electrical equipment maker
Scope
Date
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Future mobility
Hyundai Transys unveils future UAM indoor design
South Korean auto powertrain and seat maker Hyundai Transys on Tuesday said it unveiled its new urban air mobility (UAM) cabin concept Hyundai Trans...
Jun 21, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US
Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...
Jun 20, 2023 (Gmt+09:00)
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Future mobility
Hanwha Aerospace partners with UK's Vertical Aerospace for UAM
South Korea's Hanwha Aerospace Co. announced on Tuesday that it has signed a memorandum of agreement (MOA) with Vertical Aerospace (VA), a UK compan...
Jun 20, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea urges ramen makers to cut prices to ease inflation
South Korean instant noodle makers are considering price cuts for the first time in 13 years pressured by the government, which aims to further ease...
Jun 19, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems joins C-130H airplane modification project
Hanwha Systems Co. announced on Monday that it has been awarded a second contract by the Defense Acquisition Program Administration for the South Ko...
Jun 19, 2023 (Gmt+09:00)
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Automobiles
Kia starts delivering electric SUV EV9 to customers
Kia Corp. announced on Sunday that its first large-scale electrified sport utility vehicle (SUV), the EV9, will be available for delivery to custome...
Jun 18, 2023 (Gmt+09:00)
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Entertainment
K-content makers to list on Nasdaq via $610 mn SPAC deal
Seven South Korean content makers are set to list on the Nasdaq through a $610 million merger deal with a special purpose acquisition company (SPAC)...
Jun 16, 2023 (Gmt+09:00)
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Automobiles
Rolls-Royce unveils its first all-electric model, Spectre, in Seoul
Rolls-Royce has unveiled Spectre, the brand's first all-electric model, on Friday in Seoul for the first time in the Asia-Pacific region.The exterio...
Jun 16, 2023 (Gmt+09:00)
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Min Sung Precision Co.
Key facts Industry Industrial mold manufacturing and repairment/plastic injection molding Mainstay products/services High-precision mold...
Jun 16, 2023 (Gmt+09:00)
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Construction
HD Hyundai to participate in Ukraine reconstruction project
South Korea's HD Hyundai Construction Equipment Co., the industrial affiliate of HD Hyundai Co., said on Thursday that it held discussions with Ukra...
Jun 15, 2023 (Gmt+09:00)
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Electronics
Display makers LG, Samsung gear up for OLED gaming monitor boom
South Korea’s two largest panel makers – LG Display Co. and Samsun Display Co. – are bracing for a gaming monitor boom as gamers w...
Jun 12, 2023 (Gmt+09:00)
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Electronics
Samsung releases world's first dual QHD gaming monitor
Samsung Electronics Co. announced on Monday that it will sequentially release its organic light-emitting diode (OLED) gaming monitor Odyssey OLED G9...
Jun 12, 2023 (Gmt+09:00)
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Automobiles
Hyundai's Kona Electric nears 300,000 in cumulative sales
Kona Electric, the best-selling Korean electric vehicle (EV) of Hyundai Motor Co.'s compact sports utility vehicle (SUV), is on the verge of reachin...
Jun 12, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis exceeds $770 bn in R&D investment in 2023
South Korea's car parts maker Hyundai Mobis is turning into a software-oriented mobility company by investing over 1 trillion won ($772.3 million)...
Jun 09, 2023 (Gmt+09:00)
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Private equity
Korean battery maker SK On attracts $400 mn from Hillhouse
South Korean battery maker SK On Co. has secured $400 million from Hillhouse, a Singapore-headquartered asset management firm, investment banking so...
Jun 08, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix steps up chip stacking war with 238-layer 4D NAND
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., has begun mass production of the industry’s hi...
Jun 08, 2023 (Gmt+09:00)
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Machinery
POSCO Int'l to supply nearly 7 mn motor cores to Hyundai Motor
South Korea's largest trading company POSCO International on Thursday said its affiliate POSCO Mobility Solution will supply motor cores to Hyundai ...
Jun 08, 2023 (Gmt+09:00)
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Robotics
Doosan Bobcat invests in US-based agtech company
Doosan Bobcat, the construction and agricultural machine making affiliate of South Korea’s Doosan Group, has announced on Wednesday a str...
Jun 07, 2023 (Gmt+09:00)
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Batteries
LG Energy to expand smart factory systems to N.America JVs
South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...
Jun 01, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy starts to construct ammonia test facility
South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has commenced the construction of an ammonia test facility at ...
Jun 01, 2023 (Gmt+09:00)
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Automobiles
Schaeffler Korea to produce parts for hybrid cars, EVs
Schaeffler Korea Corp., the largest plain and roller bearing provider to automotive and industrial sectors in South Korea, is set to celebrate 70 ye...
May 30, 2023 (Gmt+09:00)
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Earnings
S.Korean karaoke machine leader TJ Media enjoys post-pandemic boom
South Koreans’ love for singing is no secret, and with the lifting of social-distancing rules in the post-pandemic era their suppressed desire...
May 26, 2023 (Gmt+09:00)
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Energy
Moody’s cuts credit view on KEPCO to lowest investment grade
Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...
May 26, 2023 (Gmt+09:00)
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Bio & Pharma
Medtronic to buy S.Korean insulin patch maker for $738 mn
Medtronic Plc., a Dublin, Ireland-based medical device maker, is set to acquire EOFlow Co., a South Korean wearable insulin patch maker, for $738 mi...
May 26, 2023 (Gmt+09:00)
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Batteries
SK On wins $909 mn from BlackRock, QIA, MBK consortium
SK On Co., the world’s fifth-largest battery maker, has confirmed it will receive a 1.2 trillion won ($908.7 million) investment for a minorit...
May 24, 2023 (Gmt+09:00)
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Electric vehicles
Hanon to build $40 mn heat pump systems plant in US state of Georgia
Hanon Systems Corp., a South Korean thermal management systems provider for automakers, is set to inject $40 million to establish a plant in the US ...
May 24, 2023 (Gmt+09:00)
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Electronics
ASM to invest $100 mn to expand R&D facilities in S.Korea
The Netherlands-based semiconductor equipment maker ASM will invest $100 million (132 billion won) to boost its R&D and production capacities in...
May 24, 2023 (Gmt+09:00)
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Artificial intelligence
Naver’s search engine dominance under siege as Google, MS advance
South Korea’s online portal Naver Corp., the undisputed search engine leader in the domestic market for decades, is under siege as global Big ...
May 23, 2023 (Gmt+09:00)
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Energy
Korean biodiesel firm Dansuk sets sights on battery recycling business
KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...
May 23, 2023 (Gmt+09:00)
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Korean SMEs
Boeing-backed Huneed eyes civil aircraft market beyond jets
South Korea’s Huneed Technologies specializes in aircraft components such as military communications equipment and supplies them to the armed ...
May 23, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet