automotive
Unbiased History & Stories on Korea for Global Audience
Sponsored by Open Korea Foundation
-
Hyundai Motor Group to build $2.7 bn EV mother factory in S.Korea
Kia’s first PBV plant, the EVO Plant East, in Hwaseong, Gyeonggi Province, South Korea, opens on Nov. 14, 2025 (Courtesy…
-
Samsung’s Jay Y. Lee, LG’s top brass discuss cooperation with Mercedes-Benz chief in Seoul
Mercedes-Benz CEO Ola Källenius (fourth from left), LG Electronics CEO Cho Joo-wan (fifth from left) and executives from each company…
-
Samsung’s Jay Y. Lee meets with Mercedes-Benz chief in Seoul next week
Ola Källenius, Ola Kallenius, Merces-Benz CEO (Courtesy of Merces-Benz Group) Samsung Electronics Co. Chairman Lee Jae-yong is set to meet…
-
Samsung SDI set to supply ESS batteries to Tesla amid industry shift toward US-made components
Samsung SDI showcases its advanced LFP battery in 2024 (Courtesy of Samsung SDI) Samsung SDI Co. is set to clinch…
-
Nvidia strikes AI alliance with S.Korea, pledges 260,000 GPUs worth $9.8 billion by 2030
Nvidia pledges to supply 260,000 GPUs to the South Korean government and Korea’s large companies GYEONGJU – Nvidia Corp. has…
-
POSCO signs partnership with Cleveland-Cliffs, likely to invest over $700 mn for 10% stake
POSCO Group Chairman Chang In-hwa delivers a speech at the APEC CEO Summit held at the Gyeongju Arts Center on…
-
Samsung sells out 2026 HBM supply after starting Nvidia shipments in Q3
Samsung Electronics’ HBM3E chips (Courtesy of Samsung Electronics) Samsung Electronics Co. has already sold out next year’s production of its…
-
Hyundai Motor Chung, Saudi Arabia’s crown prince discuss cooperation beyond autos
Hyundai Motor Group Executive Chair Chung Euisun (center) and José Muñoz, president and CEO of Hyundai Motor Co., are briefed…
-
Lee, Trump face showdown on Oct. 29 over US-S.Korea tariff deal at APEC Gyeongju
US President Donald Trump and South Korean President Lee Jae Myung attend a summit meeting in Washington, D.C. in August…
-
South Korea, Malaysia seal free trade pact
South Korea-Malaysia summit at the 47th ASEAN summit in Kuala Lumpur, Malaysia, on October 26, 2025 KUALA LUMPUR — South…
-
Hyundai cuts IONIQ 5 prices in US to deal with end of EV tax subsidy
The Hyundai IONIQ 5 (Courtesy of Hyundai Motor America) Hyundai Motor Co., South Korea’s top automaker, on Wednesday lowered the…
-
Foreign holding in Samsung Electronics at 2025 highs, further upside seen
The Kospi index finished at 3,486.19 on Sept. 23, marking its highest closing level to date Foreign investors’ holding of…
-
AI boom ushers in memory supercycle; Samsung raises chip prices
Samsung’s LPDDR5X DRAM is optimal for on-device AI, cloud and automotive applications Samsung Electronics Co. has recently notified major clients…
-
Tesla canceled, Hyundai GV70 chosen amid Georgia detention anger | Over 300 Koreans detained in Georgia; 59.2% disappointed with U.S. actions
A South Korean consumer who had reserved a Tesla vehicle canceled the order in response to the mass detention of…
-
Hyundai Motor to double new hybrid models, hike investment to achieve 9% margin
Hyundai Motor CEO José Muñoz unveils the automaker’s business strategy at its first overseas CEO Day in New York on…
-
South Korea moves to restructure steel sector as Chinese oversupply, quality Japanese products bite
POSCO’s steel mill at Gwangyang Steelworks South Korea is planning a sweeping restructuring of its steel industry, with government-backed plans…
-
Detained Koreans return home; Raid likely to delay US battery plant by 3 months
An LG Energy Solution employee (man in center), who was detained in Georgia by U.S. immigration authorities, met with his…
