BYD rides global plug-in hybrid boom with Sealion 6

BYD is betting that plug-in hybrids will become the next major growth engine in the global electrified vehicle market, with its Sealion 6 DM-i emerging as one of the company’s…

LG Energy Solution seeks US import ban on EVE batteries

LG Energy Solution has filed patent infringement complaints in the US against Chinese battery maker EVE Energy, seeking to block imports of allegedly infringing cylindrical batteries and products containing them.…

Chip boom lifts Korea's income growth to 38-year high

Stronger chip prices lift real GDI, put 3% annual growth within reach South Korea’s economy extended its growth in the second quarter, weathering oil price volatility sparked by conflict in…

Korean hits record $3.9 m Vietnam lottery jackpot

A South Korean national residing in Vietnam has won the country’s 102.8 billion Vietnamese dong ($3.9 million) lottery jackpot, the largest prize ever awarded to a foreigner in Vietnam. According…

Korean-backed UNESCO vocational training helps African youth start businesses

A South Korea-backed vocational education program is helping young Africans turn skills in agriculture, food processing and beauty services into jobs and small businesses, according to UNESCO. The Better Education…

Samsung Electro-Mechanics books W750b in AI server orders

Samsung Electro-Mechanics said Thursday it has signed a supply contract worth about 300 billion won ($204 million) for multilayer ceramic capacitors used in artificial intelligence servers, its second such agreement…

Krafton invests in Neon to build game payment ecosystem

Krafton said Thursday it has made a strategic investment in Neon Commerce, a global game commerce infrastructure firm, as the Korean game developer moves to build its own payment ecosystem…

GM Korea reaches first auto wage deal of the year

GM Korea became the first automaker to reach a tentative wage agreement this year, easing immediate strike concerns as labor disputes intensify across South Korea’s auto industry. The company said…

US Senate panel approves bill cracking down on the sale of Chinese vehicles

The US Senate Commerce Committee approved legislation Wednesday to toughen a government ban on Chinese automakers entering the American market that could bar German automaker Mercedes-Benz from selling vehicles ‌in…

Galaxy Z Fold8 hands-on: A more practical foldable

Wider design, lighter body, subtler crease make Samsung’s redesigned Fold feel more natural in everyday use LONDON — Among Samsung Electronics’ three new foldables, the redesigned Galaxy Z Fold8 left…