Hyundai to invest $398 mn in Korea Zinc for battery materials

Hyundai Motor Group, the global No. 3 automaker, is set to invest $398 million in Korea Zinc Inc., the world’s top lead and zinc smelter, for ...

S.Korea to develop ultra-low-power AI chips by 2030

South Korea will develop artificial intelligence (AI) chips by 2030 able to perform more than 10 trillion operations per second, while consuming ver...

Korean firms fret over growing adoption of Chinese LFP batteries

South Korea’s three major battery makers – LG Energy Solution Ltd., SK On Co. and Samsung SDI CO. – are increasingly anxious about...

S.Korea names 20 fabless firms to receive government support

South Korea is set to bolster support for local fabless companies, which design and sell chips, with an aim to grow the firms into global semiconduc...

S.Korean battery trio face union risk in US after Ultium Cells’ wage deal

South Korean electric vehicle battery majors’ plan to run more than 10 EV battery manufacturing plants in the US may hit a snag due to the loo...

IS Dongseo buys EV battery recycling firm BTS Technology

IS Dongseo Co., a South Korean waste management company, has acquired Slovakia-based battery recycling company BTS Technology Ltd. for 37.5 billion ...

LG Group accelerates shift toward AI, bio and clean tech

Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...

Young Poong, Lotte Global Logistics to form battery recycling supply chain

South Korea’s non-ferrous metal company Young Poong Co. has teamed up with Lotte Global Logistics Co. to form a supply chain system for recycl...

Samsung’ Galaxy Tab selected as top tablet in Australia

Samsung Electronics Co.'s tablet Galaxy Tab has secured the top spot in consumer satisfaction in Australia.According to Samsung Electronics on Monda...

BYD, KG Mobility in talks to build EV battery plant in Korea

BYD, the world’s No. 3 electric vehicle battery producer, and KG Mobility Corp., formerly Ssangyong Motor Co., are in talks to build a joint c...

LX Pantos, POSCO Flow to cooperate in global logistics

South Korea’s LX Pantos Logistics and POSCO Flow, formerly POSCO Terminal, will strengthen their cooperation in logistics for secondary batter...

Kia to revive Ray EV to kick start S.Korean city car market

Kia Corp., South Korea’s No. 2 automaker, aims to revitalize the local city car segment with the reintroduction of an electric version of the ...

POSCO Future M to produce nickel for cathodes in the Philippines

South Korean battery materials maker POSCO Future M Co. is set to produce nickel in the Philippines to boost its cathodes supplies and improve profi...

EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada

EcoPro BM Co., South Korea’s leading battery material producer, will invest $886 million jointly with SK On Co. and Ford Motor Co. to build a ...

SK On to expand domestic battery cell plant for $1.1 bn

SK On Co., a South Korean rechargeable battery maker, will make its largest-ever domestic facility investment of 1.5 trillion won ($1.1 billion) to ...

Falling mineral prices to hit Korean battery materials makers

South Korean battery materials makers are likely to report worsened profitability in the third quarter of this year as prices of lithium hydroxide a...

S.Korea's SK C&C enters battery sector with DNA Motors

South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...

LG Energy, Huayou Cobalt set up battery recycling JV in China

LG Energy Solution Ltd., the world’s No. 2 battery maker, and Zhejiang Huayou Cobalt Co., the global refined cobalt leader, have launched a ce...

SK Nexilis to sell copper foil to German battery maker Varta

South Korea’s SK Nexilis Co. is set to supply copper foil, core materials for electric vehicle cells, to German battery maker Varta AG, expand...

LG Energy Solution tops global EV battery market excluding China in H1

South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...

Indonesia vows support for LG-led $9.8 bn battery project

Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion electric vehicle battery...

Korea’s STX to build joint Indonesia nickel plant for EV cells

South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...

Hanwha Aerospace ventures into eco-friendly ship market

South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....

Global EV, battery sectors in war for talent acquisition

Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...

Samsung Elec to provide HBM3, packaging service to Nvidia

Samsung Electronics Co., the world’s top memory chipmaker, is set to provide high-performance semiconductors and packaging service to the glob...

LG developing technology to produce cathode without precursors

LG Chem Ltd. has embarked on a new technology development to produce cathodes without precursors in a bid to slash battery manufacturing costs and m...

China sets up battery JVs with S.Korea to bypass IRA

Chinese battery materials suppliers are rushing to expand their production bases in South Korea, mainly in partnership with domestic companies.Such ...

SKC, Toyota Tsusho tie up for N.America battery materials

SKC Ltd., a South Korean chemicals maker, has joined hands with the trading unit of Japanese top automaker Toyota Group for the electric vehicle bat...

Battery recycling firms aim for 90% lithium recovery rates

A growing number of South Korean companies – from battery materials makers to power facilities builders – are jumping into the waste bat...

Doosan to enter EV sector with battery recycling business

South Korea’s major power plant builder Doosan Enerbility Co. plans to set up a battery recycling subsidiary, targeting the sector expecting r...