SsangYong Motor said on Tuesday that it has begun mass production of its first electric vehicle, the Korando Emotion.Korando Emotion was designed based on its small SUV Tivoli. The car was first shown off with a teaser image in July last year.The car will be launched in Europe first in October. Laun

Isu Petasys said on Friday that its subsidiary Isu Exaboard was ending its printed circuit board (PCB) business.Isu Petasys makes boards for telecom application while Exaboard had focused on flexible PCB and high density interconnectors for smartphones.TheElec was the first to report on the exit in

Hyundai Motor Company said on Monday that it will suspend production at its factory in Montegomery, Alabama for a week due to problems with producing chips.The factory will halt production from June 14 to 21. It is the automobile company’s eighth suspension since the start of the second quarter this

A Hyundai Motor Company executive declined to comment on whether the conglomerate was planning to develop and manufacturing its own semiconductors on Friday.But Seoho Choi, vice president of technology innovation business development group at Hyundai, said at an industry event called Seoul Smart Mob

Biolog Device said on Friday that it will inject an additional 1.75 billion won into Hivics, which it has acquired last month.The added funds will be used by Hivics to hire doctorate engineers specializing in electric cars, autonomous cars, AI and IoT, Biolog Device said.Hivics will also hire more p

Samsung SDI is planning to spend up to 200 billion won to expand its production capacity of cylinder batteries at its factory in Seremban, Malaysia.The company is likely to manufacture 21700 batteries with a capacity of over a million cells per month, or 2GWh per year, through the new production lin

Hanwha Systems will set up a subsidiary in California for its urban air mobility (UAM) business, CEO Kim Youn-chul said on Thursday.The company was planning to hold talks with US Federal Aviation Administration on setting a certification standard for UAM, Kim said at an industry event in Seoul.Hanwh

Hyundai Motor Company said on Thursday that it has signed a collaboration agreement with South Korea’s capital Seoul to build an urban air mobility (UAM) ecosystem.The company claimed it will commercialize UAM by 2028, at an industry event held in Seoul. It will collaborate with Seoul to make UAM so

LG Electronics said on Thursday that it was developing an app that alerts smartphone users of traffic dangers.Called Soft V2X (vehicle-to-everything), the app alerts the user of collision risks from nearby vehicles.The app sends the location, direction and speed data of the user to the cloud. The cl

SK Innovation said on Wednesday that it has secured US$500 million through a green loan.The money will be spent to build its second battery factory in Hungary.The new factory is expected to have an annual production capacity of 9GWh.The first factory in Hungary, which was completed late last year, h

LG Energy Solution has filed for a preliminary review to list on South Korea’s exchange, the company said on Tuesday.Once its request is approved by the Korea Exchange, the company will file a security report, conduct a demand forecast and set the share price, and open retail orders.It is aiming to

SKC said on Tuesday that it will collaborate with Japan’s Kankyo Energy to covert plastic waste into energy.In the long run, the pair will not just conduct plastic pryolysis but convert plastic waste into reusable plastic, SKC said.The South Korean company will install pilot equipment this year and

The Korea Electronics Technology Institute (KETI) and Chemtronics said on Tuesday that the pair will collaborate in the development of core technologies for vehicle-to-everything (V2X) and wireless charging.Specifically, the pair will develop technologies that connect V2X with wireless charging.KETI

Chip testing firm Itek will collaborate with chip packaging company Unichips to enter the Chinese market.Itek said on Tuesday that the pair will share market information and analysis of the Chinese market to enter the semiconductor testing sector there.Itek’s focus in on testing system semiconductor

LG Energy Solution said on Tuesday that it will acquire 7.5% stake in Australia’s Queensland Pacific Metals for 12 billion won.The South Korean battery maker said it also signed a 10-year deal to buy 7,000 metric tonnes of nickel and 700 metric tonnes of cobalt per year from the Australian metal sme

Tesla has canceled the production of its longest-range Model S Plaid Plus, CEO Elon Musk said in a tweet on Sunday.Musk said in his tweets that Plaid Plus was canceled as there was no need for the model as “Plaid is just so good.”Model S Plaid Plus was planned as a higher tier model to Model S Plaid

AI chip firm Graphcore said on Monday that it will be supplying its intelligence processing unit (IPU)-point of delivery (POD) system to NHN for the latter’s data center being built at Gwangju.The IPU can handle around 9,000 independent parallel processing threats through 1,472 parallel processing c

South Korean fab equipment firm Hanmi Semiconductor said on Monday that it has completed a new factory to manufacture dual-chuck saw used in chip packaging.The factory was built at an industrial park at Incheon and will manufacture Hanmi’s dual-chuck saws, called Micro Saw by the company.The new fac

Texas Instruments was the largest analog semiconductor company in terms of revenue last year, according to market research firm IC Insights.The US chip firm recorded US$10.9 billion in sales from its analog chip business. It was a 6% increase year-on-year and was 75% of its total sales of US$14.9 bi

Mando said on Friday that it will collaborate with Smart Radar System to develop an ultra high resolution 4D imaging radar for autonomous vehicles.A 4D imaging radar measures the distance, height, depth and speed of its surrounding.This is more accurate than previous radars that just read spatial da