large SUV
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Batteries
Citibank Korea provides $412 mn to POSCO for Argentine business
Citibank Korea signed on Jan. 25 a financial contract with POSCO Argentina, a subsidiary of South Korea's steel and secondary battery raw material g...
Feb 06, 2023 (Gmt+09:00)
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Automobiles
Hyundai GV70 EV to be eligible for US subsidy after classification as SUV
The sport-utility vehicle (SUV) Hyundai Genesis GV70 electric vehicle in the first half of the year is expected to be eligible for subsidies in the ...
Feb 06, 2023 (Gmt+09:00)
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Regulations
Korea to legalize security token for fractional investment
South Korea is set to allow all kinds of fractional investments next year through the legalization of a security token (ST), a digital form of tradi...
Feb 06, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung considers chip output cut as first-quarter loss looms large
Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...
Jan 27, 2023 (Gmt+09:00)
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Electronics
Samsung Display unveils touch-enabled OLED laptop PC screen
A South Korean company has developed an OLED laptop PC display with a touch function like a smartphone screen without needing a separate film attach...
Jan 25, 2023 (Gmt+09:00)
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Automobiles
Kia Sportage selected Family SUV of Year by UK auto journal
Kia Corp. said on Friday that its sport utility vehicle (SUV) Sportage has been named Family SUV of the Year by the British automotive magazine What...
Jan 20, 2023 (Gmt+09:00)
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ECM/DCM
Kakao Pay and Hanwha Aerospace likely to be added to MSCI Korea Index
South Korea's Kakao Pay Corp. and Hanwha Aerospace Co. next month are expected to get newly incorporated into the MSCI Korean Index, which measures ...
Jan 20, 2023 (Gmt+09:00)
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Construction
Hyundai E&C wins record $28.4 billion in new orders last year
South Korean builder Hyundai Engineering & Construction last year earned sales of 21 trillion won ($17 billion) thanks to growth in the domestic...
Jan 20, 2023 (Gmt+09:00)
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Automobiles
Ssangyong Motor swings to first quarterly profit in six years
South Korea’s Ssangyong Motor Co. posted its first quarterly operating profit in six years, powered by brisk sales of the Torres SUV launched ...
Jan 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai's four models selected among Car & Driver's best 10 Trucks & SUVs
Hyundai Motor Group said on Wednesday that Hyundai IONIQ5, Kia EV6, Kia Telluride, and Genesis GV70 were selected as the 2023 Best 10 Trucks & S...
Jan 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE wins this year's first LNG carrier order worth $783 million
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company of HD Hyundai Co., said on Tuesday that it recent...
Jan 17, 2023 (Gmt+09:00)
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Automobiles
Kia EV6 named SUV of the year in North America
The Kia EV6 is this year's North American Utility Vehicle of the Year of the North American Car, Truck and Utility Vehicle of the Year Awards (NACTO...
Jan 12, 2023 (Gmt+09:00)
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Retail
S.Korea resumes egg imports in 13 months due to soaring prices
As egg prices soared due to the spread of bird flu or avian influenza, the South Korean government resumed imports of eggs to ease price pressure.It...
Jan 11, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE to develop large-capacity fuel cells with Europe's research center
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai Co., has decided to develop fuel cells for mar...
Jan 09, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Pan Ocean to transport energy products for Portugal's Galp
Pan Ocean Co., the top bulk shipping company in South Korea, has received its first large-scale liquefied natural gas (LNG) carrier to provide shipp...
Jan 05, 2023 (Gmt+09:00)
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Cloud computing
KFTC acts on Amazon's large share of S.Korea's cloud market
Amazon controls around 70% of South Korea's cloud market, followed by Microsoft in second and Google and Naver Corp. fighting for third place.The Ko...
Dec 29, 2022 (Gmt+09:00)
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Automobiles
Hankook Tire supplies tires to Nissan's new X-Trail SUV
Hankook Tire & Technology said on Tuesday it would supply its ultra-high-performance sports tire Ventus S1 evo3 SUV to Nissan's fourth-generatio...
Dec 28, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor's compact SUV Kona gets bigger
Hyundai Motor Co. on Tuesday unveiled the new design of its compact SUV the new "all-new Kona."The all-new Kona is a second-generation model being i...
Dec 20, 2022 (Gmt+09:00)
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Energy
Hyundai Electric joins hands with GE to enter offshore wind power business
Hyundai Electric will advance into the offshore wind power market jointly with GE Renewable Energy.Hyundai Electric, an electric systems spinoff fro...
Dec 14, 2022 (Gmt+09:00)
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Artificial intelligence
Twelve Labs secures $12 mn for AI-powered video analysis platform
Twelve Labs Inc., a South Korean artificial intelligence-powered video search platform developer, closed its seed extension round with an additional...
Dec 06, 2022 (Gmt+09:00)
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Electronics
Taihan earns certification for extra-high voltage transmission cable
Taihan Cable & Solution said on Monday that it had completed the development of a 500-kV current cross-linked polyethylene extra-high voltage DC...
Dec 06, 2022 (Gmt+09:00)
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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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ASK 2022
KIC sees secondary and deep value investments as attractive
Korea Investment Corporation (KIC) is eyeing secondary and deep value strategies, the sovereign wealth fund’s Senior Director of Private Equit...
Oct 27, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis supplies EV modules to Mercedes in US
South Korea’s top auto parts manufacturer Hyundai Mobis Co. has begun supplying key modules for Mercedes-Benz AG’s electric vehicles pro...
Oct 18, 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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IPOs
Small caps warm up S.Korea’s chilly IPO market
Small and mid-sized companies are reviving the otherwise chilly IPO market in South Korea, which has been dragged down by weaker-than-expected deman...
Sep 29, 2022 (Gmt+09:00)
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ESG
LG embraces ESG management standards with first groupwide report
South Korea’s fourth-largest conglomerate LG is rapidly embracing environmental, social and governance standards as key criteria in evaluating...
Sep 28, 2022 (Gmt+09:00)
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Entertainment
Disney focuses on local content for global expansion
ANAHEIM, California -- The Walt Disney Co. is concentrating on local content to attract more viewers worldwide for its streaming services through do...
Sep 16, 2022 (Gmt+09:00)
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Regulations
S.Korea plans to adopt mandatory pre-disclosure of major insider trading
Executives and major shareholders of South Korea’s listed companies will be obligated to disclose their share transaction plans at least 30 da...
Sep 12, 2022 (Gmt+09:00)
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Electronics
LG Electronics to operate two lounges for OLED R monitor at Frieze Seoul
South Korean electronics giant LG Electronics Inc. will operate two lounges at the world-renowned Frieze Art Fair’s inaugural event in Seoul.&...
Aug 28, 2022 (Gmt+09:00)