fresh produces
Scope
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Automobiles
Hyundai Mobis mass produces glove compartment for EVs
South Korea's Hyundai Mobis has developed an innovative glove compartment optimized for electric vehicles (EV) for use in the large sport utility EV...
Aug 02, 2023 (Gmt+09:00)
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Batteries
LG developing technology to produce cathode without precursors
LG Chem Ltd. has embarked on a new technology development to produce cathodes without precursors in a bid to slash battery manufacturing costs and m...
Aug 01, 2023 (Gmt+09:00)
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Earnings
S.Korean tire producers rally on strong demand, low costs
South Korean tire manufacturers enjoyed healthy earnings thanks to strong global demand for electric vehicles and new cars adding to expectations th...
Jul 28, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to advance future mobility with nanotechnology
Hyundai Motor Group, which seeks to pivot from a fast follower to a game changer in the global auto sector, has unveiled advanced materials technolo...
Jul 20, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte Chemical, DL Energy team up to produce renewable energy
South Korea’s Lotte Chemical Corp. and DL Energy have joined forces to spread carbon neutrality and environmental, social and governance (ESG)...
Jul 18, 2023 (Gmt+09:00)
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Electronics
Samsung Electro-Mechanics starts mass-producing power inductors
South Korea's Samsung Electro-Mechanics has started mass-producing power inductors, an essential component of electric (EV) and self-driving vehicle...
Jul 17, 2023 (Gmt+09:00)
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Electronics
Samsung ties up with LG Display for 83-inch OLED TV in US
Samsung Electronics Co., the world’s top TV maker, has joined hands with its South Korean rival LG Display Co. for the large organic light-emi...
Jul 12, 2023 (Gmt+09:00)
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Steel
Hyundai Steel to open carbon-neutral steel lab by 2023
Hyundai Steel Co., a unit under South Korean auto giant Hyundai Motor Group, is set to kick off research on hydrogen-based steelmaking as its new la...
Jul 10, 2023 (Gmt+09:00)
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Hydrogen economy
HD Hyundai Infracore to develop hydrogen gas turbine engine
HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of understanding (MOU) with...
Jul 07, 2023 (Gmt+09:00)
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Steel
POSCO gears up for big stride as green materials firm with Hyper NO
South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with...
Jul 06, 2023 (Gmt+09:00)
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Economy
FDI pledges to S.Korea set fresh record in H1 2023
Foreign direct investment pledges to South Korea from January to June of this year soared 54.2% on-year, hitting a record high for the first-half pe...
Jul 05, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics wins $897 mn in two deals with Pfizer
Samsung Biologics Co., the world’s largest contract manufacturing organization (CMO) in terms of production capacity, said on Tuesday it has w...
Jul 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia set fresh H1 sales record in US, beating H1 2021
South Korea’s largest automaker Hyundai Motor Co. and its sister company Kia Corp. posted record first-half-year sales in the US this year, am...
Jul 03, 2023 (Gmt+09:00)
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Retail
S.Korea’s mattress maker Zinus launches premium product line
South Korean furniture and mattress maker Zinus Inc., an affiliate of Hyundai Department Store Group, has started a premium mattress line.The compan...
Jun 30, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung accelerates foray into fastest AI chip market
South Korea’s Samsung Electronics Co. is speeding up its efforts to penetrate deeper into the high bandwidth memory 3 (HBM3) market, an area i...
Jun 26, 2023 (Gmt+09:00)
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ESG
SKIET rejuvenates old mining town in Poland as green industry hub
DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...
Jun 26, 2023 (Gmt+09:00)
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Batteries
LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds
LG Chem Ltd. has begun mass production of high-nickel cathode materials made with a single crystal structure for the first time in South Korea, whic...
Jun 26, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO-led consortium signs 47-yr Oman green hydrogen project
A consortium led by POSCO Holdings Inc. and Samsung Engineering Co. has signed a 47-year contract with Oman worth an estimated $7 billion-$8 billion...
Jun 22, 2023 (Gmt+09:00)
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Batteries
POSCO, CNGR to build $1.2 bn battery materials plants in Korea
South Korea’s steel giant POSCO Group and China’s CNGR Advanced Material Co. have agreed to spend 1.5 trillion won ($1.2 billion) on sec...
Jun 21, 2023 (Gmt+09:00)
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Chemical Industry
Daesang to produce new eco-friendly material Cadaverine
Daesang Corp., South Korean manufacturer of food and pharmaceutical ingredients, announced on Wednesday that it has developed a new eco-friendly mat...
Jun 14, 2023 (Gmt+09:00)
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Food & Beverage
S.Korean gov’t to showcase domestic fresh eggs in Hong Kong
South Korean Ministry of Agriculture, Food and Rural Affairs and Korea Agro-Fisheries & Food Trade Corporation (aT) announced on Friday that it ...
Jun 09, 2023 (Gmt+09:00)
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Electric vehicles
SK set to produce faster EV chargers than Tesla in US
DALLAS, TEXAS - South Korea’s SK Signet Inc. is poised to produce electric vehicle chargers with the fastest charging speed in the US, targeti...
Jun 06, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis to expand vehicle module facility in S.Korea
South Korea’s Hyundai Mobis Co. will build its third automotive module plant in Ulsan, South Korea, where its parent Hyundai Motor Group opera...
Jun 06, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor builds hydrogen fuel cell factory in China
Hyundai Motor Group has commenced full-scale production at its hydrogen fuel cell system plant in Guangzhou, marking a key step in its global hydrog...
Jun 01, 2023 (Gmt+09:00)
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Batteries
LG Chem breaks ground on 4th cathode material plant in S.Korea
LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant to produce carbon nan...
May 31, 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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Chemical Industry
OCI to jointly produce polysilicon for chips with Japanese company
OCI Co., a leading South Korean chemical and green energy company, will team up with chemical giant Tokuyama Corp. of Japan to open a joint venture ...
May 24, 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)
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Bio & Pharma
Sartorius to build $600 mn Korea facilities, open to more investment
Sartorius AG, a global pharmaceutical and laboratory equipment supplier, plans to spend $600 million on its first facilities in South Korea, about s...
May 18, 2023 (Gmt+09:00)
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Petrochemicals
Kumho Petrochem signs MOU with Japanese second-largest refiner
South Korea's Kumho Petrochemical Co. and Idemitsu Kosan Co., a Japanese refining and petrochemical company, announced on May 17 that they have sign...
May 17, 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