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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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President Lee meets Hyundai, LG chiefs, promotes ‘one team’ approach
Hyundai Motor Group Chairman Chung Euisun (left) and President Lee Jae-myung met at the presidential office on July 14 (Courtesy…
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LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries
The Ultium Cells plant in Spring Hill, Tennessee adds production of lithium iron phosphate (LFP) battery cells (Courtesy of GM)…
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Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike
Hyundai Motor Chairman Chung Euisun speaks during the opening ceremony of Hyundai Motor Group Metaplant America (HMGMA) in Ellabell, Georgia,…
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Mercedes opens world’s 1st Maybach flagship center in Seoul
A Mercedes-Maybach S-Class sedan Mercedes-Benz Group on Monday opened the world’s first Maybach Brand Center in Seoul, its largest-ever dealership…
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Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead
Samsung Electronics’ ISOCELL image sensor-1 (Screenshot from the company’s website) Samsung Electronics Co. is supplying a new high-performance image sensor…
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Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet
Glovis Century, a Hyundai Glovis pure car and truck carriern (PCTC) South Korea’s Hyundai Glovis Co. is poised to become…
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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…
