Ulsan combined power plant
Scope
Date
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Energy
Hanwha Q Cells brings forward US solar module production
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, brought forward operations of a US pla...
Sep 01, 2023 (Gmt+09:00)
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Energy
Hyundai Engineering to produce offshore wind power on Chuja Islands
South Korea’s Hyundai Engineering on Thursday said it signed the day before a memorandum of understanding with Equinor Korea, LG Chem Ltd., PO...
Sep 01, 2023 (Gmt+09:00)
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Energy
Hyundai Steel's offshore wind power plant gets int’l certification
South Korea’s Hyundai Steel on Wednesday said its Ulsan Factory 2 in the southern coastal city of Ulsan received certification as an offshore ...
Aug 31, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea to develop ultra-low-power AI chips by 2030
South Korea will develop artificial intelligence (AI) chips by 2030 able to perform more than 10 trillion operations per second, while consuming ver...
Aug 29, 2023 (Gmt+09:00)
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Automobiles
Kia’s Hwaseong plant halted due to fire; K5, K8, EV6 output affected
Kia Corp., South Korea’s second-largest automaker, said on Tuesday the operation of its car manufacturing plant in Hwaseong, 80 km southwest o...
Aug 29, 2023 (Gmt+09:00)
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Batteries
IS Dongseo buys EV battery recycling firm BTS Technology
IS Dongseo Co., a South Korean waste management company, has acquired Slovakia-based battery recycling company BTS Technology Ltd. for 37.5 billion ...
Aug 25, 2023 (Gmt+09:00)
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Automobiles
Genesis ranks top in J.D. Power’s new car advanced tech survey
Hyundai Motor Co.'s premium brand Genesis secured first place in J.D. Power 2023 Tech Experience Index (TXI) study In this year’s J.D. Po...
Aug 25, 2023 (Gmt+09:00)
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Energy
POSCO E&C to build offshore wind power plant with Norwegian firm
South Korea’s POSCO E&C, formerly POSCO Engineering and Construction, and a Norwegian company are promoting the Ulsan Firefly project, the...
Aug 25, 2023 (Gmt+09:00)
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Machinery
Hyundai Rotem unveils ultra-large servo press line
Hyundai Rotem, a subsidiary of Hyundai Motor Group and a South Korean railway system manufacturer, announced on Thursday that it held a demonstrat...
Aug 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor’s China restructuring continues with Chongqing plant sale
Hyundai Motor Co., reeling from its weak car sales in China, has put its Chongqing plant up for sale as South Korea’s top automaker continues ...
Aug 23, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom to enter generative AI market with large language model
SK Telecom announced on Wednesday that it will provide tailored generative AI services to businesses and public agencies using various advanced arti...
Aug 23, 2023 (Gmt+09:00)
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Batteries
LS e-Mobility to supply $187 million in EV parts to Hyundai Motor, Kia
LS e-Mobility Solutions Co., a power transmission parts maker, has won a 250 billion won ($187 million) deal to supply electric vehicle (EV) parts...
Aug 22, 2023 (Gmt+09:00)
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Automobiles
Hyundai Transys' car seats rank in top 3 by US market survey
A leading US consumer satisfaction survey has ranked car seats made by South Korea’s Hyundai Transys in the top three for the fourth consecuti...
Aug 22, 2023 (Gmt+09:00)
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Automobiles
Kia’s first vehicles T-600, Brisa resurrected after 40 years
Not many people in the auto industry know that South Korea’s Kia Corp. started as a bicycle parts maker 79 years ago.Back in 1944, Kim Chul-ho...
Aug 21, 2023 (Gmt+09:00)
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Batteries
BYD, KG Mobility in talks to build EV battery plant in Korea
BYD, the world’s No. 3 electric vehicle battery producer, and KG Mobility Corp., formerly Ssangyong Motor Co., are in talks to build a joint c...
Aug 21, 2023 (Gmt+09:00)
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Energy
Team Korea lands $447 mn solar power project in US
A group of six South Korean companies dubbed "Team Korea," which comprises private companies such as SK Ecoplant, public companies and a government ...
Aug 21, 2023 (Gmt+09:00)
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Batteries
EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada
EcoPro BM Co., South Korea’s leading battery material producer, will invest $886 million jointly with SK On Co. and Ford Motor Co. to build a ...
Aug 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom develops 5G IoT tech RedCap
South Korea's SK Telecom Co. unveiled on Thursday that it has successfully developed and tested Reduced Capability (RedCap) - a pioneering 5G Intern...
Aug 17, 2023 (Gmt+09:00)
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Batteries
SK On to expand domestic battery cell plant for $1.1 bn
SK On Co., a South Korean rechargeable battery maker, will make its largest-ever domestic facility investment of 1.5 trillion won ($1.1 billion) to ...
Aug 16, 2023 (Gmt+09:00)
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Automobiles
Hyundai acquires GM’s Indian plant, aims to sell more SUVs, EVs
Hyundai Motor Co. has acquired a car manufacturing plant in India from General Motors Co. as South Korea's top automaker aims to expand its presence...
Aug 16, 2023 (Gmt+09:00)
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Energy
Samsung C&T sells 150-MW solar power project in US
South Korea's Samsung C&T Corp. on Wednesday said its US-based green energy affiliate Samsung C&T Renewables sold a project for construction...
Aug 16, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax opens Asia's largest cosmetics plant in China
Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...
Aug 14, 2023 (Gmt+09:00)
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Pension funds
Blackstone, KKR join race for Korean pension fund's real estate debt
South Korea’s Government Employees Pension Service (GEPS) has shortlisted four global investment firms, Blackstone, KKR & Co., Goldman Sac...
Aug 11, 2023 (Gmt+09:00)
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Energy
LS Cable invests $117.5 million in boosting submarine cable output
South Korea’s LS Cable & System on Thursday announced additional investment of 155.5 billion won ($117.5 million) in its plant in Donghae,...
Aug 11, 2023 (Gmt+09:00)
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Batteries
SK Nexilis to sell copper foil to German battery maker Varta
South Korea’s SK Nexilis Co. is set to supply copper foil, core materials for electric vehicle cells, to German battery maker Varta AG, expand...
Aug 07, 2023 (Gmt+09:00)
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Batteries
Korea’s STX to build joint Indonesia nickel plant for EV cells
South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...
Aug 03, 2023 (Gmt+09:00)
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Electric vehicles
Global EV, battery sectors in war for talent acquisition
Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...
Aug 02, 2023 (Gmt+09:00)
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Energy
Westinghouse, KHNP seek licensing dispute arbitration
Korea Hydro & Nuclear Power Co. (KHNP) and Westinghouse Electric Corp. have taken their almost one-year dispute over South Korea’s nuclear...
Aug 02, 2023 (Gmt+09:00)
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Electronics
Samsung’s Bespoke Jet AI sweeps global acclaim
Bespoke Jet AI, the cordless stick vacuum cleaner of Samsung Electronics Co., continues to receive international recognition for its superior techno...
Aug 02, 2023 (Gmt+09:00)
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Electronics
LG’s front-load washer selected as best by Consumer Reports
LG Electronics Inc.'s front-load washers have seized the top four spots in the US consumer review conducted by Consumer Reports, earning the title o...
Aug 01, 2023 (Gmt+09:00)
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