Samsung Eng. wins $19.5 mn Saudi petrochemical plant design contract

Samsung Eng. wins $19.5 mn Saudi petrochemical plant design contract

South Korea's Samsung Engineering has secured a front end engineering design (FEED) project for a PDH·PP·UTOS Plant in Saudi Arabia, m...

LG Uplus invests $7.4 mn in S.Korean edu-tech startup

LG Uplus invests $7.4 mn in S.Korean edu-tech startup

South Korea’s No. 3 wireless carrier LG Uplus Corp. on Tuesday said it will make an equity investment of some 10 billion won ($7.4 million) in...

SK Ecoplant, Ascend Elements in $66 mn US battery recycling JV deal

SK Ecoplant, Ascend Elements in $66 mn US battery recycling JV deal

SK Ecoplant Co., a South Korean construction engineering and waste management firm, and its two overseas affiliates are launching a $65.8 million ba...

SK E&S, Honeywell UOP to capture carbon from LNG plants

SK E&S, Honeywell UOP to capture carbon from LNG plants

SK E&S Co., a clean energy unit of South Korea’s No. 2 conglomerate SK Group, and Honeywell UOP, a US major refining and petrochemical tec...

LG H&H acquires S.Korean makeup brand Hince

LG H&H acquires S.Korean makeup brand Hince

South Korea's LG H&H Co. announced on Tuesday that it has signed an agreement to acquire a 75% stake in Vivawave, which owns the domestic premiu...

Celltrion gets sales approval for Yuflyma in Japan

Celltrion gets sales approval for Yuflyma in Japan

South Korea's biopharmaceutical company Celltrion Inc. announced on Tuesday that it has secured approval from the Japanese Ministry of Health, Labou...

LG Elec takes on Lenovo, Asus in foldable laptop race

LG Elec takes on Lenovo, Asus in foldable laptop race

LG Electronics Inc. will join the race to lead the emerging foldable laptop market, currently led by foreign notebook majors Lenovo Ltd. and ASUSTeK...

Daedong targets hobby farmers to double US market share

Daedong targets hobby farmers to double US market share

South Korea’s No. 1 agricultural machinery maker Daedong Corp., better known by the brand name Kioti in the US, is targeting the growing hobby...

SKC plans world’s largest biodegradable plastic plant in Vietnam

SKC plans world’s largest biodegradable plastic plant in Vietnam

South Korea’s SKC Ltd., secured an investment registration certificate (IRC) to establish the world’s largest biodegradable plastics m...

LG Uplus, Hanwha unveil ceiling-mounted EV charging system

LG Uplus, Hanwha unveil ceiling-mounted EV charging system

South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the development of their ...

SK Telecom to commercialize UAM with American partner

SK Telecom to commercialize UAM with American partner

South Korea's SK Telecom Co. will launch domestic commercial operations in urban air mobility (UAM) with Joby Aviation, a Santa Cruz, California-b...

US OKs Chinese-made solar modules using materials of S.Korea's OCI

US OKs Chinese-made solar modules using materials of S.Korea's OCI

The US has approved the import of Chinese-made solar panels using polysilicon from South Korea's green and energy company OCI Holdings Co.Pundits sa...

LG Display steps up efforts in foldable laptop screen market foray

LG Display steps up efforts in foldable laptop screen market foray

South Korea’s LG Display Co. is accelerating its foray into the market of foldable organic light-emitting diode (OLED) displays for laptops wi...

LG Chem, Huayou to build LFP cathode plant in Morocco

LG Chem, Huayou to build LFP cathode plant in Morocco

South Korea’s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with ...

LG Energy may partner with JSW to make EV batteries in India

LG Energy may partner with JSW to make EV batteries in India

South Korea’s LG Energy Solution Ltd., one of the world’s largest battery makers, is in talks with Indian steel-to-energy conglomerate J...

Unid expands potassium hydroxide plant in Ulsan

Unid expands potassium hydroxide plant in Ulsan

OCI Group-affiliated chemical company Unid announced on Thursday that it has completed the expansion of its Ulsan plant after investing 11 billion w...

SK Chemicals to sell pharmaceutical unit to Glenwood PE

SK Chemicals to sell pharmaceutical unit to Glenwood PE

SK Chemicals Co., a South Korean plastic materials producer, is in exclusive talks with Seoul-based Glenwood Private Equity to sell its pharmaceutic...

B2B, home appliance giant LG's new money spinner

B2B, home appliance giant LG's new money spinner

A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their purse strings on growin...

Samsung SDI gets top int'l grade for zero-waste landfills

Samsung SDI gets top int'l grade for zero-waste landfills

South Korea’s Samsung SDI Co. on Wednesday said all of its domestic business sites received the highest grade of Platinum in the Zero Waste to...

LG CNS, IGIS to collaborate in new biz for digital transformation

LG CNS, IGIS to collaborate in new biz for digital transformation

South Korea's information and communications technology service provider LG CNS on Wednesday said it will cooperate with the Seoul-based IGIS Asset ...

Samsung tops US customer satisfaction in PC sector

Samsung tops US customer satisfaction in PC sector

Samsung Electronics Co. has been rated as the most satisfactory PC brand among US consumers, according to a survey by the American Customer Satisfac...

Live commerce app Grip aims to expand into Japan, US in 2024

Live commerce app Grip aims to expand into Japan, US in 2024

Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the...

LG Electronics boosts 'Life's Good' campaign in Tennessee

LG Electronics boosts 'Life's Good' campaign in Tennessee

South Korea's electronics giant LG Electronics Inc. has commenced various community support initiatives in Tennessee, one of its key production hubs...

SK becomes top shareholder of US contract drug maker CBM

SK becomes top shareholder of US contract drug maker CBM

SK Pharmteco Co., a South Korean contract development and manufacturing organization (CDMO), said on Wednesday it has secured management rights of t...

US court rules in favor of Korea's nuclear reactor exports

US court rules in favor of Korea's nuclear reactor exports

A US district court on Monday dismissed Westinghouse Electric Corp.’s lawsuit against South Korean state-run companies to block their nuclear ...

LG Energy raises $1 bn in bonds for EV battery production

LG Energy raises $1 bn in bonds for EV battery production

LG Energy Solution Ltd., the world’s second-largest battery manufacturer, said on Tuesday it has raised $1 billion by selling its first global...

Koreans’ US dollar selling spree continues in anticipation of weaker USD

Koreans’ US dollar selling spree continues in anticipation of weaker USD

US dollar investors in South Korea have not backed down from their shorting position of the currency despite the strengthening dollar against the Ko...

Doosan Enerbility, KWP to advance power generation tech

Doosan Enerbility, KWP to advance power generation tech

South Korea's heavy industrial company Doosan Enerbility Co. and the government-owned Korea Western Power Co. (KWP) will jointly streamline domestic...

Hyundai eyes Saudi EV plant as Korea bets on Middle East boom

Hyundai eyes Saudi EV plant as Korea bets on Middle East boom

Hyundai Motor Co. is set to build an electric vehicle assembly plant in Saudi Arabia as South Korean companies are increasingly tapping growth oppor...

Seoul Semiconductor secures key EV LED patents

Seoul Semiconductor secures key EV LED patents

Seoul Semiconductor Co., the world’s No. 3 light-emitting diode (LED) maker, has secured key patents for LEDs to be used in electric vehicles ...

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