connected car systems
Scope
Date
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Machinery
LS Electric wins $23 mn order for Thai railway signal system
South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...
May 02, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to build Jeju Hanwha Space Center
South Korea's Hanwha Systems Co. announced plans on Monday that it plans to establish the Jeju Hanwha Space Center in Jeju Special Self-Governing Pr...
Apr 30, 2024 (Gmt+09:00)
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Artificial intelligence
Vuno, Canon to target AI diagnostic market in Japan
South Korea's medical device startup Vuno announced on Monday that its Japanese partner M3AI signed a memorandum of understanding (MOU) with Canon M...
Apr 30, 2024 (Gmt+09:00)
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Corporate investment
Etech System attracts $130 mn investment
South Korea's integrated IT solution consulting company Etech System attracted an investment of 180 billion won ($130 million) from private equity f...
Apr 29, 2024 (Gmt+09:00)
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Steel
POSCO DX builds logstics system for fulfillment center
POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Monday that it established the first fulfillme...
Apr 29, 2024 (Gmt+09:00)
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Earnings
Kia logs record profit, revenue in Q1 on weak won
Kia Corp., the second-largest automaker in South Korea, posted record quarterly profit and revenue for the first three months of this year, backed b...
Apr 26, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM enhances maritime safety with AI technology
HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at b...
Apr 26, 2024 (Gmt+09:00)
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Short selling
Korea builds system to speed up naked short-selling ban
South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the ...
Apr 25, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to produce hybrid cars at EV-only plant in US state of Georgia
Hyundai Motor Co., South Korea’s top automaker, plans to manufacture hybrid models at its electric vehicle and battery plant in the US state o...
Apr 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai AutoEver gets CSMS Level 3 certification
South Korea's Hyundai AutoEver Corp. announced on Thursday that it obtained the international standard Cybersecurity Management System (CSMS) Level ...
Apr 25, 2024 (Gmt+09:00)
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The KED View
K-pop: Pros and cons of HYBE's multi-label system
Disputes between HYBE Co. and its label behind popular girl group NewJeans has made headlines as an almost unheard-of conflict in the K-pop industry...
Apr 24, 2024 (Gmt+09:00)
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Fiber & Textile
Toray Advanced Materials obtains AS9120 certification
Toray Advanced Materials Korea Inc. announced Wednesday that it attained the AS9120 certification for aerospace industry quality management systems ...
Apr 24, 2024 (Gmt+09:00)
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Electronics
Samsung wins multi-year built-in kitchen suite orders from Clayton
Samsung Electronics Co. is upping the ante to widen the lead in the US home appliance market with a long-term contract to provide its hyper-connecte...
Apr 23, 2024 (Gmt+09:00)
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Electronics
Samsung releases 2024 lineup of smart monitors
Samsung Electronics Co. announced on Monday that it released its 2024 lineup of smart monitors, focusing on enhancing home life usability.The new pr...
Apr 22, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis to supply $29 mn logistics automation systems
South Korea's Hyundai Glovis Co. announced on Wednesday that it signed a contract with Korea Superfreeze Inc. and EcoPro CnG to supply logistics aut...
Apr 17, 2024 (Gmt+09:00)
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Automobiles
Autech enters silver car market for seniors
South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for seniors. It al...
Apr 17, 2024 (Gmt+09:00)
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Private equity
Affinity to buy SK Rent-a-Car at $572 mn, more deals expected
Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...
Apr 16, 2024 (Gmt+09:00)
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Automobiles
Hyundai’s Genesis: Vehicle evolution from comfort to driving fun
Hyundai Motor Co.'s premium brand Genesis, once derided as a Lexus copycat, is emerging as a breadwinner for the top South Korean automaker and a mo...
Apr 15, 2024 (Gmt+09:00)
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Automobiles
LG, Hyundai seek to deepen vehicle system partnership
LG Group units, including LG Electronics Inc. and LG Innotek Co., are in talks with Hyundai Motor Group to expand collaboration on vehicle systems, ...
Apr 15, 2024 (Gmt+09:00)
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Batteries
SK On, Siemens DISW to build smart factory system
South Korean rechargeable battery maker SK On Co. signed a memorandum of understanding (MOU) with Siemens Digital Industries Software (Siemens DISW)...
Apr 15, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis to unveil crab-walking car in S.Korea
South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it will participate in the 37th I...
Apr 12, 2024 (Gmt+09:00)
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Machinery
POSCO DX to develop self-driving unmanned facilities
POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Thursday that it signed a memorandum of unde...
Apr 11, 2024 (Gmt+09:00)
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Electric vehicles
Kia to boost hybrid lineup to lead eco-friendly car market
Kia Corp., South Korea’s second-largest automaker, plans to strengthen its hybrid lineup and launch cheaper electric vehicles to lead the glob...
Apr 05, 2024 (Gmt+09:00)
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Machinery
Hyundai Commercial to enter online used equipment auction business
Hyundai Commercial Inc., Hyundai Motor Group's vehicle financing arm, announced on Friday that it has signed a business agreement with HD Hyundai Co...
Apr 05, 2024 (Gmt+09:00)
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Electronics
Bespoke Samsung home devices make chores easier, smarter
With Samsung Electronics Co.'s new bespoke AI induction stove, there is no need to keep checking the burner for fear of food boiling over while simm...
Apr 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus, Mobirix to jointly develop car infotainment
South Korea's LG Uplus Corp. announced on Tuesday that it signed a memorandum of understanding (MOU) with the domestic mobile game developer Mobir...
Apr 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor opens N brand tuning online shop
Hyundai Motor Co. announced on Friday that it opened an online shop for its high-performance car N brand's tuning, The N Performance Shop. The ...
Mar 29, 2024 (Gmt+09:00)
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Automobiles
Kia, Hyundai sweep World Car Awards with EV9, IONIQ 5 N
NEW YORK – Hyundai Motor Group, the world’s No. 3 carmaker, has swept the 2024 World Car Awards, a global premier standard for automotiv...
Mar 28, 2024 (Gmt+09:00)
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Batteries
Ferrari, SK On team up to innovate battery technology
Ferrari S.p.A. joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell technology as the It...
Mar 27, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Networks prepares to put SK Rent-a-Car on market
SK Networks Co. is preparing to put SK Rent-a-Car Co. on the market in a deal worth an estimated 600 billion won ($448 million) as part of efforts t...
Mar 26, 2024 (Gmt+09:00)