Hyundai Transys wins Red Dot Design Award
South Korean auto powertrain and seat maker Hyundai Transys announced on Monday that it has won the Winner prize at the "2023 Red Dot Design Award."...
SKC acquires 45% stake in chip test firm ISC for $400 million
SKC Ltd., a South Korean chemical materials company, said on Friday it has acquired a 45% stake in semiconductor test equipment maker ISC Co., for 5...
POSCO gears up for big stride as green materials firm with Hyper NO
South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with...
Kolon Industries to develop new materials for space exploration
Kolon Industries Inc., a South Korean chemical and textile manufacturer, announced on Wednesday it has signed a memorandum of understanding (MOU) wi...
SKC to invest $3.8 bn in secondary battery materials by 2025
South Korea's chemical material maker SKC will invest over 5 trillion won ($3.8 billion) in three sectors -- secondary batteries, semiconductors and...
Lotte Energy Materials aspires to become copper foil leader: CEO
South Korea’s Lotte Energy Materials Corp. said on Tuesday that growing demand for reasonably priced electric vehicles will expand the market ...
S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn
SK Group, South Korea’s second-largest conglomerate, is set to purchase the entire stake in a US bio joint venture held by its partner, as the...
POSCO’s Choi traverses Canada, US to pitch for battery material projects
Choi Jeong-woo, chairman of South Korea’s largest steel group POSCO, is crisscrossing Canada and the US to meet with politicians and business ...
SKIET rejuvenates old mining town in Poland as green industry hub
DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...
LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds
LG Chem Ltd. has begun mass production of high-nickel cathode materials made with a single crystal structure for the first time in South Korea, whic...
Samsung, LG, Sony vie for mixed-reality OLED display market
Samsung Display Co., LG Display Co. and Sony Corp. — the world’s three leading display panel makers — are ratcheting up efforts to...
AI talent shortage poses threat to Korean AI tech development
Since the advent of the AI-powered chatbot sensation ChatGPT, the battle to win AI talent across companies large and small has intensified, threaten...
KAI succeeds in localizing wing spar components for Israeli business jet
Korean Aerospace Industries Ltd. (KAI), a South Korean aerospace and defense company, announced on Friday that it held a commemorative event for the...
L&F to jump-start anode business with Mitsubishi Chemical
L&F Co., a major cathode supplier in South Korea, has embarked on a grand plan to take its battery materials business to new heights with the ad...
Hanwha Impact develops 50% hydrogen gas turbine technology
The Ministry of Trade, Industry and Energy announced on Wednesday that Hanwha Impact Corporation, a South Korean petrochemical manufacturer, has dev...
POSCO, CNGR to build $1.2 bn battery materials plants in Korea
South Korea’s steel giant POSCO Group and China’s CNGR Advanced Material Co. have agreed to spend 1.5 trillion won ($1.2 billion) on sec...
Dong-A ENG Co.
Key facts Industry Mass-production mold design and manufacturing/machinery manufacturing Mainstay products/services Automotive int...
Battery materials firms revive Korean cities with new plants
As South Korean battery materials companies such as LG Chem Ltd., POSCO Future M Co. and EcoPro Co. aggressively step up facility investment, they a...
LG Energy selects 10 promising global startups in battery area
South Korea's battery maker LG Energy Solution Ltd. announced on Tuesday that it will strengthen collaboration with global startups with high growth...
LG Chem to sell $1.6 bn stake in LG Energy to foreign investors
South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...
POSCO Future M cut greenhouse gases 8.6% in 2022
South Korea's chemical company POSCO Future M Co. last year lowered greenhouse gases a surprising 8.6% from 2021. Reducing its CO2 emissions despite...
Doosan to start demonstration of high-efficiency hydrogen turbine
South Korea’s Doosan Enerbility Co. is set to develop and demonstrate a high-efficiency H-class large hydrogen turbine technology utilizing pu...
Dong-A ENG Co.
Key facts Industry Mass-production mold design and manufacturing/machinery manufacturing Mainstay products/services Automotive interior ...
Seoul Semiconductor beats Samsung Elec in LED market
Seoul Semiconductor Co., South Korea’s hidden tech champion, beat Samsung Electronics Co., a global electronics giant, in the world’s li...
S.Korea's Krafton establishes AI game subsidiary
South Korea's leading game developer Krafton Inc. announced on Wednesday that it has established a new independent studio called ReLU Games.Krafton ...
Samsung takes on TSMC with strengthened chip design IPs
Samsung Electronics Co., the world’s largest memory chipmaker, aims to drastically expand its chip design intellectual property (IP) partnersh...
Daesang to produce new eco-friendly material Cadaverine
Daesang Corp., South Korean manufacturer of food and pharmaceutical ingredients, announced on Wednesday that it has developed a new eco-friendly mat...
POSCO breaks ground on lithium hydroxide plant in S.Korea
POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker,held a groundbreaking ceremony on Tuesday to mark the commen...
SKC to sell unit to Glenwood PE at $390 mn for future biz
SKC Ltd., a South Korean chemical materials maker, is set to sell a subsidiary to Glenwood Private Equity in a deal estimated at 500 billion won ($3...
SKC mulls investment in materials in Haiphong, Vietnam
South Korea's SKC has teamed up with Haiphong, a key industrial city in northeastern Vietnam, to reinforce the company's basis for global expansion ...
