high-performance car
Scope
Date
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Korean startups
Germany's ZF to invest in Korean self-driving startup
Germany's car parts maker ZF Friedrichshafen is in the final stages of negotiations to invest around 20 billion won ($17 million) in StradVision, a ...
Dec 28, 2021 (Gmt+09:00)
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IPOs
Korea’s IPO market renews record highs
South Korea’s initial public offering market continues to rewrite history this year. More than 20 million people have participated in the...
Dec 27, 2021 (Gmt+09:00)
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Automobiles
S.Korea's car output tumbles to lowest in 17 years
South Korea's car output in 2021 is estimated to have tumbled to its lowest level in 17 years as a global shortage of semiconductors slowed down pro...
Dec 27, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai revs up shares in Korean EV parts makers
South Korea's electric vehicle components market is heating up as top automaker Hyundai Motor Group accelerates its transformation into an EV manu...
Dec 24, 2021 (Gmt+09:00)
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Electronics
LG Innotek shares surge on anticipation of Apple Car, new iPhone
Shares of Korean companies supplying parts to Apple rose sharply on Thursday. The jump comes on the back of robust iPhone sales and buzz that the ...
Dec 24, 2021 (Gmt+09:00)
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IPOs
Korea’s No. 2 art auction house to go public in Jan
K Auction, South Korea’s No. 2 art auction house, is set to go public in January 2022 as it aims to court the domestic leader Seoul Auction Co...
Dec 16, 2021 (Gmt+09:00)
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Airlines
Korean Air to fly high on China’s cargo conversion ban
Korean Air Lines Co. is expected to benefit from China’s ban on conversion of airliners into freighters since the measure is likely to further...
Dec 16, 2021 (Gmt+09:00)
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Automobiles
Hyundai, Kia, Genesis sweep car of the year awards in 2021
Hyundai Motor Group’s major auto brands have won a record number of top global awards and industry accolades this year in recognition of its e...
Dec 16, 2021 (Gmt+09:00)
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Monthly trade infographics
Kimchi on track for first trade surplus in 12 years
Kimchi exports hit record high Kimchi, Korea’s traditional fermented food, is raising its status in the global food market. Korea exported $1...
Dec 09, 2021 (Gmt+09:00)
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Future mobility
Hyundai Mobis to unveil two future concept cars via metaverse at CES 2022
South Korea’s largest auto parts maker Hyundai Mobis Co. said on Wednesday it is unveiling two future mobility concept cars at the upcoming CE...
Dec 08, 2021 (Gmt+09:00)
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Fiber & Textile
Korea textiles reborn as eco-friendly, high-tech
South Korea’s textile sector is reviving as a high value-added growth business with advanced technology. The business, once a leading industry...
Dec 08, 2021 (Gmt+09:00)
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Automobiles
Hyundai to bolster in-car video services with CJ ENM
Drivers of Hyundai Motor Co. and Kia Corp. are set to enjoy their favorite original TV shows and dramas in-vehicle in near real-time, created by Sou...
Dec 08, 2021 (Gmt+09:00)
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AgTech
Korea sets up smart farm in UAE, envisions more projects in Middle East
South Korea is building a smart farm in the Middle East desert with technology enabling the growth of various crops while minimizing water consumpti...
Dec 07, 2021 (Gmt+09:00)
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Economy
S.Korea's Oct c/a surplus down 40% on oil price rises
South Korea's current account surplus in October narrowed by 40% from a year earlier, with the rapid rise in crude oil and raw material prices offse...
Dec 07, 2021 (Gmt+09:00)
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Economy
Korea 2021 GNI per capita to top $35,000 to record high
South Korea’s gross national income (GNI) per capita is expected to surpass $35,000 to a record high this year on strong economic growth, surg...
Dec 06, 2021 (Gmt+09:00)
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Automobiles
Hyundai Genesis, Kia attract record customers in US
Hyundai Motor Co.’s premium car brand Genesis and its affiliate Kia Corp. have logged record sales in the US so far this year, helping Hyundai...
Dec 02, 2021 (Gmt+09:00)
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Batteries
POSCO Chemical, GM to launch new battery material JV in US
South Korea’s POSCO Chemical Co. said on Thursday it is forming a new joint venture with US top automaker General Motors Co. to produce cathod...
Dec 02, 2021 (Gmt+09:00)
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Economy
Korea’s November exports top $60 bn for first time to fresh high
South Korea’s exports in November exceeded $60 billion for the first time in terms of monthly shipments to an all-time high, although caution ...
Dec 01, 2021 (Gmt+09:00)
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Future mobility
Hyundai Mobis unveils foldable steering wheel
South Korea’s Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has unveiled a foldable steering wheel along with other technologi...
Dec 01, 2021 (Gmt+09:00)
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Automobiles
Hyundai named Top Gear’s carmaker of the year; i20 N car of the year
Hyundai Motor Co. has been named the 2021 manufacturer of the year by BBC Top Gear, a prestigious British auto magazine, in recognition of the South...
Dec 01, 2021 (Gmt+09:00)
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Electric vehicles
IONIQ 7 to beome home on wheels with LG appliances
Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...
Nov 29, 2021 (Gmt+09:00)
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Alternative investments
Global cities with young elites will survive in long term, RXR chairman says
Now it is time to invest in e-commerce, healthcare and multifamily housing, or the so-called three megatrends, which have increased in demand during...
Nov 26, 2021 (Gmt+09:00)
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Korean startups
NFT, metaverse shares face correction, hit by high valuations
Financial shares related to the metaverse and non-fungible tokens, which have been on a surge in recent weeks, are seeing a correction. With forei...
Nov 23, 2021 (Gmt+09:00)
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Batteries
Korea copper foil makers on bull run amid demand hopes
South Korean stocks related to secondary batteries, especially shares in cathode and anode materials producers, have rallied on strong growth in the...
Nov 19, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia stun LA auto show with SEVEN, EV9 concept cars
Hyundai Motor Co. and sister firm Kia Corp. on Thursday unveiled their latest concept sport utility vehicles at the Los Angeles Auto Show as the two...
Nov 18, 2021 (Gmt+09:00)
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Bio
K-bio's out-licensing this year reaches $9.3 bn
Overseas technology transfers from South Korean biotechs and pharmaceutical manufacturers this year have exceeded 11 trillion won ($9.3 billion), al...
Nov 18, 2021 (Gmt+09:00)
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Entertainment
BTS, TWICE to lead restart of K-pop global live concerts
K-pop artists such as BTS and TWICE are set to resume global live concerts – suspended by the global pandemic for about two years – as c...
Nov 17, 2021 (Gmt+09:00)
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Earnings
Mirae Asset Global Investments posts record-high Q1-Q3 net profit
Mirae Asset Global Investments Co. announced on Nov. 15 that its operating profit and net profit for the first three quarters came in at 312.4 bil...
Nov 16, 2021 (Gmt+09:00)
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Automobiles
Global carmakers deliver unfinished cars due to chip shortage
Global carmakers are now delivering unfinished cars, or vehicles without popular convenience features such as USB ports, to appease customers runnin...
Nov 15, 2021 (Gmt+09:00)
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Steel
POSCO to quadruple steel sheet production for eco-friendly cars
South Korean steelmaking giant POSCO Co. is slated to quadruple its production of non-grain-oriented electrical steel sheet, a key material in the...
Nov 15, 2021 (Gmt+09:00)
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Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer