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U.S. Secretary of Commerce Howard Lutnick and Senator Lindsey Graham (R-SC) join President Donald Trump to speak to reporters aboard Air Force One en...
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The U.S....
Korean and Japanese automakers are restructuring production to avoid U.S. tariffs, with Japan reimporting U.S.-built cars and Korea expanding local output.
Tempers flared at the National Assembly as Coupang executives faced intense scrutiny over a major data breach, labor allegations and a controversial compensation plan during a joint parliamentary hearing.
Korean shipbuilders and defense firms are positioning themselves to join the U.S. Navy’s Golden Fleet initiative as Washington seeks rapid fleet expansion. Hanwha, HD Hyundai and Samsung Heavy are exploring partnerships, bids and technology cooperation under the Make American Shipbuilding Great Again push.
South Korea’s government is considering whether Coupang could face a temporary business suspension after a massive personal data leak and a delayed response. Experts say a suspension may be difficult to apply in practice and could also harm consumers and Coupang’s workforce.
LG Energy Solution has canceled part of a major battery supply agreement with Ford, reflecting the automaker’s shift away from electric vehicles following U.S. subsidy cuts and weaker EV demand.
Samsung Electronics Chairman Lee Jae-yong met Tesla CEO Elon Musk in Texas, touring Samsung’s new semiconductor plant as the companies explore deeper cooperation following a major chip deal.
SK On and Ford agreed to dissolve their $11 billion BlueOval SK battery joint venture, splitting ownership of three U.S. plants as both companies adjust to slowing EV demand. Ford will take over two Kentucky factories, while SK On assumes full control of the Tennessee plant and plans to supply batteries to Ford and other customers.