factory energy management system
Scope
Date
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Electric vehicles
Renault to build new EV plant at its Korean base in Busan
BUSAN – French automaker Renault S.A. will build a new electric vehicle manufacturing plant in South Korea to meet growing demand for eco-frie...
Jun 21, 2023 (Gmt+09:00)
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Energy
Korea's Doosan Enerbility sells Bobcat stake in $214 mn block deal
South Korea’s major power plant builder Doosan Enerbility Co. has sold a minority stake in Doosan Bobcat Inc., its construction equipment unit...
Jun 21, 2023 (Gmt+09:00)
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Retail
Lotte considering opening In-N-Out Burger stores in S.Korea
One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...
Jun 21, 2023 (Gmt+09:00)
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Batteries
LG Energy selects 10 promising global startups in battery area
South Korea's battery maker LG Energy Solution Ltd. announced on Tuesday that it will strengthen collaboration with global startups with high growth...
Jun 20, 2023 (Gmt+09:00)
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Petrochemicals
LG Chem to sell $1.6 bn stake in LG Energy to foreign investors
South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...
Jun 19, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems joins C-130H airplane modification project
Hanwha Systems Co. announced on Monday that it has been awarded a second contract by the Defense Acquisition Program Administration for the South Ko...
Jun 19, 2023 (Gmt+09:00)
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Carbon neutrality
POSCO Future M cut greenhouse gases 8.6% in 2022
South Korea's chemical company POSCO Future M Co. last year lowered greenhouse gases a surprising 8.6% from 2021. Reducing its CO2 emissions despite...
Jun 19, 2023 (Gmt+09:00)
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Leadership & Management
Korea’s GS E&C holds first global HR conference in Mumbai
GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...
Jun 16, 2023 (Gmt+09:00)
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Korean startups
Hyundai invests $781 mn in startups to drive future innovation growth
Hyundai Motor Group's open innovation investment in domestic and foreign startups in fields like mobility and artificial intelligence (AI) has excee...
Jun 15, 2023 (Gmt+09:00)
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Artificial intelligence
KT's dietary management solution passes AI quality test
A South Korean artificial intelligence (AI) solution that analyzes and presents information on the type and nutritional content of food after a us...
Jun 15, 2023 (Gmt+09:00)
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Batteries
SKIET bets big on Europe's battery separator market
DABROWA GORNICZA, Poland – The production line of lithium-ion battery separators in SK IE Technology Co.’s (SKIET) factory in Dąbrowa G&...
Jun 14, 2023 (Gmt+09:00)
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Energy
SK Energy, SK REIT to establish complex energy platforms
South Korea's SK Energy announced on Wednesday its partnership with Clean Energy REIT, a real estate subsidiary of SK REIT, to embark on the SK Eco-...
Jun 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus, Hyundai Elevator to launch AI-based management service
LG Uplus Corp. on Monday said it released Miri View, an artificial intelligence (AI)-based elevator passenger safety system developed with Hyundai E...
Jun 13, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung to collaborate with world's leading solar company
Samsung Electronics Co. announced on Tuesday that it is partnering with SolarEdge Technologies, the world's leading solar smart inverter company, to...
Jun 13, 2023 (Gmt+09:00)
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Batteries
LG Energy to expand EV battery care with 7 imported car dealers
South Korea's LG Energy Solution Ltd. has teamed up with seven imported car dealers in the country to expand the company's electric vehicle (EV) b...
Jun 09, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis exceeds $770 bn in R&D investment in 2023
South Korea's car parts maker Hyundai Mobis is turning into a software-oriented mobility company by investing over 1 trillion won ($772.3 million)...
Jun 09, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells sweeps global solar energy industry awards
Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...
Jun 08, 2023 (Gmt+09:00)
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Electric vehicles
Polestar 3 to light up roads with headlamps of LG’s ZKW
The Polestar 3, an all-electric mid-sized sport utility vehicle, will be equipped with high-definition light-emitting diode (HD LED) headlights deve...
Jun 08, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea to ease regulations for foreign investor in domestic market
South Korea is set to raise the annual cap for individuals' overseas fund transfers without prior notice from $50,000 to $100,000, thereby easing th...
Jun 08, 2023 (Gmt+09:00)
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Energy
Challenges, opportunities for Asia’s energy transition: GIG
Global investors injected more than $1 trillion into energy transition for the first time last year. South Korea poured in some $19 billion, becomin...
Jun 07, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to supply new Exynos auto chip to Hyundai in close tie-up
Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it will supply one of its latest automotive chips to Hyundai ...
Jun 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom displays cutting-edge network tech for smart battleships
South Korea's SK Telecom Co. is taking part in this year's International Maritime Defense Industry Exhibition (MADEX), which ends Friday, at Busan...
Jun 07, 2023 (Gmt+09:00)
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Batteries
LG Energy, Novonix join hands for US EV battery material
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, has teamed up with Novonix Ltd., an Australian cell ingredi...
Jun 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS, Honeywell collaborate on smart factory
LG CNS Co., the information technology service arm of LG Group, is enhancing production efficiency and security in smart factories through collabora...
Jun 07, 2023 (Gmt+09:00)
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Batteries
POSCO-GM JV to double cathode output, build precursor plant
South Korean battery materials producer POSCO Future M Co. said on Friday it will inject 1 trillion won ($765 million) into its joint venture with G...
Jun 02, 2023 (Gmt+09:00)
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Economy
S.Korea's trade deficit hits 15th straight month
South Korea last month suffered its 15th straight month of trade deficit, its longest streak since the 1997-98 Asian financial crisis, due to the de...
Jun 02, 2023 (Gmt+09:00)
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Batteries
LG Energy to expand smart factory systems to N.America JVs
South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...
Jun 01, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor builds hydrogen fuel cell factory in China
Hyundai Motor Group has commenced full-scale production at its hydrogen fuel cell system plant in Guangzhou, marking a key step in its global hydrog...
Jun 01, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy starts to construct ammonia test facility
South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has commenced the construction of an ammonia test facility at ...
Jun 01, 2023 (Gmt+09:00)
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Korean stock market
Funds with high exposure to Nvidia, Samsung yield higher returns
It's time again to snap up semiconductor stocks – the market darlings these days.Just like its global peers, including the New York Stock Exch...
May 31, 2023 (Gmt+09:00)