Goldman Sachs is seeking to acquire a controlling stake in Tmap Mobility, operator of Korea’s leading navigation app, from SK Square by the end of this year, seeing an investment opportunity in its lo...
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Hanwha Systems has won a contract to develop synthetic aperture radar (SAR) satellites for Korea's microsatellite constellation aimed at enhancing national security and disaster response capabilities,...
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LIG Defense & Aerospace's (LIG D&A) overseas expansion plans could be in jeopardy, as an ongoing bribery scandal threatens to disrupt its defense development and production pipeline through a potentia...
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Volkswagen’s Atlas is positioning itself as a family-oriented large SUV, combining child seat-friendly design, spacious seating and advanced safety features. The model has earned recognition in the Un...
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Kia has achieved solid earnings growth in the third quarter, supported by rising sales of hybrids, electric vehicles (EVs) and popular SUV models across major markets, the carmaker said Friday in a re...
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The Seoul AI Foundation has signed an agreement with the state-run Korea Institute for Robot Industry Advancement (KIRIA) to develop joint projects that combine artificial intelligence and robotics to...
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Hyundai Motor Group said Friday it will set up two special purpose companies next month to build and operate an artificial intelligence (AI) data center in Saemangeum — a massive reclaimed coastal zon...
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Samsung Electronics and Korea Gas Safety Corp. have agreed to tighten safety controls at semiconductor facilities in Korea and overseas, seeking to prevent gas-related accidents and protect production...
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Growing volatility in the Korean stock market is prompting investors' attention to U.S. dividend-paying stocks, with some seeking regular income rather than relying solely on stock price gains, market...
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SK Group conducted its annual executive reshuffle Friday, retaining the CEOs of major affiliates, including record-setting SK hynix, while reshuffling management at its energy-related units. Having re...
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