first EV
Scope
Date
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Construction
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...
Nov 25, 2022 (Gmt+09:00)
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Korean chipmakers
Korea's SK Inc. revs up power semiconductor value chains via M&As
SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is ramping up its value chain of third-generation semicondu...
Nov 23, 2022 (Gmt+09:00)
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Energy
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...
Nov 22, 2022 (Gmt+09:00)
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Batteries
LG Chem to build $3.2 billion US cathode plant in Tennessee
LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...
Nov 22, 2022 (Gmt+09:00)
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Energy
SK Lubricants rebrands with name change as SK Enmove
SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...
Nov 21, 2022 (Gmt+09:00)
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Electric vehicles
Eco-friendly car registrations exceed 1.5 mn in Korea
The total number of registered eco-friendly vehicles in South Korea surpassed 1.5 million as of end-October, up 38.3% from 1.1 million compared to a...
Nov 21, 2022 (Gmt+09:00)
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North Korea
Kim Jong-un appears with daughter in public for first time
North Korean leader Kim Jong-un has unveiled for the first time his second child, daughter Ju-ae, who was born in 2013.The Korean Central News Agenc...
Nov 21, 2022 (Gmt+09:00)
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Korean startups
Mobility startup Poen takes first place at Geeks Show Up event in Jeju
South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...
Nov 18, 2022 (Gmt+09:00)
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Foreign exchange
Korean exporters suffer FX derivate losses on weak won
More South Korean exporters suffered massive losses from foreign exchange derivatives on a weaker won, failing to benefit from the unit’s depr...
Nov 17, 2022 (Gmt+09:00)
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Korean startups
Data startup BankSalad begins monetizing free genetic testing
BankSalad Co., once known as a fintech company that develops banking apps, added a new vertical last year that has witnessed robust demand. The...
Nov 17, 2022 (Gmt+09:00)
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Chemical Industry
Samyang transitions to white biotech with S.Korea’s first isosorbide plant
Samyang Group, a diversified conglomerate, has long focused on the chemicals and foodstuffs sectors. While adding to its existing chemicals bus...
Nov 17, 2022 (Gmt+09:00)
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Earnings
LG CNS earns $2.3 billion in year's first 3 quarters
South Korea's information and communications technology (ICT) corporation LG CNS, which seeks an initial public offering (IPO), has set a company re...
Nov 15, 2022 (Gmt+09:00)
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Electric vehicles
SK Signet supplies 37 ultra-fast EV charging posts to G20 Bali summit
SK Signet Inc., the electric vehicle (EV) charging arm of SK Inc., announced on Monday that it will supply the upcoming G20 summit with 37 ultra-fas...
Nov 14, 2022 (Gmt+09:00)
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Korean startups
Chipmaker Netsol unveils first STT-MRAM in South Korea
South Korea’s fabless memory semiconductor design house Netsol announced on Friday that it developed the country’s first STT-MRAM, a nex...
Nov 11, 2022 (Gmt+09:00)
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Bio & Pharma
SK Biopharma's epilepsy treatment posts impressive growth in US
South Korean SK Biopharmaceuticals' epilepsy treatment Cenobamate has seen rapid growth on the US market.The company on Thursday said the medic...
Nov 11, 2022 (Gmt+09:00)
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Investment banking
Korean brokerages' restructuring targets investment banking units
South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...
Nov 10, 2022 (Gmt+09:00)
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Batteries
POSCO Chemical completes world's largest cathode materials plant
POSCO Chemical will soon launch operations at its newly completed factory for cathode materials, the biggest of its kind in the world with an annual...
Nov 10, 2022 (Gmt+09:00)
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E-commerce
Coupang posts first profit in 8 years after adopting rapid delivery
South Korea's Coupang CEO Kim Bom-seok has kept his promise, with his online shopping giant posting its first surplus in eight years since introduci...
Nov 10, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...
Nov 09, 2022 (Gmt+09:00)
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Automobiles
Hyundai, China’s CICC in initial deal for commercial vehicle business
South Korea’s Hyundai Motor Co. said on Tuesday it has partnered with China International Capital Corp. (CICC), China’s largest investme...
Nov 08, 2022 (Gmt+09:00)
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Electronics
LG Display unveils world’s first high-resolution stretchable display
LG Display Co., a major South Korean display panel maker, said on Tuesday it has developed the world’s first full-color stretchable display th...
Nov 08, 2022 (Gmt+09:00)
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Blockchain
Blockchain-based messenger 'Block Chat' debuts
South Korea's Blockchain Labs, which developed the Coov app for electronic certification for vaccination against COVID-19, on Tuesday said it has re...
Nov 08, 2022 (Gmt+09:00)
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Corporate strategy
Korea Inc. accumulates cash as economic downturn deepens
South Korean companies, led by the country’s most valuable firm Samsung Electronics Co., have rushed to accumulate cash as interest rates kept...
Nov 07, 2022 (Gmt+09:00)
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Electronics
Samsung, LG gear up for launch of 8K gaming monitors
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are bracing for the impending arrival of a next-generati...
Nov 07, 2022 (Gmt+09:00)
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Batteries
SK On to buy battery material lithium hydroxide from Chile's SQM
SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...
Nov 06, 2022 (Gmt+09:00)
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Business & Politics
Korea, Hyundai Motor request 3-year reprieve on US EV tax credit law
The South Korean government and the country’s top automaker Hyundai Motor Co. have requested the US government give Korean carmakers a three-y...
Nov 04, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung sets sights on new chips for self-driving homes on wheels
For decades, Samsung Electronics Co. has been a household name in the semiconductor industry, making chips that work like the human brain for comput...
Nov 03, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record hybrid vehicle sales in US in October
Hyundai Motor Co. and Kia Corp., which are gradually increasing their presence in the US market, saw their hybrid vehicle sales reach an all-time hi...
Nov 02, 2022 (Gmt+09:00)
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Bio & Pharma
No more ineffective drugs due to resistance
L-Base is a pharmaceutical startup specializing in developing drugs for those who become resistant to existing cancer treatments. This year, the Minis...
Nov 01, 2022 (Gmt+09:00)
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Batteries
EcoPro BM to build battery materials plant in Canada
EcoPro BM Co., South Korea’s leading battery material producer, is set to build a plant in Canada with a $704 million investment in a partners...
Oct 31, 2022 (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