dongkuk steel solar power
Scope
Date
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Energy
S.Korea to cut coal's share of energy usage to under 20% by 2030
The draft of the Korean government's 10th Basic Plan for Electricity Supply and Demand contains a clause on reducing coal generation's share of nati...
Nov 25, 2022 (Gmt+09:00)
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Energy
Hanwha Q CELLS to join EU project for cutting-edge solar batteries
Hanwha Q CELLS Co. on Thursday said it will join an R&D project for next-generation solar cells that has received 15 million euros (around 20 bi...
Nov 24, 2022 (Gmt+09:00)
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Korean chipmakers
Korea's SK Inc. revs up power semiconductor value chains via M&As
SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is ramping up its value chain of third-generation semicondu...
Nov 23, 2022 (Gmt+09:00)
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Energy
SK, Doosan to launch hybrid EV fuel cell charging stations
South Korea’s SK Energy Co., refiner giant SK Innovation Co.’s petroleum production subsidiary, said on Tuesday it will join forces with...
Nov 22, 2022 (Gmt+09:00)
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Future mobility
Hyundai Genesis to unveil electric-powered convertible concept car
Genesis, the luxury car brand of Hyundai Motor, has unveiled a convertible concept model in Southern California.In Malibu Tuesday, Genesis introduce...
Nov 17, 2022 (Gmt+09:00)
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Energy
Taihan Cable wins $24 million deal to build power grid in California
Taihan Cable & Solution Co., a South Korean electric wire maker, said on Wednesday it has won a $24 million deal to build a power grid in the US...
Nov 16, 2022 (Gmt+09:00)
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Earnings
KEPCO to see record loss 2022 on slower power tariff hikes
Korea Electric Power Corp. (KEPCO), the state-run utility, is set to suffer a record operating loss this year with a shortfall mounting to the secon...
Nov 11, 2022 (Gmt+09:00)
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Logistics
Hyundai Mobis to build $69 mn integrated logistics center in Korea
South Korea’s largest auto parts maker Hyundai Mobis Co. said on Thursday it will spend 94.8 billion won ($69 million) to build an integrated ...
Nov 10, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops liquefied hydrogen fuel cell system
Samsung Heavy Industries has succeeded in developing a liquefied hydrogen fuel cell system for use in marine propulsion. The electric power is ...
Nov 09, 2022 (Gmt+09:00)
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Artificial intelligence
LG, Altair build AI-powered validation platform for automotive parts
LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has joined forces with Alt...
Nov 09, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...
Nov 09, 2022 (Gmt+09:00)
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Energy
Hanwha E&C to expand offshore wind power business
South Korea's Hanwha Engineering and Construction (E&C) on Tuesday concluded a business agreement on joint development of offshore wind power in...
Nov 08, 2022 (Gmt+09:00)
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Earnings
Naver posts record 3Q sales boosted by content and commerce
South Korea's leading web portal Naver reported record-high sales in the third quarter thanks to surging growth in its content sector, including the...
Nov 07, 2022 (Gmt+09:00)
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Perspectives
Korea should open retail electricity market for renewables
South Korea on Oct. 26 officially launched the carbon neutrality commission based on laws for green growth, which took effect last March, amid the g...
Nov 01, 2022 (Gmt+09:00)
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Energy
Korea’s KHNP inks nuclear power plant deal with Poland
Korea Hydro and Nuclear Power Co. (KHNP) signed an initial agreement for a nuclear power plant in Poland, paving the way to win an expected $30 bill...
Oct 31, 2022 (Gmt+09:00)
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Batteries
Germany’s MBraun, Korean university to co-work on solar cells: CEO
MBraun, an affiliate of Germany’s Indus Holdings AG, plans to invest 1 billion won ($702,000) in a South Korean university as part of a deal t...
Oct 30, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor to build more solar cell facilities to power Ulsan plant
South Korea’s top automaker Hyundai Motor Co. will build additional solar cell power generation facilities at its main plant in Ulsan amid a m...
Oct 25, 2022 (Gmt+09:00)
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Energy
OCI to invest $40 million to expand US solar module production facilities
OCI Co., a leading South Korean solar power cell manufacturer, said on Monday it will invest $40 million to expand the solar cell module production ...
Oct 24, 2022 (Gmt+09:00)
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Energy
Korea’s KHNP likely to sign nuclear power plant deal with Poland
Korea Hydro and Nuclear Power Co. (KHNP) is expected to sign an initial agreement to build a nuclear power plant in Poland, separate from a three-wa...
Oct 21, 2022 (Gmt+09:00)
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Earnings
POSCO Holdings' Q3 profit tumbles on steel mill shutdown
POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, missed market estimates for its quarterly profit as last mo...
Oct 19, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung, Qualcomm unveil industry’s fastest LPDDR5X DRAM chip
South Korean tech giant Samsung Electronics Co. said on Tuesday it has successfully proved the performance of its latest LPDDR5X DRAM on Qualcomm Te...
Oct 18, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Kakao’s power outage casts doubts over growth strategies
South Korea’s mobile platform giant Kakao Corp. is facing increasing concern over its growth strategies centered on business expansions throug...
Oct 17, 2022 (Gmt+09:00)
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RFPs
Korean Presbyterian pension to tap GPs for alternative assets, equity
Pension Foundation of Presbyterian Church of Korea (PCK Pension), a South Korean retirement plan for pastors and churches, is poised to hire several...
Oct 13, 2022 (Gmt+09:00)
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Batteries
POSCO Holdings to invest extra $1.1 billion in Argentine lithium plant
POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...
Oct 11, 2022 (Gmt+09:00)
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Artificial intelligence
AI-powered translation startups tackle niche marketplaces
Artificial intelligence (AI)-driven translation has been dominated by big tech.Alphabet Inc.’s Google LLC is the global leader while Naver Cor...
Oct 11, 2022 (Gmt+09:00)
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Machinery
Japan, Spain firms join forces with Woojin for Korean bullet train bid
A Japanese company and a Spanish firm have joined hands with a South Korean company for a local bullet train supply deal as the country is expected ...
Oct 10, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE in $1.5 billion shipbuilding deals with Maersk, Excelerate Energy
Korea Shipbuilding & Offshore Engineering Co. said on Wednesday it has clinched a 1.62 trillion won ($1.15 billion) order to build six methanol-...
Oct 05, 2022 (Gmt+09:00)
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Korean chipmakers
SoftBank’s Son expected to meet Samsung's Lee for Arm M&A discussion
SoftBank Group Corp. CEO Masayoshi Son, who also goes by the Korean name Son Jeong-ui, arrived in South Korea on Saturday. When asked about the purp...
Oct 02, 2022 (Gmt+09:00)
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Steel
POSCO says normalization of typhoon-hit steel mill unlikely until Q1 2023
POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, expects its steel mill in the southern port city of Pohang flood...
Sep 29, 2022 (Gmt+09:00)
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Machinery
Hyundai Rotem rolls out Korea’s fastest bullet train
Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, has rolled out the country’s fastest bullet train that can r...
Sep 27, 2022 (Gmt+09:00)
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