-
South Korea overtaken by Taiwan in monthly exports, weighed down by US tariffs
Taiwan’s monthly exports overtakeSouth Korea’s for the first time in August, 2025 with Seoul’s shipments weighed by US tariffs Taiwan’s…
-
LG Energy Solution wins $11 billion battery supply deal from Mercedes-Benz, affiliates
LG Energy Solution is Korea’s top battery maker LG Energy Solution Ltd., one of the world’s top battery makers, has…
-
Hyundai Mobis pushes into robotics for edge in humanoid era
A Hyundai Mobis plant in Korea (Courtesy of Hyundai Mobis) Hyundai Mobis Co., the auto parts arm of Hyundai Motor…
-
Hyundai Motor Group launchs 1st EV-only production lines in Europe
The Kia EV4 Kia Corp., under Hyundai Motor Group, began producing the EV4 hatchback, a compact electric sedan, at its…
-
Korea Inc pledges $150 bn US investment; KAL buys new planes, Samsung, Hyundai Motor vow extra spending
Samsung Electronics Chairman Jay Y. Lee (left) and SK Group Chairman Chey Tae-won (third from left) chat with US businessmen…
-
Harman sells system integration unit to Wipro to sharpen audio focus
(Courtesy of Samsung Electronics) Harman International Industries Inc., wholly owned by Samsung Electronics Co., has sold its digital transformation solutions…
-
UK’s TeraView wins preliminary nod for South Korea listing
TeraView’s headquarters in Cambridge, UK (Screentop captured from TeraView website) TeraView Ltd., a British developer of terahertz imaging inspection systems,…
-
POSCO, JSW to build 6 million-ton steel plant in India
POSCO’s No. 2 hot rolling mill at the Pohang Steel Works (Courtesy of POSCO) South Korea’s largest steelmaker POSCO Group…
-
Hyundai speeds up Africa-Middle East drive with Algeria plant
(Courtesy of Getty Images) Hyundai Motor Co. plans to build an auto manufacturing plant in Algeria, the South Korean auto…
-
Hyundai to roll out 1st electric SUV tailored for China in September
A second-generation model of Palisade released in South Korea in January 2025 (Courtesy of Hyundai Motor) Hyundai Motor Co. is…
-
Samsung to make Apple chips in US
Samsung’s chip plant in Austin, Texas (Courtesy of Samsung Electronics) The global memory chip powerhouse Samsung Electronics Co. will produce…
-
DB HiTek posts 10% gain in Q2 profit, expects stable chip orders
DB HiTek foundry plant in Bucheon, Gyeonggi Province in South Korea (Courtesy of DB HiTek) DB HiTek Co., a South…
-
Samsung eyes earnings recovery in H2 on higher HBM sales
Samsung Suwon Digital City (Courtesy of Samsung Electronics) Samsung Electronics Co. expects its earnings to recover in the second half…
-
Samsung clinches $16.5 billion chipmaking deal, potential turning point for foundry business
Samsung’s foundry chip plant in Taylor, US (Courtesy of Samsung Electronics) Samsung Electronics Co., the world’s top memory chipmaker, has…
-
Hyundai Mobis defies tariff headwinds with 37% jump in Q2 profits
A Hyundai Mobis plant in Korea (Courtesy of Hyundai Mobis) South Korea’s top auto parts maker Hyundai Mobis Co. posted…
-
President Lee meets Samsung chief amid stalled US, Korea trade talks
Lee Jae-yong (left), chairman of Samsung Electronics, speaks with President Lee Jae-myung at a group meeting with other business leaders…
-
Seoul likely to miss US tariff deal deadline as Washington abruptly cancels 2+2 trade talks
Finance Minister Koo Yoon-cheol (center) drops his planned trip to the US as Washington aruptly cancels bilateral trade talks The…
-
South Korea, US to resume trade talks ahead of tariff deadline
Korea’s Deputy Prime Minister and Minister of Economy and Finance Koo Yoon-cheol (center) speaks at a meeting on key economic…
