Green Line
Scope
Date
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Automobiles
Hyundai’s Chung rolls up sleeves to counter US EV tax credit act
Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...
Aug 25, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to spend $74 bn on chip production lines in Korea
Samsung Electronics Co., the world’s top memory chipmaker, is expected to invest some $74 billion to expand semiconductor production capacity ...
Aug 23, 2022 (Gmt+09:00)
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Construction
SK Ecoplant to supply fuel cells to China’s top data center operator GDS
South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...
Aug 23, 2022 (Gmt+09:00)
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Corporate investment
Korea Zinc to invest $7.5 billion in green hydrogen, battery materials
Korea Zinc Co., the world’s largest lead and zinc smelter, plans to spend 9.74 trillion won ($7.5 billion) in renewable energy, green hydrogen...
Aug 09, 2022 (Gmt+09:00)
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Corporate investment
SK to build first chip packaging plant in US with $22 bn investment
WASHINGTON DC – SK Group, South Korea’s second-largest conglomerate, said on Wednesday it will build its first memory chip packaging fac...
Jul 27, 2022 (Gmt+09:00)
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Automobiles
LG Energy to double Ford battery pack production line in Poland
LG Energy Solution Ltd., SK Innovation Co., and other South Korean companies are poised to strengthen their business ties with Michigan-based Ford M...
Jul 22, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea’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 amid the volatility...
Jul 14, 2022 (Gmt+09:00)
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Carbon neutrality
Hyundai Mobis to power all plants with 100% renewable energy by 2040
Automobile companies’ carbon-neutral activities often result in developing and producing eco-friendly vehicles such as electric vehicles and h...
Jul 11, 2022 (Gmt+09:00)
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Corporate investment
LG eyes clean tech supremacy with $1.5 bn spending on green projects
South Korea’s fourth-largest conglomerate LG is setting its sights on clean energy technology as it steps up efforts to transform into an eco-...
Jun 30, 2022 (Gmt+09:00)
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Automobiles
LG Innotek unveils top-of-the-line in-cabin radar module
South Korea’s electronic parts maker LG Innotek unveiled an in-cabin radar module Tuesday, which it says is the most advanced version of such ...
Jun 29, 2022 (Gmt+09:00)
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Electronics
LG Display to raise $1 billion to ramp up OLED module line in Vietnam
LG Display Co., a major South Korean display panel maker, said on Wednesday it is raising $1 billion in new funding from global banks to expand its ...
Jun 15, 2022 (Gmt+09:00)
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Energy
SK to invest $30 mn in ammonia-based power solutions developer Amogy
SK Innovation Co. announced Tuesday it will inject $30 million into Brooklyn-based Amogy Inc. The intermediate holding company of SK Group and ...
Jun 14, 2022 (Gmt+09:00)
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Corporate investment
SK Innovation to focus on small reactors, batteries, waste recycling
SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is accelerating a shift toward eco-friendl...
Jun 13, 2022 (Gmt+09:00)
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Bio & Pharma
Hugel accelerates European botox sales with Poland's approval
Hugel Inc., South Korea’s largest maker of botulinum toxin products used to treat overactive muscles and facial wrinkles, has won sales approv...
Jun 03, 2022 (Gmt+09:00)
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Korean startups
Startups race for top talent to fill CTO positions
Just a few years back, fashion startups in South Korea rarely saw the need for a Chief Technology Officer (CTO). The same was true for the so-c...
May 20, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai to build EVs at US plant; Electrified GV70 to roll out in Dec.
NEW YORK – Hyundai Motor Co. is spending $300 million to add an electric vehicle production line to its manufacturing plant in Alabama as the ...
Apr 13, 2022 (Gmt+09:00)
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Webtoons
South Korean comics platforms dominate global top 10
Six manhwa platforms operated by South Korea’s tech juggernauts rank among the top 10 paid digital comics platforms worldwide. Manhwa is ...
Apr 12, 2022 (Gmt+09:00)
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ESG bonds
POSCO Chemical to raise $244 mn in green bonds
POSCO Chemical Co., South Korean steelmaker POSCO Group’s chemical and battery material unit, said on April 8 that it will issue green bonds w...
Apr 08, 2022 (Gmt+09:00)
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Earnings
Samsung sees record first-quarter sales; business outlook murky
Samsung Electronics Co. likely posted record revenue in the first quarter, driven by brisk sales of memory chips and smartphones. Its shares, howeve...
Apr 07, 2022 (Gmt+09:00)
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Korean startups
Startups need to embrace ESG, industry insiders say
Environmental initiatives such as RE100 and high Environmental, Social, and Governance (ESG) standards are not just for conglomerates anymore, accor...
Apr 06, 2022 (Gmt+09:00)
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Corporate strategy
SK Chemicals to invest $1.6 bn in green, biopharmaceutical sectors
South Korea’s SK Chemicals plans to invest more than 2 trillion won ($1.6 billion) in eco-friendly material and biopharmaceutical businesses.T...
Mar 28, 2022 (Gmt+09:00)
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Retail
Korea rises as test bed for global luxury brands
South Korea is becoming a test bed for global high-end brands such as Balenciaga, Valentino, IWC and Breitling. The world's top luxury brands, pre...
Mar 21, 2022 (Gmt+09:00)
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War in Ukraine
Korea to open temporary settlement lines for trade with Russia
South Korea plans to open temporary settlement lines between domestic banks and their units in Russia in order to help companies hit by multinationa...
Mar 18, 2022 (Gmt+09:00)
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Batteries
Samsung SDI to run all-solid-state battery pilot line
Samsung SDI Co. is poised to become one of the few electric vehicle battery manufacturers in the world to run a pilot production line of all-solid-s...
Mar 15, 2022 (Gmt+09:00)
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Business & Politics
Samsung, LG fret over shipping lines’ delivery halt to Russia
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two major exporters, are jittery about global shipping lines’ decision to...
Mar 03, 2022 (Gmt+09:00)
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POSCO Chem to expand low-expansion anode materials output
South Korea’s POSCO Chemical Co. plans to fivefold production of low-expansion anode materials, high-value-added ingredients for electric vehi...
Feb 27, 2022 (Gmt+09:00)
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Beauty & Cosmetics
Skincare giant Cosmax adds pet care line
South Korea’s beauty products manufacturer Cosmax Inc. has entered the rapidly growing pet products market.The company specializes in receiv...
Feb 24, 2022 (Gmt+09:00)
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Tech, Media & Telecom
App-rich LG smart TVs blur lines with smartphones
From home workouts to math and science courses, thousands of apps now available on LG smart TVs are blurring the lines between TVs and smartphones.S...
Feb 22, 2022 (Gmt+09:00)
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Venture capital
Blurring lines between accelerators and VCs with record fundings
Sopoong Ventures Corp. is poised to create a fund worth 10 billion won ($8 million) that specializes in early stage investment, industry insiders sa...
Feb 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung’s Galaxy S22 Ultra: Setting new smartphone standard
Samsung Electronics Co. on Wednesday announced new additions to its Galaxy S series models as the world’s top smartphone maker by volume faces...
Feb 10, 2022 (Gmt+09:00)
Latest News
- 1 Maybe Happy Ending: How a Seoul-made robot love story rewrote Broadway playbook
- 2 NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
- 3 Woori Financial wins approval for Tongyang, ABL Life acquisition
- 4 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up
- 5 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs