hybrid energy storage system
Scope
Date
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Shipping & Shipbuilding
Korean shipbuilders in talks for $3.3 bn Qatar LNG tanker deals
South Korean shipbuilders are in talks with Qatari state companies for an estimated $3.3 billion in deals to manufacture additional liquefied natura...
Aug 05, 2024 (Gmt+09:00)
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Korean stock market
Korean tech stocks suffer falls despite strong Q2 results
Some 60% of the Kospi-listed companies that posted above-forecast results in the second quarter of this year have seen their share prices declining ...
Aug 05, 2024 (Gmt+09:00)
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Electric vehicles
LS Cable breaks ground for bus ducts plant in Mexico
South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distributio...
Aug 05, 2024 (Gmt+09:00)
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Real estate
Korea's warehouses suffer oversupply, rising vacancies
Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate...
Aug 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai Tucson HEV posts record US sales as hybrids catch on
South Korea’s Hyundai Motor Co. saw sales of the hybrid version of its flagship Tucson SUV hit an all-time monthly high in July in the US, the...
Aug 02, 2024 (Gmt+09:00)
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Energy
Hyundai Engineering gets Hillsboro solar power plant rights
South Korea's Hyundai Engineering Co. announced on Thursday that it acquired a 260 MW Hillsboro Solar Power Plant project from OCI Energy. This is H...
Aug 01, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis lighting system wins triple crown of design awards
South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...
Jul 29, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung SmartThings gets global certification for information security
Samsung Electronics Co. announced on Friday that its global connected living platform SmartThings received the ISO/IEC 27001:2022 certification for ...
Jul 26, 2024 (Gmt+09:00)
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Earnings
Hybrids, SUVs drive Hyundai Q2 profits to record high
Hyundai Motor Co. posted its strongest quarterly results in the second quarter, with brisk sales of high-margin models such as hybrid cars and sport...
Jul 25, 2024 (Gmt+09:00)
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Batteries
Samsung, LG go in different directions for all solid batteries
South Korean household names Samsung and LG are in a new race to win the market for solid-state batteries, next-generation batteries promising enhan...
Jul 24, 2024 (Gmt+09:00)
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Electric vehicles
Lamborghini unveils 1st plug-in hybrid SUV Urus SE in Korea
Italian sports car maker Lamborghini S.p.A. on Tuesday unveiled the Urus SE, its first plug-in hybrid super sport utility vehicle, in South Korea, t...
Jul 23, 2024 (Gmt+09:00)
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AgTech
Nongshim to build smart farm in Saudi Arabia
South Korea's food and beverage giant Nongshim Co. announced on Tuesday that it was selected as a participant in the Smart Farm Export Promotion Pro...
Jul 23, 2024 (Gmt+09:00)
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Infrastructure
Net zero, digitalization to boost private infrastructure investment
Infrastructure debt is a growing asset class with much to offer investors, with a wide range of assets and characteristics available. AllianzGI mana...
Jul 19, 2024 (Gmt+09:00)
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Batteries
SK ties up with BlackRock-backed Korean startup for EV chargers
SK Signet Inc., South Korea’s electric vehicle charger manufacturer, joined hands with a local renewable energy startup backed by global asset...
Jul 19, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom identifies illegal drones using AI
South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal drones using artifici...
Jul 19, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s Woori Bank raises $550 mn in AT1 hybrid bond
South Korean major bank Woori Bank said on Thursday that it raised $550 million by issuing additional tier 1 (AT1) hybrid bonds on July 17 with call...
Jul 18, 2024 (Gmt+09:00)
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Leadership & Management
Hanwha Group to expand stock compensation to team chiefs
South Korea’s No. 7 conglomerate Hanwha Group will expand its restricted stock units (RSUs) to encourage employee interest in the company&rsqu...
Jul 18, 2024 (Gmt+09:00)
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Robotics
POSCO DX to focus on AI-led intelligent factory systems
POSCO DX Co., an IT service arm of South Korea’s POSCO Group, will transform into an AI-enabled intelligent factory system developer to automa...
Jul 18, 2024 (Gmt+09:00)
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Corporate restructuring
SK Innovation to be Asia’s top energy company through merger
SK Innovation Co., South Korea’s largest energy company, is set to become the industry leader in Asia through a merger with an affiliate while...
Jul 17, 2024 (Gmt+09:00)
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Automobiles
Renault Korea begins mass production of Grand Koleos
Renault Korea announced on Tuesday that it has started mass production of the D-segment hybrid sports utility vehicle (SUV) New Renault Grand Koleos...
Jul 16, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1’s guided rocket passes US performance test
LIG Nex1 Co., a South Korean defense company, said on Monday that its Poniard guided rocket passed the final performance test in US Foreign Comparat...
Jul 15, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Financial builds disaster response system
South Korea's Shinhan Financial Group announced on Sunday that it established a disaster response system to provide swift and substantial assistance...
Jul 15, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to cut CO2 emissions from ships with smart lighting
Hanwha Ocean Co., South Korea's third-largest shipbuilder, said on Friday it has won an approval in-principle (AIP) certificate from Korean Register...
Jul 12, 2024 (Gmt+09:00)
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Electric vehicles
Genesis GV60 Magma to enter production in 2025; hybrid model eyed
When Hyundai Motor Co. unveiled the Genesis GV60 Magma Concept at Genesis House New York this March, the premium brand’s color – vivid o...
Jul 12, 2024 (Gmt+09:00)
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Tech, Media & Telecom
CJ OliveNetworks wins Seegene DX business contract
South Korea's digital service company CJ OliveNetworks announced on Thursday that it secured a contract to operate IT services for Seegene Inc., a t...
Jul 11, 2024 (Gmt+09:00)
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ESG
LG Energy Solution acquires anti-bribery certification
South Korea's LG Energy Solution Ltd. announced on Thursday that it achieved ISO 37001 certification, an international standard for anti-bribery man...
Jul 11, 2024 (Gmt+09:00)
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ESG
Samsung boosts renewable energy in Vietnam facilities
Samsung Electronics Co. said on Wednesday its Vietnam facilities will ramp up eco-friendly operations by directly purchasing renewable energy under ...
Jul 10, 2024 (Gmt+09:00)
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Batteries
SK Innovation to host Global Forum in US
South Korea's SK Innovation Co. announced on Wednesday that it will host the “SK Innovation Global Forum” on July 13 in San Jose, Califo...
Jul 10, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems signs $867 million missile radar deal with Saudi Arabia
Hanwha Systems Co., a leading South Korean defense company, said on Tuesday it has clinched a $867 million deal to supply its advanced mobile multi-...
Jul 09, 2024 (Gmt+09:00)
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Retail
Coupang opens Rocket Growth seller website
Coupang Inc., South Korea’s largest e-commerce platform, announced on Tuesday that it opened a dedicated website for sellers (sell.coupang.com...
Jul 09, 2024 (Gmt+09:00)
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