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Hydrogen economy
Hyundai Glovis to build hydrogen supply chain with Air Products
Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, agreed to set up a liquid hydrogen supply chain with Air Products, the world’s la...
Oct 19, 2021 (Gmt+09:00)
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Earnings
POSCO emerges from pandemic blues with record third-quarter profit
South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high quarterly ...
Oct 13, 2021 (Gmt+09:00)
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Korean startups
Luxury reseller EndAnd offers one-of-a-kind authentication service
One of the biggest concerns in purchasing a secondhand luxury item is being uncertain if the item is real or fake. And South Korea-based luxury resa...
Oct 13, 2021 (Gmt+09:00)
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Petrochemicals
LG Chem to build technical support centers in EU, US
LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...
Oct 11, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung surprises foundry industry with plan for 2 nm chips
Samsung Electronics Co. caught its global semiconductor competitors off guard last week at the Samsung Foundry Forum 2021 with its announced plan to...
Oct 10, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha to raise $503 mn to expand China PVC production
South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...
Oct 08, 2021 (Gmt+09:00)
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Food & Beverage
Food triggers next phase of global K-culture craze
The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...
Oct 05, 2021 (Gmt+09:00)
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Batteries
POSCO breaks ground on $101 million battery recycling plant
South Korea’s top steelmaker POSCO on Thursday broke ground on its 120 billion won ($101 million) plant to extract nickel, lithium and cobalt,...
Oct 01, 2021 (Gmt+09:00)
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Markets
China power crisis, US tightening chill sentiment on Korea IT sector
Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...
Sep 30, 2021 (Gmt+09:00)
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ASEAN
Korea needs to expand investment in ASEAN, import good products more
The Association of Southeast Asian Nations (ASEAN) is South Korea’s largest source of trade surplus. The Northeast Asian country generated $34...
Sep 29, 2021 (Gmt+09:00)
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Steel
Dongkuk Steel adds another production line of color coated steel
Dongkuk Steel Mill Co., the world’s leading manufacturer of color coated steel, has expanded its production capacity even further. The company...
Sep 28, 2021 (Gmt+09:00)
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Automobiles
Hyundai to develop alternatives to automotive chips
Hyundai Motor Co., South Korea’s top automaker, plans to develop alternative elements to automotive chips in preparation for a prolonged suppl...
Sep 28, 2021 (Gmt+09:00)
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Entertainment
S.Korean content shares surge with global success of Squid Game
South Korea’s major content production houses have made a big comeback in the local stock market on Sept. 27 after a period of downhill over t...
Sep 27, 2021 (Gmt+09:00)
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Electronics
LG Electronics turns home appliance plant into smart factory
South Korea’s LG Electronics Inc. said on Thursday it is turning its main home appliance plant into a smart factory, which improves productivi...
Sep 16, 2021 (Gmt+09:00)
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Energy
Korea refiners' recovery accelerates on strong margins
South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...
Sep 13, 2021 (Gmt+09:00)
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Automobiles
Hyundai mulls robot dog Spot for facility inspector job
South Korea's largest carmaker Hyundai Motor Group is considering employing Spot, the four-legged robot developed by Boston Dynamics Inc., in its ...
Sep 10, 2021 (Gmt+09:00)
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Batteries
EcoPro BM to reveal overseas production plans in mid-Oct
South Korea’s battery materials maker EcoPro BM Co. is set to unveil its plans for manufacturing in other countries including the United State...
Sep 10, 2021 (Gmt+09:00)
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Pharamaceuticals
Korea’s Genome & Company aims US CMO market
South Korea’s microbiome medicine developer Genome & Company geared up for entering the U.S. market to boost profits and make inroads into...
Sep 09, 2021 (Gmt+09:00)
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Intel to invest up to $95 billion in European chipmaking amid US expansion
Intel Corp. plans to build new chipmaking facilities in Europe valued at up to $95 billion, responding to a cross-border race to add manufacturing c...
Sep 08, 2021 (Gmt+09:00)
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Steel
Steel stocks rally on iron ore price falls, Q3 outlook
Shares in South Korean steelmakers rose sharply in active trade on Tuesday, on the prospect that the declining iron ore price and Chinese rivals' ou...
Sep 07, 2021 (Gmt+09:00)
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Tech, Media & Telecom
LG Chem unveils new cover window technology for foldable devices
LG Chem Ltd., the chemical unit of South Korea’s LG Group, said on Tuesday it has developed a new cover window that folds both ways – in...
Sep 07, 2021 (Gmt+09:00)
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Korean startups
Korea's plus-size fashion mall 09Women readies for 2022 IPO
The successful initial public offering of California-based plus-size fashion company Torrid Holdings Inc. has drawn attention to 09Women Co., a Sout...
Sep 06, 2021 (Gmt+09:00)
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Corporate rebranding
SK Global Chemical rebrands as plastic recycler SK Geocentric
SK Innovation Co.’s petrochemical unit SK Global Chemical Co. has undergone a corporate name change to SK Geocentric Co., in a move to reident...
Aug 31, 2021 (Gmt+09:00)
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Korean games
Game firms seeking strong IP extend ties with content makers
South Korean game developers and publishers are increasingly building business alliances with players in the content industry through equity investm...
Aug 31, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to ramp up production capacity of foldable devices by 50%
Samsung Electronics Co. will expand the production capacity of foldable devices amid an unexpected global craze over its Galaxy Z Fold 3 and Z Flip ...
Aug 30, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Electro-Mechanics to benefit as COVID-19 slams competitors
Samsung Electro-Mechanics is expected to benefit as the COVID-19 has hit its competitors in the global multi-layer ceramic capacitor (MLCC) market.T...
Aug 27, 2021 (Gmt+09:00)
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Entertainment
SM to absorb music production unit before founder's stake sale
SM Entertainment Co., a South Korean music powerhouse, will absorb a music production company wholly owned by its founder and chief producer Lee Soo...
Aug 25, 2021 (Gmt+09:00)
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Batteries
SM Lab develops cathode with 98% nickel, industry’s highest density
SM Lab, a South Korean battery material startup, has developed a cathode with 98% nickel content, the highest density ever for rechargeable batterie...
Aug 18, 2021 (Gmt+09:00)
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Earnings
‘Revenge shopping’ lifts Korean retail giants’ Q2 earnings
Major department stores in South Korea such as Shinsegae Department Store and Hyundai Department Store Co. have seen their earnings improve signific...
Aug 13, 2021 (Gmt+09:00)
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COVID-19
Korean govt to spend $1.9 billion to become world’s leading vaccine maker
The South Korean government will invest 2.2 trillion won ($1.9 billion) by 2025 to become a top five vaccine producer in the world. President Moon J...
Aug 05, 2021 (Gmt+09:00)