LS Cable System
Scope
Date
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Automobiles
LG Electronics' German affiliate gets partner for vehicle front development
ZKW Group of Germany, an automotive lighting and headlight affiliate of LG Electronics Inc., on Thursday said it signed a memorandum of understandin...
May 12, 2023 (Gmt+09:00)
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Chemical Industry
Kolon Industries to increase aramid pulp production for EVs
Kolon Industries Inc., a leading industrial materials maker in South Korea, said on Wednesday it will inject 22 billion won ($16.6 million) to expan...
May 10, 2023 (Gmt+09:00)
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Carbon neutrality
LS Electric targets Southeast Asian microgrid market
South Korea's LS Electric Co. will join hands with Thailand's second-largest company Siam Cement Group (SCG) to target the Southeast Asian market fo...
May 10, 2023 (Gmt+09:00)
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Bio & Pharma
Lemonex signs MOU with WHO mRNA vaccines tech hub
South Korea's gene therapeutics developer Lemonex announced on Tuesday that it has signed a memorandum of understanding (MOU) with the World Health ...
May 09, 2023 (Gmt+09:00)
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Energy
LS Cable consortium wins $1.5 billion cable deal from the Netherlands
A three-party consortium including South Korea’s LS Cable & System Ltd. has won a 2 trillion won ($1.5 billion) deal to build high-voltage...
May 08, 2023 (Gmt+09:00)
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ESG
LS Group opens LS Dream Center in Hanoi for Korean-Vietnamese families
South Korea's LS Group said on Thursday that it has partnered with a domestic non-government organization (NGO) Cooperation and Participation in Ove...
May 04, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines
South Korea's automotive internet sales company Hyundai AutoEver and electrical equipment and automation specialist LS Electric Co. have adopted Ieu...
May 03, 2023 (Gmt+09:00)
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Energy
LS Cable completes undersea HVDC cable plant
South Korea’s major cable manufacturer LS Cable & System Ltd. has completed the construction of Asia's largest high-voltage direct curre...
May 02, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung foundry backlogs top $74.6 bn for logic chip biz goal
Samsung Electronics Co., the world’s No. 2 foundry player, has secured contract semiconductor manufacturing order backlogs of more than 100 tr...
Apr 30, 2023 (Gmt+09:00)
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Steel
POSCO to supply steel, lithium byproducts as ceramic materials
South Korea's POSCO Group announced on Friday that it will support the pottery and craft industry by utilizing byproducts generated during the produ...
Apr 28, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT Submarine to install part of undersea cable for Google, Meta
South Korea’s undersea cable company KT Submarine Co. said on Thursday that it has signed a 9.2 billion won ($6.85 million) contract with Japa...
Apr 27, 2023 (Gmt+09:00)
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The KED View
In South Korea, innovation is subject to regulatory approval
In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It ...
Apr 26, 2023 (Gmt+09:00)
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Business & Politics
S.Korean gov’t to export domestic tax service system abroad
South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementin...
Apr 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT launches AI-enabled freight info service Brokarry 2.0
Lolab Co. Ltd., KT's digital logistics subsidiary, released its Brokarry 2.0 freight brokerage and transportation service, which incorporates artifi...
Apr 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis test-drives 'crab walking car' on public roads
South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...
Apr 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
POSCO, three telcos to build communication systems against disasters
South Korean steel giant POSCO said on Friday that it has signed a memorandum of understanding (MOU) with three domestic telecommunications companie...
Apr 21, 2023 (Gmt+09:00)
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Korean startups
Korean gov’t pledges additional $7.9 bn for startups amid fund squeeze
The South Korean government will spend an additional 10.5 trillion won ($7.9 billion) to shore up the country’s startups and venture capitalis...
Apr 20, 2023 (Gmt+09:00)
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Artificial intelligence
LS Electric, Microsoft to jointly develop smart factory
LS Electric Co., South Korean manufacturer of power and industrial automation equipment, has signed a partnership agreement with Microsoft to develo...
Apr 20, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to raise R&D's share of defense budget to 10%
South Korea will develop a reconnaissance and interception system to respond to North Korea's nuclear weapons and missile threats from space by rais...
Apr 20, 2023 (Gmt+09:00)
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Bio & Pharma
GeneOne Life Science gets patent for coated microneedle tech in China
South Korea’s biopharmaceutical company GeneOne Life Science Inc. on Tuesday said it received a patent from the China National Intellectual Pr...
Apr 19, 2023 (Gmt+09:00)
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Regulations
Korea to adopt cornerstone investor system to vitalize IPOs
South Korea is set to introduce a system of cornerstone investors who agree in advance to subscribe to a forthcoming listing with conditions of lock...
Apr 18, 2023 (Gmt+09:00)
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Electronics
LS Electric to display smart energy solutions in Germany
LS Electric Co., South Korean manufacturer of power and industrial automation equipment, announced on Monday that it will participate in the Hannove...
Apr 17, 2023 (Gmt+09:00)
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Future mobility
Lotte Data Communication, Lotte E&C, UK Skyports tie up for VTOL
Lotte Data Communication Co. announced on Friday that it has signed a business agreement with Lotte Engineering & Construction and UK-based urba...
Apr 14, 2023 (Gmt+09:00)
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Business & Politics
S.Korea's online voting service company exports its techs to Kyrgyzstan
South Korea's online voting service company Kevoting announced on Wednesday that its mobile voting platform service was adopted for the local counci...
Apr 12, 2023 (Gmt+09:00)
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Batteries
LS Group' corporate value soars as EV battery market grows
LS Corp., a holding company of South Korea's LS Group, has seen its enterprise value swell by nearly 1 trillion won ($760 million) over the past yea...
Apr 11, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT launches AI-based email security solution to combat APT attacks
KT Corp. said on Tuesday that it has unveiled an email security solution based on artificial intelligence (AI) advanced persistent threat (APT) anal...
Apr 11, 2023 (Gmt+09:00)
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Batteries
LS Electric wins order $94 mn for energy storage system in UK
LS Electric Co. announced on Tuesday that it has secured a contract for a £73.6 million ($93.5 million) energy storage system (ESS) project in...
Apr 04, 2023 (Gmt+09:00)
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IPOs
Energy storage devices firm LS Materials launches IPO process
South Korea’s energy storage devices maker LS Materials Co. began the process for an initial public offering later this year as it aims to dev...
Apr 03, 2023 (Gmt+09:00)
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Korean startups
Korean kitchen automation startups' US advance gains traction
South Korean kitchen automation system developers are eyeing the US as their next key market as demand for automated restaurant operating systems in...
Apr 03, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to supply chips for Intel's self-driving tech unit Mobileye
Samsung Electronics Co., the world's largest memory chipmaker, has won a semiconductor production order from Israel-based Mobileye Global Inc., a le...
Apr 02, 2023 (Gmt+09:00)