elantra hyundai best selling us
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Automobiles
Hyundai unveils IONIQ 5 N concept NPX1 in Japan
Hyundai Motor Co. announced on Friday that it unveiled the high-performance electric vehicle (EV) IONIQ 5's N Performance Concept model NPX1 for the...
Jan 12, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Hyundai, Samsung-backed startups vie for spotlight at CES
LAS VEGAS – At CES, big tech names often take center stage but this is also a dream place for underdogs to become rising stars with unconventi...
Jan 11, 2024 (Gmt+09:00)
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Batteries
Hyundai Motor in deal to secure lithium hydroxide from China’s Chengxin
South Korea’s top automaker Hyundai Motor Group has agreed to secure lithium hydroxide, a key raw material for electric vehicle batteries, fro...
Jan 11, 2024 (Gmt+09:00)
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Samsung Group
Samsung heirs tap $2.1 bn block sale for inheritance taxes
The heirs of late Samsung Group Chairman Lee Kun-hee are seeking to sell their shares in Samsung Electronics Co. and other Samsung affiliates worth ...
Jan 10, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion applies for interchangeability of Yuflyma in US
South Korea's Celltrion Inc. announced on Wednesday that it has applied to the US Food and Drug Administration (FDA) for a modified approval to repl...
Jan 10, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Supernal debuts upgraded flying-car concept; Hyundai reveals MOBION
LAS VEGAS – Supernal LLC, the US-based urban air mobility (UAM) affiliate of South Korea’s Hyundai Motor Group, has unveiled its latest ...
Jan 10, 2024 (Gmt+09:00)
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Bio & Pharma
Korea's JLK targets AI-based stroke care market in US
South Korea’s JLK Inc., an AI-based stroke care platform maker, will go all out to build its foothold in the US this year, aiming to lift its ...
Jan 10, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Hyundai’s 42dot, Samsung to develop AI-powered SDV platform
LAS VEGAS – Hyundai Motor Group’s self-driving technology unit 42dot Inc. will develop an artificial intelligence-powered software-defin...
Jan 10, 2024 (Gmt+09:00)
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Bio & Pharma
Kobiolabs gets US patent for oral obesity drug candidate
Kobiolabs Co., a South Korean microbiome-based new drug development company, announced on Wednesday that it has a patent for Roseburia intestinalis ...
Jan 10, 2024 (Gmt+09:00)
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Food & Beverage
Daesang launches kimchi paste, spread for US, Europe
South Korea's Daesang Corp. announced on Wednesday that it has launched two new global products, "Do-it-yourself Kimchi Paste" and "Kimchi Spread."T...
Jan 10, 2024 (Gmt+09:00)
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Earnings
Disappointing LG Energy earnings dim outlook amid weak EVs
LG Energy Solution Ltd., the world’s second-largest battery maker, disappointed investors with quarterly earnings on the sluggish global elect...
Jan 09, 2024 (Gmt+09:00)
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Energy
Qcells, Microsoft strike 12GW solar panel deal
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group also known as Qcells in overseas market...
Jan 09, 2024 (Gmt+09:00)
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Construction & Planning
US tops Korea’s overseas construction orders in 2023
South Korea bagged more than $30 billion in overseas construction orders last year for the fourth consecutive year, mainly driven by a rise in order...
Jan 08, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to invest an additional $744 mn in Indian hydrogen biz
Hyundai Motor Co., South Korea’s top automaker, is set to invest an additional $744 million in India for a hydrogen ecosystem to lead the futu...
Jan 08, 2024 (Gmt+09:00)
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Bio & Pharma
LG Chem out-licenses obesity drug candidate to US firm
LG Chem Ltd. has agreed to license out a rare genetic obesity drug candidate in phase 2 clinical trials to Rhythm Pharmaceuticals Inc., a US biotech...
Jan 05, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai, Kia join hands with Gore to develop hydrogen fuel cell material
South Korea’s top automaker Hyundai Motor Group said on Friday it has signed an agreement with W. L. Gore & Associates Inc., a US material...
Jan 05, 2024 (Gmt+09:00)
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Automobiles
BMW overtakes Mercedes-Benz as top-selling foreign carmaker in S.Korea
BMW has overtaken Mercedes-Benz in the South Korean market, regaining the top spot in the foreign automobile sales segment for the first time in eig...
Jan 05, 2024 (Gmt+09:00)
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Short selling
Korea’s top regulator detects more foreigners’ naked shorting
South Korea’s top financial regulator is detecting more circumstances of naked short-selling worth tens of millions of dollars by foreign inve...
Jan 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia post record US sales in 2023, to rank 4th in US
South Korea’s Hyundai Motor Group saw its vehicle sales in the US rise to an all-time high in 2023, driven by its latest models of recreationa...
Jan 04, 2024 (Gmt+09:00)
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Future mobility
Samsung, Hyundai Motor in joint push for connected cars
Samsung Electronics Co. will connect its smart home devices with the in-vehicle infotainment systems of Hyundai and Kia cars, including electric veh...
Jan 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG to inject $700 million in startups in West Virginia
CHARLESTON, WV – LG Electronics Inc. will form a fund with the State of West Virginia to inject $700 million over the next five years to foste...
Jan 04, 2024 (Gmt+09:00)
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Korean games
Nexon fined over MapleStory in-game item selling
South Korea’s online game developer Nexon Korea Corp. was fined 11.6 billion won ($8.9 million) for allegedly misleading its customers over in...
Jan 03, 2024 (Gmt+09:00)
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Electronics
LG OLED TV named Best TV in US
LG Electronics Inc. 's organic light emitting diode (OLED) evo 65G3 was named as Best TVs Overall in the Consumer Reports' Best TVs of 2024, accordi...
Jan 03, 2024 (Gmt+09:00)
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Bio & Pharma
Medytox establishes US subsidiary Luvantas
South Korean pharmaceutical company Medytox Inc. announced on Wednesday that its establishment of the US subsidiary Luvantas.The goal is the global ...
Jan 03, 2024 (Gmt+09:00)
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Bio & Pharma
CGBio gets FDA approval for Novosis Putty
South Korea's bio-regenerative medical firm CGBio announced on Tuesday that its Novosis Putty has been designated as a breakthrough device by the US...
Jan 02, 2024 (Gmt+09:00)
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Energy
KEPCO sells 15% stake in KEPCO E&C for $269 million
Korea Electric Power Corp. (KEPCO), South Korea’s state-owned utility company grappling with mounting losses, has secured additional funds of ...
Jan 02, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $1.5 bn order for FLNG
South Korea's shipbuilder Samsung Heavy Industries announced on Tuesday that it has secured an order for one floating liquefied natural gas (FLNG) p...
Jan 02, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Celltrion to sell portfolio of Takeda drugs to CBC Group
South Korea’s Celltrion Inc. will divest of a portfolio of Takeda Pharmaceutical's prescription medicines sold in Asia to CBC Group, a Singapo...
Jan 01, 2024 (Gmt+09:00)
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Chemical Industry
S.Korean refiners’ race for EV lubricants heats up
South Korean major refiners are upping the ante to win the market for electric vehicle lubricants and liquid coolants for heat management amid the r...
Dec 31, 2023 (Gmt+09:00)
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Future mobility
42dot to lead Hyundai Group's in-vehicle software R&D
Hyundai Motor Group’s self-driving technology arm 42dot Inc. will absorb the electronics, infotainment and autonomous driving technology divis...
Dec 29, 2023 (Gmt+09:00)