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Unbiased History & Stories on Korea for Global Audience
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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…
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Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off
Kia’s EV5, its first China-made global electric car South Korea’s second-largest automaker Kia Corp. saw its Chinese operations turn profitable…
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Samsung’s system chip, foundry business under close scrutiny for overhaul
A researcher in a Samsung Electronics chip cleanroom Samsung Electronics Co., the world’s largest memory chipmaker, has put its system…
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Hyundai, Avride join hands to develop autonomous robotaxis
Avride’s delivery robot (Screenshot captured from Avride website) Hyundai Motor Co. has agreed to partner with Avride, an autonomous driving…
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Hyundai, Kia ready to ramp up EV output in Europe, US
The IONIQ 5 N at the 2024 Beijing International Automotive Exhibition on April 25, 2024 (Courtesy of Hyundai) South Korea’s…
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Hyundai Motor spins off 4 in-house startups in energy, AI, mobility
Hyundai Motor Group’s ZERO1NE and Cradle booth at CES 2025 in January 2025 (Courtesy of Hyundai Motor Group) South Korea’s…
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Hyundai CEO Muñoz named MotorTrend Person of the Year
(Captured from MotorTrend’s website) South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the…
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SK Telecom to secure stake in IonQ, forges quantum partnership
IonQ quantum computing system (Courtesy of IonQ) South Korea’s largest telecom company SK Telecom Co. will acquire about a 3%…
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Hyundai, Samsung deepen ties to win humanoid race
Dog-like robot Spot, humanoid robot Atlas and Hyundai’s NEXO hydrogen fuel cell car (Courtesy of Hyundai Motor Group) South Korea’s…
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LG Electronics deepens ties with US startup Apex.AI
LG Electronics’ in-cabin sensing solution (Courtesy of LG Electronics) LG Electronic Inc. has invested in Apex.AI, a U.S.-based startup developing…
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LG Innotek ventures into automotive AP module market
LG Innotek’s automotive AP modules (Courtesy of Yonhap) LG Innotek Co., a major South Korean electronics parts developer, has forayed…
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Samsung’s Harman transforms from ugly duckling into golden swan
A Harman executive unveils Ready products at CES 2024 When Samsung Electronics Co. acquired Harman International Industries Inc., a global…
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Hyundai Motor launches future strategy division overseeing M&As
Hyundai Motor will launh its first all-electric, three-row sports utility vehicle IONIQ 9 in March 2025 Hyundai Motor Group has…
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Magnachip up for sale again, contacts Samsung, LG, LX
(File photo by Magnachip) South Korean chipmaker Magnachip Semiconductor Corp. has been put on the market for sale again four…
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Korean law firms’ 2024 revenue soars on M&As, management disputes
(Courtesy of Getty Images) South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown…
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Samsung, LG consider moving electronics plants to US from Mexico
US President Donald Trump speaks after being sworn in as president of the United States at the US Capitol building…
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Hyundai Steel sells over 1 mn tons of auto steel to non-captive customers
High-strength hot stamping steel sheets for car body developed by Hyundai Steel Hyundai Steel Co., South Korea’s second-largest steelmaker, sold…
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KG Mobility, Phinia to co-work for hydrogen engine
South Korea’s automaker KG Mobility Corp. said on Thursday it partnered with the global car aftermarket solutions company Phinia to…
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LG Display unveils industry’s brightest OLED panel for AI TVs
LG Display unveils a fourth-generation OLED panel optimized for AI TVs LG Display Co., the world’s top organic light-emitting diode…
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The Resilience of the Korean Economy Through Global Crises
in History
Introduction to the Korean Economy The Korean economy has undergone a remarkable transformation since the end of the Korean War…
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The Journey of Korean Immigrants: A History & Trends Outside the United States
in History
Introduction to Korean Immigration Korean immigration has a rich and complex history that dates back to the late 19th century.…
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Hyundai Motor, Nvidia team up for AI development for future mobility
Kim Heung-soo (left), head of Hyundai Motor’s global strategy office, shakes hands with Nvidia automotive VP Rishi Dhall after signing…
