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Korean games
S.Korea to put $3.6 bn shares in gaming giant NXC on sale
The South Korean government said on Monday it will launch a tender offer to sell off a 29.3% stake, valued at around 4.7 trillion won ($3.6 billion)...
Dec 04, 2023 (Gmt+09:00)
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Petrochemicals
Kumho Petrochemical accelerates CCUS push with CO2 capture plant
Kumho Petrochemical Co., South Korean petrochemical major, is accelerating its inroads into the carbon capture, utilization and storage (CCUS) marke...
Dec 03, 2023 (Gmt+09:00)
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Energy
Orsted wins 1.6 GW offshore wind power license from Korea
Danish energy company Orsted has secured exclusive rights to build South Korea’s largest offshore wind power complex in a project estimated at...
Dec 01, 2023 (Gmt+09:00)
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Central bank
BOK chief says rates need to stay high for over 6 months
South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...
Nov 30, 2023 (Gmt+09:00)
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Energy
KHNP eyes Canada's nuclear energy project with ARC, NB Power
Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...
Nov 29, 2023 (Gmt+09:00)
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Batteries
POSCO completes construction of Korea’s 1st lithium hydroxide plant
POSCO Holdings Inc., the investment and holding company of South Korea’s steel giant POSCO, said on Wednesday it has completed the constructio...
Nov 29, 2023 (Gmt+09:00)
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Batteries
Lotte Chem develops tech to improve EV battery durability
Lotte Chemical Corp. said on Tuesday it has developed a technology to improve the durability of electric vehicle cell materials by enhancing the sta...
Nov 28, 2023 (Gmt+09:00)
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Batteries
SK, Lotte cut copper foil output; to up Malaysia capacity
SK Nexilis Co. and Lotte Energy Materials Corp., South Korea’s two leading copper foil producers, have continued to reduce factory operation r...
Nov 27, 2023 (Gmt+09:00)
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Energy
Taihan Cable to bid for power distribution network in UK
South Korea's Taihan Cable & Solution Co. announced on Friday that it signed a memorandum of understanding (MOU) with the global infrastructure ...
Nov 24, 2023 (Gmt+09:00)
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Construction
HD Hyundai wins $72 mn power equipment order in Saudi
HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...
Nov 24, 2023 (Gmt+09:00)
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Energy
SK Group to buy 537 GWh green power from SK E&S
South Korea’s second-largest conglomerate SK Group is accelerating its net zero transition with its affiliates agreeing to buy 537 gigawatts h...
Nov 24, 2023 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 completes USV test facility
South Korea's LIG Nex1 Co. announced on Friday that it completed a system assembly test facility dedicated to unmanned surface vehicles (USV) in Gum...
Nov 24, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to launch low-power, high-speed AI chips in 2024
Samsung Electronics Co. will launch low latency wide (LLW) DRAMs next year, designed to improve the power efficiency of artificial intelligence appl...
Nov 21, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai Wia to defend against illegal drones
South Korea's second-largest automotive parts supplier Hyundai Wia Corp. plans to develop an anti-drone system (ADS) technology tailored to the uniq...
Nov 16, 2023 (Gmt+09:00)
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Hydrogen economy
World’s first test driving hydrogen train succeeds in Ulsan
The world's first test driving hydrogen-electric tram succeeded in Ulsan, South Korea. According to Ulsan Metropolitan Government officials, th...
Nov 16, 2023 (Gmt+09:00)
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Batteries
SK On, BASF tie up for EV battery materials business
SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...
Nov 15, 2023 (Gmt+09:00)
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Robotics
LG, POSCO team up for unmanned robot’s facility management
LG Electronics Inc. announced on Wednesday it conducted a demonstration project for unmanned facility management using an artificial intelligence (A...
Nov 15, 2023 (Gmt+09:00)
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Batteries
SK Ecoplant develops core battery recycling technologies
South Korea’s SK Ecoplant Co. has developed four core battery-recycling technologies, including recovering nickel and cobalt from spent lithiu...
Nov 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom verifies AI server liquid immersion cooling tech
South Korea's SK Telecom Co. announced on Tuesday that it has successfully verified the liquid immersion cooling technology, a next-generation Inter...
Nov 14, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s new LPDDR5T chip shipped to Vivo for X100 smartphones
SK Hynix Inc. said on Monday it has commercialized the world’s fastest mobile DRAM by shipping its new advanced mobile chips, LPDDR5T, to Chin...
Nov 13, 2023 (Gmt+09:00)
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P&O Chemicals completes pitch plant for cathode materials
South Korea's P&O Chemical, a joint venture of POSCO Future M Co. and OCI Holdings Co. completed the pitch plant in Tancheon Industrial Complex,...
Nov 13, 2023 (Gmt+09:00)
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Hydrogen economy
Samsung C&T to build world’s largest liquid hydrogen tank
South Korea's Samsung C&T Corp. announced on Sunday it received certification for the world's largest liquid hydrogen storage tank design from D...
Nov 13, 2023 (Gmt+09:00)
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Automobiles
Kia’s new Carnival RV rides on growing popularity of hybrid cars
Kia Corp., South Korea’s second-largest automaker, is riding on the growing popularity of hybrid vehicles as pure electric vehicle uptakes slo...
Nov 10, 2023 (Gmt+09:00)
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Electric vehicles
Polestar 4 EV to be built at Renault’s Korean plant from 2025
Swedish electric vehicle maker Polestar will build its upcoming Polestar 4 SUV coupe at Renault Group’s manufacturing plant in South Korea fro...
Nov 10, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to continue DRAM output cut until year-end; NAND recovery slow
Samsung Electronics Co., the world’s largest memory chipmaker, will continue its ongoing DRAM chip production cut at least until the end of th...
Nov 09, 2023 (Gmt+09:00)
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Economy
KDI cuts Korea growth forecasts, ups inflation predictions
A South Korean government think tank has cut its growth forecast in Asia’s fourth-largest economy for this year and next but raised inflation ...
Nov 09, 2023 (Gmt+09:00)
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Energy
Hyundai E&C to form private-public partnership for US solar power
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C), Korea Midland Power Co., and the Korea Overseas Infrastructure & Urb...
Nov 09, 2023 (Gmt+09:00)
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Korean startups
Korean AI startups Allganize, Neurophet raise over $35 mn
South Korea’s artificial intelligence technology startups Allganize Inc. and Neurophet Inc. raised about 47 billion won ($35 million) in total...
Nov 08, 2023 (Gmt+09:00)
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Artificial intelligence
LG, Qraft Technologies' AI-powered ETF trades on NYSE
South Korea’s LG Group and Seoul-based Qraft Technologies Inc. have jointly launched an exchange-traded fund (ETF) that selects holdings relat...
Nov 08, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipyards to beat Chinese rivals with green tankers
South Korean dockyards aim to expand their presence in the global tanker market dominated by Chinese players with vessels designed to transport or s...
Nov 07, 2023 (Gmt+09:00)
Latest News
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- 5 Samsung C&T consortium wins $1.6 bn Turkish highway project