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The Korea Herald

Companies

September 30, 2024
Hyundai Motor hits 10m milestone in car sales

Hyundai Motor Group marked the global cumulative production of 100 million cars Monday, a landmark record coming 57 years since the carmaker’s foundation. The company held a celebratory event at the car manufacturing plant in Ulsan earlier in the day, joined by Lee Dong-suk, head of domestic sale...
September 30, 2024
Air mobility leaders to convene in Dubai next week

As Dubai, the host city, has been under the limelight to become one of the main areas for the launch of electric vertical take-off and landing, or eVTOL, air taxis in the near future, the final day of the event will be focused on the Airtaxi Market Showcase, a new element of the ATWC that will demo...
September 29, 2024
[Herald Interview] Korea, Chile eye two-way benefits in green energy

With a renewed push toward a leading green energy supplier with its vast energy resources, Chilean government officials urged South Korea, which shares similar goals in reducing dependence on fossil fuels, to expand investments to Chile and boost strategic partnerships. “The challenge today for C...
September 29, 2024
LG Energy Solution seeks top talent at battery event

LG Energy Solution continues to put efforts into gathering top battery talents as the company looks for future leaders in the industry by hosting recruitment events. According to the battery maker Sunday, it held a Battery Tech Conference, or BTC, the company’s annual offline recruitment event, a...
September 29, 2024
SK On offers voluntary retirement amid losses

SK On, the battery manufacturing subsidiary of SK Group, has announced the launch of a voluntary retirement program as part of its efforts to enhance workforce efficiency and to turn a profit by the end of this year. In a statement released Thursday, SK On outlined two key initiatives: a special l...
September 29, 2024
Delta Air Lines to launch new Incheon-Salt Lake City route in June next year

ATLANTA – Delta Air Lines is launching a new route between Incheon and Salt Lake City in June next year to become the only route connecting Asia and the US city. While flight schedules and operating hours are yet to be finalized, the new route is set to operate seven times a week. During a press ...
September 29, 2024
AmCham reaffirms Korea-US partnership in Washington

The American Chamber of Commerce in Korea said Friday it has completed the five-day business trip to Washington DC held earlier this month, reasserting Korea-US economic partnership. The AmCham delegation comprising senior executives from key member companies, such as LG Energy Solution and Posco ...
September 27, 2024
GS, LlamaIndex host seminar on AI innovation

South Korean energy, retail and construction giant GS Group said Friday it hosted its GenAI Connect Day workshop at its Yeoksam headquarters to share global trends in artificial intelligence. The event was jointly organized with LlamaIndex, a San Francisco-based company specializing in AI services...
September 27, 2024
Young Poong says no better offer for Korea Zinc

Amid the intensified dispute over the management of Korea Zinc, the world’s largest zinc smelter, a Young Poong executive stressed Friday that the company was placed in a “desperate” position as its decadeslong partnership with Korea Zinc fell through. “Young Poong was desperate enough to give...
September 27, 2024
LG Energy Solution wins battery quality award in China, beating CATL, BYD

LG Energy Solution has been recognized in China for delivering the most high-quality electric vehicle batteries by the 2024 China Automotive Quality Research Awards, surpassing local manufacturers CATL and BYD in this category. The award ceremony, held in Beijing on Tuesday, was organized by Chine...
September 27, 2024
Posco Future M, GM push back timeline for Canadian battery materials plant

Posco Future M and General Motors have pushed back the completion of their cathode material plant in Canada, which is part of their joint venture, Ultium CAM. Originally scheduled to be finished by the end of this month, the plant’s completion has now been delayed to a yet-to-be-determined date. ...
September 27, 2024
Posco’s volunteer program fosters spirit of sharing

South Korean steel giant Posco Group said Friday that it hosted two work camps for university students in North Gyeongsang Province and South Jeolla Province from July to August. The company annually recruits university students for its volunteer group, called Beyond. This year, 50 students from 4...
September 26, 2024
HanmiGlobal ranks 8th in global CM/PM sales

South Korean construction management firm HanmiGlobal said Thursday that it has been ranked 8th in Engineering New Record’s top construction management and project management firms of the year. This year marks the fourth consecutive year the firm has secured a spot in the top 10. The annual ranki...
September 26, 2024
Hyundai Mobis wins cybersecurity certification in Europe

Hyundai Mobis has become the first automotive parts supplier in Asia to receive a cybersecurity certification from ENX Association, bolstering its chances of securing orders worldwide. According to the auto parts manufacturer under Hyundai Motor Group Thursday, it held a cybersecurity certificatio...
September 26, 2024
Hyundai Motor, EcoPro BM to develop LFP battery tech

Hyundai Motor Group said that it is partnering with battery materials company EcoPro BM on Thursday to develop its own lithium iron phosphate, or LFP, batteries for electric vehicles. Executives from Hyundai Motor Group, EcoPro BM and Hyundai Steel -- the carmaker’s steel manufacturing affiliate ...

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099