US EV battery plant
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Business & Politics
GS25 becomes No. 1 convenience store chain in southern Vietnam
South Korean convenience store chain GS25 announced on Thursday that it has become the top operator in southern Vietnam, surpassing rivals US' Circl...
Aug 03, 2023 (Gmt+09:00)
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K-pop
K-pop girl group NewJeans tops US Billboard 200
South Korean K-pop girl group NewJeans topped the US Billboard 200 chart with their second mini-album "Get Up," since its debut a year ago. Acc...
Aug 03, 2023 (Gmt+09:00)
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Electric vehicles
Global EV, battery sectors in war for talent acquisition
Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...
Aug 02, 2023 (Gmt+09:00)
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Food & Beverage
Baskin-Robbins stands out in melting Korean ice cream market
Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localization despite the cou...
Aug 02, 2023 (Gmt+09:00)
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Automobiles
Kia America’s new normal: Record car sales month after month
Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...
Aug 02, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis mass produces glove compartment for EVs
South Korea's Hyundai Mobis has developed an innovative glove compartment optimized for electric vehicles (EV) for use in the large sport utility EV...
Aug 02, 2023 (Gmt+09:00)
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Bio & Pharma
LabGenomics plans to buy 4 to 5 more CLIA labs in US by 2027
LabGenomics Co. will advance into the US diagnostics market with laboratories regulated by the country’s Clinical Laboratory Improvement Amend...
Aug 02, 2023 (Gmt+09:00)
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K-pop
K-pop group aespa to premiere ‘Better Things’ single in LA
K-pop girl group aespa will hold a concert "aespa LIVE TOUR 2023 - SYNK: HYPER LINE" at the Crypto.com Arena in Los Angeles, US, on August 13, their...
Aug 02, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis seeks to buy Biogen biosimilar unit
Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea’s Samsung Group, seeks to buy a biosimilar business d...
Aug 02, 2023 (Gmt+09:00)
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Economy
Korea exports down the most in 3 years; BOK may keep rates
South Korea’s exports declined at their steepest pace in more than three years last month, data showed on Tuesday, adding to expectations that...
Aug 01, 2023 (Gmt+09:00)
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K-pop
K-pop powerhouse SM to launch US office with Kakao
K-pop powerhouse SM Entertainment Co. and Kakao Entertainment will jointly launch an office in the US later this year to boost their global business...
Aug 01, 2023 (Gmt+09:00)
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Batteries
China sets up battery JVs with S.Korea to bypass IRA
Chinese battery materials suppliers are rushing to expand their production bases in South Korea, mainly in partnership with domestic companies.Such ...
Aug 01, 2023 (Gmt+09:00)
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Electronics
LG’s front-load washer selected as best by Consumer Reports
LG Electronics Inc.'s front-load washers have seized the top four spots in the US consumer review conducted by Consumer Reports, earning the title o...
Aug 01, 2023 (Gmt+09:00)
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Bio & Pharma
Gencurix joins US gov't Cancer Moonshot project
South Korean cancer molecular diagnostics company Gencurix Inc. announced on Monday that it joins US President Joe Biden's cancer-conquering project...
Jul 31, 2023 (Gmt+09:00)
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Batteries
SKC, Toyota Tsusho tie up for N.America battery materials
SKC Ltd., a South Korean chemicals maker, has joined hands with the trading unit of Japanese top automaker Toyota Group for the electric vehicle bat...
Jul 31, 2023 (Gmt+09:00)
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Batteries
Battery recycling firms aim for 90% lithium recovery rates
A growing number of South Korean companies – from battery materials makers to power facilities builders – are jumping into the waste bat...
Jul 31, 2023 (Gmt+09:00)
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Automobiles
KG Mobility to launch electric SUV Torres EVX in September
South Korea's KG Mobility Corp., formerly Ssangyong Motor, announced on Monday that it has confirmed the release of the electrified version of its s...
Jul 31, 2023 (Gmt+09:00)
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Batteries
Doosan secures $392 mn in cumulative PFC orders
South Korea's Doosan Corp. announced on Monday that it has accumulated 500 billion won ($392 million) in orders for its patterned flat cable (PFC), ...
Jul 31, 2023 (Gmt+09:00)
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Bio & Pharma
Bertis Pan-omics Analysis Solution, Systems (PASS) launched in US
Bertis, a company specializing in the development of proteomics-based precision medicine technology , announced on Monday the launch of PASS (Pan-om...
Jul 31, 2023 (Gmt+09:00)
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Batteries
Doosan to enter EV sector with battery recycling business
South Korea’s major power plant builder Doosan Enerbility Co. plans to set up a battery recycling subsidiary, targeting the sector expecting r...
Jul 28, 2023 (Gmt+09:00)
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Earnings
LG Energy lifts sales guidance; Samsung SDI sees firm growth
South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...
Jul 27, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor eyes EV charger alliance in US to take on Tesla
South Korea’s Hyundai Motor Co. and Kia Corp. are planning to join BMW, General Motors, Honda Motor, Mercedes-Benz and Stellantis to collectiv...
Jul 27, 2023 (Gmt+09:00)
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Earnings
Kia revises up 2023 OP target after record Q2 earnings, to expedite EV push
Kia Corp. has revised upwards its operating profit target for this year to up to 12 trillion won ($9.4 billion) after reporting its best-ever quarte...
Jul 27, 2023 (Gmt+09:00)
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Energy
Daewoo E&C, SK Ecoplant to cooperate in nuclear power
South Korea’s Daewoo Engineering & Construction Co. (Daewoo E&C) and SK Ecoplant Co. will jointly take on the domestic and overseas ma...
Jul 27, 2023 (Gmt+09:00)
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Batteries
OCI makes foray into battery materials market
South Korea's chemical and green energy company OCI has entered the battery materials market by landing a supply contract for key raw materials for ...
Jul 27, 2023 (Gmt+09:00)
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Energy
KEPCO KPS signs O&M extension agreement for Uruguay power plant
South Korea’s KEPCO KPS signed an extension agreement with the Uruguayan Electricity Authority (UTE) on Wednesday for the operation and mainte...
Jul 26, 2023 (Gmt+09:00)
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Bio & Pharma
Raphas microneedle passes US FDA's cGMP inspection
South Korea's microneedle maker Raphas Co. announced on Wednesday that it has passed the Current Good Manufacturing Practice (cGMP) inspection by ...
Jul 26, 2023 (Gmt+09:00)
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Batteries
S.Korea’s SK On launches domestic battery safety evaluation center
South Korean battery maker SK On has unveiled its state-of-the-art "SK On Battery Safety Evaluation Center" in Seosan, South Chungcheong Province. T...
Jul 26, 2023 (Gmt+09:00)
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Electronics
Samsung’s new gaming monitor gets rave reviews overseas
Samsung Electronics Co.'s new premium gaming monitor "Odyssey OLED G9" has recently received consecutive praise from major global tech media outlets...
Jul 25, 2023 (Gmt+09:00)
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Corporate investment
S.Korea relies heavily on Samsung Elec for R&D spending: FKI
South Korea’s corporate expenditures on research and development grew 1.7 times from 2013 to 2021, much slower than such spending by the US an...
Jul 25, 2023 (Gmt+09:00)
Latest News
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- 3 President Lee: Businesses at center of policy priorities for economic growth
- 4 Samsung supplies HBM3E to AMD’s new accelerators
- 5 Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds