Korean battery firms seek benefits from US EV incentive details

Korean battery firms seek benefits from US EV incentive details

South Korea’s battery industry has high hopes for details on requirements for US tax credits on electric vehicles to be announced this week as...

LS Group completes nickel sulfate plant for EV batteries

 LS Group completes nickel sulfate plant for EV batteries

South Korea’s LS Group said on Monday it has completed construction of a new plant to produce nickel sulfate, a key raw material for next-gene...

Samsung's Lee visits growth driver MLCC China plant

Samsung's Lee visits growth driver MLCC China plant

Samsung Electronics Co. Chairman Jay Y. Lee has chosen Samsung Electro-Mechanics Co.'s new multi-layer ceramic capacitor (MLCC) plant in Tianjin as ...

Korea’s LG Elec, POSCO Future M receive GM supplier awards

Korea’s LG Elec, POSCO Future M receive GM supplier awards

South Korea’s LG Electronics Inc. and POSCO Future M said on Sunday that they won annual supplier awards from US top automaker General Motors ...

Samsung Chairman Lee to meet new premier in China

Samsung Chairman Lee to meet new premier in China

Samsung Electronics Co. Chairman Jay Y. Lee arrived in Beijing on March 23 to review the chipmaker’s business in China, which is gradually rec...

Jury still out on Korean chipmakers’ tech upgrades in China

 Jury still out on Korean chipmakers’ tech upgrades in China

When the US Commerce Department announced the guardrail clauses on the CHIPS and Science Act earlier this week, South Korea’s government offic...

S.Korea's CGBio exports $8 mn filler to Australia, New Zealand

S.Korea's CGBio exports $8 mn filler to Australia, New Zealand

CGBio, a South Korean bio-regenerative medical company, announced on Thursday that it has signed a contract to export its hyaluronic acid (HA) fille...

SK On, EcoPro, China’s GEM to jointly build precursor factory

SK On, EcoPro, China’s GEM to jointly build precursor factory

South Korea’s electric vehicle (EV) battery major SK On Co. will build a precursor plant at home with a Korean partner, EcoPro Co., and China'...

EV fast-charging company Crocus succeeds in $5 mn Series B funding

EV fast-charging company Crocus succeeds in $5 mn Series B funding

Crocus Inc., a South Korean startup focused on energy infrastructure and leveraging artificial intelligence (AI), announced on Wednesday that it rai...

Samsung, SK Hynix look to China exit plans as growth stunted

Samsung, SK Hynix look to China exit plans as growth stunted

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are in quandary over their growth strategies in China fo...

LG Chem supplies RO filters for Chinese lithium extraction project

LG Chem supplies RO filters for Chinese lithium extraction project

South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...

CGBio inks export deal for hyaluronic acid fillers with Chinese distributor

CGBio inks export deal for hyaluronic acid fillers with Chinese distributor

CGBio, a South Korean bio-regenerative medical company, has signed an export deal with Shanghai Feiting Trading Co., a Chinese medical device distri...

Will S.Korean games benefit from China’s deregulation?

Will S.Korean games benefit from China’s deregulation?

China is loosening its grip on foreign online games with approvals on 27 titles, raising hopes that South Korean publishers will expand their presen...

LS E-Link partners with Logen to boost EV charging

LS E-Link partners with Logen to boost EV charging

LS E-Link, a new corporation of South Korea's LS Group that specializes in electric vehicle (EV) charging infrastructure and operation, has signed a...

Trouble with EV charging? Help is just a click away with Hyundai

Trouble with EV charging? Help is just a click away with Hyundai

Having trouble charging your electric vehicle at a charging station?With Hyundai Motor Co.'s automatic EV charging robot, help is just a click away....

Hyundai Motor, Kia to research EV energy with three universities

Hyundai Motor, Kia to research EV energy with three universities

Hyundai Motor Co. and Kia Corp. will form a research ecosystem for sustainable electric vehicle (EV) energy with Seoul National University, Chung-An...

S.Korea's FutureChem gets approval for phase 3 clinical trials in China

S.Korea's FutureChem gets approval for phase 3 clinical trials in China

South Korean radiopharmaceutical development company FutureChem Co. announced on Thursday that China's National Medical Products Administration (NMP...

Korea EV cell makers unveil new products to expand market

Korea EV cell makers unveil new products to expand market

South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...

F&F bets on China's beauty market under MLB brand

F&F bets on China's beauty market under MLB brand

F&F Co., a South Korean retailer of Western brands such as Major League Baseball (MLB), has been rapidly penetrating China's cosmetics market, w...

South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea said on Wednesday it will create the world’s largest semiconductor cluster near Seoul by attracting 340 trillion won ($261 billion...

Hyundai, other Korean steelmakers slim down Chinese units

Hyundai, other Korean steelmakers slim down Chinese units

Hyundai Steel Co. has decided to sell its Beijing arm, worth 400 billion won ($310 million) in asset value, hit by declining sales of its affiliates...

LS Electric unveils innovative solutions at Korea, Japan energy exhibitions

LS Electric unveils innovative solutions at Korea, Japan energy exhibitions

LS Electric Co., Ltd., an industrial electric solutions company from South Korea, is set to showcase innovative solutions at smart energy exhibition...

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...

SK Networks renames its EV charger unit to SK Electlink

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...

Hyundai L&C targets China’s interior materials market

Hyundai L&C targets China’s interior materials market

Hyundai L&C, a South Korean building materials company under the Hyundai Department Store Group, said on Sunday that it has entered the Chinese ...

Dayou A-Tech completes building EV seat production facility

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...

Asiana Airline boosts flights to China as demand recovers

Asiana Airline boosts flights to China as demand recovers

Asiana Airlines Inc. said on Thursday that it would increase its flights to China by nearly nine times from this month, aiming to restore half of it...

Hyundai eyes greater SUV market share with new Kona EV

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...

S.Korean fashion brands rush to China for pent-up demand

S.Korean fashion brands rush to China for pent-up demand

South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...

S.Korea reigned supreme on global shipbuilding market in February

S.Korea reigned supreme on global shipbuilding market in February

South Korea’s shipbuilding industry has blown away that of China in order volume.Clarkson Research, a British shipbuilding and shipping market...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race