doosan feul cell hydrogen business
Scope
Date
~
-
Electronics
Samsung Electronics, LG Uplus to jointly develop ixi-O AI smartphone
South Korean tech giant Samsung Electronics Co. has joined forces with mobile carrier LG Uplus Corp. to unveil an AI smartphone embedded with a high...
Nov 21, 2024 (Gmt+09:00)
-
Energy
KEPCO wins Saudi Arabia's two gas power plant projects
Korea Electric Power Corp. (KEPCO) announced on Thursday that it was selected as the final successful bidder to build and operate two 1.9GW combined...
Nov 21, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Hanwha Life acquires US securities firm Velocity
South Korea's Hanwha Life Insurance said on Wednesday it signed a stock purchase agreement (SPA) to acquire a 75% stake in Velocity Clearing LLC, ...
Nov 20, 2024 (Gmt+09:00)
-
Electronics
LG Electronics rises to global prominence in HVAC segment, ranks fifth
LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of the world’s top five players in the heating, ventilati...
Nov 20, 2024 (Gmt+09:00)
-
Logistics
Korean logistics companies expand overseas businesses
South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations to take advantage o...
Nov 19, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
CJ CheilJedang puts bio business on market for $4 bn
CJ CheilJedang Corp., South Korea’s largest food company, is seeking to sell its bio business for about 6 trillion won ($4.3 billion) in what ...
Nov 18, 2024 (Gmt+09:00)
-
Batteries
LG Energy to supply 2170-type cells to Bear Robotics
South Korea’s LG Energy Solution Ltd. said on Monday it has signed an initial agreement to supply cylindrical battery cells to Bear Robotics I...
Nov 18, 2024 (Gmt+09:00)
-
Cloud computing
Salesforce outage disrupts businesses across Asia Pacific
Salesforce Inc., the world’s top customer relationship management (CRM) platform, is grappling with a major service outage affecting more than...
Nov 16, 2024 (Gmt+09:00)
-
Electronics
LG to expand appliance subscriptions to India to speed up leasing business
LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...
Nov 14, 2024 (Gmt+09:00)
-
Retail
Korean duty-free shops post Q3 losses; no signs of recovery
The four major duty-free shop operators in South Korea on Thursday posted operating losses in the third quarter, marking the first quarter in almo...
Nov 14, 2024 (Gmt+09:00)
-
Beauty & Cosmetics
AmorePacific to rebalance China-heavy global business
AmorePacific Corp., South Korea’s No. 1 cosmetics group, will rebalance its China-heavy global business to focus on the US and Europe while lo...
Nov 13, 2024 (Gmt+09:00)
-
Construction & Planning
SK Ecoplant selects four companies at ConTech Meet-Up
South Korea's SK Ecoplant Co. said on Friday it held the "2024 ConTech Meet-Up Day" award ceremony at the Grand Walkerhill Hotel in Seoul. ConTech M...
Nov 08, 2024 (Gmt+09:00)
-
Retail
GS Retail selects six startups to innovate retail biz
South Korea's GS Retail said on Friday it selected six startups—Studio Lab, Tilda, Oasis Business, YesPlzAI, Vessl AI, and Raondata—th...
Nov 08, 2024 (Gmt+09:00)
-
Corporate restructuring
Fila sportswear brand downsizes loss-making US business
South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in N...
Nov 06, 2024 (Gmt+09:00)
-
Earnings
Coupang posts record quarterly sales, swings to Q3 operating profit
Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, posted its highest quarterly sales in the third quarter and swung to...
Nov 06, 2024 (Gmt+09:00)
-
Hydrogen economy
Hyundai Motor completes mobile hydrogen charging station in Jeju
Hyundai Motor Co. said on Monday that it completed the H Jeju Moving Station, a mobile hydrogen charging facility, at the Carbon-Free Island (CFI) E...
Nov 05, 2024 (Gmt+09:00)
-
Machinery
Daedong opens autonomous robot subsidiary Daedong Robotics
Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...
Nov 04, 2024 (Gmt+09:00)
-
Energy
HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power
South Korea's HD Hyundai Infracore Co. said on Monday it partnered with Amogy Inc., a US-based ammonia-powered systems developer, and SK Innova...
Nov 04, 2024 (Gmt+09:00)
-
Energy
Hanwha Q Cells, OCI to benefit from expanded US CHIPS Act subsidies
South Korean solar cell companies such as Hanwha Q Cells Co. and OCI Holdings Co. are set to benefit from expanded subsidies covered by the US CHIPS...
Oct 31, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai unveils Initium hydrogen FCEV concept, set to arrive in 2025
South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled a new hydrogen fuel cell electric vehicle (FCEV) concept, previewing its ne...
Oct 31, 2024 (Gmt+09:00)
-
Future mobility
Self-driving tech startup RideFlux raises $1.9 mn in Series B
RideFlux Inc., a South Korean autonomous driving technology startup, raised 26 billion won ($1.9 million) in a Series B funding round about four mon...
Oct 31, 2024 (Gmt+09:00)
-
Earnings
Samsung’s memory business fares better in Q3; more HBM sales ahead
Samsung Electronics Co. reported weaker-than-expected operating profit in its chip business in the third quarter but expects a rise in sales of its ...
Oct 31, 2024 (Gmt+09:00)
-
Chemical Industry
LG Chem strengthens automotive adhesives biz
South Korea's LG Chem Ltd., the world’s fourth-largest chemical manufacturer, said on Wednesday it will expand into the automotive adhesives m...
Oct 30, 2024 (Gmt+09:00)
-
Automobiles
Toyota, Hyundai agree to deepen ties in hydrogen, robotics
Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...
Oct 28, 2024 (Gmt+09:00)
-
Bio & Pharma
SK Bioscience's SKYCellflu approved in Indonesia
SK Bioscience Co., a bio and pharmaceutical affiliate of South Korea's SK Group, said on Wednesday that The Indonesian Food and Drug Authority BPOM ...
Oct 24, 2024 (Gmt+09:00)
-
Batteries
LG Energy, Stellantis’ EV battery JV in Canada mass-produces modules
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, said on Wednesday its joint venture in Canada with m...
Oct 23, 2024 (Gmt+09:00)
-
Energy
POSCO International eyes M&A in US natural gas market
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...
Oct 21, 2024 (Gmt+09:00)
-
Corporate restructuring
Doosan to resume Bobcat, Robotics merger with new ratio
South Korea’s plant and machinery powerhouse Doosan Group will resume the merger of Doosan Bobcat Inc. and Doosan Robotics Inc. using a new me...
Oct 21, 2024 (Gmt+09:00)
-
Shareholder activism
Align Partners calls on Doosan Bobcat to boost shareholder value
Align Partners Capital Management Inc., a South Korean activist fund, has called on Doosan Bobcat Inc., a global construction machinery maker owned ...
Oct 18, 2024 (Gmt+09:00)
-
Real estate
Koramco to open office next to NPS for property investment partnership
Koramco Asset Management Co. will open a liaison office next to South Korea’s National Pension Service (NPS) to bolster cooperation with the w...
Oct 18, 2024 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess