SEOUL, Jan. 15 (Yonhap) -- South Korea's exports of automobiles reached an all-time high of US$72 billion last year thanks to the strong overseas demand for eco-friendly vehicles and used cars, government data showed Thursday. The figure marked a 1.7 percent increase from $70.8 billion in exports in 2024, and a 1.55 percent rise from

SEOUL, Jan. 9 (Yonhap) -- Hyundai Motor Group said Friday it has started mass production of an on-device artificial intelligence (AI) chip that enables robots to operate autonomously without external network connectivity. The announcement of the chip, named Edge Brain, was made at CES 2026 in Las Vegas on Thursday (local time), where the group

  SEOUL, Dec. 30 (Yonhap) -- South Korean defense company Hanwha Aerospace Co. said Tuesday it has signed a 5.6 trillion-won (US$4 billion) contract with Poland's arms procurement agency to supply Chunmoo multiple launch rocket systems. The Polish Armament Agency and a consortium comprising Hanwha Aerospace and Hanwha-WB Advanced System (HWB) signed the third-stage deal

SEOUL, Dec. 23 (Yonhap) -- The government on Tuesday unveiled a road map to promote technological innovation of the local chemical industry centered around transitioning to high-value and eco-friendly products, the industry ministry said. Under the five-year road map, the government aims to make South Korea's chemical industry the fourth most advanced in the world

SEOUL, Dec. 16 (Yonhap) -- South Korea and Britain have signed an upgraded free trade agreement (FTA) aimed at easing rules of origin for Korean automobiles and consumer goods, as well as opening up the latter's high-speed rail and online game markets, Seoul's trade ministry said Tuesday. The deal was jointly signed by Korean Trade