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Beauty & CosmeticsKorea’s Cosmax to shut Ohio plant to cut losses; shares up
Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, plans...
Jul 14, 2022 (Gmt+09:00)
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Shipping & ShipbuildingKorea’s HMM to invest $11 bn in ships, eco-friendly fuels
South Korea’s largest container line HMM Co. is set to spend 15 trillion won ($11.4 billion) by 2026 to diversify business...
Jul 14, 2022 (Gmt+09:00)
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Korean chipmakersSamsung develops world’s fastest graphics DRAM chip
Samsung Electronics Co. on Thursday unveiled a sample of the industry’s fastest graphics DRAM, designed to significantly a...
Jul 14, 2022 (Gmt+09:00)
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Electric vehiclesHyundai’s IONIQ 6 travels faster, farther than Tesla Model Y, Mercedes EQS
BUSAN – Hyundai Motor Co. has launched the IONIQ 6, its first fully electric sedan, which it claims runs faster and boasts...
Jul 14, 2022 (Gmt+09:00)
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Korean startupsSouth Korea’s alternative meat startups get VCs salivating
In South Korea, the list of early stage startups that garnered more than 5 billion won ($3.8 million) in the last 12 months look...
Jul 14, 2022 (Gmt+09:00)
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Corporate strategyLS Group to bolster batteries, EVs and chipmaking, chairman says
South Korean conglomerate LS Group is seeking business opportunities in the materials and parts sectors led by the fast-growing ...
Jul 14, 2022 (Gmt+09:00)
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BatteriesSK On, Ford launch battery JV for N.America EV market
South Korea’s battery maker SK On Co. and US automaker Ford Motor Co. on Wednesday officially launched a joint venture for...
Jul 14, 2022 (Gmt+09:00)
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Tech, Media & TelecomKakao steps back from conflict over Google's in-app payment
South Korea’s Kakao Corp. has voluntarily removed an external payment link from the country’s largest messaging app ...
Jul 14, 2022 (Gmt+09:00)
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Fiber & TextileThe North Face supplier Youngone to bet on global outdoor startups
South Korea’s Youngone Holdings Co. is set to accelerate its new business by establishing a corporate venture capital (C...
Jul 14, 2022 (Gmt+09:00)
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Korean gamesKorean gaming entrepreneur Kim Jae-young joins billionaire ranks
Kim Jae-young, founder and chief executive of Lionheart Studio Corp., the company behind South Korea’s most popular mobile...
Jul 14, 2022 (Gmt+09:00)
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