automotive broadcast system

Business & Politics US tariffs add risk premium to dollar assets: Maurice Obstfeld

WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...

Banking & Finance Shinhan to lead financing for battery storage project in Japan

Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...

Batteries Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era

Hanwha Ocean Co. and Samsung SDI Co. will start evaluating their jointly developed lithium-ion battery system for a submarine with South Korea&rsquo...

Tech, Media & Telecom Samsung fends off Apple to reclaim global smartphone crown in Q1

Samsung Electronics Co. has regained its position as the world’s top smartphone vendor in the first quarter, outpacing Apple Inc. despite the ...

Tech, Media & Telecom LG CNS breaks into US smart city market

LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...

Electronics Samsung expands automotive MLCC supply to BYD, other Chinese firms

Samsung Electro-Mechanics Co. is supplying several million dollars' worth of multilayer ceramic capacitors (MLCCs) to BYD Co. and Chinese automotive...

Aerospace & Defense Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...

Automobiles Hyundai’s new American dream comes with new plant, more spending

ELLABELL, Georgia – When Hyundai Motor Group Honorary Chairman Chung Mong-koo opened the South Korean automaker’s first US plant in Alab...

Leadership & Management Samsung Chairman Lee meets with Xiaomi CEO Lei Jun for partnership

BEIJING – Samsung Electronics Co. Chairman Lee Jae-yong has met with Xiaomi Inc. Chief Executive Lei Jun in the Chinese capital, raising specu...

Corporate strategy LG Group units step up joint marketing for in-vehicle electronics

Chief executives of LG Group’s key units, including LG Electronics Inc., will visit the headquarters of global carmakers for a series of close...

Leadership & Management Samsung in 'do or die' situation'; Lee sounds crisis alarm

Samsung Electronics Co. Chairman Lee Jae-yong has warned the company's executives that the South Korean tech giant has lost its characteristic "rele...

Pension funds NPS to mull responsible investment system for alternative investments

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is poised to consider expanding its responsible in...

Korean chipmakers Samsung’s system chip, foundry business under close scrutiny for overhaul

Samsung Electronics Co., the world’s largest memory chipmaker, has put its system chip and foundry businesses under tight scrutiny for a possi...

Korean startups Hyundai Motor spins off 4 in-house startups in energy, AI, mobility

South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation a...

Electronics LG Innotek ventures into automotive AP module market

LG Innotek Co., a major South Korean electronics parts developer, has forayed into the automotive application processor (AP) module market, poised f...

Aerospace & Defense S.Korea’s Hanwha eyes L-SAM exports with UAE’s EDGE  

Hanwha Group’s Vice Chairman and heir apparent Kim Dong-kwan is on the front line to export South Korea's latest homegrown air defense system ...

Electronics Samsung's Harman goes from ugly duckling to golden swan

When Samsung Electronics Co. acquired Harman International Industries Inc., a global leader in the audio and automotive electronics business, in 201...

Earnings Hanwha Systems posts record earnings in 2024 on brisk defense sales

Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems i...

Mergers & Acquisitions Korea Zinc, MBK-Young Poong alliance to fight over cumulative voting

The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has n...

Korean startups Imagoworks raises $15.6 mn in Series C funding

Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...

Aerospace & Defense Hanwha Systems to export K11's tactical control to Egypt

Hanwha Systems Co., a leading South Korean defense company, said on Monday it will export fire tactical control systems of K11 Fire Direction Center...

Batteries LG Energy, Qualcomm to commercialize BMS solution

South Korea's LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based bat...

Electronics Samsung Display, Dolby to collaborate on automotive OLEDs

South Korea's Samsung Display said on Thursday it signed a memorandum of understanding (MOU) with Dolby Laboratories to jointly promote Dolby's high...

Energy Samsung C&T, Hitachi Energy to team up for HVDC projects

South Korea's Samsung C&T Corp. said Monday it signed a memorandum of understanding (MOU) with Sweden's Hitachi Energy to cooperate for high-vol...

Economy South Korea’s economic system remains resilient: finance minister

The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...

Electronics Harman to spearhead Samsung’s automotive solutions business

Samsung Electronics Co. will bolster cooperation in in-vehicle technology with its fully owned US subsidiary Harman International Industries Inc. to...

Business & Politics S.Korea to ease rules for employment permit system

The South Korean government plans to revamp its employment authorization system to allow foreign workers to stay in the country longer. Foreign...

Artificial intelligence DeepBrain AI to introduce AI anchor for Japanese terrestrial TV

South Korea's generative AI startup DeepBrain AI said on Thursday it partnered with Japan-based Nippon Electric Company (NEC) to introduce AI anch...

Korean stock market Korean pension funds buy a net $1.2 bn in Kospi stocks in November

South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases o...

Executive reshuffles Samsung to replace chiefs of 3 key posts: Memory, foundry, system LSI

Samsung Electronics Co. plans to replace the three key posts of its semiconductor business — memory, foundry and system LSI — as the Sou...