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...
Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner
Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...
Xiaomi to open first offline store in S.Korea with premium products
Xiaomi Inc., a Chinese technology giant, will open its first offline store in South Korea next week, about six months after its virtual foray into t...
Growth equity portfolio largely shielded from policy headwinds: Summit
Growth equity investments have remained largely stable in the face of recent policy shifts, with key sectors like technology and healthcare avoiding...
Hanwha Ocean to team up with Polish shipyards for Navy project bid
Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...
Europe looms large as K-beauty brands look to blue ocean; shares rise
South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...
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...
Hanwha's 'Sea Ghost' makes waves as Greece eyes unmanned naval tech
GEOJE, South Korea – Under a slate-grey sky at the quiet port of Jangmok on South Korea’s southern coast, a sleek, 12-meter vessel slipp...
BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea
China’s BYD Co. has dethroned Tesla Inc. in South Korea with its compact sport utility vehicle, the BYD Atto 3, becoming the best-selling impo...
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) ...
Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...
KT rolls out Thai-tailored large language model
South Korean telecom service provider KT Corp. has built a large language model (LLM) platform tailored for the Thai market in collaboration with Ja...
Korea launches $27 mn fund to invest in K-beauty startups
South Korea’s Ministry of SMEs and Startups on Thursday announced the launch of a 40 billion won ($27 million) fund to invest in Korean beauty...
KAIST launches Korean rapper G-Dragon’s music into space
The Korea Advanced Institute of Science & Technology (KAIST) has launched the music and iris image of G-Dragon, a Korean rapper and singer-songw...
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...
Korea’s KG Mobility teams up with Chery to develop mid to large SUVs
KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...
K-pop exports boom as end of Chinese K-wave ban looms large
Exports of Korean popular music, or K-pop, have seen a significant surge in recent months, driven by increasing demand from China and Japan, accordi...
SK Hynix aims to lock in all 2026 HBM orders by mid-2025
SK Hynix Inc., the world’s largest supplier of high-bandwidth memory (HBM), aims to lock in orders for its entire 2026 HBM output by the end o...
LG takes on Big Tech AI in reasoning with Exaone Deep
LG AI Research, the artificial intelligence (AI) research and development unit of South Korea's LG Group, has unveiled Exaone Deep, an open-source A...
Hanwha wins $1.6 billion order to build 6 container ships for Evergreen
Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly,...
Kia to release PV9 in 2029, retains CEO for 3 more years
Kia Corp. will release a new purpose-built vehicle (PBV) model every two years, with plans to launch the PV9 in 2029 and its first model, the PV5, t...
Kia to ramp up Seltos output to meet high global demand
Kia Corp. will expand production of its compact sport utility vehicle, the Seltos, after selling 310,000 units of the model across the globe, making...
Kakao founder Kim to resign as control tower chair
Kakao Corp. founder Kim Beom-soo, also known as Brian Kim, will step down as chairman of the South Korean tech giant’s top decision-making bod...
Meritz drops bid for troubled MG Non-Life Insurance; Liquidation looms
Meritz Financial Group Inc., South Korea’s second-most valuable financial holding firm, has dropped its bid to acquire financial distressed MG...
HD Hyundai, TerraPower to commercialize next-gen SMR
South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture f...
South Korea emerges as private equity firms’ global hub
New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that ...
HD Korea Shipbuilding premieres nuclear-powered ship design
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), the parent of the world’s largest shipbuilder HD Hyundai Heavy Industries Co.,...
Small firms emerge as prime targets of management disputes in Korea
Small and medium-sized enterprises (SMEs) accounted for the majority of disputes over corporate management control in South Korea last year, with th...
LG, SNU team up to develop AI modeling for protein structure predictions
LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a ...
Samsung set to rebuild with leader Lee cleared of all charges
Samsung Electronics Co. Chairman Lee Jae-yong was found not guilty of accounting fraud, stock manipulation and other criminal charges by a Seoul app...
