Search For "business news"
Genesis unveils GV60 Magma as brand's first high-performance electric vehi
Updated : 2 months ago IST
Genesis, the luxury brand of Hyundai Motor Group, unveiled its first high-performance model, the GV60 Magma, on Tuesday. The launch marks a significant expansion of the brand's electrified lineup with a specific focus on driving dynamics. According to a report by Pulse, the English service o
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Kia begins sales of updated compact truck Bongo with enhanced front-camera
Updated : 2 months, 1 week ago IST
Kia Corp. has commenced sales of The 2026 Bongo III, introducing a model-year update for its compact truck that prioritizes enhanced front-camera functionality and safety features. According to a report by Pulse, the English service of Maeil Business News Korea, the South Korean automaker ai
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LG Electronics to unveil AI home robot LG CLOiD at CES 2026
Updated : 2 months, 1 week ago IST
South Korean technology giant LG Electronics Inc. is set to debut its next-generation artificial intelligence home robot, LG CLOiD, at the Consumer Electronics Show (CES) starting Tuesday in Las Vegas, United States, as per a report by Pulse, the English service of Maeil Business News Korea.
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Samsung SDI, KG Mobility form cylindrical battery alliance
Updated : 2 months, 3 weeks ago IST
Samsung SDI and KG Mobility entered into a strategic alliance to create cylindrical battery packs for future electric vehicles. This partnership aims to help both companies gain a strong position in the growing market for advanced electric cars. As per a report by Pulse, the English service
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Ford cancels billion-dollar battery deal with South Korea's LG Energy Solu
Updated : 2 months, 3 weeks ago IST
South Korean battery maker LG Energy Solution Ltd. announced on Wednesday that a massive deal to supply batteries to Ford Motor Co. is now over. The American car company sent a notice to cancel the agreement because it is changing its plans for electric cars. This deal was worth about 9 tril
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Samsung Heavy secures approval for offshore floating SMR nuclear platform
Updated : 2 months, 4 weeks ago IST
Samsung Heavy Industries has taken a major step in offshore nuclear technology by developing a floating platform that can host small modular reactors, marking a shift in how nuclear power can be produced at sea, as per a report by Pulse, the English service of Maeil Business News Korea. The
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GM Korea commits USD 300 million investment, plans premium brand entry nex
Updated : 2 months, 4 weeks ago IST
GM Korea said it will invest USD 300 million in South Korea from next year and prepare to launch a premium brand in the country, as per a report by Pulse, the English service of Maeil Business News Korea. The company shared the plan at its 2026 Business Strategy Conference, placing the annou
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Hyundai Mobis opens new software R&D hub in Bengaluru to boost SDV capabil
Updated : 3 months ago IST
Hyundai Mobis launched a new software research and development hub in Bengaluru, marking a major step in its plan to grow its software-defined vehicle (SDV) work and reduce its dependence on China. The move places the South Korean auto parts maker deeper inside India's technology ecosystem,
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LG Energy Solution seals USD 1.4 billion EV battery deal with Mercedes-Ben
Updated : 3 months, 1 week ago IST
LG Energy Solution has signed a deal worth around 2 trillion won (USD 1.4 billion) with Mercedes-Benz Group AG to supply electric vehicle (EV) batteries, deepening the partnership between the South Korean battery maker and the German automaker. The agreement, valued at 2.06 trillion won, mar
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HD Hyundai moves forward to build shipyard in India
Updated : 3 months, 1 week ago IST
South Korean conglomerate HD Hyundai is moving forward with plans to establish a shipyard in India through cooperation with a local state government, as per a report by Pulse, the English service of Maeil Business News Korea.
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Samsung Electronics set to reclaim top spot in DRAM market in Q4
Updated : 3 months, 1 week ago IST
South Korean chipmaker Samsung Electronics Co. is expected to reclaim the top spot in the global DRAM (Dynamic Random Access Memory) market, driven by improving operating margins amid rising demand and higher prices for commodity memory, as per a report by Pulse, the English service of Maeil
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OpenAI's Stargate Project moves ahead with Samsung and SK in South Korea
Updated : 3 months, 1 week ago IST
OpenAI's ambitious Stargate Project is advancing steadily in South Korea, with major technology players Samsung and SK Group joining hands to build the future of artificial intelligence infrastructure, as per a report by Pulse, the English service of Maeil Business News Korea.
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