Carbon materials

LG Chem expands carbon nanotube production with new plant

LG Chem Ltd. has completed production line extension for carbon nanotubes (CNT), known as the wonder material for its strength and conductivity. CNT is a material with high electrical and thermal conductivity, a level similar to those of copper and diamond, and its physical str

Samsung tax

Banks keen to lend to Samsung heirs for inheritance tax

South Korean banks are queuing up to extend credit to Samsung Group's de-facto leader Jay Y. Lee and his family who are due to pay over 2 trillion won, as part of inheritance taxes estimated at over 12 trillion won ($11 billion), by the end of this month. Lee and his family, inc

Live commerce

Live commerce app Grip aspires to take over the world via shopping

There's an app where users can shop as if they're video chatting with their friends. How does this work? A seller will introduce products via live stream while viewers can tune in and ask various questions. If interested, users can purchase the product with just a few simple cl

Global chip crisis

Push for autonomy puts countries at brink of chip cold war

The ongoing global race for semiconductors, largely driven by the aggressive measures taken by both China and the US, has entered a more serious phase with the European Union joining the emerging chip cold war as the third bloc. German Chancellor Angela Merkel said on Apr. 12 at Hannover Messe, one of the world’s largest industrial fairs, that Germany will “invest a total sum of 3.6 billion euros ($4.3 billion) on non-memory semicon