Korea's Daesang begins production of sugar alternative allulose

Korea's Daesang begins production of sugar alternative allulose

South Korean food maker Daesang Corp. has started operations of the country’s largest facility for the production of allulose, a low-calorie s...

GS Entec signs deal with global offshore wind power developer

GS Entec signs deal with global offshore wind power developer

GS Entec, an energy equipment manufacturer under South Korea’s GS Global Corp., on Monday said it signed a memorandum of understanding with th...

End of an era: Hyundai, Kia say goodbye to diesel-powered Porters, Bongos

End of an era: Hyundai, Kia say goodbye to diesel-powered Porters, Bongos

Hyundai Motor Co. and Kia Corp. will cease manufacturing diesel-powered compact trucks in November and replace them with liquefied petroleum gas (LP...

Samsung SDI, Stellantis agree to build 2nd US battery plant

Samsung SDI, Stellantis agree to build 2nd US battery plant

South Korea’s Samsung SDI Co. and the Netherlands-based automaker Stellantis N.V. have signed a memorandum of understanding (MOU) to build the...

Cosmax extracts raw materials from indigenous plants in Indonesia

Cosmax extracts raw materials from indigenous plants in Indonesia

Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, announced on Monday that it will unveil a cosmetics raw material b...

POSCO Future M spurs single-crystal cathode production

POSCO Future M spurs single-crystal cathode production

GWANGYANG – POSCO Future M Co., the battery materials unit under South Korean steel giant POSCO Holdings Inc., is spurring production of singl...

Samsung, LG rank top in J.D. Power’s appliance satisfaction study

Samsung, LG rank top in J.D. Power’s appliance satisfaction study

Samsung Electronics Co. and LG Electronics Inc. top ranked in J.D. Power's 2023 US Appliance Satisfaction Study of nine major categories. J.D. ...

Hyundai Motor to advance future mobility with nanotechnology

Hyundai Motor to advance future mobility with nanotechnology

Hyundai Motor Group, which seeks to pivot from a fast follower to a game changer in the global auto sector, has unveiled advanced materials technolo...

Hyundai Transys installs EV-customized seats on Kia EV9

Hyundai Transys installs EV-customized seats on Kia EV9

South Korea's auto components maker Hyundai Transys on Thursday said it applied electric vehicle (EV) seat technology customized for electrification...

Road near SK On’s US plant in Georgia named SK Blvd

Road near SK On’s US plant in Georgia named SK Blvd

South Korean battery maker SK On announced on Thursday that a road near its US corporation, SK Battery America's (SKBA) site, has been renamed "SK...

KHNP develops world's first accident monitoring system for nuclear reactors

KHNP develops world's first accident monitoring system for nuclear reactors

Korea Hydro & Nuclear Power (KHNP) announced on Wednesday that it has successfully developed the Technical Specification Operator Support System...

Hanwha Q Cells pursues next-gen energy solutions other than solar

Hanwha Q Cells pursues next-gen energy solutions other than solar

Lee Koo-yung, CEO of the solar power unit Qcells Division (Hanwha Q Cells) of South Korea's Hanwha Solutions Corp., on Monday said, "We will go beyo...

HD Hyundai Heavy Industries gets early jump on green vessel market

HD Hyundai Heavy Industries gets early jump on green vessel market

South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...

Lotte Chemical, DL Energy team up to produce renewable energy

Lotte Chemical, DL Energy team up to produce renewable energy

South Korea’s Lotte Chemical Corp. and DL Energy have joined forces to spread carbon neutrality and environmental, social and governance (ESG)...

Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen

Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen

Samsung Heavy Industries Co., a leading South Korean shipbuilder, has won a 3.96 trillion won ($3.13 billion) deal to build 16 methanol-powered cont...

Lotte Materials invests in French silicon cathode materials startup

Lotte Materials invests in French silicon cathode materials startup

Lotte Energy Materials Corp., formerly Iljin Materials and now a copper foil manufacturing subsidiary of South Korea's Lotte Chemical Corp., on Sund...

Samsung Electro-Mechanics starts mass-producing power inductors

Samsung Electro-Mechanics starts mass-producing power inductors

South Korea's Samsung Electro-Mechanics has started mass-producing power inductors, an essential component of electric (EV) and self-driving vehicle...

Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech

Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech

South Korea’s power plant builder Doosan Enerbility Co. announced on Monday that it signed an R&D agreement with the UK-based chemical com...

Nongshim, the ‘Parasite’ food maker, aims big in US

Nongshim, the ‘Parasite’ food maker, aims big in US

Nongshim Co., South Korea’s largest instant noodle maker, is a beneficiary of the success of the Oscar-winning film Parasite as well as the ou...

Samsung takes on Micron with new flash auto memory UFS 3.1

Samsung takes on Micron with new flash auto memory UFS 3.1

Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass production of its latest flash memory chip, which the company sa...

EV9 SUV to be Kia’s 1st EV assembled in US

EV9 SUV to be Kia’s 1st EV assembled in US

Kia Corp. will spend over $200 million to transform part of its assembly plant in the US state of Georgia to manufacture its second all-electric SUV...

Hanwha Solutions, SK D&D team up for hydrogen fuel cell, solar power

Hanwha Solutions, SK D&D team up for hydrogen fuel cell, solar power

South Korea's Hanwha Solutions Corp. and SK D&D have signed a strategic memorandum of understanding (MOU) to jointly pursue hydrogen fuel cell...

Korea revives nuclear power for its 2024-2038 energy plan

Korea revives nuclear power for its 2024-2038 energy plan

South Korea is slated to bring forward action steps on its power supply plan for the 2024-2038 period, with a possibility to review building more nu...

Novartis $391 mn deal powers Samsung Biologics backlogs to record high

Novartis $391 mn deal powers Samsung Biologics backlogs to record high

Samsung Biologics Co., the world’s top contract manufacturing organization by capacity, inked a $391 million contract from Novartis, nearly fi...

Hyundai Motor chairman visits Intel, seeking stable supply of chips

Hyundai Motor chairman visits Intel, seeking stable supply of chips

Hyundai Motor Group Chairman Chung Euisun toured Intel Corp.’s Leixlip Campus in County Kildare, Ireland last week to check out the latest tec...

HD Hyundai Infracore to develop hydrogen gas turbine engine

HD Hyundai Infracore to develop hydrogen gas turbine engine

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of understanding (MOU) with...

Deal reached on LG-Stellantis battery plant subsidy; construction resumes

Deal reached on LG-Stellantis battery plant subsidy; construction resumes

All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...

Kia’s Gwangju auto plant gears up for 2nd heyday with EVs

Kia’s Gwangju auto plant gears up for 2nd heyday with EVs

GWANGJU, South Jeolla Province -- Kia Corp.'s plant in Gwangju, about 270 kilometers south of Seoul, bustled with workers and cars, including its be...

KPS to recycle waste batteries for Samsung Electronics

KPS to recycle waste batteries for Samsung Electronics

Segi Recycling Technology, aka Segi Retech, a secondary battery recycling subsidiary of South Korea's KPS Corporation, has entered the market for re...

KGC unifies BI of red ginseng brand as JUNG KWAN JANG

KGC unifies BI of red ginseng brand as JUNG KWAN JANG

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., will unify its red ginseng brand identity (BI) as JUNG KWAN JA...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale