KOWEPO, France EDF to collaborate for UAE solar projects
Korea Western Power Co. (KOWEPO) announced on Friday that it has signed a United Arab Emirates (UAE) Khazna 1.5 GW Solar Project Bid Joint Developme...
Samsung Electronics collects $4.3 bn in dividends from display unit
Samsung Electronics Co., the world’s largest memory chipmaker, is slated to receive about 5.64 trillion won ($4.3 billion) worth of dividends ...
SK Hynix earmarks $91 bn to construct world's largest chip fab
SK Hynix Inc., the global No. 2 memory chipmaker, is slated to invest more than 120 trillion won ($90.7 billion) by 2046 to build the world’s ...
Korea fines Doosan Enerbility $12 mn for improper bookkeeping
South Korea’s top financial regulator said on Wednesday it will fine local major power plant builder Doosan Enerbility Co. 16.1 billion won ($...
GAS Entec wins order for Indonesian offshore plant
South Korea’s GAS Entec Co., the offshore plant design and modification form, has secured a contract to construct and operate a liquified natu...
Samsung Elec triples new TV preorders powered by AI
Samsung Electronics Co., the world’s top TV manufacturer, said on Sunday it is enjoying strong demand for new TVs, especially premium ultra-la...
S.Korea’s Kumho Tire to invest $751 mn to build plant in Europe
Kumho Tire Co., South Korea’s No. 2 tire maker, plans to invest more than 1 trillion won ($750.8 million) by 2027 to build its first plant in ...
SK Ecoplant opens US recycling plant for data center servers
SK Ecoplant Co., a South Korean construction engineering and waste management firm, said on Thursday it launched a recycling plant for data cen...
LG Chem to close base chemical styrene monomer business
LG Chem Ltd., South Korea's No. 1 petrochemical company, will shut down its styrene monomer (SM) production line this month and is mulling closing a...
SK Ecoplant, TES to enter Japan’s battery recycling market
SK Ecoplant Co., a South Korean construction engineering and waste management firm, said on Tuesday it is entering Japan’s battery recycling m...
LG Uplus unveils AI Callbot at Cuckoo call center
South Korea’s LG Uplus Corp. announced on Tuesday that it will introduce the smart customer support solution artificial intelligence (AI) Call...
Doosan wins $114 mn Saudi power plant equipment order
Doosan Enerbility Co. said on Monday it has bagged an order worth 150 billion won ($114 million) to supply turbines and generators for two combined ...
LG’s new AI-controlled soundbar to hit US market in March
LG Electronics Inc. will roll out its new flagship soundbar system — powered by AI and 15-channel sound — in North America later this mo...
LG Energy, Qualcomm to develop battery management system
South Korea’s LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, announced on Sunday that it will dev...
Hyundai Steel to resume steel production in Russia
South Korea’s Hyundai Steel Co. is expected to resume steel production in Russia two years after it took its plant offline in the country amid...
Hyundai Movex to supply smart logistics for EcoPro BM Canada plant
South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, announced on Wednesday that it signed a 20 bil...
BMW unveils PHEV sedan New 530e in S.Korea
BMW Korea announced on Tuesday that it unveiled the plug-in hybrid (PHEV) sedan model The New 530e in the domestic market. According to BMW Kor...
LS Eco Energy to supply UHV cables to Singapore's EMA
South Korea's LS Eco Energy Ltd. announced on Tuesday that its Vietnamese production subsidiary, LS-VINA, will supply 12 billion won ($8.99 million)...
CSCEC, SK Ecoplant in $1.9 bn Egypt renewable energy deal
China State Construction Engineering Corp. (CSCEC), the world’s largest builder, and South Korea’s SK Ecoplant Co. are set to team up on...
S.Korea's Upstage to develop on-device AI Office
South Korea's artificial intelligence (AI) startup Upstage announced on Thursday that it will co-develop and commercialize On-device AI Office with ...
Samsung flexes NAND muscle with high-capacity microSD cards
Samsung Electronics Co. on Wednesday unveiled two new microSD cards boasting high performance and capacity usually found in solid-state drives (SSDs...
KHNP, Centrus sign LOI for nuclear fuel supply
Korea Hydro & Nuclear Power Co. (KHNP) announced on Monday that it has signed a letter of intent (LOI) with the US-based Centrus Energy Corp. to...
Samsung to launch its 1st Galaxy Ring in H2 2024
Samsung Electronics Co. will launch its first Galaxy Ring in the second half of this year as the South Korean tech giant is finalizing research and ...
Korea-led group wins Indonesia's power plant service deal
A consortium led by South Korean companies has bagged 130 billion won ($98 million) worth of an offshore plant service order from Indonesia under a ...
POSCO International to build motor core plants in Poland, Mexico
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., said on Monday it will build new trac...
Hyundai, Kia enjoy renewed popularity of LPG trucks Porter, Bongo
Many economists are trumpeting weak business conditions for the coming months. But an economic slowdown isn’t all that bad for Hyundai Motor C...
Hyundai E&C likely to win Bulgaria’s nuclear project
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C) was picked as the preferred bidder for Bulgaria's new nuclear react...
KEPCO narrows losses with 2nd straight quarterly profit
South Korea’s power utility Korea Electric Power Corp. (KEPCO) on Friday posted its second straight quarterly profit, sharply above market for...
AIMMO’s global push gains speed with US foray
South Korean AI-powered data solution-providing startup AIMMO Inc. is expediting its global push with an aggressive advance into the US market, wher...
Upstage releases Solar API for Free
South Korea’s artificial intelligence (AI) startup Upstage announced on Feb. 22 that it released the beta version of its open-source small lan...
