ASML chip equipment maker
Scope
Date
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Machinery
Daedong wins $52 mn engine order from Doosan Bobcat
South Korea’s No. 1 agricultural machinery maker Daedong Corp. will supply multicylinder diesel engines to Doosan Bobcat Inc. for five years, ...
Oct 05, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics bags AI chiplet foundry order from Tenstorrent
Canadian chip-designing unicorn Tenstorrent Inc. has become a new foundry customer of Samsung Electronics Co., the world’s second-biggest foun...
Oct 04, 2023 (Gmt+09:00)
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Batteries
SK On named to Fortune’s Change the World list
South Korea’s electric vehicle (EV) battery maker SK On is among innovative companies that have changed the world according to Fortune, a le...
Oct 04, 2023 (Gmt+09:00)
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Economy
Korean Sept export drop eases as chip sales hit 1-year high
South Korea’s exports slowed their decline in September to their mildest drop amid a yearlong downturn, raising hopes for a recovery in Asia&r...
Oct 02, 2023 (Gmt+09:00)
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Commodities
Korean lab-grown diamond maker KDT to build plant in India
South Korea’s sole lab-grown diamond producer KDT Diamond Co. will build its first overseas production facility in India by early next year to...
Sep 27, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung set to keep supremacy in low power DRAM with game changer
South Korea’s No. 1 memory chip maker Samsung Electronics Co., also the world’s top player, is set to further break away from the pack w...
Sep 26, 2023 (Gmt+09:00)
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Construction
HD Hyundai, POSCO to team up for unmanned technology
South Korea's HD Hyundai Co. announced on Tuesday that it has signed a business agreement with POSCO Group for the development of unmanned technolog...
Sep 26, 2023 (Gmt+09:00)
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Artificial intelligence
Rebellions teams up with IBM for ATOM AI chip quality test
Rebellions Inc., a South Korean artificial intelligence chip design startup, said on Monday it has forged a partnership with US tech giant IBM to co...
Sep 25, 2023 (Gmt+09:00)
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Batteries
LG Chem, Huayou to build LFP cathode plant in Morocco
South Korea’s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with ...
Sep 24, 2023 (Gmt+09:00)
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Batteries
LG Energy may partner with JSW to make EV batteries in India
South Korea’s LG Energy Solution Ltd., one of the world’s largest battery makers, is in talks with Indian steel-to-energy conglomerate J...
Sep 22, 2023 (Gmt+09:00)
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Electronics
Samsung may use Qualcomm’s new AP for next Galaxy top model
Samsung Electronics Co., the world’s top smartphone maker, may use Qualcomm Inc.’s new application processor (AP) for the top-end model ...
Sep 22, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung SDI gets top int'l grade for zero-waste landfills
South Korea’s Samsung SDI Co. on Wednesday said all of its domestic business sites received the highest grade of Platinum in the Zero Waste to...
Sep 21, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire cuts more jobs as it struggles to recover from fire
South Korea’s largest tire maker Hankook Tire & Technology Co. plans to cut more jobs through a voluntary retirement scheme as the company...
Sep 20, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK becomes top shareholder of US contract drug maker CBM
SK Pharmteco Co., a South Korean contract development and manufacturing organization (CDMO), said on Wednesday it has secured management rights of t...
Sep 20, 2023 (Gmt+09:00)
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Electronics
Seoul Semiconductor secures key EV LED patents
Seoul Semiconductor Co., the world’s No. 3 light-emitting diode (LED) maker, has secured key patents for LEDs to be used in electric vehicles ...
Sep 18, 2023 (Gmt+09:00)
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Artificial intelligence
SK Hynix tests new AI hardware on Meta’s generative AI model
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., has unveiled a new memory chip-based device that boo...
Sep 18, 2023 (Gmt+09:00)
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Batteries
Lotte Energy Materials to build copper foil plant in US for EV makers
Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, plans to build a copper foil plant in the US to meet grow...
Sep 17, 2023 (Gmt+09:00)
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Korean chipmakers
HBM chips key theme for Samsung Nov investors forum
Samsung Electronics Co. will hold an investors forum in Hong Kong in November, where it is expected to share details about the development of high b...
Sep 15, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire to supply tires for BYD's electric truck
Hankook Tire & Technology announced on Thursday that it will supply the Hankook RA08, a tire for a small truck to China's BYD 1-ton electric tru...
Sep 14, 2023 (Gmt+09:00)
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Electronics
Samsung to launch 83-inch OLED TVs equipped with LG panels in Europe
South Korea’s Samsung Electronics Co. is set to bring its 83-inch 4K OLED TV model, with panels supplied by its crosstown rival LG Display Co....
Sep 14, 2023 (Gmt+09:00)
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Korean chipmakers
SK Enpulse to sell off chip processing units in China
SK Enpulse Co., a South Korean semiconductor part and equipment maker, said on Wednesday it will sell off its chip pre-manufacturing processing unit...
Sep 13, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung hikes memory chip prices on depleting client inventories
There are signs of a memory chip market recovery, particularly in the mobile DRAM chip segment, although demand for personal computer chips remains ...
Sep 12, 2023 (Gmt+09:00)
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Korean chipmakers
HBM market to nearly double; next-gen DRAM to revive demand: KIW
SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...
Sep 11, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics aims to draw $256 mn in IPO subscriptions
South Korea’s Doosan Robotics Inc. aims to attract an estimated 340.2 billion won ($255.8 million) in the initial public offering bookbuilding...
Sep 11, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SKC to acquire 12% stake in US chip packaging startup Chipletz
SKC Ltd., a South Korean chemical materials company, said on Monday it will take part in a series B round of investment in Chipletz, a US fabless su...
Sep 11, 2023 (Gmt+09:00)
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Food & Beverage
Snack maker Orion earns dividends from Vietnam for 1st time
South Korea’s confectionery and snack manufacturer Orion Corp. collected dividends from its Vietnamese unit for the first time as the company ...
Sep 07, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung narrows gap with TSMC in foundry market share
South Korea’s Samsung Electronics Co. has narrowed its market share gap with foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), pos...
Sep 06, 2023 (Gmt+09:00)
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Batteries
SK Nexilis inks $1.5 bn copper foil deal with Envision AESC
SK Nexilis Co. has signed a 2 trillion won ($1.5 billion) contract to supply copper foil, a core material in electric vehicle cells, to Chinese seco...
Sep 05, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis eyes over 30% growth in Europe through 2030
MUNICH, GERMANY – Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, is targeting average annual sales growth of 30% in Europ...
Sep 05, 2023 (Gmt+09:00)
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Aerospace & Defense
KAIST discloses Earth images from Next-Gen Small Sat 2
The main payload satellite Next-Generation Small Satellite 2" of the Nuri, launched on May 25, has been confirmed to be operating perfectly, as anno...
Sep 05, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai Motor unveils details of $3.4 billion GBC headquarters
- 2 Doosan Robotics opens Europe office in Germany
- 3 Samsung SDS taps generative AI to counter logistics risks
- 4 Korea may partially lift short-selling ban from June: regulator
- 5 Coupang, HUFS to partner for industry-academic cooperation