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LG Electronics’ Q2 profit halves as US tariffs bite
LG Group’s headquarters in Yeouido, Seoul Earnings at LG Electronics Inc. nearly halved in the second quarter after Trump administration’s…
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LG Group executives to meet with Honda CEO to explore partnership
The interior of a car equipped with LG’s infotainment system LG Group is accelerating its efforts to build a partnership…
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Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs
Samsung Electro-Mechanics’ high-voltage automotive MLCCs for EV battery management systems Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker,…
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LG Energy Solution, Toyota Tsusho launch battery recycling JV in US
LG Energy-Toyota Tsusho JB signing ceremony on June 19, 2025. From left: Toyota Tsusho President & CEO Toshimitsu Imai; Circular…
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LG Energy to supply cylindrical batteries to Chery Automobile
LG Energy Solution’s 46-series cylindrical batteries (Courtesy of LG Energy Solution) LG Energy Solution Ltd. said on Monday it has…
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Hyundai Steel to displace Baoshan as GM Korea’s supplier
Engineers inspect a rear roof panel made with Hyundai Steel’s carbon-reducing automotive steel sheet Hyundai Steel Co. is poised to…
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LE SSERAFIM: Redefining K-Pop Fashion Through Bold Collaborations and Iconic Magazine Covers
Photo Credits: Source Music 1. Lifestyle Brand Approach LE SSERAFIM has evolved beyond typical idol merchandise, positioning themselves as a…
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STRADVISION Partners with Arm to Drive the Future of AI-Defined Vehicles
Founded in 2014, STRADVISION is an automotive industry pioneer in artificial intelligence-based vision perception technology for ADAS. The company is…
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LG Display to invest $500 mn to boost smaller OLED output
LG Display’s exhibition booth at SID 2025, the world’s largest display industry trade show LG Display Co., the world’s No.…
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Hyundai Motor Group dominates US Best Cars for Teens awards
The 2025 Hyundai Tucson Hyundai Motor Group has claimed seven out of 12 categories in US News & World Report’s…
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UK chip testing device maker TeraView seeks Kosdaq debut
TeraView’s headquarters in Cambridge, UK (Screentop captured from TeraView website) TeraView Ltd., a UK semiconductor inspection device maker, is aiming…
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Hyundai Motor, PIF break ground on Saudi Arabia plant
Yazeed Alhumied (third from left), deputy governor of PIF and Chang Jae-hoon, vice chairman of Hyundai Motor Group Hyundai Motor…
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Samsung bets on data center HVAC with $1.7 bn FläktGroup acquisition
In 2024, Samsung reportedly vied for the HVAC operations of Johnson Controls International Samsung Electronics Co. on Wednesday announced the…
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LG Innotek, Boston Dynamics team up to develop Atlas eyes
Boston Dynamics’ humanoid robot Atlas (Courtesy of Boston Dynamics) LG Innotek Co., a leading South Korean electronics parts maker, will…
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Hankook & Company to set up CVC with $11 mn in funding
Hankook & Company headquarters building (Courtesy of Hankook & Company) Hankook & Company Co., the holding company of Hankook Tire…
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Harman acquires Masimo’s audio arm in Samsung’s car audio push
B&W’s premium loud speakers under the Nautilus brand Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired…
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US auto parts tariffs into force; Korea avoids heavy hit
Cars are lined up for loading onto ships at a port in Pyeongtaek, Gyeonggi Provice (Courtesy of Yonhap) The US…
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Hyundai Motor posts solid Q1; rough road ahead on Trump’s auto tariffs
The Genesis X Gran Equator Concept SUV premiered in New York on April 15, 2025 South Korea’s top automaker Hyundai…
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Kia EV3 named 2025 World Car of the Year; Hyundai Inster wins EV award
Kia America Chief Operating Officer & Executive Vice President Steven Center holds the 2025 World Car of the Year trophy…
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Samsung expands automotive MLCC supply to BYD, other Chinese firms
A model car decorated with Samsung Electro-Mechanics’ MLCCs (Courtesy of Samsung) Samsung Electro-Mechanics Co. is supplying several million dollars’ worth…
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Ex-US Congressman Drew Ferguson heads Hyundai’s Washington office
Hyundai Motor appoints Drew Ferguson, a former Republican congressman, as the head of its Washington office on April 15, 2025…
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POSCO eyes investment in Hyundai Steel’s US plant
An electric furnace at Hyundai Steel’s Incheon plant POSCO, the world’s seventh-largest steelmaker, is seeking to invest in smaller rival…
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South Korea Announces Emergency Support for Auto Sector Against U.S. Tariffs
South Korea’s car exports to the U.S. stood at $34.7 billion in 2024. Photo: Chung Sung-Jun/Getty Images South Korea’s government…
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Hyundai chief Chung, GM CEO Barra to meet in Sept in Detroit
General Motors Chair and Chief Executive Mary Barra (left) and Hyundai Motor Group Executive Chairman Chung Euisun shake hands after…
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LG’s global HVAC push takes off with new deal in Singapore
LG’s HVAC system, Multi V. i (Courtesy of LG Electronics) LG Electronics Inc. has landed a deal to supply its…
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Hyundai Steel picks Donaldsonville as $5.8 bn US plant site, seeks investors
Hyundai Chairman Chung Euisun unveils a $21 billion US investment plan during a meeting with President Donald Trump at the…
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Samsung’s Lee meets with Xi amid Beijing’s balancing act vs Washington
Samsung Electronics Chairman Lee Jae-yong (fourth from left, front row) attends the China Development Forum in Beijing on Saturday (Courtesy…
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Hyundai’s new American dream comes with new plant, more spending
▲ Hyundai Motor Group Metaplant America Celebrates Grand Opening | HMGMA ELLABELL, Georgia – When Hyundai Motor Group honorary chairman…
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Samsung Chairman Lee meets with Xiaomi CEO Lei Jun for partnership
Samsung Electronics Chairman Lee Jae-yong (left) meets with Xiaomi CEO Lei Jun in Beijing on March 22, 2025 BEIJING –…
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Hyundai chief Chung Euisun targets software-led car dominance by 2028
Hyundai Motor Chairman Chung Euisun Hyundai Motor Group Chairman Chung Euisun has set an ambitious target to outpace Tesla Inc.…
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SK Hynix ships world’s first 12-layer HBM4 samples early
SK Hynix booth design at GTC 2025 in San Jose, CA (Courtesy of SK Hynix) South Korean memory chip giant…
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Hankook Tire seeks to evolve beyond tires, auto parts
Park Jongho took over as CEO of Hankook & Company in January 2025 Hankook & Company Co., the holding company…
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LG Group units step up joint marketing for in-vehicle electronics
The interior of a car equipped with LG Electronics’ infotainment systems Chief executives of LG Group’s key units, including LG…
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Shinhan Bank partners with Hyundai Mobis for loan services to suppliers
A Shinhan Bank branch in Seoul Hyundai Mobis Co., South Korea’s top auto part maker, has partnered with the country’s…
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Magnachip to sell display business in H1 to focus on power semiconductors
Automotove chips (File photo by Magnachip) South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the…
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Hyundai Motor to build fuel cell plant in South Korea
HTWO fuel cell system for vehicles (Courtesy of Hyundai Motor) Hyundai Motor Co. will build a local fuel cell plant…