Good Design Awards of the US
Scope
Date
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Automobiles
Hyundai, Kia post record-high Jan. sales figures in US
Hyundai Motor Co. and Kia Corp. posted the highest sales record in the US market in January. Hyundai Motor America said on Wednesday that it sold 52...
Feb 02, 2023 (Gmt+09:00)
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Bio & Pharma
Hanmi's Rolvedon set to post $10 mn in Q4 net sales in US
South Korean drugmaker Hanmi Pharmaceutical Co.’s neutropenia agent, Rolvedon (eflapegrastim-xnst), is forecast to achieve about $10 million i...
Feb 02, 2023 (Gmt+09:00)
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Bio & Pharma
Lunit launches AI-based pathology analysis solution with US firm
South Korea's medical imaging startup Lunit said on Wednesday that it has launched Guardant360 TissueNext, an AI-based pathology analysis solution d...
Feb 01, 2023 (Gmt+09:00)
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Real estate
Bluecove buys Grand Hyatt Seoul for over $565 million
South Korean real estate firm Bluecove Investment has signed an agreement to acquire five-star hotel Grand Hyatt Seoul for more than 700 billion won...
Jan 31, 2023 (Gmt+09:00)
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Electronics
Samsung to showcase customized home appliances at KBIS 2023
Samsung Electronics Co. will showcase its home appliance lineup that focuses on sustainability and personalized design at the 2023 Kitchen & Bat...
Jan 31, 2023 (Gmt+09:00)
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Energy
Korea’s Hyundai Electric wins $86 mn transformer deal in US
Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...
Jan 31, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha kickstarts localization of 1,000-hp gas turbine engine components
A project to lengthen the lifecycle of 1,000-horsepower gas turbine engine core components and materials, which is led by Hanwha Aerospace Co. locat...
Jan 31, 2023 (Gmt+09:00)
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Retail
Philip Morris, KT&G extend sales partnership to 2038
KT&G Corp., the world's fifth-largest tobacco maker, has extended its sales partnership with US cigarette giant Philip Morris International Inc....
Jan 30, 2023 (Gmt+09:00)
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Artificial intelligence
AI tech of Samsung Research recognized via machine translation award
Samsung Research, the research and development (R&D) hub of Samsung Electronics Co., has proven its excellence in artificial intelligence-based ...
Jan 30, 2023 (Gmt+09:00)
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Electric vehicles
Korea’s SK E&S opens 1st US EV charging stations with Avis
South Korea’s SK E&S Co. opened its first electric vehicle charging station in the US in a partnership with Avis Budget Group, a major Ame...
Jan 29, 2023 (Gmt+09:00)
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Batteries
LG Energy to raise capex by 50% in bet on strong EV growth
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...
Jan 27, 2023 (Gmt+09:00)
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Machinery
Doosan Bobcat opens parts distribution center in Atlanta, Georgia
South Korea's Doosan Bobcat said on Friday that it has opened an additional construction equipment parts distribution center (PDC) in Atlanta, Georg...
Jan 27, 2023 (Gmt+09:00)
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ECM/DCM
South Korea fines US brokerage $9.6 million for high-frequency trading
South Korea has fined Citadel Securities over 10 billion won ($8.1 million) for disrupting market order through high-frequency trading in the countr...
Jan 27, 2023 (Gmt+09:00)
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Earnings
Hyundai vows $8.5 billion investment after record 2022 sales, profit
South Korea’s top automaker Hyundai Motor Co. said on Thursday it will spend 10.5 trillion won ($8.5 billion) this year to ramp up facilities ...
Jan 26, 2023 (Gmt+09:00)
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Energy
Hanwha Solutions, Microsoft sign solar energy partnership in US
Hanwha Solutions Corp., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Thursday it has formed a strategi...
Jan 26, 2023 (Gmt+09:00)
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Korean startups
Silicon Valley, Korean startups’ choice for global business
Silicon Valley was the favorite place for South Korean startups for their global business as more of them were established in other countries for th...
Jan 25, 2023 (Gmt+09:00)
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Electronics
Samsung's Galaxy S23 obtains Canstar Blue's Most Satisfied Customers award
Galaxy S23, the latest mobile handset of South Korea's electronics giant Samsung Electronics Co., obtained the Canstar Blue 2023 Most Satisfie...
Jan 25, 2023 (Gmt+09:00)
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Electronics
Koh Young to showcase 3D inspection tech at IPC APEX EXPO
Koh Young Technology Inc., a leading 3D optical inspection devices maker in South Korea, is set to participate in IPC APEX EXPO 2023 in San Diego to...
Jan 20, 2023 (Gmt+09:00)
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Bio & Pharma
LG Chem completes acquisition of US biotech firm AVEO
LG Chem Ltd. is set to complete its $571 million purchase of the US biotech firm AVEO Pharmaceuticals Inc. on Friday, which would strengthen its ant...
Jan 19, 2023 (Gmt+09:00)
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Batteries
SK On, graphite processor Urbix to jointly produce anode materials
South Korea's SK On Co. and US graphite processor Urbix Inc. have signed an agreement to jointly develop high-performance anode materials, Korea's l...
Jan 19, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility acquires US design approval for metal nuclear cask
South Korea's energy equipment maker Doosan Enerbility Co. has obtained the green light in participating in the domestic nuclear storage cask market...
Jan 19, 2023 (Gmt+09:00)
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Bio & Pharma
MedPacto's anti-cancer substance designated as US FDA fast-track item
South Korean biotech company MedPacto Inc. ’s Vactosertib monotherapy for osteosarcoma patients has been designated as a fast-track developmen...
Jan 18, 2023 (Gmt+09:00)
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Leadership & Management
Samsung hires ex-Yogiyo CEO to lead online sales as rivals axe jobs
Samsung Electronics Co. has hired Kang Shin-bong, former chief executive of Yogiyo, South Korea’s second-largest food delivery platform, to le...
Jan 16, 2023 (Gmt+09:00)
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Batteries
Hanwha, LG Energy team up for US battery production
South Korea’s Hanwha Group will invest in LG Energy Solution Ltd.'s battery production lines for energy storage systems (ESS) in the US, some ...
Jan 16, 2023 (Gmt+09:00)
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Batteries
SK-Ford JV likely to raise $4 bn via US loan program
Glendale, Kentucky -- A battery joint venture between South Korea’s SK On Co. and Ford Motor Co. is likely to raise about $4 billion in a US g...
Jan 15, 2023 (Gmt+09:00)
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Batteries
LG Energy, Honda to build $4.4 billion battery plant in Ohio
LG Energy Solution Ltd. and Honda Motor Co. have launched their first US joint venture to build an electric vehicle battery plant in Ohio, LG said o...
Jan 13, 2023 (Gmt+09:00)
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Entertainment
Aespa's first VR concert unveiles at the US music festival
AmazeVR, a virtual reality (VR) concert production and distribution platform company, said on Friday that "Aespa VR Concert at Kwangya" was official...
Jan 13, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Orchestra PE acquires KFC Korea for about $50 mn
Asia-focused Orchestra Private Equity agreed on Wednesday to buy a 100% stake in the South Korean operations of fast food chain KFC for around 60 bi...
Jan 12, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s Chung Euisun named MotorTrend’s Person of the Year
Chung Euisun, chairman of South Korea’s Hyundai Motor Group, has been named Person of the Year by MotorTrend, topping the prestigious US autom...
Jan 12, 2023 (Gmt+09:00)
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Electronics
LG OLED evo selected as best product in Japan
LG Electronics Inc.'s OLED evo was selected as the best product by Japan's most well-known audio and video publications.The South Korean company sai...
Jan 12, 2023 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess