battery making
Scope
Date
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Batteries
POSCO Chem eyes No.1 spot in battery materials sector
South Korean steelmaker POSCO launched in 1968 with a mission to aid the country's economic growth through its steel business. True to its inten...
Dec 15, 2020 (Gmt+09:00)
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Rebars
Dongkuk makes strongest steel bar in S.Korea
Steelmaker Dongkuk Steel Mill Co. has become the first South Korean company to develop a reinforcing bar, or rebar, that can withstand 12.2 tons per...
Dec 04, 2020 (Gmt+09:00)
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Batteries
POSCO aims for top spot in EV battery materials market
Electric car batteries are often dubbed as "another semiconductor" in South Korea, a reference to the importance of semiconductor chips, key drive...
Dec 03, 2020 (Gmt+09:00)
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Batteries
LG Chem launches battery unit LG Energy Solution, eyes 2024 sales of $27 bn
South Korea’s LG Chem Ltd. has officially launched its battery affiliate, LG Energy Solution, to carve out a greater share of the increasingly c...
Dec 01, 2020 (Gmt+09:00)
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Batteries
LG Chem, China’s CATL neck and neck in race for top battery player’s spot
Global competition for the world’s top spot for the manufacture of electric-vehicle batteries is getting fiercer as major players in South Kor...
Nov 29, 2020 (Gmt+09:00)
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Batteries
SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot
SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...
Nov 25, 2020 (Gmt+09:00)
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Batteries
LG Chem beats CATL, Panasonic to supply batteries for Tesla’s Model Y SUV
South Korea’s LG Chem Ltd. will supply batteries to US electric vehicle giant Tesla Inc. for its latest mid-size SUV Model Y, to be manufact...
Nov 20, 2020 (Gmt+09:00)
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Electric vehicles
Hyundai Motor, SP Group to expand EV battery business in Singapore
Hyundai Motor Co. is seeking to expand its electrice vehicle battery business in Southeast Asia in cooperation with Singapore’s state-run utilit...
Nov 12, 2020 (Gmt+09:00)
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Biomaterials
LG Chem, Neste join forces to make bio-based synthetic resins
LG Chem Ltd. plans to produce synthetic resins such as polyolefin, polycarbonate and polyvinyl chloride, using biomaterials from Finland's diesel prod...
Nov 05, 2020 (Gmt+09:00)
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Batteries
Korea’s EV battery stocks surge on Europe sales, US vote
Shares of South Korea’s three leading electric vehicle battery makers surged Tuesday, on strong electric car sales in Europe and expectations th...
Nov 03, 2020 (Gmt+09:00)
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Battery spin-off
LG Chem shareholders approve plan to split off battery business
LG Chem Ltd. shareholders have approved the South Korean chemical maker’s plan to hive off its battery business, paving the way for the standalo...
Oct 30, 2020 (Gmt+09:00)
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Shareholder value
LG Chem’s No. 2 shareholder NPS opposes battery spin-off
South Korea’s National Pension Service (NPS) has decided to vote against LG Chem Ltd.’s plan to split off its battery business at a shareh...
Oct 28, 2020 (Gmt+09:00)
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Licensing agreements
LG to provide ice-making tech for Electrolux's French door refrigerators
South Korea's tech giant LG Electronics Inc. announced on Oct. 26 that it has entered into a patent-licensing agreement with Sweden-based Electrolux t...
Oct 26, 2020 (Gmt+09:00)
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Robot chefs
Hyundai Robotics, KFC team up to make chicken-frying robot chefs
Hyundai Robotics Co. and global fried chicken franchise KFC have agreed to jointly develop automated chicken-frying robots as the South Korean industr...
Oct 23, 2020 (Gmt+09:00)
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Cylindrical batteries
LG Chem gears up to supply new batteries to Tesla; shares surge
Shares of LG Chem Ltd. surged on Oct. 22 as investors snapped up the electric vehicle battery maker on Tesla Inc.’s record quarterly earnings, a...
Oct 22, 2020 (Gmt+09:00)
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Earnings
LG Chem’s Q3 profit soars, battery earnings at record high
South Korea’s LG Chem Ltd. reported on Oct. 21 that its quarterly revenue and operating profit rose to all-time highs in the July-September peri...
Oct 21, 2020 (Gmt+09:00)
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Battery recycling
Hyundai Glovis, Hyundai Motor, LG Chem get nod on EV battery recycling
The South Korean government has eased regulations to allow local automakers and battery makers to collaborate on recycling used electric-vehicle batte...
Oct 20, 2020 (Gmt+09:00)
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LG Chem to hold market lead with tenfold battery patents vs CATL: executive
South Korea’s LG Chem Ltd., which has heavily invested in research and development projects, says it will retain its market lead over close riva...
Oct 19, 2020 (Gmt+09:00)
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Interview
Now Systems looks to metal detector market for EV batteries
Now Systems Co., a South Korean metal detector maker, is looking to enter the digital detection equipment market to check metals used in rechargeable ...
Oct 16, 2020 (Gmt+09:00)
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Proxy adviser
Top proxy adviser ISS approves of LG Chem’s battery spin-off
LG Chem Ltd.’s plan to spin off its promising battery business has won support from the world’s top proxy adviser Institutional Shareholde...
Oct 16, 2020 (Gmt+09:00)
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Proxy adviser
Glass Lewis recommends LG Chem investors approve battery spin-off
Leading proxy adviser Glass Lewis has recommended that LG Chem Ltd. investors vote to approve the company’s plan to split off its battery busine...
Oct 15, 2020 (Gmt+09:00)
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Hydrogen truck
Hyundai makes inroads into Europe’s hydrogen commercial vehicle market
Hyundai Motor Co. has delivered seven hydrogen-powered trucks to Switzerland in its foray into Europe’s eco-friendly commercial vehicle market, ...
Oct 08, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung beats TSMC to win new Qualcomm order to make mobile chips
Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...
Oct 06, 2020 (Gmt+09:00)
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Batteries
China’s CATL poised to overtake LG Chem as top EV battery maker
Global competition for the world’s top spot for the manufacture of rechargeable batteries is getting fiercer as China is stepping up efforts to ...
Oct 05, 2020 (Gmt+09:00)
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Batteries
LS Electric develops battery temperature sensor for ESS
LS Electric Co., a South Korean electric power and automation equipment maker, has developed a battery cell temperature sensor (BTS) that can monitor ...
Sep 28, 2020 (Gmt+09:00)
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Batteries
Tesla unveiling offers opportunity for Korean EV battery makers; shares down
Tesla Inc.’s announcement that it will adopt a new battery technology to significantly improve an electric vehicle’s range and power shoul...
Sep 23, 2020 (Gmt+09:00)
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Investment banking
Global IBs scurry to win IPO mandates for LG Chem’s battery business spin-off
Global investment banks are scrambling to win IPO mandates for LG Chem Ltd.’s battery business, which the South Korean company plans to hiv...
Sep 22, 2020 (Gmt+09:00)
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Batteries
Tesla CEO's tweets allay concerns over EV battery supplies; LG Chem shares rise
Shares of LG Chem Ltd. rebounded on Sept. 22 from their shaky performance in the past few sessions, buoyed by Tesla Inc. founder Elon Musk’...
Sep 22, 2020 (Gmt+09:00)
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Pre-IPO
SK Innovation’s battery arm secures $258 mn in pre-IPO placement
SK Innovation Co.’s wholly owned subsidiary SK IE Technology Co. (SK IET) is set to fetch 300 billion won ($257.6 million) in a pre-IPO placemen...
Sep 22, 2020 (Gmt+09:00)
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Batteries
LG Chem says dual listing of battery subsidiary possible, rules out pre-IPO
South Korea’s LG Chem Ltd. may list its soon-to-be-launched battery subsidiary not just on the local bourse but also on overseas exchanges to ra...
Sep 18, 2020 (Gmt+09:00)
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