logistics network
Scope
Date
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Artificial intelligence
SK Networks looks to triple operating profit by 2026 with AI
SK Networks Co., a South Korean trading and rental company actively investing in tech firms in recent years, will step up its efforts to transform i...
Feb 16, 2024 (Gmt+09:00)
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Executive reshuffles
Kang Shin-ho returns as CJ CheilJedang CEO to revive sagging sales
South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ CheilJedang Corp. and entertainment giant CJ E...
Feb 16, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus validates next-gen 5G SW platform tech
South Korea's LG Uplus Corp. announced on Thursday that it has completed the technology verification of next-generation software platforms with Eric...
Feb 15, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE teams up with Woodside, MOL on liquid hydrogen carrier
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is gearing up to develop and operate a vessel to ...
Feb 14, 2024 (Gmt+09:00)
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Real estate
Korean LPs eye industrial, logistics amid e-commerce growth
Global real estate will be the least-chosen asset class for South Korean institutional investors this year, according to a recent survey. Despite curr...
Jan 31, 2024 (Gmt+09:00)
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Venture capital
SK Networks ties up with US-based Bow Capital for investments
SK Networks Co., a South Korean trading company, joined hands with Silicon Valley-based venture capital firm Bow Capital for investment cooperation,...
Jan 31, 2024 (Gmt+09:00)
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Logistics
CJ Logistics, Saigon Co.op form partnership in Vietnam
South Korea’s CJ Logistics announced on Wednesday that it has formed a strategic partnership with Vietnamese state-owned retail chain giant ...
Jan 31, 2024 (Gmt+09:00)
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Aerospace & Defense
Huneed, DTC to co-work for military radio equipment
South Korea's Huneed Technologies announced on Tuesday that it has signed a teaming agreement with the UK-based Codan Communications DTC. The two c...
Jan 31, 2024 (Gmt+09:00)
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Future mobility
Hyundai Motor units join hands for logistics solutions
Hyundai Motor Group’s autonomous driving technology arm 42dot Inc. has joined hands with its sister companies Hyundai Glovis Co. and Hyundai C...
Jan 24, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea’s LS Group wins regulatory nod for securities biz
South Korea’s electrics components-to-energy conglomerate LS Group is set to start the securities business as it secured regulatory approval t...
Jan 18, 2024 (Gmt+09:00)
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Artificial intelligence
SK Networks invests $19 mn in AI startup Upstage
South Korea's SK Networks Co. announced on Friday that it has invested 25 billion won ($19.02 million) in the domestic artificial intelligence (AI...
Jan 12, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion to expand Yuflyma supply network in Europe
South Korea’s Celltrion Inc. announced on Friday that it will supply its biosimilar Yuflyma (active ingredient: adalimumab) for the treatment ...
Jan 12, 2024 (Gmt+09:00)
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Airlines
Korean Air, Japan’s Yusen to co-work for SAF
Korean Air Lines Co. has recently partnered with Japan-based global logistics company Yusen Logistics for a cargo sustainable aviation fuel (SAF) ...
Jan 10, 2024 (Gmt+09:00)
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Energy
Taihan Cable wins $42 mn order for power grid in Kuwait
South Korea's Taihan Cable & Solution Co. announced on Friday that it has won a $42 million turnkey project to build a 400kV ultra-high voltage ...
Jan 05, 2024 (Gmt+09:00)
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ESG
LG Uplus introduces eco-friendly packaging materials
South Korea's LG Uplus Corp. announced on Monday that it has introduced eco-friendly packaging materials for its network equipment to reduce carbon ...
Jan 02, 2024 (Gmt+09:00)
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Energy
Taihan Cable to build ultra-high voltage power grid in Germany
South Korea's Taihan Cable & Solution Co. won a 600 billion won ($463 million) turnkey project to build a 380 kV ultra-high voltage power transm...
Dec 27, 2023 (Gmt+09:00)
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Electronics
Samsung to release Galaxy Book3 Go 5G laptop
Samsung Electronics Co. will release the Galaxy Book3 Go 5G laptop, which supports 5G networks on Jan. 2. Next year.The device features a 14-inch LC...
Dec 27, 2023 (Gmt+09:00)
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Real estate
ESR KendallSquare REIT leads Korean logistics sector
ESR KendallSquare REIT, overseeing 18 advanced logistics centers across South Korea, adeptly handled challenges in the real estate sector this year....
Dec 25, 2023 (Gmt+09:00)
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Automobiles
Hyundai Movex to supply smart logistics for Hankook Tire US plant
South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, secured a $82 million contract to equip Hank...
Dec 08, 2023 (Gmt+09:00)
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Corporate investment
SK Networks to accelerate AI-led, startup investments
SK Networks Co. will accelerate its transformation into an artificial intelligence-led investment company from a general trading firm, its President...
Dec 08, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics eyes top spot in cobot market after Oct IPO
SUWON – South Korea’s Doosan Robotics Inc. is aiming for the top spot in the collaborative robot market excluding China, zooming in on t...
Dec 08, 2023 (Gmt+09:00)
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Supply chain
China’s urea halts raise specter of another logistics crisis in Korea
China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of a...
Dec 04, 2023 (Gmt+09:00)
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Real estate
AEW, Pebblestone buy Korean logistics center for $238 mn
Seoul-based Pebblestone Asset Management Co. and US real estate investor AEW Capital Management have completed the acquisition of a logistics ce...
Dec 01, 2023 (Gmt+09:00)
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Logistics
Hanjin to strengthen logistics for K-fashion brands
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Tuesday that it plans to strengthen Swoop, a logistics service o...
Nov 28, 2023 (Gmt+09:00)
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Energy
Taihan Cable to bid for power distribution network in UK
South Korea's Taihan Cable & Solution Co. announced on Friday that it signed a memorandum of understanding (MOU) with the global infrastructure ...
Nov 24, 2023 (Gmt+09:00)
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IPOs
CJ Logistics’ Indian operation Darcl taps IPO with SEBI
CJ Darcl Logistics, CJ Logistics Corp.'s Indian operation, is seeking to go public in the South Asian country to expand its footprint in the world&r...
Nov 23, 2023 (Gmt+09:00)
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Logistics
Hanjin to collaborates with China's AWOT in logistics
South Korea's Hanjin Transportation announced on Monday it pledged mutual cooperation with China's AWOT Global Corp. to enhance its logistics busine...
Nov 13, 2023 (Gmt+09:00)
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Corporate restructuring
SK Energy to spin off tank terminal business as new logistics firm
SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business t...
Nov 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver Band surpasses 5 million MAU in US
South Korea’s Naver Corp. announced Thursday the monthly active user (MAU) of its community social networking platform Naver Band surpassed 5 ...
Nov 09, 2023 (Gmt+09:00)
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Food & Beverage
SPC Samlip partners with H Mart to enter US market
SPC Samlip Corp, a unit of South Korea’s food and bakery giant SPC Group, announced on Thursday it signed a business agreement with H Mart, th...
Nov 09, 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