SK Innovation’s battery arm secures $258 mn in pre-IPO placement

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...

LG Chem says dual listing of battery subsidiary possible, rules out pre-IPO

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...

LG Chem to launch battery affiliate Dec. 1; IPO under review

LG Chem to launch battery affiliate Dec. 1; IPO under review

LG Chem Ltd., South Korea’s leading chemicals maker, has endorsed a company plan to spin off its battery business as a standalone entity to stre...

LG Chem to spin off battery business as wholly owned subsidiary

LG Chem to spin off battery business as wholly owned subsidiary

LG Chem Ltd. will spin off its secondary battery business into a wholly owned subsidiary in a move to foster its automotive battery business, accordin...

LG Chem flies lithium-sulfur battery-loaded aircraft into stratosphere

LG Chem flies lithium-sulfur battery-loaded aircraft into stratosphere

LG Chem Ltd. has completed a test flight of an unmanned plane in the stratosphere using its lithium-sulfur battery for the first time in South Korea.T...

LG Chem flew lithium-sulfur battery-loaded aircraft into the stratosphere.

LG Chem flew lithium-sulfur battery-loaded aircraft into the stratosphere.

LG Chem Ltd. has completed a test flight of an unmanned plane at the highest altitude using its lithium-sulfur battery for the first time in South Kor...

Korean battery makers take charge in global EV market outperforming rivals

Korean battery makers take charge in global EV market outperforming rivals

South Korean battery makers LG Chem Ltd., Samsung SDI Co., and SK Innovation Co. are steaming ahead in the global electric vehicle market pulling in a...

Korean manufacturers tangled in EV battery feud; Korean court rules in favor of LG Chem

Korean manufacturers tangled in EV battery feud; Korean court rules in favor of LG Chem

The Seoul Central District Court has upheld the validity of LG Chem Ltd.'s patent infringement case in the US against SK Innovation Co. in its fi...

Korea’s leading EV battery makers’ R&D spending hits record $1 bn in H1

South Korea’s three leading electric-vehicle (EV) battery makers are investing heavily in EV research & development projects to gain ground ...

Samsung ramps up foundry business as manufacturer of IBM's 7nm CPU

Samsung ramps up foundry business as manufacturer of IBM's 7nm CPU

Global electronics giant Samsung Electronics' foundry plant is set to manufacture IBM's POWER10 Processor -- the company's first 7-nanometer...

Korean EV battery makers' shares tumble on Morgan Stanley downgrade

Korean EV battery makers' shares tumble on Morgan Stanley downgrade

Shares of South Korea’s three leading electric-vehicle (EV) battery makers LG Chem Ltd, SK Innovation Co. and Samsung SDI Co. fell 5% on August ...

SK Bioscience wins COVID-19 vaccine manufacturing order from US firm

SK Bioscience wins COVID-19 vaccine manufacturing order from US firm

SK Bioscience Co. Ltd. has secured a contract manufacturing organization (CMO) order for a new coronavirus vaccine candidate under development by the ...

SK Lubricants up for sale as parent firm bulks up EV battery business

SK Lubricants up for sale as parent firm bulks up EV battery business

SK Innovation Co. Ltd., the single shareholder of SK Lubricants Co. Ltd., has put the lube base oil supplier up for sale as the parent company seeks n...

Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks

Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks

South Korea’s three electric-vehicle battery makers have become the local market’s top picks as their combined market capitalization nearl...

SK Innovation to supply batteries to Hyundai’s 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...

[Graph, do not publish]Forecast of copper foil for secondary battery demand

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

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

Electric vehiclesHyundaiMotor, Kia, TechKia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at...

S.Korea to allocate 70% of annual R&D budget to 11 core tech areas

S.Korea to allocate 70% of annual R&D budget to 11 core tech areas

The South Korean government plans to allocate 70% of its annual R&D budget to 40 projects for research and development in 11 core industrial...

(DO NOT EDIT)CAPA: Korean mold maker Dong-A ENG advances with green mobility

CAPA: Dong-A ENG Co. (company logo) Key facts - Main business: Industrial mold design and manufacturing/machinery manufacturing- Mainstay products/s...

LG CNS develops code-generative AI solution

LG CNS develops code-generative AI solution

LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...

US visa quotas hamstring Korean manufacturers’ US expansion

US visa quotas hamstring Korean manufacturers’ US expansion

South Korean manufacturing companies have tripled investments in building plants in the US over the past three years, but labor shortages are slammi...

Shinhan to lead financing for battery storage project in Japan

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Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders SK Innovation to restore Vietnam’s mangrove forests in ESG initiative LG Electronics' Q2 profit halved as US tariffs bite