Samsung Electronics Chairman Lee Jae-yong is visiting Germany to strengthen the company’s foothold in the automotive electronics business. Eyes are on how he will use time in Germany to map out the company's business plan moving forward.
ZKW, an automotive subsidiary of LG Electronics, will develop electric vehicle (EV) fronts with Rehau Automotive, a German auto part supplier.
The Korean company established a legal entity in Hanoi, Vietnam, dedicated to automotive parts R&D.
Samsung Electro-Mechanics has developed an automotive semiconductor package substrate tailored to driving assistance systems, in a move that extends the usable range of chip products for cars.
Honda Korea, Mercedes-Benz Korea and three other companies will voluntarily recall more than 70,000 vehicles to fix faulty components, the transport ministry said Thursday.
Samsung Electronics started mass-producing new automotive memory chips designed to store and transfer a high volume of data under extreme temperature conditions, the company announced on Thursday.
LG Electronics purchased a majority stake in Cybellum, an Israeli automotive security company, part of its move into automobile parts and technologies.
Chung Mong-koo, honorary chairman of Hyundai Motor Group, was inducted into the Automotive Hall of Fame at the 2020/2021 Induction and Awards Ceremony in Detroit on July 22.
Work on joint venture between the Gwangju local government and Hyundai Motor began two years ago. The country’s first mini SUV — currently labeled the AX1 — will be rolling off of Gwangju Global Motors' production line in September.
LG Electronics’ exit from the money-bleeding smartphone business will immediately stanch trillions of won in losses and allow reallocation of corporate funding to more profitable sectors.
Korea JoongAng Daily Sitemap