Westinghouse Electric Corp.
Scope
Date
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Korean startups
APR Corp. generates $199 mn in revenue with advanced tech, branding
APR Corp. is a South Korean startup less than a decade old, which develops and manufactures skin care products and athleisure clothing. While t...
Aug 01, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai IONIQ 5 ahead of Volkswagen in German review
Hyundai Motor Co.’s all-electric IONIQ 5 crossover beat two competing models from Volkswagen and Swedish carmaker Polestar in a comparative as...
Aug 01, 2022 (Gmt+09:00)
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Batteries
Samsung SDI to build new battery plant in Malaysia by 2025
South Korea’s battery manufacturer Samsung SDI Co. held a groundbreaking ceremony for Plant 2 to make cylindrical batteries in Seremban, Mal...
Jul 21, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s Supernal showcases flying electric car at UK air show
Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., has unveiled the cabin concept of its flying ...
Jul 19, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai’s IONIQ 6 travels faster, farther than Tesla Model Y, Mercedes EQS
BUSAN – Hyundai Motor Co. has launched the IONIQ 6, its first fully electric sedan, which it claims runs faster and boasts a longer range than...
Jul 14, 2022 (Gmt+09:00)
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Batteries
SK On, Ford launch battery JV for N.America EV market
South Korea’s battery maker SK On Co. and US automaker Ford Motor Co. on Wednesday officially launched a joint venture for the North American ...
Jul 14, 2022 (Gmt+09:00)
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Electric vehicles
POSCO, LS Electric to build EV parts plants in Mexico
South Korea's POSCO International Co. broke ground on an electric vehicle parts plant in northern Mexico on July 6, while LS Electric Co. signed a t...
Jul 07, 2022 (Gmt+09:00)
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Energy
SK Ecoplant to inject $100 mn in Korean solar energy firm Topsun
South Korea's top waste management company SK Ecoplant Co., a unit of conglomerate SK Inc., is slated to complete talks to invest 130 billion won ($...
Jun 23, 2022 (Gmt+09:00)
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Energy
Petrochem firms to fuel plants with self-supplied power
South Korea’s petrochemical companies will build power plants for the first time in their history to meet their rising energy needs on a stabl...
Jun 23, 2022 (Gmt+09:00)
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Batteries
Falling nickel prices: A boon for Korean battery makers over Chinese rivals
South Korea’s three battery players – LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. – are getting a tailwind from the fal...
Jun 21, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LS Electric acquires Nokia’s power facility asset analysis platform
LS Electric announced Wednesday it has acquired Nokia’s power facility asset analysis platform. The power solutions arm of South Korea&rs...
Jun 08, 2022 (Gmt+09:00)
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Arts
LG to sponsor Guggenheim’s move for tech-based art
LG Group, South Korea’s No. 4 conglomerate, is set to support the Guggenheim’s move for technology-based art as the consumer electronics...
Jun 03, 2022 (Gmt+09:00)
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Metaverse
VA Corp. to build Asia’s largest virtual studio with LG’s LED displays
VA Corp. (VAC), a South Korean visual effects production startup, is building Asia’s largest virtual studio complex equipped with super-large ...
May 27, 2022 (Gmt+09:00)
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Energy
S&P lowers KEPCO’s stand-alone credit rating to non-investment grade
Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone credit profile to non-i...
May 27, 2022 (Gmt+09:00)
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Energy
Hyundai Electric's monthly orders hit record in April
Hyundai Electric & Energy Systems Co., an electric system spinoff from South Korean shipbuilding giant Hyundai Heavy Industries Co., said on May...
May 01, 2022 (Gmt+09:00)
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Electric vehicles
Korean refiners: Lubricating the future of electric vehicles
With the rise of electric vehicles globally, South Korea’s major oil refiners are jockeying to become leading suppliers of lubricants and cool...
Apr 17, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE opens R&D center in Germany for future technology
Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of the world’s top shipbuilder Hyundai Heavy Indus...
Apr 13, 2022 (Gmt+09:00)
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Korean startups
Creator tech startup Awake Corp. attracts over $892,000 in seed funding
Awake Corp., a startup that operates platforms to assist online creators, recently attracted 1.1 billion won ($892,473) in seed capital. The total a...
Apr 12, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia rank fifth in global electric vehicle sales
South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...
Apr 06, 2022 (Gmt+09:00)
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Batteries
LG, SK, Samsung unveil next-generation battery roadmaps at InterBattery
South Korea’s three major battery makers are showcasing their latest rechargeable batteries for electric vehicles while unveiling their roadma...
Mar 17, 2022 (Gmt+09:00)
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Korean startups
Visual effects startup VA Corp joins ranks of unicorns
Visual effects production startup VA Corporation announced Monday it received 100 billion won ($80.4 million) from private equity fund Paratus Inv...
Mar 15, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Iveco to cooperate on commercial vehicles
Hyundai Motor Co., South Korea’s top automaker, and Iveco Group NV, Italia's truck maker, have agreed to join hands on their commercial vehicl...
Mar 07, 2022 (Gmt+09:00)
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Electric vehicles
Kia aims to launch 14 all-electric models by 2027
Kia Corp., South Korea’s second-largest automaker, said on Thursday it will launch 14 electric vehicles by 2027 with an aim to sell 1.2 millio...
Mar 03, 2022 (Gmt+09:00)
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War in Ukraine
Korea corp. borrowing costs to rise further on Russia risks
South Korean companies are expected to pay more for fundraising as Russia’s invasion of Ukraine has chilled investor sentiment on corporate bo...
Mar 02, 2022 (Gmt+09:00)
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Automobiles
Hyundai IONIQ 5, Kia EV6 rated top among electric cars in Germany
Hyundai Motor Co.'s IONIQ 5 and Kia Corp.'s EV6 have been recognized as the most competitive electric sport utility vehicles by Auto Zeitung, a high...
Feb 28, 2022 (Gmt+09:00)
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Electric vehicles
Korea’s trading firms set sights on EV parts production for growth
South Korea’s general trading companies, which usually work as middlemen linking buyers with sellers, are seeking to transform into eco-friend...
Feb 22, 2022 (Gmt+09:00)
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ESG
LG Group improves dividend policy transparency
A growing number of LG Group units have unveiled their dividend policies for the next three years for the first time in their history, as they are d...
Feb 14, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai to debut IONIQ 6 in July to rival Tesla Model 3
Hyundai Motor Co. will unveil the much-anticipated IONIQ 6, its first all-electric sedan on an exclusive EV platform, in July, to compete with the l...
Feb 07, 2022 (Gmt+09:00)
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Steel
POSCO to revive India steel mill construction plan
POSCO Co. plans to build a steel mill jointly with India's Adani Group in western India, the South Korean steelmaker said on Thursday, after its pre...
Jan 13, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor aims to triple Genesis G90 sales by 2023
Hyundai Motor Co. said on Thursday it aims to triple the global sale of the Genesis G90 over the next couple of years by launching the flagship luxu...
Jan 13, 2022 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet