cost-effective products
Scope
Date
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Petrochemicals
Hyundai Heavy develops new chemical-resistant paint for PC carriers
Hyundai Heavy Industries Group said Wednesday that it has developed a paint product for petrochemical product (PC) carriers with significantly impro...
Dec 21, 2022 (Gmt+09:00)
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Energy
SK E&S builds world's largest production base for blue hydrogen
South Korea's SK E&S has accelerated a blue hydrogen project in Boryeong, South Chungcheong Province, in what will be the world's largest comple...
Dec 21, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to build network to share land, sea, air target info
South Korea's Hanwha Systems Co. will start domestic research and development of new tactical data links used by member countries of the North Atlan...
Dec 20, 2022 (Gmt+09:00)
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Airlines
T'way Air launches Pikachu Jet TW
T’way Air Co. said on Tuesday that it would start running the Pokemon-wrapped airplane "Pikachu Jet TW" from the end of this month and release...
Dec 20, 2022 (Gmt+09:00)
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Airlines
Air Busan to resume Busan-Vientiane flights after 3-year hiatus
Air Busan Co. recently expanded the number of flights on its Japan routes and continues to resume flights on its Southeast Asian routes. It will now...
Dec 19, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor Group sweeps eight Kelley Blue Book Awards
Hyundai Motor Group won eight awards out of 19 categories in this year's Kelley Blue Book Best Buy Awards, the most of any global auto group.Kia Cor...
Dec 19, 2022 (Gmt+09:00)
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Carbon neutrality
SK Group to display eco-friendly tech at next month's CES
South Korea's SK Group next month will display an extended range of carbon-reducing products and technologies at CES 2023, the world's largest exhib...
Dec 19, 2022 (Gmt+09:00)
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Bio & Pharma
Seegene's COVID-19 diagnostic product wins Product of the Year Award
Seegene Inc. said on Friday that its COVID-19 diagnostic product Allplex SARS-CoV-2 Assay received the Product of the Year Award at the BioSpectrum ...
Dec 16, 2022 (Gmt+09:00)
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Airlines
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...
Dec 16, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean PE firm Hahn & Co to sell used-car platform K Car
South Korean private equity firm Hahn & Co. is set to sell a majority stake in local used-car trading platform K Car Co. as its initial public o...
Dec 16, 2022 (Gmt+09:00)
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Chemical Industry
KCC's paint selected as World-Class Product for 14 consecutive years
South Korea's leading chemical and auto parts supplier KCC Corp. said on Thursday that its anti-rust and anti-fouling paints for ships and ceramics ...
Dec 16, 2022 (Gmt+09:00)
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Samsung Group
Samsung suspends staff overseas training to cut costs
Samsung Group canceled overseas training for South Korean staff for the first time in 32 years as the country’s top conglomerate tried to cut ...
Dec 14, 2022 (Gmt+09:00)
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Electronics
SK C&C to automate production process of SKC's US subsidiary
SK C&C announced on Wednesday that it will start a project to install a full-process automation system based on its smart factory platform I-FAC...
Dec 14, 2022 (Gmt+09:00)
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Logistics
CJ Logistics expands global e-commerce shipping services
South Korea’s CJ Logistics Corp. is ramping up its cross-border e-commerce (CBE) businesses as its local rival Coupang Inc. is increasing domi...
Dec 14, 2022 (Gmt+09:00)
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Batteries
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...
Dec 13, 2022 (Gmt+09:00)
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Bio & Pharma
MDimune signs research agreement with Australian National University
MDimune, a South Korean biotech company, said on Wednesday that it had signed an agreement with the Clear Vision Research (CVR) Lab, a research grou...
Dec 07, 2022 (Gmt+09:00)
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AgTech
S.Korea sends dairy cows, livestock genetic resources to Nepal
The South Korean government is donating dairy cows and genetic resources for cattle to Nepal.The Ministry of Agriculture, Food and Rural Affairs on ...
Dec 07, 2022 (Gmt+09:00)
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Food & Beverage
Cosmax NBT develops hangover cure ingredient
Cosmax NBT, Inc., Korea's functional health food maker affiliated with the same-name original cosmetics design manufacturer, said on Tuesday that it...
Dec 07, 2022 (Gmt+09:00)
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Airlines
Korean Air signs agreement with L3Harris for airborne control system
Korean Air Lines Co. is collaborating with L3Harris International, an American aerospace contractor, to introduce the airborne control system for th...
Dec 06, 2022 (Gmt+09:00)
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Airlines
Korean LCCs resume flights to Taipei after nearly 3 years
As domestic budget carriers begin opening or resuming flights to Taipei, the skyways between Korea and Taiwan have widened further.Jeju Air announce...
Dec 05, 2022 (Gmt+09:00)
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Petrochemicals
LG Chem unveils eco-friendly bioplastic, supplies to US toy firm Mattel
LG Chem Ltd., South Korea’s largest chemicals maker, has unveiled a new eco-friendly high-performance bioplastic and supplied it to Mattel Inc...
Dec 05, 2022 (Gmt+09:00)
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Batteries
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...
Dec 04, 2022 (Gmt+09:00)
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Bio & Pharma
LabGenomics, NGeneBio join forces for US market
Korea's two diagnostics companies, NGeneBio Co. and LabGenomics Co., signed a memorandum of understanding (MOU) on Thursday to cooperate in the fiel...
Dec 02, 2022 (Gmt+09:00)
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Economy
Korea inflation at 7-mth low; BOK may slow rate hike pace
South Korea’s headline inflation hit a seven-month low in November as rises in agricultural and petroleum product prices slowed, adding to exp...
Dec 02, 2022 (Gmt+09:00)
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Venture capital
VC firms rake in profit of up to 6 times principal from Raemongraein
Venture capital firms that invested in media production company Raemongraein Co. raked in significant profit from the surge in popularity of the TV ...
Dec 02, 2022 (Gmt+09:00)
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Machinery
LS Cable & System Asia expands cable production capacity in Vietnam
LS Cable & System Asia said on Thursday that it has invested 6.8 billion won in its Vietnamese subsidiary LS Cable & System Vietnam to compl...
Dec 01, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung Foundry: Driving force behind digital transformation
As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...
Dec 01, 2022 (Gmt+09:00)
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Food & Beverage
Jeju Samdasoo enters India, ships 45 tons of mineral water
South Korea’s leading bottled mineral water brand Jeju Samdasoo has begun exports to India, shipping 45 tons of the water there from the resor...
Dec 01, 2022 (Gmt+09:00)
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Artificial intelligence
Vuno's AI-powered fundus reading solution approved for sale in Taiwan
Vuno Inc., a South Korean artificial intelligence-powered medical solutions provider, said on Tuesday that Vuno Med-Fundus AI has received marketing...
Nov 30, 2022 (Gmt+09:00)
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Batteries
Enchem to more than double electrolyte production in US
South Korea’s electrolyte maker Enchem Co. said Monday it aims to expand its annual production capacity in the US to 300,000 tons by 2026 to m...
Nov 28, 2022 (Gmt+09:00)
Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul