Electric Energy Show 2023
Scope
Date
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Alternative Investments
Korea's major LPs to focus on core assets in US and Europe
The chief investment officers of 10 South Korean major limited partners (LPs), including pension funds, mutual aid associations and life insurance c...
Nov 09, 2021 (Gmt+09:00)
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Batteries
LG Energy Solution to supply batteries to US fuel cell truck maker Nikola
LG Energy Solution Ltd., a leading South Korean battery maker, has signed a deal to supply batteries to Nikola Corp., a US hydrogen fuel cell electr...
Nov 05, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to debut IONIQ 7 concept in November LA auto show
Hyundai Motor Co. on Thursday revealed teaser images of SEVEN, an all-electric SUV concept that would be the IONIQ 7, its first large-size SUV under...
Nov 04, 2021 (Gmt+09:00)
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Steel
SeAH set for record earnings on steel supercycle, offshore wind projects
SeAH Group, a South Korean mid-size special steel conglomerate, is set to post record earnings this year on the back of the global steel supercycle ...
Oct 31, 2021 (Gmt+09:00)
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Energy
SK E&S in talks to sell ESS, solar energy projects
SK E&S Co. is in talks with a number of private equity firms and financial investors to sell energy storage systems (ESS) and solar energy devel...
Oct 29, 2021 (Gmt+09:00)
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ASK 2021
NPS to up strategic partnerships with global institutions
The National Pension Service (NPS) will increase strategic investments with leading global institutional investors to boost overseas alternative inv...
Oct 28, 2021 (Gmt+09:00)
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ASK 2021
KIC to raise alternative investments to 25% by 2027
Korea Investment Corp. (KIC) plans to increase alternative investments to a quarter of its portfolio by 2027 from the current 16%, its CEO Jin Seoun...
Oct 27, 2021 (Gmt+09:00)
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Batteries
LG Group's No. 2 exec Kwon to head EV battery unit
Kwon Young-soo, the No. 2 leader of South Korea's LG Group, will be appointed as the chief executive officer of LG Energy Solution Ltd. next month, ...
Oct 25, 2021 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops wheels that turn 90 degrees
Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has developed technology to allow wheels to turn by 90 degrees, aiding in sharper vehi...
Oct 25, 2021 (Gmt+09:00)
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M&As
Edison CEO aspires to be Korea’s Elon Musk with Ssangyong takeover
Kang Young-kwon, chairman and chief executive of South Korea’s Edison Motors Co., was virtually unheard of in the country’s automobile i...
Oct 22, 2021 (Gmt+09:00)
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K-pop copyright trading platform Musicow prepares for IPO
Musicow Inc., South Korea's first music copyright trading platform, has embarked on the process to go public on the back of its eye-catching growth ...
Oct 21, 2021 (Gmt+09:00)
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Entertainment
Netflix reports jump in users, calls Squid Game its most popular show ever
Netflix Inc. added 4.4 million memberships in the third quarter, more than the company had forecast, as viewers flocked to the streaming platform wi...
Oct 20, 2021 (Gmt+09:00)
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Entertainment
Netflix’s Squid Game slammed by Kim Jong-un’s propagandists as ‘beastly’
SEOUL—“Squid Game,” Netflix Inc.’s dystopian drama set in South Korea, is the top-watched show in more than 9...
Oct 20, 2021 (Gmt+09:00)
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IPOs
Korea’s Simone to spend up to 40% of net profit for dividends
South Korean Simone Acc. Collection Ltd., the world’s No. 1 handbag maker, plans to spend 30-40% of net profit for dividends after a listing n...
Oct 19, 2021 (Gmt+09:00)
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Entertainment
Korean OTT platform TVing to go abroad with Naver's LINE
South Korea's over-the-top (OTT) streaming platform TVing Co. will make its inroads into Japan and Taiwan next year and into the US in 2023, tapping...
Oct 19, 2021 (Gmt+09:00)
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Batteries
LG Energy, Stellantis to launch $3.4 billion EV battery JV in US
South Korea’s LG Energy Solution Ltd. and multinational automaker Stellantis N.V. are launching a 4 trillion won ($3.4 billion) joint venture ...
Oct 18, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha-invested OneWeb’s internet satellites launched into orbit
A Soyuz rocket has launched 36 new internet satellites operated by London-based OneWeb, in which South Korea’s Hanwha Systems Co. has a stake,...
Oct 15, 2021 (Gmt+09:00)
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IPOs
LG Energy Solution’s IPO plan remains elusive after GM recall settlement
South Korea’s top battery maker LG Energy Solution Ltd. is about to resume its initial share sale plan shelved for months due to the uncertain...
Oct 13, 2021 (Gmt+09:00)
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Automobiles
GM says it will recover $1.9 billion of Bolt-recall costs from LG
General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...
Oct 13, 2021 (Gmt+09:00)
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North Korea
North Korea puts on show of missile might as Kim Jong-un snubs US
North Korea put on one of its largest displays of missiles at an event at which dictator Kim Jong Un said Pyongyang couldn’t trust r...
Oct 13, 2021 (Gmt+09:00)
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Earnings
LG Electronics Q3 profit halves on GM recalls, sales at record-high
LG Electronics Inc. said on Tuesday it expects its third-quarter operating profit to plunge as heavy costs for General Motors Co.’s recall of ...
Oct 12, 2021 (Gmt+09:00)
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Energy
Korea to require power plants to use more renewable energy resources
South Korea plans to require domestic power companies to consume more renewable energy resources for electricity production. The move is a part of t...
Oct 07, 2021 (Gmt+09:00)
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Korean chipmakers
S.Korea shows rare unease against US request for Samsung data
The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...
Oct 06, 2021 (Gmt+09:00)
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Entertainment
Netflix’s ‘Squid Game’ Has Already Inspired Thousands of Halloween Costumes
“Squid Game,” the South Korean dystopian thriller which debuted on Netflix on Sept. 17, is on track to be the platform’s...
Oct 06, 2021 (Gmt+09:00)
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Entertainment
Netflix’s ‘Squid Game’ Is the Dystopian Hit No One Wanted—Until Everyone Did
SEOUL—South Korea’s dystopian drama “Squid Game” might become Netflix Inc.’s biggest hit ever. But for a dec...
Oct 06, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Glovis launches ECOH brand for hydrogen, battery businesses
Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...
Oct 04, 2021 (Gmt+09:00)
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Markets
China power crisis, US tightening chill sentiment on Korea IT sector
Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...
Sep 30, 2021 (Gmt+09:00)
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Sovereign wealth funds
KIC advised to invest in Europe's residential market
Europe's residential real estate market has stronger growth potential than the US housing facilities, given the growing preference among millennials...
Sep 29, 2021 (Gmt+09:00)
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Music & Entertainment
Squid Game: Bloody battle for survival reflects reality – director
Netflix original South Korean drama “Squid Game” is making history again for K-content, topping the platform’s global chart as the...
Sep 29, 2021 (Gmt+09:00)
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Batteries
LG Energy develops safer, long-lasting solid-state battery technology
South Korea’s LG Energy Solution Ltd. said on Friday the company and the University of California San Diego have jointly developed a next-gene...
Sep 24, 2021 (Gmt+09:00)
Latest News
- 1 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 2 President Lee: Businesses at center of policy priorities for economic growth
- 3 Samsung supplies HBM3E to AMD’s new accelerators
- 4 Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds
- 5 Nexon Games rally on Tencent’s attempt to buy Nexon