US Navy ship projects
Scope
Date
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Companies
Samsung Global Goals app rakes in over $10 million in charity 3 years after launch
Samsung Electronics Co. on Monday said Samsung Global Goals, a charity app for the company's Galaxy smartphones and devices, exceeded $10 million in...
Dec 26, 2022 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 signs maritime surveillance radar-II defense contract
LIG Nex1 Co. said on Friday that it has signed an agreement with the Naval Logistics Command for the Maritime Surveillance Radar-II project, which w...
Dec 23, 2022 (Gmt+09:00)
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Bio & Pharma
Dong-A ST incorporates NeuroBo as subsidiary
Dong-A ST said on Friday that it would acquire American drug company NeuroBo Pharmaceuticals as a subsidiary.NeuroBo, located in Boston, is a Nasdaq...
Dec 23, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor hits 15 mn vehicle sales milestone in US
South Korea’s auto giant Hyundai Motor Co.'s cumulative sales in the US surpassed 15 million units since entering the market in 1986, the comp...
Dec 23, 2022 (Gmt+09:00)
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Energy
Hyundai Heavy Industries Group develops dual LNG-hydrogen engine
Hyundai Heavy Industries (HHI) Group has developed South Korea's first hybrid engine that uses liquefied natural gas (LNG) and hydrogen.The group's ...
Dec 23, 2022 (Gmt+09:00)
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Content platforms
Video streaming platform Wavve acquires K-content provider KOCOWA
South Korea’s OTT platform Wavve has acquired Los Angeles-based content platform KOCOWA, short for Korean Content Wave. KOCOWA is a US online ...
Dec 22, 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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Shipping & Shipbuilding
KSOE signs agreement with Omani company to build 2 LNG carriers
Korea Shipbuilding & Offshore Engineering Co., the shipbuilding holding company of the Hyundai Heavy Industries Group, said on Thursday that it ...
Dec 22, 2022 (Gmt+09:00)
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Asset management
US non-agency mortgage-backed securities to shine in 2023: TCW
Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...
Dec 22, 2022 (Gmt+09:00)
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Healthcare
Naver D2SF makes investment in US sleep tech company PranaQ
Naver Corp.'s startup nurturing organization D2SF has newly invested in PranaQ, a US sleep tech startup. This is the 100th investment since the comp...
Dec 21, 2022 (Gmt+09:00)
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Bio & Pharma
LabGenomics unites with Humanscape on Asia, US genetic testing biz
LabGenomics Co., a molecular diagnostics company, said on Tuesday that it has signed an agreement with digital healthcare company Humanscape to deve...
Dec 20, 2022 (Gmt+09:00)
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Carbon neutrality
Samsung Heavy receives approval from US on gas recovery system
Samsung Heavy Industries, a major shipbuilder in South Korea, said on Tuesday that its boil-off gas recovery system (BReS) for LNG-powered vessels h...
Dec 20, 2022 (Gmt+09:00)
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Artificial intelligence
Syntekabio launches new drug development platform STB Cloud in US
Syntekabio,Inc., a South Korean artificial intelligence (AI) drug development company, said on Monday it has launched its cloud-based AI drug develo...
Dec 19, 2022 (Gmt+09:00)
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Automobiles
S.Korean startup enters UK market for wireless charging of EVs
A South Korean startup will enter the British market for wireless charging facilities for electric vehicles (EV), as Korean firms speed up their adv...
Dec 19, 2022 (Gmt+09:00)
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Foreign exchange
Korean NPS opens up forex hedging limit to maximum of 10%
South Korea’s mighty state pension fund will hedge foreign exchange risks for up to 10% of its overseas investment for a limited period. ...
Dec 18, 2022 (Gmt+09:00)
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Banking & Finance
KEXIM to provide $1.2 bn project financing for Indonesian refinery project
The Export-Import Bank of Korea (Eximbank) announced on Friday that it has signed a $1.2 billion project financing agreement with the Indonesian sta...
Dec 16, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy obtains blockchain security certificate
South Korea's Samsung Heavy Industries Co. announced the successful development of a cyber-security solution for autonomous ships using blockchain t...
Dec 16, 2022 (Gmt+09:00)
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Bio & Pharma
Helixmith acquires US patent on new freeze-dried formulation
South Korea's biotech company Helixmith Co. said Wednesday it has developed and patented a new freeze-dried formulation for Engensis (VM202), a non-...
Dec 15, 2022 (Gmt+09:00)
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Energy
Hanwha Q Cells to sell 7 US battery ESS projects to Spain’s Acciona Energia
Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Wednesday it has signed a deal to sel...
Dec 14, 2022 (Gmt+09:00)
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Energy
Hyundai Electric joins hands with GE to enter offshore wind power business
Hyundai Electric will advance into the offshore wind power market jointly with GE Renewable Energy.Hyundai Electric, an electric systems spinoff fro...
Dec 14, 2022 (Gmt+09:00)
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Electronics
SK C&C to automate production process of SKC's US subsidiary
SK C&C announced on Wednesday that it will start a project to install a full-process automation system based on its smart factory platform I-FAC...
Dec 14, 2022 (Gmt+09:00)
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Logistics
CJ Logistics expands global e-commerce shipping services
South Korea’s CJ Logistics Corp. is ramping up its cross-border e-commerce (CBE) businesses as its local rival Coupang Inc. is increasing domi...
Dec 14, 2022 (Gmt+09:00)
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Bio & Pharma
S. Korea's SillaJen launches clinical trials in US for new anti-cancer drug
South Korean biotech company Sillajen Inc. has started recruiting patients for Phase 1 clinical trials in the US for an anti-cancer drug from a Swis...
Dec 14, 2022 (Gmt+09:00)
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Electronics
80% of Korea's data centers to use homegrown AI semiconductors by 2030
South Korea by 2030 will upgrade its level of domestic artificial intelligence (AI) semiconductors to the world's best by using the nation's high-pe...
Dec 13, 2022 (Gmt+09:00)
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Batteries
LG Energy-GM JV secures $2.5 bn loan from US for EV battery production
South Korean battery maker LG Energy Solution Ltd. said on Wednesday its joint venture with General Motors Co. has attracted $2.5 billion via a loan...
Dec 13, 2022 (Gmt+09:00)
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Food & Beverage
Pulmuone to supply food ingredients to 18 US universities
Pulmuone USA, a US unit of South Korea's Pulmuone, said on Tuesday that it has entered into contractual relations with 18 US universities on both co...
Dec 13, 2022 (Gmt+09:00)
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Energy
Doosan, DL consortium to invest $130 mn in X-Energy for SMR project
A South Korean consortium led by Doosan Enerbility Co. and DL E&C Co. is investing $130 million in X-Energy LLC, a US nuclear reactor and fuel d...
Dec 12, 2022 (Gmt+09:00)
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Electronics
LG Electronics to launch two OLED gaming monitor models in US
South Korea's electronics giant LG Electronics Co. announced on Monday that starting on the same day it would release the world's first OLED gaming ...
Dec 12, 2022 (Gmt+09:00)
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Energy
Doosan Enerbility gets int'l certification for offshore wind power system
South Korea's heavy industry company Doosan Enerbility Co. on Monday said it is Korea's first to receive international certification for an eight-me...
Dec 12, 2022 (Gmt+09:00)
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Bio & Pharma
Boryung holds Care-in-Space Challenge in US for space healthcare startups
South Korea's pharmaceutical company Boryeong said on Friday that it held the first "Care-in-Space Challenge" event, a new space healthcare startup ...
Dec 09, 2022 (Gmt+09:00)