Spot

Robotics Hyundai-owned Boston Dynamics’ Spot embarks on public safety missions

Spot, a quadruped robot developed by Boston Dynamics Inc., will aid defense and safety agencies in Australia, New Zealand and Indonesia to assist in...

Cryptocurrencies S.Korea to allow listed firms to trade cryptocurrencies in second half

South Korea plans to allow companies listed on the local stock market to trade virtual assets, including cryptocurrencies, on a pilot basis in the s...

Earnings Shinhan Bank reclaims top spot as S.Korea’s leading lender

Shinhan Bank, a key arm of Shinhan Financial Group, reclaimed its position as South Korea’s top lender posting its largest-ever profit in 2024...

Regulations Korea seeks to ease fintech ownership, crypto regulations

South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...

Electronics Korean displays regain top spot with premium information tech OLEDs

South Korean display makers regained ground in the global organic light-emitting diode (OLED) panel market in the second quarter, elbowing out the p...

Economy South Korea’s Economy Picks Up But Still Disappoints

South Korea’s economy was weaker than expected in the third quarter, weighed by lackluster exports, though it improved from the previous quart...

Automobiles Kia to sweep top three spots in Korea car sales on SUV, hybrid boom

Kia Corp., South Korea’s No. 2 automaker, is poised to claim the top three spots on the country’s best-selling car list this year thanks...

Retail CU, GS25 in fierce race for top spot in Korea’s convenience store market

Using multiple measures, CU and GS25 both claim they are the No. 1 player in South Korea’s convenience store (CV) market.CU, operated by BGF R...

Korean chipmakers SK Hynix unveils industry’s 1st 10-nanometer DDR5, aims for top spot

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., has emerged as the dominant player in the sought-aft...

Automobiles Genesis tops TXI for fourth consecutive year in US

Hyundai Motor Co.'s premium brand Genesis and Hyundai Motors ranked first in the J.D. Power 2024 US Tech Experience Index (TXI) Study.The American...

Machinery HD Hyundai aims for world’s No. 5 spot in construction machinery

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is making big bets on Europe and South America to achieve its goal of seizin...

Automobiles RVs, SUVs sweep top 4 spots in South Korea’s first-quarter auto sales

Recreational vehicles (RVs) and sport utility vehicles (SUVs) achieved an unprecedented feat by claiming the top four spots on the list of best-sell...

Shipping & Shipbuilding HD Hyundai Marine Solution aims for top spot in global ship repair market

When the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a ...

Shipping & Shipbuilding Korea reclaims top spot in global shipbuilding orders in February

South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...

Earnings Hyundai Motor, Kia: S.Korea’s highest earners, Tesla’s biggest rival in US

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, became the country’s highest earners in 2023, buoyed by robust sa...

The KED View Yes to cannabis but no to bitcoin?

Aftershocks continue in the South Korean financial market following the country’s financial regulator’s ban on the trading of spot bitco...

Cryptocurrencies Foreign-listed bitcoin ETF trading suspended in S.Korea

South Korean investors’ years-long trading of spot-bitcoin exchange-traded funds (ETFs) listed in Canada and Germany was abruptly suspended du...

Retail Shinsegae Gangnam stands out among department stores with $2.3 bn sales

Shinsegae Department Store, South Korea’s leading retail business operator, said on Thursday its flagship store in Gangnam, an upscale distric...

Robotics Doosan Robotics eyes top spot in cobot market after Oct IPO

SUWON – South Korea’s Doosan Robotics Inc. is aiming for the top spot in the collaborative robot market excluding China, zooming in on t...

Korean startups AI, SaaS rule October D.Day with Amber Road snagging top spot

Amber Road won this month’s D.Day, South Korea’s oldest monthly startup pitch competition held on Thursday, with its artificial intellig...

Korean SMEs Neo Chair cements No. 1 spot as office chair brand on Amazon

Neo Chair, almost unheard of in its home country South Korea, is the top-selling office chair brand on Amazon, the world's largest e-commerce platfo...

Robotics Robot dog Spot patrols Kia auto plant late at night

South Korean carmaker Kia Corp. ’s plant in Hwaseong, a southern suburb of Seoul in Gyeonggi Province, is guarded late at night by Spot, a fou...

Automobiles Tesla Model Y reclaims spot as Koreans' favorite foreign car in September

The Tesla Model Y reclaimed the top spot on the best-selling imported car list in South Korea last month for the first time since September 2022. Th...

Automobiles Hyundai Motor clinches top spot in Indian dealer satisfaction study

South Korea’s Hyundai Motor Co. has emerged as the leader in India’s mass-market satisfaction segment, according to an annual survey by ...

Korean chipmakers SK Hynix leads DRAM industry’s Q2 revenue rebound, retakes No. 2 spot

SK Hynix Inc. saw its DRAM chip shipments significantly increase in the second quarter, leading the industry’s overall revenue rebound, market...

Bio & Pharma SK Biopharm eyes Asia's No.1 spot in radioactive drug market

South Korea’s SK Biopharmaceuticals Co. is aiming to triple its enterprise value to $15 billion by 2026 with the goal of rising to the top run...

Automobiles Hyundai Motor, Kia regain top spot in Vietnam's auto market

Hyundai Motor Co. and Kia Corp. are solidifying their dominance in the Vietnamese car market through the launch of new models and competitive lineup...

Mergers & Acquisitions Daewoo Shipbuilding enters new chapter as Hanwha Ocean  

Daewoo Shipbuilding & Marine Engineering Co. (DSME), South Korea’s cash-deprived second-largest shipbuilder, has rebranded itself Hanwha O...

Electric vehicles Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3

South Korea’s top automaker Hyundai Motor Co. will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next d...

Batteries LG Energy Solution drops to third on global market for EV battery in Q1

South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...