used cars
Scope
Date
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Economy
Monthly exports set for growth in June for 1st time in 10 months
South Korea’s exports in the first 20 days of June rose from a year earlier, seeing growth in the period for the first time since last August....
Jun 21, 2023 (Gmt+09:00)
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Energy
Korea's Doosan Enerbility sells Bobcat stake in $214 mn block deal
South Korea’s major power plant builder Doosan Enerbility Co. has sold a minority stake in Doosan Bobcat Inc., its construction equipment unit...
Jun 21, 2023 (Gmt+09:00)
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Automobiles
Lotte Rental CEO becomes first owner of Kia EV9
The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...
Jun 21, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to apply AI, big data tech to entire chipmaking process
Samsung Electronics Co., the world’s largest memory chipmaker, plans to use AI and big data technology in its chipmaking process to enhance pr...
Jun 19, 2023 (Gmt+09:00)
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Fashion
Gucci invites S.Korean artist to horsebit 70th anniversary exhibition
The Gucci horsebit loafer, one of the most iconic products of the Italian luxury brand, is celebrating its 70th anniversary. The horsebit loafer is ...
Jun 19, 2023 (Gmt+09:00)
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Petrochemicals
LG Chem to sell $1.6 bn stake in LG Energy to foreign investors
South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...
Jun 19, 2023 (Gmt+09:00)
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Carbon neutrality
POSCO Future M cut greenhouse gases 8.6% in 2022
South Korea's chemical company POSCO Future M Co. last year lowered greenhouse gases a surprising 8.6% from 2021. Reducing its CO2 emissions despite...
Jun 19, 2023 (Gmt+09:00)
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ESG
Lotte Shopping to raise $785 mn from Korean banks for ESG push
Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, will tap 1 trillion won ($784.4 million) from two of the...
Jun 16, 2023 (Gmt+09:00)
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Energy
SK Energy, SK REIT to establish complex energy platforms
South Korea's SK Energy announced on Wednesday its partnership with Clean Energy REIT, a real estate subsidiary of SK REIT, to embark on the SK Eco-...
Jun 14, 2023 (Gmt+09:00)
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Automobiles
Hyundai ramps up ties with Samsung, SK, LG for EVs, self-driving cars
South Korea’s top automaker Hyundai Motor Co. is strengthening its tech alliance with its local partners such as Samsung, LG and SK to stay ah...
Jun 11, 2023 (Gmt+09:00)
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Future mobility
LG Uplus to use UAM to slash EMS transportation time
South Korea's internet service provider LG Uplus Corp. on Thursday said it signed an agreement with the municipal government of Jinju, South Gyeongs...
Jun 09, 2023 (Gmt+09:00)
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Batteries
LG Energy to expand EV battery care with 7 imported car dealers
South Korea's LG Energy Solution Ltd. has teamed up with seven imported car dealers in the country to expand the company's electric vehicle (EV) b...
Jun 09, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis exceeds $770 bn in R&D investment in 2023
South Korea's car parts maker Hyundai Mobis is turning into a software-oriented mobility company by investing over 1 trillion won ($772.3 million)...
Jun 09, 2023 (Gmt+09:00)
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Private equity
Korean battery maker SK On attracts $400 mn from Hillhouse
South Korean battery maker SK On Co. has secured $400 million from Hillhouse, a Singapore-headquartered asset management firm, investment banking so...
Jun 08, 2023 (Gmt+09:00)
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Machinery
POSCO Int'l to supply nearly 7 mn motor cores to Hyundai Motor
South Korea's largest trading company POSCO International on Thursday said its affiliate POSCO Mobility Solution will supply motor cores to Hyundai ...
Jun 08, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath
TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...
Jun 07, 2023 (Gmt+09:00)
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Chemical Industry
Investment in battery raw materials raises sodium hydroxide prices
The price of sodium hydroxide or caustic soda, an essential component in the smelting of raw materials for producing batteries, is rising because So...
Jun 07, 2023 (Gmt+09:00)
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Dong-A Eng Co.
Key facts Main Business Industrial mold design and manufacturing / machinery manufacturing212.1 Millions USE(Automated Optical Inspection; AOI...
Jun 06, 2023 (Gmt+09:00)
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Steel
POSCO launches first product from its low-carbon Greenate brand
South Korea's top steelmaker POSCO on Sunday launched the first product from its low-carbon brand Greenate.Greenate features distribution-type produ...
Jun 05, 2023 (Gmt+09:00)
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Automobiles
S.Korea's new hybrid car registrations in May exceed diesel's for first time
The number of newly registered hybrid cars in South Korea overtook that of diesel cars for the first time thanks to consumer focus on such models,...
Jun 05, 2023 (Gmt+09:00)
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Automobiles
S.Korea's Tada ride-hailing app introduces English service for foreigners
South Korean ride-hailing platform TADA, operated by VCNC, announced on Thursday the introduction of an English language service to its app, in a mo...
Jun 02, 2023 (Gmt+09:00)
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Automobiles
South Korea hosts first Universo Ferrari exhibition in Asia
For the first time in Asia, South Korea is hosting an event featuring the history of the Italian sports car brand Ferrari.Ferrari on Thursday opened...
Jun 02, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea to develop supercomputer for industrial use
South Korea is set to develop a supercomputer for industrial use as Asia’s fourth-largest economy lags far behind on the performance of such d...
May 31, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis gets approval to sell biosimilar in Europe
South Korea's Samsung Bioepis has received approval in Europe to sell a biosimilar of Soliris, a drug for the treatment of adult and children patien...
May 31, 2023 (Gmt+09:00)
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Automobiles
Schaeffler Korea to produce parts for hybrid cars, EVs
Schaeffler Korea Corp., the largest plain and roller bearing provider to automotive and industrial sectors in South Korea, is set to celebrate 70 ye...
May 30, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience’s COVID-19 vaccine gets approval in UK
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, said on Monday that its domestic COVID-19 vaccine, SKYCovione, has rec...
May 30, 2023 (Gmt+09:00)
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Automobiles
Korea’s first integrated car plant being transformed into Kia’s EV base
GWANGMYEONG, Gyeonggi Province -- Kia Corp.'s oldest integrated auto plant — which is also South Korea’s first of its kind — was c...
May 29, 2023 (Gmt+09:00)
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Artificial intelligence
POSCO to develop internal-use AI tool to replace ChatGPT
Steel giant POSCO Group has embarked on the development of an AI chatbot for internal use amid growing concerns about data leaks through generative ...
May 28, 2023 (Gmt+09:00)
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Airlines
S.Korea gov’t urges caution on using Vietjet Air, AirAsia
South Korean consumers have witnessed a substantial rise in complaints related to Vietjet Air and AirAsia, popular low-cost carriers used for trav...
May 26, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea succeeds in 3rd launch of homegrown rocket Nuri
GOHEUNG, SOUTH KOREA -- South Korea launched its homegrown space rocket on Thursday, making its first achievement to send a satellite for com...
May 25, 2023 (Gmt+09:00)