Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet

South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...

Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India

Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...

Seoul Private Equity seeks to buy Winia under court receivership

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...

Hanwha Aerospace nears $276 million K9 howitzer deal with Vietnam

Hanwha Aerospace nears $276 million K9 howitzer deal with Vietnam

South Korea’s Hanwha Aerospace Co. is close to signing a 400 billion won ($276 million) deal to export as many as 30 units of the K9 Thunder s...

Neubility, Samsung C&T offer robot delivery service

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...

India to acquire 100 units of Hanwha Aerospace’s K9 howitzers via L&T

India to acquire 100 units of Hanwha Aerospace’s K9 howitzers via L&T

India will acquire 100 units of the K9 self-propelled howitzers developed by South Korea’s Hanwha Aerospace Co. from Larsen & Toubro (L&am...

Self-driving tech startup RideFlux raises $1.9 mn in Series B

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...

Hyundai Motor, Waymo forge multi-year, strategic partnership

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 ...

Microsoft, KT join forces to propel Korea’s AI innovation

Microsoft, KT join forces to propel Korea’s AI innovation

Microsoft Corp. and KT Corp., one of South Korea's top three telecom companies, will drive artificial intelligence transformation in the Korean firm...

Hanwha unveils carbon-free gas carrier amid tougher rules

Hanwha unveils carbon-free gas carrier amid tougher rules

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has introduced a carbon-free gas carrier to meet the growing demand for eco-friendl...

Will Samsung take over Nokia’s mobile network assets?

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...

Hanwha completes Australia plant for howitzers, armored vehicles

Hanwha completes Australia plant for howitzers, armored vehicles

South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...

Hyundai Mobis unveils airbags for purpose-built 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...

Hanwha Aerospace to export $938mn K9 howitzer to Romania

Hanwha Aerospace to export $938mn K9 howitzer to Romania

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, signed a 1.3 trillion won ($938 million) contract to supply ...

Young rich Koreans: Financially literate, self-directing

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...

SK Shieldus, CP6 team up for autonomous vehicle security

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...

Hanwha Aerospace closes in on Romania’s howitzer deal

Hanwha Aerospace closes in on Romania’s howitzer deal

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, is highly expected to bag a $920 million contract to supply ...

RideFlux wins temporary Level 4 self-driving permit

RideFlux wins temporary Level 4 self-driving permit

RideFlux Inc., a South Korean autonomous driving technology startup, has received a temporary permit to operate a driverless car at normal speed for...

Hyundai ties up with AWS, Meta, Microsoft for open map

Hyundai ties up with AWS, Meta, Microsoft for open map

Hyundai Motor Group, the world’s third-largest automaker, teamed up with Big Tech companies such as Amazon Web Services Inc. (AWS), Meta Platf...

Young rich Koreans set sights on M&As, commercial property deals

Young rich Koreans set sights on M&As, commercial property deals

Young rich Koreans have emerged as big players in South Korea’s asset management market, expanding into M&As and commercial real estate, a...

Hyundai’s JV Motional delays robotaxi commercialization, cuts jobs

Hyundai’s JV Motional delays robotaxi commercialization, cuts jobs

Self-driving technology developer Motional decided to delay robotaxi deployments with ride-hailing companies Uber Technologies Inc. and Lyft Inc. ag...

Hyundai to invest $923 million on self-driving JV Motional

Hyundai to invest $923 million on self-driving JV Motional

Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making self-driving joint ve...

Hyundai Mobis tests Level 4 self-driving

Hyundai Mobis tests Level 4 self-driving

Hyundai Mobis Co., the world’s sixth-largest auto component maker, will start test driving a Level 4 autonomous driving vehicle in Incheon's S...

Korean lidar venture SOSLab eyes Kosdaq debut in May

Korean lidar venture SOSLab eyes Kosdaq debut in May

South Korean light detection and ranging (lidar) startup SOSLab aims to debut on the junior bourse Kosdaq in May, according to banking sources on Su...

Hyundai Wia targets Chile's advanced arms market

Hyundai Wia targets Chile's advanced arms market

Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...

POSCO DX to develop self-driving unmanned facilities

POSCO DX to develop self-driving unmanned facilities

POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Thursday that it signed a memorandum of unde...

Kia releases 2024 model year of K9

Kia releases 2024 model year of K9

Kia Corp., South Korea’s No. 2 automaker, released its flagship sedan K9’s model year The 2024 K9 on Tuesday. Kia has enhanced the ext...

Hyundai Mobis applies 1,200 future mobility patents in 2023

Hyundai Mobis applies 1,200 future mobility patents in 2023

Hyundai Mobis has strengthened its competitiveness in future mobility by filing numerous patents in the electric and autonomous driving fields.The c...

Hanwha expected to sign $751 mn howitzer deal with Romania

Hanwha expected to sign $751 mn howitzer deal with Romania

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, is set to sign a 1 trillion won ($751 million) contract to s...

Hyundai, Kia team up with KAIST on self-driving car sensor

Hyundai, Kia team up with KAIST on self-driving car sensor

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, have joined hands with the nation's top national research university to...

Hanwha seeks to buy Paraspara Seoul from developer tied to Banyan Tree Busan fire Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared Korea Investment & Securities, UBP seek private banking partnership