the European New Car Assessment Programme
Scope
Date
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Korean chipmakers
Samsung commits $3.7 mn to chipmaking education at UT Austin
Samsung Electronics Co. has committed $3.7 million to University of Texas at Austin’s Cockrell School of Engineering to educate talent and boo...
Sep 04, 2023 (Gmt+09:00)
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Electric vehicles
LG Magna to build plant in Hungary for European EV market
MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., ha...
Sep 04, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha to showcase advanced weapons systems in Poland
South Korea’s Hanwha Group will unveil its advanced land, sea, air and space weapons systems this week at the International Defense Industry E...
Sep 04, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis to raise car shipping rates amid vehicle carrier shortage
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to raise vehicle shipping rates considering the sharp rise ...
Sep 04, 2023 (Gmt+09:00)
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Bio & Pharma
HK inno.N releases K-Cab in Singapore
South Korean bio-health company HK inno.N announced on Monday that it has released the new drug K-CAB for gastroesophageal reflux disease (GERD) in ...
Sep 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia hope to turn Indians into EV consumers
CHENNAI, INDIA – When Hyundai Motor Co. decided to establish its operations in Chennai, India, 27 years ago, many of its executives in Seoul q...
Sep 04, 2023 (Gmt+09:00)
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Metaverse
Netmarble, Hana Financial team up for metaverse service
South Korean game company Netmarble Corp. announced on Monday that it will partner with Hana Financial Group to develop new financial experiences an...
Sep 04, 2023 (Gmt+09:00)
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Fashion
CJ ENM launches domestic fashion brand of Barneys New York
CJ ENM Co., South Korea’s entertainment and e-commerce giant, has launched the domestic fashion brand Barneys New York, a luxury department st...
Sep 04, 2023 (Gmt+09:00)
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Fashion
Korea emerges as growth market, design hub for global brands
Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...
Sep 01, 2023 (Gmt+09:00)
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Aerospace & Defense
SK Telecom unveils analytics solution for UAM networks
South Korea's SK Telecom Co. disclosed its cutting-edge analytics solution and simulator specifically geared for urban air mobility (UAM) commun...
Aug 31, 2023 (Gmt+09:00)
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Batteries
SK On unveils new material to improve EV battery capacity
SK On Co., the world’s fifth-largest electric vehicle cell maker, has unveiled a new material to improve its competitiveness in the solid-stat...
Aug 31, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS to develop GenAI market with Google Cloud
South Korea’s largest cloud computing service provider LG CNS has formed a generative artificial intelligence (GenAI) alliance with Google Clo...
Aug 31, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s Coreline Soft teams up with HCK of Switzerland
South Korea's Coreline Soft, a maker of artificial intelligence (AI)-based imaging diagnostic materials, on Wednesday said it will sell its chest di...
Aug 31, 2023 (Gmt+09:00)
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Batteries
Hyundai to invest $398 mn in Korea Zinc for battery materials
Hyundai Motor Group, the global No. 3 automaker, is set to invest $398 million in Korea Zinc Inc., the world’s top lead and zinc smelter, for ...
Aug 30, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Webcash launches WeBill 365 in Cambodia
South Korea's Webcash Co. has launched its specialized billing solution "WeBill 365" in Cambodia."WeBill 365 maximizes convenience and efficiency fo...
Aug 30, 2023 (Gmt+09:00)
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Real estate
Why European real estate debt is compelling now: M&G
Real estate debt has gained recognition as a viable investment vehicle for several reasons. Firstly, investors may benefit from the security provide...
Aug 30, 2023 (Gmt+09:00)
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Automobiles
New, restyled models intensify SUV battle in S.Korea
Global automakers are racing to release new and restyled sport utility vehicles in South Korea, intensifying the battle to dominate the biggest auto...
Aug 30, 2023 (Gmt+09:00)
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Electric vehicles
France’s new EV subsidy bill may violate Korea-EU FTA: KITA
The South Korean auto industry has called for an amendment in France’s new subsidy policy for electric vehicle purchases after voicing concern...
Aug 30, 2023 (Gmt+09:00)
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Real estate
S.Korean lenders in New York luxury hotel likely to see losses
Some South Korean institutional investors may see significant losses on their investment in a hotel in the heart of New York as the developer has de...
Aug 29, 2023 (Gmt+09:00)
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K-pop
K-pop rookies, fresh boost for Korean entertainment stocks
South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...
Aug 29, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI flies FA-50 fighter jets with pride at Radom Airshow
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is stepping up its defense export marketing efforts ...
Aug 28, 2023 (Gmt+09:00)
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Bio & Pharma
Voronoi to strengthen AI-driven open innovation
South Korea’s biotechnology startup Voronoi Inc. announced on Monday that it is intensifying its artificial intelligence (AI)-driven new drug ...
Aug 28, 2023 (Gmt+09:00)
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Batteries
Korean firms fret over growing adoption of Chinese LFP batteries
South Korea’s three major battery makers – LG Energy Solution Ltd., SK On Co. and Samsung SDI CO. – are increasingly anxious about...
Aug 28, 2023 (Gmt+09:00)
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Bio & Pharma
JW Pharma to participate in S.Korea’s new drug project
South Korea's JW Pharmaceutical announced on Monday that its experimental hair loss drug, JW0061, has been selected for a two-year funding program b...
Aug 28, 2023 (Gmt+09:00)
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Retail
The Hyundai Seoul attracts 100 mn visitors in 30 months
The Hyundai Seoul, the largest shopping mall in the South Korean capital, has attracted over 100 million visitors since its opening to emerge as a h...
Aug 28, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis, Israel's Autotalks to develop V2X for self-driving cars
Hyundai Mobis Co., the world’s sixth-largest auto component maker, is slated to partner with Israeli chipset maker Autotalks Ltd. to develop 5...
Aug 27, 2023 (Gmt+09:00)
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Electric vehicles
Kia unveils design of EV5, its first China-made global electric car
Kia Corp., South Korea’s second-largest automaker, on Friday unveiled the design of the EV5, its first China-made all-electric vehicle that th...
Aug 25, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong applies for approval of Envlo in Saudi Arabia
South Korea's Daewoong Pharmaceutical Co. announced on Friday that it has submitted an application for regulatory approval of its new diabetes treat...
Aug 25, 2023 (Gmt+09:00)
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Automobiles
Genesis ranks top in J.D. Power’s new car advanced tech survey
Hyundai Motor Co.'s premium brand Genesis secured first place in J.D. Power 2023 Tech Experience Index (TXI) study In this year’s J.D. Po...
Aug 25, 2023 (Gmt+09:00)
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Artificial intelligence
Naver eyes global market with new LLM HyperCLOVA X
Naver Corp., the South Korean online platform giant, has finally debuted its upgraded large language model (LLM) HyperCLOVA X, its new pillar busine...
Aug 24, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore