SFA to acquire 28% stake in CIS to lead renewable battery equipment sector

SFA to acquire 28% stake in CIS to lead renewable battery equipment sector

South Korea’s general equipment manufacturer SFA Engineering Corp. is poised to acquire CIS Corp., a renewable battery production equipment ma...

Korea’s local govts gear up to lure Tesla for Gigafactory

Korea’s local govts gear up to lure Tesla for Gigafactory

All of South Korea’s major municipal governments are gearing up to be considered as the site of a new Gigafactory, Tesla Inc.’s manufact...

SK Broadband develops eco-friendly rechargable remote control

SK Broadband develops eco-friendly rechargable remote control

South Korea's internet service provider SK Broadband has developed a new B tv remote control that can be recharged with significantly reduced chargi...

S.Korea's Lithium Plus succeeds in mass-producing lithium hydroxide

S.Korea's Lithium Plus succeeds in mass-producing lithium hydroxide

Lithium Plus, the S.Korean lithium materials company, said on Wednesday that it has succeeded in mass-producing battery-grade ultra-high-purity lith...

LG Chem invests $18.6 million in battery recycler JaeYoung Tech

LG Chem invests $18.6 million in battery recycler JaeYoung Tech

South Korea's LG Chem Ltd. is accelerating its entry into the North American battery recycling market by joining forces with JaeYoung Tech, a Korean...

LG Energy to spend $3.1 bn on 4680 battery plant in S.Korea

LG Energy to spend $3.1 bn on 4680 battery plant in S.Korea

LG Energy Solution Ltd., the world’s No. 2 electric vehicle (EV) battery maker, is poised to spend $3.1 billion on facilities in South Korea t...

S.Korean startup enters UK market for wireless charging of EVs

S.Korean startup enters UK market for wireless charging of EVs

A South Korean startup will enter the British market for wireless charging facilities for electric vehicles (EV), as Korean firms speed up their adv...

Leaders of Samsung, BMW discuss bolstering EV battery partnership

Leaders of Samsung, BMW discuss bolstering EV battery partnership

Samsung Electronics Chairman Jay Y. Lee met with the Chairman of the Management Board of BMW Group Oliver Zipse on Saturday to discuss ways to deepe...

S.Korean Airlines increase flights in anticipation of travel boom

S.Korean Airlines increase flights in anticipation of travel boom

South Korean airlines launched extensive marketing activities such as increasing international flights and giving free tickets in preparation for mo...

Doosan obtains certification on hydrogen batteries for drones

Doosan obtains certification on hydrogen batteries for drones

Doosan Mobility Innovation (DMI) said on Wednesday that its hydrogen fuel cell power pack DP30M2S product, which is mounted on hydrogen-fueled drone...

Hanwha Q Cells to sell 7 US battery ESS projects to Spain’s Acciona Energia

Hanwha Q Cells to sell 7 US battery ESS projects to Spain’s Acciona Energia

Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Wednesday it has signed a deal to sel...

SK Innovation, SungEel HiTech form discarded battery joint venture

SK Innovation, SungEel HiTech  form discarded battery joint venture

South Korea's SK Innovation Co. is forming a joint venture with SungEel HiTech Co., a company that recycles discarded batteries, to extract metals f...

CJ ENM to provide K-content on free platforms Tubi, Roku

CJ ENM to provide K-content on free platforms Tubi, Roku

South Korean entertainment giant CJ ENM Co. is linking up with major free streaming services in North America to expand accessibility for global fan...

LG Energy-GM JV secures $2.5 bn loan from US for EV battery production

LG Energy-GM JV secures $2.5 bn loan from US for EV battery production

South Korean battery maker LG Energy Solution Ltd. said on Wednesday its joint venture with General Motors Co. has attracted $2.5 billion via a loan...

S.Korean battery sector scrambles for talented manpower

S.Korean battery sector scrambles for talented manpower

South Korea’s battery industry has suffered from a talent shortage, especially in the research and development, design as well as process sect...

LG Group think tank unveils breakthrough AI tech Exaone

LG Group think tank unveils breakthrough AI tech Exaone

LG AI Research, the artificial intelligence (AI) think tank of South Korea's LG Group, on Thursday unveiled Exaone, a gigantic AI technology that ra...

Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women

Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women

Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...

Air Busan offers 4 daily flights on Busan-Fukuoka route

Air Busan offers 4 daily flights on Busan-Fukuoka route

Korea's low-cost carrier Air Busan Co. from Thursday will add a daily flight to its route linking the nation's biggest port city of Busan to Fukuo...

SK On-Ford Motor EV battery joint venture breaks ground in Kentucky

SK On-Ford Motor EV battery joint venture breaks ground in Kentucky

NEW YORK – SK On Co., a leading South Korean battery maker, and Ford Motor Co. have begun building their multi-billion-dollar joint venture in...

POSCO wins $689 mn battery material deal with GM-LG joint venture

POSCO wins $689 mn battery material deal with GM-LG joint venture

POSCO Chemical Co., a unit of South Korean steel giant POSCO Holdings Inc., said on Dec. 5 that it has signed a $688.6 million deal to provide a key...

LG Energy, GM to inject another $275 mn in Tennessee plant

LG Energy, GM to inject another $275 mn in Tennessee plant

South Korean battery maker LG Energy Solution Ltd. and General Motors Co. plan to inject an additional $275 million in a US electric vehicle battery...

Shilla Duty Free offers metaverse Gucci Beauty class

Shilla Duty Free offers metaverse Gucci Beauty class

Shilla Duty Free, Korea's leading duty-free shop chain, is opening a metaverse beauty class in collaboration with Gucci Beauty.The company will intr...

SK On attracts $1 billion in investment

SK On attracts $1 billion in investment

SK On, the electric battery affiliate of Korea's petroleum, alternative energy and oil exploration corporation SK Innovation, has secured 1.3 trilli...

Hyundai, SK to build $1.9 bn EV battery plant in US

Hyundai, SK to build $1.9 bn EV battery plant in US

Hyundai Motor Group, South Korea’s top automaker, and SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, will b...

SK On, EcoPro, China’s GEM to build battery materials plant in Indonesia

SK On, EcoPro, China’s GEM to build battery materials plant in Indonesia

SK On Co., a South Korean electric vehicle (EV) battery maker, has joined forces with two energy materials companies to build a nickel intermediate ...

Hanwha Q CELLS to join EU project for cutting-edge solar batteries

Hanwha Q CELLS to join EU project for cutting-edge solar batteries

Hanwha Q CELLS Co. on Thursday said it will join an R&D project for next-generation solar cells that has received 15 million euros (around 20 bi...

Korea Zinc exchanges treasury shares with LG Chem, Hanwha Corp.

Korea Zinc exchanges treasury shares with LG Chem, Hanwha Corp.

Korea Zinc Co. will exchange part of its treasury shares with those of LG Chem Ltd. and Hanwha Corp. in a move seen to strengthen the secondary batt...

Korea's SK Inc. revs up power semiconductor value chains via M&As

Korea's SK Inc. revs up power semiconductor value chains via M&As

SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is ramping up its value chain of third-generation semicondu...

Doosan Fuel Cell expands exports with China deal

Doosan Fuel Cell expands exports with China deal

South Korea's Doosan Fuel Cell on Monday said it has signed an export contract worth 346.9 billion won($255 million) to supply large-scale versions ...

SK On, Korean colleges to conduct R&D of next-generation batteries

SK On, Korean colleges to conduct R&D of next-generation batteries

South Korean battery maker SK On has raised its research and development (R&D) capacity in next-generation cells by joining forces with the dome...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal