LS Cable completes undersea HVDC cable plant

LS Cable completes undersea HVDC cable plant

South Korea’s major cable manufacturer LS Cable & System Ltd. has completed the construction of Asia's largest high-voltage direct curre...

POSCO to spend $900 mn to expand lithium, cathode output in Korea

POSCO to spend $900 mn to expand lithium, cathode output in Korea

South Korea’s steel giant POSCO Group is expected to spend 1.2 trillion won ($900 million) in total to add cathode manufacturing and lithium r...

Renault Korea Motors shuts down Busan plant for 10 days

Renault Korea Motors shuts down Busan plant for 10 days

Renault Korea this month will stop operating its Busan plant for about 10 days in a desperate bid to reduce inventory, which has soared due to plumm...

NuScale in talks to build SMR plant in S.Korea: NuScale CEO

NuScale in talks to build SMR plant in S.Korea: NuScale CEO

NuScale Power Corp., the world’s leading small modular reactor (SMR) developer, may land in South Korea sooner than its rivals with its unriva...

Clean energy remains top pick for Korean infrastructure investors

Clean energy remains top pick for Korean infrastructure investors

South Korean institutional investors are poised to ramp up investments in global infrastructure, hedging against inflationary pressure, a survey found...

Doosan Enerbility secures place on US market for SMR

Doosan Enerbility secures place on US market for SMR

South Korea's heavy industry company Doosan Enerbility Co. on Thursday said it discussed on Tuesday cooperation in areas like hydrogen production us...

Korea’s SK Gas to invest $1.5 bn toward carbon neutrality by 2026

Korea’s SK Gas to invest $1.5 bn toward carbon neutrality by 2026

ULSAN – SK Gas Ltd. South Korea’s leading liquefied petroleum gas (LPG) supplier, is set to spend $1.5 billion on liquefied natural gas ...

S.Korea’s SoluM joins Vietnam's largest EV charging project

S.Korea’s SoluM joins Vietnam's largest EV charging project

SoluM Co., a South Korean mid-sized electronic component maker, said on Wednesday that it signed an agreement with PetroVietnam Power Corporation, a...

SK, KHNP partner with TerraPower for SMR development

SK, KHNP partner with TerraPower for SMR development

SK Inc., SK Innovation Co. are partnering with Korea Hydro & Nuclear Power Co. (KHNP) and TerraPower,  a US small modular reactor (SMR) des...

LGES to build pouch-type long-cell battery mother factory at $449 mn

LGES to build pouch-type long-cell battery mother factory at $449 mn

LG Energy Solution Ltd. will add a new mother factory to its Ochang manufacturing complex, as part of its plan to turn the home manufacturing site i...

Hyundai Wia commercializes autonomous logistics robots

Hyundai Wia commercializes autonomous logistics robots

Hyundai Wia, the second-largest auto parts supplier in South Korea after Hyundai Mobis, announced on Tuesday that it will begin commercializing auto...

KHNP closes in on final deal to build nuclear plant in Poland: PGE CEO

KHNP closes in on final deal to build nuclear plant in Poland: PGE CEO

Korea Hydro and Nuclear Power Co. (KHNP) and its counterparts are now in a situation where most conditions have been met to allow them to sign a bin...

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...

EcoPro sets sights on Europe with $286 million cathode plant in Hungary

EcoPro sets sights on Europe with $286 million cathode plant in Hungary

South Korea’s EcoPro Co., a leading battery materials maker, has begun construction of a 380 billion won ($286 million) cathode plant in Hunga...

Russian fresh pollock imported for first time at Donghae Port

Russian fresh pollock imported for first time at Donghae Port

As Korean cod, which had been considered everyone's fish, has virtually disappeared, Russian fresh  pollock has finally become available to Kor...

Hyundai ties up with LG, SK for $5.3 bn US EV cell plants

Hyundai ties up with LG, SK for $5.3 bn US EV cell plants

Hyundai Motor Group, the leading South Korean automaker, has joined hands with LG Energy Solution Ltd. and its smaller rival SK On Co. to build elec...

