hmg driving center
Scope
Date
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Samsung Group
Samsung Heavy succeeds in autonomous navigation system demonstration
Samsung Heavy Industries Co. announced on Thursday that it successfully completed the demonstration of its autonomous navigation capabilities in the...
Nov 24, 2022 (Gmt+09:00)
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Korean SMEs
Korean ministry, Incheon airport to develop distribution center for SMEs
The Korea SMEs and Startup Agency (KOSME) and Incheon International Airport Corp. (IIAC) on Wednesday announced their signing of a contract to bui...
Nov 24, 2022 (Gmt+09:00)
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Bio & Pharma
JW Pharmaceutical relocates US research center from Seattle to Boston
JW Pharmaceutical announced on Wednesday that it has relocated its US research center to Boston from San Diego. JW Theriac was first establishe...
Nov 23, 2022 (Gmt+09:00)
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Travel & Leisure
MZers drive Korea's indoor golf facility pandemic boom
Indoor golf facilities’ revenue in South Korea has skyrocketed amid the pandemic, thanks to millennials and Generation Zers' soaring consumpti...
Nov 21, 2022 (Gmt+09:00)
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Korean startups
Deeping Source turns visual data into info that drives business decisions
Deeping Source Inc., an artificial intelligence (AI) analytics startup, turns real-life visual data into insight that can drive business decisions.&...
Nov 20, 2022 (Gmt+09:00)
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Earnings
LG CNS earns $2.3 billion in year's first 3 quarters
South Korea's information and communications technology (ICT) corporation LG CNS, which seeks an initial public offering (IPO), has set a company re...
Nov 15, 2022 (Gmt+09:00)
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Logistics
Hyundai Mobis to build $69 mn integrated logistics center in Korea
South Korea’s largest auto parts maker Hyundai Mobis Co. said on Thursday it will spend 94.8 billion won ($69 million) to build an integrated ...
Nov 10, 2022 (Gmt+09:00)
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Logistics
Internet giant Naver to introduce same-hour delivery by year’s end
South Korea’s internet giant Naver Corp. plans to introduce same-hour delivery service by year’s end. Naver CEO Choi Soo-yeon ann...
Nov 07, 2022 (Gmt+09:00)
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Earnings
Kakao's Q3 profit drops 12% on games, data center construction
South Korea’s mobile platform giant Kakao Corp. announced its third-quarter earnings on Nov. 3, including quarterly operating profit of 150.3 ...
Nov 04, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung sets sights on new chips for self-driving homes on wheels
For decades, Samsung Electronics Co. has been a household name in the semiconductor industry, making chips that work like the human brain for comput...
Nov 03, 2022 (Gmt+09:00)
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Perspectives
Korea should open retail electricity market for renewables
South Korea on Oct. 26 officially launched the carbon neutrality commission based on laws for green growth, which took effect last March, amid the g...
Nov 01, 2022 (Gmt+09:00)
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Culture & Trends
Korea must embrace diversity to sustain K-culture: Sam Richards
When Penn State University sociology professor Sam Richards introduced Korean pop culture into his lectures three years ago, he compared its power t...
Oct 25, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Hansol Group, KAIST to launch new tech, AI research center
South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...
Oct 13, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s Trailer Drone concept wins top Red Dot design award
South Korea’s top automaker Hyundai Motor Co. said on Friday its Trailer Drone, a fully autonomous hydrogen mobility concept, has won the top ...
Sep 30, 2022 (Gmt+09:00)
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Real estate
IGIS Asia, Quadreal to form JV for warehouse development in Korea
IGIS Asia Investment Management Pte., the Singapore-based subsidiary of South Korea’s largest real estate manager IGIS Asset Management, and V...
Sep 28, 2022 (Gmt+09:00)
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Automobiles
Self-driving startup 42dot unveils driverless shuttle
South Korea's autonomous transportation startup 42dot, owned by Hyundai Motor Group, on Monday unveiled a driverless electric shuttle installed with...
Sep 26, 2022 (Gmt+09:00)
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Construction
Bosung attracts $2 bn investment from TGK for Korea's largest data center
South Korea’s Bosung Group has attracted $2 billion from TGK Inc., a US infrastructure company, for its planned construction of Korea’s ...
Sep 23, 2022 (Gmt+09:00)
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Real estate
Korean warehouse project financing on brink of debt crisis
Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construction projects and ban...
Sep 21, 2022 (Gmt+09:00)
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Future mobility
Korea unveils autonomous driving, commercial drone service roadmap
South Korea aims to launch advanced autonomous driving, commercial drone and other urban air mobility services by 2025, as the country strives to be...
Sep 19, 2022 (Gmt+09:00)
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Korean startups
Startup minister vows to support Korean firms' entry into overseas markets
South Korea’s startup minister Lee Young vowed to support the country’s startup ecosystem on Sunday, during her tour to the United State...
Sep 19, 2022 (Gmt+09:00)
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Automobiles
Drivers try racing Hyundai’s latest models at Asia’s largest driving center
The HMG Driving Experience Center, which is set to open on Sept. 16, will offer the general public an opportunity to try out aspects of professional...
Sep 16, 2022 (Gmt+09:00)
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Real estate
Singapore's GIC sees its Seoul-based properties' values rise
Singapore’s sovereign wealth fund GIC is seeing the two Seoul-based landmarks it owns, Gangnam Finance Center and Seoul Finance Center, bring ...
Sep 13, 2022 (Gmt+09:00)
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Artificial intelligence
LG AI center joins forces with Parsons School for creative AI development
South Korea’s LG Corp. announced it signed an academic collaboration agreement with the New York City-based Parsons School of Design on Monday...
Sep 13, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Hyundai Motor, KT in $540 million share swap deal for future mobility
South Korea’s Hyundai Motor Group and telecom giant KT Corp. have agreed to expand their future mobility partnership through a 750 billion won...
Sep 07, 2022 (Gmt+09:00)
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Automobiles
Hyundai opens Asia’s largest driving center in S.Korea
Hyundai Motor Group, South Korea’s top automaker, on Wednesday opened the largest driving center in Asia to showcase the performance of its ve...
Sep 07, 2022 (Gmt+09:00)
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Chemical Industry
LG Chem to build carbon nanotube Plant 4 for EV batteries
LG Chem Ltd., South Korea’s chemicals giant, is set to build the world’s largest single-line carbon nanotube (CNT) manufacturing plant i...
Aug 30, 2022 (Gmt+09:00)
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Carbon neutrality
Lotte Group to donate $10.4 mn to KAIST to build R&D, design centers
Lotte Corp. announced on Monday that it will donate 14 billion won ($10.4 million) to the prestigious Korea Advanced Institute of Science and Techno...
Aug 29, 2022 (Gmt+09:00)
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Automobiles
Hyundai narrows Level 3 self-driving tech gap with Tesla to one year
South Korea’s top automaker Hyundai Motor Co. has narrowed its technology gap in Level 3 self-driving vehicles with Tesla Inc. to one year, mo...
Aug 29, 2022 (Gmt+09:00)
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Construction
SK Ecoplant to supply fuel cells to China’s top data center operator GDS
South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...
Aug 23, 2022 (Gmt+09:00)
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Blockchain
S.Korean firms adopt the x-to-earn model for data, community building
South Korean companies are embracing the x-to-earn (X2E) business model, by which users earn rewards by playing online games and accomplishing other...
Aug 19, 2022 (Gmt+09:00)