kia lec in-game drop
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Sports
Hyundai renews FIFA sponsorship; Boston Dynamics, Supernal join
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, said on Friday they have extended their FIFA partnerships through ...
May 26, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Shift Up scouts former OpenAI engineer
South Korea's game develop and design studio Shift Up has hired AI developer Kim Tae-hoon, who hails from Silicon Valley, to enhance its game artifi...
May 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s direct investment abroad hits record high in Q1 2023
South Korea’s net international investment position (NIIP) increased in the first quarter on the country’s record-high direct investment...
May 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia team up with 11 universities for vehicle electrification
South Korean auto giant Hyundai Motor Co. and its sister company Kia Corp. are joining forces with leading South Korean universities to pioneer adva...
May 24, 2023 (Gmt+09:00)
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Economy
S.Korea's economy no longer supported by China: BOK head
South Korea’s central bank chief said on Monday the local economy is no longer supported by China given the sustained decline of its exports t...
May 22, 2023 (Gmt+09:00)
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Regulations
Korea to require pre-disclosure of major shareholder stake sales
South Korea is set to require pre-disclosures of major shareholders’ listed company stake sales in an aim to prevent tumbles in stock prices.A...
May 17, 2023 (Gmt+09:00)
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Automobiles
Kia offers up to $7,500 in incentives in US for leasing EV6
South Korea's Kia Corp. is offering discounts of up to $7,500 in the US for leasing its electric compact crossover SUV line EV6 to boost its price c...
May 17, 2023 (Gmt+09:00)
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Automobiles
Hyundai Wia starts to produce coolant hub module
Hyundai Wia Corp., an auto parts unit of Hyundai Motor Group, is making a full-scale entry into the market for electric vehicle thermal management s...
May 16, 2023 (Gmt+09:00)
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Korean games
Political crypto scandal hits Korean P2E game deregulation hopes
A South Korean lawmaker’s scandal over ownership of cryptocurrencies, including those issued by domestic game developers, is expected to jeopa...
May 15, 2023 (Gmt+09:00)
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Earnings
Nexon beats major Korean rivals with China market, PC games
Gaming giant Nexon Co. is dwarfing major South Korean rivals thanks to its success in China and PC titles.Nexon, a South Korean-Japanese game publis...
May 12, 2023 (Gmt+09:00)
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Future mobility
Kia, Kakao Mobility to jointly develop PBV for ride-hailing
Kia Corp. and Kakao Mobility announced on Friday that they have signed the previous day a memorandum of understanding for the development of a purpo...
May 12, 2023 (Gmt+09:00)
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COVID-19
Korea to lift most COVID-19 rules with lower crisis level
South Korean President Yoon Suk Yeol on Thursday declared an end to most COVID-19 restrictions including mandatory quarantine for patients of the pa...
May 11, 2023 (Gmt+09:00)
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Economy
S.Korea’s chronic disease: Decline in youth employment
The number of young workers in South Korea fell for a sixth straight month in April to its lowest point in more than two years, deepening concerns t...
May 10, 2023 (Gmt+09:00)
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Economy
S.Korea to see 240K drop in number of manufacturing workers by 2032
The number of workers in South Korea's manufacturing sector is expected to drop by 240,000 over the next 10 years, a report says, caused by the decl...
May 10, 2023 (Gmt+09:00)
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Business & Politics
Hyundai Motor, Kia to receive 25% tax credit for EV plant spending
ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its planned investment in a...
May 09, 2023 (Gmt+09:00)
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Korean games
S.Korea's game companies wage intense war in MMORPG sector
South Korea's massively multiplayer online role-playing games (MMORPG), a mainstream genre in domestic games, is showing signs of an increasingly he...
May 09, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Celltrion drops bid to acquire Baxter’s biopharm unit
Celltrion Inc. announced on Tuesday it has decided not to pursue the acquisition of the biopharmaceutical unit of U.S. medical device maker Baxter I...
May 09, 2023 (Gmt+09:00)
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Korean games
WeMade discusses first console game with Microsoft
South Korea's video game developer WeMade Co. on Monday said it is discussing cooperation with Microsoft in areas like WeMade's release of a console...
May 08, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution drops to third on global market for EV battery in Q1
South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...
May 04, 2023 (Gmt+09:00)
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Batteries
EcoPro BM share drops as falling material costs forecast to hurt revenue
EcoPro BM Co., the top stock on South Korea’s junior bourse Kosdaq, declined on Wednesday as some brokerage houses have downgraded the shares ...
May 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia’s brisk April sales bode well for stellar Q2
The second-quarter earnings outlook for South Korea’s biggest automaker Hyundai Motor Co. and its sister company Kia Corp. looks rosy as eased...
May 03, 2023 (Gmt+09:00)
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Korean games
Simple, retro: Korean game sector’s new target for growth
Once-popular games for feature phones in the 2000s are seeing a revival in South Korea on the growing demand for simple and easy titles for smartpho...
May 02, 2023 (Gmt+09:00)
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Automobiles
Kia to take pre-orders for electric SUV EV9
Kia Corp. announced on Wednesday that it will begin taking pre-orders for the "Kia EV9." The EV9 is Kia's second dedicated electric vehicle based on...
May 02, 2023 (Gmt+09:00)
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Korean games
Will Night Crows be Korean game developer WeMade’s savior?
WeMade Co. on Thursday officially launched Night Crows, a new massively multiplayer online roleplaying game (MMORPG), in South Korea as the major do...
Apr 28, 2023 (Gmt+09:00)
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Korean games
DevSisters starts pre-booking Cookie Run: Kingdom in China
South Korean game developer DevSisters Corp. announced on Friday that its globally popular mobile game "Cookie Run: Kingdom" has opened pre-registra...
Apr 28, 2023 (Gmt+09:00)
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Food & Beverage
Dongwon Group drops bid to take over McDonald’s Korea
Dongwon Group has canceled its bid to take over McDonald's franchise in South Korea."We reviewed the takeover of McDonald's Korea but our conclusion...
Apr 27, 2023 (Gmt+09:00)
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Earnings
Kia expects stellar Q2 after reporting record operating profit in Q1
Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...
Apr 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia invest $746.3 billion more in 42dot
Hyundai Motor Co. and Kia Corp. will inject 1 trillion won ($746.3 billion) of funds into 42dot, a self-driving vehicle subsidiary of Hyundai Moto...
Apr 26, 2023 (Gmt+09:00)
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Blockchain
WeMade signs MOU with Ministry of Investment Saudi Arabia
South Korea's game publisher WeMade Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with the Ministry of Investment ...
Apr 25, 2023 (Gmt+09:00)
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Electronics
Samsung, MS open Gaming Hubs in London, New York
Samsung Electronics Co. has partnered with Microsoft to launch gaming hubs in the heart of London and New York. The two companies have installed Sam...
Apr 25, 2023 (Gmt+09:00)