GM says it will recover $1.9 billion of Bolt-recall costs from LG

General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...

North Korea puts on show of missile might as Kim Jong-un snubs US

North Korea put on one of its largest displays of missiles at an event at which dictator Kim Jong Un said Pyongyang couldn’t trust r...

Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?

Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...

LG Chem to build technical support centers in EU, US

LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...

SKIET to start commercial operation of its first separator plant in Europe

South Korea’s SK IE Technology Co. (SKIET), SK Innovation Co. 's battery material business subsidiary, plans to start commercial operation of ...

Hyundai Mobis breaks ground on $1.1 bn hydrogen fuel cell plants

Hyundai Mobis Co., the auto parts unit of Hyundai Motor Group, on Thursday broke ground on a hydrogen fuel cell plant, part of its 1.32 trillion won...

Korea to require power plants to use more renewable energy resources

South Korea plans to require domestic power companies to consume more renewable energy resources for electricity production. The move is a part of t...

S.Korea shows rare unease against US request for Samsung data

The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...

SK may develop LFP batteries for low-priced EVs

SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...

Kospi lowest in nearly 7 months; outlook dim on inflation, US debt standoff

South Korea's main stock index has fallen below the psychologically important 3,000 points for the first time in nearly seven months, with investors...

Hyundai Glovis launches ECOH brand for hydrogen, battery businesses

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...

SK, POSCO in heated race for next-generation silicon battery materials

South Korea’s two big conglomerates, SK and POSCO, are setting their sights on silicon anode, a next-generation material for lithium-ion batte...

Morgan Stanley remains top advisor for S.Korea Q3 M&As

Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...

SK Innovation officially launches battery, E&P split-offs

South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...

SK becomes first Korean oil producer from plastic waste

SK Group has become South Korea's first company to extract oil from plastic waste and use the eco-friendly oil as a feedstock of oil refining and pe...

POSCO breaks ground on $101 million battery recycling plant

South Korea’s top steelmaker POSCO on Thursday broke ground on its 120 billion won ($101 million) plant to extract nickel, lithium and cobalt,...

SKC drops plan for silicon anode JV on investment overlap woes

South Korea’s SKC Co. withdrew a plan to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode mater...

China power crisis, US tightening chill sentiment on Korea IT sector

Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...

SKC to form JV with British Nexeon for silicon anode business

South Korea’s SKC Co. plans to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode materials market....

POSCO hires ex-US envoy on N.Korea Stephen Biegun as adviser

South Korean steel giant POSCO has hired Stephen Biegun, former US deputy secretary of state, as its adviser for its American business.POSCO America...

DL Chem seals $2.5 bn purchase of US chemical maker Kraton

DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion...

SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV

SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...

Korea Zinc expands from smelter to hydrogen, battery materials maker

Korea Zinc Co., the world’s largest lead and zinc smelter, plans to add a couple of new sectors to the list of its new growth drivers: green h...

Batteries, chips strengthen US-Korea economic ties

Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...

S.Korean battery materials makers see stock prices surge

Shares of South Korean eco-friendly battery materials manufacturers have been soaring in September, with high expectations on big revenue jumps th...

US pressures Samsung, chipmakers to disclose key internal data

The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...

LG Energy develops safer, long-lasting solid-state battery technology

South Korea’s LG Energy Solution Ltd. said on Friday the company and the University of California San Diego have jointly developed a next-gene...

SKC to raise corporate value to $25 bn with battery materials

South Korea’s SKC Co. plans to expand its electric vehicle battery materials business in a move to fivefold its corporate value to 30 trillion...

LG Chem shares rise as GM resumes battery module replacement

Shares of LG Chem Ltd. are staging a rebound a month after falling sharply due to a decision by General Motors Co. to recall 73,000 Chevrolet Bolt e...