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FTC fines Kakao Mobility $55 mn for alleged unfair taxi-hailing service
A Kakao T taxi in Seoul (File photo by News1) South Korea’s antitrust body fined Kakao Mobility Corp., the country’s…
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LG Elec tops US sustainable brand rankings for HVAC, appliances
LG Electronics Inc. said on Wednesday it was named the most sustainable brand in the US for its heating, ventilation,…
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S.Korea’s exports stand firm thanks to record chip sales
Busan port (Courtesy of News1 Korea) South Korea’s exports extended the growth streak for the 12th month in a row…
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Hyundai partners with Samsung to enhance connected vehicle technology
Hyundai Motor Group Advanced Vehicle Platform chief Chang Song (left) and Samsung Electronics Research Center chief Paul (Kyungwhoon) Cheun agree…
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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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Kia, 42dot, Geotab to team up for PBV management system
Kia Corp. said on Friday it signed a memorandum of understanding (MOU) with 42dot and Geotab to develop a management…
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BMW, GS, LG open EV charging hub lounge in Seoul
BMW Group Korea said on Thursday it opened the electric vehicle (EV) Charging Hub Lounge with GS Group and LG…
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Korail to join Manila railway maintenance project
San Miguel CEO Ramon Ang(left) and Korail CEO Han Moon-hee South Korea’s state-run railway company Korea Railroad Corporation (Korail) said…
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Lotte to restructure bio business to focus on CDMO
Bird’s eye view of Lotte Biologics plants in Songdo, Incheon, South Korea (Courtesy of Lotte) South Korea’s retail-to-chemical conglomerate Lotte…
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Hyundai Department to triple healthcare sales by 2030 with Nestle
Nestle Health CEO Anna Mohl (on left) shakes hands with Hyundai GF Holdings CEO Jang Hojin Hyundai Department Store Group,…
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Will Samsung take over Nokia’s mobile network assets?
Samsung Electronics office in Seoul (File photo by Dae-chul Lim) Samsung Electronics Co., the world’s top smartphone maker, showed initial…
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Hanwha’s heir apparent to unearth new drivers, tighten grip
Polish President Andrzej Sebastian Duda (third from left), Hanwha Group Vice Chairman Kim Dong-kwan (second from left) at the International…
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Samsung supplies LPDDR4X auto chip to Qualcomm, set for LPDDR5 deal
Samsung agrees to supply its LPDDR4X automotive chip to Qualcomm South Korean tech giant Samsung Electronics Co. said on Tuesday…
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POSCO to sell entire stake in P&O Chemical to OCI amid corporate reform
POSCO’s headquarters in Seoul POSCO Future M Co., a battery materials affiliate of South Korean steel giant POSCO Holdings Inc.,…
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LG Energy looks to battery safety diagnosis software business
EV battery system jointly developed by LG Energy and GM LG Energy Solution Ltd., one of the world’s top battery…
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LG Electronics’ Indian unit logs highest first-half sales
A teacher is conducting a class, using LG’s electronic whiteboard, at a public high school in Laksheswar, India (Courtesy of…
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Samsung’s financial arms beat No.1 banking group KB in profit
Samsung Group’s financial services business has overtaken South Korea’s No. 1 banking group KB Financial Group in terms of net…
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Fashion OEM Hansae among bidders for GM Korea supplier
Erae AMS’ auto parts for advanced driver assistance systems (ADAS) (File photo, courtesy of Erae) The holding company of Hansae…
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(PLS EDIT, DO NOT PUBLISH) Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis unveils the MOBION EV, equipped with the next-generation e-corner system motion technology, at CES 2024 (File photo by…
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CJ Olive Young establishes new logistics center
South Korean beauty store chain CJ Olive Young said on Thursday that it has established the Olive Young Anseong Logistics…
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Hyundai Motor mulls connected car partnership with Google
(Courtesy of Hyundai Motor Group) Hyundai Motor Group is accelerating its efforts to join hands with global tech companies to…
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Samsung confirms strong Q2 profit on brisk AI chip sales
Samsung Electronics’ semiconductor manufacturing facility (Courtesy of Samsung Electronics) Samsung Electronics Co. on Wednesday reported 10.4 trillion won ($7.5 billion)…
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Sapien Semiconductors aims to overtake Novatek in microLED DDI chip
Sapien Semiconductors CEO Lee Myung-hee with the chip design firm’s LEDoS CMOS backplane product samples South Korea’s Sapien Semiconductors Inc.…
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LG Electronics posts record Q2 profit, to accelerate transition into AI leader
LG’s built-in home appliance LG Electronics Inc., a leading South Korean electronics maker, on Thursday posted its highest quarterly operating…
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Lamborghini unveils 1st plug-in hybrid SUV Urus SE in Korea
(Courtesy of Lamborghini) Italian sports car maker Lamborghini S.p.A. on Tuesday unveiled the Urus SE, its first plug-in hybrid super…
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LG Innotek to foster car communication parts business with digital key
LG Innotek employees showcase its next-generation digital car key solution (Courtesy of LG Innotek) South Korea’s LG Innotek Co. aims…
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Kia overtakes Hyundai in US EV market driven by SUVs
Kia EV3 concept Kia Corp., South Korea’s No. 2 carmaker behind its sister company Hyundai Motor Co., is racing ahead…
