manufacturing hub
Scope
Date
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Batteries
Korea’s L&F to build $609 mn EV battery precursor plant
L&F Co., a major South Korean electric vehicle battery material maker, is set to spend up to 800 billion won ($608.8 million) on a factory in ...
May 23, 2023 (Gmt+09:00)
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Economy
S.Korea's BSI dips below 100 for 15th consecutive month
The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...
May 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai Wia starts to produce coolant hub module
Hyundai Wia Corp., an auto parts unit of Hyundai Motor Group, is making a full-scale entry into the market for electric vehicle thermal management s...
May 16, 2023 (Gmt+09:00)
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Travel & Leisure
Yanolja acquires Israeli tourism tech company Go Global Travel
South Korea's tourism platform unicorn Yanolja has acquired Go Global Travel (GGT), an Israel-based company for global business-to-business (B2B) tr...
May 15, 2023 (Gmt+09:00)
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Bio & Pharma
K-Bio Lab Hub, Japan's iPark to jointly support bio startups
South Korean Ministry of SMEs and Startups announced on Friday that it has reached the previous day an agreement with Japan's iPark Institute duri...
May 12, 2023 (Gmt+09:00)
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Economy
S.Korea’s chronic disease: Decline in youth employment
The number of young workers in South Korea fell for a sixth straight month in April to its lowest point in more than two years, deepening concerns t...
May 10, 2023 (Gmt+09:00)
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Economy
S.Korea to see 240K drop in number of manufacturing workers by 2032
The number of workers in South Korea's manufacturing sector is expected to drop by 240,000 over the next 10 years, a report says, caused by the decl...
May 10, 2023 (Gmt+09:00)
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Bio & Pharma
Lemonex signs MOU with WHO mRNA vaccines tech hub
South Korea's gene therapeutics developer Lemonex announced on Tuesday that it has signed a memorandum of understanding (MOU) with the World Health ...
May 09, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience to produce MSD’s new Ebola vaccine candidate
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Monday that it has signed a contract with MSD, a global pharma...
May 08, 2023 (Gmt+09:00)
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Korean startups
Asleep forms partnership with National Sleep Foundation of US
South Korea's sleep technology startup Asleep, which was part of an economic delegation accompanying President Yoon Suk Yeol's recent state visit to...
May 02, 2023 (Gmt+09:00)
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Robotics
S.Korea’s Doosan to supply robots to Rockwell Automation
South Korea’s plant and machinery powerhouse Doosan Group has joined hands with North America’s top industrial automation solution provi...
Apr 30, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience to invest $1.8 billion, seeks M&As for inorganic growth
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, plans to spend 2.4 trillion won ($1.8 billion) over the next five years and...
Apr 28, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea gov’t hosts sales event for domestic, US SMEs
South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state...
Apr 26, 2023 (Gmt+09:00)
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Electronics
Samsung, MS open Gaming Hubs in London, New York
Samsung Electronics Co. has partnered with Microsoft to launch gaming hubs in the heart of London and New York. The two companies have installed Sam...
Apr 25, 2023 (Gmt+09:00)
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Research & Development
POSCO Holdings opens new R&D center in Pohang
POSCO Holdings said on Thursday that it has opened a headquarters for POSCO N.EX.T Hub, which will lead the R&D efforts for the entire POSCO G...
Apr 20, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai Engineering, SK Ecoplant to produce carbon-neutral hydrogen
South Korea's Hyundai Engineering Co. and SK Ecoplant Co. are teaming up with Ultra Safe Nuclear Corporation (USNC), a US micro modular reactor (MMR...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
Samsung Electronics opens 3rd C-Lab Outside regional hub
Samsung Electronics Co. on Thursday opened the third regional center of its C-Lab Outside, a corporate partnership program to nurture local startups...
Apr 13, 2023 (Gmt+09:00)
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Earnings
LG Energy’s Q1 profit soars on gains from US battery tax credits
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likely more than doubled,...
Apr 07, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire's iON evo tops Auto Bild's electric car tire test
Korean tire manufacturer Hankook Tire & Technology announced on Friday that its electric vehicle-dedicated high-performance tire, the iON evo, h...
Apr 07, 2023 (Gmt+09:00)
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Chemical Industry
Hyosung TNC to team up with Samsung for eco-friendly protective clothing
Hyosung TNC Corp., a South Korean textile and yarn manufacturer, is teaming up with Samsung Electronics Co. to produce eco-friendly protective cloth...
Mar 30, 2023 (Gmt+09:00)
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Energy
Hanwha to build solar cell components plant in Georgia
South Korea’s Hanwha Advanced Materials Corp. will spend $147 million to build a solar panel components plant in the US state of Georgia, acco...
Mar 24, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity
South Korea’s top tire maker Hankook Tire & Technology Co. shut down a local production complex on Sunday due to a fire, stoking concerns ...
Mar 13, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma's licensed flu vaccine gets approval in Taiwan
South Korea's pharmaceutical firm GC Biopharma Corp. announced on Monday that its quadrivalent flu vaccine has received marketing approval from the ...
Mar 13, 2023 (Gmt+09:00)
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Machinery
LS Electric unveils smart factory solutions
South Korea’s LS Electric Co. on Wednesday said it has unveiled its future factory automation solutions for the digital transformation era at ...
Mar 09, 2023 (Gmt+09:00)
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Hydrogen economy
GS Caltex, KOEN to establish clean hydrogen hub in Korea
GS Caltex Corp., a South Korean oil refiner jointly owned by Chevron and GS Group, announced a partnership with Korea South-East Power Co., Ltd. (KO...
Mar 08, 2023 (Gmt+09:00)
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Bio & Pharma
Korea's ST Pharm completes new R&D hub for gene therapy
ST Pharm Co., a South Korean drug raw material-producing subsidiary of Dong-A Socio Holdings, said on Friday that it has finished building an R&...
Mar 03, 2023 (Gmt+09:00)
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Korean chipmakers
US CHIPS Act threatens Samsung, SK Hynix’s memory supremacy
WASHINGTON D.C. – The Biden administration’s “Chips for America” program aims to keep China’s growing clout in the sem...
Mar 02, 2023 (Gmt+09:00)
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Carbon neutrality
LowCarbon, Space Florida sign agreement to build hydrogen hub
LowCarbon, South Korea's climate tech company, has signed an agreement on Thursday with Space Florida and Ocean Green Hydrogen, a Tampa-based climat...
Feb 24, 2023 (Gmt+09:00)
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Economy
AmCham pledges to make S.Korea Asia's top biz hub
The American Chamber of Commerce (AmCham) in South Korea on Thursday said it seeks to make the nation Asia's top business hub on the 70th anniversar...
Feb 23, 2023 (Gmt+09:00)
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Batteries
Ford, LG Energy to build Turkey EV battery plant for Europe
US automaker Ford Motor Co. and South Korean battery manufacturer LG Energy Solution Ltd. are targeting the electric commercial vehicle sector in Eu...
Feb 22, 2023 (Gmt+09:00)