battery maker
Scope
Date
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Retail
Premium children's brands buck falling birth rate in Korea
Premium children's clothing and food brands have bucked the economic slowdown in a country grappling with the world’s lowest birth rate as Sou...
Mar 12, 2024 (Gmt+09:00)
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Batteries
EV charging speed, battery sector’s emerging battlefield
South Korea’s three major battery makers are rushing to shorten times for electric vehicle charging, the main issue for consumers reluctant to...
Mar 11, 2024 (Gmt+09:00)
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Batteries
LG Energy, Qualcomm to develop battery management system
South Korea’s LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, announced on Sunday that it will dev...
Mar 11, 2024 (Gmt+09:00)
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Banking & Finance
KEXIM, US DOE to support S.Korean green energy firms
The Export-Import Bank of Korea (KEXIM) said on Mar. 7 that it will support domestic firms that aim to enter the American green energy industry with...
Mar 08, 2024 (Gmt+09:00)
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E-commerce
AliExpress sells top K-food maker’s products in S.Korea
AliExpress, an e-commerce arm of China’s Alibaba Group, on Thursday started selling products of CJ CheilJedang Corp., South Korea’s top ...
Mar 08, 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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Logistics
Hyundai Movex to supply smart logistics for EcoPro BM Canada plant
South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, announced on Wednesday that it signed a 20 bil...
Mar 06, 2024 (Gmt+09:00)
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Regulations
Seoul Semiconductor sues Amazon Europe for LED patent infringement
South Korea’s Seoul Semiconductor Co. said on Tuesday it had filed a complaint against multinational commerce giant Amazon with the European U...
Mar 05, 2024 (Gmt+09:00)
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Batteries
LG Energy accelerates EV battery swapping services
Kooroo, the first in-house venture of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., said on Tuesday it is...
Mar 05, 2024 (Gmt+09:00)
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Batteries
Tesla, Korea's EcoPro presumed to enter battery materials deal
Tesla Inc., the world’s No. 2 electric vehicle maker, is believed to have agreed to procure battery ingredients from South Korea’s EcoPr...
Mar 04, 2024 (Gmt+09:00)
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Batteries
Korean EV battery makers to unveil tech for industry recharge
South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...
Mar 04, 2024 (Gmt+09:00)
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Batteries
EV battery makers' silicon anode demand set for take-off
The global market of silicon anode, a lithium-ion battery component garnering attention due to its higher energy capacity and faster charging than g...
Feb 23, 2024 (Gmt+09:00)
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Leadership & Management
Tobacco maker KT&G names its COO as final CEO candidate
South Korea’s KT&G Corp., the world’s leading tobacco maker, appointed its Chief Operating Officer Bang Kyung-man as the final candi...
Feb 23, 2024 (Gmt+09:00)
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Batteries
POSCO to build world's largest battery cathode plant cluster
GWANGYANG, South Jeolla Province -- POSCO Future M Co., a battery materials supplier, on Thursday broke ground on its fifth cathode materials ...
Feb 22, 2024 (Gmt+09:00)
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Batteries
LG Energy expedites LFP battery supply chain expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, has secured enough lithium iron phosphate (LFP) cathode ma...
Feb 22, 2024 (Gmt+09:00)
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Batteries
SK On seeks up to $1.5 billion in new funding
SK On Co., a South Korean electric vehicle battery maker, is seeking to raise up to 2 trillion won ($1.5 billion) to step up facility investments, b...
Feb 19, 2024 (Gmt+09:00)
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Batteries
SK On to expand workforce for 4680 cylindrical batteries
SK On Co., the world’s fifth-largest electric vehicle battery maker, is set to increase its workforce for large-size cylindrical batteries wit...
Feb 18, 2024 (Gmt+09:00)
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Leadership & Management
Sindoh to tap ex-STIC Investments exec Seo as CEO, spur M&As
Sindoh Co., a leading manufacturer of multi-functional printers in South Korea, is set to tap an investment banking expert as its chief executive. W...
Feb 15, 2024 (Gmt+09:00)
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Batteries
LG Energy to produce 4680 batteries in August for Tesla, others: CEO
LG Energy Solution Ltd., the world’s third-largest battery maker, plans to begin mass production of larger format cylindrical cells used by Te...
Feb 15, 2024 (Gmt+09:00)
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Batteries
LG Energy to buy more Australian lithium for US EV benefits
LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) battery maker, said on Wednesday it was set to buy more lithium, a ke...
Feb 14, 2024 (Gmt+09:00)
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Short selling
Korean stock market volatility up since short-selling ban
The South Korean stock market has seen increased volatility and few rallies over the past three months, in sharp contrast to government hopes that i...
Feb 13, 2024 (Gmt+09:00)
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Steel
POSCO chairman nominee to prop up ailing steel business
The chairman nominee of POSCO Holdings Inc., the parent of the world’s No. 7 steelmaker POSCO, is expected to concentrate on improving its cor...
Feb 13, 2024 (Gmt+09:00)
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Corporate bonds
LG Energy's 2nd bond issue hits record $4.2 bn in bids
LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...
Feb 08, 2024 (Gmt+09:00)
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Corporate investment
Warren Buffett’s IMC to invest $98 million in Daegu for chip materials plant
DAEGU – The IMC Group, owned by Warrant Buffett’s Berkshire Hathaway Inc., will invest 130 billion won ($98 million) to build a semicond...
Feb 07, 2024 (Gmt+09:00)
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Batteries
GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs
General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...
Feb 06, 2024 (Gmt+09:00)
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Automobiles
Korean tire makers poised for brisk sales on US tariff cuts
South Korean tire makers such as Hankook Tire & Technology Co., Kumho Tire Co. and Nexen Tire Corp. are expected to post new record-high revenue...
Feb 06, 2024 (Gmt+09:00)
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Batteries
EcoPro partners with Cirba Solutions for battery recycling
South Korean battery materials manufacturer EcoPro Co. said on Thursday that it has signed a memorandum of understanding (MOU) with the US-based l...
Feb 01, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution's ESS division posts first-ever profit
LG Energy Solution Ltd.'s energy storage system (ESS) division posted its first-ever profit on the back of growing replacement demand and new constr...
Jan 30, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis eyes strong overseas orders again in 2024
Hyundai Mobis Co., the world’s sixth-largest automotive parts maker, known as Mobis outside of its home South Korea, expects another strong ye...
Jan 29, 2024 (Gmt+09:00)
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Batteries
Korean battery makers fret over Tesla’s cost-cutting plans
The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat&nbs...
Jan 28, 2024 (Gmt+09:00)
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