Vehicle Component Solutions Division
Scope
Date
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Mobile networks
Samsung Elec unveils solution for stable 5G voice calls
Samsung Electronics Co., the world’s top smartphone maker, has developed a software solution for more stable 5G voice calls in a move to incre...
Oct 01, 2021 (Gmt+09:00)
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Automobiles
LG Elec to start automotive cybersecurity business
South Korea’s LG Electronics Inc. is about to start automotive security business, expanding its car electronics technology portfolio by taking...
Sep 23, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor to start hydrogen popularization in 2040
Hyundai Motor Group, the world’s fifth-largest automaker, declared to make 2040 the first year of hydrogen energy popularizationThe group was ...
Sep 22, 2021 (Gmt+09:00)
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Alternative investments
KB Fin, Shinhan invest in Sweden's wind farm via joint fund
South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...
Sep 17, 2021 (Gmt+09:00)
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Automobiles
Volvo unveils new XC60 with SKT in-vehicle infotainment
An artificial intelligence personal assistant sets up a destination for a GPS navigation. The AI assistant texts others the estimated arrival time...
Sep 14, 2021 (Gmt+09:00)
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Petrochemicals
Coal price surge puts S.Korean petrochemical firms ahead of Chinese rivals
Rising coal prices in China will likely benefit South Korean petrochemical companies such as Lotte Fine Chemical and Hanwha Solutions, by strengthen...
Sep 13, 2021 (Gmt+09:00)
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EV Batteries
LG Energy Solution, SK Innovation raise global battery market shares
LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...
Sep 01, 2021 (Gmt+09:00)
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IPOs
LG delays decision on battery unit IPO to Q4
LG Chem Ltd.’s battery unit LG Energy Solution Ltd. will not be listed on Kospi within the third quarter. Investors are keeping close eyes on ...
Aug 30, 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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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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Pension funds
NPS to create private debt, secondaries-focused team
The National Pension Service (NPS) is planning to create a new investment team dedicated to private debt and secondaries deals and equity purchases ...
Aug 26, 2021 (Gmt+09:00)
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Hydrogen economy
Hydrogen tank maker Iljin Hysolus to make Kospi debut Sept. 3
South Korea’s leading hydrogen tank maker Iljin Hysolus Co. will be listed on Kospi on Sept. 3, according to the company’s IPO briefing ...
Aug 19, 2021 (Gmt+09:00)
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IPOs
LG Energy Solution to speed up IPO process for October listing
LG Energy Solution Ltd. aims to accelerate the process for South Korea’s largest-ever initial public offering that is expected to raise more t...
Aug 11, 2021 (Gmt+09:00)
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Energy
Hanwha Solutions acquires French renewable firm RES for $860 million
Hanwha Solutions Corp., the energy unit of chemicals-to-financial conglomerate Hanwha Group, is acquiring a 100% stake in RES Mediterranee SAS, a Fr...
Aug 09, 2021 (Gmt+09:00)
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Automobiles
Carmakers log strong profits despite chip shortage
Global carmakers such as Stellantis N.V., BMW, Ford Motor Co. and Hyundai Motor Group surprised investors with strong earnings despite the automotiv...
Aug 04, 2021 (Gmt+09:00)
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Aerospace & Defense
Oshkosh-Hanwha consortium named bidder for design of US Army vehicle
A consortium led by Oshkosh Defense and Hanwha Defense Co. has been named a contender for the design of a US Army war vehicle that will replace...
Jul 27, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha Defense chosen as contender for design of US Army war vehicle
Hanwha Defense Co. has been named a contender for the design of a US Army war vehicle that will replace around 3,500 M2 Bradley vehicles that have b...
Jul 26, 2021 (Gmt+09:00)
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Korean startups
4by4's AI solution for high-def video content lures metaverse players
Displays are everywhere – refrigerators, automobiles, and even robots. And this display boom has sparked a fresh opportunity for 4by4 Inc., a ...
Jul 21, 2021 (Gmt+09:00)
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Future Mobility
Hyundai Mobis targets in-vehicle healthcare with brainwave technology
South Korea’s top auto parts maker Hyundai Mobis has developed a new brainwave detection technology that monitors a driver's physical and psyc...
Jul 21, 2021 (Gmt+09:00)
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Corporate investment
LG Chem to invest $8.7 bn in battery material, renewable, bio sectors
LG Chem Ltd., South Korea’s top chemical maker, said on Wednesday it will invest 10 trillion won ($8.7 billion) in the battery material, renew...
Jul 14, 2021 (Gmt+09:00)
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ESG
Hyundai Motor releases 2021 sustainability report with profitability focus
Hyundai Motor Co. will focus on ramping up global sales of high-profit vehicles such as its SUVs and Genesis models, according to its annual sustain...
Jul 06, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, Hanwha Q Cells to offer IoT home energy solutions in US, EU
Samsung Electronics Co. and South Korea’s leading solar panel maker Hanwha Q Cells Co. have joined hands to provide smart home energy solution...
Jul 05, 2021 (Gmt+09:00)
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Korean startups
Impressivo to bridge fitness and healthcare industry via sensing technology
San Francisco-based startup Impressivo is seeking partnerships in the fitness and healthcare sector as the company aims to bridge the fitness and he...
Jun 30, 2021 (Gmt+09:00)
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Cloud computing
Edge computing revolution to fuel Korea’s growth over the next decade
Korea’s leading firms across multiple industries, from consumer electronics to agricultural equipment, are widening the use of edge computing ...
Jun 30, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha to make satellite thrusters with Korea's aerospace institute
Hanwha Corp. will develop the bipropellant thruster, a key component for adjusting the satellite’s position in orbit, together with Korea Aero...
Jun 28, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Synopsys buys S.Korean fab data tech company
Synopsys Inc., a US software developer, has signed an agreement to acquire full ownership of BISTel, South Korea's top-ranked smart manufacturing so...
Jun 24, 2021 (Gmt+09:00)
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Korean startups
Morai's virtual testing solution reduces testing period for self-driving cars
A self-driving car needs to pass all sorts of tests before setting off for the open road. It needs to experience different types of roads, terrain f...
Jun 22, 2021 (Gmt+09:00)
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Healthcare
Israel’s Nanox begins production of digital X-ray components in Korea
Nano-X Imaging Ltd. (Nanox), an Israeli startup listed on the Nasdaq last August, has started manufacturing digital X-ray components in South Korea....
Jun 22, 2021 (Gmt+09:00)
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Korean startups
FastFive secures near $30 mn; pushes to become office solutions provider
South Korea's co-working space provider FastFive Co. announced on June 11 that it has raised 30 billion won ($27 million) from seven investors, brin...
Jun 11, 2021 (Gmt+09:00)
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IPOs
LG Energy Solution applies for IPO seen to raise over $9 bn
LG Energy Solution Ltd. has begun the official process of South Korea’s largest-ever initial public offering that is expected to raise over 10...
Jun 08, 2021 (Gmt+09:00)
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Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer