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...
Korean refiners eye strong 2022 earnings as margins improve
Asia’s benchmark refining margin is staging a rebound, providing relief for South Korea’s oil companies, which now expect their full-yea...
GM Korea to shut one production line to focus on small cars
General Motors Co. plans to shut down a production line in South Korea as the US automaking giant aims to focus on manufacturing small cars in the c...
LG Display develops invisible speaker for automobiles
South Korea's LG Display on Monday said it has developed an in-vehicle sound solution that uses screen vibrations to produce sound, and that the dev...
SK Lubricants rebrands with name change as SK Enmove
SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...
YouGov ranks Samsung Elec. as world's top brand, ahead of Google
Samsung Electronics Co. is the world’s top brand with a score of 127, according to research firm YouGov’s Global Best Brand Rankings for...
FTX implosion disrupts interest issuance by GOPAX product
The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...
Hyundai Glovis joins hands with Lion Group to move into Malaysian logistics market (edited)
Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...
Samsung, LG products sweep CES 2023 innovation awards
South Korea’s two largest home appliance makers – Samsung Electronics Co. and LG Electronics Inc. – have swept a record number of ...
LG Elec to launch total care service for home appliances
LG Electronics Inc., the world’s top home appliance maker, is launching a total care service for products in South Korea to enhance after-sale...
Pulmuone to double pasta production in China by expanding plant
South Korea's food giant Pulmuone on Monday said it will boost production of pasta-based convenience food in China by expanding its first plant in P...
SK Nexilis develops copper foil for cylindrical batteries
South Korea's SK Nexilis, a maker of copper foil for secondary cells under SKC Inc., has achieved a world first with its development of a highly elo...
CJ CheilJedang builds up future food materials business
CJ CheilJedang, following an organizational reshuffle, will focus on the development of future food such as food ingredients and alternative protein...
LG Energy Solution diversifies supply chains to respond to US IRA
LG Energy Solution Ltd. has made a preemptive response to the Inflation Reduction Act of the US by securing the supply of lithium carbonate, a key m...
Hyundai Glovis signs $796 million shipping deal with global automaker
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...
Danggeun Market launches professional advertising solution
South Korean startup Danggeun Market, the operator of the country’s largest neighborhood marketplace app Karrot, is ramping up efforts to incr...
Korea's Lotte Mart and Lotte Super combine product sourcing
South Korea's Lotte Mart and Lotte Super will break away from the formats of hyper- and supermarkets and jointly raise the competitiveness of grocer...
LG, Altair build AI-powered validation platform for automotive parts
LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has joined forces with Alt...
LG Display unveils world’s first high-resolution stretchable display
LG Display Co., a major South Korean display panel maker, said on Tuesday it has developed the world’s first full-color stretchable display th...
Korea's kimchi maker Daesang to build factory in Europe
South Korea's Daesang Corp. plans to build a kimchi factory in Poland as an outpost for entering the European market, where Korean food is hotter th...
S.Korean lunar orbiter sends 'Dynamite' BTS video to Earth
South Korea's unmanned space vehicle Danuri has sent texts and images from space to Earth, the Ministry of Science and ICT announced Monday. Da...
SK On to buy battery material lithium hydroxide from Chile's SQM
SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...
NPS increases exposure to secondaries, direct lending
South Korea’s National Pension Service (NPS) will expand investments via secondaries and direct lending, its Head of Strategic Alternative Inv...
Korean EV charging startup to launch business in Indonesia
South Korea’s electric vehicle charging platform startup is set to make inroads into Indonesia, a prospective EV market with the world’s...
OCI to invest $40 million to expand US solar module production facilities
OCI Co., a leading South Korean solar power cell manufacturer, said on Monday it will invest $40 million to expand the solar cell module production ...
DRIMAES to produce cloud-based car control platform with Qualcomm
Daegu-based startup DRIMAES is poised to develop and mass produce a cloud-based vehicle control platform using San Diego-based semiconductor giant Q...
Hyundai to ramp up hybrid vehicle production next year
Hyundai Motor Co., South Korea’s top automaker, will increase production of hybrid models by some 15% next year to focus on the popular segmen...
GM may consider producing EVs in South Korea
CHANGWON, South Gyeongsang Province -- General Motors Co. may consider making electric vehicles in South Korea, the country manager said on Wednesda...
Medipost to expand CDMO business with 10 new clean rooms in Korea
Medipost Co, a South Korean biotechnology company, is expanding its cell and gene therapy contract development and manufacturing organization (CDMO)...
LG Elec speeds up robot biz expansion in logistics sector
LG Electronics Inc., the world’s top home appliance maker, has ramped up expansion of robot applications in the smart logistics sector with it...
