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Samsung Securities lowers Samsung Electro-Mechanics target price
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Samsung Electro-Mechanics Suwon Campus South Korea’s Samsung Securities lowered its target price for Samsung Electro-Mechanics Co. to 160,000 won ($120)…
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Korea’s POSCO, India’s JSW team up to build steel plant in Odisha
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JSW Group Chairman Sajjan Jindal (left) and POSCO Group Chairman Chang In-hwa shake hands after signing a memorandum of understanding…
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Toyota, Hyundai agree to deepen ties in hydrogen, robotics
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Hyundai Motor Group Executive Chair Chung Euisun (4th from left) and Toyota Motor Chairman Akio Toyoda (4th from right) pose…
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Kia eyes rosier 2024 after record-high Q3; Hyundai Mobis’ OP up 32%
in NewsKia’s EV-dedicated plant in Gwangmyeong, Gyeonggi Province (Courtesy of Kia) Kia Corp., South Korea’s No. 2 carmaker after Hyundai Motor…
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Hyundai Motor Group wins Cars.com’s 2025 Top Pick EV Awards
in NewsHyundai Motor’s IONIQ 6 Hyundai Motor Group said on Wednesday Hyundai Motor Co. ‘s IONIQ electric vehicles (EVs) and Kia…
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LG Energy, Stellantis’ EV battery JV in Canada mass-produces modules
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NextStar, a joint venture between LG Energy and Stellantis, begins the mass production of EV battery modules (Courtesy of Yonhap)…
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LG Electronics unveils value-up plans; begins Indian arm IPO process
in NewsPark Hyoung-sei, head of LG Electronics’ home entertainment division, speaks at the company’s webOS Summit 2024 in Incheon, South Korea,…
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Hyundai AutoEver SW platform gets A-SPICE level 3 certification
in NewsSouth Korea’s Hyundai AutoEver Corp. said on Tuesday that its Mobilgene Classic 2.0 software platform has become the first in…
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Samsung SDS, Ansys Korea to collaborate on cloud solutions
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South Korea’s Samsung SDS Co. said on Tuesday it signed a memorandum of understanding (MOU) with Ansys Korea to strengthen…
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S.Korea’s exports fall 3% in first 20 days of October; chip sales strong
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Semiconductors are South Korea’s top export items South Korea’s exports, the country’s main growth driver, fell 2.9% in the first…
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Samsung primed for graphics chip leadership with 24 Gb GDDR7
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Samsung’s 24 Gb GDDR7 DRAM Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled the industry’s first 24 gigabit…
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Hyundai-owned Boston Dynamics, Toyota team up for humanoid robots
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Boston Dynamics’ humanoid robot Atlas South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp., the world’s No. 3 and…
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Apparel maker Hansae sets sights on auto parts business as growth driver
in NewsHansae Yes24 Holdings Co. Vice Chairman Kim Suk-hwan speaks at the firm’s global investor relation session in Vietnam HO CHI…
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Hyundai Mobis to invest $257 mn in EV parts plants in Slovakia
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Hyundai Mobis CEO Lee Gyusuk (left) and Slovak Prime Minister Robert Fico attended the signing ceremony for investments in EV…
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LG Energy to supply batteries for Ford electric commercial vehicles
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The E-Transit, Ford’s all-electric van, which is expected to be equipped with LG Energy’s batteries (File photo downloaded from Ford’s…
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Kia releases 2025 model year of Carnival
in NewsKia’s The 2025 Carnival (Courtesy of Kia) Kia Corp., South Korea’s second-largest automaker, said on Monday it will release The…
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Hyundai Mobis, Zeiss to mass-produce holographic HUDs in 2027
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The rendering of the Hyundai Mobis-Zeiss holographic ‘windshield’ HUD system (Screenshot captured from Hyundai Mobis website) South Korea’s Hyundai Mobis…
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Supernal aims to launch flying cars at LA 2028 Olympics
Supernal debuts S-A2, its upgraded eVTOL flying-car concept, at CES 2024 Supernal LLC, the US-based urban air mobility (UAM) unit…
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LG Electronics doubles down on B2B business
LG MAGNIT Micro LED display (Courtesy of LG Electronics) LG Electronics Inc., a leading South Korean home appliance maker seeking…
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HL to acquire French parking robot firm Stanley Robotics for $24 million
Stan, valet parking robot by Stanley Robotics (Courtesy of Stanley Robotics) HL Group, the construction-to-auto parts conglomerate in South Korea,…
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Samsung’s Lee inspects MLCC plant in Philippines as it eyes turnaround
Samsung Group Chair Jay Y. Lee tests an MLCC at Samsung Electro-Mechanics’ plant in the Philippines on Oct. 6 Samsung…
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Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
The IONIQ 6 electric sedan that Hyundai Motor began producing at its Singapore plant, HMGICS, in July South Korea’s top…
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Hyundai Motor, Waymo enter multi-year, strategic partnership
Hyundai Motor and Waymo enter multi-year, strategic partnership for autonomous vehicle production basded on the all-electric IONIQ 5 South Korea’s…
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SK Enmove, SQM ink supply deal for refrigerant material iodine
SK Enmove CEO Kim Won-kee (left) and Pablo Altimiras, CEO of SQM’s Iodine and Plant Nutrition Division, sign an iodine…
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Hyundai, Kia’s September US sales fall; hybrids buck trend of weak sales
The 2025 Hyundai IONIQ 5 XRT (Courtesy of Hyundai Motor America) South Korea’s Hyundai Motor Co. and its sister firm…
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Sambark LFT rebranded as Lotte Engineering Plastics
Lotte Engineering Plastics’ plant in Yesan, South Chungcheong Province (Courtesy of Lotte Engineering Plastics) Sambark LFT Co., a plastic materials…
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LG to invest $762 mn in webOS to transform into platform-based tech giant
Park Hyoung-sei, head of LG Electronics’ home entertainment division, speaks at the company’s webOS Summit 2024 in Incheon, South Korea,…
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LG Display ends large LCD business with plant sale to CSOT
LG Display’s LCD plant in Guangzhou, China (Courtesy of LG Display) South Korea’s leading display maker LG Display Co. will…
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Hyundai Mobis gets cybersecurity certification in Europe
Hyundai Mobis Co. has become the first Asian auto parts company to receive cybersecurity certification in Europe, which is leading…
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Chabot Mobility raises $900,000 in series C round
South Korea’s automotive management platform startup Chabot Mobility said on Wednesday that it raised 1.2 billion won ($900,000) in a…
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Hyundai Glovis, BYD seek strategic alliance on car exports
Hyundai Glovis’ pure car and truck carrier Hyundai Glovis Co. has inked a memorandum of understanding with Chinese electric vehicle…
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Kolon expands eco-friendly car interior materials biz
Kolon Industries’ headquarters building in Seoul South Korea’s Kolon Industries Inc., the Kolon Group’s chemical materials arm, will absorb its…
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Hyundai’s Chung to nurture Czech plant as hub for eco-friendly mobility
Hyundai Motor Chairman Chung Euisun (center, front line) visits Hyundai Motor Manufacturing Czech (HMMC) Hyundai Motor Co. Executive Chairman Chung…
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Hyundai Steel set to supply iron powder to Korean LFP cathode makers
Hyundai Steel’s plant in Dangjin, South Chungcheong Province Hyundai Steel Co., a unit of the South Korean automotive group Hyundai…
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Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted
The Hyundai Santa Fe 2025 South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by…
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Hyundai Motor, Kia win 12 awards at IDEA Design Awards
Kia EV9 Hyundai Motor Co. and Kia Corp. announced on Friday that they won a total of 12 awards, including…
