used car exports
Scope
Date
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Electric vehicles
SK Networks completes acquisition of local EV charging platform operator
SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...
Jan 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Sejong kicks off private 5G business for exclusive use for industrial safety
Sejong Telecom, Inc. a mid-sized facilities-based telecommunications business and ICT platform company in South Korea, will launch a private 5G bu...
Jan 03, 2023 (Gmt+09:00)
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Korean startups
Silvia Health attracts investment through pre-Series A funding
Silvia Health Inc., an age-tech startup based in Seoul, South Korea said on Monday that it has completed a pre-Series A investment with the particip...
Jan 02, 2023 (Gmt+09:00)
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Venture capital
Document tool company Business Canvas secures Series A2 round
Business Canvas, a South Korean SaaS (software as a service) startup that services the global document tool "Typed," announced on Tuesday that it ha...
Jan 02, 2023 (Gmt+09:00)
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Economy
S.Korea logs record trade deficit in 2022; outlook dim
South Korea suffered a record trade deficit last year as the ongoing war in Ukraine ramped up energy import bills, while the outlook remained dark w...
Jan 01, 2023 (Gmt+09:00)
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Real estate
Hilton Seoul to close business for redevelopment project
Millennium Hilton Seoul, founded in 1983, will close down for business on Dec. 31 due to redevelopment plans for the property.The five-star hotel ...
Dec 30, 2022 (Gmt+09:00)
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Bio & Pharma
S.Korea's Alteogen signs $145 million tech export deal with Swiss company
South Korea's bio company Alteogen Inc. on Friday said it signed its fourth technology export contract since its 2018 development of the human recom...
Dec 30, 2022 (Gmt+09:00)
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Energy
Hyundai Electric to switch to 100% renewable energy by 2040
Hyundai Electric, a power equipment and energy solution affiliate of HD Hyundai, said on Thursday it would convert 100% of the electricity used at a...
Dec 29, 2022 (Gmt+09:00)
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Automobiles
LG Group's received orders for auto parts close to $393 billion
South Korea’s electronics-to-battery conglomerate LG Group expects its received orders for auto components to reach over 500 trillion won ($...
Dec 28, 2022 (Gmt+09:00)
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Automobiles
HL Mando to show off car electrification system at CES 2023
HL Mando ( Mando Corp. ) and self-driving technology company HL Klemove said Wednesday that they would participate in CES 2023, the world's largest ...
Dec 28, 2022 (Gmt+09:00)
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Electronics
Samsung Elec to release new Galaxy Book2 Pro 360 laptop
South Korea's electronics giant Samsung Electronics Co. will release its latest premium laptop model, Galaxy Book2 Pro 360, on Jan. 16, the company ...
Dec 28, 2022 (Gmt+09:00)
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Corporate restructuring
M2N to sell 52% stake in Chinese automotive parts company DKCA
M2N( DK D&I Co. ), the parent company of pharmaceutical firm Sillajen Inc., announced on Tuesday that it has signed an agreement to sell its maj...
Dec 28, 2022 (Gmt+09:00)
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Bio & Pharma
GI Cell wins approval for human cell management from Korean regulator
GI Cell, a South Korean developer of immune cell therapy products, received a human cell and others management license from South Korean regulatory,...
Dec 27, 2022 (Gmt+09:00)
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ESG
Hyundai Rotem's new braking technology acquires green certification
Hyundai Rotem, a South Korean railway rolling stock supplier under Hyundai Motor Group, acquired a green certification for its zero-speed regenerati...
Dec 27, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha takes over satellite technology from gov't institute
The state-run Korea Astronomy and Space Science Institute (KASI) said on Monday it had transferred to Hanwha Systems Co. the technology for satellit...
Dec 26, 2022 (Gmt+09:00)
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Airlines
T’way Air becomes first local budget carrier to fly Incheon to Sydney
T'way Air Co. launched a new flight route linking Incheon with Sydney, Australia, embarking into the long-haul flight sector.T'way said on Sunday ...
Dec 26, 2022 (Gmt+09:00)
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Automobiles
Hyundai's Tucson named BBC Top Gear's Best Family Car
Hyundai Motor Co. said on Friday that its Tucson SUV has been selected as the "best family car" by the British motoring TV show Top Gear.In the rece...
Dec 23, 2022 (Gmt+09:00)
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Logistics
SK Energy, Naver agree to develop gas stations into logistics hubs
SK Energy and Naver Corp. are joining hands to transform gas stations into urban logistics hubs where advanced technologies will be employed.SK Ener...
Dec 23, 2022 (Gmt+09:00)
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Artificial intelligence
Lunit to export breast cancer detecting solutions to Hong Kong, Mongolia
South Korea's AI-based medical imaging equipment firm Lunit will export AI breast cancer diagnosis solutions to large hospitals in Hong Kong and Mon...
Dec 22, 2022 (Gmt+09:00)
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Aerospace & Defense
KAI to develop drone for reconnaissance, attack
Korea Aerospace Industries Ltd. (KAI) on Wednesday said it is developing a small multi-purpose drone with reconnaissance and attack functions like t...
Dec 22, 2022 (Gmt+09:00)
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Economy
Vietnam emerges as South Korea's No. 3 trading partner
Vietnam will finish this year as South Korea's No. 3 trading partner and the country with which the latter has the largest trade surplus, a study ha...
Dec 22, 2022 (Gmt+09:00)
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Mergers & Acquisitions
KKR to buy 100% stake in SK E&S' Busan City Gas for $561 mn
Private equity giant KKR & Co. is slated to buy a 100% stake in Busan City Gas Co., wholly owned by South Korean energy company SK E&S Co., ...
Dec 20, 2022 (Gmt+09:00)
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Steel
Korea’s Poongsan earnings to improve on copper rebound
Poongsan Corp., South Korea’s top copper processing company, is expected to benefit as China’s exit from the zero-COVID policy bolstered...
Dec 20, 2022 (Gmt+09:00)
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Energy
SGC Energy signs 10-year contract to supply liquid CO2
South Korea’s SGC Energy Co. recently signed a contract to supply liquid carbon dioxide to a domestic company for 10 years starting January 20...
Dec 19, 2022 (Gmt+09:00)
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Batteries
LG Energy to spend $3.1 bn on 4680 battery plant in S.Korea
LG Energy Solution Ltd., the world’s No. 2 electric vehicle (EV) battery maker, is poised to spend $3.1 billion on facilities in South Korea t...
Dec 19, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor to supply 3,000 vehicles to Libya's disabled
Hyundai Motor Co. said on Sunday that it had signed an agreement to supply vehicles to Libya's disabled through the Social Solidarity Fund, an agenc...
Dec 19, 2022 (Gmt+09:00)
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Bio & Pharma
Lunit exports AI imaging analysis solution to Brazil
South Korea's medical imaging startup Lunit said on Monday it has signed a software licensing agreement with Albert Einstein Israelite Hospital in...
Dec 19, 2022 (Gmt+09:00)
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Automobiles
S.Korea must use Indonesia, Thailand as EV output-export bases: report
The Korea Automotive Technology Institute says the domestic auto industry should more proactively use Asean-region members like Indonesia and Thaila...
Dec 19, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia to rank third in Europe’s car market after 45 years
Just a couple of decades ago, vehicles built by Hyundai Motor Co. and Kia Corp. were dismissed as second-class cars of poor quality, with some car m...
Dec 16, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean PE firm Hahn & Co to sell used-car platform K Car
South Korean private equity firm Hahn & Co. is set to sell a majority stake in local used-car trading platform K Car Co. as its initial public o...
Dec 16, 2022 (Gmt+09:00)
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