supply shortage
Scope
Date
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Bio & Pharma
Ybrain, Chong Kun Dang join forces for digital medicine distribution
South Korean electroceutical platform company Ybrain Inc. said on Tuesday it has entered into a joint promotion agreement with Chong Kun Dang Pharma...
Jan 31, 2023 (Gmt+09:00)
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Batteries
POSCO Chem, Samsung SDI ink $33 bn EV battery material deal
POSCO Chemical Co., a battery material unit of South Korea’s steel giant POSCO Holdings Inc., and Samsung SDI Co., the world’s No. 6 ele...
Jan 30, 2023 (Gmt+09:00)
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Airlines
Asiana to introduce sustainable aviation fuel in partnership with Shell
Asiana Airlines Inc. has joined hands with multinational energy company Shell plc to introduce sustainable aviation fuel (SAF), an eco-friendly fuel...
Jan 30, 2023 (Gmt+09:00)
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Batteries
LG Energy to raise capex by 50% in bet on strong EV growth
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...
Jan 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT signs mineral resource supply deal with Mongolia
South Korea’s telecom giant KT Corp. said on Thursday it has signed a mineral resources supply deal with the Mongolian government, under which...
Jan 26, 2023 (Gmt+09:00)
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Energy
Samkang M&T to supply offshore wind power substructure to Japan's NSE
Samkang M&T, a subsidiary of SK Ecoplant Co., has signed a contract to supply jacket foundations for offshore wind generators to a Japanese comp...
Jan 26, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung earns ISO 22301 certification for business continuity
Samsung Electronics Co.'s device solutions division has achieved ISO 22301 certification, the international business continuity management system (B...
Jan 26, 2023 (Gmt+09:00)
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Bio & Pharma
ST Pharm exports $14.6 mn worth of drug ingredients to Europe
ST Pharm Co., a South Korean company specializing in contract development and manufacturing of drug ingredients, has signed a supply contract worth ...
Jan 20, 2023 (Gmt+09:00)
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Bio & Pharma
NGeneBio's diagnostic products start to be used in clinical tests in Vietnam
South Korea's medical diagnostics company NGeneBio Co. said on Wednesday that it is expanding its business in the Southeast Asian precision diagnost...
Jan 19, 2023 (Gmt+09:00)
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Batteries
S.Korea’s battery material exports double to $10 bn
South Korea’s battery material exports more than doubled to exceed overseas sales of electric vehicle cells last year, helping the country&rsq...
Jan 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Innotek eyes top spot in FC-BGA substrate market
South Korea’s LG Innotek Co. will boost the production of its flip chip ball grid array (FC-BGA) packages, or high-density package substrates,...
Jan 12, 2023 (Gmt+09:00)
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Bio & Pharma
Osstem Implant to supply 490,000 sets to Chinese government
Osstem Implant Co. said on Wednesday that it has won more than 490,000 sets of implants in a bid for dental implants put up by the Chinese governmen...
Jan 11, 2023 (Gmt+09:00)
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Steel
Dong Yang Steel Pipe signs contract with Japanese EPC company
DongYangSteelPipe, a steel pipe unit of KBI Group, said on Tuesday that it had signed on the previous day an agreement with a Japanese EPC (engineer...
Jan 11, 2023 (Gmt+09:00)
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Retail
S.Korea resumes egg imports in 13 months due to soaring prices
As egg prices soared due to the spread of bird flu or avian influenza, the South Korean government resumed imports of eggs to ease price pressure.It...
Jan 11, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
Samsung, Harman unveil in-vehicle driver alert system
When a driver feels drowsy and his eyelids start slipping, a red light flickers on his dashboard with a warning sound.That’s the key feature o...
Jan 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Point2 Technology to supply network cable solutions to Amazon
Point2 Technology, which specializes in high-speed communications solutions, said on Wednesday that it has signed a network cable solution supply co...
Jan 06, 2023 (Gmt+09:00)
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Bio & Pharma
NeoImmuneTech, US think tank to develop treatment for acute radiation syndrome
Biopharmaceutical company NeoImmuneTech has grabbed an opportunity to supply new drug candidates in development as strategic items to the US gover...
Jan 04, 2023 (Gmt+09:00)
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Energy
S.Korea's top 2 LPG importers E1 and SK Gas cut supply price
South Korea's two major importers of liquefied petroleum gas (LPG), E1 Corp. and SK Gas Corp., have both cut their supply price of LPG in the first ...
Jan 02, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire supplies tires to Nissan's new X-Trail SUV
Hankook Tire & Technology said on Tuesday it would supply its ultra-high-performance sports tire Ventus S1 evo3 SUV to Nissan's fourth-generatio...
Dec 28, 2022 (Gmt+09:00)
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Private equity
BASF, ADM join race to buy Korean ceramide maker Solus Biotech
BASF SE, the world’s largest chemical producer, US food processing giant ADM Co. and two other global companies have joined the race to acquir...
Dec 27, 2022 (Gmt+09:00)
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Bio & Pharma
KOICA donates Celltrion's Herzuma to Ukraine
Celltrion Healthcare Co. said on Monday that Herzuma (ingredient name: Trastuzumab) was dispatched to patients in Ukraine by the Korea International...
Dec 26, 2022 (Gmt+09:00)
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Fintech
South Korea doubles gov't fintech innovation fund to $781 million
The South Korean government will double the value of its Fintech Innovation Fund, a source of financial support for the financial technology or fint...
Dec 26, 2022 (Gmt+09:00)
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Carbon neutrality
LG Chem, GS EPS to build $248 million biomass power plant
LG Chem Ltd., South Korea’s top chemicals maker, said on Tuesday it has signed a contract with GS EPS Co. to build a 320 billion won ($248 mil...
Dec 20, 2022 (Gmt+09:00)
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Energy
SGC Energy signs 10-year contract to supply liquid CO2
South Korea’s SGC Energy Co. recently signed a contract to supply liquid carbon dioxide to a domestic company for 10 years starting January 20...
Dec 19, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor to supply 3,000 vehicles to Libya's disabled
Hyundai Motor Co. said on Sunday that it had signed an agreement to supply vehicles to Libya's disabled through the Social Solidarity Fund, an agenc...
Dec 19, 2022 (Gmt+09:00)
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Companies
SK Materials, Arencibia ink MOU on noble gas recycling
SK Materials Airplus Co. announced on Monday that it signed an MOU with US-based Arencibia to prepare to enter the noble gas recycling business.&n...
Dec 19, 2022 (Gmt+09:00)
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Automobiles
LG Electronics, Corning join hands to develop curved glass for vehicles
LG Electronics and Corning said Wednesday that they have agreed to jointly develop a glass solution for curved displays for vehicles.The two compani...
Dec 14, 2022 (Gmt+09:00)
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Entertainment
CJ ENM to provide K-content on free platforms Tubi, Roku
South Korean entertainment giant CJ ENM Co. is linking up with major free streaming services in North America to expand accessibility for global fan...
Dec 13, 2022 (Gmt+09:00)
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Batteries
Hyundai Electric to supply ESS worth $160 mn to KEPCO's substation
Hyundai Electric, an electric systems spinoff from South Korean shipbuilding giant Hyundai Heavy Industries Co., said on Tuesday that it will supply...
Dec 13, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai Doosan Infracore to supply engines for K2 tanks bound for Poland
Hyundai Doosan Infracore Co., a South Korean construction equipment company, said on Tuesday it has signed a 180 billion won ($138 million) contract...
Dec 13, 2022 (Gmt+09:00)
Latest News
- 1 Hyosung, Kolon’s tire cord plants run at 100% rate
- 2 Acquisition loan rates dip to pre-pandemic levels in Korea
- 3 Alipay’s rise puts Korea on alert to private data breaches
- 4 GS E&C plans to sell entire stake in GS Elevator to Chinese firm
- 5 Hanwha Aerospace to spin off non-core units for defense sector