Graphene Square aims global with mass production of 'wonder material'

Graphene Square aims global with mass production of 'wonder material'

Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an e...

Hyundai Motor to ramp up fuel cell car production

Hyundai Motor to ramp up fuel cell car production

South Korea-based Hyundai Motor Co. has decided to produce around 17,000 units of its hydrogen fuel cell electric vehicle (FCEV) this year, thrice t...

Renault vows action if Korean unit fails to improve productivity, cut costs

Renault vows action if Korean unit fails to improve productivity, cut costs

French auto giant Groupe Renault has warned of stern action against its struggling South Korean unit, urging it to improve productivity and cut cost...

LG Display to invest $750 million in Vietnam OLED module plant

LG Display to invest $750 million in Vietnam OLED module plant

LG Display Co., a major South Korean display panel maker, will invest $750 million in its display plant in Vietnam to meet rising demand from electr...

Samsung mulls $17 billion Austin chip plant, seeks tax breaks

Samsung mulls $17 billion Austin chip plant, seeks tax breaks

Samsung Electronics Co. is seeking tax breaks of $805.5 million from the US state of Texas in return for a new $17 billion chip plant, which the Sou...

Hyosung, Linde to create world's largest liquid hydrogen plant

Hyosung, Linde to create world's largest liquid hydrogen plant

South Korea-based Hyosung Heavy Industries Corp. and global industrial gas supplier Linde plc. have agreed to establish the world's largest liquid h...

GM Korea to cut production; carmakers call for govt action

GM Korea to cut production; carmakers call for govt action

The South Korean arm of General Motors Co. has become the country’s first automaker forced to cut production due to the global semiconductor c...

SK Hynix completes construction of its largest $3.14 bn chip plant

SK Hynix completes construction of its largest $3.14 bn chip plant

SK Hynix Inc. has completed the construction of its largest chip plant, which will use cutting-edge technology to produce memory semiconductors to m...

SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn

SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn

SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growi...

Samsung says fully ready for M&As; silent on US foundry plant

Samsung says fully ready for M&As; silent on US foundry plant

Samsung Electronics Co. is well-geared up to chase M&A deals and expand its facilities over the next three years to make full use of its cash ho...

SKC to spend $600 mn to build copper foil plant in Malaysia

SKC to spend $600 mn to build copper foil plant in Malaysia

South Korea’s SKC Ltd. will build its first overseas plant of copper foils in Malaysia for 650 billion won ($588 million), as the chemical mat...

Samsung remains tight-lipped on new US chip plant reports

Samsung remains tight-lipped on new US chip plant reports

Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...

GM Korea to curb production as global chip shortages worsen

GM Korea to curb production as global chip shortages worsen

GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...

Hyundai inks deal to build first overseas hydrogen fuel cell plant in China

Hyundai inks deal to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to en...

CJ Cheiljedang to set up food production plant in South Dakota

CJ Cheiljedang to set up food production plant in South Dakota

South Korea's food and beverage giant CJ CheilJedang Corp. will establish a food production plant that makes mandu in the 560,000 square meters of l...

K-startup products sweep CES 2021 innovation awards honors

K-startup products sweep CES 2021 innovation awards honors

A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...

SK Innovation to raise $920 mn for US battery plant expansion

SK Innovation to raise $920 mn for US battery plant expansion

South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...

Hyundai Motor to build first overseas hydrogen fuel cell plant in China

Hyundai Motor to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...

Ssangyong Motor to briefly halt production at main plant

Ssangyong Motor to briefly halt production at main plant

South Korea’s Ssangyong Motor Co. is temporarily suspending production at its main plant due to disruptions of auto parts supplies from its co...

Doosan Heavy clinches $562 mn Guam power plant deal

Doosan Heavy clinches $562 mn Guam power plant deal

  Doosan Heavy Industries & Construction Co. has clinched an order to build a combined cycle power plant in Guam from a consortium of Kore...

SKC to build first overseas copper foil plant in Malaysia

SKC to build first overseas copper foil plant in Malaysia

SKC Ltd., a chemical materials maker of South Korea’s SK Group, is planning to more than quadruple its production capacity of copper foils, a ...

SK Innovation partners with EVE to launch third battery plant in China

SK Innovation partners with EVE to launch third battery plant in China

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

LG Chem to power Wuxi plant with renewable energy bought from China

LG Chem to power Wuxi plant with renewable energy bought from China

South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...

KEXIM to finance Korean firms' Mozambique LNG plant project

KEXIM to finance Korean firms' Mozambique LNG plant project

The Export-Import Bank of Korea (KEXIM) will provide $500 million in project financing to South Korean companies for their $550 million construction...

Samsung Engineering wins $1 bn Malaysia plant deal

Samsung Engineering wins $1 bn Malaysia plant deal

Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to build a methanol plant i...

SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot

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...

Samsung heir Jay Y. Lee visits plants in Vietnam

Samsung heir Jay Y. Lee visits plants in Vietnam

Samsung Electronics Co. Vice Chairman Jay Y. Lee, currently in Vietnam, has toured its smartphone, TV and other electronics plants there, as the compa...

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...

Korea rises as production hub for coronavirus treatments; darling of global pharmas

Korea rises as production hub for coronavirus treatments; darling of global pharmas

South Korea is emerging as a global production base for coronavirus vaccines and medicine thanks to its comprehensive production facilities alongside ...

Samsung Biologics to double bioreactor capacity with $1.5 bn new plant

Samsung Biologics to double bioreactor capacity with $1.5 bn new plant

Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation