Hefei Xinmei Materials Technology
Scope
Date
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Bio & Pharma
Hanmi’s anti-cancer drug Rolontis gets FDA approval; US sale via Spectrum
South Korea’s Hanmi Pharmaceutical Co. said on Tuesday that Rolontis, an anti-cancer drug it has jointly developed with its US partner, has ob...
Sep 13, 2022 (Gmt+09:00)
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Korean chipmakers
DB HiTek develops automotive power semiconductor tech
DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...
Sep 08, 2022 (Gmt+09:00)
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Automobiles
Hyundai Mobis to debut Detroit Auto Show with advanced EV technology
South Korea’s top auto parts maker Hyundai Mobis Co. will showcase its latest electric vehicle-related technology at this year’s North A...
Sep 05, 2022 (Gmt+09:00)
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Automobiles
Hyundai CEO says on track for hydrogen-fueled NEXO’s new model
Hyundai Motor Co. is on track to develop a revamped model of its hydrogen fuel car NEXO, its chief executive said on Wednesday, as the South Korean ...
Sep 01, 2022 (Gmt+09:00)
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Electronics
Samsung, LG boost use of recycled materials for electronics
South Korean tech giants Samsung and LG are increasing their amount of electronic products made from recycled materials. The companies will showcase...
Aug 29, 2022 (Gmt+09:00)
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Batteries
Samsung SDI to hasten US battery plant groundbreaking
Samsung SDI Co., the world's sixth-largest battery maker, is set to push forward the start of its plant construction in the US by two months in resp...
Aug 26, 2022 (Gmt+09:00)
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Earnings
Hyundai Elevator logs first quarterly loss since 1996
Hyundai Elevator Co., South Korea’s No. 1 elevator producer, swung to a quarterly operating loss for the first time since it was listed on the...
Aug 25, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to invest $15 bn in semiconductor R&D complex
Samsung Electronics Co., the world’s top memory chipmaker, plans to spend 20 trillion won ($15.1 billion) by 2028 on an advanced semiconductor...
Aug 19, 2022 (Gmt+09:00)
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Carbon neutrality
SK Group invests $250 mn in Bill Gates’ nuclear reactor firm TerraPower
South Korea’s SK Group said on Monday it invested $250 million in TerraPower, a US venture founded by billionaire Bill Gates. The holdi...
Aug 16, 2022 (Gmt+09:00)
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Corporate investment
Korea Zinc to invest $7.5 billion in green hydrogen, battery materials
Korea Zinc Co., the world’s largest lead and zinc smelter, plans to spend 9.74 trillion won ($7.5 billion) in renewable energy, green hydrogen...
Aug 09, 2022 (Gmt+09:00)
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Petrochemicals
SK Geo Centric to build high value-added material plant in China
South Korea’s major petrochemical company SK Geo Centric Co. is set to build an ethylene acrylic acid (EAA) plant in China with a local partne...
Aug 09, 2022 (Gmt+09:00)
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Food & Beverage
Lotte Chilsung to tie up with startups for vegan drinks
South Korea’s Lotte Chilsung Beverage Co. is set to start the vegan business along with local startups as veganism, or the practice of abstain...
Aug 09, 2022 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to ease internship visa rules for foreign talent
South Korea will introduce an internship visa program for foreigners studying at overseas universities to ease a shortage of talent in the fields of...
Aug 05, 2022 (Gmt+09:00)
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Electric vehicles
SK subsidary to supply EV battery materials to Vietnam's Vingroup
SK IE Technology Co. (SKIET) secured battery separator orders from Vietnam’s No. 1 conglomerate Vingroup, in the latter's push to expand into ...
Aug 05, 2022 (Gmt+09:00)
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Research & Development
Sejong Univ. unveils upgraded biosensor-related technology
South Korea’s Sejong University has developed a technology to sharply reduce the detection time of biomolecules produced by cells and living o...
Aug 04, 2022 (Gmt+09:00)
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Batteries
SK Nexilis to unveil ultra-high strength EV battery copper foil
SK Nexilis Co., a unit of South Korean chemical materials maker SKC Ltd., has developed technology to mass produce ultra-high strength copper foil, ...
Aug 03, 2022 (Gmt+09:00)
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Earnings
South Korea’s top general trading giants embrace rising raw materials costs
Back in the 1970s and 80s, general trading companies were the vanguards of South Korea’s exports. Daewoo International Corp., LG Internat...
Aug 02, 2022 (Gmt+09:00)
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Carbon neutrality
Hyundai Oilbank, Lotte Confectionery tie up for biodiesel business
Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, and food maker Lotte Confectionery Co. have forged a strategic partnership to jo...
Aug 02, 2022 (Gmt+09:00)
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Batteries
LG Chem, GM in $30.6 billion EV battery materials supply deal
South Korea’s top chemicals company LG Chem Ltd. has signed a long-term battery materials supply deal with General Motors Co. to support the U...
Jul 28, 2022 (Gmt+09:00)
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Earnings
Kia posts record-high double-digit profit margin in second quarter
Kia Corp., South Korea’s largest automaker, said on Friday it posted its first-ever double-digit operating profit margin in the second quarter...
Jul 22, 2022 (Gmt+09:00)
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Earnings
POSCO Holdings Q2 profit down on higher raw material costs
POSCO Holdings Inc., the holding company of South Korea’s steel giant, reported a lower profit in the second quarter on rising raw material pr...
Jul 21, 2022 (Gmt+09:00)
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Korean startups
Korea startup unveils AI for sleep study with smartphones
A South Korean startup has unveiled an artificial intelligence model for medical analysis of sleep based on breathing sounds recorded by smartphones...
Jul 20, 2022 (Gmt+09:00)
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Fiber & Textile
The North Face supplier Youngone to bet on global outdoor startups
South Korea’s Youngone Holdings Co. is set to accelerate its new business by establishing a corporate venture capital (CVC) firm in Singapor...
Jul 14, 2022 (Gmt+09:00)
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Supply chain
Korean manufacturers’ dependence on China intensifies
South Korean manufacturers are importing even more key industrial raw materials from China, deepening concerns over the dependence of Asia’s f...
Jul 11, 2022 (Gmt+09:00)
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Hydrogen economy
Korea hydrogen council launches $382 mn fund
The Korea H2 Business Summit, a business council established by South Korea’s leading conglomerates to invest in the hydrogen industry, launch...
Jul 07, 2022 (Gmt+09:00)
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Steel
POSCO sees battery materials sales double by 2030
South Korea’s POSCO Holdings Inc. expects sales of its rechargeable battery materials to more than double to 41 trillion won ($31 billion) by ...
Jul 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Lotte Chemical, Bain Capital among bidders for Korea’s Iljin Materials
The much-touted sale of a controlling stake in Iljin Materials Co., a leading South Korean battery materials maker, is flagging as big spenders are ...
Jul 01, 2022 (Gmt+09:00)
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Batteries
POSCO Chemical, Britishvolt sign initial deal for battery materials
POSCO Chemical Co., a unit of South Korea’s top steel maker, and UK electric vehicle startup Britishvolt Ltd. have signed an initial agreement...
Jun 30, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT, Swift Navigation team up for ultra-precision location service
KT Corp., a major South Korean telecommunications company, has partnered with Swift Navigation Co., a San Francisco-based technology firm, to commer...
Jun 30, 2022 (Gmt+09:00)
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Korean chipmakers
SK Materials, Showa Denko to jointly seek US semiconductor gas business
SK Materials Co., an industrial gas manufacturing affiliate of South Korea’s SK Inc., and Japanese chemicals company Showa Denko K.K. have agr...
Jun 29, 2022 (Gmt+09:00)