Korea’s Solus supplies battery copper foil to Tesla

South Korea’s Solus Advanced Materials started supplying battery copper foil to Tesla Inc. in January, becoming the country’s first batt...

Lotte to develop seawater-degradable bioplastic material

South Korea’s Lotte Chemical Corp. plans to develop a decomposable bioplastic material in seawater for production based on petrochemicals for ...

SK Hynix to benefit from Western Digital production disruption

South Korea’s SK Hynix Inc., the world’s second-largest memory chipmaker, is expected to be a key beneficiary from production disruption...

Samsung SDI in talks with global automaker for battery joint venture

South Korea’s Samsung SDI Co. is in talks with a global automaker to launch a battery production joint venture following its partnership last ...

Korea's Mirae Asset to launch digital asset business

Mirae Asset Financial Group, South Korea’s capital market giant, is set to enter the digital asset business, starting with a digital asset cus...

Hyundai Motor’s Alabama plant: World’s second most productive

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

Korea 2021 exports hit record on strong sales of key products

South Korea’s exports last year hit a record on strong sales of key products such as semiconductors, automobiles and petrochemicals.Exports su...

SK Square injects $29.5 million into agriculture startup

Korean investment firm SK Square Co. Ltd. has invested approximately 35 billion won ($29.5 million) into homegrown agriculture tech startup Greeln...

Naver Webtoon to acquire Korea’s virtual human maker

Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is set to acquire the management rights of d...

LG Display OLED TV panel sales top 20 mn units on strong demand

South Korea’s major display panel maker LG Display Co. is estimated to have sold more than 20 million units of organic light-emitting diode (O...

POSCO to build mini mills for carbon neutrality

POSCO Co., the world’s No. 5 steelmaker, plans to build mini mills, electric arc furnaces for hot rolled steel, in South Korea as part of it...

Korean steel mills rush to secure metal scrap from abroad

South Korean steelmakers, led by POSCO Co., are rolling up their sleeves to secure metal scrap as they are shifting into less carbon-intensive steel...

Samsung launches merged set division as DX; robotics new growth driver

Samsung Electronics Co. has officially launched its new set division, which combines its mobile and consumer electronics businesses into a single un...

LG Energy to secure $1.36 bn to raise US battery output

LG Energy Solution Ltd. is set to secure $1.36 billion to expand US battery output capacity, joining the fundraising race among South Korean battery...

Costa Rican president: His family K-drama fans, seeks joint production

Costa Rican President Carlos Alvarado Quesada has praised South Korean movies such as the Oscar-winning Parasite and drama series such as Squid Game...

Korea Zinc to double battery material output capacity

Korea Zinc Inc., the world’s top lead and zinc smelter, plans to double its production capacity of nickel sulfate, a key raw material for cath...

Robots, AI replace human workers at Kia’s EV6 manufacturing factory

Kia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at its smart factory for the EV6, its firs...

LG Chem, GS Caltex to produce biodegradable plastic material

South Korea’s top petrochemical maker LG Chem Ltd. and the No. 2 refiner GS Caltex Corp. have agreed to jointly produce a biodegradable plasti...

POSCO to quadruple steel sheet production for eco-friendly cars

South Korean steelmaking giant POSCO Co. is slated to quadruple its production of non-grain-oriented electrical steel sheet, a key material in the...

Samsung unveils 2.5D chip packaging tech for high-end products

South Korea’s Samsung Electronics Co. has unveiled a new chip packaging technology, called H-Cube, which stacks high-performance chips in mu...

Korea’s state electric companies to cease coal power generation by 2050

State-run utility Korea Electric Power Corp. (KEPCO) and its six subsidiaries declared an aim to cease coal power generation by 2050 in a bid to pla...

Korea’s Hot Chicken Flavor Ramen maker to issue first bond

South Korea’s Samyang Foods Co., the maker of the Hot Chicken Flavor Ramen, plans to issue its first corporate bonds ever as it is expanding b...

CJ Group Chief unveils $8.5 billion investment plans for growth

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. as well as entertainment gia...

Diesel exhaust fluid shortage threatens Korea’s supply chain

A diesel exhaust fluid (DEF) shortage in South Korea is feared to disrupt the supply chain in Asia’s fourth-largest economy. The lack of the l...

Chips, auto, display stocks rebound as supply shortage eases

Shares in South Korea’s chipmakers, automakers and display producers have begun to rebound on growing signs that the global supply shortage wi...

EcoPro BM to build battery materials plants in US, Europe

EcoPro BM Co., South Korea’s top cathode producer, plans to set up factories in the US and Europe to expand its business in the global marke...

Samsung SDI, Stellantis to build billion-dollar battery JV in US

Samsung SDI Co. has partnered with Dutch-domiciled multinational automaker Stellantis N.V. to build a multi-billion-dollar battery facility in the U...

Hyundai Glovis to build hydrogen supply chain with Air Products

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, agreed to set up a liquid hydrogen supply chain with Air Products, the world’s la...

POSCO emerges from pandemic blues with record third-quarter profit

South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high quarterly ...

Luxury reseller EndAnd offers one-of-a-kind authentication service

One of the biggest concerns in purchasing a secondhand luxury item is being uncertain if the item is real or fake. And South Korea-based luxury resa...