The Play of Genesis Mobile: Asura Project
Scope
Date
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Energy
Taihan Cable develops 154-kV UHV submarine cable
South Korea's Taihan Cable & Solution Co. announced on Thursday that it has completed the development of a 154-kilovolt (kV) ultra-high-voltage ...
Feb 29, 2024 (Gmt+09:00)
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Construction
Hanwha resumes $10 billion Bismayah new city project in Iraq
South Korea’s Hanwha Corp. is resuming a $10 billion project to build a Bismayah new city in Iraq after a 16-month hiatus as stakeholders see ...
Feb 27, 2024 (Gmt+09:00)
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Energy
Hyundai E&C likely to win Bulgaria’s nuclear project
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C) was picked as the preferred bidder for Bulgaria's new nuclear react...
Feb 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai to reignite Brazil’s mobility push with $1.1 billion investment
South Korea’s top automaker Hyundai Motor Co. said on Friday it will invest $1.1 billion in Brazil to reinvigorate the South American country&...
Feb 23, 2024 (Gmt+09:00)
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Energy
Taihan Cable wins order for UHV power grid in Egypt
South Korea's Taihan Cable & Solution Co. announced on Thursday that it has won a project for a 500-kilovolt (kV) UHV power grid project commiss...
Feb 22, 2024 (Gmt+09:00)
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Electronics
Samsung’s mobile AI journey ‘just getting started’: TM Roh
For Samsung Electronics Co., the Galaxy S24 series is not just an upgrade to its previous flagship models. It’s an evolution that opens a new ...
Feb 21, 2024 (Gmt+09:00)
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Artificial intelligence
Kakao Brain releases medical GenAI tech for free
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has uploaded the Labeler ...
Feb 20, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI, Hyundai Rotem start space mobility working group
Korea Aerospace Industries Ltd. (KAI) and Hyundai Rotem Co. announced on Friday that they held a kickoff meeting for a working group on the commerci...
Feb 16, 2024 (Gmt+09:00)
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Automobiles
Genesis G80, GV70 electric models win Canada Car of the Year awards
Hyundai Motor Co. 's premium brand Genesis announced on Friday that its Electrified G80 and Electrified GV70 earned prizes at the 2024 Canadian Ca...
Feb 16, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem, CJ CheilJedang to launch eco-friendly bio-nylon joint venture
South Korea’s top chemicals maker LG Chem Ltd. and food and biotechnology firm CJ CheilJedang Corp. have agreed to launch an eco-friendly bio-...
Feb 15, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to release Genesis hybrid variants in 2025
Hyundai Motor Co. is expected to release hybrid cars under its premium brand Genesis next year to attract drivers hesitant to switch to all-electric...
Feb 13, 2024 (Gmt+09:00)
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Food & Beverage
Starbucks reigns in coffee republic of South Korea; Drink, play and work
In South Korea, coffee is not just something to drink. It’s a culture, in which people drink, play and work.Koreans’ love affair with co...
Feb 12, 2024 (Gmt+09:00)
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Automobiles
Genesis partners with racing legend Jackie Ickx
Hyundai Motor Co. 's premium brand Genesis announced on Thursday that the worldwide racing legend Jacky Ickx will join its official Brand Partner. ...
Feb 08, 2024 (Gmt+09:00)
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Tech, Media & Telecom
One Store attracts $50 mn investment from Digital Turbine
South Korean homegrown app store One Store Co. has attracted a $50 million investment from the Nasdaq-listed US-based mobile platform company Digi...
Feb 07, 2024 (Gmt+09:00)
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Retail
Lotte to sell 7-Eleven’s ATM unit in Korea for around $38 mn
Lotte Group is set to sell the automated teller machine (ATM) business of Korea Seven Co., the operator of convenience store chain 7-Eleven in South...
Feb 07, 2024 (Gmt+09:00)
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Real estate
Seoul aims to turn Yongsan IBD into world’s largest 'vertical' city
The Seoul Metropolitan Government plans to turn an abandoned train maintenance depot in the central district of Yongsan into the world’s large...
