Advanced Technology Vehicles Manufacturing Loan Program
Scope
Date
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Robotics
Doosan Bobcat invests in US-based agtech company
Doosan Bobcat, the construction and agricultural machine making affiliate of South Korea’s Doosan Group, has announced on Wednesday a str...
Jun 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS, Honeywell collaborate on smart factory
LG CNS Co., the information technology service arm of LG Group, is enhancing production efficiency and security in smart factories through collabora...
Jun 07, 2023 (Gmt+09:00)
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Dong-A Eng Co.
Key facts Main Business Industrial mold design and manufacturing / machinery manufacturing212.1 Millions USE(Automated Optical Inspection; AOI...
Jun 06, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis to expand vehicle module facility in S.Korea
South Korea’s Hyundai Mobis Co. will build its third automotive module plant in Ulsan, South Korea, where its parent Hyundai Motor Group opera...
Jun 06, 2023 (Gmt+09:00)
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Korean startups
Korean startups opt for Konex, loans for survival during IPO winter
South Korea's anemic initial public offering market has forced the country’s startups to become more creative in raising funds as they shift t...
Jun 02, 2023 (Gmt+09:00)
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Artificial intelligence
Riiid inks deal with ALC to expand its AI-based TOEIC platform in Japan
South Korean AI-powered edtech firm, Riiid, announced on Thursday it has partnered with ALC, a premier brand in the Japanese language education indu...
Jun 02, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma wins contract to build blood products plant in Indonesia
GC Biopharma Corp., a South Korean pharmaceutical company, announced on Thursday that it has received approval from the Indonesian Ministry of Healt...
Jun 02, 2023 (Gmt+09:00)
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Batteries
LG Energy to expand smart factory systems to N.America JVs
South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...
Jun 01, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea to bolster biotech R&D, benchmarking US' Boston
South Korea is poised to boost the biotech industry by accelerating research, education and business partnerships with the biopharmaceutical sector ...
Jun 01, 2023 (Gmt+09:00)
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Chemical Industry
Toray to move into battery separator business
Toray Advanced Materials Korea Inc., a South Korea-based producer of chemical materials and technology products, is entering the battery separator f...
Jun 01, 2023 (Gmt+09:00)
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Fintech
S.Korea's Mirae Asset, Hana Financial Group form security token tie-up
South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance...
Jun 01, 2023 (Gmt+09:00)
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Electronics
LG Innotek develops flexible vehicle lighting Nexlide-M
South Korea's electronic component maker LG Innotek on Wednesday announced the release of Nexlide-M, or a flexible 3D lighting component for vehicle...
Jun 01, 2023 (Gmt+09:00)
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Korean startups
Korean AI startup ActionPower poised to outdo OpenAI, Google: CEO
ActionPower Corp. founded in 2016 is small and young compared to Big Tech companies or heavily funded startups like OpenAI but it is mighty enough t...
May 31, 2023 (Gmt+09:00)
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Future mobility
KAI joins project to develop hydrogen-powered aircraft
South Korea's aerospace and defense company Korea Aerospace Industries Ltd. (KAI) on Wednesday said it joined a project of industry, academic and re...
May 31, 2023 (Gmt+09:00)
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Robotics
POSCO, LG Electronics to jointly build smart factory
POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory technology. The initi...
May 31, 2023 (Gmt+09:00)
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Korean chipmakers
AI-driven GPU, advanced chip shortage: Boon for Samsung, SK Hynix
The global chip industry, which has been reeling from elevated inventory levels due to weak demand, is seeing a silver lining: Inventories of advanc...
May 31, 2023 (Gmt+09:00)
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Batteries
Hanwha Aerospace invests in US secondary battery startup
South Korea's Hanwha Aerospace Co. on Tuesday said it invested in Forge Nano, an American startup with precision nano-coating technology that exte...
May 30, 2023 (Gmt+09:00)
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Automobiles
Schaeffler Korea to produce parts for hybrid cars, EVs
Schaeffler Korea Corp., the largest plain and roller bearing provider to automotive and industrial sectors in South Korea, is set to celebrate 70 ye...
May 30, 2023 (Gmt+09:00)
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Sports
Hyundai renews FIFA sponsorship; Boston Dynamics, Supernal join
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, said on Friday they have extended their FIFA partnerships through ...
May 26, 2023 (Gmt+09:00)
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Batteries
Hyundai revs up US advance with $4.3 billion battery JV with LG
Hyundai Motor Co. has taken another step closer to receiving US tax credits for its electric cars sold in the country by signing a 5.7 trillion won ...
May 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s heated debate on domestic helpers from Southeast Asia
South Korea is embroiled in a heated debate on a program to recruit domestic helpers from Southeast Asia at lower rates than those paid to their Kor...
May 26, 2023 (Gmt+09:00)
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Future mobility
Kakao Mobility uses self-driving vehicles to transport cargo
South Korea’s transportation company Kakao Mobility has launched a project in the nation's fourth-largest city of Daegu to transport people an...
May 25, 2023 (Gmt+09:00)
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Batteries
SKIET secures $300 mn green loan from IFC
SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and battery maker SK Innovat...
May 25, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean space rocket Nuri launch postponed due to technical issues
The launch of South Korea's space rocket Nuri, scheduled for Wednesday afternoon, was postponed hours ahead of schedule."During the preparations for...
May 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia team up with 11 universities for vehicle electrification
South Korean auto giant Hyundai Motor Co. and its sister company Kia Corp. are joining forces with leading South Korean universities to pioneer adva...
May 24, 2023 (Gmt+09:00)
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Chemical Industry
S.Korea's top tech school uses salmon DNA to block art counterfeiting
The screen of the latest Samsung Electronics smartphone series Galaxy 23 released this year has a fingerprint recognition window on the display th...
May 24, 2023 (Gmt+09:00)
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Electronics
ASM to invest $100 mn to expand R&D facilities in S.Korea
The Netherlands-based semiconductor equipment maker ASM will invest $100 million (132 billion won) to boost its R&D and production capacities in...
May 24, 2023 (Gmt+09:00)
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Batteries
Korea’s L&F to build $609 mn EV battery precursor plant
L&F Co., a major South Korean electric vehicle battery material maker, is set to spend up to 800 billion won ($608.8 million) on a factory in ...
May 23, 2023 (Gmt+09:00)
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Artificial intelligence
Naver’s search engine dominance under siege as Google, MS advance
South Korea’s online portal Naver Corp., the undisputed search engine leader in the domestic market for decades, is under siege as global Big ...
May 23, 2023 (Gmt+09:00)
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Economy
S.Korea's BSI dips below 100 for 15th consecutive month
The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...
May 23, 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