E-Friend
Scope
Date
~
-
Batteries
LS e-Mobility to supply $187 million in EV parts to Hyundai Motor, Kia
LS e-Mobility Solutions Co., a power transmission parts maker, has won a 250 billion won ($187 million) deal to supply electric vehicle (EV) parts...
Aug 22, 2023 (Gmt+09:00)
-
Carbon neutrality
SK E&S' low-carbon LNG project enjoys tailwind in Australia
DARWIN, Australia -- Darwin, Australia's northernmost port city, lies at the crossroads of the Pacific and Indian Oceans. With a tropical climate of...
Aug 21, 2023 (Gmt+09:00)
-
Energy
Team Korea lands $447 mn solar power project in US
A group of six South Korean companies dubbed "Team Korea," which comprises private companies such as SK Ecoplant, public companies and a government ...
Aug 21, 2023 (Gmt+09:00)
-
Economy
Seoul’s slow but enduring push to be Asia’s premier financial hub
It is a long-cherished dream of Seoul, the capital city of South Korea, to present itself to the world as Asia’s prime financial hub, but the ...
Aug 18, 2023 (Gmt+09:00)
-
Energy
Daewoo E&C, KAERI to team up for nuclear tech research
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) announced on Friday that it signed a research collaboration memorandum of u...
Aug 18, 2023 (Gmt+09:00)
-
Earnings
Brokerages cut E-Mart’s share price target after disappointing Q2
South Korea’s largest hypermarket chain E-Mart Inc., a unit of domestic retail giant Shinsegae Group, on Wednesday posted disappointing second...
Aug 16, 2023 (Gmt+09:00)
-
Steel
POSCO changes brand slogan for first time in 23 years
POSCO Holdings Inc., the holding firm of South Korea’s largest steelmaker, on Wednesday announced a new brand slogan, “Green Tomorrow, w...
Aug 09, 2023 (Gmt+09:00)
-
Earnings
Coupang’s Q2 profit soars to a record, driven by e-commerce
Coupang Inc., South Korea’s leading delivery service provider, on Wednesday posted an all-time high quarterly profit and revenue, driven by it...
Aug 09, 2023 (Gmt+09:00)
-
E-commerce
SSG.Com announces global first launch of Piaget's new watch
SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...
Aug 08, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
Flying to S.Korea's Jeju Island? Just bring smartphone
The identity verification app Pass of South Korea's three telecom companies has added another function: enabling a user to board a domestic flight w...
Aug 08, 2023 (Gmt+09:00)
-
Energy
S.Korean transformers invade US market on surging demand
South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...
Aug 04, 2023 (Gmt+09:00)
-
Earnings
Naver posts record Q2 operating profit on e-commerce, content
South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...
Aug 04, 2023 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha Aerospace ventures into eco-friendly ship market
South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....
Aug 03, 2023 (Gmt+09:00)
-
Automobiles
Kia America’s new normal: Record car sales month after month
Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...
Aug 02, 2023 (Gmt+09:00)
-
Electronics
Samsung’s Bespoke Jet AI sweeps global acclaim
Bespoke Jet AI, the cordless stick vacuum cleaner of Samsung Electronics Co., continues to receive international recognition for its superior techno...
Aug 02, 2023 (Gmt+09:00)
-
Construction
Hyundai E&C bags $145 mn order to build HVDC line in Saudi Arabia
Hyundai Engineering & Construction Co. has won a $145 million deal in Saudi Arabia, boding well for the leading South Korean builder’s bus...
Aug 01, 2023 (Gmt+09:00)
-
Energy
Daewoo E&C, SK Ecoplant to cooperate in nuclear power
South Korea’s Daewoo Engineering & Construction Co. (Daewoo E&C) and SK Ecoplant Co. will jointly take on the domestic and overseas ma...
Jul 27, 2023 (Gmt+09:00)
-
Hydrogen economy
SK E&S, Plug Power to strengthen hydrogen partnership
South Korea's SK E&S Co. and Plug Power, a global hydrogen solutions provider, have reinforced their commitment to accelerating the developmen...
Jul 27, 2023 (Gmt+09:00)
-
Construction
GS E&C faces heavy loss in Q2 due to apartment reconstruction plan
GS Engineering & Construction Co., South Korea’s major construction firm, posted a quarterly operating loss in the April-June period for t...
Jul 26, 2023 (Gmt+09:00)
-
Earnings
Hyundai Steel extends profit streak in Q2 on brisk auto steel sales
Hyundai Steel Co., South Korea’s second-largest steelmaker, plans to ramp up automotive and eco-friendly steel production after posting an ope...
Jul 26, 2023 (Gmt+09:00)
-
Carbon neutrality
SK E&S seeks Australia's support for Barossa LNG, CCS projects
SK E&S Co. has asked Australia to support its liquefied natural gas fields in the country and a carbon capture and storage (CCS) project in neig...
Jul 26, 2023 (Gmt+09:00)
-
Hydrogen economy
ISTE to develop eco-friendly hydrogen with British company
An innovative South Korean small business has secured technology to simultaneously produce eco-friendly hydrogen and cathode materials for secondary...
Jul 26, 2023 (Gmt+09:00)
-
Energy
SK E&S opens representative office in Vietnam
South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation business by opening a rep...
Jul 24, 2023 (Gmt+09:00)
-
Earnings
Hyundai E&C beats Q2 profit estimates on strong foreign deals
Hyundai Engineering & Construction Co., South Korea’s leading builder, reported better-than-expected profit in the second quarter thanks t...
Jul 21, 2023 (Gmt+09:00)
-
Retail
Korean convenience stores threaten Japanese rivals’ empire
South Korea’s convenience store chains aim to seize the throne from Japanese rivals in Asia by utilizing K-pop and food as they look for new g...
Jul 21, 2023 (Gmt+09:00)
-
Retail
Alibaba launches express ships to S.Korea as orders surge
Alibaba.com, China’s largest online marketplace, launched an express cargo ship service between South Korea and China this week to meet a surg...
Jul 20, 2023 (Gmt+09:00)
-
Automobiles
S.Korea’s car exports hit H1 record high on brisk EV sales
South Korea’s automobile export value in the first six months of this year hit the highest-ever $35.7 billion for a half-year period, mainly d...
Jul 17, 2023 (Gmt+09:00)
-
Construction
Hyundai E&C joins project for Ukraine's post-war reconstruction
South Korea’s Hyundai Engineering & Construction (E&C) has joined a post-war reconstruction project in Ukraine to expand the nation&rs...
Jul 17, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
KT to cooperate with Mongolian gov't on DX techs
South Korea's telecom service provider KT Corp. disclosed on Monday its plans to collaborate with the Mongolian government to usher in a digital tra...
Jul 17, 2023 (Gmt+09:00)
-
Construction
Hyundai E&C to commercialize CCS for the first time in S.Korea
South Korea's Hyundai Engineering & Construction announced that it has won the contract for the preliminary front-end engineering and design (Pr...
Jul 13, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet