US Global Recycle Standard
Scope
Date
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Food & Beverage
S.Korean foodservice companies’ entering to US expanded in 2022
South Korean foodservice companies expanded their presence in the US and Japan, while facing declining prospects in China due to COVID-19 restrictio...
Apr 25, 2023 (Gmt+09:00)
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Batteries
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...
Apr 25, 2023 (Gmt+09:00)
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Earnings
Hyundai Motor to pay quarterly dividends with record Q1 profit
Hyundai Motor Co. on Tuesday reported its largest-ever quarterly profit, which soared a whopping 86.3% from a year earlier, while unveiling a plan t...
Apr 25, 2023 (Gmt+09:00)
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Robotics
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...
Apr 25, 2023 (Gmt+09:00)
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Artificial intelligence
Upstage beats Amazon, Nvidia to rank first in global AI competition
South Korea’s artificial intelligence startup Upstage on Monday said it ranked first in four categories at the International Association for P...
Apr 25, 2023 (Gmt+09:00)
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Business & Politics
S.Korea wary of tougher US anti-China moves for chipmakers
South Korean President Yoon Suk Yeol on Monday kicked off a six-day state visit to the US with a tough assignment: finding diplomatic solutions for ...
Apr 24, 2023 (Gmt+09:00)
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Electronics
LG Innotek wins top US invention award
South Korea’s LG Innotek announced on Monday that its ultra-thin magnetic components, Nexlim, has won a bronze award in the "Commercial Techno...
Apr 24, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung Display to use waste glass in cement to erect new HQ
South Korea's Samsung Display will use recycled cement using waste glass from the display production process to build a new headquarters.The company...
Apr 24, 2023 (Gmt+09:00)
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Electronics
Samsung faces $303 mn jury verdict in memory patent lawsuit in US
Samsung Electronics Co. lost a semiconductor patent infringement lawsuit filed in the US. The South Korean company received a jury verdict to pay ab...
Apr 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec gets open-source software security certification
South Korean electronics giant LG Electronics Inc. announced on Friday that it has been recognized as a company that complies with the "Internationa...
Apr 21, 2023 (Gmt+09:00)
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Electric vehicles
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...
Apr 21, 2023 (Gmt+09:00)
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Business & Politics
Samsung, LG show Korean War hero tribute videos on Times Square
A tribute video to honor Korean and U.S. veterans of the Korean War started screening on billboards in New York’s Times Square on Thursday. Th...
Apr 21, 2023 (Gmt+09:00)
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Automobiles
Another war in Russia: Hyundai, Kia versus Chinese carmakers
In Russia, which is in a state of war against Ukraine, there’s another war going on. This time, the war is between South Korea’s two lar...
Apr 21, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai Engineering, SK Ecoplant to produce carbon-neutral hydrogen
South Korea's Hyundai Engineering Co. and SK Ecoplant Co. are teaming up with Ultra Safe Nuclear Corporation (USNC), a US micro modular reactor (MMR...
Apr 20, 2023 (Gmt+09:00)
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Business & Politics
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...
Apr 20, 2023 (Gmt+09:00)
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Food & Beverage
Kolmar BNH gets approval for health functional food ingredient in US
Kolmar BNH Co. has received approval from the US Food and Drug Administration (FDA) for a domestically developed health functional food ingredient.K...
Apr 20, 2023 (Gmt+09:00)
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Batteries
Korean battery players LG, Samsung, SK sweep US EV tax credits
It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...
Apr 19, 2023 (Gmt+09:00)
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Korean stock market
China, India: Korean investors’ next stock investment targets
The US stock market has long been the prime investment destination for South Korean investors, lured by the dynamics of the global top economy.With ...
Apr 19, 2023 (Gmt+09:00)
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Batteries
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...
Apr 18, 2023 (Gmt+09:00)
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Healthcare
Samsung unveils HealthStack at US healthcare tech exhibition
Samsung Electronics Co. announced on Tuesday that it will showcase Samsung HealthStack ver. 1.0 at the "2023 HIMSS Global Health Conference & Ex...
Apr 18, 2023 (Gmt+09:00)
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Electric vehicles
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...
Apr 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom enters next-generation broadcasting platform market in US
South Korea's SK Telecom Co. said on Tuesday that it will sell a next-generation broadcast platform, utilizing mobile edge computing (MEC) technolog...
Apr 18, 2023 (Gmt+09:00)
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Bio & Pharma
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...
Apr 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops world’s first rollable vehicle display
Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...
Apr 17, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's Celltrion Healthcare launches Vegzelma in US
South Korea's Celltrion Healthcare Co. on Monday said it launched on the US market Vegzelma, a biosimilar of Bevacizumab, a medication for colorecta...
Apr 17, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia surpass 100,000 global EV sales in Q1
Hyundai Motor Group's electric vehicle (EV) sales have exceeded 100,000 units in the first quarter of this year, driven by the strong sales of its f...
Apr 17, 2023 (Gmt+09:00)
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Leadership & Management
SK Group chairman’s eldest son to play key role at US unit PassKey
Chey In-geun, the eldest son of SK Group Chairman Chey Tae-won, has moved to the South Korean conglomerate’s major US business operations amid...
Apr 16, 2023 (Gmt+09:00)
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Content platforms
Korea’s homegrown OTT Watcha at crossroads amid dearth of cash
South Korea’s homegrown over-the-top (OTT) platform Watcha Inc. is struggling to raise funds as it faces an uphill battle to win over customer...
Apr 16, 2023 (Gmt+09:00)
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Batteries
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...
Apr 14, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea, Boeing tie up for develop future advanced weapons
The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct research and development on...
Apr 13, 2023 (Gmt+09:00)
Latest News
- 1 Naver Financial seeks to acquire Korean real estate data platform Asil
- 2 KakaoBank shares surge on Thai virtual bank approval
- 3 Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma
- 4 SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals
- 5 South Korea unveils $14.6 billion 2nd extra budget to reinvigorate economy