Recent Articles

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  Battery Market

  Korea’s Top Three Battery Makers Mired in Overinvestment

  Minister of Trade, Industry and Energy Kim Jung-kwan’s recent remark at a meeting with battery industry executives that he “has doubts about the three-company (Korean) battery system” is being interpreted as stemming from concerns over overinvestment in the Korean battery industry. With domestic bat

  2026.01.16
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  Hyundai

  Hyundai Palisade Named 2026 North American Car of the Year

  Hyundai Motor’s Palisade (pictured) has been named “2026 North American Car of the Year.”Hyundai Motor Group announced on the 15th that the Palisade had been selected as the final winner in the Utility category at the “2026 North American Car of the Year (NACTOY)” awards ceremony held on the 14th (l

  2026.01.16
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  World Economic Forum

  Electric Ships Touted as Game-Changer for Global Shipping

  Hanwha Group Vice Chairman Kim Dong-kwan (photo) identified the establishment of an “electric-propulsion vessel” ecosystem as a new industry that will change the paradigm of the global shipping sector. In a contribution to the 56th Annual Meeting of the World Economic Forum (WEF, Davos Forum) on the

  2026.01.16
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  K-Food

  K-Seafood Exports Hit Record $3.3 Billion Last Year

  On the 15th, a foreign tourist purchases gim (dried seaweed) at a large supermarket in Seoul. Last year, gim exports reached a record high of USD 1.13 billion. Newsis Last year, Korea’s seafood and fishery food exports reached USD 3.33 billion (approximately KRW 4,901.4 billion), marking an all-time

  2026.01.16
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  Global Expansion (SMR)

  Korean SMRs Enter U.S. After Europe, First Build Nears

  Artist’s rendering of the “Integrated Energy and Artificial Intelligence (AI) Campus” being developed in Texas by U.S. energy developer Fermi Energia America. Hyundai Engineering & Construction has been commissioned to carry out the basic design for four large nuclear power units in this project. Ph

  2026.01.16
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  SMR / Hyundai

  Hyundai Engineering Joins US SMR Build as Nuclear Rebounds

  As electricity demand surges due to advances in artificial intelligence (AI) technology, Korean construction companies are moving in earnest to expand their presence overseas. With construction of a small modular reactor (SMR) project in the United States involving Hyundai Engineering & Construction

  2026.01.15
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  Global Trend

  Tesla Halts FSD Sales, Shifts to Monthly Subscription

  Elon Musk, Chief Executive Officer (CEO) of Tesla, has announced that the company will discontinue selling FSD (Full Self-Driving) as a one-time purchase and will offer it only through a subscription model. This marks a bold move to convert the autonomous driving feature 100% into a subscription-bas

  2026.01.15
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  Global Expansion

  Hanwha Ocean Wins KRW 572.2 Billion Oman VLCC Order

  Panoramic view of Hanwha Ocean’s Geoje shipyard (courtesy of Hanwha Ocean) Hanwha Ocean has secured its first commercial ship order of the New Year 2026.Hanwha Ocean announced on the 14th via a regulatory filing that it had won an order for three Very Large Crude Carriers (VLCCs) from a shipowner in

  2026.01.15
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  K-Trend

  Auto Exports Hit Record, Driven by Green and Used Cars

  The final ruling by the U.S. Supreme Court on the legality of the reciprocal tariffs imposed worldwide by U.S. President Donald Trump is expected to be announced on the 14th (local time). If the tariffs are found to be illegal in this lawsuit, the Trump administration could face large-scale refund l

  2026.01.15
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  Samsung · DOE

  Samsung Electronics to Commercialize Next-Gen Drying Tech, Chosen by US DOE

  Samsung Electronics announced on the 15th that it has been selected as an official research project by the U.S. Department of Energy (DOE) and will move forward with the commercialization of next-generation clothes drying technology. The project aims to develop a dryer that maintains performance whi

  2026.01.15