Perfect Arabia Factory
Scope
Date
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Business & Politics
US emerges key to Korea’s nuclear power plants exports to Saudi Arabia
Saudi Arabia, which is seeking to build two 1.4 gigawatts (GW) nuclear power plants, is demanding that the US allow uranium enrichment, according to...
Jun 09, 2023 (Gmt+09:00)
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Electronics
LG Electronics eyes premium market in Saudi Arabia, India
LG Electronics Inc. will seek out new business opportunities as a premium brand in Saudi Arabia for the oil-rich kingdom’s $500 billion Neom m...
Jun 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS, Honeywell collaborate on smart factory
LG CNS Co., the information technology service arm of LG Group, is enhancing production efficiency and security in smart factories through collabora...
Jun 07, 2023 (Gmt+09:00)
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Electronics
Samsung perfects the home theater with top-notch multichannel soundbar
Samsung Electronics Co. is not only the world’s biggest TV and memory chip maker but also the global No. 1 soundbar brand thanks to its top-no...
Jun 04, 2023 (Gmt+09:00)
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Batteries
LG Energy to expand smart factory systems to N.America JVs
South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...
Jun 01, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor builds hydrogen fuel cell factory in China
Hyundai Motor Group has commenced full-scale production at its hydrogen fuel cell system plant in Guangzhou, marking a key step in its global hydrog...
Jun 01, 2023 (Gmt+09:00)
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Robotics
POSCO, LG Electronics to jointly build smart factory
POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory technology. The initi...
May 31, 2023 (Gmt+09:00)
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Batteries
LG Chem breaks ground on 4th cathode material plant in S.Korea
LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant to produce carbon nan...
May 31, 2023 (Gmt+09:00)
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Batteries
LG Energy's Ochang plant, Korea's EV cell mother factory
OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, on Thursday for the ...
May 25, 2023 (Gmt+09:00)
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Korean SMEs
Samsung Electronics' smart factory project targets SMEs
Sales of Cookia, a small maker of tofu snacks in South Korea based in Yeosu, South Jeolla Province, have jumped eight-fold in six years from 300 mil...
May 25, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang builds world's biggest frozen pizza plant in US
South Korean food giant CJ CheilJedang Corp. built the world's largest frozen pizza plant in the US to overtake Nestle on the related American marke...
May 22, 2023 (Gmt+09:00)
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Fiber & Textile
Hansae to build eco-friendly clothing plant in Vietnam
South Korean textile and clothing maker Hansae on Friday announced plans to build a plant in Vietnam to expand production of eco-friendly clothing u...
May 19, 2023 (Gmt+09:00)
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Automobiles
Nexen Tire invests $1.3 bn to build US factory
South Korea's Nexen Tire Corp. plans to invest $1.3 billion (1.73 trillion won) to build its first-ever factory in the United States. Starting fro...
May 18, 2023 (Gmt+09:00)
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Electronics
Samsung Display's QD-OLED wins SID award
South Korea's Samsung Display announced on Wednesday that its quantum-dot organic light emitting diode (QD-OLED) product received "Displays of the Y...
May 17, 2023 (Gmt+09:00)
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Corporate strategy
POSCO DX to team up with PwC Consulting for smart factory business
POSCO DX Co., formerly POSCO ICT Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Monday that it h...
May 15, 2023 (Gmt+09:00)
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Electric vehicles
POSCO International to set up EV parts factory in Poland
POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., plans to build an elect...
May 15, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to establish global distribution center in Saudi Arabia
South Korea's CJ Logistics unveiled plans on Thursday to construct a Global Distribution Center (GDC) in Saudi Arabia, a burgeoning logistics hub in...
May 11, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea’s Suprema wins order from Saudi Arabia's Neom city project
South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a ...
May 04, 2023 (Gmt+09:00)
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Robotics
KT launches two new AI serving robots
South Korea's KT Corp., said on Tuesday that it has unveiled two new AI service robots with upgraded features for enhanced driving stability and w...
May 02, 2023 (Gmt+09:00)
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Blockchain
WeMade signs MOU with Ministry of Investment Saudi Arabia
South Korea's game publisher WeMade Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with the Ministry of Investment ...
Apr 25, 2023 (Gmt+09:00)
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Batteries
LGES to build pouch-type long-cell battery mother factory at $449 mn
LG Energy Solution Ltd. will add a new mother factory to its Ochang manufacturing complex, as part of its plan to turn the home manufacturing site i...
Apr 25, 2023 (Gmt+09:00)
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Artificial intelligence
LS Electric, Microsoft to jointly develop smart factory
LS Electric Co., South Korean manufacturer of power and industrial automation equipment, has signed a partnership agreement with Microsoft to develo...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
S.Korean gov't to support domestic startups in Saudi Arabia entry
South Korea's Ministry of SMEs and Startups held on Wednesday the "K-Deep Tech Startup Meetup" event at Startup Alliance & Space in Gangnam dist...
Apr 19, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean GS, Daebo invest in domestic AI semiconductor firm
South Korea's Sapeon, artificial intelligence (AI) semiconductor subsidiary of SK Telecom Co., said on Wednesday that it has signed a memorandum of ...
Apr 12, 2023 (Gmt+09:00)
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Steel
Korean Dongkuk opens 2nd Mexican color-coated steel plant
Dongkuk Steel Mill Co. opened its second color-coated steel plant in Mexico as South Korea’s third-largest steelmaker aims to expand its prese...
Mar 31, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem breaks ground on supercritical pyrolysis plant
LG Chem Ltd. has broke ground on a plant for pyrolysis and aerogel, a material for next-generation insulation in Seongmun National Industrial Comple...
Mar 30, 2023 (Gmt+09:00)
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Construction
Eugene Corp. develops concrete production simulation system
South Korea's Eugene Corporation, which specializes in ready-mixed concrete and construction material distribution, announced on Wednesday that it h...
Mar 30, 2023 (Gmt+09:00)
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Batteries
LS Group completes nickel sulfate plant for EV batteries
South Korea’s LS Group said on Monday it has completed construction of a new plant to produce nickel sulfate, a key raw material for next-gene...
Mar 27, 2023 (Gmt+09:00)
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Artificial intelligence
LG takes lead in nurturing young AI talent by holding AI hackathon
South Korea's LG announced on Sunday that it held the "LG AI Hackathon" for nurturing young artificial intelligence (AI) talent for two days from ...
Mar 27, 2023 (Gmt+09:00)
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Korean startups
Saudi Arabia emerges as land of opportunity to Korean startups
South Korean startups rush to the Kingdom of Saudi Arabia, where the government is keen to nurture startups with innovative and disruptive ideas and...
Mar 23, 2023 (Gmt+09:00)