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Golfzon to showcase portable golf simulator at CES 2023

Golfzon to showcase portable golf simulator at CES 2023

Golfzon Co., a global indoor golf equipment maker, will participate in CES 2023 in Las Vegas to showcase its "Wave Play" product line, which targets...

EcoPro Group nearly doubles sales target to $7.8 billion this year

EcoPro Group nearly doubles sales target to $7.8 billion this year

South Korea's EcoPro Group has set its sales target this year at 10 trillion won ($7.8 billion), nearly double that of last year, under a strategy t...

Shipbuilding expected to lead manufacturing sectors in export growth

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...

Samjin Pharm to undertake joint ADC R&D with Novelty Nobility

Samjin Pharm to undertake joint ADC R&D with Novelty Nobility

SamjinPharmaceutical announced Wednesday that it has signed a joint research agreement with Novelty Nobility Inc., a company specializing in antibod...

Lotte Chemical to take part in CES for first time

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...

Hyundai, Kia aim to outpace industry growth in 2023

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....

Sejong kicks off private 5G business for exclusive use for industrial safety

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...

Korea proposes bigger tax breaks for chipmakers, key industries

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...

SKC's film business units change their names, start anew

SKC's film business units change their names, start anew

SKC Future Materials and SKC Hi-Tech & Marketing, which had newly been established through the spin-off of SKC's industrial materials division (...

Applied Materials injects $40 mn in glass substrate maker Absolics

Applied Materials injects $40 mn in glass substrate maker Absolics

Applied Materials Inc., a global leading equipment and software supplier to semiconductor makers, has invested 51 billion won ($40.2 million) in Abs...

S.Korea's gaming industry reaches $15.7 billion in scale

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...

SK Chemicals introduces Tiglutik, treatment for Lou Gehrig's disease

SK Chemicals introduces Tiglutik, treatment for Lou Gehrig's disease

SK Chemicals said on Monday that it is strengthening its portfolio of neurological diseases by introducing Tiglutik (riluzole), Lou Gehrig's disease...

Samsung Elec seen as 2023 top outperformer in Korea

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...

Korea plans to raise tax breaks for chipmakers, key industries

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...

South Korea to double stockpiles of rare-earth minerals

South Korea to double stockpiles of rare-earth minerals

South Korea's Ministry of Trade, Industry and Energy said on Friday it will double the government's stockpiles of rare-earth minerals and halve thei...

SuperBin completes plastic recycling factory in Seoul suburb

SuperBin completes plastic recycling factory in Seoul suburb

SuperBin, a South Korean startup reshaping the waste recycling ecosystem using Fourth Industrial Revolution technologies, on Thursday said it had co...

KCC ramps up glass wool production capacity

KCC ramps up glass wool production capacity

KCC Corp., a global applied materials chemical company, is accelerating its foray into the inorganic insulation material-based glass wool market.The...

LIG Nex1 signs contract for next-gen military radio system

LIG Nex1 signs contract for next-gen military radio system

LIG Nex1 Co. said on Thursday it has signed a contract worth 80 billion won ($63.1 million) with the Defense Acquisition Program Administration for ...

Hansol Chemical to enter bio industry with BiOCS acquisition

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...

BASF, ADM join race to buy Korean ceramide maker Solus Biotech

BASF, ADM join race to buy Korean ceramide maker Solus Biotech

BASF SE, the world’s largest chemical producer, US food processing giant ADM Co. and two other global companies have joined the race to acquir...

Hanwha revs up to acquire STX Heavy Industries, following DSME purchase

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...

Hyundai Heavy Industries Group changes its name to HD Hyundai

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...

KT signs agreement with O2 Company on smart fish farming

KT signs agreement with O2 Company on smart fish farming

KT Corp., a South Korean telecom giant, plans to advance into the sea farming business.KT said on Sunday it had signed a business agreement with O2 ...

SKC to showcase innovative chip, battery materials at CES 2023

SKC to showcase innovative chip, battery materials at CES 2023

SKC Ltd., a South Korean chemical materials maker, will showcase innovative materials for rechargeable batteries and semiconductors at CES 2023, the...

Samsung Heavy Industries lands $1.5 bn deal for offshore plant order

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...

Hyundai Heavy Industries Group develops dual LNG-hydrogen engine

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 ...

CJ CheilJedang develops biodegradable cosmetic containers

CJ CheilJedang develops biodegradable cosmetic containers

CJ CheilJedang Corp. said on Thursday that it has applied a biodegradable container developed from a composite material mixed with PHA (polyhydroxya...

Samsung unveils industry’s first 12 nm DRAM, compatible with AMD

Samsung unveils industry’s first 12 nm DRAM, compatible with AMD

Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it has unveiled an advanced DRAM chip, using the industry&rsq...

Hyundai Heavy develops new chemical-resistant paint for PC carriers

Hyundai Heavy develops new chemical-resistant paint for PC carriers

Hyundai Heavy Industries Group said Wednesday that it has developed a paint product for petrochemical product (PC) carriers with significantly impro...

GS E&C inks deal with AirFirst on industrial gas tech development

GS E&C inks deal with AirFirst on industrial gas tech development

GS Engineering & Construction Co. said on Tuesday that it has signed an agreement with AirFirst to work together in the areas of industrial gas ...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

Chemical and Advanced Materials Industry Governors

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