next-generation nuclear power plants
Scope
Date
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Energy
South Korea to develop gas-cooled reactor with POSCO, SK, Daewoo
South Korea has embarked on a 44.5 billion won ($32.3 million) project to jointly develop an advanced gas-cooled nuclear reactor with related domest...
Jul 31, 2024 (Gmt+09:00)
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Food & Beverage
Lotte India, Havmor to merge to raise $722.4 mn in sales
South Korean confectionery giant Lotte Wellfood Co. will merge its Indian subsidiaries — Lotte India Co. and Havmor Ice Cream Pvt — to b...
Jul 30, 2024 (Gmt+09:00)
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Construction
SGC E&C secures $92 mn chemical plant project in Malaysia
South Korea's SGC eTEC E&C Co. announced on Monday that it secured an additional chemical plant construction project in Malaysia worth 127.3 bil...
Jul 29, 2024 (Gmt+09:00)
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Petrochemicals
S-Oil halts fire-hit paraxylene plant, faces revenue loss
ULSAN, South Korea -- It looks inevitable that S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will take a substantial revenue hit from...
Jul 29, 2024 (Gmt+09:00)
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Korean startups
Colosseum poised for next leap with global expansion drive
Colosseum Corporation Inc., a fulfillment startup based in South Korea, has set its sights on global conquest with its nationwide and international ...
Jul 29, 2024 (Gmt+09:00)
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Electronics
HD Hyundai Electric expands power transformer facility in Alabama
HD Hyundai Electric Co., an energy solution provider under South Korean shipbuilder HD Hyundai, said on Sunday it completed a 12,690-square-meter st...
Jul 29, 2024 (Gmt+09:00)
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Retail
E-Mart’s No Brand success story: A Korean snack chain goes global
When South Korean convenience store operator E-Mart Inc. launched its low-budget house label No Brand in 2015, few thought it would last long.Under ...
Jul 26, 2024 (Gmt+09:00)
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Energy
Taihan Cable wins $137 mn long-term contract in US
South Korea's Taihan Cable & Solution Co. announced on Thursday that its US sales subsidiary T.E.USA has secured a long-term contract worth 190 ...
Jul 25, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung tipped to supply HBM3 to Nvidia for Chinese market
Samsung Electronics Co. has passed Nvidia Corp.’s qualification tests for its fourth-generation high-bandwidth memory, or HBM3 chips, for use ...
Jul 24, 2024 (Gmt+09:00)
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Batteries
Lotte Infracell, Constellium sign anodic film supply contract
South Korea's Lotte Infracell announced on Wednesday that it signed a long-term supply contract for anodic film raw materials with Constellium SE,...
Jul 24, 2024 (Gmt+09:00)
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Business & Politics
KOMIPO wins Indonesia turbine maintenance project
Korea Midland Power Co. (KOMIPO) announced on Tuesday that a consortium consisting of its Indonesian subsidiary, KOMIPO Energy Indonesia (KEI), an...
Jul 24, 2024 (Gmt+09:00)
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Electronics
Samsung shifts to MediaTek for Galaxy Tab S10 chipsets
Samsung Electronics Co. will use MediaTek Inc.’s high-end application processor (AP) Dimensity 9300+ instead of Qualcomm's Snapdragon chipsets...
Jul 23, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion’s new plant in Songdo poised for commercial production
South Korea’s largest biosimilar maker Celltrion Inc. said on Tuesday that its third plant in Sondgo, west of Seoul, is undergoing process val...
Jul 23, 2024 (Gmt+09:00)
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Energy
High power bills drive Korean manufacturers out of country
South Korean manufacturers are increasingly moving abroad as the country's electricity bills are hovering about 30% higher than those of major eco...
Jul 23, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung sets sights on next-generation memory CXL DRAM
South Korean tech giant Samsung Electronics Co. is setting its sights on next-generation memory technology, dubbed CXL, to lead the artificial intel...
Jul 18, 2024 (Gmt+09:00)
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Electronics
Slimming wars: Samsung aims to launch 7 mm foldable smartphone
When Samsung Electronics Co. unveiled its latest iteration of foldable smartphones – the Galaxy Z Flip6 and the Z Fold6 – at the Unpacke...
Jul 18, 2024 (Gmt+09:00)
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Retail
More luxury brands seek Korean market on sales surge
South Korea’s luxury goods market, estimated at around $7.1 billion, is experiencing a surge in demand led by affluent consumers in their 40s ...
Jul 16, 2024 (Gmt+09:00)
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Automobiles
Renault Korea begins mass production of Grand Koleos
Renault Korea announced on Tuesday that it has started mass production of the D-segment hybrid sports utility vehicle (SUV) New Renault Grand Koleos...
Jul 16, 2024 (Gmt+09:00)
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Energy
POSCO E&C, KAERI to collaborate on HTGR techs
South Korea's POSCO E&C said on Monday that it signed a memorandum of understanding (MOU) with the Korea Atomic Energy Research Institute (KAERI...
Jul 16, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung OS Tizen embedded in Loewe TV Stellar to rival Google, Apple
Samsung Electronics Co.'s open-source smart TV operating system Tizen will be embedded in German premium TV brand Loewe’s latest model St...
Jul 16, 2024 (Gmt+09:00)
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Korean stock market
Korean stocks linked to a Trump victory soar after shooting
Investors in the South Korean stock market rushed to stocks seen as connected to former US President Donald Trump on Monday, such as construction, n...
Jul 15, 2024 (Gmt+09:00)
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Artificial intelligence
Lotte Dept. Store introduces AI for internal operations
South Korea's Lotte Department Store announced on Sunday that it will introduce artificial intelligence (AI) across all internal operations, aiming ...
Jul 15, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to cut CO2 emissions from ships with smart lighting
Hanwha Ocean Co., South Korea's third-largest shipbuilder, said on Friday it has won an approval in-principle (AIP) certificate from Korean Register...
Jul 12, 2024 (Gmt+09:00)
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Insurance
Kyobo Lifeplanet, FWD Hong Kong to collaborate on GenAI
South Korea's Kyobo Lifeplanet Life Insurance Co. announced on Friday that it signed a memorandum of understanding with Hong Kong-based insurer FWD ...
Jul 12, 2024 (Gmt+09:00)
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Energy
Hanwha Q Cells gets solar power plant order in Colorado
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Thursday that it has secured a large-scale sola...
Jul 12, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai qualifies to compete for US Navy MRO
South Korea's HD Hyundai Heavy Industries Co. announced on Thursday that it signed a Ship Maintenance Relations Agreement (MSRA) with the US Navy. I...
Jul 12, 2024 (Gmt+09:00)
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Metaverse
S.Korea's RaonSecure establishes metaverse subsidiary
South Korean cybersecurity firm RaonSecure Co. announced Wednesday it established RaonMeta, a generative AI-based metaverse platform subsidiary. Rao...
Jul 11, 2024 (Gmt+09:00)
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Electronics
Samsung’s new AI Galaxy devices: Lighter, smarter and more powerful
PARIS – Samsung Electronics Co.'s Galaxy Unpacked event this summer is mind-boggling. The South Korean tech giant’s new AI-featured devi...
Jul 10, 2024 (Gmt+09:00)
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Machinery
Hyundai Rotem leads manufacture of next-generation railway
CHANGWON, South Gyeongsang Province – Engineers at Hyundai Rotem Co.'s rolling stock factory in South Korea have their hands full manufacturin...
Jul 10, 2024 (Gmt+09:00)
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ESG
Samsung boosts renewable energy in Vietnam facilities
Samsung Electronics Co. said on Wednesday its Vietnam facilities will ramp up eco-friendly operations by directly purchasing renewable energy under ...
Jul 10, 2024 (Gmt+09:00)
Latest News
- 1 Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma
- 2 SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals
- 3 South Korea unveils $14.6 billion 2nd extra budget to reinvigorate economy
- 4 Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds
- 5 POSCO inducted into World Steel Dynamics’ Hall of Fame