Busan Auto Parts Industries Cooperative Association
Scope
Date
~
-
Regulations
Broadcom to give Samsung warranties to avoid Korea penalties
US chipmaker Broadcom Inc. agreed to provide three-year warranties and technical support for components equipped in products such as smart devices o...
Jan 09, 2023 (Gmt+09:00)
-
Airlines
Air Busan launches new Busan-Clark flight
Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new leap forward in earne...
Jan 06, 2023 (Gmt+09:00)
-
Korean Innovators at CES 2023
LG unveils self-driving auto parts, brighter OLED panels
LG Group’s two units have showcased new automotive and display products, which would expand their presence in the autonomous driving and premi...
Jan 06, 2023 (Gmt+09:00)
-
Healthcare
Aekyung Industrial acquires green certification for eco-friendly detergent
Aekyung Industrial said on Thursday that it has obtained green technology certification from the Korea Technology Finance Corporation for its eco-fr...
Jan 05, 2023 (Gmt+09:00)
-
Korean startups
Korean law firm creates startup investment association
The Law Office of Choi & Lee, a small-sized law firm, became Korea's first law firm to invest in startups. In one of the most difficult times wh...
Jan 05, 2023 (Gmt+09:00)
-
Shipping & Shipbuilding
Shipbuilding expected to lead manufacturing sectors in export growth
South Korea's shipbuilding exports this year are expected to jump 76.1% from last year to $32.4 billion to lead all major manufacturing industries i...
Jan 05, 2023 (Gmt+09:00)
-
Metaverse
Redbrick, Microsoft to cooperate on university campuses in metaverse
Redbrick, the developer and operator of metaverse platforms of South Korea, signed a memorandum of understanding with Microsoft Korea to cooperate o...
Jan 04, 2023 (Gmt+09:00)
-
Korean Innovators at CES 2023
LG Elec, Magna expand partnership into self-driving tech
LAS VEGAS – LG Electronics Inc., the world’s top home appliance producer, expanded its partnership with Canadian car parts maker Magna I...
Jan 04, 2023 (Gmt+09:00)
-
Korean Innovators at CES 2023
Lotte Chemical to take part in CES for first time
South Korea's Lotte Chemical Corp. for the first time will take part this month in CES, the world's largest information technology and home applianc...
Jan 04, 2023 (Gmt+09:00)
-
Automobiles
Hyundai, Kia aim to outpace industry growth in 2023
The Hyundai Motor Group is aiming to boost sales by 10% this year from 2022, above an estimated single-digit growth in the global automotive market....
Jan 03, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
Sejong kicks off private 5G business for exclusive use for industrial safety
Sejong Telecom, Inc. a mid-sized facilities-based telecommunications business and ICT platform company in South Korea, will launch a private 5G bu...
Jan 03, 2023 (Gmt+09:00)
-
Business & Politics
Korea proposes bigger tax breaks for chipmakers, key industries
The South Korean government plans to raise tax breaks for facility investments by big companies, including chipmakers, to as much as 25% following P...
Jan 03, 2023 (Gmt+09:00)
-
Korean games
S.Korea's gaming industry reaches $15.7 billion in scale
South Korea's game industry in 2021 saw sales of over 20 billion won ($15.7 billion), ranking the country fourth on the global market. The Kore...
Jan 03, 2023 (Gmt+09:00)
-
Energy
POSCO Int’l completes merger with energy affiliate
South Korea’s POSCO International Co. completed a merger with its affiliate POSCO Energy Co. on Jan. 1, which the trading company said would f...
Jan 02, 2023 (Gmt+09:00)
-
Korean stock market
Samsung Elec seen as 2023 top outperformer in Korea
Samsung Electronics Co. topped the list of stocks expected to outperform the South Korean stock market in 2023 on the prospect of a rebound in the m...
Jan 02, 2023 (Gmt+09:00)
-
Business & Politics
Korea plans to raise tax breaks for chipmakers, key industries
The South Korean government plans to revise a recently passed bill aimed at supporting the country’s semiconductor sector and other key indust...
