Hyundai Assan Otomotiv Sanayi ve Ticaret A.S.
Scope
Date
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Retail
S.Korea's Lotte Department Store launches 'K-Beauty' tour service
South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...
Aug 07, 2023 (Gmt+09:00)
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ESG
LG 1st in South Korea’s ESG rankings for 2nd year
LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social...
Aug 07, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea's No. 1 flight route in 2023 is Incheon-Osaka
South Korea's most popular international flight route in the first half of this year was between Incheon International Airport and Kansai Internatio...
Aug 07, 2023 (Gmt+09:00)
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Chemical Industry
Toray Advanced Materials reviews film line expansion in S.Korea
Toray Advanced Materials Korea Inc. (TAK) is reviewing its film line expansion in South Korea as part of its 300 billion won ($229 million) capital ...
Aug 06, 2023 (Gmt+09:00)
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Advertising & Marketing
Virtual human Lucy to sell Galaxy Z in live commerce
Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, following her attend...
Aug 04, 2023 (Gmt+09:00)
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Energy
S.Korean transformers invade US market on surging demand
South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...
Aug 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show
Hyundai Motor Co. and Kia Corp. will participate in Indonesia’s largest auto show next week as the South Korean sister firms ramp up their off...
Aug 04, 2023 (Gmt+09:00)
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Bio & Pharma
Dongwha Pharm to buy Vietnamese pharmacy chain at $30 mn
South Korea's Dongwha Pharm announced on Thursday that it signed an agreement to acquire a 51% stake in Trung Son Pharma, a leading pharmacy chain i...
Aug 04, 2023 (Gmt+09:00)
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Food & Beverage
Heads of S.Korea's chicken chains promoting expansion abroad
The CEOs of South Korea's top three fried chicken franchises are promoting their brands overseas based on the judgement that growth will stagnate if...
Aug 04, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korean cosmetics overtake French as top imports in Japan
South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...
Aug 04, 2023 (Gmt+09:00)
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Mergers & Acquisitions
With long-gone heyday, Capro clings to stake sale for survival
Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...
Aug 04, 2023 (Gmt+09:00)
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Automobiles
LG Uplus to equip Toyota Highlander’s infotainment platform
South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota Connect, powered by t...
Aug 04, 2023 (Gmt+09:00)
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Earnings
Tesla supplier L&F’s earnings disappoint; shares down
L&F Co., global electric vehicle leader Tesla Inc.’s battery materials supplier, missed quarterly earnings estimates on sluggish product p...
Aug 04, 2023 (Gmt+09:00)
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Batteries
Korea’s STX to build joint Indonesia nickel plant for EV cells
South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...
Aug 03, 2023 (Gmt+09:00)
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Business & Politics
South Korean city seeks to build Asia's 1st MSG Sphere
A city in the greater Seoul area is aiming to become the first in Asia to attract Madison Square Garden (MSG) Sphere, an iconic music and entertainm...
Aug 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics to form $100-million global startup fund
LG Electronics Inc. has committed over $100 million to a startup fund to unearth new technologies in sustainable energy, digital health, artificial ...
Aug 03, 2023 (Gmt+09:00)
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Future mobility
Hyundai, legendary chip architect Jim Keller to make chips for future cars
South Korea’s top automaker Hyundai Motor Group said on Thursday it has partnered with legendary chip architect Jim Keller to jointly develop ...
Aug 03, 2023 (Gmt+09:00)
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Korean games
S.Korea’s mobile app spending hits record high in H1 2023
South Korean consumers' spending on mobile apps recorded the highest-ever in the first half of this year.Mobile data and analytics platform data.ai ...
Aug 03, 2023 (Gmt+09:00)
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Retail
Costco Korea under heavy scrutiny over cart pusher’s death
Costco has come under heavy scrutiny after a 29-year-old cart pusher at one of its outlets near Seoul died after working in scorching heat in June, ...
Aug 03, 2023 (Gmt+09:00)
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Machinery
HD Hyundai Infracore opens online excavator store
South Korea's HD Hyundai Infracore Co. announced on Thursday that it has opened the first "Develon Online Store," an excavator online mall in the co...
Aug 03, 2023 (Gmt+09:00)
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Regulations
Big Bang deregulation poised to bolster S.Korean ST market
South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...
Aug 03, 2023 (Gmt+09:00)
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Logistics
CJ Logistics teams up with world’s No. 7 shipping company ONE
South Korea's largest parcel delivery service CJ Logistics on Thursday said it signed a strategic partnership deal with Japan’s Ocean Network ...
Aug 03, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to fully open gov't R&D projects to foreign researchers
South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...
Aug 03, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean companies rushing to launch exotic AI-based services
Lowered barriers in South Korea to the introduction of artificial intelligence (AI) have fueled the growing popularity of unique AI services. The em...
Aug 03, 2023 (Gmt+09:00)
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Korean chipmakers
Advanced memory is strategic asset for Korea’s chip supremacy: Hwang
South Korea, home to the world’s two largest memory chipmakers – Samsung Electronics Co. and SK Hynix Inc. – has been the dominant...
Aug 03, 2023 (Gmt+09:00)
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Airlines
Korean Air’s operating profit falls to $360 mn in Q2 2023
Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...
Aug 03, 2023 (Gmt+09:00)
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Business & Politics
GS25 becomes No. 1 convenience store chain in southern Vietnam
South Korean convenience store chain GS25 announced on Thursday that it has become the top operator in southern Vietnam, surpassing rivals US' Circl...
Aug 03, 2023 (Gmt+09:00)
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Electric vehicles
Global EV, battery sectors in war for talent acquisition
Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...
Aug 02, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean academics to verify truth of room-temperature superconductor
The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in response to the ongo...
Aug 02, 2023 (Gmt+09:00)
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Economy
Korea’s inflation eases to 25-mo low, but poised to rebound in H2
South Korea’s headline inflation rose at the slowest pace in 25 months in July on still-low international oil prices but is projected to reacc...
Aug 02, 2023 (Gmt+09:00)