Samsung Heavy forms int'l consortium to make nuclear plants at sea

Samsung Heavy forms int'l consortium to make nuclear plants at sea

South Korea's Samsung Heavy Industries (SHI) and Korea Hydro & Nuclear Power (KHNP) and Denmark's Seaborg Technologies on Friday announced their...

Hankook Tire to cut workforce at fire-hit Daejeon plant

Hankook Tire to cut workforce at fire-hit Daejeon plant

Hankook Tire & Technology Co., South Korea’s largest tire maker, will cut its workforce at the fire-hit production complex in Daejeon thro...

POSCO Future M to issue $226 mn Korean green bonds

POSCO Future M to issue $226 mn Korean green bonds

South Korea's battery component maker POSCO Future M Co. (formerly POSCO Chemical) announced on Friday that it will issue 300 billion won ($226 mill...

Samsung’s Lee likely to meet Apple, Google, MS CEOs during US trip

Samsung’s Lee likely to meet Apple, Google, MS CEOs during US trip

 Samsung Group leader Lee Jae-yong will meet with chief executives of leading US companies, including Apple Inc.’s Tim Cook and Google LL...

Hyundai Motor to develop lunar exploration mobility Rover

Hyundai Motor to develop lunar exploration mobility Rover

Hyundai Motor Group is developing the lunar exploration mobility vehicle Rover in expanding its mobility scope to space as well as land, sea and air...

POSCO mulls $3.3 bn investment in industrial cluster by 2033

POSCO mulls $3.3 bn investment in industrial cluster by 2033

South Korean steel giant POSCO Group said on Wednesday it will consider investing 4.4 trillion won ($3.3 billion) in the state-run industrial comple...

S.Korea’s five major companies form data network alliance

S.Korea’s five major companies form data network alliance

South Korea's five major companies have joined forces to make a combined data product that consolidates their respective information, ranging from c...

LG Chairman to refine strategy for EV battery production

LG Chairman to refine strategy for EV battery production

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, visited a cathode plant on Monday to review supply chains for the batt...

Hyundai Motor seeks remedies after GV70 exclusion from US subsidies

Hyundai Motor seeks remedies after GV70 exclusion from US subsidies

Hyundai Motor Co. is seeking various ways to make its electric vehicles sold in the US qualify for tax credits after its Electrified GV70 was denied...

Lotte Biologics to invest additional $48 mn in US plant

Lotte Biologics to invest additional $48 mn in US plant

South Korea’s Lotte Biologics Co. held a plaque ceremony on Monday to commemorate the acquisition of a pharmaceutical production plant from Br...

S.Korean fashion company LF relaunches 1990s-popular line Tipicosi

S.Korean fashion company LF relaunches 1990s-popular line Tipicosi

Tipicosi, a South Korean fashion brand popular in the 1990s, has seen a resurrection thanks to the domestic craze for "newtro," a trend combining th...

Hyundai Motor, Kia aim to expand in China through Shanghai Auto Show

Hyundai Motor, Kia aim to expand in China through Shanghai Auto Show

Hyundai Motor Co. and Kia Corp., both struggling in China, are aiming for a turnaround there by introducing over 30 new vehicles including those tai...

SK Siltron gets 20% of electricity from renewable energy

SK Siltron gets 20% of electricity from renewable energy

South Korea’s SK Siltron on Sunday said it procured 19.5% of the electricity it used last year from renewable energy. “In 2020, we were...

LG Chem, China’s Huayou Cobalt to build $923 million precursor plant

LG Chem, China’s Huayou Cobalt to build $923 million precursor plant

South Korea’s top chemicals company LG Chem Ltd. and its Chinese partner Zhejiang Huayou Cobalt Co. will launch a 1.2 trillion won ($923 milli...

South Korea’s ex-President Yoon re-arrested over martial law decree Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares