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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(PLS EDIT, DO NOT PUBLISH) Electrification, Hyundai Mobis’ growth engine for future mobility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…
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Net zero, digitalization to boost private infrastructure investment
Wooden block with green net zero icon (Courtesy of Getty Images) Infrastructure debt is a growing asset class with much…
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SK ties up with BlackRock-backed Korean startup for EV chargers
SK Signet EV chargers (File photo by SK Signet) SK Signet Inc., South Korea’s electric vehicle charger manufacturer, joined hands…
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POSCO E&C, KAERI to collaborate on HTGR techs
South Korea’s POSCO E&C said on Monday that it signed a memorandum of understanding (MOU) with the Korea Atomic Energy…
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Hana Financial mulls non-banking M&As for growth: CEO
Hana Financial Group Chairman Ham Young-joo speaks at the sidelines of the 2024 CEO Summer Forum hosted by the Federation…
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SK Square to ramp up chip investment with new CEO
SK Square taps its Chief Financial Officer Han Myung-jin as new CEO (Courtesy of SK) South Korea’s No. 2 conglomerate…
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SK Group, led by SK Hynix, to invest $77 billion in AI, chips
SK Group’s headquarters in Seoul SK Group, South Korea’s second-largest conglomerate after Samsung, is investing 106.4 trillion won ($77 billion)…
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Eugene PE, KDB PE to acquire Boryung Biopharma for $231 million
A consortium of Eugene Private Equity and Korea Development Bank Private Equity will acquire 80% of South Korean vaccine maker…
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SK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk
SK Pharmteco’s headquarters in Sacramento, California SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate,…
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LG Innotek eyes $1.4 bn in automotive sensor sales by 2030
LG Innotek employees show high-performance LiDAR sensors (left and right) and a heating camera module (Courtesy of LG Innotek) LG…
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Hyundai, LG Energy to jointly develop EV battery swapping service
Hyundai Motor Group headquarters in Seoul South Korea’s Hyundai Motor Co. will join forces with the world’s leading battery maker…
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Korea grants RideFlux temporary Level 4 self-driving permit
An autonomous driving vehicle made with RideFlux’s technology RideFlux Inc., a South Korean autonomous driving technology startup, has received a…
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LG Innotek begins supplying AI chip substrates to Big Tech
LG Innotek at CES 2023 LG Innotek Co., a leading South Korean electronics parts maker, for the first time, is…
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Hyundai Mobis unveils M.VICS 5.0
Hyundai Mobis, the world’s sixth-largest auto parts maker, unveiled the latest version of its next-generation integrated cockpit system M.VICS 5.0…
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LG Chairman Koo to embark on US trip to oversee battery, AI projects
LG Group Chairman Koo Kwang-mo Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, will embark on a weeklong business…
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Kia launches 2024 model year of Morning
Kia’s The 2024 Morning (Courtesy of Kia) Kia Corp. announced on Monday that it launched its flagship compact car Morning’s…
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Direct lending: a core allocation for investors?
(Courtesy of Getty Images) Private credit continues to lure investors, not least within one of the largest areas of private…
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Kia to install LG Electronics’ vehicle webOS in upcoming EV3 SUV
LG Electronics’ automotive WebOS installed on the Kia EV3 South Korea’s LG Electronics Inc. will supply its automotive web-based operating…
