S.Korean startup enters UK market for wireless charging of EVs

S.Korean startup enters UK market for wireless charging of EVs

A South Korean startup will enter the British market for wireless charging facilities for electric vehicles (EV), as Korean firms speed up their adv...

KEXIM to provide $1.2 bn project financing for Indonesian refinery project

KEXIM to provide $1.2 bn project financing for Indonesian refinery project

The Export-Import Bank of Korea (Eximbank) announced on Friday that it has signed a $1.2 billion project financing agreement with the Indonesian sta...

Hanwha Q Cells to sell 7 US battery ESS projects to Spain’s Acciona Energia

Hanwha Q Cells to sell 7 US battery ESS projects to Spain’s Acciona Energia

Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Wednesday it has signed a deal to sel...

Hyundai Electric joins hands with GE to enter offshore wind power business

Hyundai Electric joins hands with GE to enter offshore wind power business

Hyundai Electric will advance into the offshore wind power market jointly with GE Renewable Energy.Hyundai Electric, an electric systems spinoff fro...

LG Energy-GM JV secures $2.5 bn loan from US for EV battery production

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...

Doosan, DL consortium to invest $130 mn in X-Energy for SMR project

Doosan, DL consortium to invest $130 mn in X-Energy for SMR project

A South Korean consortium led by Doosan Enerbility Co. and DL E&C Co. is investing $130 million in X-Energy LLC, a US nuclear reactor and fuel d...

EV charging service firm Scalardata attracts 3 bn won from GS Energy

EV charging  service firm Scalardata attracts 3 bn won from GS Energy

Scalardata, a South Korean start-up running an electric vehicle (EV) charging infrastructure integration platform "evmodu.kr," announced on Monday t...

Doosan Enerbility gets int'l certification for offshore wind power system

Doosan Enerbility gets int'l certification for offshore wind power system

South Korea's heavy industry company Doosan Enerbility Co. on Monday said it is Korea's first to receive international certification for an eight-me...

SK Energy buys stake in subscription car wash service

SK Energy buys stake in subscription car wash service

South Korea is seeing growth in the variety of services for the rising number of eco-friendly electric vehicles (EVs) on the nation's roads.Industry...

LS Cable inks $159 mn Taiwan submarine cable supply contract

LS Cable inks $159 mn Taiwan submarine cable supply contract

LS Cable & System Ltd., South Korea’s top wire and cable producer, signed a formal contract worth 150 million euros ($159 million) to supp...

Iljin Electric moves into DC power transmission device market

Iljin Electric moves into DC power transmission device market

Iljin Electric, an integrated heavy electric device unit of South Korea's Iljin Group, will participate in the domestic MVDC (medium-voltage direct ...

Dragonfly, CJ ENM sign MOU on content business

Dragonfly, CJ ENM sign MOU on content business

Dragonfly said on Wednesday that it has signed a memorandum of understanding (MOU) with CJ ENM Co. to cooperate in moving into new content busines...

S.Korea sends dairy cows, livestock genetic resources to Nepal

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 ...

Samsung’s Lee visits UAE nuclear plant project on first trip as chairman

Samsung’s Lee visits UAE nuclear plant project on first trip as chairman

Samsung Group leader Jay Y. Lee is in Abu Dhabi to meet with businesspeople and politicians and tour the Barakah nuclear power plant project in the ...

Nexen Tire develops AI-based tech for road surface detection

Nexen Tire develops AI-based tech for road surface detection

Nexen Tire Corp. on Monday said it developed technology for road surface detection and analysis of tire braking distance using artificial intelligen...

Taihan earns certification for extra-high voltage transmission cable

Taihan earns certification for extra-high voltage transmission cable

Taihan Cable & Solution said on Monday that it had completed the development of a 500-kV current cross-linked polyethylene extra-high voltage DC...

LG Energy, GM to inject another $275 mn in Tennessee plant

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...

Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project

Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is planning on four additional launches of the country’s first h...

SK Inc. bulks up green investments to achieve net zero by 2035

SK Inc. bulks up green investments to achieve net zero by 2035

SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is taking preemptive steps to expand its eco-friendly busin...

LIG Nex1 wins order to develop super-compact sensors for submarines

LIG Nex1 wins order to develop super-compact sensors for submarines

South Korean company LIG Nex1 will develop technology for ultra-miniature sensors that can be mounted on unmanned submarines.The company announced o...

Whisky imports up 62%, projected to be popular next year and beyond

Whisky imports up 62%, projected to be popular next year and beyond

As whisky became more popular in Korea, the amount of whisky imported for 10 months until October this year increased about 62% compared to the same...

Samsung Elec expands 5G network solution supply to NTT Docomo

Samsung Elec expands 5G network solution supply to NTT Docomo

Samsung Electronics Co. is expanding its presence in Japan’s telecommunications market with a supply of 5G network equipment to NTT Docomo Inc...

Hyundai Engineering completes Long Son plant project in Vietnam

Hyundai Engineering completes Long Son plant project in Vietnam

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...

HanmiGlobal lands series of orders from Saudi's Neom city project

HanmiGlobal lands series of orders from Saudi's Neom city project

HanmiGlobal Co. on Monday said it has earned contracts for the construction and development of Neom, the urban development project seeking to build ...

Hyundai, SK to build $1.9 bn EV battery plant in US

Hyundai, SK to build $1.9 bn EV battery plant in US

Hyundai Motor Group, South Korea’s top automaker, and SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, will b...

Hyundai E&C creates world's first children's playground using 3D printing

Hyundai E&C creates world's first children's playground using 3D printing

Hyundai Engineering & Construction said on Thursday it has installed children's playground equipment it made using 3D printing technology at Hil...

S.Korea to cut coal's share of energy usage to under 20% by 2030

S.Korea to cut coal's share of energy usage to under 20% by 2030

The draft of the Korean government's 10th Basic Plan for Electricity Supply and Demand contains a clause on reducing coal generation's share of nati...

Samsung Engineering wins Project of the Year awards from MEED

Samsung Engineering wins Project of the Year awards from MEED

Samsung Engineering Co., the construction unit of South Korea’s top conglomerate Samsung Group, said on Thursday it has won three Project of t...

Hanwha Q CELLS to join EU project for cutting-edge solar batteries

Hanwha Q CELLS to join EU project for cutting-edge solar batteries

Hanwha Q CELLS Co. on Thursday said it will join an R&D project for next-generation solar cells that has received 15 million euros (around 20 bi...

SK, Doosan to launch hybrid EV fuel cell charging stations

SK, Doosan to launch hybrid EV fuel cell charging stations

South Korea’s SK Energy Co., refiner giant SK Innovation Co.’s petroleum production subsidiary, said on Tuesday it will join forces with...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required