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...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age

In a dramatic showing on the famed hill climb of West Sussex, Hyundai Motor Co. on Thursday debuted the IONIQ 6 N, its second high-performance elect...

Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs

Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs

Back in the 1960s and 1970s, the Middle East was a land of opportunity for many South Korean construction workers, who labored there under the scorc...

LS Electric poised to join Nvidia's supply chain via Vertiv deal

LS Electric poised to join Nvidia's supply chain via Vertiv deal

LS Electric Co., a South Korean industrial system supplier, is poised to deliver a large volume of power control equipment, including switchgears an...

Loss-making Lotte Chemical to sell water treatment unit to Synopex

Loss-making Lotte Chemical to sell water treatment unit to Synopex

Lotte Chemical Corp., South Korea’s second-largest petrochemical company grappling with mounting losses amid a prolonged industry downturn, wi...

S.Korea’s power transformer exports soar as global supply shortage bites

S.Korea’s power transformer exports soar as global supply shortage bites

South Korean power equipment makers are riding a wave of export growth, with their transformers in high demand amid a global rush to reinforce power...

LG Chem closes $1 bn water filter division sale to Glenwood PE

LG Chem closes $1 bn water filter division sale to Glenwood PE

LG Chem Ltd. said on Friday it has finalized the sale of its water filter business to Seoul-based Glenwood Private Equity for 1.4 trillion won ($1 b...

Now, it’s K-vehicle: KG Mobility, Kia lead S.Korea’s military vehicle exports

Now, it’s K-vehicle: KG Mobility, Kia lead S.Korea’s military vehicle exports

South Korea’s once domestically focused automakers are making significant inroads into the global defense sector, with a string of recent cont...

Hanjin KAL, LS expand defense business alliance to counter Hoban Group

Hanjin KAL, LS expand defense business alliance to counter Hoban Group

South Korea’s Hanjin Group and LS Group are tightening their alliance further against Hoban Group, which is raising its stake in Hanjin.Korean...

Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal

Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal

Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...

NPS boosts allocation to direct lending, secondaries

NPS boosts allocation to direct lending, secondaries

The National Pension Service (NPS), the world’s third-largest pension fund, has been further diversifying its portfolio through increased expo...

Vietnam, gateway for SK Group’s global renewable energy push

Vietnam, gateway for SK Group’s global renewable energy push

TIEN GIANG, VIETNAM – Off the coast of Vietnam’s Tien Giang Province, 36 wind turbines spin steadily with a constant whoosh and swish, g...

Hyundai Motor, PIF break ground on Saudi Arabia plant

Hyundai Motor, PIF break ground on Saudi Arabia plant

Hyundai Motor Co. has joined forces with the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, to build its first manufactur...

In China’s waterway city Hangzhou, K-beauty redefines ‘shuiguang'

In China’s waterway city Hangzhou, K-beauty redefines ‘shuiguang'

HANGZHOU – The capital of China’s Zhejiang province, Hangzhou, is the southern terminus of the ancient Grand Canal waterway, which origi...

LG Chem to sell water filter business to Glenwood PE for $692 million

LG Chem to sell water filter business to Glenwood PE for $692 million

South Korea’s LG Chem Ltd. has agreed to sell its water filter business – the world’s second-largest producer of reverse osmosis m...

Genesis premieres premium electric off-road SUV X Gran Equator Concept

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...

Kia to build North America-targeted electric pickup model

Kia to build North America-targeted electric pickup model

Kia Corp., South Korea’s second-largest carmaker, will build an electric pickup model tailored for North America to enter the world’s la...

Hanwha Aerospace, General Atomics to build unmanned aerial vehicles

Hanwha Aerospace, General Atomics to build unmanned aerial vehicles

Hanwha Aerospace Co., a leading South Korean defense company, has joined forces with US-based General Atomics Aeronautical Systems Inc. (GA-ASI) to ...

LS Cable's patent victory over Taihan Electric signals further disputes

LS Cable's patent victory over Taihan Electric signals further disputes

LS Cable & System Co. has gained the upper hand in its years-long patent dispute against Taihan Electric Wire Co. after a South Korean high pate...

Doosan Enerbility bags $200 mn Qatar power plant EPC deal

Doosan Enerbility bags $200 mn Qatar power plant EPC deal

Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortiu...

Korea’s OCI, Israel’s Arava Power to jointly build solar cell plant in Texas

Korea’s OCI, Israel’s Arava Power to jointly build solar cell plant in Texas

OCI Energy Co., a US subsidiary of South Korea’s OCI Holdings Co., and Israel’s Arava Power will jointly build a solar cell power plant ...

Hyundai Motor sets up AI research arm CoMo China

Hyundai Motor sets up AI research arm CoMo China

Hyundai Motor Co. in December established CoMo China in Shanghai to spearhead artificial intelligence research and development in its push for softw...

AI data center with up to 3 gigawatts of power envisioned for South Korea

AI data center with up to 3 gigawatts of power envisioned for South Korea

An investor group is planning one of the world’s largest data centers for artificial intelligence in South Korea, a sign of red-hot AI de...

US Capital Group raises stake in South Korea’s LS Electric

US Capital Group raises stake in South Korea’s LS Electric

Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...

HD Hyundai Electric to invest $274 mn in transformer output ramp-ups

HD Hyundai Electric to invest $274 mn in transformer output ramp-ups

HD Hyundai Electric Co., a South Korean electric power equipment maker, plans to invest about half of its 2024 operating profit, estimated at 720 bi...

China's BYD enters S.Korean EV market

China's BYD enters S.Korean EV market

China’s electric vehicle (EV) giant BYD Co. officially debuts in the South Korean passenger car market on January 16. BYD's first-selling...

S.Korea's personal mobilities firm GCoo enters Africa

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 ...

Lotte to supply advanced copper foil to Doosan for Nvidia’s Blackwell

Lotte to supply advanced copper foil to Doosan for Nvidia’s Blackwell

Lotte Energy Materials Corp., a leading South Korean battery materials maker, said on Tuesday it will supply advanced copper foil to Doosan Corp.'s&...

Samsung C&T, Sweden's Karnfull Next to team up for SMR

Samsung C&T, Sweden's Karnfull Next to team up for SMR

South Korea's Samsung C&T Corp. said Friday it signed a memorandum of understanding (MOU) with Swedish energy company Karnfull Next AB to jointl...

SK Hynix to produce HBM4 on 3 nm foundry process in 2025

SK Hynix to produce HBM4 on 3 nm foundry process in 2025

SK Hynix Inc. will adopt the 3-nanometer process, the most advanced foundry technology available, to produce customized HBM4 chips in the second hal...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul 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