Samsung mulls $17 billion Austin chip plant, seeks tax breaks

Samsung mulls $17 billion Austin chip plant, seeks tax breaks

Samsung Electronics Co. is seeking tax breaks of $805.5 million from the US state of Texas in return for a new $17 billion chip plant, which the Sou...

Hyosung, Linde to create world's largest liquid hydrogen plant

Hyosung, Linde to create world's largest liquid hydrogen plant

South Korea-based Hyosung Heavy Industries Corp. and global industrial gas supplier Linde plc. have agreed to establish the world's largest liquid h...

SK Hynix completes construction of its largest $3.14 bn chip plant

SK Hynix completes construction of its largest $3.14 bn chip plant

SK Hynix Inc. has completed the construction of its largest chip plant, which will use cutting-edge technology to produce memory semiconductors to m...

SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn

SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn

SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growi...

Samsung says fully ready for M&As; silent on US foundry plant

Samsung says fully ready for M&As; silent on US foundry plant

Samsung Electronics Co. is well-geared up to chase M&A deals and expand its facilities over the next three years to make full use of its cash ho...

SKC to spend $600 mn to build copper foil plant in Malaysia

SKC to spend $600 mn to build copper foil plant in Malaysia

South Korea’s SKC Ltd. will build its first overseas plant of copper foils in Malaysia for 650 billion won ($588 million), as the chemical mat...

Samsung remains tight-lipped on new US chip plant reports

Samsung remains tight-lipped on new US chip plant reports

Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...

Hyundai inks deal to build first overseas hydrogen fuel cell plant in China

Hyundai inks deal to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to en...

CJ Cheiljedang to set up food production plant in South Dakota

CJ Cheiljedang to set up food production plant in South Dakota

South Korea's food and beverage giant CJ CheilJedang Corp. will establish a food production plant that makes mandu in the 560,000 square meters of l...

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

South Korea’s SK Group has signed a $1.5 billion deal to acquire a controlling stake in US hydrogen fuel cell maker Plug Power Inc. and launch...

SK Innovation to raise $920 mn for US battery plant expansion

SK Innovation to raise $920 mn for US battery plant expansion

South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...

Hyundai Motor to build first overseas hydrogen fuel cell plant in China

Hyundai Motor to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...

Ssangyong Motor to briefly halt production at main plant

Ssangyong Motor to briefly halt production at main plant

South Korea’s Ssangyong Motor Co. is temporarily suspending production at its main plant due to disruptions of auto parts supplies from its co...

Doosan Heavy clinches $562 mn Guam power plant deal

Doosan Heavy clinches $562 mn Guam power plant deal

  Doosan Heavy Industries & Construction Co. has clinched an order to build a combined cycle power plant in Guam from a consortium of Kore...

Finhaven to launch world's first blockchain-powered exchange

Finhaven to launch world's first blockchain-powered exchange

Canada-based fintech startup Finhaven is set to launch Finhaven Private Markets, the world's first blockchain-powered securities exchange using digi...

SKC to build first overseas copper foil plant in Malaysia

SKC to build first overseas copper foil plant in Malaysia

SKC Ltd., a chemical materials maker of South Korea’s SK Group, is planning to more than quadruple its production capacity of copper foils, a ...

SK Innovation partners with EVE to launch third battery plant in China

SK Innovation partners with EVE to launch third battery plant in China

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

LG Chem to power Wuxi plant with renewable energy bought from China

LG Chem to power Wuxi plant with renewable energy bought from China

South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...

KEXIM to finance Korean firms' Mozambique LNG plant project

KEXIM to finance Korean firms' Mozambique LNG plant project

The Export-Import Bank of Korea (KEXIM) will provide $500 million in project financing to South Korean companies for their $550 million construction...

Samsung Engineering wins $1 bn Malaysia plant deal

Samsung Engineering wins $1 bn Malaysia plant deal

Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to build a methanol plant i...

SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot

SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot

SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...

S-Oil says at least 20 more years to go for oil-powered cars

S-Oil says at least 20 more years to go for oil-powered cars

The penetration of electric and hydrogen-powered vehicles into the transportation industry will unlikely become a major threat to refiners over the ne...

SK Hynix and other affiliates to become 100% powered by renewable energy

SK Hynix and other affiliates to become 100% powered by renewable energy

South Korea's SK Holdings Co., along with seven of its affiliates have submitted applications to join RE100, a global coalition of multinational compa...

Samsung heir Jay Y. Lee visits plants in Vietnam

Samsung heir Jay Y. Lee visits plants in Vietnam

Samsung Electronics Co. Vice Chairman Jay Y. Lee, currently in Vietnam, has toured its smartphone, TV and other electronics plants there, as the compa...

IMM PE seeks to exit Korean power cable maker

IMM PE seeks to exit Korean power cable maker

IMM Private Equity has put a majority stake in South Korea’s Taihan Electric Wire Co. up for sale to exit its investment of close to $300 mill...

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...

Hana Financial to fund Australia solar power project with $146 mn senior debts

Hana Financial to fund Australia solar power project with $146 mn senior debts

Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...

Hanwha Q Cells secures 315MW solar power, energy storage project in Portugal

Hanwha Q Cells secures 315MW solar power, energy storage project in Portugal

Hanwha Q Cells Co. has secured the right to generate half of the 700-megawatt power capacity put up for auction in Portugal, becoming the first compan...

Hyundai Heavy world's first in LNG-powered container launch

Hyundai Heavy world's first in LNG-powered container launch

South Korean shipbuilding giant Hyundai Heavy Industries Co. has launched the world’s first Very Large Container Ship (VLCS) powered by liquefie...

Samsung Biologics to double bioreactor capacity with $1.5 bn new plant

Samsung Biologics to double bioreactor capacity with $1.5 bn new plant

Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...

S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn shares   Seoul vows zero-tolerance measures against unfair stock trading K-style strikes back to win over China’s Gen Z with Musinsa at helm