NPS commits $163 mn to Macquarie's sixth Korean buyout fund

NPS commits $163 mn to Macquarie's sixth Korean buyout fund

Macquarie Asset Management is aiming to close its sixth buyout fund in South Korea at a maximum of 1 trillion won ($775.6 million) by the first ha...

S.Korea’s petrochemical players boost plastic container recycling

S.Korea’s petrochemical players boost plastic container recycling

South Korea's major petrochemical companies have entered the sector for 100% recycled plastic containers through cooperation with food and cosmetics...

Hanwha Solutions, SK D&D team up for hydrogen fuel cell, solar power

Hanwha Solutions, SK D&D team up for hydrogen fuel cell, solar power

South Korea's Hanwha Solutions Corp. and SK D&D have signed a strategic memorandum of understanding (MOU) to jointly pursue hydrogen fuel cell...

POSCO sharply lifts 2030 battery materials sales targets

POSCO sharply lifts 2030 battery materials sales targets

South Korea’s POSCO Holdings Inc. on Tuesday sharply revised up its sales targets for rechargeable battery materials as it is aiming to join t...

S.Korea’s imports of LFP cathode reverses to growth after 8 years

S.Korea’s imports of LFP cathode reverses to growth after 8 years

South Korea's imports of cathode materials used to make lithium ferrophosphate (LFP) batteries in the first five months of this year rose for the fi...

S.Korea’s SKC seeks to sell fine ceramic business for $307 mn

S.Korea’s SKC seeks to sell fine ceramic business for $307 mn

SKC Ltd., a South Korean chemicals maker, is seeking to sell its fine ceramic business for an estimated 400 billion won ($307 million) as the unit o...

LG Electronics to offer energy-saving services in US

LG Electronics to offer energy-saving services in US

South Korea's LG Electronics Inc. is set to bring its auto demand response (DR) service to the US, utilizing its smart home platform, LG ThinQ, the ...

LG Uplus to enter fashion metaverse

LG Uplus to enter fashion metaverse

South Korea‘s LG Uplus Corp. has launched a fashion metaverse business, starting this month the clothing store Meta Slap, a digital service fo...

LG Elec Q2 profit misses forecast on costs; stocks tumble

LG Elec Q2 profit misses forecast on costs; stocks tumble

LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, ...

SKC acquires 45% stake in chip test firm ISC for $400 million

SKC acquires 45% stake in chip test firm ISC for $400 million

SKC Ltd., a South Korean chemical materials company, said on Friday it has acquired a 45% stake in semiconductor test equipment maker ISC Co., for 5...

Dior to open Tears capsule collection pop-up store in Seoul

Dior to open Tears capsule collection pop-up store in Seoul

Dior will open a pop-up store in Seoul's Seongsu-dong to commemorate the launch of the "Dior Tears capsule collection."This collection was created t...

Beauty markets in three NE Asian nations split into cheap, small luxury

Beauty markets in three NE Asian nations split into cheap, small luxury

The beauty markets of South Korea, China and Japan are split into cost-effective products of under $10 and "small luxury" items like premium perfume...

LG Energy triples lithium orders from SQM for US benefits

LG Energy triples lithium orders from SQM for US benefits

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, agreed to nearly triple lithium procurement from Sociedad ...

Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022

Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022

The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...

LG Electronics sets up 1st global R&D center in Indonesia

LG Electronics sets up 1st global R&D center in Indonesia

South Korean home appliance giant LG Electronics Inc. opened its first overseas research and development center in Indonesia on Thursday to accelera...

LG Electronics collaborates with German Playmobil for figurines

LG Electronics collaborates with German Playmobil for figurines

LG Electronics Inc. unveiled its collaboration with the famous German toy brand Playmobil on Thursday, creating home appliance figurines. South Kore...

Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn

Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn

Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...

Deal reached on LG-Stellantis battery plant subsidy; construction resumes

Deal reached on LG-Stellantis battery plant subsidy; construction resumes

All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...

Lunit participates in Saudi's SEHA Virtual Hospital project

Lunit participates in Saudi's SEHA Virtual Hospital project

South Korean medical AI company Lunit announced on Wednesday that it will participate in the "SEHA Virtual Hospital" project, a key initiative of Sa...

Hyundai unveils driverless shuttle at Korean National Assembly

Hyundai unveils driverless shuttle at Korean National Assembly

Hyundai Motor Co. has launched a pilot service of the RoboShuttle, a combination of artificial intelligence (AI) and autonomous driving technology, ...

SKC to invest $3.8 bn in secondary battery materials by 2025

SKC to invest $3.8 bn in secondary battery materials by 2025

South Korea's chemical material maker SKC will invest over 5 trillion won ($3.8 billion) in three sectors -- secondary batteries, semiconductors and...

Kia to begin EV battery subscription service pilot project

Kia to begin EV battery subscription service pilot project

South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...

LG Uplus releases ad with generative AI

LG Uplus releases ad with generative AI

South Korea’s third-largest mobile carrier LG Uplus Corp. on Tuesday unveiled the first video ad using generative artificial intelligence (AI)...

KPS to recycle waste batteries for Samsung Electronics

KPS to recycle waste batteries for Samsung Electronics

Segi Recycling Technology, aka Segi Retech, a secondary battery recycling subsidiary of South Korea's KPS Corporation, has entered the market for re...

Genesis GV80 to come with LG’s OLED auto display in close tie-up

Genesis GV80 to come with LG’s OLED auto display in close tie-up

Hyundai Motor Co.'s premium brand Genesis will be equipped with LG Display Co.'s organic light-emitting diode (OLED) automotive display for its...

Korea-China battery minerals tie-up mutually beneficial: CNGR chief

 Korea-China battery minerals tie-up mutually beneficial: CNGR chief

China and South Korea stand to mutually benefit by strengthening their partnership in the battery materials business amid tougher US regulations on ...

LG Uplus, Kakao Mobility to form EV charging JV

LG Uplus, Kakao Mobility to form EV charging JV

South Korea’s third-largest mobile carrier LG Uplus Corp. and transportation company Kakao Mobility announced on Monday their strategic allian...

POSCO Int'l to cut carbon emissions 37% by 2030

POSCO Int'l to cut carbon emissions 37% by 2030

South Korea's largest trading company POSCO International on Sunday said it officially declared its goal of achieving carbon neutrality by 2050 to b...

LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent

LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent

LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billio...

Samsung SDI gets carbon footprint certification

Samsung SDI gets carbon footprint certification

South Korea's Samsung SDI Co., the sixth-largest electric vehicle cell maker globally, announced on Friday that it has become the first secondary ba...

Korea Investment & Securities, UBP seek private banking partnership Maru SF to open in Silicon Valley in November as Korean startup gateway Hanwha-owned burger chain Five Guys Korea up for sale two years after launch HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make 1st South Korea visit in 11 years