US News World Report
Scope
Date
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Corporate strategy
From fast follower to first mover under Hyundai Motor's Chung
Hyundai Motor Group Chairman Chung Euisun emphasized “customers” as his management keyword when he took the helm of the largest automoti...
Oct 04, 2023 (Gmt+09:00)
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Automobiles
EVs, SUVs power Hyundai, Kia’s US sales to Sept records
Hyundai Motor Co. and Kia Corp., South Korea’s two largest carmakers, enjoyed record September sales thanks to the popularity of their electri...
Oct 04, 2023 (Gmt+09:00)
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Batteries
SK On named to Fortune’s Change the World list
South Korea’s electric vehicle (EV) battery maker SK On is among innovative companies that have changed the world according to Fortune, a le...
Oct 04, 2023 (Gmt+09:00)
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Electric vehicles
POSCO Int’l to build permanent magnet factory in US with Star Group
South Korea’s steel giant POSCO Holdings Inc. is expediting its push to expand its presence in the electric vehicle supply chain, one of seven...
Oct 03, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Pharm gets GMP certification from Japan
Celltrion Pharm Inc. announced on Wednesday that its pre-filled syringe (PFS) production facility in Cheongju, North Chungcheong Province has obtain...
Sep 27, 2023 (Gmt+09:00)
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Carbon neutrality
Korea’s SKC to invest up to $70 mn in US smart glass firm Halio
SKC Ltd., a South Korean chemicals maker, is set to invest as much as $70 million in Halio Inc., a US smart glass technology company, to expand the ...
Sep 27, 2023 (Gmt+09:00)
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Batteries
Samsung SDI to invest $2 bn to build 2nd US battery plant with Stellantis
Samsung SDI Co. will inject $1.98 billion to build a second battery manufacturing plant in the US jointly with Netherlands-based automaker Stellanti...
Sep 27, 2023 (Gmt+09:00)
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Business & Politics
Lotte's chemical units look for talent from US universities
Lotte Group's two chemical units in South Korea searched for talent in US universities.Lotte Chemical Corp. and Lotte Fine Chemical Co. organized ...
Sep 27, 2023 (Gmt+09:00)
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Artificial intelligence
SK Tel launches world’s 1st Korean large language model
SK Telecom Co. on Tuesday announced the official launch of the world’s first Korean large language model (LLM) “A.”, or A Dot, whi...
Sep 26, 2023 (Gmt+09:00)
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Batteries
SK Ecoplant, Ascend Elements in $66 mn US battery recycling JV deal
SK Ecoplant Co., a South Korean construction engineering and waste management firm, and its two overseas affiliates are launching a $65.8 million ba...
Sep 26, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung set to keep supremacy in low power DRAM with game changer
South Korea’s No. 1 memory chip maker Samsung Electronics Co., also the world’s top player, is set to further break away from the pack w...
Sep 26, 2023 (Gmt+09:00)
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Commodities
POSCO, Bartlett to set up grain procurement joint venture
South Korea’s POSCO International Corp. plans to invest in Bartlett and Company’s soybean processing company within the year and set up ...
Sep 26, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion gets sales approval for Yuflyma in Japan
South Korea's biopharmaceutical company Celltrion Inc. announced on Tuesday that it has secured approval from the Japanese Ministry of Health, Labou...
Sep 26, 2023 (Gmt+09:00)
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Machinery
Daedong targets hobby farmers to double US market share
South Korea’s No. 1 agricultural machinery maker Daedong Corp., better known by the brand name Kioti in the US, is targeting the growing hobby...
Sep 25, 2023 (Gmt+09:00)
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Chemical Industry
SKC plans world’s largest biodegradable plastic plant in Vietnam
South Korea’s SKC Ltd., secured an investment registration certificate (IRC) to establish the world’s largest biodegradable plastics m...
Sep 25, 2023 (Gmt+09:00)
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Aerospace & Defense
SK Telecom to commercialize UAM with American partner
South Korea's SK Telecom Co. will launch domestic commercial operations in urban air mobility (UAM) with Joby Aviation, a Santa Cruz, California-b...
Sep 25, 2023 (Gmt+09:00)
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Energy
US OKs Chinese-made solar modules using materials of S.Korea's OCI
The US has approved the import of Chinese-made solar panels using polysilicon from South Korea's green and energy company OCI Holdings Co.Pundits sa...
Sep 25, 2023 (Gmt+09:00)
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Batteries
LG Chem, Huayou to build LFP cathode plant in Morocco
South Korea’s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with ...
Sep 24, 2023 (Gmt+09:00)
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Artificial intelligence
KT, BI Matrix to develop natural language processing AI
South Korea's KT Corp. is partnering with the intelligent solutions specialist company BI Matrix to develop technology that uses artificial intell...
Sep 22, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops laser high-speed welding robot for LNG vessels
South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...
Sep 21, 2023 (Gmt+09:00)
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Electronics
Samsung tops US customer satisfaction in PC sector
Samsung Electronics Co. has been rated as the most satisfactory PC brand among US consumers, according to a survey by the American Customer Satisfac...
Sep 21, 2023 (Gmt+09:00)
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E-commerce
Live commerce app Grip aims to expand into Japan, US in 2024
Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the...
Sep 20, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK becomes top shareholder of US contract drug maker CBM
SK Pharmteco Co., a South Korean contract development and manufacturing organization (CDMO), said on Wednesday it has secured management rights of t...
Sep 20, 2023 (Gmt+09:00)
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Energy
US court rules in favor of Korea's nuclear reactor exports
A US district court on Monday dismissed Westinghouse Electric Corp.’s lawsuit against South Korean state-run companies to block their nuclear ...
Sep 19, 2023 (Gmt+09:00)
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Foreign exchange
Koreans’ US dollar selling spree continues in anticipation of weaker USD
US dollar investors in South Korea have not backed down from their shorting position of the currency despite the strengthening dollar against the Ko...
Sep 19, 2023 (Gmt+09:00)
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Electronics
Seoul Semiconductor secures key EV LED patents
Seoul Semiconductor Co., the world’s No. 3 light-emitting diode (LED) maker, has secured key patents for LEDs to be used in electric vehicles ...
Sep 18, 2023 (Gmt+09:00)
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Travel & Leisure
Foreign visitors' portion of Jeju Island consumption increases: report
It has been revealed that spending by foreign tourists visiting Jeju Island has significantly increased since the end of the COVID-19 pandemic.Accor...
Sep 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai holds christening of methanol-powered ship
South Korea’s HD Hyundai Co. announced on Monday that it held a christening ceremony on Thursday at the Port of Copenhagen in Denmark for the ...
Sep 18, 2023 (Gmt+09:00)
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Batteries
Lotte Energy Materials to build copper foil plant in US for EV makers
Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, plans to build a copper foil plant in the US to meet grow...
Sep 17, 2023 (Gmt+09:00)
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Bio & Pharma
Moderna signs mRNA access deals with S.Korea's universities
The US biotech and pharmaceutical company Moderna on Friday announced signings of contracts with the academic-industry cooperation foundations of Ko...
Sep 15, 2023 (Gmt+09:00)