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...

South Korean airlines bank on China routes for profit recovery

South Korean airlines bank on China routes for profit recovery

South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...

POSCO inducted into World Steel Dynamics’ Hall of Fame

POSCO inducted into World Steel Dynamics’ Hall of Fame

South Korea’s POSCO Group has been permanently inducted into the Hall of Fame by the World Steel Dynamics (WSD), a US steel industry research ...

Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million

Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million

Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...

HD KSOE secures $1.8 bn in container ship orders

HD KSOE secures $1.8 bn in container ship orders

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...

Kakao shares sink on SK Telecom’s stake sell-off news

Kakao shares sink on SK Telecom’s stake sell-off news

Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platfo...

Hylium to supply liquefied hydrogen storage tanks to AirFirst

Hylium to supply liquefied hydrogen storage tanks to AirFirst

Hylium Industries Inc., South Korea’s hydrogen liquefier manufacturer, has signed a deal to supply high-capacity liquefied hydrogen storage ta...

Hyundai premieres all-new NEXO, reinforcing hydrogen power

Hyundai premieres all-new NEXO, reinforcing hydrogen power

Hyundai Motor Co. on Thursday unveiled the all-new NEXO, the first full-change model of the fuel cell electric vehicle (FCEV) since its launch in 20...

Samsung E&A buys Norwegian Nel stake for hydrogen business push

Samsung E&A buys Norwegian Nel stake for hydrogen business push

South Korea’s Samsung E&A Co. has purchased a stake in Norway’s hydrogen technology company Nel ASA at 47.6 billion won ($32.8 milli...

Korean Air changes badge before full integration with Asiana Airlines

Korean Air changes badge before full integration with Asiana Airlines

Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...

Korea, US to expand cooperation in shipbuilding sector

Korea, US to expand cooperation in shipbuilding sector

WASHINGTON -- South Korea and the US plan to set up a working group to expand their cooperation in the shipbuilding industry from warships to commer...

Sono Hospitality becomes new owner of Korean budget carrier T’way Air

Sono Hospitality becomes new owner of Korean budget carrier T’way Air

South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...

SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell

SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell

SK Innovation E&S (SKI E&S), the natural gas business unit of South Korea’s SK Innovation Co., is set to begin an LNG trading business...

HS Hyosung Advanced Materials seeks to sell tire steel cord business

HS Hyosung Advanced Materials seeks to sell tire steel cord business

South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures ...

Samsung Heavy wins $264 mn order for LNGC

Samsung Heavy wins $264 mn order for LNGC

South Korea’s shipbuilder Samsung Heavy Industries said on Monday it won 379.6 billion won ($264 million) for one unit of liquefied natural ...

KG Mobility, Phinia to co-work for hydrogen engine

KG Mobility, Phinia to co-work for hydrogen engine

South Korea's automaker KG Mobility Corp. said on Thursday it partnered with the global car aftermarket solutions company Phinia to develop hydrogen...

Korean carmakers to bolster lineups with EVs, hydrogen models

Korean carmakers to bolster lineups with EVs, hydrogen models

Hyundai Motor Co. and other South Korean carmakers will release various types of new models ranging from hybrid sport utility vehicles (SUVs) and el...

SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs

SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs

South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analys...

Asiana Airlines joins Korean Air as subsidiary

Asiana Airlines joins Korean Air as subsidiary

Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of operation to be placed un...

Korean Air-Asiana merger to spur M&A among budget carriers

Korean Air-Asiana merger to spur M&A among budget carriers

Korean Air Lines Co.'s anticipated acquisition of Asiana Airlines Inc. is expected to spur domestic budget carriers to seek mergers, with the two do...

Korean Air gets EU approval for Asiana merger

Korean Air gets EU approval for Asiana merger

The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...

Hanwha Ocean wins $51.2 mn deal for two LNG carriers

Hanwha Ocean wins $51.2 mn deal for two LNG carriers

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured a new contract to build two LNG carriers, making it the domestic shipyard w...

SK Telecom unveils AI personal agent Aster for global users

SK Telecom unveils AI personal agent Aster for global users

SK Telecom Co. on Tuesday unveiled an AI-driven personal assistant Aster (A*) that understands users' intentions and goes beyond answering simple qu...

Hyundai Motor completes mobile hydrogen charging station in Jeju

Hyundai Motor completes mobile hydrogen charging station in Jeju

Hyundai Motor Co. said on Monday that it completed the H Jeju Moving Station, a mobile hydrogen charging facility, at the Carbon-Free Island (CFI) E...

HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power

HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power

South Korea's HD Hyundai Infracore Co. said on Monday it partnered with Amogy Inc., a US-based ammonia-powered systems developer, and SK Innova...

Hyundai unveils Initium hydrogen FCEV concept, set to arrive in 2025

Hyundai unveils Initium hydrogen FCEV concept, set to arrive in 2025

South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled a new hydrogen fuel cell electric vehicle (FCEV) concept, previewing its ne...

Toyota, Hyundai agree to deepen ties in hydrogen, robotics

Toyota, Hyundai agree to deepen ties in hydrogen, robotics

Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...

Hyundai Glovis introduces EV drill lance on car carriers

Hyundai Glovis introduces EV drill lance on car carriers

South Korea's Hyundai Glovis Co. said on Thursday that it will introduce a special fire suppression tool, the EV (Electric Vehicle) - Drill Lance, f...

CJ Logistics, KT&G introduce hydrogen cargo trucks

CJ Logistics, KT&G introduce hydrogen cargo trucks

South Korea's CJ Logistics said on Thursday that it deployed two 11-ton hydrogen-powered cargo trucks in the logistics division of KT&G Corp.The...

Hyundai Motor Group expands R&D partnership with Singapore

Hyundai Motor Group expands R&D partnership with Singapore

Hyundai Motor Group, the world’s third-largest automaker, has expanded its research partnership with Singapore into energy, artificial intelli...

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