S.Korea’s contents export size surpasses home appliances, textiles

South Korea's contents export size recorded $13.3 billion last year, surpassing the export values of home appliances ($8 billion) and textile produc...

Hanwha Ocean mulls large investments in warship facilities

Hanwha Ocean Co., the world’s fourth-largest shipbuilder, is considering large investments in new facilities to manufacture warships as the co...

Samsung Heavy Industries succeeds autonomous vessel navigation

South Korean shipbuilder Samsung Heavy Industries said on Thursday it had successfully demonstrated autonomous vessel navigation from South Korea to...

NPS buys more Hyosung Heavy Industries, LS Electric shares in Q2

National Pension Service (NPS) of South Korea increased investments in local machinery, shipbuilding and semiconductor stocks in the second quarter ...

Doosan forklifts to be sold under Bobcat brand in US, eventually to Europe

Doosan Bobcat Inc., the construction and agricultural machine making unit of South Korea’s Doosan Group, will sell its forklifts under the Bob...

Kolon Industries to develop new materials for space exploration

Kolon Industries Inc., a South Korean chemical and textile manufacturer, announced on Wednesday it has signed a memorandum of understanding (MOU) wi...

LS Cable commercializes world's thinnest LAN cable

South Korea's LS Cable & System announced Wednesday that it has brought to market the world's thinnest LAN cable with a 6 mm outer diameter, cap...

HD Hyundai Heavy Industries starts building next-gen Aegis-equipped ship

South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., has embarked on the full-scale construction of the next...

Kia to begin EV battery subscription service pilot project

South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...

Doosan vice chairman visits robotics trade show Automatica

South Korea’s Doosan Group Vice Chairman Park Ji-won visited Automatica 2023 on Wednesday, a leading trade fair for smart automation held in M...

S.Korea opens doors wider for skilled foreign workers

South Korea will raise the country’s visa quota for skilled foreign workers by 15 times from the previous level to ease chronic labor shortage...

Doosan inks $214 mn deal for Korea combined cycle power plant

Major South Korean power plant builder Doosan Enerbility Co. won a 280 billion won ($214.5 million) deal to supply key components such as a gas tu...

Samsung accelerates foray into fastest AI chip market

South Korea’s Samsung Electronics Co. is speeding up its efforts to penetrate deeper into the high bandwidth memory 3 (HBM3) market, an area i...

SKIET rejuvenates old mining town in Poland as green industry hub

DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...

Private real estate debt shines on banks' financing gaps: Savills

More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...

3rd-gen. corporate succession in S.Korea slashes stake from 100% to 16%

South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...

S.Korea has just 1.2% of world's corporate unicorns: study

Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over $1 billion, has shru...

EU’s new battery act comes with caveats; headache for Samsung, Apple

The European Union’s decision to go greener with batteries that cut carbon emissions and promote recycling comes with a few caveats, posing a ...

Korea's Doosan Enerbility sells Bobcat stake in $214 mn block deal

South Korea’s major power plant builder Doosan Enerbility Co. has sold a minority stake in Doosan Bobcat Inc., its construction equipment unit...

Battery materials firms revive Korean cities with new plants

As South Korean battery materials companies such as LG Chem Ltd., POSCO Future M Co. and EcoPro Co. aggressively step up facility investment, they a...

HD Hyundai Oilbank develops recycled plastic containers

South Korea's petroleum and refinery company HD Hyundai Oilbank Co. has jointly developed a container using recycled plastic with domestic plastic c...

Shopping without passport at S.Korea’s Lotte Duty Free

With a smartphone, you can now shop at duty-free shops in Seoul without a passport.Lotte Duty Free announced on Tuesday that it has introduced the i...

Hanwha Solutions to form industrial complex for chips, auto parts

South Korea's energy service, petrochemical and real estate development company Hanwha Solutions Corp. will build H-Techno Valley, an industrial com...

S.Korea's chip pioneer Amkor aims to rule packaging sector

The history of semiconductors in South Korea, a global tech powerhouse with the world’s two largest memory chipmakers, Samsung Electronics Co....

Vertex Ventures US upbeat for data startups

The healthcare, manufacturing, mobility and retail sectors were slower to adopt digital technologies than the telecom and e-commerce industries in...

Doosan to start demonstration of high-efficiency hydrogen turbine

South Korea’s Doosan Enerbility Co. is set to develop and demonstrate a high-efficiency H-class large hydrogen turbine technology utilizing pu...

Min Sung Precision Co.

Key facts Industry Industrial mold manufacturing and repairment/plastic injection molding Mainstay products/services High-precision mold...

POSCO targets robotic automation solutions for new growth

SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...

HD Hyundai to participate in Ukraine reconstruction project

South Korea's HD Hyundai Construction Equipment Co., the industrial affiliate of HD Hyundai Co., said on Thursday that it held discussions with Ukra...

Samsung Heavy to establish R&D center in Busan

Samsung Heavy Industries is pushing forward with the establishment of a research and development (R&D) center in Busan. This move is part of the...