POSCO International to build motor core plants in Poland, Mexico

POSCO International to build motor core plants in Poland, Mexico

POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., said on Monday it will build new trac...

Hyundai E&C likely to win Bulgaria’s nuclear project

Hyundai E&C likely to win Bulgaria’s nuclear project

South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C) was picked as the preferred bidder for Bulgaria's new nuclear react...

Line launches AI Assistant services in Japan

Line launches AI Assistant services in Japan

Line Corporation announced on Friday that it has launched paid and free AI Assistant services within the LINE Messenger in Japan.LINE AI Assistant i...

Defy convention with long-run plans to upvalue Korean stocks

Defy convention with long-run plans to upvalue Korean stocks

The South Korean stock market has been on an upward swing in recent weeks, with many partly attributing it to President Yoon Suk Yeol’s pledge...

POSCO to build world's largest battery cathode plant cluster

POSCO to build world's largest battery cathode plant cluster

GWANGYANG, South Jeolla Province  -- POSCO Future M Co., a battery materials supplier, on Thursday broke ground on its fifth cathode materials ...

Hyundai, Kia aim to raise Indian sales after record output

Hyundai, Kia aim to raise Indian sales after record output

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, aim to raise sales by 4.2% in India this year after logging record vehi...

SK Energy, PTC Korea team up for smart plant construction business

SK Energy, PTC Korea team up for smart plant construction business

SK Energy Co., South Korea’s top oil refiner and energy company, said on Wednesday it has teamed up with PTC Korea Co. to jointly enter the gl...

Hyundai Motor Group in test run of dedicated EV plant in Korea

Hyundai Motor Group in test run of dedicated EV plant in Korea

Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...

LG Display to pull out of LCD business; BOE, CSOT eye Guangzhou plant

LG Display to pull out of LCD business; BOE, CSOT eye Guangzhou plant

LG Display Co. has put its liquid crystal display (LCD) panel plant in Guangzhou, China up for sale as the South Korean display panel maker plans to...

HD Hyundai to build power distribution device plant in Cheongju

HD Hyundai to build power distribution device plant in Cheongju

South Korea's HD Hyundai Electric Co. announced on Tuesday that it will invest 117.3 billion won ($87.72 million) in building a new medium and low...

Lotte Chemical completes HEC plant in Yeosu

Lotte Chemical completes HEC plant in Yeosu

South Korea’s Lotte Chemical Corp. announced on Monday its commencement of commercial production at the plant of Hydroxy Ethyl Cellulose (prod...

Samsung wins first 2 nm AI chip order from Japan’s PFN; a snub to TSMC

Samsung wins first 2 nm AI chip order from Japan’s PFN; a snub to TSMC

Samsung Electronics Co., the world’s largest memory chipmaker, has won its first 2-nanometer node artificial intelligence chip production cont...

Korea gives the nod for foreign workers at plant construction sites  

Korea gives the nod for foreign workers at plant construction sites  

South Korea is expected to allow foreigners to work at plant construction sites nearly two decades after non-native Koreans were banned from those p...

LG Energy's 2nd bond issue hits record $4.2 bn in bids

LG Energy's 2nd bond issue hits record $4.2 bn in bids

LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...

Warren Buffett’s IMC to invest $98 million in Daegu for chip materials plant

Warren Buffett’s IMC to invest $98 million in Daegu for chip materials plant

DAEGU – The IMC Group, owned by Warrant Buffett’s Berkshire Hathaway Inc., will invest 130 billion won ($98 million) to build a semicond...

Cosmax targets Southeast Asia's halal perfume market

Cosmax targets Southeast Asia's halal perfume market

Cosmax Inc., South Korea's largest cosmetics manufacturer in original design manufacturing (ODM), announced on Wednesday that it opened its new perf...

Jay Y. Lee heads to Middle East, Malaysia for next Samsung takeoff

Jay Y. Lee heads to Middle East, Malaysia for next Samsung takeoff

Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to the Middle East in his first overseas trip since a South Korean court...

GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs

GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs

General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...

Hyundai Motor mulls India unit IPO to raise $3 bn

Hyundai Motor mulls India unit IPO to raise $3 bn

Hyundai Motor India is in the early stages of talks to go public later this year to raise at least $3 billion, Reuters reported on Monday, as Hyunda...

Cosmax opens integrated R&D center for bio-material

Cosmax opens integrated R&D center for bio-material

Cosmax Group, South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), announced on Monday that it has la...

HD KSOE seeks to build nuclear power plant ships

HD KSOE seeks to build nuclear power plant ships

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is hastening to advance into the nuclear power plant ship market in collaboration wit...

SK Hynix to build US chip packaging plant in Indiana: FT

SK Hynix to build US chip packaging plant in Indiana: FT

SK Hynix Inc., the world’s second-largest memory chip producer, is reported to have picked Indiana as the site for its advanced chip packaging...

Samyang’s power: Hot Chicken Flavor Ramen by daughter-in-law

Samyang’s power: Hot Chicken Flavor Ramen by daughter-in-law

Samyang Foods Co., a South Korean instant noodle maker, enjoyed record earnings last year thanks to increasing overseas sales of its global-hit Hot ...

Japan approves Korean Air-Asiana merger

Japan approves Korean Air-Asiana merger

Japan has finally given the nod to the merger between South Korea’s No. 1 full-service carrier Korean Air Lines Co. and No. 2 Asiana Airlines ...

LG Energy Solution's ESS division posts first-ever profit

LG Energy Solution's ESS division posts first-ever profit

LG Energy Solution Ltd.'s energy storage system (ESS) division posted its first-ever profit on the back of growing replacement demand and new constr...

LG Energy to supply $748 million worth of batteries to Japan’s Isuzu Motors

LG Energy to supply $748 million worth of batteries to Japan’s Isuzu Motors

LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...

Doosan Enerbility wins $210 mn S.Korean power plant deal

Doosan Enerbility wins $210 mn S.Korean power plant deal

South Korea’s major power plant builder Doosan Enerbility Co. has bagged a 280 billion won ($209.6 million) contract to supply core equipment ...

OCI to strengthen solar energy biz in Malaysia

OCI to strengthen solar energy biz in Malaysia

OCI Holdings Co. announced on Thursday that it hosted a charity event in Sarawak, Malaysia, aiming to strengthen local ties in the region home to it...

KT to build submarine cable in Asia

KT to build submarine cable in Asia

South Korea’s KT Corp. announced on Thursday that it plans to build a new submarine cable to cater to the burgeoning demand for cloud services...

HiteJinro signs land agreement for Vietnam soju plant

HiteJinro signs land agreement for Vietnam soju plant

HiteJinro Co., a South Korean alcoholic beverage company, has signed a land agreement for its planned soju plant in Vietnam. The agreement marks a m...

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