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[EXCLUSIVE] Samsung raises foundry chip prices for Qualcomm, Tesla

Samsung Electronics has notified key clients of price increases of up to 20 percent for contract chip fabrication, following hikes by Taiwanese rival TSMC that are some of the steepest in its history.

2021-09-03

Hyundai Motor's global all-electric market-share rank slips

Hyundai Motor ranked No. 6 in the global all-electric vehicle market in the first half, a step down from last year.

2021-08-23

Tesla's Model 3 long-range version is out of stock in Korea

Tesla Korea has stopped selling its most popular car in Korea due to the lack of inventory.

2021-08-03

Kia starts selling the EV6, an all-electric SUV

Kia started sales of its all-electric EV6 SUV Monday, going head-to-head with Hyundai Motor’s Ioniq 5 and Tesla’s Model 3 and Model Y in Korea’s fast growing electric vehicle (EV) market.

2021-08-02

See ya Tesla and Apple! Hello Google and Roblox!

Tesla and Apple have long been the most popular foreign stocks for Korean investors — but not anymore.

2021-07-26

Tesla rules Korea's EV market in 1st half

Tesla rules Korea’s electric vehicle (EV) market, accounting for 43 percent of all passenger EVs sold in the first half of this year.

2021-07-12

Kaida says members are upping their eco-friendly offerings

The Korea Automobile Importers and Distributors Association (Kaida) said its members will have at least 131 eco-friendly models in the country – 53 all electric -- by 2023 to cope with the growing demand for electric vehicles (EVs).

2021-07-06

Half of imports sold are either BMW or Mercedes-Benz

One out of two imported cars sold in Korea this year as of June were either a Mercedes or a BMW models according to sales figure released by the Korea Automobile Importers & Distributors Association (Kaida) on Monday.

2021-07-05

New Kia, Mercedes cars expected to jump-start EV market

If you are thinking of getting an electric vehicle (EV) in Korea, July might be the time to do it.

2021-06-30

Unpopular plug plagues Tesla drivers in Korea as adapter delayed

Korea’s most popular EV has the least popular plug, meaning that drivers of Teslas may have trouble charging their rides.

2021-06-21

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