CJ Olive Young opens pop-up at @cosme Tokyo
South Korea's health and beauty store chain CJ Olive Young announced on Thursday that it opened a pop-up store at @cosme Tokyo, Japan’s larges...
LG Chem breaks ground on its 1st US cathode plant
CLARKSVILLE, TN – South Korea’s No. 1 chemical maker LG Chem Ltd. striving to become a leading global battery materials player broke gro...
Hyundai to sell Russian car plants at about $100 for exit
Hyundai Motor Co., South Korea’s top carmaker, has decided to sell its plants in Russia for only about $100 to a local company although it has...
Yen deposits at Korean banks surge to record $9.9 bn
Yen deposits at South Korean banks grew by the largest-ever monthly amount in November to a record $9.92 billion, central bank data show, as investo...
OCI signs $1 billion polysilicon supply deal with US solar firm CubicPV
OCI Holdings Co., a leading South Korean chemical and green energy company, said on Tuesday it has clinched a $1 billion deal to supply polysilicon ...
Samsung, ASML to build joint research plant in Hwaseong
Samsung Electronics Co. and ASML Holding NV plan to build their joint research plant in Dongtan township in Hwaseong, South Korea, in which the me...
SK Telecom launches AI-based phone interpreting service
South Korea’s top mobile carrier SK Telecom Co. has launched an artificial intelligence-based telephone interpreting service in real-time for ...
CJ Foodville attracts $54 mn investment from Arges PE
CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of bakery brand Tous les Jours announced on Thursday that it at...
Korea’s top dollar store chain Daiso buys out Japanese shareholder
South Korea’s AsungHMP Co. has bought a 34.2% stake in Asungdaiso Corp., which operates the country’s top dollar store chain Daiso, from...
SK Ecoplant completes battery recycling plant in China
South Korea’s SK Ecoplant announced on Wednesday that it completed a battery recycling plant in the Yancheng Economic and Technological Develo...
Toho buys 25% stake in CJ ENM’s Fifth Season for $225 mn
Toho Co. has acquired a 25% stake in Fifth Season for $225 million, a move expected to be a win for not only the money-losing US-based producer-dist...
Hyundai Movex to supply smart logistics for Hankook Tire US plant
South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, secured a $82 million contract to equip Hank...
LG H&H’s sales surges 300% on Qoo10 in 6 months
South Korea’s LG H&H Co. announced on Thursday that its sales in November this year in Megawari, a shopping event organized by Qoo10, th...
GC Biopharma breaks ground on blood product plant in Indonesia
South Korea’s GC Biopharma Corp. broke ground on Wednesday on Indonesia’s first blood product plant through technology transfer.Indonesi...
POSCO starts building industrial gas facilities in Pohang
South Korea’s top steelmaker POSCO started to construct an industrial gas production facility with a capacity of 250,000 tons at its seconda...
Access Bio opens second plant in New Jersey
The US-based in-vitro diagnostic device company Access Bio Inc. announced on Monday that it opened its second factory in Monroe Township, New Jersey...
Kumho Petrochemical accelerates CCUS push with CO2 capture plant
Kumho Petrochemical Co., South Korean petrochemical major, is accelerating its inroads into the carbon capture, utilization and storage (CCUS) marke...
EcoPro BM hits $34 billion jackpot to supply cathodes to Samsung SDI
EcoPro BM Co. has signed a 44 trillion won ($34 billion) to supply cathodes to Samsung SDI Co. for five years, deepening their alliance and betting ...
POSCO completes construction of Korea’s 1st lithium hydroxide plant
POSCO Holdings Inc., the investment and holding company of South Korea’s steel giant POSCO, said on Wednesday it has completed the constructio...
LG H&H to boost marketing of makeup brands in Japan
South Korea's LG H&H Co. announced on Tuesday that it will boost marketing of its premium makeup brands "Glint by VDIVOV" (Glint) and "freshian"...
Sodium-ion batteries emerge as alternative to lithium, LFP batteries
Sodium-ion batteries (SIBs) are emerging as an alternative to lithium-ion batteries, currently dominating the rechargeable battery market for electr...
L&F to invest $1.9 bn to build key battery materials plants
DAEGU, South Korea – L&F Co., South Korea’s major cathode supplier seeking to transform into a comprehensive battery materials produ...
Cosmax targets Thailand with K-beauty cosmetic formulations
Cosmax Inc., South Korea's largest cosmetics manufacturer that specializes in original design manufacturing (ODM), announced on Monday that it is ac...
Hyundai Motor signs Korea’s largest PPA deal to go carbon neutral
South Korea’s top automaker Hyundai Motor Co. said on Thursday it has signed a power purchase agreement (PPA) with Hyundai Engineering & C...
Hyundai to build EV battery pack plant in India by 2025
South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...
S.Korea-UK upgrade bilateral ties, sign deals on nuclear plants, chips
LONDON – South Korea and the UK have agreed to upgrade their bilateral relationship and closely cooperate in the defense, security and busines...
Innocean to enter Japanese ad market
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Monday it signed a memorandum of understanding...
Japanese furniture brand Nitori to open first store in Korea
Nitori Co., dubbed Japan's IKEA, is slated to open its first store in South Korea next week, accelerating its Asia-centered expansion push, while su...
KG Mobility seeks to expand into Vietnam
South Korean automaker KG Mobility Corp. said on Friday it had sought to expand strategic cooperation, including entering the Vietnamese market, aft...
Hyundai Wia to defend against illegal drones
South Korea's second-largest automotive parts supplier Hyundai Wia Corp. plans to develop an anti-drone system (ADS) technology tailored to the uniq...
