anti-aircraft missiles
Scope
Date
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Corporate strategy
POSCO aims to quadruple operating profits by 2030
POSCO Group, South Korea’s No. 1 steelmaker, has set an ambitious goal of quadrupling its operating profits and doubling revenue by 2030 with ...
10 HOURS AGO
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Chemical Industry
Lotte Chemical develops anti-thermal runaway material
Lotte Chemical Corp., South Korea’s second-largest petrochemicals company seeking to ramp up value-added advanced materials production, has de...
Jun 20, 2024 (Gmt+09:00)
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E-commerce
Coupang fined $102 mn for alleged search algorithm manipulation
Coupang Inc., South Korea’s largest e-commerce platform, was fined 140 billion won ($102 million) on Thursday for allegedly manipulating searc...
Jun 13, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility, Archer to collaborate for K-UAM commercialization
South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...
May 31, 2024 (Gmt+09:00)
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Bio & Pharma
S.Korean anti-obesity drugmakers eye niche demand
The global weight management market has entered a new chapter following the arrival of blockbuster weight-loss medication Wegovy, and South Korean l...
May 07, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI inks $723 mn eVTOL aircraft parts deal with Brazil’s Eve
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, said it signed a 1 trillion won ($723 million) deal ...
Apr 15, 2024 (Gmt+09:00)
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Aerospace & Defense
S.Korea’s Doosan Enerbility to develop aircraft engines
South Korea’s major power plant builder Doosan Enerbility Co. plans to develop aircraft engines based on its turbine technology as its new gro...
Mar 27, 2024 (Gmt+09:00)
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Airlines
Korean Air breaks ground on Asia’s largest aircraft engine MRO cluster
Korean Air Lines Co., South Korea’s No. 1 full-service carrier, said on Thursday it has begun construction of a $439 million aircraft engine m...
Mar 14, 2024 (Gmt+09:00)
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Aerospace & Defense
HD Hyundai Heavy to build next-gen second Aegis destroyer
South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., announced on Wednesday that it has begun construct...
Mar 13, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI to develop future aerial mobility, single-seat aircraft
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, plans to develop future aerial mobility to secure a ...
Mar 08, 2024 (Gmt+09:00)
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Airlines
Race for Asiana's cargo unit heats up among local bidders
The proposed merger of South Korea’s two largest carriers, Korean Air Lines Co. and Asiana Airlines Inc., is intensifying competition among lo...
Feb 28, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 inks $3.2 bn missile defense deal with Saudi Arabia
South Korea's major defense system developer LIG Nex1 Co. has clinched a $3.2 billion deal to export its latest missile interceptor to Saudi Arabia,...
Feb 07, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI sees record-high earings in 2023
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, posted record revenue last year, boosted by the ex...
Feb 02, 2024 (Gmt+09:00)
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North Korea
North Korea’s missiles tested on the battlefields of Ukraine
SEOUL—One of the world’s biggest illicit-arms suppliers just got a major advertisement.In recent weeks, Russian forces have fired...
Jan 23, 2024 (Gmt+09:00)
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Steel
Korean steelmakers mull anti-dumping suit vs Chinese, Japanese firms
Under growing pressure from increased imports of cheap Chinese and Japanese steel products, South Korean steelmakers are considering filing an anti-...
Jan 17, 2024 (Gmt+09:00)
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Aerospace & Defense
S.Korea to mass-produce homegrown fighter jet in 2024
South Korea is set to start mass production of the KF-21, its homegrown supersonic fighter jet, this year for expected deployment of the warplane fo...
Jan 10, 2024 (Gmt+09:00)
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Bio & Pharma
SK Biopharm, Dong-A ST sign licensing deal of Cenobamate
South Korea's SK Biopharmaceuticals Co. announced on Thursday that it has signed a contract with Dong-A ST to transfer the rights to commercialize t...
Jan 04, 2024 (Gmt+09:00)
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Aerospace & Defense
Korea to domestically develop air-to-air missiles for KF-21
South Korea plans to develop short-range, air-to-air missiles to be mounted on the Korean fighter KF-21 with homegrown technology by 2035 in a 591.9...
Dec 29, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha wins S.Korean military anti-drone system deals
South Korean aerospace and defense maker Hanwha Systems Co. is set to establish a military system to cope with small unmanned aerial vehicles (UAVs)...
Dec 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea’s 6G frequency bands picked as standard candidates
Sixth-generation (6G) communication frequency bands proposed by South Korea have been adopted as global standard candidates by the industry's freq...
Dec 18, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion’s Vegzelma listed on US PBM preferred drug list
South Korea's Celltrion Healthcare Co. announced on Tuesday that its anti-cancer biosimilar Vegzelma (active ingredient: bevacizumab) was listed as ...
Dec 12, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to buy more F-35As, but picks Embraer C-390s for transport
South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerospace company Embraer&...
Dec 04, 2023 (Gmt+09:00)
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Airlines
Air Premia posts first-ever quarterly profit
Air Premia Inc., a South Korean budget carrier, on Thursday reported its first-ever quarterly profit in the third quarter of this year, fueled by a ...
Nov 30, 2023 (Gmt+09:00)
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Airlines
Korean LCC T’way enjoys healthy earnings on preemptive investment
South Korean budget airline T'way Air Co. reported strong earnings as it benefited from its preemptive move of introducing new aircraft to increase ...
Nov 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai builds Aegis destroyer with anti-ballistic missiles
ULSAN, South Korea – At the shipyard of HD Hyundai Heavy Industries Co. on Nov. 20 in Ulsan, South Gyeongsang Province, South Korea's ne...
Nov 22, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI participates in Thailand's Defense & Security 2023
Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...
Nov 06, 2023 (Gmt+09:00)
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Bio & Pharma
VaxCell-Bio applies for approval of anti-cancer drug for dogs
South Korea’s VaxCell Biotherapeutics Co. (VaxCell-Bio) on Tuesday announced its application for approval for Vaxleukin-15, an anti-cancer dru...
Oct 24, 2023 (Gmt+09:00)
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Bio & Pharma
Hanmi Pharma’s Phase 3 trials for anti-obesity medicine approved
South Korea’s Hanmi Pharmaceutical Co. on Monday said the Ministry of Food and Drug Safety approved Phase 3 clinical trials for the company&...
Oct 24, 2023 (Gmt+09:00)
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Regulations
Korea’s antitrust body grants conditional OK to Broadcom-VMware deal
South Korea’s antitrust regulator on Monday granted conditional approval for US smartphone components maker Broadcom Inc.’s proposed pur...
Oct 23, 2023 (Gmt+09:00)
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Chemical Industry
Toray Advanced Materials to spur carbon fiber production in Korea
Toray Advanced Materials Korea Inc. (TAK) broke ground on its new facility for carbon fiber production in Gumi, North Gyeongsang Province on Monday,...
Oct 23, 2023 (Gmt+09:00)