GC Biopharma wins contract to build blood products plant in Indonesia

GC Biopharma Corp., a South Korean pharmaceutical company, announced on Thursday that it has received approval from the Indonesian Ministry of Healt...

LG Energy to expand smart factory systems to N.America JVs

South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...

HD KSOE secures $938 mn contract for 5 LNG-powered container ships

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., said on Thursday that i...

CJ OliveNetworks to build pharmaceutical distribution center

South Korean digital service company CJ OliveNetworks is accelerating its logistics center operations by teaming up with Pusan National University Y...

Hyundai Motor builds hydrogen fuel cell factory in China

Hyundai Motor Group has commenced full-scale production at its hydrogen fuel cell system plant in Guangzhou, marking a key step in its global hydrog...

HD Hyundai Oilbank to build eco-friendly power plants

South Korea's HD Hyundai Oilbank is pursuing the construction of eco-friendly power plants powered by liquefied natural gas and blue hydrogen.The co...

S.Korean overseas card spending near pre-COVID-19 levels

South Korean residents’ overseas card use jumped in the first quarter to nearly recover levesl before the outbreak of COVID-19 on rising inter...

POSCO, LG Electronics to jointly build smart factory

POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory technology. The initi...

Hanwha Systems to provide antijam radio to S.Korean military

South Korea's Hanwha Systems Co. announced on Wednesday that it has been selected as the preferred bidder for the Air-to-Ground Communication Radi...

LG Chem breaks ground on 4th cathode material plant in S.Korea

LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant to produce carbon nan...

POSCO Group, SKC to jointly develop lithium metal cathode material

South Korea’s POSCO Group and SKC will jointly develop a dream lithium metal cathode material for commercialization by 2026 under a strategy t...

POSCO Future M-GM JV to receive investment from Canadian gov’t

POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., revealed on Monday that Ultium CAM, its joint venture with General Motor...

Webcash to accelerate overseas expansion as B2B fintech

South Korea's Webcash Group announced on Tuesday that it will enter the overseas market with its B2B fintech and software-as-a-service (SaaS) soluti...

POSCO Int'l secures graphite supply from Tanzania

South Korea's POSCO International has signed a deal on the supply of natural graphite to strengthen its battery raw materials unit.The company on ...

Korea’s first integrated car plant being transformed into Kia’s EV base

GWANGMYEONG, Gyeonggi Province -- Kia Corp.'s oldest integrated auto plant — which is also South Korea’s first of its kind — was c...

LS Cable wins $142 mn contract to supply submarine cables to Taiwan

South Korea's LS Cable & System has secured a 189.2 billion won ($142 million) contract with Orsted, Denmark-based world’s leading offshor...

Medtronic to buy S.Korean insulin patch maker for $738 mn

Medtronic Plc., a Dublin, Ireland-based medical device maker, is set to acquire EOFlow Co., a South Korean wearable insulin patch maker, for $738 mi...

Renault Korea creates mobility exhibition hall in metaverse

Renault Korea announced on Friday that it plans to establish and run an automobile-related experiential space called Renault Korea Hub in the metave...

Naver Cloud builds S.Korea’s first 5G network at construction site

Naver Cloud for the first time in South Korea has launched a specialized 5G mobile communications network at an apartment construction site.The comp...

LG Energy's Ochang plant, Korea's EV cell mother factory

OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, on Thursday for the ...

Hyundai E&C, Holcim to jointly develop low-carbon construction materials

South Korea's Hyundai Engineering & Construction (E&C) said on Thursday that it has established an agreement with Holcim, a renowned global ...

Samyang secures contract for supplying filler with Chinese company

South Korea's Samyang Holdings announced on Thursday that it has signed a partnership agreement with Hangzhou Yxintent, a Chinese medical device a...

POSCO completes giga steel plant in China

South Korea’s largest steelmaker POSCO announced on Thursday that it has completed a specialized integrated processing facility for giga ste...

GoodGang Labs attracts $2 mn from Kakao Investment

South Korea's GoodGang Labs, a startup focused on developing a 3D avatar-based communication platform, announced on Thursday that it has secured an ...

Samsung Electronics' smart factory project targets SMEs

Sales of Cookia, a small maker of tofu snacks in South Korea based in Yeosu, South Jeolla Province, have jumped eight-fold in six years from 300 mil...

CJ dreams to build new kingdom in US with massive investment

CJ Group, a major South Korean conglomerate with a wide range of businesses spanning everything from food to bio, livestock feed, logistics, enterta...

SKIET secures $300 mn green loan from IFC

SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and battery maker SK Innovat...

S.Korean Hanwha to spend $1 bn on US acquisitions, business

South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to invest $1 billion in acquisitions of companies in the US and businesses ...

SK On wins $909 mn from BlackRock, QIA, MBK consortium

SK On Co., the world’s fifth-largest battery maker, has confirmed it will receive a 1.2 trillion won ($908.7 million) investment for a minorit...

Hanon to build $40 mn heat pump systems plant in US state of Georgia

Hanon Systems Corp., a South Korean thermal management systems provider for automakers, is set to inject $40 million to establish a plant in the US ...