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S. Korea Aims to Take Up 12 pct of World’s EV Market by 2030

S. Korea Aims to Take Up 12 pct of World’s EV Market by 2030

SEOUL, Sept. 28 (Korea Bizwire) — South Korea seeks to significantly boost production of electric vehicles to more than double domestic carmakers’ global market share to 12 percent by 2030 and to be a global car industry powerhouse, the industry ministry said Wednesday. For the goal, the government vowed to provide tax incentives and various [...]

Gov’t to Improve Regulations for Commercial Adoption of Self-driving Cars

Gov’t to Improve Regulations for Commercial Adoption of Self-driving Cars

SEOUL, Dec. 23 (Korea Bizwire) — The government unveiled a revised road map on improving regulations for self-driving cars Thursday to hasten their commercial adoption starting next year. The road map, confirmed at an interagency government meeting earlier in the day, came as South Korea is expected to see a fast adoption of autonomous driving [...]

SK hynix Unveils Tech Road Map for Memory Industry

SK hynix Unveils Tech Road Map for Memory Industry

SEOUL, March 22 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, on Monday unveiled its technology road map for the memory chip industry, highlighting that reliability will be the major requirement for its future growth. SK hynix CEO Lee Seok-hee introduced the company’s vision for the industry at the International Reliability Physics Symposium, [...]