LG OLED evo selected as best product in Japan

LG OLED evo selected as best product in Japan

LG Electronics Inc.'s OLED evo was selected as the best product by Japan's most well-known audio and video publications.The South Korean company sai...

Hanwha to build largest US solar energy hub for $2.5 bn

Hanwha to build largest US solar energy hub for $2.5 bn

South Korea’s Hanwha Solutions Corp. said on Wednesday that it will invest 3.2 trillion won ($2.5 billion) to build the largest solar energy p...

Dong Yang Steel Pipe signs contract with Japanese EPC company

Dong Yang Steel Pipe signs contract with Japanese EPC company

DongYangSteelPipe, a steel pipe unit of KBI Group, said on Tuesday that it had signed on the previous day an agreement with a Japanese EPC (engineer...

Hyundai Eng. acquires certifications for nuclear power plant construction

Hyundai Eng. acquires certifications for nuclear power plant construction

Hyundai Engineering Co. said on Tuesday it has obtained both domestic and foreign quality certifications to start the nuclear power plant EPC (desig...

Japanese carmaker adopts metal-replacing plastic from LG Chem

Japanese carmaker adopts metal-replacing plastic from LG Chem

A new engineering plastic made of the compound material LUCON TX5007 and developed by South Korea's LG Chem Ltd. has been applied to the front fende...

Ford in talks with LG Energy for Turkey EV battery plant

Ford in talks with LG Energy for Turkey EV battery plant

Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...

LG Energy posts largest-ever profit led by US JV with GM

LG Energy posts largest-ever profit led by US JV with GM

South Korean battery maker LG Energy Solution Ltd. posted its largest-ever profit in 2022, driven by strong sales after its US joint venture with Ge...

SK Geo Centric signs MOU with Plastic Energy for plastic recycling plant

SK Geo Centric signs MOU with Plastic Energy for plastic recycling plant

SK Geo Centric, a subsidiary of South Korea's top refiner SK Innovation Co., will join hands with a global company to build a super-large waste plas...

Samsung Engineering wins $1.3 bn order to build ethylene plant in Qatar

Samsung Engineering wins $1.3 bn order to build ethylene plant in Qatar

South Korea's Samsung Engineering Co. said on Jan. 9 it has signed a 1.6 trillion won ($1.3 billion) contract to build the world's largest ethylene ...

Seoul in talks to share nuclear plant export profits with Westinghouse

Seoul in talks to share nuclear plant export profits with Westinghouse

Korea Hydro & Nuclear Power Co. and its parent company Korea Electric Power Corp. are in discussion with Westinghouse Electric Corp. to share pr...

LG Elec sweeps 1st place in Best Washers chosen by US consumers

LG Elec sweeps 1st place in Best Washers chosen by US consumers

LG Electronics Inc. swept this year's top spot in all major categories of best washing machines evaluated by Consumer Reports, a leading US consum...

SK Ecoplant to jointly develop renewable energy sources with CSCEC

SK Ecoplant to jointly develop renewable energy sources with CSCEC

South Korea's construction engineering company SK Ecoplant Co., Ltd. is going to jointly develop overseas renewable energy sources with China State ...

LG unveils self-driving auto parts, brighter OLED panels

LG unveils self-driving auto parts, brighter OLED panels

LG Group’s two units have showcased new automotive and display products, which would expand their presence in the autonomous driving and premi...

Pan Ocean to transport energy products for Portugal's Galp

Pan Ocean to transport energy products for Portugal's Galp

Pan Ocean Co., the top bulk shipping company in South Korea, has received its first large-scale liquefied natural gas (LNG) carrier to provide shipp...

LG Elec to increase partnerships for business expansion

LG Elec to increase partnerships for business expansion

LAS VEGAS -- LG Electronics Inc., the world’s top home appliance maker, is seeking more partnerships with global leading companies and increas...

HD Hyundai to boost offshore wind power, future ships, CEO says

HD Hyundai to boost offshore wind power, future ships, CEO says

LAS VEGAS – HD Hyundai Co., the largest shipbuilding conglomerate in South Korea, is set to diversify its future growth engines, focusing on s...

Hyundai, Kia beat Honda to rank 5th in US market

Hyundai, Kia beat Honda to rank 5th in US market

Hyundai Motor Co. and Kia Corp. kept their fifth place in sales in the US market for the second consecutive year. Despite production setbacks due to...

LG Uplus announces official start of original content production

LG Uplus announces official start of original content production

LG Uplus Corp. announced on Thursday that it would officially kickstart producing original content, following its pilot program about desserts relea...

Samsung Heavy certified for CMSR power barge design

Samsung Heavy certified for CMSR power barge design

South Korea's main shipbuilder Samsung Heavy Industries said on Wednesday that it has completed the conceptual design for the compact molten salt re...

LG Elec, Magna expand partnership into self-driving tech

LG Elec, Magna expand partnership into self-driving tech

LAS VEGAS – LG Electronics Inc., the world’s top home appliance producer, expanded its partnership with Canadian car parts maker Magna I...

S.Korea's Daehan Green Power invests in energy superstation biz

S.Korea's Daehan Green Power invests in energy superstation biz

South Korea's Daehan Green Power has entered the green hydrogen sector, a new growth engine, through an energy super station project.The company on ...

Applied Materials injects $40 mn in glass substrate maker Absolics

Applied Materials injects $40 mn in glass substrate maker Absolics

Applied Materials Inc., a global leading equipment and software supplier to semiconductor makers, has invested 51 billion won ($40.2 million) in Abs...

LG Uplus succeeds in linking open RAN standard equipment

LG Uplus succeeds in linking open RAN standard equipment

LG Uplus Corp. said on Tuesday that it has succeeded in linking open distributed unit (O-DU) and open RAN (radio access network) radio unit (O-RU) b...

POSCO Int’l completes merger with energy affiliate

POSCO Int’l completes merger with energy affiliate

South Korea’s POSCO International Co. completed a merger with its affiliate POSCO Energy Co. on Jan. 1, which the trading company said would f...

Korean firms head to CES 2023 to showcase innovative technologies

Korean firms head to CES 2023 to showcase innovative technologies

LAS VEGAS, NV – A growing number of South Korea’s leading companies and startups are heading to CES 2023, the world’s largest tech...

LG to unveil sleep care solution Breeze at CES 2023

LG to unveil sleep care solution Breeze at CES 2023

LG Electronics Inc. said on Monday that it will unveil a smart sleep care solution “Breeze” at CES 2023 on Jan. 5.Breeze is a wireless e...

LG Electronics speeds up development of intelligent AI solutions

LG Electronics speeds up development of intelligent AI solutions

LG Electronics Inc. on Sunday said it will build an ambient computing platform as selected by LG AI Research, a company think tank specializing in a...

Hyundai to consider EV assembly plant in Saudi Arabia

Hyundai to consider EV assembly plant in Saudi Arabia

Hyundai Motor Group, South Korea’s top automaker, plans to consider building an assembly plant for electric vehicles and internal combustion e...

LG Uplus to develop metaverse service for children with Witch Company

LG Uplus to develop metaverse service for children with Witch Company

South Korea's third-largest mobile carrier LG Uplus Corp. said on Friday that it will develop a web3 service for children to provide an immersive ex...

LG Display to showcase high-performance OLED panels for gaming at CES

LG Display to showcase high-performance OLED panels for gaming at CES

LG Display Co. said on Thursday that it would unveil new 45-inch ultra-wide OLED panels and 27-inch OLED panels optimized for gaming at CES 2023, th...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race