LG Chem to power China battery plants with 100% renewable energy

LG Chem to power China battery plants with 100% renewable energy

South Korea’s LG Chem Ltd. says it is powering its two battery component plants in China with 100% renewable energy purchased from Chinese p...

Hanwha Solutions acquires French renewable firm RES for $860 million

Hanwha Solutions acquires French renewable firm RES for $860 million

Hanwha Solutions Corp., the energy unit of chemicals-to-financial conglomerate Hanwha Group, is acquiring a 100% stake in RES Mediterranee SAS, a Fr...

Google’s in-app billing system ignites power play among Korean regulators

Google’s in-app billing system ignites power play among Korean regulators

South Korea’s attempt to prohibit global app store operators from forcing certain in-app payment schemes has hit a bumpy road due to power pla...

Hyundai Motor, LG Energy to build $1.1 bn EV battery plant in Indonesia

Hyundai Motor, LG Energy to build $1.1 bn EV battery plant in Indonesia

Hyundai Motor Group and LG Energy Solution Ltd. will invest $1.1 billion in an electric vehicle (EV) battery cell factory in Indonesia to capture As...

CS Wind buys Portugal's offshore wind energy firm

CS Wind buys Portugal's offshore wind energy firm

CS Wind Corp., the global leader in the wind tower market, has agreed to buy a majority stake in Portugal's largest wind tower manufacturer ASM Indu...

Metaverse platform Maxst makes strong debut on Kosdaq

Metaverse platform Maxst makes strong debut on Kosdaq

South Korea-based metaverse platform Maxst Co. made a strong debut on the country’s tech-heavy junior bourse Kosdaq on July 27 with its share ...

LG Display to power all offices with 100% renewable energy

LG Display to power all offices with 100% renewable energy

LG Display Co., a major South Korean display panel maker, said on Monday it is shifting to 100% renewable energy to power all its business offices i...

GS Energy to sell half of thermal power plant unit to IMM

GS Energy to sell half of thermal power plant unit to IMM

GS Energy Corp., an intermediate holding company of South Korea's GS Group, is in the final stages of talks to sell a 50% stake in its wholly-owned ...

Samsung Heavy aims renewable energy markets with offshore wind floater

Samsung Heavy aims renewable energy markets with offshore wind floater

South Korea’s Samsung Heavy Industries Co. unveiled an offshore wind floater to branch out into renewable energy markets at home and abroad. ...

LG Elec to shift to 100% renewable energy by 2050

LG Elec to shift to 100% renewable energy by 2050

LG Electronics Inc. on Sunday unveiled a plan to make a complete transition into renewable energy for its operations both at home and abroad by 2050...

LG Chem to invest $8.7 bn in battery material, renewable, bio sectors

LG Chem to invest $8.7 bn in battery material, renewable, bio sectors

LG Chem Ltd., South Korea’s top chemical maker, said on Wednesday it will invest 10 trillion won ($8.7 billion) in the battery material, renew...

Koh Young’s medical robot KYMERO expands foothold in Korean hospitals

Koh Young’s medical robot KYMERO expands foothold in Korean hospitals

Koh Young Technology Inc., Korea’s leading maker of 3D optical inspection devices used in electronics manufacturing, has further strengthened ...

Samsung, Hanwha Q Cells to offer IoT home energy solutions in US, EU

Samsung, Hanwha Q Cells to offer IoT home energy solutions in US, EU

Samsung Electronics Co. and South Korea’s leading solar panel maker Hanwha Q Cells Co. have joined hands to provide smart home energy solution...

LG CNS to launch Korea’s first drive-through micro-fulfillment center

LG CNS to launch Korea’s first drive-through micro-fulfillment center

Micro-fulfillment is on everyone’s lips these days, or so it seems, as retailers compete to drastically slash delivery times for online orders...

Eyegene to kick off Korea’s first mRNA clinical trial

Eyegene to kick off Korea’s first mRNA clinical trial

Eyegene Inc. will be South Korea’s first vaccine maker to conduct clinical tests of messenger ribonucleic acid (mRNA) COVID-19 vaccines. Ealie...

Goldman mulls redemption option for Coupang loan, but still undecided

Goldman mulls redemption option for Coupang loan, but still undecided

Goldman Sachs has begun researching its right to call in the 300 billion won ($265 million) loan it provided against Coupang Corp.'s two distributio...

Hyosung, Linde kick off building world’s largest liquid hydrogen plant

Hyosung, Linde kick off building world’s largest liquid hydrogen plant

Hyosung Group has once again made a key step forward in achieving its long-term ambition to become South Korea’s corporate leader in the hydro...

LG Energy supplies batteries to world’s largest Vistra ESS project

LG Energy supplies batteries to world’s largest Vistra ESS project

South Korea’s LG Energy Solution Ltd. is supplying batteries to the world’s largest energy storage system (ESS) project operated by US p...

GS Energy to create renewable JV with Spain’s Iberdrola

GS Energy to create renewable JV with Spain’s Iberdrola

South Korea’s leading oil and gas company GS Energy Corp., a wholly-owned subsidiary of GS Holdings, and Spain’s largest utility company...

Delivery service provider Barogo wraps up $72 mn Series C round

Delivery service provider Barogo wraps up $72 mn Series C round

Logistics IT platform service Barogo has successfully wrapped up an 80 billion won ($72 million) Series C round, far above the company's initial tar...

Korean telecom firms expand commercial use of quantum cryptography

Korean telecom firms expand commercial use of quantum cryptography

The imminent advent of quantum computers is posing an online security risk. Quantum computers, unlike the binary computers in common use today, can ...

LG Energy Solution applies for IPO seen to raise over $9 bn

LG Energy Solution applies for IPO seen to raise over $9 bn

LG Energy Solution Ltd. has begun the official process of South Korea’s largest-ever initial public offering that is expected to raise over 10...

LG Energy, POSCO invest $15 mn in Aussie battery material supplier

LG Energy, POSCO invest $15 mn in Aussie battery material supplier

South Korea’s LG Energy Solution Ltd. and POSCO have agreed to invest a combined 17 billion won ($15 million) in Australia's Queensland Pacifi...

Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown

Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown

The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte Group and Shinsegae...

Shinhan REITs poised to buy Amazon logistics center

Shinhan REITs poised to buy Amazon logistics center

South Korea's Shinhan REITs Management Co. is poised to invest $93 million to buy a pre-completed fulfillment center in New Mexico, under a long-ter...

Hana buys Osaka logistics center for about $140 mn

Hana buys Osaka logistics center for about $140 mn

South Korea's Hana Alternative Asset Management Co. has beat 16 Japanese bidders to acquire a logistics center in the port of Osaka, Japan for ¥...

Hanwha, KAIST to co-launch space research center

Hanwha, KAIST to co-launch space research center

Hanwha Group will launch space technology research and commercial projects together with South Korea’s top science and engineering university,...

KOTAM raises $185 mn for BlackRock's new energy fund

KOTAM raises $185 mn for BlackRock's new energy fund

Korea Transportation Asset Management (KOTAM) has raised $185 million from five domestic institutional investors to commit to BlackRock's new renewa...

Posco Chemical to supply EV battery materials to GM-LG Energy JV

Posco Chemical to supply EV battery materials to GM-LG Energy JV

Posco Chemical Co., the secondary battery materials unit of POSCO, will supply anodes, a key material used in electric car batteries, to the joint v...

ITC rules in favor of SK Innovation over LG Energy in US battery patent suit

ITC rules in favor of SK Innovation over LG Energy in US battery patent suit

The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy Solution Ltd., which...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot