Audi Korea’s newly launched EV model Audi e-tron GT Quattro offers a comfortable long-distance driving experience, and convenient but sporty features. The carmaker’s first all-electric model Audi RS e-tron GT embodies agile and dynamic handling, and the materials used for the interior are all recycled, enhancing sustainability. By launching diverse high-performance models, Audi Korea aims to br...

A select number of small-sized Korean companies had the opportunity to promote their products to Chinese and Southeast Asian consumers through live commerce platforms. China’s Taobao, Southeast Asia’s largest live commerce platform WebTVAsia, and Korea’s Naver Shopping Live participated in the event. Aside from live commerce and online consultations, four selected Korean SMEs held a launching ev...

South Korea's spy agency warned Wednesday of a possible rise in the number of hacking attempts to glean information on the country's diplomatic and security affairs ahead of the March presidential election. In a document on cybersecurity, the National Intelligence Service said state-backed hackers could beef up attempts to steal information on Seoul's North Korea policy and other security issues...

LG Group’s chemicals and battery units, LG Chem and LG Energy Solution, said Wednesday that they had acquired a 2.6 percent stake in Canadian battery recycling company Li-Cycle Holdings by investing 30 billion won ($25.3 million) each. Li-Cycle, based in Toronto, operates North America’s largest lithium-ion battery recycling facility. The firm recycles waste from the EV battery manufacturing pro...

SK Group Chairman Chey Tae-won made a rare appearance in a session held by the nation’s top antitrust watchdog to defend his controversial stock purchase in 2017, when SK acquired a silicon wafer unit from its crosstown rival LG Group. The Fair Trade Commission has reviewed the case over allegations that SK Inc., the holding company of SK Group, deliberately helped its chairman purchase the stoc...

Baedal Minjok, also known as Baemin, began mobilizing robots for a door-to-door food delivery service, South Korea’s largest food delivery app said Wednesday. Named “Delidrive,” Baemin’s autonomous driving robot is the first of its kind in the world, according to the app operator Woowa Brothers. The robot delivery service is currently only available in the apartment complex of Alleyway Gwanggyo...

With the end of the year fast approaching, broadcasters are preparing to hold their annual year-end music festivals, featuring star-studded lineups of artists and hosts. The final list of performers for the state-run KBS’ “Song Festival” shows 20 groups and artists, including Red Velvet, Enhypen, Aespa, Lee Mu-jin, Seventeen, Sunmi, Nu’est, Kang Daniel, Astro, Brave Girls, NCT U, Kim Woo-seok, S...

South Korea’s top financial regulator on Wednesday told tech firms here that their financial services are to operate under and comply with existing financial regulations. The remark came amid concerns of tech giants Naver and Kakao’s fast-growing online and mobile financial services as related regulations on their customer protection and data use remain unclear. “Big Tech’s foray into the financ...

SEJONG -- The number of employed in the nation increased by 553,000 in November, compared to a year earlier, continuing improvement in the hiring index over the past few months, state data showed Wednesday. But the number of de facto jobless -- unemployed plus underemployed -- still surpassed 3 million, with the actual jobless rate reaching 11 percent. The Ministry of Economy and Finance maintai...

Hyundai Motor Group has secured recognition at six of 10 major car of the year awards this year, stepping up its brand value and reputation on the global stage, along with securing fourth place in terms of global sales this year. According to the Korean automaker, Hyundai Motor vehicles including an electric model, luxury car and a combustion engine vehicle have received awards. Hyundai’s Elantr...

Samsung Electronics Co. retained the top spot in the global smartphone market in the third quarter of the year, a report showed Wednesday. The world's largest smartphone maker held a market share of 20 percent in the July-September period, followed by Apple with 14 percent and Xiaomi with 13 percent, according to a report from market researcher Counterpoint Research. During the three months, th...

“These milestone agreements indicate the close relationship between Qatar and Korea and highlights Korea’s position as a key and strategic energy partner,” the Qatari ambassador said. Diplomatic relations between Qatar and Korea started in 1974 with the opening of the Qatar Embassy in Seoul in 1992. Al-Hamar stressed that Korea is an important trading partner for Qatar, and said he hopes the on...

SK hynix, which supplies DRAM chips, as well as flash memory chips and complementary metal oxide semiconductor image sensors to its clients, has sought to bring its next-generation DRAM technologies to the mainstream, amid a sustained memory chip price decline. In October 2020, SK hynix said it has completed tests and verifications of DDR5 DRAM modules’ functions and compatibility with IC chips ...

Kakao Brain, the artificial intelligence technology research and development subsidiary of Kakao, said Wednesday it has launched its second AI model that self-generates images, allowing the company to quickly expand its presence in Korea’s mammoth AI space. The AI model, dubbed “minDALL-E,” creates images the users wish to see, according to the company. For instance, when users type in requests ...