-
BatteriesLG Energy posts largest-ever profit led by US JV with GM
South Korean battery maker LG Energy Solution Ltd. posted its largest-ever profit in 2022, driven by strong sales after its US j...
Jan 09, 2023 (Gmt+09:00)
-
Korean chipmakersSamsung’s 3 nm chip production yield rises sharply
Samsung Electronics Co. has sharply increased its production yield of the industry’s most advanced 3-nanometer chips for f...
Jan 09, 2023 (Gmt+09:00)
-
Mergers & AcquisitionsKorean activist fund KCGI buys Meritz Asset Management
A consortium led by Korea Corporate Governance Improvement Fund (KCGI), a local activist fund, said on Jan. 9 it signed a share ...
Jan 09, 2023 (Gmt+09:00)
-
Korean Innovators at CES 2023Lotte Chem to raise sales 65% with more advanced materials
LAS VEGAS -- South Korea’s Lotte Chemical Corp. seeks to ramp up sales 65% in nearly 30 years by increasing production of ...
Jan 09, 2023 (Gmt+09:00)
-
Chemical IndustrySK Geo Centric signs MOU with Plastic Energy for plastic recycling plant
SK Geo Centric, a subsidiary of South Korea's top refiner SK Innovation Co., will join hands with a global company to build a su...
Jan 09, 2023 (Gmt+09:00)
-
AirlinesJeju Air ranked first in domestic routes last year
Jeju Air Co. took first place with an 18.2% share of domestic routes in 2022 for the third straight year from 2020.The airline...
Jan 09, 2023 (Gmt+09:00)
-
Shipping & ShipbuildingDSME puts welding collaborative robots into field
Daewoo Shipbuilding & Marine Engineering Co. (DSME) said on Monday that it developed a collaborative robot, or cobot, that...
Jan 09, 2023 (Gmt+09:00)
-
Bio & PharmaSK Bioscience's shingles vaccine obtains product approval from Malaysia
SK Bioscience Co. said on Monday that its shingles vaccine Sky Zoster has been given approval by Malaysia's National Pharmaceu...
Jan 09, 2023 (Gmt+09:00)
-
Construction & PlanningSamsung Engineering wins $1.3 bn order to build ethylene plant in Qatar
South Korea's Samsung Engineering Co. said on Jan. 9 it has signed a 1.6 trillion won ($1.3 billion) contract to build the world...
Jan 09, 2023 (Gmt+09:00)
-
Korean startupsKorean startup Lemonbase attracts $5.6 mn Series A funding
Lemonbase, a South Korean developer and operator of performance management software as a service (Saas), raised 7 billion won ($...
Jan 09, 2023 (Gmt+09:00)
-
EnergySeoul in talks to share nuclear plant export profits with Westinghouse
Korea Hydro & Nuclear Power Co. and its parent company Korea Electric Power Corp. are in discussion with Westinghouse Electr...
Jan 09, 2023 (Gmt+09:00)
-
RegulationsBroadcom to give Samsung warranties to avoid Korea penalties
US chipmaker Broadcom Inc. agreed to provide three-year warranties and technical support for components equipped in products suc...
Jan 09, 2023 (Gmt+09:00)
-
Shipping & ShipbuildingKSOE to develop large-capacity fuel cells with Europe's research center
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai Co., has decided to develo...
Jan 09, 2023 (Gmt+09:00)
-
Bio & PharmaCelltrion develops oral antibody drug with US bio company
South Korea's biopharmaceutical company Celltrion Inc. on Monday said it signed an R&D contract with US-based Rani Therapeut...
Jan 09, 2023 (Gmt+09:00)
-
Korean foodCJ CheilJedang to expand K-food production facilities overseas
South Korean food giant CJ CheilJedang Corp. is slated to increase food manufacturing facilities globally and launch businesses ...
Jan 09, 2023 (Gmt+09:00)
-
Venture capitalSK Ecoplant joins with PnP to foster eco-friendly global startups
South Korea’s SK Ecoplant Co. will join with global venture capital firm Plug and Play (PnP) to discover and launch global...
Jan 09, 2023 (Gmt+09:00)
-
MetaverseLotte showcases metaverse shopping pavilion at CES 2023
Sitting on a chair, people with head-mounted displays enter a virtual world where they can choose their preferred avatars.Throug...
Jan 09, 2023 (Gmt+09:00)
-
ElectronicsLG Elec sweeps 1st place in Best Washers chosen by US consumers
LG Electronics Inc. swept this year's top spot in all major categories of best washing machines evaluated by Consumer Reports,...
Jan 09, 2023 (Gmt+09:00)
-
Korean startupsGlobal VCs urge S.Korea to train lawyers on int'l contracts
Brad McManus, investment director of the Silicon Valley-based venture capital (VC) fund Applied Ventures LLC, said his company w...
Jan 09, 2023 (Gmt+09:00)
-
Alternative investmentsS.Korea's DLS incurring losses due to stock slump exceed $800 billion
South Korea's derivatives-linked securities that entered the knock-in or loss period due to stock slumps at home and abroad exce...
Jan 09, 2023 (Gmt+09:00)
-
BatteriesKorea's SK On scraps $3.2 bn Turkey EV battery factory plan
SK On Co., the world’s No. 5 electric vehicle battery maker, dropped a plan to build a 4 trillion won ($3.2 billion) plant...
Jan 09, 2023 (Gmt+09:00)
-
EconomySeoul ranks 7th in city competitiveness assessed by Japanese Institute
Seoul's urban competitiveness rebounded after five years, ranking seventh in the world. It was due to the fact that the ranking ...
Jan 09, 2023 (Gmt+09:00)
-
Leadership & ManagementKyobo Life chief says data can overcome uncertain future
Shin Chang-jae, chairman and CEO of South Korea's Kyobo Life Insurance, has urged the overcoming of the economic crisis based on...
Jan 09, 2023 (Gmt+09:00)