KHNP closes in on final deal to build nuclear plant in Poland: PGE CEO

KHNP closes in on final deal to build nuclear plant in Poland: PGE CEO

Korea Hydro and Nuclear Power Co. (KHNP) and its counterparts are now in a situation where most conditions have been met to allow them to sign a bin...

POSCO Future M to inject $461 mn to bulk up cathode production

POSCO Future M to inject $461 mn to bulk up cathode production

POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., said on Monday it has decided to invest 614.8 billion won ($460.5 millio...

LG Elec gets open-source software security certification

LG Elec gets open-source software security certification

South Korean electronics giant LG Electronics Inc. announced on Friday that it has been recognized as a company that complies with the "Internationa...

Samsung Heavy forms int'l consortium to make nuclear plants at sea

Samsung Heavy forms int'l consortium to make nuclear plants at sea

South Korea's Samsung Heavy Industries (SHI) and Korea Hydro & Nuclear Power (KHNP) and Denmark's Seaborg Technologies on Friday announced their...

Hankook Tire to cut workforce at fire-hit Daejeon plant

Hankook Tire to cut workforce at fire-hit Daejeon plant

Hankook Tire & Technology Co., South Korea’s largest tire maker, will cut its workforce at the fire-hit production complex in Daejeon thro...

POSCO Future M to issue $226 mn Korean green bonds

POSCO Future M to issue $226 mn Korean green bonds

South Korea's battery component maker POSCO Future M Co. (formerly POSCO Chemical) announced on Friday that it will issue 300 billion won ($226 mill...

HD Hyundai develops S.Korea's first offshore supply base for ammonia

HD Hyundai develops S.Korea's first offshore supply base for ammonia

HD Hyundai Co., the largest shipbuilding conglomerate in South Korea on Wednesday said it developed for the first time in the country a vessel for s...

Samsung unveils HealthStack at US healthcare tech exhibition

Samsung unveils HealthStack at US healthcare tech exhibition

Samsung Electronics Co. announced on Tuesday that it will showcase Samsung HealthStack ver. 1.0 at the "2023 HIMSS Global Health Conference & Ex...

Korail wins $13 million consulting project for Philippines' railway

Korail wins $13 million consulting project for Philippines' railway

South Korea's state-run railway company Korea Railroad Corporation (Korail), announced on Monday that it has secured a consulting contract to manage...

IGIS, KKR delay plan to set up Seoul-based real estate JV

IGIS, KKR delay plan to set up Seoul-based real estate JV

IGIS Asset Management Co., the largest real estate investment firm in South Korea, and US private equity giant KKR & Co. have indefinitely postp...

S.Korea to dispatch key minerals investigation teams to Chile, Argentina

S.Korea to dispatch key minerals investigation teams to Chile, Argentina

South Korean government will dispatch a public-private partnership key minerals business survey team to Chile and Argentina to revitalize overseas r...

GS Group's petrochem equipment unit eyes up to $154 mn via pre-IPO

GS Group's petrochem equipment unit eyes up to $154 mn via pre-IPO

GS Entec Corp., a South Korean equipment maker for petrochemical and power plants, is set to raise 150 billion to 200 billion won ($115 million-$154...

S.Korea, Kazakhstan to expand cooperation on mineral resource

S.Korea, Kazakhstan to expand cooperation on mineral resource

South Korea's Minister of Trade, Industry and Energy Lee Chang-yang and Kazakhstan's first deputy prime minister Roman Sklyar, held a meeting in Seo...

Korea must nurture chip materials, parts, facilities: Jusung

Korea must nurture chip materials, parts, facilities: Jusung

South Korea needs to nurture its materials, parts and facilities industries to keep competitiveness in the semiconductor sector, said the chief exec...

Hyundai E&C, Samsung C&T to jointly establish construction robot ecosystem

Hyundai E&C, Samsung C&T to jointly establish construction robot ecosystem

Hyundai Engineering & Construction and Samsung C&T Corp.'s construction unit andannounced on Tuesday that they have signed a strategic bus...

LG CNS, Microsoft to jointly develop new ChatGPT-based services

LG CNS, Microsoft to jointly develop new ChatGPT-based services

South Korea’s largest cloud computing service provider LG CNS Co. announced on Tuesday that it will strengthen its strategic partnership with ...

S.Korean corporate investment in Vietnam plunges 70% in first quarter

S.Korean corporate investment in Vietnam plunges 70% in first quarter

South Korean corporate investment in Vietnam, which has led the economic development of the Southeast Asian nation, has plunged this year due to fac...

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Electric Co., the electrical power equipment and energy solution affiliate of South Korean conglomerate HD Hyundai Co. Group, on Friday s...

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...

LS Electric wins order $94 mn for energy storage system in UK

LS Electric wins order $94 mn for energy storage system in UK

LS Electric Co. announced on Tuesday that it has secured a contract for a £73.6 million ($93.5 million) energy storage system (ESS) project in...

Foreigners can enter S.Korean casino without physical passport

Foreigners can enter S.Korean casino without physical passport

Visitors to South Korea will be able to enjoy tax-free shopping and casino experiences with ease, thanks to the mobile passport identity verificatio...

Hyundai Mipo wins $184 mn order four mid-sized PC carriers

Hyundai Mipo wins $184 mn order four mid-sized PC carriers

Hyundai Mipo Dockyard Co., a subsidiary of HD Hyundai Group's shipbuilding division, has secured a construction contract for four medium-sized PC (p...

Naver to aid in Saudi’s digital transformation, green light for Neom deal

Naver to aid in Saudi’s digital transformation, green light for Neom deal

South Korea’s online business giant Naver Corp. said on Thursday it has signed an initial agreement with the Saudi Arabian government to assis...

Dongkuk Steel installs solar power generation facility at Pohang plant

Dongkuk Steel installs solar power generation facility at Pohang plant

Dongkuk Steel Mill Co., the world's leading manufacturer of color-coated steel, announced on Wednesday that it has installed a 10-megawatt solar pow...

POSCO Int'l expands into bioplastic recycling business

POSCO Int'l expands into bioplastic recycling business

POSCO International, a subsidiary of South Korea's steel-making-oriented POSCO Group, announced on Wednesday its entry into the biodegradable biopla...

CJ CheilJedang signs ESG agreement with Jincheon County in Korea

CJ CheilJedang signs ESG agreement with Jincheon County in Korea

South Korea's largest food company CJ CheilJedang Corp. announced on Monday that it has signed a business agreement with Jincheon County in North Ch...

S.Korea's microneedle maker Raphas to enter US market

S.Korea's microneedle maker Raphas to enter US market

South Korea's microneedle maker Raphas Co. is expediting its entry into the American pharmaceutical market after entering the country's cosmetics se...

Korea's Hyundai E&C, KHNP to promote clean hydrogen projects

Korea's Hyundai E&C, KHNP to promote clean hydrogen projects

Hyundai Engineering & Construction Co., a major construction contractor in South Korea, signed on March 24 a memorandum of understanding (MOU) w...

LG Energy to build $5.6 billion battery complex in Arizona

LG Energy to build $5.6 billion battery complex in Arizona

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday it is investing 7.2 trillion won ($5.6 billion) to build a b...

Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push Korean waste management firm Koentec on market for $730 mn US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement