Israel’s Nanox begins production of digital X-ray components in Korea
Nano-X Imaging Ltd. (Nanox), an Israeli startup listed on the Nasdaq last August, has started manufacturing digital X-ray components in South Korea....
Kolon expands hydrocarbon resins production, becomes global No.2 maker
South Korea’s chemicals and industrial materials maker Kolon Industries Inc. have added another 15,000 tons of annual capacity in its hydrocar...
Hyundai Santa Cruz to challenge Ford Maverick in US pickup market
Hyundai Motor Co.’s upcoming Santa Cruz pickup is challenging US truck giant Ford Motor Co.'s Maverick even before the South Korean automaker&...
CureVac may pick Korea as Asian base for COVID vaccine production
German biopharmaceutical company CureVac N.V. may choose South Korea as one of its global production bases for the COVID-19 vaccine following Korean...
Kakao enters insurance sector for synergy with its online platforms
Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...
Petroleum products rebound; Korea reaches all-time high April exports
Petroleum products become driving force behind South Korea's export market Exports of petroleum products turned positive this year, driving South K...
SK invests in the US 'turquoise' hydrogen maker Monolith Materials
SK Inc., the holding and investment company of SK Group, has made another big investment in the US hydrogen segment.On Jun. 3, SK said that it bough...
Global automakers accelerate EV push as chip shortage eases
Global auto companies are moving forward with their electric vehicle (EV) and other future mobility initiatives as the global semiconductor shortage...
Hahn & Co. acquires controlling stake in Namyang Dairy Products
South Korea’s private equity (PE) firm Hahn & Co. has acquired a controlling 53% stake in Namyang Dairy Products, acquiring all shares own...
China’s heavy imports of copper, steel scrap hurt Korean SMEs
South Korea’s massive exports of scrap steel and scrap copper to China are hurting its domestic companies that are struggling to secure the st...
Korean medical cosmetics firms make big rebound in Q1
South Korean medical cosmetics companies that underwent a tough year in 2020 are posting rejuvenated earning results thanks to s rise in demand in E...
SK Hynix push for takeover of Key Foundry to boost foundry production
SK Hynix Inc. is taking the first steps to take over South Korea-based Key Foundry, a move in line with recent remarks from Park Jung-ho, the SK Hyn...
SK Hynix starts mass production of high-performance SSDs
South Korea’s SK Hynix Inc. has begun the mass production of its latest high-performance solid-state drives (SSDs) amid intensifying competiti...
LG Chem expands carbon nanotube production with new plant
South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strengt...
SK, Kolon tie up on biodegradable plastic production
SK Global Chemical Co., a petrochemical subsidiary of SK Innovation Co., will produce biodegradable plastics together with chemical and textile heav...
Hyundai Oilbank, Air Products sign MOU to make hydrogen
Hyundai Oilbank Co., the oil refining unit under Hyundai Heavy Industries Holdings Co., has joined hands with US gas and chemical company Air Produc...
Korean battery shares tumble as VW gears up for in-house production
Shares of South Koreas’ major battery makers tumbled on Tuesday after Volkswagen AG announced it will gradually switch the type of batteries u...
Hyundai Motor to introduce batch production system at local plant
South Korea’s Hyundai Motor Co. is considering introducing a new factory idea for its major local plant aimed at better responding to rising m...
Qualcomm chip shortage may squeeze global smartphone production
The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world. ...
Qualcomm chip shortage may squeeze global smartphone production
The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world. ...
Graphene Square aims global with mass production of 'wonder material'
Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an e...
Hyundai Motor to ramp up fuel cell car production
South Korea-based Hyundai Motor Co. has decided to produce around 17,000 units of its hydrogen fuel cell electric vehicle (FCEV) this year, thrice t...
Renault vows action if Korean unit fails to improve productivity, cut costs
French auto giant Groupe Renault has warned of stern action against its struggling South Korean unit, urging it to improve productivity and cut cost...
GM Korea to cut production; carmakers call for govt action
The South Korean arm of General Motors Co. has become the country’s first automaker forced to cut production due to the global semiconductor c...
GM Korea to curb production as global chip shortages worsen
GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...
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...
K-startup products sweep CES 2021 innovation awards honors
A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...
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...
Korea rises as production hub for coronavirus treatments; darling of global pharmas
South Korea is emerging as a global production base for coronavirus vaccines and medicine thanks to its comprehensive production facilities alongside ...
Europe banks return to Korean brokerage market; target debt, alternative products
A growing asset size of South Korean institutional investors and soaring demand for overseas alternative assets have been prodding foreign banks, incl...
