Doosan Bobcat to buy ex-sibling Mottrol for $178.6 million

Doosan Bobcat Inc., a major compact construction machinery and equipment maker under South Korean conglomerate Doosan Group, will buy back its forme...

KEPCO, EVN to promote new power business in Vietnam

Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, and Vietnam Electricity (EVN) have agreed to collaborate on new busi...

POSCO Int'l breaks ground on traction motor core plant in Poland

South Korea's POSCO International Corp., broke ground on the new electric vehicle (EV) traction motor core plant in Brzeg, Opole Voivodeship, Poland...

SK-backed TerraPower breaks ground on nuclear power plant in US

Bill Gates’ nuclear energy firm TerraPower LLC, backed by South Korean conglomerates SK Inc. and HD Hyundai Co., has broken ground on its firs...

SK Ecoplant builds rooftop solar panels at Samil Vina in Vietnam

SK Ecoplant Co., a South Korean construction engineering and waste management company, said on Tuesday it has completed building rooftop solar panel...

Shinhan Financial units to reside under one roof in Vietnam

Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...

US, China to serve as Kia’s key offshore EV production bases

Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...

HD KSOE gets $100 mn order for two PC ships

South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced on Friday that it has recently signed a contract with a Europ...

Samsung to offer AI features in Galaxy Z6 foldable series

Samsung Electronics Co. will power its Galaxy Z6 series due to be unveiled next month with mobile AI technology, including a live translation featur...

Doosan Bobcat ramps up Chennai plant in India

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday that it compl...

South Korean steelmakers run plants only at night as demand plummets

South Korea’s major steelmakers are running their plants only at night to cut costs as demand for rebars, or reinforced bars, widely used in t...

Ultium Cells Spring Hill: LG, GM’s EV battery bastion in North America

NASHVILLE – Some 60 km south of Nashville, the capital of Tennessee, lies a huge plant churning out battery cells that will eventually land in...

SK Gas eyes commercial operations of LNG power plant in 2nd half

SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier seeking to transform into a clean energy company, has moved a step c...

Daesang to scale up meal kits, kimchi production in Vietnam

Daesang Corp., South Korea’s leading food maker, said on Monday its two Vietnamese operations have each completed their second plant in the co...

South Korea to build 3 nuclear plants, 1 SMR under new energy policy

South Korea plans to build as many as three new nuclear power plants by 2038 and put into operation at least one small modular reactor (SMR) by 2035...

Line Games to launch The Play of Genesis in Taiwan, Hong Kong

South Korea's Line Games Corp. announced on Friday that it signed a publishing agreement with Vietnam's tech giant VNG for the mobile game The Play ...

Hyundai E&C to build Korea's 1st electrolysis-based hydrogen plant

Hyundai Engineering & Construction Co. (Hyundai E&C) has broken ground on South Korea’s first hydrogen production plant using water el...

Hanwha Q Cells builds US solar farm for power supply to Meta

Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Thursday it has completed a solar power complex...

SK embarks on business overhaul to focus on mainstays

South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...

Korea’s HD Hyundai Electric wins $60 mn transformer deal in UK

South Korea’s electric equipment maker HD Hyundai Electric Co. said on Wednesday it has won a power transformer supply deal worth 47.1 million...

SK On invests in Yuilrobotics for its US battery plants

SK On Co., the world’s fifth-largest electric vehicle battery producer, is slated to invest in South Korean robot automation system developer ...

Webcash Global, BC Card Vietnam partner on B2B fintech

Webcash Global, an affiliate of South Korea's Webcash Co., announced on Tuesday that it has recently signed a business agreement with BC Card Vietna...

Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...

GS25 opens 300th store in Vietnam

South Korean convenience store chain GS25 said on Sunday that it opened its 300th store in Vietnam. This is the milestone since it entered th...

Doosan Enerbility to supply SMR parts to NuScale Power

Doosan Enerbility Co., a leading South Korean power plant engineering company, is slated to supply nuclear reactor equipment to Nuscale Power Corp.,...

SK Innovation’s Ulsan plant goes smarter with AI, robot dog, AR tech

ULSAN, South Gyeongsang Province – At a petrochemical plant run by SK Innovation Co., South Korea’s largest oil refiner, Spot, a robot d...

Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy

Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Kor...

Hanwha Q Cells eyes solar power business diversification

Hanwha Q Cells Co., a solar power unit of South Korean chemicals-to-defense conglomerate Hanwha Group, is striving for revenue stream diversificatio...

Samsung, KEPCO to collaborate on power facility tech

Samsung Electronics Co. and Korea Electric Power Corp. (KEPCO) announced on Friday that they signed a memorandum of understanding (MOU) to cooperate...

SK Hynix mulls HBM production in Japan, US

SK Hynix Inc. is investigating the possibility of building a plant for high-bandwidth memory (HBM), vital for generative artificial intelligence, in...