industries of the future
Scope
Date
~
-
Retail
WRC-approved longest-distance golf ball ATTOMAX on sale in Korea
ATTOMAX golf balls approved by the World Record Committee (WRC) as the longest-flying golf balls in the world finally hit the South Korean market on...
Mar 31, 2023 (Gmt+09:00)
-
Leadership & Management
LG Group Chairman names AI, bio, clean tech as new growth engines
LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...
Mar 30, 2023 (Gmt+09:00)
-
Chemical Industry
POSCO Int'l expands into bioplastic recycling business
POSCO International, a subsidiary of South Korea's steel-making-oriented POSCO Group, announced on Wednesday its entry into the biodegradable biopla...
Mar 29, 2023 (Gmt+09:00)
-
Aerospace & Defense
Hyundai E&C, KAI to develop export-type package for defense industry
South Korea's Hyundai Engineering & Construction (E&C) and Korea Aerospace Industries Ltd. (KAI) will jointly develop an export package for ...
Mar 28, 2023 (Gmt+09:00)
-
Petrochemicals
Kolon Industries achieves certification for eco-friendly petroleum resins
Kolon Industries Inc., a Korean manufacturer of chemical and textile products, announced on Monday that it has become the first company in the domes...
Mar 27, 2023 (Gmt+09:00)
-
Energy
SK Energy wins first place in K-BPI gas station sector in Korea
SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...
Mar 27, 2023 (Gmt+09:00)
-
Automobiles
Korea’s LG Elec, POSCO Future M receive GM supplier awards
South Korea’s LG Electronics Inc. and POSCO Future M said on Sunday that they won annual supplier awards from US top automaker General Motors ...
Mar 26, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung, Aramco to cooperate in using industrial 5G tech
Samsung Electronics Co. and Saudi Aramco announced on Friday the signing of a strategic cooperation memorandum of understanding aimed at localizing ...
Mar 24, 2023 (Gmt+09:00)
-
Shipping & Shipbuilding
HD Hyundai, Korea Univ. open internship to develop future talent
South Korea's HD Hyundai Co. and Korea University will jointly develop next-generation personnel to lead core business lines of the future.Chung Ki-...
Mar 24, 2023 (Gmt+09:00)
-
Banking & Finance
Brokerage firms in S.Korea log sharp falls in 2022 earnings
Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...
Mar 23, 2023 (Gmt+09:00)
-
ESG
HMM receives Gold rating in EcoVadis ESG evaluation
HMM Co., formerly known as Hyundai Merchant Marine, announced on Thursday that it has received the "Gold" rating for environmental, social and gover...
Mar 23, 2023 (Gmt+09:00)
-
Insurance
Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame
Shin Chang-jae, chief executive and chairman of South Korea’s Kyobo Life Insurance Co., has been honored with a prestigious award from the I...
Mar 22, 2023 (Gmt+09:00)
-
Chemical Industry
Kolon Industries to make 100% plant-based eco-friendly plastic
Kolon Industries Inc.'s Future Technology Institute announced on Wednesday that it has partnered with Stora Enso Oyj, a global biomaterials leader f...
Mar 22, 2023 (Gmt+09:00)
-
ESG
Samsung Electronics gets highest-level certification from AWS
South Korea's electronics giant Samsung Electronics Co. has achieved the highest level of "Platinum" certification from the Alliance for Water Stewa...
Mar 22, 2023 (Gmt+09:00)
-
Chemical Industry
POSCO Future M to spend $300 million on NCA cathode plant in Pohang
South Korea's battery component maker POSCO Future M, formerly POSCO Chemical, on Tuesday said it will build its first plant solely for cathode mate...
Mar 21, 2023 (Gmt+09:00)
-
Food & Beverage
S.Korea's brewery Seoul Jangsu forms marketing tie-up with fashion industry
With South Korea's traditional milky rice wine makgeolli seeing its second heyday centered on the 20- and 30-something crowds, marketing tie-ups tar...
Mar 21, 2023 (Gmt+09:00)
-
Carbon neutrality
Hyundai Motor opens Habitat One exhibition in Seoul
Hyundai Motor Co. announced on Sunday that it will host a "Habitat One" exhibition at Hyundai Motor Studio Seoul in Gangnam, Seoul, showcasing a fut...
Mar 20, 2023 (Gmt+09:00)
-
Corporate restructuring
HD Hyundai to rename subsidiaries to boost brand identity
HD Hyundai Co., a South Korean conglomerate that operates in shipbuilding, construction equipment, oil refining and other sectors, plans to rename i...
Mar 20, 2023 (Gmt+09:00)
-
Food & Beverage
Korea's LifeSemantics establishes health functional food subsidiary
Digital healthcare company LifeSemantics Co. has entered the health functional food business by creating a new subsidiary, NutraSemantics. The South...
Mar 17, 2023 (Gmt+09:00)
-
Carbon neutrality
HD Hyundai forms S.Korea's first integrated carbon footprint team in shipbuilding
South Korea's HD Hyundai Co. has teamed up with domestic shipbuilders and classification societies to form the first integrated "carbon footprint" t...
Mar 17, 2023 (Gmt+09:00)
-
Business & Politics
Korean Chips Act set to pass parliament in March; coverage expanded
South Korea’s answer to the US CHIPS and Science Act is on course for National Assembly approval by the end of this month as the ruling and op...
Mar 17, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
LG Chairman Koo on the hunt for talent to win future technology war
LG Group Chairman Koo Kwang-mo is spearheading South Korea’s fourth-largest conglomerate’s search for top R&D talent in science and ...
Mar 17, 2023 (Gmt+09:00)
-
Energy
S.Korea's SK Ecoengineering launches cogeneration platform
SK Ecoengineering Co., a South Korean engineering company specializing in environmental and energy projects, said on Thursday that it has launched a...
Mar 16, 2023 (Gmt+09:00)
-
Hydrogen economy
Kolon Industries showcases hydrogen fuel cell materials at Tokyo Expo
Kolon Industries Inc., a Korean manufacturer of chemical and textile products, said on Wednesday that it was exhibiting its hydrogen fuel cell parts...
Mar 16, 2023 (Gmt+09:00)
-
Korean chipmakers
Korea to raise young chip engineers for Samsung, SK Hynix
South Korea plans to nurture more youths specialized in semiconductors at high schools to ease the worsening shortage of high-skilled workers at d...
Mar 13, 2023 (Gmt+09:00)
-
Food & Beverage
Pulmuone looks to enter US plant-based convenience food market
Pulmuone, a leading South Korean producer of plant-based foods such as tofu and bean sprouts, is trying to expand the K-food territory in the global...
Mar 13, 2023 (Gmt+09:00)
-
Petrochemicals
Hyundai E&C consortium breaks ground on $7 bn S-Oil Shaheen project
A South Korean consortium led by Hyundai Engineering & Construction Co. has embarked on building 9.26 trillion won ($7 billion) petrochemical fa...
Mar 10, 2023 (Gmt+09:00)
-
Korean chipmakers
System on chips: Samsung’s new high-stakes foundry business
Samsung Electronics Co. is setting its sights on system on chips (SoCs) to continue to drive growth in its foundry business amid a protracted slowdo...
Mar 09, 2023 (Gmt+09:00)
-
Electronics
LG Electronics opens R&D corporation in Hanoi, Vietnam
LG Electronics Inc. will upgrade its research and development (R&D) center in Vietnam to an official corporation and boost its electric vehicle ...
Mar 09, 2023 (Gmt+09:00)
-
Construction
S.Korea's builders diversify biz portfolios to waste battery, other sectors
South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...
Mar 08, 2023 (Gmt+09:00)