Dec 30, 2022 (Gmt+09:00)
-
ESG
Hyundai Wia gets silver medal from EcoVadis
Hyundai Wia Corp. has been awarded a silver medal from EcoVadis in recognition of its continuing effort toward its sustainability credentials,...
Dec 29, 2022 (Gmt+09:00)
-
Automobiles
LG Group's received orders for auto parts close to $393 billion
South Korea’s electronics-to-battery conglomerate LG Group expects its received orders for auto components to reach over 500 trillion won ($...
Dec 28, 2022 (Gmt+09:00)
-
Bio & Pharma
Daewoong Pharma, Neurolive to jointly develop new antidepressant drug
South Korea's drug company Daewoong Pharmaceutical said on Wednesday that it has signed an agreement with biopharmaceutical venture Neurorive to joi...
Dec 28, 2022 (Gmt+09:00)
-
Energy
SK Energy expands fusion urban fuel cell business
SK Energy has teamed up with new and renewable energy companies to develop urban distributed power generation and electric vehicle charging.The comp...
Dec 28, 2022 (Gmt+09:00)
-
Automobiles
Korea auto output to increase slightly in 2023: research
Domestic automobile output next year is forecast to increase 1.4% over this year to 3.7 million units.The Korea Automobile Manufacturers Association...
Dec 28, 2022 (Gmt+09:00)
-
Corporate restructuring
M2N to sell 52% stake in Chinese automotive parts company DKCA
M2N( DK D&I Co. ), the parent company of pharmaceutical firm Sillajen Inc., announced on Tuesday that it has signed an agreement to sell its maj...
Dec 28, 2022 (Gmt+09:00)
-
Mergers & Acquisitions
Hansol Chemical to enter bio industry with BiOCS acquisition
Hansol Chemical Co., a unit of South Korea’s paper-focused conglomerate Hansol Group, is expanding its business scope to biomaterials by acqui...
Dec 27, 2022 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha revs up to acquire STX Heavy Industries, following DSME purchase
Hanwha Corp. is revving up to acquire STX Heavy Industries, which provides parts and technical support for marine engines, shipbuilding equipment, a...
Dec 27, 2022 (Gmt+09:00)
-
Leadership & Management
Hyundai Heavy Industries Group changes its name to HD Hyundai
HD Hyundai held a 50th-anniversary vision declaration ceremony at its Global R&D Center in Seongnam, Gyeonggi Province, on Monday where it annou...
Dec 26, 2022 (Gmt+09:00)
-
Aerospace & Defense
Hanwha takes over satellite technology from gov't institute
The state-run Korea Astronomy and Space Science Institute (KASI) said on Monday it had transferred to Hanwha Systems Co. the technology for satellit...
Dec 26, 2022 (Gmt+09:00)
-
Shipping & Shipbuilding
Samsung Heavy Industries lands $1.5 bn deal for offshore plant order
South Korean shipbuilder Samsung Heavy Industries has bagged a $1.5 billion order to build an offshore plant from an Asian shipper, the company reve...
Dec 23, 2022 (Gmt+09:00)
-
Energy
Hyundai Heavy Industries Group develops dual LNG-hydrogen engine
Hyundai Heavy Industries (HHI) Group has developed South Korea's first hybrid engine that uses liquefied natural gas (LNG) and hydrogen.The group's ...
Dec 23, 2022 (Gmt+09:00)
-
Electric vehicles
LG Uplus enters Korea’s EV charging service market with VoltUp app
LG Uplus Corp., a South Korean mobile carrier, is entering the domestic electric vehicle charging service market by launching a service platform, Vo...
Dec 22, 2022 (Gmt+09:00)
-
Logistics
KTNET shows off logistics platform for tracking cargo, documents
The Korea Trade Network (KTNET) held a grand opening event for its uTH 2.0, a digital trade logistics platform, in partnership with the Korea Intern...
Dec 22, 2022 (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