new ship orders
Scope
Date
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Shipping & Shipbuilding
HD KSOE gauges carbon emitted over LNG ship's lifespan
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., is calculating the carb...
Jun 09, 2023 (Gmt+09:00)
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Bio & Pharma
CrystalGenomics to supply anti-osteoarthritis drug to Russia for $2 mn
South Korea's first-generation biopharma venture company CrystalGenomics Inc. on Wednesday said it received a $2 million (2.6 billion won) order fro...
Jun 08, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath
TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...
Jun 07, 2023 (Gmt+09:00)
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Electronics
LG Electronics eyes premium market in Saudi Arabia, India
LG Electronics Inc. will seek out new business opportunities as a premium brand in Saudi Arabia for the oil-rich kingdom’s $500 billion Neom m...
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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Electronics
Samsung to showcase new Galaxy foldables in Seoul in July
Samsung Electronics Co., the world’s largest smartphone maker, will showcase new foldable smartphones in the Galaxy Z series next month for th...
Jun 07, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis to expand vehicle module facility in S.Korea
South Korea’s Hyundai Mobis Co. will build its third automotive module plant in Ulsan, South Korea, where its parent Hyundai Motor Group opera...
Jun 06, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy Industries unveils homegrown sea vessels
South Korea's HD Hyundai Heavy Industries Co. (HHI), the shipbuilding affiliate of HD Hyundai Co., on Sunday said it will unveil its next-generati...
Jun 05, 2023 (Gmt+09:00)
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Automobiles
S.Korea's new hybrid car registrations in May exceed diesel's for first time
The number of newly registered hybrid cars in South Korea overtook that of diesel cars for the first time thanks to consumer focus on such models,...
Jun 05, 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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Chief Executives
LG Chem’s CEO searches for talent in Japan to lead new growth engines
Vice Chairman and CEO Shin Hak-cheol of South Korea's largest chemical company LG Chem Ltd. is looking for talent in Japan to lead his company's thr...
Jun 02, 2023 (Gmt+09:00)
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Automobiles
Calligraphy Black: Hyundai Motor's stylish new Palisade SUV
Just like calligraphy — the art of turning simple handwriting into artwork — Hyundai Motor Co. has taken its flagship three-row SUV Pa...
Jun 02, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea to bolster biotech R&D, benchmarking US' Boston
South Korea is poised to boost the biotech industry by accelerating research, education and business partnerships with the biopharmaceutical sector ...
Jun 01, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures $938 mn contract for 5 LNG-powered container ships
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., said on Thursday that i...
Jun 01, 2023 (Gmt+09:00)
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Korean games
South Korean game developers expand business with IPs
South Korean game developers are expanding their business portfolios through their intellectual property to boost profits with a goal to create glob...
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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Electronics
LG Electronics to release monitor that folds neatly in bag
LG Electronics Inc. on Wednesday will release the portable screen and stand StanbyME Go, which targets the growing ranks of South Korea's campers as...
May 30, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility joins global fusion project ITER
South Korea’s Doosan Enerbility Co. will supply pressurizers to the global fusion project International Thermal Experimental Reactor (ITER) ...
May 30, 2023 (Gmt+09:00)
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Energy
LS Cable wins $142 mn contract to supply submarine cables to Taiwan
South Korea's LS Cable & System has secured a 189.2 billion won ($142 million) contract with Orsted, Denmark-based world’s leading offshor...
May 26, 2023 (Gmt+09:00)
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Private equity
MBK co-founder meets with Korean CIOs to finance 6th buyout fund
Asia’s private equity giant MBK Partners Ltd. is set to accelerate fundraising for its new fund, which is expected to become the firm’s ...
May 26, 2023 (Gmt+09:00)
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Corporate investment
CJ dreams to build new kingdom in US with massive investment
CJ Group, a major South Korean conglomerate with a wide range of businesses spanning everything from food to bio, livestock feed, logistics, enterta...
May 25, 2023 (Gmt+09:00)
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Energy
LG Electronics starts production of EV chargers
South Korea's electronic giant LG Electronics Inc. announced on Thursday that it has started production of electric vehicle (EV) chargers, marking i...
May 25, 2023 (Gmt+09:00)
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Retail
Louis Vuitton creates jobs for Korean women returning from career breaks
Louis Vuitton will create jobs for South Korean women coming back from career breaks, a rare move for a global high-end brand in the fast-growing lu...
May 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Daewoo Shipbuilding enters new chapter as Hanwha Ocean
Daewoo Shipbuilding & Marine Engineering Co. (DSME), South Korea’s cash-deprived second-largest shipbuilder, has rebranded itself Hanwha O...
May 23, 2023 (Gmt+09:00)
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Bio & Pharma
CrystalGenomics to sell largest 20% stake to Invites Healthcare for $44 mn
CrystalGenomics Inc., South Korea’s first-generation biopharma venture company, will sell new shares worth 58 billion won ($44 million) in a b...
May 23, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korea's two ride hailing apps to merge in H1, become top operator
South Korea’s ride hailing apps TADA and i.M are set to complete their merger as early as the first half of this year, aiming to become the co...
May 22, 2023 (Gmt+09:00)
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Energy
HD Hyundai Energy Solutions wins its first solar module order in Africa
South Korea's HD Hyundai Energy Solutions Co., HD Hyundai Co.'s solar power subsidiary, on Monday said it will supply solar modules for construction...
May 22, 2023 (Gmt+09:00)
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K-pop
Fifty Fifty sets new record for K-pop girl group with Spotify listeners
K-pop rookie Fifty Fifty has surpassed 34.3 million monthly listeners on Spotify, the world's largest music streaming site, its agency Attrakt said ...
May 22, 2023 (Gmt+09:00)
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Leadership & Management
LG leader Koo seeks new growth drivers at group strategy meetings
Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy meetings groupwide.L...
May 19, 2023 (Gmt+09:00)
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Bio & Pharma
HLB submits new drug application to FDA for Rivoceranib liver cancer drug
HLB Co. announced on May 17 that it has submitted a new drug application (NDA) to the US Food and Drug Administration (FDA) for the approval of Rivo...
May 19, 2023 (Gmt+09:00)