KEPCO Plant Service
Scope
Date
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Earnings
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...
Feb 23, 2024 (Gmt+09:00)
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Batteries
POSCO to build world's largest battery cathode plant cluster
GWANGYANG, South Jeolla Province -- POSCO Future M Co., a battery materials supplier, on Thursday broke ground on its fifth cathode materials ...
Feb 22, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia aim to raise Indian sales after record output
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, aim to raise sales by 4.2% in India this year after logging record vehi...
Feb 22, 2024 (Gmt+09:00)
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Construction & Planning
SK Energy, PTC Korea team up for smart plant construction business
SK Energy Co., South Korea’s top oil refiner and energy company, said on Wednesday it has teamed up with PTC Korea Co. to jointly enter the gl...
Feb 21, 2024 (Gmt+09:00)
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Asset management
Mirae Asset taps Goldman veteran O’Connor as Global X ETFs CEO
South Korea’s Mirae Asset Global Investments Co. said on Wednesday it has appointed Ryan O’Connor, a Goldman Sachs veteran, as chief exe...
Feb 21, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor Group in test run of dedicated EV plant in Korea
Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...
Feb 21, 2024 (Gmt+09:00)
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Electronics
LG Display to pull out of LCD business; BOE, CSOT eye Guangzhou plant
LG Display Co. has put its liquid crystal display (LCD) panel plant in Guangzhou, China up for sale as the South Korean display panel maker plans to...
Feb 20, 2024 (Gmt+09:00)
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Korean startups
Altos Ventures invests $9.4 mn in Techtaka
South Korea's Altos Ventures announced on Tuesday that it has invested 12.6 billion won ($9.4 million) in the software-centric fulfillment company T...
Feb 20, 2024 (Gmt+09:00)
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Electronics
HD Hyundai to build power distribution device plant in Cheongju
South Korea's HD Hyundai Electric Co. announced on Tuesday that it will invest 117.3 billion won ($87.72 million) in building a new medium and low...
Feb 20, 2024 (Gmt+09:00)
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Chemical Industry
Lotte Chemical completes HEC plant in Yeosu
South Korea’s Lotte Chemical Corp. announced on Monday its commencement of commercial production at the plant of Hydroxy Ethyl Cellulose (prod...
Feb 19, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Naver to develop HyperCLOVA X-based edu service
South Korea’s Naver Corp. announced on Friday that its cloud computing unit Naver Cloud, Daekyo, and NSDevil will co-work to develop education...
Feb 16, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus validates next-gen 5G SW platform tech
South Korea's LG Uplus Corp. announced on Thursday that it has completed the technology verification of next-generation software platforms with Eric...
Feb 15, 2024 (Gmt+09:00)
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Construction
Korea gives the nod for foreign workers at plant construction sites
South Korea is expected to allow foreigners to work at plant construction sites nearly two decades after non-native Koreans were banned from those p...
Feb 14, 2024 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean government seeks to lower streaming service rates
The South Korean government is seeking to lower the country’s video streaming service, or over-the-top (OTT) media service, rates as part of i...
Feb 14, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom to enter Australian pet clinics market in H1
South Korea’s SK Telecom Co. announced on Tuesday that it has signed a commercial contract with ATX Medical Solutions, Australia's largest m...
Feb 13, 2024 (Gmt+09:00)
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Earnings
KT’s 2023 sales rise to all-time yearly high on wireless, internet business
South Korea’s leading telecommunications company KT Corp. on Thursday posted record annual sales revenue for 2023, buoyed by steady growth in ...
Feb 08, 2024 (Gmt+09:00)
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Corporate bonds
LG Energy's 2nd bond issue hits record $4.2 bn in bids
LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...
Feb 08, 2024 (Gmt+09:00)
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Alternative investments
S.Korean investors name their 42 favorite alternative asset managers
Apollo Asset Management, Warburg Pincus and Lexington Partners are South Korean institutional investors’ most preferred private equity firm...
Feb 08, 2024 (Gmt+09:00)
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Corporate investment
Warren Buffett’s IMC to invest $98 million in Daegu for chip materials plant
DAEGU – The IMC Group, owned by Warrant Buffett’s Berkshire Hathaway Inc., will invest 130 billion won ($98 million) to build a semicond...
Feb 07, 2024 (Gmt+09:00)
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Leadership & Management
Jay Y. Lee heads to Middle East, Malaysia for next Samsung takeoff
Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to the Middle East in his first overseas trip since a South Korean court...
Feb 06, 2024 (Gmt+09:00)
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Batteries
GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs
General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...
Feb 06, 2024 (Gmt+09:00)
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Cloud computing
Naver Cloud, NHN Cloud to co-work for hyperscale AI
South Korea's Naver Cloud, the cloud computing unit of Naver Corp., and NHN Cloud Corp., announced on Monday that they have signed a memorandum of u...
Feb 05, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor mulls India unit IPO to raise $3 bn
Hyundai Motor India is in the early stages of talks to go public later this year to raise at least $3 billion, Reuters reported on Monday, as Hyunda...
Feb 05, 2024 (Gmt+09:00)
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Automobiles
Lexus tops imported car brands in Korea driver survey
Lexus ranked tops in a customer satisfaction survey of imported-car drivers in South Korea, which also found positive responses to the online purcha...
Feb 04, 2024 (Gmt+09:00)
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Energy
HD KSOE seeks to build nuclear power plant ships
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is hastening to advance into the nuclear power plant ship market in collaboration wit...
Feb 04, 2024 (Gmt+09:00)
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Korean games
Nexon's DnF Mobile obtains Chinese game service license
South Korean online game developer Nexon Korea Corp.'s "Dungeon & Fighter Mobile" has obtained a banhao (game service license) from the Chinese ...
Feb 02, 2024 (Gmt+09:00)
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Cloud computing
Naver Cloud launches real-time streaming feature
South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Friday that it has launched a "real-time streaming" feature for "CLO...
Feb 02, 2024 (Gmt+09:00)
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Artificial intelligence
Naver expands Papago with Arabic translation, boosting global reach
South Korea's leading online portal Naver Corp. announced on Friday the addition of Arabic translation capabilities to its AI-driven translation ser...
Feb 02, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix to build US chip packaging plant in Indiana: FT
SK Hynix Inc., the world’s second-largest memory chip producer, is reported to have picked Indiana as the site for its advanced chip packaging...
Feb 01, 2024 (Gmt+09:00)
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Bio & Pharma
Kakao launches AI-based blood sugar management solution
South Korea’s Kakao Healthcare Corp. has introduced an artificial intelligence-based blood sugar management solution targeting the global digi...
Feb 01, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet