urban air transportation operating system
Scope
Date
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Aerospace & Defense
Hanwha Systems joins C-130H airplane modification project
Hanwha Systems Co. announced on Monday that it has been awarded a second contract by the Defense Acquisition Program Administration for the South Ko...
Jun 19, 2023 (Gmt+09:00)
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Automobiles
GM names Hector Villarreal as new CEO for S.Korean operations
General Motors (GM) on Friday named Hector Villarreal as the new president of GM Korea. After more than 40 years with the company, GM Korea Presiden...
Jun 16, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha to reveal S.Korean rocket Nuri, UAM techs in Paris
South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to showcase its cutting-edge technology, specifically those applied to home...
Jun 16, 2023 (Gmt+09:00)
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Soft Mold
Key facts Industry Mold manufacturing, injection molding Mainstay products/services Quick delivery molds (QDM), soft molds, injection mo...
Jun 16, 2023 (Gmt+09:00)
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Logistics
CJ Logistics, Evergreen sign agreement for logistics cooperation
South Korea's CJ Logistics has entered into mutual cooperation with the Taiwan-based global shipping company Evergreen Marine Corporation for the ...
Jun 16, 2023 (Gmt+09:00)
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Leadership & Management
Korea’s GS E&C holds first global HR conference in Mumbai
GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...
Jun 16, 2023 (Gmt+09:00)
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Insurance
Woori Bank Vietnam, Samsung Vina Insurance team up for bancassurance
South Korea's Woori Bank revealed on Thursday that its Vietnamese operation, Woori Bank Vietnam, has signed a property insurance business agreement ...
Jun 15, 2023 (Gmt+09:00)
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Artificial intelligence
KT's dietary management solution passes AI quality test
A South Korean artificial intelligence (AI) solution that analyzes and presents information on the type and nutritional content of food after a us...
Jun 15, 2023 (Gmt+09:00)
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Logistics
Hanjin to participate in operation of logistics center in Thailand
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Friday that it will open a 9,000-square-meter container freight ...
Jun 09, 2023 (Gmt+09:00)
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Future mobility
LG Uplus to use UAM to slash EMS transportation time
South Korea's internet service provider LG Uplus Corp. on Thursday said it signed an agreement with the municipal government of Jinju, South Gyeongs...
Jun 09, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE gauges carbon emitted over LNG ship's lifespan
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., is calculating the carb...
Jun 09, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells sweeps global solar energy industry awards
Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...
Jun 08, 2023 (Gmt+09:00)
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Electric vehicles
Polestar 3 to light up roads with headlamps of LG’s ZKW
The Polestar 3, an all-electric mid-sized sport utility vehicle, will be equipped with high-definition light-emitting diode (HD LED) headlights deve...
Jun 08, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea's Jeju Dream Tower Casino exceeds $7.6 mn in net monthly sales
Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., broke the 10 billion won ($7.6 m...
Jun 08, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea to ease regulations for foreign investor in domestic market
South Korea is set to raise the annual cap for individuals' overseas fund transfers without prior notice from $50,000 to $100,000, thereby easing th...
Jun 08, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to supply new Exynos auto chip to Hyundai in close tie-up
Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it will supply one of its latest automotive chips to Hyundai ...
Jun 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom displays cutting-edge network tech for smart battleships
South Korea's SK Telecom Co. is taking part in this year's International Maritime Defense Industry Exhibition (MADEX), which ends Friday, at Busan...
Jun 07, 2023 (Gmt+09:00)
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Airlines
Korean Air says it can conclude Asiana takeover via big concessions
The head of Korean Air Lines Co. has expressed confidence over the airliner's proposed acquisition of Asiana Airlines, saying, "We will make it happ...
Jun 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS, Honeywell collaborate on smart factory
LG CNS Co., the information technology service arm of LG Group, is enhancing production efficiency and security in smart factories through collabora...
Jun 07, 2023 (Gmt+09:00)
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Airlines
Korean LCC Air Premia to spur growth through IPO, more aircraft
Air Premia Inc., a South Korean low-cost carrier (LCC) that was established in 2017 and started flight operations last July, is gearing for fast gro...
Jun 05, 2023 (Gmt+09:00)
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Batteries
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...
Jun 01, 2023 (Gmt+09:00)
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Logistics
CJ OliveNetworks to build pharmaceutical distribution center
South Korean digital service company CJ OliveNetworks is accelerating its logistics center operations by teaming up with Pusan National University Y...
Jun 01, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy starts to construct ammonia test facility
South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has commenced the construction of an ammonia test facility at ...
Jun 01, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE to participate in EU's largest hydrogen transportation project
South Korea's HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding holding company of HD Hyundai Co. , is participatin...
May 31, 2023 (Gmt+09:00)
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Future mobility
KAI joins project to develop hydrogen-powered aircraft
South Korea's aerospace and defense company Korea Aerospace Industries Ltd. (KAI) on Wednesday said it joined a project of industry, academic and re...
May 31, 2023 (Gmt+09:00)
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Robotics
POSCO, LG Electronics to jointly build smart factory
POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory technology. The initi...
May 31, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to provide antijam radio to S.Korean military
South Korea's Hanwha Systems Co. announced on Wednesday that it has been selected as the preferred bidder for the Air-to-Ground Communication Radi...
May 31, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea to develop supercomputer for industrial use
South Korea is set to develop a supercomputer for industrial use as Asia’s fourth-largest economy lags far behind on the performance of such d...
May 31, 2023 (Gmt+09:00)
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Airlines
Air Busan targets record profit with more int’l flights
Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, ...
May 30, 2023 (Gmt+09:00)
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Automobiles
Schaeffler Korea to produce parts for hybrid cars, EVs
Schaeffler Korea Corp., the largest plain and roller bearing provider to automotive and industrial sectors in South Korea, is set to celebrate 70 ye...
May 30, 2023 (Gmt+09:00)
Latest News
- 1 MBK-invested Homeplus looks for new owner as M&A emerges as option
- 2 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 3 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 4 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 5 S.Korea eases path for foreign REITs in senior housing push