next-generation hybrid system
Scope
Date
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Aerospace & Defense
LIG Nex1 participates in drone road show in Riyadh
South Korean leading defense company LIG Nex1 Co. took part in a drone-focused workshop "2023 Korea-Saudi Arabia Drone Road Show" in Riyadh, Saudi A...
Aug 30, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai seeks tech to produce clean hydrogen from food waste
Hyundai Motor Group is set to develop technology to produce clean hydrogen from food waste as the world’s third-largest automaker aims to ce...
Aug 29, 2023 (Gmt+09:00)
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Logistics
Doosan to provide logistics automation solutions to Nike Korea
Doosan Logistics Solutions Co. (DLS), a South Korean system integrator that provides turnkey solutions, announced on Tuesday that it has won Nike ...
Aug 29, 2023 (Gmt+09:00)
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Electronics
Samsung, LG join hands to connect smart home devices
Samsung Electronics Co. and LG Electronics Inc. are jointly developing an interoperable smart home system that enables their home appliance users to...
Aug 29, 2023 (Gmt+09:00)
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Energy
Dongkook Lifescience, Veolia team up for energy efficiency initiatives
Dongkook Lifescience Co., established through a spin-off from Dongkook Pharmaceutical Co. in May 2017, announced on Tuesday that it has entered into...
Aug 29, 2023 (Gmt+09:00)
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K-pop
K-pop rookies, fresh boost for Korean entertainment stocks
South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...
Aug 29, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI flies FA-50 fighter jets with pride at Radom Airshow
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is stepping up its defense export marketing efforts ...
Aug 28, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
SM Korealine gets self-sailing approval from Panama
SM Korealine Co., a unit of SM Group's maritime division, announced on Monday that its subsidiary Korealine LNG, has obtained approval for self-sail...
Aug 28, 2023 (Gmt+09:00)
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Pension funds
NPS likely to give full rights on asset managment to experts
The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, is poised to give investment experts full rights ...
Aug 25, 2023 (Gmt+09:00)
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Machinery
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...
Aug 24, 2023 (Gmt+09:00)
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Artificial intelligence
Doosan Robotics to develop GPT-based collaborative robots
Doosan Robotics, a subsidiary of South Korea's Doosan Group specializing in robot solutions, is venturing into the development of collaborative robo...
Aug 24, 2023 (Gmt+09:00)
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Corporate strategy
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...
Aug 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
A ship with AI engineers, deckhands?: HD KSOE makes it a reality
Artificial intelligence (AI) is now on everyone’s lips, and the shipping and shipbuilding industries are no exception to this global phenome...
Aug 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to raise $1.5 bn to boost warship business
South Korea's Hanwha Ocean Co. will secure 2 trillion won ($1.5 billion) in fresh capital through rights issues, the company said on Wednesday, as t...
Aug 23, 2023 (Gmt+09:00)
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Artificial intelligence
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...
Aug 23, 2023 (Gmt+09:00)
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Construction
POSCO E&C, LG to develop customized home appliances for remodeling
South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperat...
Aug 23, 2023 (Gmt+09:00)
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Automobiles
42dot gets vehicle cybersecurity certification
42Dot, a self-driving technology affiliate of Hyundai Motor Group, said on Tuesday that it received a certification of ISO/SAE 21434 Cyber Sec...
Aug 22, 2023 (Gmt+09:00)
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Korean stock market
MXene: Korean investors’ next target after superconductor craze fizzles
Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...
Aug 21, 2023 (Gmt+09:00)
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Automobiles
S.Korean hybrid car market surpasses $4.56 bn in H1 2023
South Korea's hybrid car market has shown a remarkable surge, reaching 6.12 trillion won ($4.56 billion) in the first half of 2023, according to the...
Aug 21, 2023 (Gmt+09:00)
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Energy
Daewoo E&C, KAERI to team up for nuclear tech research
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) announced on Friday that it signed a research collaboration memorandum of u...
Aug 18, 2023 (Gmt+09:00)
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Retail
S.Korea’s convenience stores sell bottled water without plastic labels
Convenience stores in South Korea now sell bottled water without plastic labels. The Korea Chamber of Commerce and Industry (KCCI) and Jeju Pro...
Aug 18, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion to merge with global sales affiliate by end-2023
South Korean pharmaceutical giant Celltrion Group has begun procedures to merge biopharmaceuticals developer and producer Celltrion Inc. with global...
Aug 17, 2023 (Gmt+09:00)
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Automobiles
Kia releases restyled mid-sized SUV, its facelifted 'new Sorento'
Kia Corp. has unveiled its new Sorento, a facelift of its fourth-generation sport utility vehicle (SUV). The company announced on Thursday that it w...
Aug 17, 2023 (Gmt+09:00)
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Korean startups
English tutoring startup Ringle accelerates service diversification
SILICON VALLEY – Ringle English Education Service, a South Korean startup operating a one-on-one English tutoring platform, is actively seekin...
Aug 16, 2023 (Gmt+09:00)
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Bio & Pharma
Korean C&R Research to set up US, Thai units for global biz
C&R Research Inc., South Korea’s top contract research organization (CRO), plans to establish units in the US and Thailand this year while...
Aug 14, 2023 (Gmt+09:00)
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Retail
SK Telecom's T deal sees 81.5% transaction amount increase in H1
South Korea's SK Telecom Co. announced on Monday that the transaction volume of its artificial intelligence (AI)-curated text commerce T deal in the...
Aug 14, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's CGBio gets FDA approval for spinal implant
CGBio, a South Korean bio-regenerative medical company, announced on Monday that its "Advanced LumFix spinal fixation system," an implant and surgic...
Aug 14, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to launch 5th-generation new Santa Fe
Hyundai Motor Co. is set to release the fifth-generation model of its midsize sports utility vehicle (SUV) Santa Fe on Wednesday. This marks a full ...
Aug 14, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Twelve Labs ranks among world's top 50 generative AI startups
South Korea’s Twelve Labs was included as the only Korean company in CB Insights’ first annual GenAI 50 ranking, a list of the world&rsq...
Aug 11, 2023 (Gmt+09:00)
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Machinery
S.Korea's Hanon Systems hits 'home run' with heat pump for EVs
Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second quarter in blowing awa...
Aug 11, 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