industry-academia cooperation agreement
Scope
Date
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AgTech
S.Korea sends dairy cows, livestock genetic resources to Nepal
The South Korean government is donating dairy cows and genetic resources for cattle to Nepal.The Ministry of Agriculture, Food and Rural Affairs on ...
Dec 07, 2022 (Gmt+09:00)
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Chemical Industry
S.Korea develops carbon composite materials as its 2nd steel industry
The South Korean government will invest 185 billion won ($139.6 million) by 2030 in the development of technology for carbon composite materials, wh...
Dec 07, 2022 (Gmt+09:00)
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Airlines
Korean Air signs agreement with L3Harris for airborne control system
Korean Air Lines Co. is collaborating with L3Harris International, an American aerospace contractor, to introduce the airborne control system for th...
Dec 06, 2022 (Gmt+09:00)
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Companies
SK Discovery launches bio strategy, investment division
Korea's chemical company SK Discovery Co. on Tuesday said it launched a bio strategy and investment division headed by Kim Jung-hoon, director of SK...
Dec 06, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
South Korea's Hyundai Heavy Industries establishes chief AI officer post
South Korea's Hyundai Heavy Industries Group has created the position of chief artificial intelligence (AI) officer (CAIO) to propel a major busines...
Dec 06, 2022 (Gmt+09:00)
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Automobiles
Nexen Tire develops AI-based tech for road surface detection
Nexen Tire Corp. on Monday said it developed technology for road surface detection and analysis of tire braking distance using artificial intelligen...
Dec 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. completes SKC's industrial film unit takeover for $1.2 bn
South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the industrial film business ...
Dec 05, 2022 (Gmt+09:00)
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Companies
LS Mtron supplys tractors to world's No. 2 agricultural machinery firm
LS Mtron, the industrial machinery and core component arm of Korea's LS Group, on Monday said it concluded a contract worth 500 billion won ($387.4 ...
Dec 05, 2022 (Gmt+09:00)
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Capital raising
Industrial Bank of Korea provides Silicon Valley-style financing for startups
Industrial Bank of Korea (IBK) on Friday launched the IBK Venture Loan, which provides bridge loans to promising startups struggling to borrow funds...
Dec 02, 2022 (Gmt+09:00)
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Supply chain
Korea’s industrial losses balloon to $1.2 bn as truckers continue strike
South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its eighth day on Thursday, disrupt...
Dec 01, 2022 (Gmt+09:00)
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Bio & Pharma
Medipost, OmniaBio to enhance cooperation for CDMO business
South Korea's stem-cell therapy company Medipost announced on Thursday that its Canadian affiliate OmniaBio made a two-day visit to South Korea on N...
Dec 01, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES
Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...
Dec 01, 2022 (Gmt+09:00)
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Hydrogen economy
Doosan Enerbility develops amonia cracking technology for hydrogen power generation
South Korea's plant builder Doosan Enerbility plans to secure ammonia cracking technology which can be utilized for hydrogen co-fired power plants. ...
Dec 01, 2022 (Gmt+09:00)
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ESG
SK Inc. bulks up green investments to achieve net zero by 2035
SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is taking preemptive steps to expand its eco-friendly busin...
Dec 01, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korean President Yoon to lead national space policy
South Korean President Yoon Suk-yeol is set to lead the National Space Council, the country’s top control tower for space development, in a bi...
Nov 28, 2022 (Gmt+09:00)
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Construction
Hyundai Engineering completes Long Son plant project in Vietnam
South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...
Nov 28, 2022 (Gmt+09:00)
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Construction
Vietnam to get its first Korean-style industrial complex
A groundbreaking ceremony was held Friday for Vietnam's first Korean-style industrial complex, to be built in the country's northern Hung Yen Provin...
Nov 25, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to make 3 nm chips for Nvidia, Qualcomm, IBM, Baidu
Samsung Electronics Co., the world’s largest memory chipmaker, will make semiconductors with the industry’s most advanced 3-nanometer pr...
Nov 22, 2022 (Gmt+09:00)
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Korean startups
D.Day X D.Camp All Star event aims to narrow gap between VC and startup
Come this Thursday, D.Camp operated by the Banks Foundation for Young Entrepreneurs will host the biggest demo day of the year, in collaboration wit...
Nov 21, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis joins hands with Lion Group to move into Malaysian logistics market (edited)
Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...
Nov 17, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea, US to work on Busan-Seattle green cargo shipping corridor
South Korea and the US are looking to create a green cargo shipping corridor linking the port of Busan with the ports of Seattle and Tacoma as part ...
Nov 16, 2022 (Gmt+09:00)
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Carbon neutrality
GS Caltex to enter carbon capture, utilization and storage sector
South Korea's oil refining and energy giant GS Caltex has teamed up with leading domestic companies in their respective fields to enter the carbon c...
Nov 16, 2022 (Gmt+09:00)
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Korean chipmakers
Fast-shrinking chip lead time clouds semiconductor industry’s future
The global semiconductor industry has been plagued by a chip shortage for a couple of years with automakers and other manufacturers struggling to se...
Nov 15, 2022 (Gmt+09:00)
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Construction
Saudi crown prince to meet Korean business leaders in Seoul
Saudi Arabia’s crown prince Mohammed bin Salman is known to be planning meetings with leaders of major South Korean conglomerates, including S...
Nov 15, 2022 (Gmt+09:00)
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Petrochemicals
S-Oil to OK $6 billion Shaheen project as Saudi prince heads to Seoul
S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will approve the much-touted 8 trillion won ($6 billion) Shaheen project to expand its ...
Nov 14, 2022 (Gmt+09:00)
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Korean startups
South Korea’s biggest startup event ComeUp 2022 kicks off in Seoul
South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...
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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Korean chipmakers
Samsung’s new NAND boasts industry’s highest storage capacity
Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass producing its latest NAND chip, which features the industry&rsqu...
Nov 08, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung fast-forwards digital transformation of its chip business
South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...
Nov 07, 2022 (Gmt+09:00)
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Artificial intelligence
Korea's LS Electric, Thai SCG to cooperate on smart factory
South Korea’s leading automation equipment maker LS Electric Co. and Thailand’s construction and chemical conglomerate Siam Cement Group...
Nov 04, 2022 (Gmt+09:00)
Latest News
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- 3 Seoul prime office deals at 10-year low on rate uncertainty
- 4 LG Display cuts vendors’ stakes, axes jobs for turnaround
- 5 Samsung likely to ship HBM3 to Nvidia for China market