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...
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...
Taylor city in Texas likely to host Samsung’s new US chip plant
The global semiconductor industry is keeping a close eye on whether Taylor, a city located in Williamson County of Texas and the most probable site ...
SK Innovation to supply batteries to Hyundai IONIQ 7
SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...
LG Electronics turns home appliance plant into smart factory
South Korea’s LG Electronics Inc. said on Thursday it is turning its main home appliance plant into a smart factory, which improves productivi...
SK Innovation shareholders approve battery split-off; 2022 IPO unlikely
Shareholders of South Korea’s SK Innovation Co. on Thursday approved the company's plan to separate its battery business into a new entity.Und...
Korea’s Halla to enter EV battery materials business
South Korea’s auto parts supplier Halla Holdings Corp. is making inroads into the electric vehicle battery materials business.Halla said on Se...
GS E&C to build EV battery recycling plant near POSCO
GS Engineering & Construction Co. (GS E&C) has launched the construction of its first lithium-ion battery recycling plant in a South Korean ...
Hyundai, LG Energy break ground on $1.1 bn Indonesia battery plant
Hyundai Motor Co. and LG Energy Solution Ltd. have begun construction of a $1.1 billion battery cell plant in Indonesia as the two South Korean comp...
NPS to veto SK Innovation’s battery unit split-off
South Korea’s pension fund is set to veto SK Innovation Co. 's plan to split off its battery unit as the move could undermine shareholder valu...
SK, Group14 Technologies to build $726 mn battery material plant
SK Materials Co., the industrial gas manufacturing affiliate of SK Group, said on Tuesday it is jointly investing 850 billion won ($726 million) wit...
LG Chem, ADM to build JV in US to produce bioplastics made from corn
South Korea’s LG Chem Ltd. said on Tuesday it is jointly building a corn-based bioplastic plant in the US with Archer Daniels Midland Co., a g...
EcoPro BM to reveal overseas production plans in mid-Oct
South Korea’s battery materials maker EcoPro BM Co. is set to unveil its plans for manufacturing in other countries including the United State...
Daimler working with Korean EV battery makers
Daimler AG is working with South Korean battery makers, already using their technology for electric sport utility vehicles (SUVs) of Mercedes-Benz, ...
LG set to fund OLED plant expansion with over $400 mn in new bonds
LG Display Co. will likely raise around 500 billion ($430 million) in new bond issues, more than its planned 300 billion won, to finance the expansi...
POSCO, GS join hands to expand battery, hydrogen business
POSCO and GS Group have teamed up to expand their battery recycling and hydrogen businesses. The move came as South Korea’s top steelmaker POS...
SK Ecoplant to sell plant building business before IPO
SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is in advanced stages of talks with a consortium of South Korea-based IUM ...
KOGAS, Hanwha-led group to build Vietnam LNG power plant
Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...
LG Chem to set up next-generation bio-oil plant in Korea
South Korea’s LG Chem Ltd. plans to build a next-generation bio-oil plant in the country with a local biodiesel company as the petrochemical m...
LG Energy Solution, SK Innovation raise global battery market shares
LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...
Sumitomo Chemical to build $90 million photoresist plant in S.Korea
Japan’s major chemical company Sumitomo Chemical Co. will invest more than 10 billion yen ($91 million) in South Korea to manufacture photores...
Samsung SDI tops LG Chem in market cap amid GM recall crisis
Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as the sixth-largest f...
LG delays decision on battery unit IPO to Q4
LG Chem Ltd.’s battery unit LG Energy Solution Ltd. will not be listed on Kospi within the third quarter. Investors are keeping close eyes on ...
Chinese, Korean carmakers penetrate Japanese-dominated Indonesia
Hyundai Motor Co. is set to start producing automobiles in Indonesia around the end of this year to attract drivers in the Southeast Asia’s ...
Samsung Electro-Mechanics to benefit as COVID-19 slams competitors
Samsung Electro-Mechanics is expected to benefit as the COVID-19 has hit its competitors in the global multi-layer ceramic capacitor (MLCC) market.T...
POSCO Chem, OCI to produce previously imported battery material in Korea
POSCO Chemical and OCI plan to produce in South Korea a key material for electric vehicle batteries, which has so far been imported.POSCO Chemical s...
Korea’s hydrogen council to launch Sept. 8; Hyundai to unveil new tech
The South Korean version of the Hydrogen Council, a global CEO-led initiative to harness the clean energy source, will officially launch on Sept. 8 ...
