urban air transportation operating system
Scope
Date
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Batteries
Hyundai Glovis to build waste battery management in Jeju
South Korea's Hyundai Glovis Co. will establish a management system for used electric vehicle (EV) batteries in Jeju Island. The company anno...
May 16, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha wins fighter jet radar antenna deal from Leonardo
South Korean aerospace and defense contractor Hanwha Systems Co. is set to supply antennas for active electronically scanned array (AESA) radars to ...
May 14, 2024 (Gmt+09:00)
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Metaverse
LG Uplus unveils Yonsei Univ. Metaverse Campus
South Korea's LG Uplus Corp. announced on Tuesday that its university metaverse platform Uverse unveiled a dedicated metaverse campus called Meta Yo...
May 14, 2024 (Gmt+09:00)
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Airlines
T'way Air, CJ CheilJedang to collaborate on in-flight meals
South Korea's low-cost carrier T'way Air Co. announced on Monday that it signed a memorandum of understanding (MOU) with CJ CheilJedang Corp. on May...
May 14, 2024 (Gmt+09:00)
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Automobiles
Hyundai beats Volkswagen with world's 2nd-largest Q1 profits
South Korea's Hyundai Motor Group surpassed Volkswagen Group to claim the second-highest operating profit in the global automotive industry for the ...
May 13, 2024 (Gmt+09:00)
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Chemical Industry
SKC to build world's top biodegradable plastic plant in Vietnam
SKC Ltd., a chemicals arm of South Korea’s second-largest conglomerate SK Group, said on Sunday its biodegradable material unit has broken g...
May 12, 2024 (Gmt+09:00)
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Airlines
Jin Air to resume Incheon-Hong Kong route in July
South Korea's low-cost carrier Jin Air announced on Friday that it will resume flights on the Incheon to Hong Kong route on July 18.This marks the r...
May 10, 2024 (Gmt+09:00)
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Logistics
Samsung Welstory completes new Vietnam logistics center
South Korean food and beverage company Samsung Welstory announced on Thursday that it completed a new logistics center with a cold chain system in B...
May 09, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai unveils USV Tenebris in US
HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, announced on Thursday that it exhibited the model of its reconnaissance unma...
May 09, 2024 (Gmt+09:00)
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Beauty & Cosmetics
APR completes second factory in Pyeongtaek
South Korea's cosmetic and clothing company APR announced on Wednesday that it completed its second plant, the APR Factory Pyeongtaek 2 Campus. ...
May 09, 2024 (Gmt+09:00)
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Earnings
Korea Investment sees record quarterly net profit
Korea Investment & Securities Co. enjoyed a record quarterly net profit on the course to become the country's most profitable brokerage house ...
May 08, 2024 (Gmt+09:00)
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Corporate strategy
Woongjin reborn as IT solution company beyond education firm
Woongjin Co., better known as the home-study workbook brand Woongjin ThinkBig in South Korea, has been transforming into an information technology s...
May 07, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 participates in Malaysia's DSA 2024
South Korea's major defense system developer LIG Nex1 Co. announced on Tuesday that it's participating in the Defence Services Asia (DSA) 2024 exhib...
May 07, 2024 (Gmt+09:00)
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Energy
Qcells launches commercial operations at new plant in Georgia, US
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells in overseas markets, ha...
May 07, 2024 (Gmt+09:00)
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Bio & Pharma
S.Korean anti-obesity drugmakers eye niche demand
The global weight management market has entered a new chapter following the arrival of blockbuster weight-loss medication Wegovy, and South Korean l...
May 07, 2024 (Gmt+09:00)
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Travel & Leisure
Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul
Renowned global hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South Korea to launch new five-star luxury hotels in...
May 05, 2024 (Gmt+09:00)
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Business & Politics
Japan’s request for Naver to shed Line control ‘unprecedented': CEO
TOKYO – South Korea’s tech giant Naver Corp. said on Friday that Japan’s administrative guidance for Naver to sell down its contro...
May 03, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hankook Tire buys $1 bn Hanon Systems stake from Hahn & Co.
Hankook Tire and Technology Co. on Friday reached a preliminary agreement to buy 1.37 trillion won ($1 billion) worth of shares in Hanon Systems Cor...
May 03, 2024 (Gmt+09:00)
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Pension funds
NPS to hike risky asset purchases under simplified allocation system
The National Pension Service (NPS), South Korea’s state-run pension fund, is introducing a new simplified asset allocation guideline under whi...
May 02, 2024 (Gmt+09:00)
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Machinery
LS Electric wins $23 mn order for Thai railway signal system
South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...
May 02, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to build Jeju Hanwha Space Center
South Korea's Hanwha Systems Co. announced plans on Monday that it plans to establish the Jeju Hanwha Space Center in Jeju Special Self-Governing Pr...
Apr 30, 2024 (Gmt+09:00)
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Mergers & Acquisitions
STIC Investments to sell Korea’s top mobile coupon platform
Seoul-based private equity firm STIC Investments is set to sell Coop Marketing, South Korea’s largest mobile coupon platform company that oper...
Apr 30, 2024 (Gmt+09:00)
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Artificial intelligence
Vuno, Canon to target AI diagnostic market in Japan
South Korea's medical device startup Vuno announced on Monday that its Japanese partner M3AI signed a memorandum of understanding (MOU) with Canon M...
Apr 30, 2024 (Gmt+09:00)
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Corporate investment
Etech System attracts $130 mn investment
South Korea's integrated IT solution consulting company Etech System attracted an investment of 180 billion won ($130 million) from private equity f...
Apr 29, 2024 (Gmt+09:00)
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Steel
POSCO DX builds logstics system for fulfillment center
POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Monday that it established the first fulfillme...
Apr 29, 2024 (Gmt+09:00)
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Electric vehicles
Kakao joins hands with LG Uplus to enter EV charger market
Kakao Mobility Corp., South Korea’s largest taxi-hailing platform, is set to make inroads into the electric vehicle charging market by setting...
Apr 29, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM enhances maritime safety with AI technology
HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at b...
Apr 26, 2024 (Gmt+09:00)
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Batteries
Honda, POSCO Future M to build cell materials plant in Canada
Japan’s Honda Motor Co. and South Korea’s POSCO Future M Co. agreed to build a battery materials plant in Canada where the automaker wil...
Apr 26, 2024 (Gmt+09:00)
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Airlines
Korean Air to launch Incheon-Macau route in July
Korean Air Lines Co., the leading full-service airline in South Korea, announced on Friday that it will launch flights on the Incheon-Macau route st...
Apr 26, 2024 (Gmt+09:00)
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Airlines
MBK, Air Premia team up for Asiana’s cargo unit; Jeju Air exits
South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s ...
Apr 25, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet