SEOUL, March 31 (Korea Bizwire) — Samsung SDI Co., South Korea’s second-biggest battery maker, said Monday it has begun supplying next-generation 46-series cylindrical batteries to a U.S. company. Samsung SDI produces 4695 batteries, measuring 46 millimeters in diameter and 95mm in height, at its domestic plant and assembles them into modules at its Vietnamese plant [...]
SEOUL, March 31 (Korea Bizwire) — Hyundai Motor Co. said Monday it will open a global recruitment program this week to secure top-tier overseas talent across various fields of engineering. The company plans to open the program for hiring overseas engineering Ph.D. holders, as well as an internship program for foreign university students studying in [...]
JEJU, South Korea, March 29 (Korea Bizwire) — Long overshadowed by the island’s famed black pigs, Jeju’s native black cattle, known as Jeju Heukwoo, are emerging as a key focus of local branding and preservation efforts. Once on the brink of extinction, the breed is now being positioned as a premium regional specialty through expanded government [...]
SEOUL, March 29 (Korea Bizwire) — Hyundai Motor Group on Friday introduced Pleos, its new mobility software brand and technology platform, as part of a bold strategy to transform itself into a software-centered mobility tech company. The announcement was made during the group’s developer conference Pleos 25, held at COEX in Seoul. Pleos — a fusion [...]
SEOUL, March 28 (Korea Bizwire) – Hyundai Motor Group on Friday outlined a road map to implement advanced autonomous driving technology across its vehicle lineup, aiming to apply Level 2+ features by the end of 2027. The goal was announced during the group’s Pleos 25 developer conference, held at COEX in Seoul, where Hyundai invited [...]
SEOUL, March 28 (Korea Bizwire) — A new government report has revealed a growing polarization in housing among young South Koreans in their early 30s, with more individuals shifting either into monthly rentals or homeownership—while the once-dominant jeonse (lump-sum deposit lease) model continues to decline. Published Wednesday by Statistics Korea’s National Statistical Research Institute, the [...]
SEOUL, March 28 (Korea Bizwire) — Lotteria, a burger chain operated by Lotte Group’s affiliate Lotte GRS Co., will raise prices of its main products next week to pass higher costs onto customers, Lotte GRS said Friday. Lotteria will raise the prices of 65 items, including 23 burgers, beverages and desserts, by an average of [...]
SEOUL, March 28 (Korea Bizwire) — The Korea Customs Service (KCS) said Friday it has launched a special unit to “preemptively” protect domestic companies from potential fallout due to the latest tariff measures by the U.S. administration. The team aims to minimize anticipated disruptions stemming from U.S. President Donald Trump’s planned reciprocal tariffs, which are [...]
SEOUL, March 28 (Korea Bizwire) — Kia introduced its new mid-size pickup truck, the Tasman, at a Tech Day event held Thursday on Seoul’s Floating Island in Seocho District. Highlighting the company’s foray into authentic pickup territory, Kia emphasized the Tasman’s rugged durability, off-road prowess, and substantial payload capabilities. Described by the automaker as the [...]
SEOUL, March 28 (Korea Bizwire) – Among 2,047 high-ranking South Korean officials required to disclose their assets, many have significant holdings in major international technology companies, according to government records released on March 27. Deputy Prime Minister and Finance Minister Choi Sang-mok invested nearly 200 million won in 30-year U.S. Treasury bonds last year, while [...]