GS Engineering
Scope
Date
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Earnings
Korea’s GS offers dim outlook after weak earnings; stocks down
GS Holdings Corp., the holding company of South Korea’s energy-to-retail conglomerate GS Group, on Wednesday provided a dismal business outloo...
Feb 14, 2024 (Gmt+09:00)
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Energy
SK Earthon sells Peru LNG stake for $257 mn to MidOcean
SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., sold a stake in Peru LNG Co. LLC f...
Feb 08, 2024 (Gmt+09:00)
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Retail
Lotte to sell 7-Eleven’s ATM unit in Korea for around $38 mn
Lotte Group is set to sell the automated teller machine (ATM) business of Korea Seven Co., the operator of convenience store chain 7-Eleven in South...
Feb 07, 2024 (Gmt+09:00)
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Construction
GS E&C banned from new construction deals for 8 months
The South Korean government said on Thursday it has ordered GS Engineering & Construction Corp. (GS E&C) and four smaller builders to halt t...
Feb 01, 2024 (Gmt+09:00)
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Markets
S.Korean securities downgrades GS E&C’s investment opinion
Hyundai Motor Securities downgraded its investment opinion on GS Engineering & Construction Corp. (GS E&C) from "Buy" to "Market Perform" on...
Jan 19, 2024 (Gmt+09:00)
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Business & Politics
Former Hyundai Mobis CEO embarks on ISO president term
In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...
Jan 15, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha to develop own gas turbine engine for future growth
CHANGWON, South Gyeongsang Province – Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is set to double its local gas turb...
Jan 04, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to relocate packaging unit workplace to lure talent
Samsung Electronics Co., the world’s top memory chipmaker, is set to relocate its advanced packaging department’s workplace in South Kor...
Dec 14, 2023 (Gmt+09:00)
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Corporate strategy
Samsung launches new growth engine control tower at mobile division
Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eX...
Dec 11, 2023 (Gmt+09:00)
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Construction & Planning
Samsung Engineering designs Sarawak green hydrogen project in Malaysia
Samsung Engineering Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Friday it has begun th...
Nov 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Two S.Koreans selected as members of CAE
Kinam Kim, President of the National Academy of Engineering of Korea (NAEK) and Sang Yup Lee, Vice President of NAEK were selected as foreign memb...
Nov 23, 2023 (Gmt+09:00)
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Leadership & Management
Hyundai Motor Group to replace heads of auto parts, steel units
Hyundai Motor Group, the world’s third-largest automaker, is set to replace the heads of its auto parts and steel-making affiliates in an earl...
Nov 16, 2023 (Gmt+09:00)
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Korean startups
Goldman Sachs lists Moloco CEO among exceptional entrepreneurs
Moloco Inc., a Silicon Valley-based ad-tech solution startup, said Wednesday that its co-founder and Chief Executive Ikkjin Ahn was named one of the...
Nov 09, 2023 (Gmt+09:00)
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Earnings
Hyundai Motor Group units’ profits double as Chung enters 4th year
South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chu...
Nov 02, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Engineering secures $349 mn bio plant deal
South Korea's Samsung Engineering secured a deal for the Songdo Bio Raw Material Plant construction project from the global life sciences and labora...
Nov 01, 2023 (Gmt+09:00)
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Regulations
Korea's GS Caltex faces FTC probe into intra-group trading
The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex Corp., the country&r...
Oct 13, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem, GS Caltex form eco-friendly materials alliance
LG Chem Ltd. and GS Caltex Corp. are accelerating their efforts in the eco-friendly bio-material business involving 3-hydroxypropionic acid (3HP). 3...
Oct 13, 2023 (Gmt+09:00)
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Energy
POSCO International, GS Caltex to build palm oil refinery in Indonesia
South Korea’s POSCO International Corp. and GS Caltex Corp. on Thursday signed a $210 million deal to build a bio feedstock refinery facility ...
Oct 12, 2023 (Gmt+09:00)
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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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Carbon neutrality
Samsung Engineering partners with global firms for CCUS
South Korea's Samsung Engineering is ramping up its strategies in the carbon capture, utilization, and storage (CCUS) arena by securing partnerships...
Oct 05, 2023 (Gmt+09:00)
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Automobiles
Genesis unveils redesigned GV80, first-ever GV80 Coupe
Hyundai Motor Co.'s premium brand Genesis on Wednesday unveiled the partially redesigned model of its flagship sports utility vehicle (SUV), the GV8...
Sep 27, 2023 (Gmt+09:00)
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Machinery
Daedong targets hobby farmers to double US market share
South Korea’s No. 1 agricultural machinery maker Daedong Corp., better known by the brand name Kioti in the US, is targeting the growing hobby...
Sep 25, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to supply methanol engines to Japanese shipmaker
South Korea's HD Hyundai Co. is supplying its first HiMSEN engine using methanol fuel to a Japanese shipmaker. This represents an acceleration in th...
Sep 22, 2023 (Gmt+09:00)
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Artificial intelligence
Naver’s 'Cue:' throws down the gauntlet to MS Bing Chat
Naver Corp., South Korea’s dominant web portal operator, on Wednesday launched a beta service of its new generative artificial intelligence te...
Sep 21, 2023 (Gmt+09:00)
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Construction
Hyundai Engineering develops cutting-edge sewage treatment tech
South Korea's Hyundai Engineering Co., an engineering solutions provider for plants, architecture, infrastructure and asset management, on Wednesday...
Sep 21, 2023 (Gmt+09:00)
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Automobiles
Hyundai IONIQ 6’s engine named best in US
Hyundai Motor Co. announced on Friday that its electric vehicle (EV) IONIQ 6 sedan's powertrain was named one of the "2023 Wards 10 Best Engines and...
Sep 15, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace to develop engine materials for military UAVs
South Korea’s Hanwha Aerospace Co. on Wednesday said the Korea Research Institute for Defense Technology Planning and Advancement has named th...
Sep 14, 2023 (Gmt+09:00)
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Korean SMEs
Sampyo targets India’s railway track parts market
Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the ...
Sep 11, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to receive $1 bn in unpaid bills from Uzbek gas project
South Korean firms are poised to receive $1 billion in unpaid bill that has accumulated since 2017 from Uzbekistan’s Surgil gas project as the...
Sep 08, 2023 (Gmt+09:00)
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Carbon neutrality
SK Rent-a-Car to replace internal combustion engine cars with EVs
SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company aims to capitalize ...
Sep 08, 2023 (Gmt+09:00)
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