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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, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
in News
(Courtesy of Hyundai Motor Group) Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell 7.39…
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Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
in News
Korea saw its exports reach a record high in 2024 South Korea’s exports, the country’s main growth driver, reached an…
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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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Fleetune continues evolving for smarter route optimization
in NewsFleetune webpage screenshot Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big…
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Hyundai Rotem delivers driverless metro cars to Taiwan
in NewsHyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to…
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Is it common for taxi drivers to send tourists to shops they are affiliated with?
in CommunityOnce he learnt we were on our way to a bbq pork restaurant he made claims of there being snow…
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M&A deals in South Korea at 7-year low in 2024
in NewsSouth Korea’s mergers and acquisitions market shrank further in 2024 as leading business groups such as Lotte, SK and GS…
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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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Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
in News
Hyosung TNC’s booth at the world’s largest outdoor expo, ISPO, in Munich, Germany Hyosung TNC Corp., a South Korean textile…
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Harman to lead Samsung’s automotive solution business
in NewsHarman Automotive extends its partnership with Scuderia Ferrari in February 2024 (Courtesy of Harman) Samsung Electronics Co. will enhance cooperation…
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Last night was scary as shit
in CommunityIt was a good reminder that all it takes is one horrible driver to absolutely crash the fuck out of…
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Quick delivery war deepens Korean big-box retailers-Baemin ties
in News
Homeplus Express launches Baemin Store’s quick delivery service As same-day delivery wars has heated up in South Korea, traditional big-box…
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Gov’t rejects Seoul City’s proposal to hire foreign bus drivers
in Community
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POSCO to buy Korean robotics firm stake for steel business
in News
Neuromeka’s collaborative robot welding solution (File photo by Neuromeka) South Korea’s steel-to-battery materials conglomerate POSCO Group will invest in the…
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HD Hyundai Oilbank ventures into bioenergy sector as new growth driver
in News
A Hyundai Oilbank gas station in Seoul HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi…
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Lotte replaces 21 CEOs, slashes executive jobs by 22% in drastic reshuffle
in News
Lotte logo South Korea’s retail-to-chemical conglomerate Lotte Group on Thursday replaced 21 chief executives across its affiliates and slashed executive…
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Hanwha Ocean, HD Hyundai reconcile, look to joint overseas warship bids
in News
A 1,500-ton landing ship (from the top), a 3,400-ton frigate and a 2,200-ton deepwater guard ship built by HD Hyundai…
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SKC’s US affiliate Absolics receives $100 million in US R&D grants
in NewsAbsolics is SKC’s US affiliate that makes glass substrates Absolics Inc., the US glass substrate affiliate of South Korean chemical…
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BYD to debut passenger EVs in South Korea in 2025
in NewsBYD Atto 3 in a manufacturing line (Courtesy of BYD) China’s electric vehicle giant BYD Co. will make a debut…
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State-run think tank KDI slashes GDP forecast, urges BOK to cut rates
in NewsTrucks carrying container boxes to the PNC Terminal at the Port of Busan The Korea Development Institute (KDI), South Korea’s…
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LG Electronics accelerates foray into private 5G service
in NewsAutomated guided vehicles (AGVs) run on LG Electronics’ private 5G network (Courtesy of LG Electronics) LG Electronics Inc.’s push to…
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Korean steel giant POSCO to sell Chinese JV PZSS amid US-China trade war
in News
POSCO’s headquarters in Seoul South Korean steel giant POSCO Holdings Inc. is seeking to sell its entire stake in a…
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LG unveils AI-powered commercial washers, dryers in renewed B2B push
in News
LG showcases a new lineup of AI-powered large commercial washers and dryers at Texcare International 2024 in Frankfurt, Germany South…
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Hyundai unveils Initium hydrogen FCEV concept, set to arrive in 2025
in News
Hyundai Motor’s Initium FCEV concept unveiled on Oct. 31, 2024 South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled…
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Toyota, Hyundai agree to deepen ties in hydrogen, robotics
in NewsHyundai Motor Group Executive Chair Chung Euisun (4th from left) and Toyota Motor Chairman Akio Toyoda (4th from right) pose…
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S.Korea’s exports fall 3% in first 20 days of October; chip sales strong
in News
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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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…
