power cut-off after charging completion
Scope
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Batteries
Doosan obtains certification on hydrogen batteries for drones
Doosan Mobility Innovation (DMI) said on Wednesday that its hydrogen fuel cell power pack DP30M2S product, which is mounted on hydrogen-fueled drone...
Dec 15, 2022 (Gmt+09:00)
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Samsung Group
Samsung suspends staff overseas training to cut costs
Samsung Group canceled overseas training for South Korean staff for the first time in 32 years as the country’s top conglomerate tried to cut ...
Dec 14, 2022 (Gmt+09:00)
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Energy
Hyundai Electric joins hands with GE to enter offshore wind power business
Hyundai Electric will advance into the offshore wind power market jointly with GE Renewable Energy.Hyundai Electric, an electric systems spinoff fro...
Dec 14, 2022 (Gmt+09:00)
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Artificial intelligence
ESTsoft completes construction of studio dedicated to AI virtual humans
South Korea's application software developer ESTsoft Corp. said on Tuesday that it has built a dedicated studio in its headquarters in Seoul's Gangn...
Dec 14, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Curious completes second Samsung Heavy drillship sale
South Korean private equity firm Curious Partners has recently completed selling an undelivered drillship constructed by Samsung Heavy Industries Co...
Dec 13, 2022 (Gmt+09:00)
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Artificial intelligence
Korean startup Mathpresso completes $59 mn Series C investment
Mathpresso, the company that operates the artificial intelligence (AI)-based learning platform Qanda, said on Tuesday that it has completed Series C...
Dec 13, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor enters Israeli market for hydrogen-powered trucks
Hyundai Motor Co. is expanding in the Middle East through the debut in Israel of its hydrogen fuel cell truck line Xcient. The carmaker on Tuesday ...
Dec 13, 2022 (Gmt+09:00)
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IPOs
Bionote slashs IPO price to 9,000 won, 50% lower than previous valuation
Everybody is aware that investment fever on biotech firms has already cooled due to rising interest rates and concerns over the fizzling economy, an...
Dec 13, 2022 (Gmt+09:00)
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Electric vehicles
EV charging service firm Scalardata attracts 3 bn won from GS Energy
Scalardata, a South Korean start-up running an electric vehicle (EV) charging infrastructure integration platform "evmodu.kr," announced on Monday t...
Dec 12, 2022 (Gmt+09:00)
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Energy
Doosan Enerbility gets int'l certification for offshore wind power system
South Korea's heavy industry company Doosan Enerbility Co. on Monday said it is Korea's first to receive international certification for an eight-me...
Dec 12, 2022 (Gmt+09:00)
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Bio & Pharma
New drug developer Onconic Therapeutics raises $20 mn in Series B
South Korean drug developer Onconic Therapeutics, announced on Friday that it raised 26 billion won ($19.9 million) in Series B funding, with cumula...
Dec 09, 2022 (Gmt+09:00)
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Logistics
Doosan Logistics clinches deal to build Daiso's new hub center
South Korean system integrator Doosan Logistics Solution (DLS) has won a deal to build a new distribution center at 75 billion won ( $57 million)....
Dec 08, 2022 (Gmt+09:00)
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Samsung Group
Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women
Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...
Dec 08, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor sells hydrogen-powered truck Xcient in S.Korea
Hyundai Motor Co. on Thursday said it launched sales of its hydrogen-powered fuel cell truck Xcient Fuel Cell in South Korea.The model is the worl...
Dec 08, 2022 (Gmt+09:00)
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Energy
Iljin Electric moves into DC power transmission device market
Iljin Electric, an integrated heavy electric device unit of South Korea's Iljin Group, will participate in the domestic MVDC (medium-voltage direct ...
Dec 08, 2022 (Gmt+09:00)
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Artificial intelligence
Twelve Labs secures $12 mn for AI-powered video analysis platform
Twelve Labs Inc., a South Korean artificial intelligence-powered video search platform developer, closed its seed extension round with an additional...
Dec 06, 2022 (Gmt+09:00)
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Artificial intelligence
Samsung, Naver agree to partner in developing next-gen AI semiconductor solutions
Samsung Electronics Co. and Naver Corp. have agreed to cooperate in developing next-generation AI semiconductor solutions optimized for artificial i...
Dec 06, 2022 (Gmt+09:00)
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Business & Politics
KT&G completes elementary school in Laos with employee donations
KT&G, South Korea's dominant tobacco company, announced on Monday that along with South Korea's non-profit organization Sharing Culture &a...
Dec 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. completes SKC's industrial film unit takeover for $1.2 bn
South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the industrial film business ...
Dec 05, 2022 (Gmt+09:00)
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Electric vehicles
Hankook Tire ties up with Chaevi for EV charging service
Korea’s leading tire maker Hankook Tire & Technology Co. and Daeyoung Chaevi, one-stop electric vehicle (EV) charging solution provider, s...
Dec 02, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems completes training center for Philippine Navy
Hanwha Systems Co. on Friday said it held a ceremony the day before to mark its completion of a combat system training center for the Philippine Nav...
Dec 02, 2022 (Gmt+09:00)
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Hydrogen economy
Doosan Enerbility develops amonia cracking technology for hydrogen power generation
South Korea's plant builder Doosan Enerbility plans to secure ammonia cracking technology which can be utilized for hydrogen co-fired power plants. ...
Dec 01, 2022 (Gmt+09:00)
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Batteries
Hyundai Mobis rolls out self-developed hydrogen-powered forklift
Hyundai Mobis has demonstrated a forklift powered by the company's self-developed hydrogen fuel cells, heightening prospects of the hydrogen mobilit...
Dec 01, 2022 (Gmt+09:00)
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Korean startups
Cento Ventures: High ROI of Korean startups still uncommon knowledge
When it comes to the global startup ecosystem, South Korean cities, including the capital Seoul, often do not come to investors’ minds before ...
Nov 30, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Korea adopts USB-C as unified connector for phone charging cable
The Korean government has released guidelines on its designation of USB-C as the unified national standard for charging and data transfer connectors...
Nov 30, 2022 (Gmt+09:00)
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Artificial intelligence
Vuno's AI-powered fundus reading solution approved for sale in Taiwan
Vuno Inc., a South Korean artificial intelligence-powered medical solutions provider, said on Tuesday that Vuno Med-Fundus AI has received marketing...
Nov 30, 2022 (Gmt+09:00)
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Construction
Hyundai Engineering completes Long Son plant project in Vietnam
South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...
Nov 28, 2022 (Gmt+09:00)
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Construction
Vietnam to get its first Korean-style industrial complex
A groundbreaking ceremony was held Friday for Vietnam's first Korean-style industrial complex, to be built in the country's northern Hung Yen Provin...
Nov 25, 2022 (Gmt+09:00)
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Energy
S.Korea to cut coal's share of energy usage to under 20% by 2030
The draft of the Korean government's 10th Basic Plan for Electricity Supply and Demand contains a clause on reducing coal generation's share of nati...
Nov 25, 2022 (Gmt+09:00)
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Energy
Hanwha Q CELLS to join EU project for cutting-edge solar batteries
Hanwha Q CELLS Co. on Thursday said it will join an R&D project for next-generation solar cells that has received 15 million euros (around 20 bi...
Nov 24, 2022 (Gmt+09:00)
Latest News
- 1 S.Korea eases path for foreign REITs in senior housing push
- 2 Koramco targets $7 bn bets on Korea data centers
- 3 Lotte Chemical, HD Hyundai seek big deal via merger of naphtha cracking facilities
- 4 South Korea accelerates stablecoin framework in global race
- 5 Lee vows policy overhaul to spur dividend payouts