EcoPro battery material maker
Scope
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Shareholder activism
Flashlight Capital offers to buy KT&G’s ginseng business for $1.4 billion
Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has offered to buy South Korean tobacco maker KT&G Corp.'s gin...
Oct 14, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis, Zeiss to mass-produce holographic HUDs in 2027
South Korea’s Hyundai Mobis Co., the world’s No. 6 auto parts supplier, has teamed up with German optics giant Zeiss to mass-produce nex...
Oct 13, 2024 (Gmt+09:00)
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Machinery
Doosan Bobcat RogueX2 wins Red Dot Design Award
South Korea's Doosan Bobcat said on Friday that its construction equipment RogueX2 won the prize in the Design Concept category at the Red Dot Desig...
Oct 11, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply EV batteries to Mercedes-Benz in N.America
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply cells to Mercedes-Benz AG, a German...
Oct 08, 2024 (Gmt+09:00)
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Korean startups
Hyundai Motor Group, D.Camp to host startup demo day
Hyundai Motor Group's open innovation platform ZER01NE said on Tuesday it partnered with startup accelerator D.Camp in collaboration with 19 finan...
Oct 08, 2024 (Gmt+09:00)
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Batteries
LG Energy aims to more than double sales to $50 billion by 2028
LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...
Oct 07, 2024 (Gmt+09:00)
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Batteries
Solus signs incentive agreement with Quebec
Solus Advanced Materials, a South Korean copper foil supplier, said on Friday that its overseas subsidiary Volta Energy Solutions Canada signed an i...
Oct 04, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis to mass-produce parts to double EV charging speed
UIWANG, Gyeonggi Province – Hyundai Mobis Co., the world’s fifth-largest auto parts maker, plans to mass-produce a component that double...
Oct 04, 2024 (Gmt+09:00)
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Energy
SK Enmove, SQM ink supply deal for refrigerant material iodine
SK Enmove Co. a lubricant-producing arm of SK Innovation Co., said on Thursday that it has signed a preliminary agreement to buy iodine from Socieda...
Oct 03, 2024 (Gmt+09:00)
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Batteries
LG Chem develops material blocking battery thermal runaway
LG Chem Ltd. has developed a material that can prevent thermal runaway in a lithium-ion battery, one of the major hurdles to the expansion of the el...
Oct 01, 2024 (Gmt+09:00)
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Batteries
Hyundai Motor Group to develop tech to cut Chinese precursor imports
Hyundai Motor Group, the world’s third-largest carmaker, has started developing electric vehicle battery technology to cut costs and reduce th...
Sep 27, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution tops EV battery quality in China
South Korea's LG Energy Solution Ltd. was selected as the top company for battery quality in China, surpassing Chinese battery manufacturers CATL an...
Sep 26, 2024 (Gmt+09:00)
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Batteries
SK On to cut jobs for first time amid sustained EV weakness
SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to cut its workforce with the company’s first voluntary retir...
Sep 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis gets cybersecurity certification in Europe
Hyundai Mobis Co. has become the first Asian auto parts company to receive cybersecurity certification in Europe, which is leading the way in establ...
Sep 26, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution’s battery management business gains traction
LG Energy Solution Ltd. has kicked off a battery management total solution (BMTS) business to offer automakers more advanced and comprehensive batte...
Sep 25, 2024 (Gmt+09:00)
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Artificial intelligence
LG Innotek develops AI for raw material inspection
LG Innotek, a leading South Korean electronics parts maker, said on Wednesday it developed an artificial intelligence (AI) system that can filter ou...
Sep 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor eyes EV battery production from 2027
Hyundai Motor Co. is preparing to build its first electric vehicle battery production lines by around 2027, taking its first step to internalize bat...
Sep 24, 2024 (Gmt+09:00)
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Fiber & Textile
Kolon expands eco-friendly car interior materials biz
South Korea's Kolon Industries Inc., the Kolon Group's chemical materials arm, will absorb its affiliate Kolon Glotech's automotive materials and pa...
Sep 24, 2024 (Gmt+09:00)
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Electronics
Samsung Display to build $1.8 billion OLED plant in Vietnam
Samsung Display Co., a leading South Korean display maker, will build a $1.8 billion organic light-emitting diode (OLED) line in Vietnam for small- ...
Sep 24, 2024 (Gmt+09:00)
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Batteries
LG Chem to provide cathode materials to Japan's PPES
South Korea's LG Chem Ltd. said on Sunday it will begin supplying cathode materials to Prime Planet Energy & Solutions (PPES), a battery joint v...
Sep 23, 2024 (Gmt+09:00)
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Batteries
Hyundai Steel set to supply iron powder to Korean LFP cathode makers
Hyundai Steel Co., a unit of South Korean automotive group Hyundai Motor Co., is set to enter the battery materials business by supplying iron powde...
Sep 20, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha unveils carbon-free gas carrier amid tougher rules
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has introduced a carbon-free gas carrier to meet the growing demand for eco-friendl...
Sep 20, 2024 (Gmt+09:00)
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ESG
SK Enmove gets gold rating of EcoVadis ESG evaluation
South Korea’s lube oil maker SK Enmove Co., Korea’s top oil refiner SK Innovation Co.'s subsidiary, said on Thursday it received a Gold ...
Sep 19, 2024 (Gmt+09:00)
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Korean food
Korean ramen makers set sights beyond US to Latin America
Nongshim Co. and Samyang Foods Co., South Korea’s two largest ramen makers, are ramping up production to create and meet demand for their spic...
Sep 18, 2024 (Gmt+09:00)
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Chemical Industry
Doosan completes high-end copper foil plant in Gimje, Korea
South Korea's Doosan Corp. completed the construction of a high-end copper foil plant to produce materials widely used in automotive electronic comp...
Sep 13, 2024 (Gmt+09:00)
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Korean stock market
Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index
Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the KEDI Innovator ESG 30 Index in an annual...
Sep 12, 2024 (Gmt+09:00)
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Food & Beverage
AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae
Oriental Brewery Co. (OB), a unit of the world’s largest beer company AB InBev, agreed on Wednesday to purchase Jeju Soju from Shinsegae L&...
Sep 11, 2024 (Gmt+09:00)
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Batteries
Samsung SDI relinquishes polarizer film unit for $834 mn
Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business t...
Sep 10, 2024 (Gmt+09:00)
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Batteries
EcoPro, China’s GEM to build cathode complex in Indonesia
South Korea’s leading electric vehicle cell materials producer EcoPro Group joined hands with the world’s second-largest precursor manuf...
Sep 09, 2024 (Gmt+09:00)
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Batteries
Lotte Energy completes pilot plant for solid-state battery electrolyte
Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, has completed a pilot plant for the production of sulfide...
Sep 05, 2024 (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