on Tuesday that it published the Sustainability Report 2024, which includ...
Jun 25, 2024 (Gmt+09:00)
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Automobiles
SK Shieldus, CP6 team up for autonomous vehicle security
SK Shieldus Co., the unmanned security subsidiary of South Korea's SK Group, announced on Friday that it has signed an agreement with CP6, a domesti...
Jun 21, 2024 (Gmt+09:00)
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