Feb 05, 2024 (Gmt+09:00)
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Earnings
SK Telecom gears up for AI leap in 2024
SK Telecom Co., South Korea’s largest mobile carrier, will expedite its transition into an artificial intelligence company this year after its...
Feb 05, 2024 (Gmt+09:00)
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Cloud computing
Naver Cloud, NHN Cloud to co-work for hyperscale AI
South Korea's Naver Cloud, the cloud computing unit of Naver Corp., and NHN Cloud Corp., announced on Monday that they have signed a memorandum of u...
Feb 05, 2024 (Gmt+09:00)
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Korean games
Nexon's DnF Mobile obtains Chinese game service license
South Korean online game developer Nexon Korea Corp.'s "Dungeon & Fighter Mobile" has obtained a banhao (game service license) from the Chinese ...
Feb 02, 2024 (Gmt+09:00)
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Construction
Samsung C&T, Hyundai E&C see higher profits in 2023 on overseas projects
Samsung C&T Corp.'s construction unit and Hyundai Engineering & Construction Co. stood out with increased profits last year on overseas proj...
Feb 02, 2024 (Gmt+09:00)
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Machinery
Doosan Bobcat showcases hydrogen-powered forklift in S.Korea
Doosan Bobcat, the construction and agricultural machine manufacturer of South Korea’s Doosan Group, has commercialized hydrogen-powered forkl...
Jan 31, 2024 (Gmt+09:00)
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Energy
Korea rejects BlackRock’s $7.5 bn wind farm project
South Korea has slammed the brakes on BlackRock’s offshore wind farm project worth around 10 trillion won ($7.5 billion), citing financing unc...
Jan 30, 2024 (Gmt+09:00)
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Korean chipmakers
Rebellions raises $124 mn to co-develop AI chip with Samsung
South Korean fabless artificial intelligence chip startup Rebellions Inc.’s plan to co-develop the next-generation AI chip with the world&rsqu...
Jan 30, 2024 (Gmt+09:00)
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Construction
Bando E&C commences second housing project in US
South Korea's Bando Engineering & Construction Co. announced on Tuesday that it has embarked on its second housing development project, "The Bor...
Jan 30, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply $748 million worth of batteries to Japan’s Isuzu Motors
LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...
Jan 26, 2024 (Gmt+09:00)
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Tech, Media & Telecom
KT to build submarine cable in Asia
South Korea’s KT Corp. announced on Thursday that it plans to build a new submarine cable to cater to the burgeoning demand for cloud services...
Jan 25, 2024 (Gmt+09:00)
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Future mobility
Hyundai Motor units join hands for logistics solutions
Hyundai Motor Group’s autonomous driving technology arm 42dot Inc. has joined hands with its sister companies Hyundai Glovis Co. and Hyundai C...
Jan 24, 2024 (Gmt+09:00)
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Construction & Planning
Daewoo E&C completes India's longest sea bridge
Daewoo Engineering & Construction Co. (Daewoo E&C) announced on January 23, 2024, that it has completed the construction of the Mumbai Trans...
Jan 23, 2024 (Gmt+09:00)
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ESG bonds
Woori Bank issues $700 mn in ESG bonds
South Korea's Woori Bank announced on Thursday that it has issued $700 million (940 billion won) worth of foreign currency ESG (environmental, socia...
Jan 19, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung AI features on 100 mn Galaxy phones by year-end: mobile chief
SAN JOSE, Calif. – Samsung Electronics Co., said on Wednesday it aims to have at least 100 million units of its flagship Galaxy line of smartp...
Jan 18, 2024 (Gmt+09:00)
Latest News
- 1 Google to invest $100 mn in Gentle Monster in XR glasses push
- 2 Growth equity portfolio largely shielded from policy headwinds: Summit
- 3 Naver Financial seeks to acquire Korean real estate data platform Asil
- 4 KakaoBank shares surge on Thai virtual bank approval
- 5 Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma