self-driving car part maker
Scope
Date
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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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Korean chipmakers
Seoul Semiconductor overtakes Japan’s Nichia as top backlight LED maker
South Korea’s Seoul Semiconductor Co. has overtaken Japan’s Nichia Corp. as the world’s top backlight light-emitting diode (LED) d...
Aug 08, 2024 (Gmt+09:00)
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Chemical Industry
Gas maker Air Products Korea put on sale for around $3.6 bn
US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...
Aug 07, 2024 (Gmt+09:00)
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Chemical Industry
PE firms seek to buy Korean explosives maker for $218 mn
A private equity consortium seeks to buy a 100% stake in Koryo Nobel Explosives Co., South Korea’s No. 2 industrial explosives manufacturer, f...
Aug 07, 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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Steel
Dongkuk buys Aju Steel to create No.1 color coated steel maker
Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel unit of South Korea's Dongkuk Holdings Co., has agreed to buy Aju Steel Co. specializin...
Aug 07, 2024 (Gmt+09:00)
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Food & Beverage
Lotte Wellfood eyes merger with trading arm; firms indecisives
South Korea’s Lotte Corp. is considering a merger of its confectionery unit Lotte Wellfood Co. and agricultural product trading arm Lotte Inte...
Aug 06, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor mulls connected car partnership with Google
Hyundai Motor Group is accelerating its efforts to join hands with global tech companies to advance its future mobility technologies ranging from au...
Aug 06, 2024 (Gmt+09:00)
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Beauty & Cosmetics
South Korean beauty device makers bulk up through M&As
South Korean beauty device manufacturers are aggressively pursuing mergers and acquisitions both at home and abroad to expand their scale, diversify...
Aug 06, 2024 (Gmt+09:00)
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Automobiles
Slowing economy creates opportunity for S. Korean used car sellers
South Korea’s used car sellers hope to take advantage of the slowing economic growth at home and abroad to expand their market shares.Lotte Re...
Aug 04, 2024 (Gmt+09:00)
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Electronics
LG Display to sell its last LCD plant to CSOT for $1.5 bn
South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China Star Optoelectronics...
Aug 02, 2024 (Gmt+09:00)
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Automobiles
IONIQ 5 N selected as official car of Fuji Speedway Circuit
Hyundai Motor Co. announced that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as the official car of Japan's Fuji Speedwa...
Aug 02, 2024 (Gmt+09:00)
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Leadership & Management
Samsung’s new chip leader calls for restoring competitiveness
It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his firs...
Aug 01, 2024 (Gmt+09:00)
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Automobiles
Lotte Rental establishes UAE subsidiary
South Korea's Lotte Rental Co. said on Thursday that it established an overseas subsidiary in Dubai, United Arab Emirates (UAE), to boost the expo...
Aug 01, 2024 (Gmt+09:00)
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Automobiles
Central Asia emerging as South Korea’s new used car export market
South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...
Jul 31, 2024 (Gmt+09:00)
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Automobiles
Mercedes-Benz ranked first in KSQI imported car dealership
Mercedes-Benz Korea announced on Wednesday that it has ranked first in the imported car dealership category for the 10th consecutive year in the 202...
Jul 31, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem emerges as global No. 4 chemicals maker: C&EN
South Korea’s LG Chem Ltd. has emerged as the world’s fourth chemicals producer, the second Asian company to be among the five largest a...
Jul 31, 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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Earnings
Samsung set to ship HBM3E chips in H2 after strong H1
Samsung Electronics Co. expects it will be ready to ship its fifth-generation high-bandwidth memory (HBM) chips, or HBM3E, in the second half, demon...
Jul 31, 2024 (Gmt+09:00)
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Batteries
Samsung SDI’s Q2 profit drops on sluggish European EV sales
Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, saw its second-quarter operating profit plunge from the year-earlie...
Jul 30, 2024 (Gmt+09:00)
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Future mobility
Hyundai gives advanced air mobility demo in Indonesia
Hyundai Motor Group on Monday unveiled its advanced air mobility (AAM) technology and demonstrated an AAM prototype aircraft, or a flying car, in In...
Jul 29, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine Solution wins $60 mn ship maintenance contract
HD Hyundai Marine Solution Co., HD Hyundai’s marine industry comprehensive solution company, signed its largest long-term maintenance contract...
Jul 29, 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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Food & Beverage
Korean soju makers likely to log strong quarterly profit
HiteJinro Co., South Korea’s leading soju maker, will likely post its best-ever quarterly profit in the second quarter as the clear distilled ...
Jul 29, 2024 (Gmt+09:00)
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Electronics
S.Korea relinquishes control to China in smaller OLED market
LG Display Co. and Samsung Display Co. lost ground to their Chinese rivals in the global small and mid-sized organic light-emitting diode (OLED) pan...
Jul 26, 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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Tech, Media & Telecom
LG Uplus to feature in-car games to Kia EV3
South Korea's LG Uplus Corp. said on Wednesday that it will offer its web-based in-car game service Game Portal in Kia Corp's electric vehicle (EV) ...
Jul 24, 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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Future mobility
Kakao Mobility launches overseas car rental service
South Korean mobility platform Kakao Mobility said on Monday that it launched an overseas car rental service accessible through its Kakao T app.The ...
Jul 23, 2024 (Gmt+09:00)
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Electronics
Rebound in large OLED TV demand bodes well for LG Display, Samsung
In the flat panel market, South Korea’s two display makers – LG Display Co. and Samsung Display Co. – have been bleeding for years...
Jul 23, 2024 (Gmt+09:00)
Latest News
- 1 Mubadala, Goldman Sachs to invest $700 mn in Kakao Mobility
- 2 Now, slim is in – and Samsung wants to be No. 1 with Galaxy S25 Edge
- 3 Hankook & Company to set up CVC with $11 mn in funding
- 4 Korea Securities Finance eyes its 1st foreign bond sale in 2026
- 5 BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea