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Automobiles Hyundai CEO Muñoz named MotorTrend Person of the Year

South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the most powerful figure in the in...

Aerospace & Defense Doosan Enerbility, KAI to cooperate on aero engine localization

South Korea's Doosan Enerbility Co. and Korea Aerospace Industries Ltd. (KAI) said on Tuesday that the two companies signed a memorandum of understa...

Aerospace & Defense S.Korea’s KF-21, Lockheed's F-16 shortlisted for Philippine fighter jet deal

South Korea’s homegrown fighter jet KF-21 is competing against US defense firm Lockheed Martin Corp.’s F-16 for the Philippine governmen...

Logistics CJ Logistics transports KAI’s T-50TH to Thailand

South Korea's CJ Logistics transported two T-50TH fighter jets, manufactured by Korea Aerospace Industries Ltd. (KAI), to Thailand, the company sa...

Aerospace & Defense KAI, Hanwha Systems to collaborate on special operations helicopter

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Thursday it signed an exclusive memorandum o...

Aerospace & Defense KAI selected as PBL provider for Philippine FA-50

Korea Aerospace Industries Ltd. (KAI), the country's sole military aircraft manufacturer, said on Friday that it was selected as the performance-bas...

Aerospace & Defense KAI, TAI ink deal to boost T-50TH support

Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...

Aerospace & Defense KAI to supply firefighting helicopter to Gangwon Province

Korea Aerospace Industries Ltd. (KAI) announced on Friday that it signed a 33 billion won ($24 million) contract with Gangwon Special Self-Governing...

Aerospace & Defense KAI inks $1.4 bn supersonic fighter jet mass production deal

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, said on Tuesday it signed a 2 trillion won ($1.4 bil...

Aerospace & Defense KAI inks $723 mn eVTOL aircraft parts deal with Brazil’s Eve

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, said it signed a 1 trillion won ($723 million) deal ...

Energy Power transformer sales explode on AI boom: HD Hyundai Electric CEO

Cho Seok, chief executive of HD Hyundai Electric Co., is an outsider at Korea Inc.When he was named CEO of the power equipment maker in December 201...

Aerospace & Defense KAI to develop future aerial mobility, single-seat aircraft

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, plans to develop future aerial mobility to secure a ...

Aerospace & Defense KAI, Hyundai Rotem start space mobility working group

Korea Aerospace Industries Ltd. (KAI) and Hyundai Rotem Co. announced on Friday that they held a kickoff meeting for a working group on the commerci...

Aerospace & Defense KAI to invest $76 mn in unmanned fighter jets

Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologi...

Aerospace & Defense KAI sees record-high earings in 2023

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, posted record revenue last year, boosted by the ex...

Aerospace & Defense KAI completes 1st batch of fighter jet exports to Poland

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, completed its first batch of fighter jet exports to ...

Aerospace & Defense KAI secures $1.1 bn deal to mass-produce light-armed helicopters

Korea Aerospace Industries Ltd. (KAI), the sole military aircraft manufacturer in the country, announced on Wednesday that it has signed a contract ...

Aerospace & Defense KAI inks support deals for exported fighter jets to Poland

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, agreed with Polish companies on follow-up support me...

Aerospace & Defense KAI inks deal with SpaceX to launch mid-sized satellites in 2025

Korea Aerospace Industries Ltd. (KAI) announced on Friday that it has signed a deal with the US space firm SpaceX to launch South Korea's next-gener...

Aerospace & Defense KAI participates in Dubai Airshow 2023

Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Tuesday that it has participated in the "Duba...

Aerospace & Defense KAI participates in Thailand's Defense & Security 2023

Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...

Aerospace & Defense Space industry to usher in Saudi Arabia's 2nd boom: KAI

Korea Aerospace Industries Ltd. (KAI) on Wednesday signed a memorandum of understanding with the Saudi Space Agency (SSA) to collaborate broadly in ...

Aerospace & Defense KAI, Lockheed Martin to team up for large utility helicopter

Korea Aerospace Industries Ltd. (KAI) and the US-based Lockheed Martin Corp. have agreed to collaborate on entering the special operations large uti...

Aerospace & Defense KAI participates in International Astronautical Congress 2023

Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, participated in the 74th International Astronautical Congr...

Aerospace & Defense KAI's FA-50 participates in NATO Days 2023

Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Monday that its FA-50GF light fighter expor...

Aerospace & Defense KAI participates in Poland's defense exhibition

Korea Aerospace Industries Ltd. (KAI) announced on Wednesday that it is participating in the MSPO International Defence Industry Exhibition in Kielc...

Aerospace & Defense KAI inks deal with Airbus for production of 300 helicopters

Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, and Airbus Helicopters SAS (AH) announced on Thursday that...

Aerospace & Defense KAI flies FA-50 fighter jets with pride at Radom Airshow

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is stepping up its defense export marketing efforts ...

Tech, Media & Telecom Zuck’s Threads losing battle against Musk’s X in South Korea

Meta CEO Mark Zuckerberg is losing a fight against Tesla CEO Elon Musk in the South Korean short-form social media platform sector.Threads, Meta&rsq...

Aerospace & Defense KAI opens office in Polish Air Force base

South Korea's leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it opened its sixth overseas base on Wednesday at the 2...