Korea’s Samyang opens $22 mn surgical suture plant in Hungary
Samyang Holdings Corp., the world’s top biodegradable suture yarn manufacturer, completed the construction of a 28 billion won ($21.9 million)...
STX to promote lithium business with Chinese company
South Korea's general trading company STX announced on Wednesday its plans to accelerate its lithium business with a leading Chinese lithium produce...
Daesang to produce new eco-friendly material Cadaverine
Daesang Corp., South Korean manufacturer of food and pharmaceutical ingredients, announced on Wednesday that it has developed a new eco-friendly mat...
Samsung SDI, GM to build JV plant for EV batteries in Indiana
South Korea's major secondary battery maker Samsung SDI Co. and General Motors (GM) of the US will set up a joint venture (JV) plant for electric ve...
S.Korea launches its first offshore wind installation vessel
Hyundai Engineering & Steel Industries launched South Korea's premier offshore wind installation vessel, the Hyundai Frontier, on Tuesday. This ...
POSCO breaks ground on lithium hydroxide plant in S.Korea
POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker,held a groundbreaking ceremony on Tuesday to mark the commen...
Enemies at the door: Copycat Samsung plant in China
As Samsung Electronics Co. endeavors to cement its leadership in the semiconductor market, so its competitors are pulling out all the stops to toppl...
LG Uplus, Hyundai Elevator to launch AI-based management service
LG Uplus Corp. on Monday said it released Miri View, an artificial intelligence (AI)-based elevator passenger safety system developed with Hyundai E...
Samsung Heavy to establish R&D center in Busan
Samsung Heavy Industries is pushing forward with the establishment of a research and development (R&D) center in Busan. This move is part of the...
BlackRock buys $860 mn stake in S.Korean gas supplier
Global asset manager BlackRock has bought a 30% stake in South Korea’s industrial gas supplier AirFirst Co. for 1.11 trillion won ($860 millio...
Hyundai Mobis exceeds $770 bn in R&D investment in 2023
South Korea's car parts maker Hyundai Mobis is turning into a software-oriented mobility company by investing over 1 trillion won ($772.3 million)...
Hyundai Motor showcases future mobility in new Spider-Man film
Hyundai Motor Co. announced that it will showcase future mobility in collaboration with Sony Pictures Entertainment on the animation film Spider-Man...
US emerges key to Korea’s nuclear power plants exports to Saudi Arabia
Saudi Arabia, which is seeking to build two 1.4 gigawatts (GW) nuclear power plants, is demanding that the US allow uranium enrichment, according to...
Hyundai, SK battery JV may receive up to $700 mn in US grants
Hyundai Motor Co. and SK On Co. could receive up to $700 million in US tax breaks and grants for their electric vehicle battery plant under construc...
Samsung Biologics to double production by 2032; eyes ADCs, M&As
BOSTON – Samsung Biologics Co., the world’s No. 1 contract drugmaker, plans to more than double its total annual production capacity to ...
Team from KAIST wins Quadruped Robot Challenge of UK
A team from the Korea Advanced Institute of Science and Technology (KAIST) has won the Quadruped Robot Challenge of the UK, easily beating models fr...
Doosan Bobcat invests in US-based agtech company
Doosan Bobcat, the construction and agricultural machine making affiliate of South Korea’s Doosan Group, has announced on Wednesday a str...
POSCO-GM JV to double cathode output, build precursor plant
South Korean battery materials producer POSCO Future M Co. said on Friday it will inject 1 trillion won ($765 million) into its joint venture with G...
Riiid inks deal with ALC to expand its AI-based TOEIC platform in Japan
South Korean AI-powered edtech firm, Riiid, announced on Thursday it has partnered with ALC, a premier brand in the Japanese language education indu...
GC Biopharma wins contract to build blood products plant in Indonesia
GC Biopharma Corp., a South Korean pharmaceutical company, announced on Thursday that it has received approval from the Indonesian Ministry of Healt...
LG Energy to expand smart factory systems to N.America JVs
South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...
South Korean game developers expand business with IPs
South Korean game developers are expanding their business portfolios through their intellectual property to boost profits with a goal to create glob...
Hyundai E&C to develop future residential model All Life-care House
South Korea's Hyundai Engineering & Construction (Hyundai E&C) has announced plans to create a future residential model, the All Life-care H...
HD Hyundai Oilbank to build eco-friendly power plants
South Korea's HD Hyundai Oilbank is pursuing the construction of eco-friendly power plants powered by liquefied natural gas and blue hydrogen.The co...
SK Networks eyes partnership with US-based Bow Capital
SK Networks Co., a South Korean trading company, is seeking to form a partnership with Silicon Valley-based venture capital firm Bow Capital to dive...
LG Chem breaks ground on 4th cathode material plant in S.Korea
LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant to produce carbon nan...
Doosan Enerbility joins global fusion project ITER
South Korea’s Doosan Enerbility Co. will supply pressurizers to the global fusion project International Thermal Experimental Reactor (ITER) ...
POSCO Int'l secures graphite supply from Tanzania
South Korea's POSCO International has signed a deal on the supply of natural graphite to strengthen its battery raw materials unit.The company on ...
Korea’s first integrated car plant being transformed into Kia’s EV base
GWANGMYEONG, Gyeonggi Province -- Kia Corp.'s oldest integrated auto plant — which is also South Korea’s first of its kind — was c...
S.Korean treasury yields top base rate on hawkish BOK
South Korea’s three-year treasury bond yield topped the base rate for the first time in two months, after the Bank of Korea (BOK) warned again...
