range rover

Steel POSCO to invest in Hyundai Steel’s Louisiana plant

South Korea’s top steel maker POSCO has decided to invest in Hyundai Steel Co.'s first overseas plant in Louisiana and collaborate on research...

Tech, Media & Telecom South Korea’s alternative data pioneer KED Aicel in full force

South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...

Batteries LG Energy to supply batteries to US solar EV startup Aptera for 7 years

LG Energy Solution Ltd., the world’s third-largest battery maker, agreed to supply cylindrical products to Aptera Motors Corp., a US solar ele...

Korean stock market Kospi to move in 2,350-3,200 range in 2025: brokerages

South Korean stocks are expected to bounce back in the new year as their extremely low valuation following investors’ massive sell-offs in 202...

Automobiles Hyundai IONIQ 6 named best EV by Kelley Blue Book

Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the best electric vehicle (EV) by Kelley Blue Book, the US vehicle valuation and automotiv...

Automobiles Hyundai zeroes in on hybrid cars, longer-range EVs

Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or ...

Tech, Media & Telecom Samsung tops S.Korean smartphone market with 76% share

In the second quarter of this year,  the market share of Samsung Electronics Co. in the South Korean smartphone market slightly increased, whil...

Aerospace & Defense South Korea to extend export missile range from 300 km to 500 km

South Korea has decided to extend the range of missiles for export to 500 kilometers from the current 300 km after accepting requests to do so from ...

Mergers & Acquisitions Acquisition loan rates dip to pre-pandemic levels in S.Korea

Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level, rates last seen before COVID-19 swept the world, height...

Korean games NCSOFT invests in Swedish game startup Moon Rover Games

NCSOFT Corp., a South Korean game developer, said on Tuesday it has made an early stage investment of $3.5 million in Swedish game startup Moon Rove...

Economy S.Korea’s inflation holds below 3% for 3rd straight month

South Korea’s headline inflation stayed in the 2% range for the third straight month in June after its slowest rate of increase in 11 months, ...

Automobiles Hyundai Motor releases Casper Electric teaser images

Hyundai Motor Co. on Tuesday released a teaser image of the electrified model of its first city sports utility vehicle (SUV) The Casper Electric.T...

Economy S.Korea’s inflation slows to 10-month low amid tight policy

South Korea’s headline inflation slowed to a 10-month low in May as the Bank of Korea kept its interest rate policy tight, adding to the centr...

Aerospace & Defense LIG Nex1 participates in Malaysia's DSA 2024

South Korea's major defense system developer LIG Nex1 Co. announced on Tuesday that it's participating in the Defence Services Asia (DSA) 2024 exhib...

Upcoming IPOs Korchip sets IPO price above expected range

South Korea's micro secondary battery manufacturer Korchip set its IPO price at 18,000 won ($13.15), exceeding the upper end of the expected range (...

Banking & Finance Toss Bank exceeds 10 mn customers

South Korea’s fintech platform Toss Bank saw that its subscribers surpassed 10 million. According to the company, it's been two years and...

Artificial intelligence Hanwha Vision unveils cloud, AI security techs in US

South Korea's Hanwha Vision Co. announced on Friday that it participated in the International Security Conference & Exposition (ISC) 2024, the l...

Automobiles Hyundai Mobis develops integrated module for EV front face

Hyundai Mobis Co., the world’s sixth-largest automotive parts maker, known as Mobis outside of its home South Korea, announced Thursday that i...

Automobiles BMW joins other foreign brands’ moves to use domestic car GPS in Korea

German luxury carmaker BMW Group is installing domestic GPS navigation systems in models sold in South Korea, joining other imported car brands&rsqu...

Batteries LG Energy to buy more Australian lithium for US EV benefits

LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) battery maker, said on Wednesday it was set to buy more lithium, a ke...

Batteries LG Energy, KAIST develop Li-Metal battery tech for improved EV range

South Korea’s LG Energy Solution Ltd. and the Korea Advanced Institute of Science & Technology (KAIST) have developed a lithium-metal batt...

Future mobility Hyundai Motor’s Uniwheel offers new paradigm for future mobility

Mobility has evolved at an incredible pace over the years. But there’s one thing that hardly changes – the configuration of the drivetra...

Aerospace & Defense Hanwha Ocean to target Southeast Asian defense market

South Korea's Hanwha Ocean Co. will participate in Defense & Security (D&S) 2023 in Bangkok, Thailand. The company said on Thursday it ...

Beauty & Cosmetics Shinsegae Int’l to be exclusive distributor of D&G Beauty in S.Korea

South Korea's Shinsegae International said on Tuesday that it has signed an exclusive distribution contract with the Italian cosmetic brand Dolce &a...

Automobiles Hyundai IONIQ 6’s engine named best in US

Hyundai Motor Co. announced on Friday that its electric vehicle (EV) IONIQ 6 sedan's powertrain was named one of the "2023 Wards 10 Best Engines and...

Aerospace & Defense Poongsan develops 155 mm extended range projectile

Poongsan Corp., one of South Korea’s leading copper smelters and defense equipment makers, announced on Tuesday that it developed 155 mm exten...

Artificial intelligence S.Korean companies rushing to launch exotic AI-based services

Lowered barriers in South Korea to the introduction of artificial intelligence (AI) have fueled the growing popularity of unique AI services. The em...

Automobiles KG Mobility to launch electric SUV Torres EVX in September

South Korea's KG Mobility Corp., formerly Ssangyong Motor, announced on Monday that it has confirmed the release of the electrified version of its s...

Electronics Samsung, LG rank top in J.D. Power’s appliance satisfaction study

Samsung Electronics Co. and LG Electronics Inc. top ranked in J.D. Power's 2023 US Appliance Satisfaction Study of nine major categories. J.D. ...

Automobiles Hyundai Motor’s IONIQ 6 shows off 3rd-longest driving range in US  

The IONIQ 6, the first fully electric sedan by Hyundai Motor Co., has been named one of the top three distance champions in the US based on tests by...