The Korea Times

Hyundai Motor Company (현대자동차) will alleviate possible policy risks from the United States by increasing localized production with the carmaker’s planned opening of a new mega-sized manufacturing facility in Georgia, its President and CEO Jose Muñoz said Thursday.

LG CNS has signed a memorandum of understanding (MOU) with the Silicon Valley-based artificial intelligence (AI) firm Weights & Biases (W&B) to collaborate on agentic AI, the Korean company said Thursday.

Hyundai Motor Company (현대자동차) and General Motors (GM) Korea are making their last-ditch appeal to the United States ahead of President Donald Trump’s planned 25-percent tariff on automobiles imported from Korea.

LG Electronics Artificial Intelligence (AI) Research has released its own reasoning AI model, Exaone Deep, as open source, the research lab announced Tuesday, signaling a heated competition with advanced AI models developed by OpenAI, Google and other global AI leaders.

SK, Hanwha Group and LS Corporation have come under greater litigation risks, as the passage of a controversial amendment to the Commercial Act grants minority shareholders more leeway to accuse the firms’ board members of breach of trust if their stock value plunges after multiple listings of their subsidiaries, according to experts and industry officials.

Samsung SDI said Friday that it has signed a 437.4 billion won ($300.7 million) contract to supply energy storage system (ESS) batteries for U.S. company NextEra Energy Resources, as part of their major supply deal with a total anticipated value exceeding 1 trillion won.

NAVER Corp, which operates the country’s largest online search engine, has launched a new e-commerce service, challenging Coupang, Korea's leading online shopping platform operator.

KT has signed a strategic partnership with data processing giant Palantir Technologies for the artificial intelligence (AI) transformation business, the Korean telecom company said Thursday.

Meritz Fire & Marine Insurance Co., Ltd Insurance abandoned its acquisition of MG Non-Life Insurance on Thursday, after facing strong opposition from the latter's labor union, industry officials said.

The BMW X2 compact SUV combines its iconic fun-to-drive elements with a sporty image thanks to its sleek coupe-style exterior design.