2023 TCR World Tour
Scope
Date
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Batteries
POSCO Holdings to produce nickel in Indonesia
POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, will directly produce nickel, a key material for sec...
May 03, 2023 (Gmt+09:00)
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Batteries
SKIET to supply battery separators to major client in China
South Korea’s battery separator maker SK IE Technology Co. (SKIET) will supply separators to a major electric vehicle (EV) battery maker in Ch...
May 02, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea’s AI platform Wrtn to enter Japanese market
South Korean generative AI startup Wrtn Technologies unveiled Wrtn Japan, its Japanese version generative AI platform, during the "Generative AI Asi...
Apr 28, 2023 (Gmt+09:00)
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Carbon neutrality
Korea’s SK Gas to invest $1.5 bn toward carbon neutrality by 2026
ULSAN – SK Gas Ltd. South Korea’s leading liquefied petroleum gas (LPG) supplier, is set to spend $1.5 billion on liquefied natural gas ...
Apr 27, 2023 (Gmt+09:00)
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Culture & Trends
Louis Vuitton to turn bridge over Seoul river into catwalk
Global luxury brand Louis Vuitton will premiere a fashion show in Seoul this weekend, expecting to attract leaders from the global fashion, culture ...
Apr 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s births fall to record low in February
South Korea's births fell to a fresh low in February in 2023. The number of deaths decreased, but the population continued to decline naturally for ...
Apr 26, 2023 (Gmt+09:00)
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Electronics
LG Electronics to bolster B2B to transform into software company
LG Electronics Inc., South Korea’s home appliance giant, will expedite its push to transform from a white goods manufacturer into a digital so...
Apr 24, 2023 (Gmt+09:00)
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Artificial intelligence
LS Electric, Microsoft to jointly develop smart factory
LS Electric Co., South Korean manufacturer of power and industrial automation equipment, has signed a partnership agreement with Microsoft to develo...
Apr 20, 2023 (Gmt+09:00)
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Asset Owners Report
S.Korean LPs to up exposure to private debt, infrastructure in 2023: Survey
South Korean institutional investors are eyeing private debt and infrastructure for stable income and to hedge against inflation, a survey by The Kore...
Apr 19, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis aims to win $1 bn in China orders in 2023
South Korea's leading auto parts supplier Hyundai Mobis announced that it will win $1 billion this year in China, the world's largest electric veh...
Apr 19, 2023 (Gmt+09:00)
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Steel
POSCO Group chairman presides over World Steel Association meeting
Choi Jeong-woo, Chairman of POSCO Group and the World Steel Association, attended the association's first half-regular meeting held in Vienna, Austr...
Apr 19, 2023 (Gmt+09:00)
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Batteries
Samsung SDI unveils super-gap battery tech aimed at Chinese market
South Korea's leading secondary battery maker Samsung SDI Co. is setting its sights on China's battery market with its super-gap solid-state battery...
Apr 18, 2023 (Gmt+09:00)
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Real estate
Specialty income by preferred securities, commercial MBS
With a hamstrung US Federal Reserve, the global outlook for 2023 is one of cautious optimism for fixed income. As the Fed is unable to readily rescu...
Apr 17, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops world’s first rollable vehicle display
Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...
Apr 17, 2023 (Gmt+09:00)
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Electronics
LS Electric to display smart energy solutions in Germany
LS Electric Co., South Korean manufacturer of power and industrial automation equipment, announced on Monday that it will participate in the Hannove...
Apr 17, 2023 (Gmt+09:00)
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Chemical Industry
SK, Lotte participate in Asia's largest plastic exhibition
Major chemical companies in South Korea, such as SK Geo Centric (formerly SK Global Chemical), Lotte Chemical Corp. and Lotte Fine Chemical, are par...
Apr 14, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea, Boeing tie up for develop future advanced weapons
The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct research and development on...
Apr 13, 2023 (Gmt+09:00)
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Korean startups
ASICLAND, TSMC’s sole Korean partner, eyes 2023 IPO
ASICLAND Co. is the only South Korean semiconductor design house for the world’s largest foundry TSMC Co., which manufactures chips for about ...
Apr 12, 2023 (Gmt+09:00)
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Automobiles
Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant
South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...
Apr 11, 2023 (Gmt+09:00)
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Robotics
LG Electronics rolls out third-generation Cloi ServeBot
LG Electronics Inc. has rolled out a new serving robot that easily serves soup, boosting the device's performance and customer convenience. The com...
Apr 11, 2023 (Gmt+09:00)
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Retail
Chanel watches make world's 1st online debut in Korea
Chanel watches have made their online debut through South Korea's leading platform SSG.COM, becoming the French brand’s first launch of fashio...
Apr 10, 2023 (Gmt+09:00)
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K-pop
HD Hyundai moves K-pop gala to Busan for World Expo bid
South Korea’s HD Hyundai Co. will move an annual K-pop concert to Busan this year to support the city’s bid to host the 2030 World Expo....
Apr 10, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung prepares for DRAM upturn with bold investment even after chip output cut
Samsung Electronics Co. has joined its peers in cutting memory chip production on its chip division’s anticipated first loss in more than a de...
Apr 09, 2023 (Gmt+09:00)
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Earnings
LG Electronics eyes solid Q2 results after Q1 earnings surprise
LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...
Apr 09, 2023 (Gmt+09:00)
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Earnings
LG Energy’s Q1 profit soars on gains from US battery tax credits
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likely more than doubled,...
Apr 07, 2023 (Gmt+09:00)
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Electronics
HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs
HD Hyundai Electric Co., the electrical power equipment and energy solution affiliate of South Korean conglomerate HD Hyundai Co. Group, on Friday s...
Apr 07, 2023 (Gmt+09:00)
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Korean food
Paris Baguette to showcase at London Franchise Show 2023
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Friday that it will participate in the London International Franchise...
Apr 07, 2023 (Gmt+09:00)
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Electronics
LG Elec sees steady 2023 sales to widen gap with Whirlpool
LG Electronics Inc. expects sales of its home appliances division, the key cash cow of the South Korean company, to remain steady at 30 trillion won...
Apr 06, 2023 (Gmt+09:00)
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Pension funds
S.Korea's NPS increases stake in Lotte Tour Development
South Korea's National Pension Service (NPS) has increased its stake in Lotte Tour Development Co. to 6.07%, according to an announcement by Lotte T...
Apr 06, 2023 (Gmt+09:00)
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Automobiles
Kia plans 'game changer' EV9 launch in US by 4th quarter
South Korean carmaker Kia Corp. on Thursday said it unveiled on Wednesday in New York its large electric sport-utility vehicle EV9 for the first tim...
Apr 06, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet