high end cars
Scope
Date
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Retail
Korea’s tourism industry pins high hopes on return of Chinese big spenders
BEIJING – China’s official announcement to lift its ban on group tourists’ travel to South Korea will likely be a boon for the tra...
Aug 10, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis to secure additional 12 car transport vessels by 2025
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to secure an additional 12 vehicle transport vessels by 202...
Aug 09, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience buys 6.5 million Novavax shares for $83.4 million
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, said on Wednesday it has signed a deal to buy 6.5 million shares in US vacc...
Aug 09, 2023 (Gmt+09:00)
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Batteries
LG Energy, Huayou Cobalt set up battery recycling JV in China
LG Energy Solution Ltd., the world’s No. 2 battery maker, and Zhejiang Huayou Cobalt Co., the global refined cobalt leader, have launched a ce...
Aug 08, 2023 (Gmt+09:00)
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Carbon neutrality
S.Korea, Laos boost partnership in global drive to cut CO2 emissions
South Korea's Ministry of Trade, Industry and Energy on Tuesday held talks with Laos' Ministry of Natural Resources and Environment at the Seoul hea...
Aug 08, 2023 (Gmt+09:00)
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Earnings
KT earnings beat estimates in Q2; shares hit 6-month high
KT Corp., South Korea’s leading telecommunications carrier, reported better-than-expected earnings in the second quarter on strong results for...
Aug 07, 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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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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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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Automobiles
Kia America’s new normal: Record car sales month after month
Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...
Aug 02, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia firm up ranking as world's 3rd; first-half profits improve
South Korea’s top automaker Hyundai Motor Group solidified its position as the world’s third-largest carmaker with improved profit margi...
Jul 31, 2023 (Gmt+09:00)
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Automobiles
Volvo tops S.Koreans’ favorite foreign car survey list for service
Sweden's Volvo offers the best after-sales service among imported automobile dealers in South Korea, while locals drivers are disappointed by the cu...
Jul 30, 2023 (Gmt+09:00)
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Retail
Goyard bags high on SE Asians’ shopping list in S.Korea
Goyard outlets in Seoul bustled with shoppers on Friday, especially from Southeast Asia, looking for the French luxury brand’s popular bags: G...
Jul 28, 2023 (Gmt+09:00)
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Electronics
Samsung pins high hopes on new Galaxy Z foldables
Foldable phones will likely account for one-third of Samsung Electronics Co.'s domestic sales of its flagship Galaxy smartphone series this year, le...
Jul 28, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea in June sets post-COVID-19 monthly high in foreign visitors
The (South) Korea Tourism Organization (KTO) on Friday said 961,000 foreign visitors came to the country last month, a 321.9% jump from June last ye...
Jul 28, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha poised to secure Australian armored vehicle deal
Hanwha Aerospace Co. has taken a step closer to clinching an Australian armored vehicle supply contract as the government chose the South Korean def...
Jul 27, 2023 (Gmt+09:00)
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Earnings
Hyundai Steel extends profit streak in Q2 on brisk auto steel sales
Hyundai Steel Co., South Korea’s second-largest steelmaker, plans to ramp up automotive and eco-friendly steel production after posting an ope...
Jul 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor lifts guidance after record-high Q2 results
South Korea’s Hyundai Motor Co. on Wednesday posted its highest-ever quarterly profit, which came in above market expectations, driven by robu...
Jul 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai launches high-performance brand New Avante N
South Korea's Hyundai Motor Co. on Wednesday unveiled the latest version of its high-performance N brand's flagship model, the "New Avante N".The hi...
Jul 26, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace to develop fighter jet engine materials
South Korea’s Hanwha Aerospace Co. is set to develop fighter jet engine materials able to resist flames of more than 1,500 degrees Celsius, wh...
Jul 26, 2023 (Gmt+09:00)
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Corporate investment
S.Korea relies heavily on Samsung Elec for R&D spending: FKI
South Korea’s corporate expenditures on research and development grew 1.7 times from 2013 to 2021, much slower than such spending by the US an...
Jul 25, 2023 (Gmt+09:00)
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Bio & Pharma
Huons’ overseas market expansion leads to record-high sales
South Korea's Huons Group is continuing its record-breaking performance while expanding its influence in the global market.According to Huons Group ...
Jul 25, 2023 (Gmt+09:00)
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Automobiles
Kia unveils The New Sorento's design
Kia Corp. unveiled "The New Sorento," the latest model of their mid-sized sports utility vehicle (SUV) on Tuesday. The redesigned SUV reflects Kia's...
Jul 25, 2023 (Gmt+09:00)
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Automobiles
End of an era: Hyundai, Kia say goodbye to diesel-powered Porters, Bongos
Hyundai Motor Co. and Kia Corp. will cease manufacturing diesel-powered compact trucks in November and replace them with liquefied petroleum gas (LP...
Jul 24, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics launches 89-inch Micro LED TV
Samsung Electronics Co. announced on Sunday that it launched an 89-inch Micro LED TV model in the South Korean market. This product is Samsung's hig...
Jul 24, 2023 (Gmt+09:00)
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Batteries
EcoPro to log record-high foreign net purchases in July
South Korean battery materials maker EcoPro Co., the stock price of which has soared more than nine times on the junior bourse Kosdaq since Januar...
Jul 23, 2023 (Gmt+09:00)
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Bio & Pharma
SK Chemicals to supply diabetes drugs to AstraZeneca Korea
SK Chemicals Co., a South Korean chemicals maker and drug developer, said on Thursday it has signed a contract to supply diabetes medications to glo...
Jul 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to advance future mobility with nanotechnology
Hyundai Motor Group, which seeks to pivot from a fast follower to a game changer in the global auto sector, has unveiled advanced materials technolo...
Jul 20, 2023 (Gmt+09:00)
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Food & Beverage
Wine bubble bursts in S.Korea as whisky frenzy grows
The South Korean fever for wine has cooled, with its imports down in the first half for a second straight year as the popularity of whisky among you...
Jul 19, 2023 (Gmt+09:00)