comprehensive energy company
Scope
Date
~
-
Construction
Hyundai Engineering wins Asia Design Prize 2024
South Korea's Hyundai Engineering Co. announced on Wednesday that it won the Asia Design Prize 2024, an international design competition in Asia...
Feb 21, 2024 (Gmt+09:00)
-
Aerospace & Defense
HD Hyundai, Babcock to co-develop submarine for export
South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it will collaborate with the UK-based renowned defense company Babcock Int...
Feb 21, 2024 (Gmt+09:00)
-
Bio & Pharma
Samsung Bioepis to supply Hadlima to US government
South Korea’s Samsung Bioepis and the US-based Organon, the local partner company of Samsung group's biopharmaceutical research and developmen...
Feb 21, 2024 (Gmt+09:00)
-
Korean startups
Altos Ventures invests $9.4 mn in Techtaka
South Korea's Altos Ventures announced on Tuesday that it has invested 12.6 billion won ($9.4 million) in the software-centric fulfillment company T...
Feb 20, 2024 (Gmt+09:00)
-
Artificial intelligence
Kakao Brain releases medical GenAI tech for free
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has uploaded the Labeler ...
Feb 20, 2024 (Gmt+09:00)
-
Electric vehicles
S.Korean refiners’ competition in EV lubricants sector intensifies
Refiners in South Korea are in a race to expand their presence in the electric vehicle lubricants market through overseas production facilities and ...
Feb 18, 2024 (Gmt+09:00)
-
Hydrogen economy
Hyundai Motor to take over Hyundai Mobis' fuel cell business
Hyundai Motor Co. will take over its auto parts and components-producing sibling Hyundai Mobis Co.'s fuel cell business, accelerating the South Kore...
Feb 16, 2024 (Gmt+09:00)
-
Pension funds
Korea's military fund, LIG Nex1, IBK to form $60 mn defense fund
South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, will create an 80 billion won ($60 mil...
Feb 16, 2024 (Gmt+09:00)
-
Asset management
Mirae Asset, Bloomberg to team up to develop ETFs
Mirae Asset Global Investments Co., an asset manager under South Korea's financial service giant Mirae Asset Financial Group, will develop exchange-...
Feb 15, 2024 (Gmt+09:00)
-
Leadership & Management
Family feud at Kumho Petrochem set to reignite
Park Chul-whan, the nephew of Kumho Petrochemical Co.'s former Chairman Park Chan-koo, has launched a proxy fight jointly with an activist fund, fue...
Feb 15, 2024 (Gmt+09:00)
-
Batteries
LG Energy to produce 4680 batteries in August for Tesla, others: CEO
LG Energy Solution Ltd., the world’s third-largest battery maker, plans to begin mass production of larger format cylindrical cells used by Te...
Feb 15, 2024 (Gmt+09:00)
-
Construction
Shinsegae E&C to sell leisure unit to reduce debt
South Korea’s Shinsegae Engineering & Construction Co. (Shinsegae E&C) announced on Wednesday that it will sell its leisure unit Jos...
Feb 15, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung C&T develops new cooling system for data centers
Samsung C&T Corp. announced on Wednesday that it collaborated with the domestic cooling system tech company DataBean to develop and commercializ...
Feb 14, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Shortt gets 400 mn views in one year in SE Asian market
Shortt, a South Korean short form content company, announced on Wednesday that it has got a total of 400 million views of its campaigns for South Ko...
Feb 14, 2024 (Gmt+09:00)
-
Aerospace & Defense
KAI to invest $76 mn in unmanned fighter jets
Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologi...
Feb 14, 2024 (Gmt+09:00)
-
Batteries
LG Energy to buy more Australian lithium for US EV benefits
LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) battery maker, said on Wednesday it was set to buy more lithium, a ke...
Feb 14, 2024 (Gmt+09:00)
-
Food & Beverage
CJ CheilJedang overseas food sales surpasses domestic market
South Korea's CJ CheilJedang Corp. announced on Tuesday that its overseas food sales surpassed the domestic market in the fourth quarter performan...
Feb 14, 2024 (Gmt+09:00)
-
Advertising & Marketing
POSCO Int’l wins Mercury Awards for video ad
POSCO International Corp. announced on Tuesday that it has received the Honors Award in the Corporate Identity Video category at the prestigious Mer...
Feb 13, 2024 (Gmt+09:00)
-
IPOs
S.Korean companies line up for IPOs as market recovers
South Korean companies are gearing up for listings targeting billions of dollars in market capitalization as the local initial public offering (IPO)...
Feb 08, 2024 (Gmt+09:00)
-
Korean stock market
Hyundai Department stocks down on cheap dividend policy
Hyundai Department Store Group, a South Korean major retail conglomerate, has unveiled the group companies’ dividend payout plans for the mid ...
Feb 08, 2024 (Gmt+09:00)
-
Energy
SK Earthon sells Peru LNG stake for $257 mn to MidOcean
SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., sold a stake in Peru LNG Co. LLC f...
Feb 08, 2024 (Gmt+09:00)
-
Corporate bonds
LG Energy's 2nd bond issue hits record $4.2 bn in bids
LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...
Feb 08, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Doosan to form $75 mn fund for new techs
Doosan Investment, the corporate venture capital (CVC) arm of South Korea's Doosan Group, has formed a 100 billion won ($75 million) fund, focusin...
Feb 08, 2024 (Gmt+09:00)
-
Earnings
EcoPro’s 2023 profit halves on softer EV demand, materials prices
South Korea’s major battery materials company EcoPro Co. saw last year’s operating profit halved from the previous year after a steeper-...
Feb 07, 2024 (Gmt+09:00)
-
Bio & Pharma
Celltrion to supply Remsima SC, Yuflyma to Norway
South Korea's Celltrion Inc. announced on Wednesday that it will supply its autoimmune disease treatments Remsima SC (infliximab) and Yuflyma, the...
Feb 07, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
One Store attracts $50 mn investment from Digital Turbine
South Korean homegrown app store One Store Co. has attracted a $50 million investment from the Nasdaq-listed US-based mobile platform company Digi...
Feb 07, 2024 (Gmt+09:00)
-
Beauty & Cosmetics
Cosmax targets Southeast Asia's halal perfume market
Cosmax Inc., South Korea's largest cosmetics manufacturer in original design manufacturing (ODM), announced on Wednesday that it opened its new perf...
Feb 07, 2024 (Gmt+09:00)
-
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)
-
Batteries
GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs
General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...
Feb 06, 2024 (Gmt+09:00)
-
Korean chipmakers
SK Hynix to use 30% recycled materials by 2030
SK Hynix Inc., the world's second-largest memory chip producer, announced on Tuesday that it has established a medium- to long-term plan to utilize ...
Feb 06, 2024 (Gmt+09:00)
Latest News
- 1 S.Korean defense firms stand to gain if Harris wins Nov. election
- 2 Lotte chief bets on K-food boom for global expansion
- 3 South Korea signs MOU on Philippine nuclear safety checks, eyes plant deals
- 4 Samsung's Lee inspects MLCC plant in Philippines as it eyes turnaround
- 5 LG Energy aims to more than double sales to $50 billion by 2028