Hefei Xinmei Materials Technology
Scope
Date
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Batteries
Korea silicon anode materials makers to see quantum leap in demand
The global silicon-based anode materials market is gathering momentum as demand is expected to outpace supply on increasing production of electric v...
Sep 09, 2021 (Gmt+09:00)
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Future mobility
Daimler working with Korean EV battery makers
Daimler AG is working with South Korean battery makers, already using their technology for electric sport utility vehicles (SUVs) of Mercedes-Benz, ...
Sep 08, 2021 (Gmt+09:00)
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Tech, Media & Telecom
LG Chem unveils new cover window technology for foldable devices
LG Chem Ltd., the chemical unit of South Korea’s LG Group, said on Tuesday it has developed a new cover window that folds both ways – in...
Sep 07, 2021 (Gmt+09:00)
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Energy
US, Korea approve nuclear fuel recycle technology
Authoritie of the United States and South Korea officially endorsed the results of a joint research on Pyro-SFR, a cutting-edge technology that re...
Sep 02, 2021 (Gmt+09:00)
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Chemical Industry
Sumitomo Chemical to build $90 million photoresist plant in S.Korea
Japan’s major chemical company Sumitomo Chemical Co. will invest more than 10 billion yen ($91 million) in South Korea to manufacture photores...
Sep 01, 2021 (Gmt+09:00)
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COVID-19
Samsung Biologics gears up to produce mRNA drug substance
South Korea’s Samsung Biologics Co. is gearing up for the drug substance (DS) sector of the messenger ribonucleic acid (mRNA)-based COVID-19 v...
Sep 01, 2021 (Gmt+09:00)
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Corporate rebranding
SK Global Chemical rebrands as plastic recycler SK Geocentric
SK Innovation Co.’s petrochemical unit SK Global Chemical Co. has undergone a corporate name change to SK Geocentric Co., in a move to reident...
Aug 31, 2021 (Gmt+09:00)
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Future mobility
Parts maker Mando raises profile as investor in future mobility startups
Halla Group’s auto components unit Mando Corp. is rapidly expanding its profile as a startup investor in the future mobility sector.Mando was ...
Aug 29, 2021 (Gmt+09:00)
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Aerospace & Defense
Kolon enters private space business with composite materials
Kolon will be the next major South Korean business group to join the race in the fast-growing space sector by developing and making light composite ...
Aug 27, 2021 (Gmt+09:00)
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Korean startups
Swit Technologies' valuation tops $80 mn in Series A round
Swit Technologies Inc., the provider of team collaboration tool Swit, is near wrapping up its Series A funding round, having raised around $17.8 mil...
Aug 27, 2021 (Gmt+09:00)
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Batteries
POSCO Chem, OCI to produce previously imported battery material in Korea
POSCO Chemical and OCI plan to produce in South Korea a key material for electric vehicle batteries, which has so far been imported.POSCO Chemical s...
Aug 26, 2021 (Gmt+09:00)
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Hydrogen economy
Korea’s hydrogen council to launch Sept. 8; Hyundai to unveil new tech
The South Korean version of the Hydrogen Council, a global CEO-led initiative to harness the clean energy source, will officially launch on Sept. 8 ...
Aug 26, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Oilbank to make hydrogen fuel cell components from 2023
Hyundai Oilbank Co. will enter the hydrogen fuel cell components market by building separator production plants within this year with commercializat...
Aug 26, 2021 (Gmt+09:00)
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Batteries
POSCO Chemical to expand EV battery materials capacity in China
South Korea’s POSCO Chemical is set to bolster production capacity of electric vehicle battery materials in China, the world’s top batte...
Aug 25, 2021 (Gmt+09:00)
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Raw materials
Volatile raw material prices put Korea on alert for procurement
Volatile price changes in iron ore and non-ferrous metals such as lithium and nickel are keeping South Korean companies on their toes for procuremen...
Aug 25, 2021 (Gmt+09:00)
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Korean startups
3i's AI technology creates digital twins using smartphone photos
Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...
Aug 24, 2021 (Gmt+09:00)
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Automobiles
IAA Mobility 2021 to showcase global auto industry’s future technologies
The global auto industry is set to show off their muscle to fight for the future mobility market not only with new models but also technologies at t...
Aug 23, 2021 (Gmt+09:00)
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Corporate restructuring
SK Group’s holding firm to absorb SK Materials in corporate restructuring
SK Inc., the investment and holding company of SK Group, will absorb SK Materials Co., the group’s industrial gas manufacturing affiliate, in ...
Aug 20, 2021 (Gmt+09:00)
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Corporate investment
LG Chem to spend $2.2 billion to build 10 new eco-friendly factories
LG Chem Ltd., South Korea’s top chemical maker, said on Thursday it is spending 2.6 trillion won ($2.2 billion) to strengthen its green busine...
Aug 19, 2021 (Gmt+09:00)
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Batteries
LG Energy signs long-term battery materials deal with Australian Mines
South Korea’s LG Energy Solution Ltd. said on Monday it has signed a long-term contract to receive key battery materials from Australian Mines...
Aug 16, 2021 (Gmt+09:00)
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Earnings
Rubber gloves make Korean petrochemical firms’ Q2 profit soar
South Korea’s leading petrochemical makers report their second-quarter sales and operating profit soared, boosted by strong sales of rubber gl...
Aug 06, 2021 (Gmt+09:00)
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Carbon neutrality
Hanwha, Korea Western Power to test mixed hydrogen combustion
Hanwha General Chemical Co. and Korea Western Power Co. joined hands for the first test in the country to use mixed hydrogen combustion technologies...
Aug 03, 2021 (Gmt+09:00)
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Metaverse
Samsung joins 200 other firms in Korea’s metaverse alliance
Samsung Electronics Co. has onboarded South Korea’s government-led metaverse alliance in a move to strengthen partnership in virtual reality (...
Aug 03, 2021 (Gmt+09:00)
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Batteries
POSCO to build $200 mn nickel refining plant to ramp up battery materials
POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to build a nickel sulfa...
Jul 28, 2021 (Gmt+09:00)
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EV Batteries
Surging battery material costs put roadblock to EV growth
Prices of core raw materials such as lithium and cobalt for electric vehicle (EV) batteries jumped to threaten the global auto industry’s key ...
Jul 28, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung further cornered by Intel's foundry ambitions
Intel Corp.'s announcement on Monday of securing Qualcomm Inc. as its first fabless client caught Samsung Electronics Co. off guard, as the South Ko...
Jul 28, 2021 (Gmt+09:00)
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Korean startups
Metaverse platform Maxst makes strong debut on Kosdaq
South Korea-based metaverse platform Maxst Co. made a strong debut on the country’s tech-heavy junior bourse Kosdaq on July 27 with its share ...
Jul 27, 2021 (Gmt+09:00)
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Metaverse
CJ ENM to build virtual studio with Samsung’s new commercial displays
South Korean media company CJ ENM Co. is using Samsung Electronics Co.’s new commercial displays for a virtual production studio to spearhead ...
Jul 26, 2021 (Gmt+09:00)
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Venture capital
LG expands VC portfolio to industrial cyber security
LG Technology Ventures, a venture capital arm of South Korea's LG Group, has diversified its portfolio into the industrial cybersecurity market with...
Jul 26, 2021 (Gmt+09:00)
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Electronics
Samsung to launch much-anticipated QD-OLED TV, expand MicroLED lines
Samsung Electronics Co., the world’s largest TV maker, will launch the much-anticipated QD-OLED TV in the first half of next year, while expan...
Jul 25, 2021 (Gmt+09:00)
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