China Suzhou Processing Center
Scope
Date
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Tech, Media & Telecom
LG CNS, IGIS to collaborate in new biz for digital transformation
South Korea's information and communications technology service provider LG CNS on Wednesday said it will cooperate with the Seoul-based IGIS Asset ...
Sep 21, 2023 (Gmt+09:00)
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Construction
Hyundai Engineering develops cutting-edge sewage treatment tech
South Korea's Hyundai Engineering Co., an engineering solutions provider for plants, architecture, infrastructure and asset management, on Wednesday...
Sep 21, 2023 (Gmt+09:00)
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Steel
Hyundai Steel to pull out of stainless steel market
Hyundai Steel Co. has decided to close its stainless steel-making plant in Incheon, South Korea, pulling out of the market amid a flood of Chinese-m...
Sep 20, 2023 (Gmt+09:00)
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Fintech
Kakao Pay’s tie-up with Alipay spurs growth in China
BEIJING – Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., is rapidly growing in China’s fintech...
Sep 20, 2023 (Gmt+09:00)
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Batteries
LG Energy raises $1 bn in bonds for EV battery production
LG Energy Solution Ltd., the world’s second-largest battery manufacturer, said on Tuesday it has raised $1 billion by selling its first global...
Sep 19, 2023 (Gmt+09:00)
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Fintech
Naver Pay to be available at all Alipay merchants in China
Naver Pay, the simple payment service of South Korea's Naver Financial, announced on Tuesday that it will start offering Naver Pay Money and Point Q...
Sep 19, 2023 (Gmt+09:00)
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Automobiles
Hyundai Wia finishes EV thermal management test center
South Korea’s No. 2 automotive parts supplier Hyundai Wia Corp. on Tuesday completed construction of a thermal management test center at the c...
Sep 19, 2023 (Gmt+09:00)
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Chemical Industry
SK Chemicals, Lovere to recycle waste plastic in China
South Korea's SK Chemicals Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with Lovere, a leading recycling business...
Sep 19, 2023 (Gmt+09:00)
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Retail
NHN Commerce to expand into Chinese market with Xinxuan
NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with China's leadi...
Sep 18, 2023 (Gmt+09:00)
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Batteries
Young Poong, AJ Networks to form battery recycling chain in Europe
South Korea’s non-ferrous metal company Young Poong Co. has teamed up with AJ Networks to establish a secondary batteries resource circulation...
Sep 15, 2023 (Gmt+09:00)
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Private equity
Korea's STX denies rumors it is backed by Chinese fund
South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, refuting false reports swirling in the m...
Sep 15, 2023 (Gmt+09:00)
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Batteries
Battery cell prices plummet amid supply glut in China, weak EV demand
The competition among automakers to cut prices of electric vehicles is expected to intensify with battery cell prices falling at a fast pace due to ...
Sep 15, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire to supply tires for BYD's electric truck
Hankook Tire & Technology announced on Thursday that it will supply the Hankook RA08, a tire for a small truck to China's BYD 1-ton electric tru...
Sep 14, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis showcases trailer reverse assistance system in US
South Korea's automotive parts maker Hyundai Mobis is boosting its presence in North America by unveiling technologies tailored for the market such ...
Sep 14, 2023 (Gmt+09:00)
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Bio & Pharma
AriBio to sell dementia drug AR1001 in China with partner
South Korea's clinical-stage biotech company AriBio Co. on Wednesday said it signed a memorandum of understanding on strategic cooperation with Chin...
Sep 13, 2023 (Gmt+09:00)
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Korean chipmakers
SK Enpulse to sell off chip processing units in China
SK Enpulse Co., a South Korean semiconductor part and equipment maker, said on Wednesday it will sell off its chip pre-manufacturing processing unit...
Sep 13, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem opens European CS Center in Germany
South Korea's top chemical company LG Chem Ltd. announced the opening of its European Customer Solution Center (CS Center) in Frankfurt on Wednesday...
Sep 13, 2023 (Gmt+09:00)
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Supply chain
Korea’s heavy dependence on China for raw materials deepens
While the urea crisis in 2021 laid bare South Korea’s heavy dependence on China for basic raw materials, concerns are growing that Korea&rsquo...
Sep 12, 2023 (Gmt+09:00)
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Batteries
Korean firms confident they can outpace China in LFP battery race
South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...
Sep 11, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Ecoplant to build data center linked to landing station in Pohang
South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing station in Pohang, North ...
Sep 08, 2023 (Gmt+09:00)
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Corporate strategy
Korea Inc. to focus more on India, Vietnam as biz partners
South Korean companies are set to concentrate more on business with emerging markets including India and Vietnam than Asian major countries such as ...
Sep 08, 2023 (Gmt+09:00)
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Bio & Pharma
AriBio applies for Phase 3 clinical trials in China for oral dementia drug
South Korean clinical-stage biotech company AriBio Co. on Thursday said it applied for Phase 3 clinical trials on the anti-Alzheimer's candidate t...
Sep 08, 2023 (Gmt+09:00)
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Food & Beverage
Snack maker Orion earns dividends from Vietnam for 1st time
South Korea’s confectionery and snack manufacturer Orion Corp. collected dividends from its Vietnamese unit for the first time as the company ...
Sep 07, 2023 (Gmt+09:00)
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Fashion
Korea's National Geographic Apparel steps up push into China
South Korean fashion company The Nature Holdings Co. is set to expand the presence of its outdoor clothing brand National Geographic Apparel in Chin...
Sep 06, 2023 (Gmt+09:00)
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Batteries
China, beneficiary of Korea’s surging EV cell material exports
South Korea’s exports of cathodes for secondary batteries are surging with the booming electric vehicle industry, but the country’s trad...
Sep 05, 2023 (Gmt+09:00)
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Chemical Industry
SK Enmove CEO sees future of lubricants in electric cars
South Korea’s lubricating oil maker SK Enmove Co. is setting its sights on electric vehicle lubricants and liquid coolants for thermal managem...
Sep 05, 2023 (Gmt+09:00)
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Travel & Leisure
Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high
Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...
Sep 05, 2023 (Gmt+09:00)
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Business & Politics
S.Korea woos Chinese visitors via temporary e-visa fee exemption
South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...
Sep 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Ecoplant to supply fuel cells to Singapore data center
South Korea's SK Ecoplant will supply solid oxide fuel cells (SOFC) for the power supply system of a data center to be built in Singapore by GDS, Ch...
Sep 04, 2023 (Gmt+09:00)
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Bio & Pharma
HK inno.N releases K-Cab in Singapore
South Korean bio-health company HK inno.N announced on Monday that it has released the new drug K-CAB for gastroesophageal reflux disease (GERD) in ...
Sep 04, 2023 (Gmt+09:00)