EV9 GT-Line
Scope
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Automobiles
Hyundai Motor, Kia win 12 awards at IDEA Design Awards
Hyundai Motor Co. and Kia Corp. announced on Friday that they won a total of 12 awards, including three Gold Awards, at the 2024 International Desig...
6 HOURS AGO
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Energy
Korea's SK Energy to start commercial operations of SAF production line
SK Energy Co., South Korea’s largest oil refiner, is set to start commercial operations of a production line for sustainable aviation fuel (SA...
Sep 11, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM to spend $17.5 bn by 2030 to double cargo capacity
HMM Co., South Korea’s largest ocean carrier, said on Tuesday it will spend 23.5 trillion won ($17.5 billion) by 2030 to nearly double its car...
Sep 10, 2024 (Gmt+09:00)
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Electronics
Gloves off for Samsung, LG in high-end OLED display fight
Samsung Display Co. and LG Display Co., the global leading organic light-emitting diode panel makers, are fiercely competing in the professional OLE...
Aug 29, 2024 (Gmt+09:00)
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Energy
LS Eco Energy supplies 2,000 km of overhead power lines to Vietnam
South Korea's LS Eco Energy Ltd. said on Friday that its Vietnamese unit LS-VINA has completed a supply of around 2,000 kilometers of overhead power...
Aug 09, 2024 (Gmt+09:00)
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Earnings
LG Energy’s Q2 profit hurt by EV slowdown, expects Q4 improvement
LG Energy Solution Ltd., one of the world’s top three battery makers, on Monday posted a smaller quarterly profit, hurt by sluggish global ele...
Jul 08, 2024 (Gmt+09:00)
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Batteries
Samsung SDI to ink $726 mn ESS deal with NextEra Energy
Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is set to provide batteries for energy storage systems (ESS) to NextEr...
Jul 05, 2024 (Gmt+09:00)
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Automobiles
Kia opens experiential booth at Incheon Int'l Airport
Kia Corp. announced on Tuesday that it has transformed the exhibition booth located near Gate H in the departure area of the third floor of Incheo...
Jul 02, 2024 (Gmt+09:00)
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IPOs
d’Alba maker Bmonument, Memebox, Easytem line up for Korean IPOs
South Korea’s promising beauty and healthcare device startups are looking to go public on the domestic bourse to scale up after gaining popula...
Jun 23, 2024 (Gmt+09:00)
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Corporate restructuring
SK asks KDB for further funding before drastic restructuring
SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank...
Jun 20, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor debuts 2025 Avante with improved cluster space use
Hyundai Motor Co. announced on Thursday that it has launched the updated model of the compact sedan, 2025 Avante, and has begun full-scale sales.Sin...
Jun 20, 2024 (Gmt+09:00)
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Business & Politics
Line Yahoo to sever tech ties with Naver by year-end: LY CEO
TOKYO – Japan’s LY Corp., the operator of the country’s top mobile messenger app Line, plans to sever technological and system tie...
Jun 19, 2024 (Gmt+09:00)
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Automobiles
Kia launches 2024 model year of Morning
Kia Corp. announced on Monday that it launched its flagship compact car Morning's model year the 2024 Morning. The 2024 Morning featured the ne...
Jun 10, 2024 (Gmt+09:00)
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Electric vehicles
US, China to serve as Kia’s key offshore EV production bases
Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...
Jun 09, 2024 (Gmt+09:00)
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Korean games
Line Games to launch The Play of Genesis in Taiwan, Hong Kong
South Korea's Line Games Corp. announced on Friday that it signed a publishing agreement with Vietnam's tech giant VNG for the mobile game The Play ...
May 31, 2024 (Gmt+09:00)
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Electronics
Samsung gets new tech certification for air purifier filter
Samsung Electronics Co.'s air purifier filter technology obtained the New Excellent Technology (NeT) certification from the Korea Agency for Technol...
May 31, 2024 (Gmt+09:00)
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Electric vehicles
Kia EV9 poised to hit 50,000 unit mark in a year on strong exports
Kia Corp., South Korea’s No. 2 automaker, is poised to sell 50,000 units of its flagship all-electric sport utility vehicle EV9 within one yea...
May 29, 2024 (Gmt+09:00)
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Leadership & Management
Ex-Porsche engineer Harrer to lead Hyundai’s high-performance push
Hyundai Motor Group is upping the ante to lead in the luxury and high-performance car market and speed up electrification by tapping a high-profile ...
May 28, 2024 (Gmt+09:00)
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Business & Politics
LY vows to keep Line Plus as Naver-SoftBank breakup drags on
Japan’s LY Corp., the operator of the country’s top mobile messenger app Line, said on Wednesday it will keep its South Korean affiliate...
May 22, 2024 (Gmt+09:00)
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Business & Politics
Naver beleaguered by weak Korean businesses amid Line woes
South Korea’s online giant Naver Corp. is struggling with sluggish core domestic businesses – commerce, search and sports – as Jap...
May 21, 2024 (Gmt+09:00)
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Aerospace & Defense
SM Bexel supplies $14.7 mn lithium ampoule batteries to KDI
SM Bexel Co., the battery manufacturing arm of South Korea's SM Group, announced on Tuesday that it signed a supply contract worth 20 billion won ($...
May 21, 2024 (Gmt+09:00)
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Corporate bonds
Korea’s Eduwill suffers credit-rating cuts, capital erosion
Eduwill Corp., South Korea’s leading provider of online and offline test prep courses for adults, has taken a hit from a series of credit-rati...
May 16, 2024 (Gmt+09:00)
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Earnings
Meritz leaves door open for an M&A, to stay shareholder friendly
Meritz Financial Group Inc., boasting the fourth-biggest market capitalization among South Korean financial holding companies, will look into an acq...
May 14, 2024 (Gmt+09:00)
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Business & Politics
Korean government vows stern response to Tokyo’s pressure on Naver
The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...
May 13, 2024 (Gmt+09:00)
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Business & Politics
SoftBank to buy part of Naver's Line stake by July: CEO Miyakawa
TOKYO – SoftBank Corp., which runs LY Corp., the operator of the popular mobile messenger app Line in Japan, said on Thursday it is in talks w...
May 09, 2024 (Gmt+09:00)
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Business & Politics
Japan’s request for Naver to shed Line control ‘unprecedented': CEO
TOKYO – South Korea’s tech giant Naver Corp. said on Friday that Japan’s administrative guidance for Naver to sell down its contro...
May 03, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea’s IBK, Japan’s Mizuho Bank agree on $218-million committed line
South Korea’s state-run Industrial Bank of Korea (IBK) has agreed on a 300 billion won ($218 million) committed credit line with Japanese lead...
Apr 23, 2024 (Gmt+09:00)
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Airlines
Korean Air, WestJet codeshare Incheon~Calgary route
Korean Air Lines Co. announced on Monday that it will expand codeshare operations with Canada's WestJet Airlines.Korean Air will sell flights operat...
Apr 22, 2024 (Gmt+09:00)
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Automobiles
Kia EV9 named best electric SUV in Germany
Kia Corp. 's EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker, was named the top electric ...
Apr 04, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Globis wins long-term LNGC charter in Qatar
South Korea's Hyundai Glovis Co. announced on Monday that it has won a long-term charter for four liquefied natural gas carriers (LNGC) from QatarEn...
Apr 01, 2024 (Gmt+09:00)
Latest News
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