Hyundai Rotem unveils ultra-large servo press line
Hyundai Rotem, a subsidiary of Hyundai Motor Group and a South Korean railway system manufacturer, announced on Thursday that it held a demonstrat...
LG Group accelerates shift toward AI, bio and clean tech
Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...
LG aims to capture 50% of global luxury car display market by 2026
LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...
SK Telecom to enter generative AI market with large language model
SK Telecom announced on Wednesday that it will provide tailored generative AI services to businesses and public agencies using various advanced arti...
Young Poong, Lotte Global Logistics to form battery recycling supply chain
South Korea’s non-ferrous metal company Young Poong Co. has teamed up with Lotte Global Logistics Co. to form a supply chain system for recycl...
Samsung’ Galaxy Tab selected as top tablet in Australia
Samsung Electronics Co.'s tablet Galaxy Tab has secured the top spot in consumer satisfaction in Australia.According to Samsung Electronics on Monda...
BYD, KG Mobility in talks to build EV battery plant in Korea
BYD, the world’s No. 3 electric vehicle battery producer, and KG Mobility Corp., formerly Ssangyong Motor Co., are in talks to build a joint c...
LX Pantos, POSCO Flow to cooperate in global logistics
South Korea’s LX Pantos Logistics and POSCO Flow, formerly POSCO Terminal, will strengthen their cooperation in logistics for secondary batter...
Kia to revive Ray EV to kick start S.Korean city car market
Kia Corp., South Korea’s No. 2 automaker, aims to revitalize the local city car segment with the reintroduction of an electric version of the ...
POSCO Future M to produce nickel for cathodes in the Philippines
South Korean battery materials maker POSCO Future M Co. is set to produce nickel in the Philippines to boost its cathodes supplies and improve profi...
EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada
EcoPro BM Co., South Korea’s leading battery material producer, will invest $886 million jointly with SK On Co. and Ford Motor Co. to build a ...
SK On to expand domestic battery cell plant for $1.1 bn
SK On Co., a South Korean rechargeable battery maker, will make its largest-ever domestic facility investment of 1.5 trillion won ($1.1 billion) to ...
Falling mineral prices to hit Korean battery materials makers
South Korean battery materials makers are likely to report worsened profitability in the third quarter of this year as prices of lithium hydroxide a...
SK invests $100 mn in ChatGPT developer's rival Anthropic
South Korea’s SK Telecom Co. said on Sunday it has invested $100 million in the US startup Anthropic, a ChatGPT rival artificial intelligence ...
S.Korea's SK C&C enters battery sector with DNA Motors
South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...
LG Energy, Huayou Cobalt set up battery recycling JV in China
LG Energy Solution Ltd., the world’s No. 2 battery maker, and Zhejiang Huayou Cobalt Co., the global refined cobalt leader, have launched a ce...
SK Nexilis to sell copper foil to German battery maker Varta
South Korea’s SK Nexilis Co. is set to supply copper foil, core materials for electric vehicle cells, to German battery maker Varta AG, expand...
LG Energy Solution tops global EV battery market excluding China in H1
South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...
Indonesia vows support for LG-led $9.8 bn battery project
Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion electric vehicle battery...
Kakao to release super-large AI model, superapp
Kakao Corp. on Thursday announced that it will transform South Korea’s dominant mobile messaging app KakaoTalk into an AI-powered platform com...
Korea’s STX to build joint Indonesia nickel plant for EV cells
South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...
Hanwha Aerospace ventures into eco-friendly ship market
South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....
Global EV, battery sectors in war for talent acquisition
Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...
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...
China sets up battery JVs with S.Korea to bypass IRA
Chinese battery materials suppliers are rushing to expand their production bases in South Korea, mainly in partnership with domestic companies.Such ...
Super-large screens account for one third of Samsung’s TV sales
Samsung Electronics Co. announced that one out of every three of its Neo QLED and QLED TVs sold in South Korea between January and July this year fe...
Korea's HD KSOE to buy 35% stake in marine engine maker STX
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) is slated to acquire STX Heavy Industries Co. to make large engines for small-to-mid-siz...
SKC, Toyota Tsusho tie up for N.America battery materials
SKC Ltd., a South Korean chemicals maker, has joined hands with the trading unit of Japanese top automaker Toyota Group for the electric vehicle bat...
Battery recycling firms aim for 90% lithium recovery rates
A growing number of South Korean companies – from battery materials makers to power facilities builders – are jumping into the waste bat...
Doosan to enter EV sector with battery recycling business
South Korea’s major power plant builder Doosan Enerbility Co. plans to set up a battery recycling subsidiary, targeting the sector expecting r...
