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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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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…
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Samsung Electro-Mechanics to produce all-solid-state batteries in 2026

Samsung Electro-Mechanics showcased ultra-compact all-solid-state batteries tailored to wearable devices in September 2024 LAS VEGAS – Samsung Electro-Mechanics Co. will…
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Hyundai mulls building 1st overseas steel mill in Louisiana

Hyundai Steel employees smelting iron at a blast furnace (Courtesy of Hyundai Steel) WASHINGTON D.C. – Hyundai Motor Group is…
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Hyundai’s Chung Euisun urges to guard against pessimism in ‘perfect storm’
in News
Hyundai Motor Executive Chair Chung Euisun gives a New Year’s address to group employees in Goyang, near Seoul, on Jan.…
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Hyundai, Kia EVs qualify for US subsidies for first time
in News
Hyundai Motor Group operates plants in Alabama and Georgia in the US Five electric vehicle models of Hyundai Motor Group,…
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Samsung joins humanoid robot race with higher stake in Rainbow Robotics
in News
Rainbow Robotics’ bipedal humanoid robot Hubo Samsung Electronics Co. has become the largest shareholder of Rainbow Robotics Co., a South…
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Samsung Display, Dolby to collaborate on automotive OLEDs
in News
South Korea’s Samsung Display said on Thursday it signed a memorandum of understanding (MOU) with Dolby Laboratories to jointly promote…
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Samsung, Hyundai Motor eye tech alliance on autonomous vehicle chips
in News
An IONIQ 5-based self-driving car run by Motional, a US mobility joint venture between Hyundai Motor and Aptiv South Korea’s…
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LG Electronics to retire about $50 mn treasury stock in 2025
in News
Cho Joo-wan will stay on as CEO in 2025 after LG Group’s year-end reshuffle LG Electronics Inc. will retire 761,000…
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Samsung Electro-Mechanics to develop camera modules for Atlas robots
in News
A camera module produced by Samsung Electro-Mechanics Samsung Electro-Mechanics Co., a South Korean electronics components maker, is developing camera modules…
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Seoul probes fake SNS accounts of Hyundai Motor advisor Sung Kim
in News
Hyundai Motor Group Chairman Chung Euisun (second from right), Hyundai Motor advisor Sung Kim (far right) (Source: Indonesia’s Coordinating Minister…
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Hyundai AutoEver establishes JV in Indonesia
in News
South Korea’s Hyundai AutoEver Corp. said on Monday it built the joint venture PT Terra Link technology in Indonesia with…
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Hyundai, BAIC to inject $1.1 bn in China joint venture
in News
Hyundai Motor participates in the 2024 Beijing International Automotive Exhibition in May 2024 (Courtesy of Hyundai Motor Group) Hyundai Motor…
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Korea’s commercial vehicle sales tumble on economic slowdown
in News
The Hyundai 2024 Porter II (File photo by Hyundai Motor) South Korea’s commercial vehicle sales plunged amid sluggish domestic demand…
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Harman to lead Samsung’s automotive solution business
in News
Harman Automotive extends its partnership with Scuderia Ferrari in February 2024 (Courtesy of Harman) Samsung Electronics Co. will enhance cooperation…




































