Blind pool funds eclipse project funds for Korean asset managers
A growing number of South Korean asset management firms are preparing to launch their own blind pool funds for global real estate investments, which...
GM says it will recover $1.9 billion of Bolt-recall costs from LG
General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...
Hyundai-led autonomous industry association to launch in October
South Korea’s leading mobility company Hyundai Mobis Co. will be heading the country’s new industry association of autonomous driving ma...
Samsung makes industry’s smallest 14 nm DDR5 chip with EUV technology
Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it has begun mass production of the industry’s smallest 1...
S.Korea’s first homegrown space rocket Nuri set for October launch
South Korea will be the seventh country in the world to launch a space rocket with homegrown technologies. The long-awaited Nuri, or Korea Space Launc...
Samsung to make 2-nanometer GAA chips by 2025 to overtake TSMC
Samsung Electronics Co. said on Thursday it will be able to commercialize a 2-nanometer transistor process technology by 2025 to take on bigger foun...
SK, Plug Power launch JV to grab Asia’s hydrogen fuel cell market
SK Group’s city gas supplier SK E&S Co. said on Oct. 6 that it has officially kicked off the joint venture (JV) with the American hydrogen...
Portrai to revolutionize biopsy quality through AI technology
Biopsy is one of the most used methods to examine a person’s illness, taking a tissue sample of a patient for analysis. Usually, the samples a...
Hyundai Glovis launches ECOH brand for hydrogen, battery businesses
Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...
SK Innovation officially launches battery, E&P split-offs
South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...
With Hyundai’s Genesis GV60, your face is the key to unlock the door
If you own Hyundai Motor Co.'s latest premium electric crossover, the GV60, set for roll-out next month, you can just touch the handle and show your...
Korea’s NFTBank to launch NFT funds this year
The global market of non-fungible tokens (NFTs), blockchain-based tokens, which each represent a unique asset such as a piece of art, digital conten...
POSCO to lead global forum on next-generation steelmaking technology
POSCO will host an international forum next month with the world’s major steel and mining companies to develop greener steelmaking processes b...
KIC advised to invest in Europe's residential market
Europe's residential real estate market has stronger growth potential than the US housing facilities, given the growing preference among millennials...
Korea property startup Kasa to launch exchange in Singapore
Kasa Korea Co., a property investment platform, is set to expand its services to help global users invest in real estate in the world by obtaining l...
Batteries, chips strengthen US-Korea economic ties
Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...
Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking
Hyundai Steel Co. and Samsung Electronics Co. said on Monday they have developed technology that can recycle the chipmaker’s wastewater sludge...
LG Energy develops safer, long-lasting solid-state battery technology
South Korea’s LG Energy Solution Ltd. said on Friday the company and the University of California San Diego have jointly developed a next-gene...
LG Elec to start automotive cybersecurity business
South Korea’s LG Electronics Inc. is about to start automotive security business, expanding its car electronics technology portfolio by taking...
CJ enters 5-year marketing partnership with LA Lakers
South Korea’s CJ Cheiljedang Corp. will be sponsoring the Los Angeles Lakers (LA Lakers) as the first global partner of the American basketbal...
Hyundai Motor to start hydrogen popularization in 2040
Hyundai Motor Group, the world’s fifth-largest automaker, declared to make 2040 the first year of hydrogen energy popularizationThe group was ...
KB Fin, Shinhan invest in Sweden's wind farm via joint fund
South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...
Naver Cloud looks to join AWS, Microsoft as Asia's top cloud service provider
South Korea-based Naver Cloud Corp. is determined to become one of the key cloud service providers in Japan and Southeast Asian markets, following o...
SIA analyzes satellite data for companies, government and ESG
There are about 2,000 satellites in space, orbiting the earth and generating countless images without being confined to geographical boundaries. And...
SK, Group14 Technologies to build $726 mn battery material plant
SK Materials Co., the industrial gas manufacturing affiliate of SK Group, said on Tuesday it is jointly investing 850 billion won ($726 million) wit...
Volvo unveils new XC60 with SKT in-vehicle infotainment
An artificial intelligence personal assistant sets up a destination for a GPS navigation. The AI assistant texts others the estimated arrival time...
Korean conglomerates bet big on hydrogen, launch H2 council
South Korea’s major conglomerates are going big on hydrogen, launching a business council and investing heavily in related projects to gain th...
Daimler working with Korean EV battery makers
Daimler AG is working with South Korean battery makers, already using their technology for electric sport utility vehicles (SUVs) of Mercedes-Benz, ...
LG Chem unveils new cover window technology for foldable devices
LG Chem Ltd., the chemical unit of South Korea’s LG Group, said on Tuesday it has developed a new cover window that folds both ways – in...
Software giant Hancom joins space race with satellite launch
South Korean software and ICT conglomerate Hancom Group will be the first private company in the country to launch a micro-satellite, or a satellite...
