SK invests in the US 'turquoise' hydrogen maker Monolith Materials

SK invests in the US 'turquoise' hydrogen maker Monolith Materials

SK Inc., the holding and investment company of SK Group, has made another big investment in the US hydrogen segment.On Jun. 3, SK said that it bough...

Global automakers accelerate EV push as chip shortage eases

Global automakers accelerate EV push as chip shortage eases

Global auto companies are moving forward with their electric vehicle (EV) and other future mobility initiatives as the global semiconductor shortage...

Hahn & Co. acquires controlling stake in Namyang Dairy Products

Hahn & Co. acquires controlling stake in Namyang Dairy Products

South Korea’s private equity (PE) firm Hahn & Co. has acquired a controlling 53% stake in Namyang Dairy Products, acquiring all shares own...

China’s heavy imports of copper, steel scrap hurt Korean SMEs

China’s heavy imports of copper, steel scrap hurt Korean SMEs

South Korea’s massive exports of scrap steel and scrap copper to China are hurting its domestic companies that are struggling to secure the st...

Korean medical cosmetics firms make big rebound in Q1

Korean medical cosmetics firms make big rebound in Q1

South Korean medical cosmetics companies that underwent a tough year in 2020 are posting rejuvenated earning results thanks to s rise in demand in E...

SK Hynix push for takeover of Key Foundry to boost foundry production

SK Hynix push for takeover of Key Foundry to boost foundry production

SK Hynix Inc. is taking the first steps to take over South Korea-based Key Foundry, a move in line with recent remarks from Park Jung-ho, the SK Hyn...

SK Hynix starts mass production of high-performance SSDs

SK Hynix starts mass production of high-performance SSDs

South Korea’s SK Hynix Inc. has begun the mass production of its latest high-performance solid-state drives (SSDs) amid intensifying competiti...

LG Chem expands carbon nanotube production with new plant

LG Chem expands carbon nanotube production with new plant

South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strengt...

SK, Kolon tie up on biodegradable plastic production

SK, Kolon tie up on biodegradable plastic production

SK Global Chemical Co., a petrochemical subsidiary of SK Innovation Co., will produce biodegradable plastics together with chemical and textile heav...

Hyundai Oilbank, Air Products sign MOU to make hydrogen

Hyundai Oilbank, Air Products sign MOU to make hydrogen

Hyundai Oilbank Co., the oil refining unit under Hyundai Heavy Industries Holdings Co., has joined hands with US gas and chemical company Air Produc...

Hyundai Motor sets recovery plan for commercial vehicles

Hyundai Motor sets recovery plan for commercial vehicles

Hyundai Motor Co. has devised ambitious plans for this year to rescue its declining commercial vehicle segment. The company will undergo organizatio...

Korean battery shares tumble as VW gears up for in-house production

Korean battery shares tumble as VW gears up for in-house production

Shares of South Koreas’ major battery makers tumbled on Tuesday after Volkswagen AG announced it will gradually switch the type of batteries u...

Hyundai Motor to introduce batch production system at local plant

Hyundai Motor to introduce batch production system at local plant

South Korea’s Hyundai Motor Co. is considering introducing a new factory idea for its major local plant aimed at better responding to rising m...

Qualcomm chip shortage may squeeze global smartphone production

Qualcomm chip shortage may squeeze global smartphone production

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

Qualcomm chip shortage may squeeze global smartphone production

Qualcomm chip shortage may squeeze global smartphone production

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

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...

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...

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...

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...

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...

Korea’s commercial law revisions irk businesses, limit top shareholders’ clout

Korea’s commercial law revisions irk businesses, limit top shareholders’ clout

The National Assembly on Wednesday passed a series of commercial law revisions designed to limit business owners’ clout and enhance supervisio...

Hyundai makes inroads into Europe’s hydrogen commercial vehicle market

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, ...

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 ...

Hyundai Motor aims to launch world’s first commercial robotaxi

Hyundai Motor aims to launch world’s first commercial robotaxi

Hyundai Motor Co. is aiming to launch the world’s first commercial robotaxi, or Level 4 autonomous driving with no humans involved, as global au...

[Interview] Ares Management picks commercial mortgage, 2nd-tier US cities

[Interview] Ares Management picks commercial mortgage, 2nd-tier US cities

Senior commercial real estate debts and select second-tier cities are likely to offer greater investment opportunities to global investors still keen ...

KKR, POBA plan to sell commercial buildings in Korea for $1 bn

KKR, POBA plan to sell commercial buildings in Korea for $1 bn

Private equity firm KKR & Co. and the Public Officials Benefit Association (POBA) have put two commercial buildings in South Korea up for sale sep...

Europe banks return to Korean brokerage market; target debt, alternative products

Europe banks return to Korean brokerage market; target debt, alternative products

A growing asset size of South Korean institutional investors and soaring demand for overseas alternative assets have been prodding foreign banks, incl...

Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan