Hyundai Motor Group Plans to Invest $16.5-Bn in South Korean EV Business
Hyundai Motor Group said on Wednesday it plans to invest a total of 21 trillion won ($16.54 billion) by 2030 to expand its electric vehicle...
Tag : South Korea
FM Sitharaman, CEA Nageswaran to Attend IMF-World Bank Spring Meeting
FM Nirmala Sitharaman will attend the International Monetary Fund (IMF) and World Bank Spring Meeting, which begin on Monday in Washington DC. She will also...
US Plans Semiconductor Alliance With Taiwan, South Korea, and Japan
The US has proposed a semiconductor industry alliance between the United States, Taiwan, South Korea, and Japan to stop China from gaining dominance in the...
PM Modi Congratulates South Korean President-Elect Yoon Suk-Yeol on Victory
PM Narendra Modi congratulated President-elect Yoon Suk-Yeol on his South Korean Presidential elections. PM Modi congratulated him on Twitter and said, “I warmly congratulate President-elect...
North Korea Tested Tactical Guided Missiles
North Korea tested tactical guided missiles that highlighted its developing missile programmes amid denuclearisation discussions. The missile test was North Korea’s fourth missile in the...
Twitter Introduces Feature Allowing Users to Flag Misleading Tweets
Twitter announced that it would extend its new feature, which will allow users to flag misleading tweets on its social media platform. The microblogging platform...
South Korea to Sell M-SAM Missiles to UAE
South Korea has signed a deal to sell mid-range surface-to-air missiles (M-SAM) to the United Arab Emirates (UAE). The M-SAM system is the main element...
LG Chem to Invest $419 Million in Cathode Material Plant
The largest Korean chemical company and headquartered in Seoul, South Korea, LG Chem Ltd, announced on Tuesday that it is planning to invest over $418.52...
South Korea to Test AI-Powered Facial Recognition to Track Covid Cases
South Korea will soon use artificial intelligence, facial recognition and CCTV cameras to track the people infected with Covid-19. The system will use AI algorithms...
Australia Signs $717 Million Defence Deal With South Korea
Australia signed a $716.5 million defence deal with South Korea which will boost its military exports. Under the agreement terms, South Korean defence company Hanwha...