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K-Drone Exports Surge 10-Fold in Two Years, but Global Market Share Remains Below 1%

K-Drone Exports Surge 10-Fold in Two Years, but Global Market Share Remains Below 1%

Photo=Motionelements South Korea’s drone exports have increased nearly tenfold over the past two years, but the country still accounts for less than 0.5% of the global market, highlighting the need for strategies to boost export competitiveness, according to a report released Thursday by the Korea International Trade Association (KITA). The report, titled “Analysis of K-Drone Export Competitiveness and Future Challenges,”

Nov 16 2025
10:00 AM PST
NewJeans’ Full Return Signals Stability for HYBE as K-Pop Influence Expands Globally

NewJeans’ Full Return Signals Stability for HYBE as K-Pop Influence Expands Globally

(Photo=HYBE) HYBE’s shares climbed after all members of NewJeans decided to resume activities, easing the uncertainty that had surrounded the company during its contract dispute with the group. HYBE, the Seoul-based entertainment firm behind some of the most commercially successful K-Pop acts, had seen its stock fluctuate amid the prolonged conflict, and the group’s full return removed one of the

Nov 16 2025
09:00 AM PST
LG Chem Secures $2.8 Billion EV Battery Cathode Deal With U.S. Customer Despite Market Slowdown

LG Chem Secures $2.8 Billion EV Battery Cathode Deal With U.S. Customer Despite Market Slowdown

Photo=LG Chem South Korea’s LG Chem has signed a multiyear contract to supply electric-vehicle battery cathode materials to a U.S. customer, the company said in a regulatory filing on Wednesday. The deal is valued at $2.8 billion and covers deliveries from Nov. 15, 2025, through July 31, 2029. LG Chem noted that the final contract value may fluctuate depending on

Nov 15 2025
10:00 AM PST
Mercedes-Benz CEO Highlights Korea’s Strategic Role with High-Profile Meeting at Samsung

Mercedes-Benz CEO Highlights Korea’s Strategic Role with High-Profile Meeting at Samsung

(Photo=Mercedes-benz) Mercedes-Benz CEO Ola Källenius placed Samsung Electronics at the center of his Seoul visit, underscoring the company’s growing influence in next-generation vehicle technology. Källenius began his high-level engagements with a meeting at Seungjiwon, Samsung’s private reception residence, where he discussed future mobility technologies with Jay Y. Lee, chairman of Samsung Electronics. Samsung leads the group’s global semiconductor and consumer

Nov 15 2025
09:00 AM PST
UK selects site for three Rolls-Royce SMRs, creating new momentum for Doosan Enerbility’s nuclear manufacturing push

UK selects site for three Rolls-Royce SMRs, creating new momentum for Doosan Enerbility’s nuclear manufacturing push

(Photo=Office for Nuclear Regulation) Doosan Enerbility, a major South Korean equipment manufacturer, is drawing renewed attention in global energy circles after the United Kingdom confirmed Wylfa in northern Wales as the construction site for three Rolls-Royce small modular reactors. The British government plans to begin site development next year and target commercial operation in the mid-2030s, putting the project on

Nov 14 2025
09:00 AM PST