Korea’s Kia to set up sales unit in Thailand; EV plant an option

Korea’s Kia to set up sales unit in Thailand; EV plant an option

South Korea’s second-largest automaker Kia Corp. plans to establish a sales subsidiary in Thailand as part of its electric vehicle push in the...

Hyundai Motor to invest $845 million to expand India’s Talegaon plant

Hyundai Motor to invest $845 million to expand India’s Talegaon plant

South Korea’s top automaker Hyundai Motor Co. will invest 70 billion Indian rupees ($845 million) to expand and upgrade its Indian car manufac...

LG Elec opens its first overseas EV charger plant in Texas

LG Elec opens its first overseas EV charger plant in Texas

South Korea’s LG Electronics Inc. has opened its first overseas EV charger factory in Fort Worth, Texas. The move comes as the global home app...

Ssangyong E&C wins $57 million deal to build solar cell plant in Haiti

Ssangyong E&C wins $57 million deal to build solar cell plant in Haiti

South Korea’s Ssangyong Engineering & Construction Co. (Ssangyong E&C) said on Tuesday it has won a $57 million deal to build a 12-meg...

LG Display unveils brightest OLED TV panel for turnaround

LG Display unveils brightest OLED TV panel for turnaround

LAS VEGAS, NV -- LG Display Co., the global leading manufacturer of large-size organic light-emitting diode (OLED) panels, introduced the industry&r...

Hanwha to develop own gas turbine engine for future growth

Hanwha to develop own gas turbine engine for future growth

CHANGWON, South Gyeongsang Province – Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is set to double its local gas turb...

Hyundai, Kia’s tech sets them apart with record hybrid vehicle sales

Hyundai, Kia’s tech sets them apart with record hybrid vehicle sales

Like their global peers, Hyundai Motor Co. and affiliate Kia Corp. recently turned their sights back to hybrid vehicles as electric vehicle uptakes ...

SGC eTEC E&C wins $160 mn plant order in Malaysia

SGC eTEC E&C wins $160 mn plant order in Malaysia

South Korea's SGC eTEC E&C Co. said on Tuesday it has won a 204.7 billion won ($158 million) order to build epichlorohydrin (ECH) and chlor-alka...

Hankook vows to prevent hostile bids after MBK tender offer fails

Hankook vows to prevent hostile bids after MBK tender offer fails

Hankook & Company Co., the holding company of South Korea’s largest tire maker Hankook Tire & Technology Co., said on Tuesday it will ...

LG Energy Solution Vertech wins 10GWh ESS projects in the US

LG Energy Solution Vertech wins 10GWh ESS projects in the US

LG Energy Solution Vertech Inc., a Texas-based energy storage system (ESS) supplier, has secured a combined 10-gigawatt hours (GWh) of grid-scale ba...

LG Chem breaks ground on its 1st US cathode plant

LG Chem breaks ground on its 1st US cathode plant

CLARKSVILLE, TN – South Korea’s No. 1 chemical maker LG Chem Ltd. striving to become a leading global battery materials player broke gro...

Hyundai to sell Russian car plants at about $100 for exit

Hyundai to sell Russian car plants at about $100 for exit

Hyundai Motor Co., South Korea’s top carmaker, has decided to sell its plants in Russia for only about $100 to a local company although it has...

OCI signs $1 billion polysilicon supply deal with US solar firm CubicPV

OCI signs $1 billion polysilicon supply deal with US solar firm CubicPV

OCI Holdings Co., a leading South Korean chemical and green energy company, said on Tuesday it has clinched a $1 billion deal to supply polysilicon ...

Samsung, ASML to build joint research plant in Hwaseong

Samsung, ASML to build joint research plant in Hwaseong

Samsung Electronics Co. and ASML Holding NV plan to build their joint research plant in Dongtan township in Hwaseong, South Korea, in which the me...

CJ Foodville attracts $54 mn investment from Arges PE

CJ Foodville attracts $54 mn investment from Arges PE

CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of bakery brand Tous les Jours announced on Thursday that it at...

SK Ecoplant completes battery recycling plant in China

SK Ecoplant completes battery recycling plant in China

South Korea’s SK Ecoplant announced on Wednesday that it completed a battery recycling plant in the Yancheng Economic and Technological Develo...

Cho Yang-rai to fight back in MBK Partners’ bid to acquire Hankook Tire

Cho Yang-rai to fight back in MBK Partners’ bid to acquire Hankook Tire

Cho Yang-rai, honorary chairman of Hankook & Company Co., has vowed to fight MBK Partners Ltd.’s bid to take over the holding company of S...

Hyundai, Kia unveil snow tire-transforming technology

 Hyundai, Kia unveil snow tire-transforming technology

Hyundai Motor Co. and Kia Corp. unveiled a tire technology that can transform regular tires into snow tires with the simple push of a button, the co...

Hyundai Movex to supply smart logistics for Hankook Tire US plant

Hyundai Movex to supply smart logistics for Hankook Tire US plant

South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, secured a $82 million contract to equip Hank...

GC Biopharma breaks ground on blood product plant in Indonesia

GC Biopharma breaks ground on blood product plant in Indonesia

South Korea’s GC Biopharma Corp. broke ground on Wednesday on Indonesia’s first blood product plant through technology transfer.Indonesi...

POSCO starts building industrial gas facilities in Pohang

POSCO starts building industrial gas facilities in Pohang

South Korea’s top steelmaker POSCO started to construct an industrial gas production facility with a capacity of 250,000 tons at its seconda...

Sibling rivalry for Hankook Tire control takes new turn as MBK steps in

Sibling rivalry for Hankook Tire control takes new turn as MBK steps in

The sibling rivalry for management control of Hankook Tire & Technology Co., South Korea’s top tire maker, has taken another turn as the e...

Access Bio opens second plant in New Jersey

Access Bio opens second plant in New Jersey

The US-based in-vitro diagnostic device company Access Bio Inc. announced on Monday that it opened its second factory in Monroe Township, New Jersey...

Kumho Petrochemical accelerates CCUS push with CO2 capture plant

Kumho Petrochemical accelerates CCUS push with CO2 capture plant

Kumho Petrochemical Co., South Korean petrochemical major, is accelerating its inroads into the carbon capture, utilization and storage (CCUS) marke...

EcoPro BM hits $34 billion jackpot to supply cathodes to Samsung SDI

EcoPro BM hits $34 billion jackpot to supply cathodes to Samsung SDI

EcoPro BM Co. has signed a 44 trillion won ($34 billion) to supply cathodes to Samsung SDI Co. for five years, deepening their alliance and betting ...

POSCO completes construction of Korea’s 1st lithium hydroxide plant

POSCO completes construction of Korea’s 1st lithium hydroxide plant

POSCO Holdings Inc., the investment and holding company of South Korea’s steel giant POSCO, said on Wednesday it has completed the constructio...

Sodium-ion batteries emerge as alternative to lithium, LFP batteries

Sodium-ion batteries emerge as alternative to lithium, LFP batteries

Sodium-ion batteries (SIBs) are emerging as an alternative to lithium-ion batteries, currently dominating the rechargeable battery market for electr...

L&F to invest $1.9 bn to build key battery materials plants

L&F to invest $1.9 bn to build key battery materials plants

DAEGU, South Korea – L&F Co., South Korea’s major cathode supplier seeking to transform into a comprehensive battery materials produ...

Hyundai Motor signs Korea’s largest PPA deal to go carbon neutral

Hyundai Motor signs Korea’s largest PPA deal to go carbon neutral

South Korea’s top automaker Hyundai Motor Co. said on Thursday it has signed a power purchase agreement (PPA) with Hyundai Engineering & C...

Hyundai to build EV battery pack plant in India by 2025

Hyundai to build EV battery pack plant in India by 2025

South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August