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Samsung Electronics and LG Electronics are seen to be renewing their decadeslong competition in the home appliance market with their first all-in-one washer-dryer machines, which combined the two full-capacity laundry machines to complete the entire laundry process in one step. Both Samsung and LG...
Hyundai Motor Group has been winning dozens of awards with its diverse lineup of electric vehicles across the globe and is looking to continue adding more to its trophy collection. According to the South Korean auto conglomerate on Tuesday, the EVs of its three brands -- Hyundai Motor Company, Kia...
CJ CheilJedang said Tuesday it participated in the 2024 Natural Products Expo West, the world's largest trade event in the food industry, to showcase its key products and K-food innovation overall. Held in Anaheim, California, the expo marked its 42nd anniversary, attracting around 3,000 companies...
Hyundai Motor, South Korea's leading automaker, said Tuesday it has been named an official sponsor of the US Major League Baseball (MLB) World Tour Seoul Series set to open in South Korea this week. The tour features regular MLB season games played in various countries, with this year's tour stopp...
The South Korean antitrust regulator said Tuesday it approved US software company Ansys, Inc.'s acquisition of a minority stake in Safe Parent, Inc. which owns the world's largest crash test dummy manufacturer of Humanetics. Ansys, which develops engineering simulation software, intends to purchas...
Ingka Group, the owner of most IKEA stores, aims to bring prices back to "inflation-adjusted" pre-pandemic levels by the end of next year. Ingka Group has 379 stores in 31 countries. The total number of IKEA stores, including Ingka's, around the world reaches 471 in 63 markets. Globally, the unli...
Local real estate asset manager Igis Asset Management is set to move forward with its plan to refurbish the office area near the Seoul Station, having recently acquired two office properties on the site. The asset manager announced Monday it had acquired Metro Tower (41,139.6-square-meters) and Se...
Kumho Tire recently introduced EnnoV, the company's newly branded lineup of tires designed specifically for electric vehicles, stepping up its game in the EV tire competition with Hankook Tire & Technology’s iON brand. The launch took place during the EnnoV Experience Day at the Korea Automobile ...
Other new features include the “pause detect” mode, which senses when the device is put down and automatically turns off the heat and motor to save energy. When the user picks up the device again, it turns back on to full operation. Dyson also included attachment learning technology for its upgr...
Asiana Airlines on Monday announced that it has become the first domestic airline to win the Certification of Cross Border Transfers of Personal Information, as mandated by China's Personal Information Protection Law. This certification affirms the company's adherence to the stringent requirements...
Korean Air on Monday said it plans to expand the number of its international flights for the upcoming summer season, elevating its operational rate to nearly 96 percent of pre-pandemic levels. From March 31 through Oct. 26, the company will resume operations of weekly flights to four cities, inclu...
Major South Korean shipyard HD Korea Shipbuilding & Offshore Engineering said Monday it has bagged a 489.6 billion-won ($372 million) order to build three very large ammonia carriers for an Oceanian shipper. HD Hyundai Heavy Industries, one of HD Korea Shipbuilding's three shipbuilding units, will...
The company will stick to the current shareholder return policy -- the three-year plan starting this year -- but will continue to listen to shareholders' opinions and reflect them in the next round of policy after the fiscal year of 2025. Instead of buying more of its own shares, the company has a...
The number of eco-friendly vehicles sold by Hyundai Motor Company and Kia across the globe has surpassed five million, achieving the milestone after 15 years. According to the South Korean automakers on Sunday, the accumulated sales of their eco-friendly vehicles stood at 4,995,891 units as of las...
The Ioniq 5, the first EV to have been built on the automakers’ EV-dedicated modular platform, has logged sales of some 290,000 units as it won multiple car of the year awards worldwide. Hyundai Motor Group, which retained the world’s third-largest automaker by sales volume for two years in a ro...
Samsung-LG rivalry renewed in all-in-one washer
[KH Explains] Will Kakao Bank secure footing in untapped Thai market?
Drugmakers feeling pinch from doctors’ walkout
LG Energy Solution makes breakthrough in battery lifespan
Hyundai Motor Group continues to rack up EV accolades
CJ CheilJedang showcases K-food innovations at US expo