2023 EV of the Year
Scope
Date
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Advertising & Marketing
S.Korea to host Asia's largest advertising festival for 1st time since 2007
Seoul in October will host Asia's largest advertising festival AdAsia. The organizers of this year's event aim to host more than just a conference a...
Mar 15, 2023 (Gmt+09:00)
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Batteries
Once a videotape maker, Cosmo reborn as battery materials firm
Cosmo Advanced Materials & Technology Co., once the world’s largest video and cassette tape maker, has transformed into a money-making man...
Mar 15, 2023 (Gmt+09:00)
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Robotics
Curexo unveils artificial joint surgery robot TMAX at AAOS 2023
Curexo, a South Korean medical robot company, said on Tuesday that it had unveiled its artificial joint surgery robot "TMAX" at AAOS 2023, the world...
Mar 15, 2023 (Gmt+09:00)
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Airlines
Eastar Jet to add 7 airplanes with aim to rake in $111.2 mn in 2023 sales
Eastar Jet Co., a South Korean low-cost airline, will expand its fleet to 10 aircraft this year to resume flight services at home and abroad about t...
Mar 14, 2023 (Gmt+09:00)
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Sovereign wealth funds
S.Korean sovereign wealth fund KIC to set up Mumbai office
Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...
Mar 14, 2023 (Gmt+09:00)
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Batteries
Samsung SDI to showcase solid-state battery tech at InterBattery 2023
South Korea's leading secondary battery maker Samsung SDI Co. has announced its participation in Korea's largest battery exhibition, InterBattery 20...
Mar 14, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics unveils new flagship soundbar
South Korean electronics giant Samsung Electronics Co. said on Monday that it has launched a new premium soundbar model for 2023, featuring technolo...
Mar 14, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity
South Korea’s top tire maker Hankook Tire & Technology Co. shut down a local production complex on Sunday due to a fire, stoking concerns ...
Mar 13, 2023 (Gmt+09:00)
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Electric vehicles
SK Networks renames its EV charger unit to SK Electlink
SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...
Mar 13, 2023 (Gmt+09:00)
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Electronics
LG Elec to showcase eco-friendly cooling, heating solutions at ISH 2023
LG Electronics Inc. is aiming to expand its presence in the European air conditioning market with its high-efficiency heat pump cooling and heating ...
Mar 13, 2023 (Gmt+09:00)
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Cloud computing
Samsung SDS to offer customized cloud services
Samsung SDS Co. is ready to offer easy-to-use, customized cloud storage services to help its clients' digital transformation, its Chief Executive Hw...
Mar 13, 2023 (Gmt+09:00)
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Food & Beverage
Pulmuone looks to enter US plant-based convenience food market
Pulmuone, a leading South Korean producer of plant-based foods such as tofu and bean sprouts, is trying to expand the K-food territory in the global...
Mar 13, 2023 (Gmt+09:00)
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Travel & Leisure
Korean convention sector enjoys increase in events post-pandemic
Coex Convention & Exhibition Center, the largest event complex in Seoul, was crowded on Friday for a smart factory and plant automation fair.&ld...
Mar 10, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE wins order for 2 mid-sized gas carriers at $146 mn
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company for HD Hyundai Co., announced on Friday in a regu...
Mar 10, 2023 (Gmt+09:00)
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Machinery
HD Hyundai units to showcase unmanned equipment at US expo
Hyundai Construction Equipment Co. and Hyundai Doosan Infracore Co., construction machinery subsidiaries of HD Hyundai Co., said on Friday they woul...
Mar 10, 2023 (Gmt+09:00)
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Automobiles
Dayou A-Tech completes building EV seat production facility
Dayou A-Tech Co., a South Korean car seat manufacturer under the Dayou Winia Group, announced on Thursday that it has built a seat production facili...
Mar 10, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma to develop mRNA flu vaccine with Canadian pharma
South Korea's GC Biopharma Corp. announced on Thursday that it will start developing a flu vaccine based on messenger ribonucleic acid (mRNA).The dr...
Mar 09, 2023 (Gmt+09:00)
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Batteries
LG Energy, SK On to showcase LFP battery prototypes at InterBattery 2023
LG Energy Solution Ltd. and SK On Co. will showcase their lithium iron phosphate (LFP) battery prototypes next week, as the two South Korean battery...
Mar 09, 2023 (Gmt+09:00)
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Corporate governance
POSCO Engineering & Construction renames itself POSCO E&C
POSCO Engineering & Construction, the builder affiliate of South Korea's POSCO Group, has changed its name to "POSCO E&C" to mark the first ...
Mar 09, 2023 (Gmt+09:00)
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Bio & Pharma
Lunit to supply AI image analysis solutions to Singapore
South Korea's Lunit Inc., an artificial intelligence (AI) medical company, announced on Wednesday that it has secured a contract to provide Lunit In...
Mar 09, 2023 (Gmt+09:00)
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Machinery
LS Electric unveils smart factory solutions
South Korea’s LS Electric Co. on Wednesday said it has unveiled its future factory automation solutions for the digital transformation era at ...
Mar 09, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai eyes greater SUV market share with new Kona EV
Hyundai Motor Co. on Tuesday unveiled the all-new Kona Electric, its first fully revamped compact sport utility vehicle in five years, as the top So...
Mar 07, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung reclaims world's top spot in chip sales: Omdia
Samsung Electronics Co. topped the global chipmakers with $67.1 billion in revenue last year, according to London-based tech research firm Omdia ear...
Mar 07, 2023 (Gmt+09:00)
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Energy
S.Korea's LS Materials set to boost earnings ahead of IPO process
LS Materials Co., a South Korean energy storage devices maker, is slated to ramp up earnings to accelerate its initial public offering process this ...
Mar 07, 2023 (Gmt+09:00)
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Petrochemicals
SK Earthon to be reborn as carbon-neutral company
SK Earthon, an oil development subsidiary of South Korea's SK Innovation Co., plans to transform into a carbon-neutral company focused on oil explor...
Mar 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec-SM Ent JV to unveil beta home fitness app in March
Fitness Candy, a joint creation by LG Electronics Inc. and SM Entertainment Co. to rival Apple Fitness Plus, is expected to unveil its beta service ...
Mar 07, 2023 (Gmt+09:00)
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Electronics
Global PC, tablet market to shrink over 10% in 2023: research
The global market for personal computers and tablets is expected to shrink by more than 10% this year, as the demand for remote work and learning de...
Mar 07, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's imports of Japanese beer in January hit $2 million
Japanese beer imports in January exceeded $2 million, the most since a bilateral row erupted in July 2019 after Japan imposed export restrictions on...
Mar 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Global smartphone shipments to edge lower in 2023: IDC
Global smartphone shipments will decline 1.1% this year to 1.2 billion units, down from the previous 2.8% growth forecast due to weak demand and m...
Mar 06, 2023 (Gmt+09:00)
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Economy
S.Korean inflation rises at slowest rate in 10 months in February
South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product prices but utility p...
Mar 06, 2023 (Gmt+09:00)
Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul