auto industry awards

South Korea’s major chemical materials producer Kolon Industries Inc. is set to invest 129.6 billion won ($94.2 million) to establish an indus...

Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...

Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...

US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...

South Korea's GS Caltex Corp. will launch a carbon capture and utilization (CCU) project in collaboration with South Jeolla Province and Yeosu City ...

A private equity consortium seeks to buy a 100% stake in Koryo Nobel Explosives Co., South Korea’s No. 2 industrial explosives manufacturer, f...

The US government said on Tuesday it plans to provide SK Hynix Inc., the world’s leading high-bandwidth memory (HBM) chipmaker, up to $450 mil...

Hyundai Motor Group is accelerating its efforts to join hands with global tech companies to advance its future mobility technologies ranging from au...

South Korean beauty device manufacturers are aggressively pursuing mergers and acquisitions both at home and abroad to expand their scale, diversify...

South Korea's Lotte Rental Co. said on Thursday that it established an overseas subsidiary in Dubai, United Arab Emirates (UAE), to boost the expo...

South Korea's SGC eTEC E&C Co. announced on Monday that it secured an additional chemical plant construction project in Malaysia worth 127.3 bil...

South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...

South Korea’s Sapien Semiconductors Inc. is a lesser-known startup outside of the chip industry. However, it is a little giant in the fabless ...

South Korea's four major oil refiners—SK Energy, GS Caltex, S-Oil Corp., and HD Hyundai Oilbank—achieved a record high in petroleum pr...

South Korean tech giant Samsung Electronics Co. said on Tuesday it has completed the performance verification of its latest LPDDR5X chip for use in ...

South Korea's Samsung Asset Management announced on Monday that the net assets of its KODEX exchange-traded fund (ETF) have surpassed 60 trillion ...

Hyundai Motor Co. delivered its record-high number of cars in India during the first six months of this year but lost share in the fiercely competit...

South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...

LG Electronics Inc. was named the top supplier by Germany's Volkswagen Group. According to industry sources on Thursday, LG Electronics received the...

DN Solutions, the world's third-largest and South Korea's top machine tool manufacturer, said on Tuesday that it will establish a new plant and rese...

Kyobo Life Insurance Co.'s Chairman Shin Chang-jae is internationally recognized for setting the global standard for ethical management after two de...

Hyundai Mobis Co., the world’s sixth-largest auto parts maker, said on Friday it has merged its electrification and module divisions to stream...

South Korea’s No. 2 petrochemicals maker Lotte Chemical Corp. has taken a hit from a lowered credit-rating outlook of the company and its majo...

A consortium of Eugene Private Equity and Korea Development Bank Private Equity will acquire 80% of South Korean vaccine maker Boryung Biopharma Co....

BUSAN – Hyundai Motor Co., South Korea’s top automaker, on Thursday premiered the Inster, an all-electric crossover city car, the latest...

South Korea’s vaccine developer SK Bioscience Co. will acquire a controlling stake in the world’s top 10 vaccine firm IDT Biologika GmbH...

South Korea's Doosan Enerbility Co. announced on Wednesday that executives from Manila Electric Company (Meralco), the largest power company in the ...

Korean Air Lines Co. and Asiana Airlines Inc. have been selected for the 2024 World Airline Awards by UK-based aviation consultancy Skytrax on June ...

South Korea's Hanwha Life Financial Services said on Tuesday it received an A+ (Stable) credit rating from Korea Ratings, becoming the first domes...

Samsung Electronics Co. has set up the industry’s first Compute Express Link (CXL) infrastructure, certified by Red Hat Inc., the world’...