LG Innotek, SK On win Edison Awards for second consecutive year

South Korea's LG Innotek and SK On have won the Edison Awards in the US for the second consecutive year. LG Innotek announced on April 21 that it r...

LG Innotek wins top US invention award

South Korea’s LG Innotek announced on Monday that its ultra-thin magnetic components, Nexlim, has won a bronze award in the "Commercial Techno...

Ssangyong Motor sale collapses as Edison Motors fails to pay

The planned sale of Ssangyong Motor Co. to Edison Motors Co., a small South Korean electric bus maker, has broken down as Edison failed to make full...

Edison Motors and Ssangyong Motor ink takeover deal

Ssangyong Motor Co. has finally found a new owner. South Korea’s bankruptcy court approved Ssangyong Motor Co. and electric carmaker Edison Mo...

Edison CEO aspires to be Korea’s Elon Musk with Ssangyong takeover

Kang Young-kwon, chairman and chief executive of South Korea’s Edison Motors Co., was virtually unheard of in the country’s automobile i...

Edison-led consortium named preferred buyer of Ssangyong Motor

A consortium led by electric bus maker Edison Motors Co. has been named the preferred buyer of South Korea’s troubled sport utility vehicle ma...

Ssangyong Motor struggles to find new owner

Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts as to whether the e...

Korean activist fund KCGI joins in consortium to buy Ssangyong

A South Korean electric bus maker Edison Motors Co. added the activist fund Korea Corporate Government Improvement Fund (KCGI) as a financial invest...