US old power grid
Scope
Date
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Retail
KGC unifies BI of red ginseng brand as JUNG KWAN JANG
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., will unify its red ginseng brand identity (BI) as JUNG KWAN JA...
Jul 03, 2023 (Gmt+09:00)
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Batteries
Korea-China battery minerals tie-up mutually beneficial: CNGR chief
China and South Korea stand to mutually benefit by strengthening their partnership in the battery materials business amid tougher US regulations on ...
Jul 03, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia set fresh H1 sales record in US, beating H1 2021
South Korea’s largest automaker Hyundai Motor Co. and its sister company Kia Corp. posted record first-half-year sales in the US this year, am...
Jul 03, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells captures 35% of US solar module market
Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, retained its leading position in the US resid...
Jul 03, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor’s IONIQ 6 shows off 3rd-longest driving range in US
The IONIQ 6, the first fully electric sedan by Hyundai Motor Co., has been named one of the top three distance champions in the US based on tests by...
Jul 02, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn
SK Group, South Korea’s second-largest conglomerate, is set to purchase the entire stake in a US bio joint venture held by its partner, as the...
Jun 30, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion applies for approval in US for eye treatment biosimilar
South Korean biopharmaceutical company Celltrion Inc. on Friday said it applied for approval from the US Food and Drug Administration (FDA) for CT-P...
Jun 30, 2023 (Gmt+09:00)
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Retail
S.Korea’s mattress maker Zinus launches premium product line
South Korean furniture and mattress maker Zinus Inc., an affiliate of Hyundai Department Store Group, has started a premium mattress line.The compan...
Jun 30, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s IONIQ 6 named Best EV of 2023 in US
Hyundai Motor Co.'s electric vehicle IONIQ 6 has been named Car and Driver's 2023 EV of the Year on Thursday. According to Hyundai Motor, IONIQ...
Jun 29, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea, Japan to resume bilateral currency swap for dollars
South Korea and Japan are set to revive their bilateral currency swap line to bolster their dollar liquidity this week after an eight-year suspensio...
Jun 28, 2023 (Gmt+09:00)
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North Korea
US to send Its biggest sub to Korean Peninsula in message to North and South
SEOUL—The U.S. plans to send its largest nuclear-armed submarine to South Korea for the first time in four decades, in an effort to deter Nort...
Jun 28, 2023 (Gmt+09:00)
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Leadership & Management
POSCO’s Choi traverses Canada, US to pitch for battery material projects
Choi Jeong-woo, chairman of South Korea’s largest steel group POSCO, is crisscrossing Canada and the US to meet with politicians and business ...
Jun 28, 2023 (Gmt+09:00)
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Energy
Doosan inks $214 mn deal for Korea combined cycle power plant
Major South Korean power plant builder Doosan Enerbility Co. won a 280 billion won ($214.5 million) deal to supply key components such as a gas tu...
Jun 28, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung on smooth track to 1.4 nm foundry tech to take on TSMC
SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday unveiled details of its advanced proces...
Jun 28, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to build logistics centers in US with $416 mn investment
CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an estimated investment of...
Jun 28, 2023 (Gmt+09:00)
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Electronics
LG Electronics targets EdTech market in US
LG Electronics Inc. is showcasing a lineup of acclaimed products designed for the education sector at the International Society for Technology in Ed...
Jun 27, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis overtakes Japan's Aisin on global auto parts market
South Korea's Hyundai Mobis has surpassed Japan's Aisin, its biggest competitor in auto parts excluding batteries, to break into the top five on the...
Jun 27, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Heyday over for Amorepacific, LG Household in China’s beauty market
Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...
Jun 26, 2023 (Gmt+09:00)
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Business & Politics
KOGAS, Vietnamese firms to jointly undertake major infra projects
South Korea's state-run Korea Gas Corp. (KOGAS) has announced a partnership with Vietnamese firms, kickstarting a major infrastructure project follo...
Jun 26, 2023 (Gmt+09:00)
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ESG
SKIET rejuvenates old mining town in Poland as green industry hub
DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...
Jun 26, 2023 (Gmt+09:00)
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Batteries
BlueOval SK secures $9.2 bn loan from US Department of Energy
BlueOval SK, the battery production joint venture between SK On Co. and Ford Motor Co., has provisionally secured up to $9.2 billion in policy suppo...
Jun 23, 2023 (Gmt+09:00)
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Food & Beverage
US burger chain Five Guys to launch in South Korea on June 26
The American burger chain Five Guys, which has attracted keen interest in South Korea for its service and prices even before its entry into the coun...
Jun 23, 2023 (Gmt+09:00)
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Economy
US beats China to become S.Korea’s No.1 export destination in 2022
South Korea last year exported most to the US thanks to brisk sales of the country’s cars in the world’s No. 1 economy, whereas trade wi...
Jun 22, 2023 (Gmt+09:00)
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Business & Politics
SK supports memorial monument honoring Korean War figures
South Korea's SK Group announced on Thursday its support for the construction of a memorial monument honoring the late Colonel William E. Weber and ...
Jun 22, 2023 (Gmt+09:00)
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Energy
Hanwha Impact develops 50% hydrogen gas turbine technology
The Ministry of Trade, Industry and Energy announced on Wednesday that Hanwha Impact Corporation, a South Korean petrochemical manufacturer, has dev...
Jun 22, 2023 (Gmt+09:00)
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Get It Made in Korea
Dong-A ENG Co.
Key facts Industry Mass-production mold design and manufacturing/machinery manufacturing Mainstay products/services Automotive int...
Jun 21, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US
Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...
Jun 20, 2023 (Gmt+09:00)
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Bio & Pharma
Syntekabio expands to US with local CRO
South Korean artificial intelligence (AI) drugmaker Syntekabio Inc. has partnered up with a US clinical research organization (CRO) to enter the wor...
Jun 20, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's Daesang acquires US food company Lucky Foods
Daesang Corporation, a South Korean manufacturer of food and pharmaceutical ingredients, announced on Monday that it has acquired the US food compan...
Jun 19, 2023 (Gmt+09:00)
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Venture capital
Vertex Ventures US upbeat for data startups
The healthcare, manufacturing, mobility and retail sectors were slower to adopt digital technologies than the telecom and e-commerce industries in...
Jun 16, 2023 (Gmt+09:00)
Latest News
- 1 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators