Space Pioneer project
Scope
Date
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Real estate
Korean real estate firms put up for sale amid lasting market downturn
A growing number of private real estate firms are being put up for sale in South Korea amid a prolonged market downturn and increasing delinquencies...
Mar 12, 2024 (Gmt+09:00)
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Batteries
SK Signet builds system to enhance EV charger cybersecurity
SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Tuesday that it has established an enhanced cybersecurity sys...
Mar 12, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS to develop AI platform of S.Korean government
South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Sunday that it plans to develop a government-wide hyperscal...
Mar 11, 2024 (Gmt+09:00)
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Energy
Taihan Cable to supply UHV network to Balfour Beatty
South Korea's Taihan Cable & Solution Co. announced on Thursday that it will supply an an ultra-high voltage (UHV) power network worth $38 mil...
Mar 07, 2024 (Gmt+09:00)
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Energy
Hyundai E&C expands foreign alliances in pursuit of UK SMR project
Hyundai Engineering & Construction Co. (Hyundai E&C) has welcomed two British companies to its joint bid with US energy technology company H...
Mar 06, 2024 (Gmt+09:00)
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Electric vehicles
LG Elec showcases EV chargers optimized for various spaces
LG Electronics Inc. on Wednesday unveiled its electric vehicle charging solutions optimized for homes, commercial spaces and charging stations at 20...
Mar 06, 2024 (Gmt+09:00)
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Energy
Lotte Chemical, CIP to join hands on ammonia projects
South Korea’s Lotte Chemical Corp. has reached a preliminary agreement with Copenhagen Infrastructure Partners (CIP) to purchase and sell blue...
Mar 05, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha seeks further legal action vs HD Hyundai amid Navy project rivalry
Hanwha Ocean Co., the world’s second-largest shipbuilder, is seeking new legal action against HD Hyundai Heavy Industries Co. over the bigger ...
Mar 05, 2024 (Gmt+09:00)
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Energy
Taihan Cable develops 154-kV UHV submarine cable
South Korea's Taihan Cable & Solution Co. announced on Thursday that it has completed the development of a 154-kilovolt (kV) ultra-high-voltage ...
Feb 29, 2024 (Gmt+09:00)
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Construction
Hanwha resumes $10 billion Bismayah new city project in Iraq
South Korea’s Hanwha Corp. is resuming a $10 billion project to build a Bismayah new city in Iraq after a 16-month hiatus as stakeholders see ...
Feb 27, 2024 (Gmt+09:00)
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Energy
Hyundai E&C likely to win Bulgaria’s nuclear project
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C) was picked as the preferred bidder for Bulgaria's new nuclear react...
Feb 26, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace, home of Korea’s next-generation space industry
CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry domi...
Feb 23, 2024 (Gmt+09:00)
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Energy
Taihan Cable wins order for UHV power grid in Egypt
South Korea's Taihan Cable & Solution Co. announced on Thursday that it has won a project for a 500-kilovolt (kV) UHV power grid project commiss...
Feb 22, 2024 (Gmt+09:00)
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Artificial intelligence
Kakao Brain releases medical GenAI tech for free
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has uploaded the Labeler ...
Feb 20, 2024 (Gmt+09:00)
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Electronics
LG opens ‘Life’s Good’ experience space in Singapore
LG Electronics Inc. announced on Monday that it opened its "Life's Good" brand experience space in Singapore. Located in the upscale Millenia Walk m...
Feb 19, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI, Hyundai Rotem start space mobility working group
Korea Aerospace Industries Ltd. (KAI) and Hyundai Rotem Co. announced on Friday that they held a kickoff meeting for a working group on the commerci...
Feb 16, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem, CJ CheilJedang to launch eco-friendly bio-nylon joint venture
South Korea’s top chemicals maker LG Chem Ltd. and food and biotechnology firm CJ CheilJedang Corp. have agreed to launch an eco-friendly bio-...
Feb 15, 2024 (Gmt+09:00)
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Arts
Hyundai Motor to sponsor Whitney Museum for 10 years
Hyundai Motor Co. and The Whitney Museum of American Art announced a new 10-year partnership that enables artists to test their aspirations and in...
Feb 06, 2024 (Gmt+09:00)
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Real estate
Seoul aims to turn Yongsan IBD into world’s largest 'vertical' city
The Seoul Metropolitan Government plans to turn an abandoned train maintenance depot in the central district of Yongsan into the world’s large...
Feb 05, 2024 (Gmt+09:00)
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Cloud computing
Naver Cloud, NHN Cloud to co-work for hyperscale AI
South Korea's Naver Cloud, the cloud computing unit of Naver Corp., and NHN Cloud Corp., announced on Monday that they have signed a memorandum of u...
Feb 05, 2024 (Gmt+09:00)
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Construction
Samsung C&T, Hyundai E&C see higher profits in 2023 on overseas projects
Samsung C&T Corp.'s construction unit and Hyundai Engineering & Construction Co. stood out with increased profits last year on overseas proj...
Feb 02, 2024 (Gmt+09:00)
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Energy
Korea rejects BlackRock’s $7.5 bn wind farm project
South Korea has slammed the brakes on BlackRock’s offshore wind farm project worth around 10 trillion won ($7.5 billion), citing financing unc...
Jan 30, 2024 (Gmt+09:00)
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Korean chipmakers
Rebellions raises $124 mn to co-develop AI chip with Samsung
South Korean fabless artificial intelligence chip startup Rebellions Inc.’s plan to co-develop the next-generation AI chip with the world&rsqu...
Jan 30, 2024 (Gmt+09:00)
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Construction
Bando E&C commences second housing project in US
South Korea's Bando Engineering & Construction Co. announced on Tuesday that it has embarked on its second housing development project, "The Bor...
Jan 30, 2024 (Gmt+09:00)
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Corporate governance
Kakao to replace K-pop pioneer SM execs over poor governance
Kakao Corp. is set to replace executives of SM Entertainment Co., who ousted its founder Lee Soo-man when the South Korean mobile giant acquired the...
Jan 29, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai launches world's first mega methanol-fueled container
South Korean shipbuilding giant HD Hyundai Co. marked a major milestone in the maritime industry on January 28, christening the world's first mega m...
Jan 29, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply $748 million worth of batteries to Japan’s Isuzu Motors
LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...
Jan 26, 2024 (Gmt+09:00)
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Tech, Media & Telecom
KT to build submarine cable in Asia
South Korea’s KT Corp. announced on Thursday that it plans to build a new submarine cable to cater to the burgeoning demand for cloud services...
Jan 25, 2024 (Gmt+09:00)
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Construction & Planning
Daewoo E&C completes India's longest sea bridge
Daewoo Engineering & Construction Co. (Daewoo E&C) announced on January 23, 2024, that it has completed the construction of the Mumbai Trans...
Jan 23, 2024 (Gmt+09:00)
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ESG bonds
Woori Bank issues $700 mn in ESG bonds
South Korea's Woori Bank announced on Thursday that it has issued $700 million (940 billion won) worth of foreign currency ESG (environmental, socia...
Jan 19, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand