Goodwood Festival of Speed
Scope
Date
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Korean startups
Patty-cooking robotics startup Aniai completes seed funding
Aniai Inc., a foodservice robotics developer founded by a South Korean, said on Feb. 21 it has attracted $3 million via a seed funding round to boos...
Feb 21, 2023 (Gmt+09:00)
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AgTech
Korea's Daedong to speed up growth with smart farming machines
Daedong Corp., South Korea’s top agricultural machinery manufacturer, aims to accelerate growth based on new businesses such as smart machines...
Feb 16, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
DSME, INPEX end $970 mn dispute over FPSO
Daewoo Shipbuilding & Marine Engineering Co. (DSME) and INPEX Corp. have agreed to end a $970 million dispute less than a year since the damage ...
Feb 14, 2023 (Gmt+09:00)
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Chemical Industry
KCC launches Korea’s first organic water-based fire-resistant paint
South Korea's chemical and auto parts manufacturer KCC Corp. said on Thursday that it has launched the Firemask AQ Series, the first organic water-b...
Feb 10, 2023 (Gmt+09:00)
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Insurance
Kyobo Life Insurance speeds up creation of holding company
South Korea’s Kyobo Life Insurance Co. is set to establish a holding company by the second half of 2024. The major insurer seeks to raise its ...
Feb 08, 2023 (Gmt+09:00)
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Business & Politics
FKI to be more open, future-minded and international as part of reform
South Korea’s major business lobby group the Federation of Korean Industries (FKI) will become a more open and future-oriented business group ...
Feb 08, 2023 (Gmt+09:00)
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ESG
Hyundai Rotem releases data on eco-friendly railway businesses
Hyundai Rotem, the railway system subsidiary of Hyundai Motor Group, announced on Monday it has published information about its sales and research a...
Feb 07, 2023 (Gmt+09:00)
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Business & Politics
Aekyung Chemical develops first fertilizer coating resin with vegetable oil
Aekyung Chemical on Friday said it has developed South Korea's first eco-friendly fertilizer coating resin using vegetable oil.Aekyung Chemical, a s...
Jan 27, 2023 (Gmt+09:00)
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Entertainment
Aespa's first VR concert unveiles at the US music festival
AmazeVR, a virtual reality (VR) concert production and distribution platform company, said on Friday that "Aespa VR Concert at Kwangya" was official...
Jan 13, 2023 (Gmt+09:00)
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Bio & Pharma
Prestige Biopharma attains patent for solid cancer treatment antibody
Prestige Biopharma Korea said on Tuesday that it has obtained a domestic patent for the CTHRC1 neutralizing antibody of the drug candidate PBP1710. ...
Jan 12, 2023 (Gmt+09:00)
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Electric vehicles
S.Korea fines Tesla $2.2 mn for alleged false advertising
South Korea’s antitrust body has decided to impose a fine of 2.9 billion won ($2.2 million) on Tesla Inc., the world’s top electric vehi...
Jan 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus succeeds in linking open RAN standard equipment
LG Uplus Corp. said on Tuesday that it has succeeded in linking open distributed unit (O-DU) and open RAN (radio access network) radio unit (O-RU) b...
Jan 03, 2023 (Gmt+09:00)
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Artificial intelligence
LG Electronics speeds up development of intelligent AI solutions
LG Electronics Inc. on Sunday said it will build an ambient computing platform as selected by LG AI Research, a company think tank specializing in a...
Jan 02, 2023 (Gmt+09:00)
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Artificial intelligence
SAPEON X220 completes tech demo of fashion-specialized AI service
South Korea's artificial intelligence company Sapeon has completed a technology demonstration of its semiconductor SAPEON X220 on "Virtual Try-On," ...
Dec 30, 2022 (Gmt+09:00)
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Bio & Pharma
Korean biotechs target US labs to speed up regulatory approval for tests
South Korean molecular diagnostics companies are increasingly buying high-quality laboratories in the US that meet federal regulatory standards in a...
Dec 28, 2022 (Gmt+09:00)
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ESG
Hyundai Rotem's new braking technology acquires green certification
Hyundai Rotem, a South Korean railway rolling stock supplier under Hyundai Motor Group, acquired a green certification for its zero-speed regenerati...
Dec 27, 2022 (Gmt+09:00)
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Automobiles
Self-driving bus running on main roads launched for first time in S.Korea
South Korea in a first for the country has launched self-driving buses running on bus rapid transit (BRT) routes.The Ministry of Land, Infrastructur...
Dec 27, 2022 (Gmt+09:00)
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Electric vehicles
SK Signet to showcase new ultra-fast charger at CES 2023
SK Signet Inc., the No.1 company in the US ultra-high speed charger market, will showcase a new standard ultra-fast charger V2 at CES 2023, the worl...
Dec 22, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha to develop Korean Army's next-gen communications network
Hanwha Systems Co. will develop core technologies for the South Korean Army’s tactical information communications network TICN-II, which will ...
Dec 15, 2022 (Gmt+09:00)
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ESG
SK Ecoplant earns AA grade for FTC's voluntary compliance program
South Korea's construction engineering company SK Ecoplant Co., Ltd. is accelerating its environmental, social, and governance (ESG) management effo...
Dec 14, 2022 (Gmt+09:00)
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Automobiles
Ace View’s surround view monitoring system works at high speed
Ace View Co., a South Korean surround view monitoring system provider, has unveiled a new product that works at driving speeds of as high as 100 km ...
Dec 12, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia on course for record EV sales in Europe
Hyundai Motor Group, South Korea’s top carmaker, is on course for record electric vehicle sales in Europe, with its new models' expansion in t...
Dec 11, 2022 (Gmt+09:00)
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Advertising & Marketing
K League's campaign wins gold prize at International ad festival
The promotional video for the "Dribble-made Route" campaign produced by the Korea Professional Football Association (K League) in partnership with H...
Dec 09, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops world's fastest server DRAM sample
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed working samples of DDR5 multiplexer combined ranks dual ...
Dec 08, 2022 (Gmt+09:00)
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Mergers & Acquisitions
KDB reaches out to Hyundai, POSCO, CJ, LX on HMM stake sale
State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...
Nov 22, 2022 (Gmt+09:00)
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Logistics
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...
Oct 17, 2022 (Gmt+09:00)
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Korean chipmakers
SK Siltron, UK's IQE to produce high-efficiency wafers for Asian market
South Korean silicon wafer maker SK Siltron Co. has teamed up with UK-based wafer products supplier IQE plc to produce gallium nitride (GaN) epitaxi...
Oct 11, 2022 (Gmt+09:00)
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Machinery
Japan, Spain firms join forces with Woojin for Korean bullet train bid
A Japanese company and a Spanish firm have joined hands with a South Korean company for a local bullet train supply deal as the country is expected ...
Oct 10, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband develops green, efficient network technology
South Korea's internet service provider SK Broadband Co. has developed optical communications technology that simultaneously provides differing degr...
Sep 20, 2022 (Gmt+09:00)
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Automobiles
Hyundai opens Asia’s largest driving center in S.Korea
Hyundai Motor Group, South Korea’s top automaker, on Wednesday opened the largest driving center in Asia to showcase the performance of its ve...
Sep 07, 2022 (Gmt+09:00)