low-voltage projects
Scope
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Travel & Leisure
Seoul to add new aerial lifts to Namsan by 2025
Visitors to Seoul, the capital of South Korea, are expected to enjoy faster and easier exploration of the city’s famous Namsan Mountain in 202...
Dec 06, 2023 (Gmt+09:00)
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Economy
Semiconductor export recovery powers S.Koreans’ income in Q3
A recovery in semiconductor exports led an increase in South Koreans’ income in the third quarter, although the earnings growth momentum may n...
Dec 06, 2023 (Gmt+09:00)
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Banking & Finance
Korean banks enjoy robust earnings in Asian emerging markets
Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...
Dec 05, 2023 (Gmt+09:00)
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Construction
Korean Daewoo E&C seeks biz amid Indonesia’s new capital plan
South Korean Daewoo Engineering & Construction Co. is seeking business opportunities alongside Indonesia’s plan to relocate its capital as...
Dec 05, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul to build huge two-ring Ferris wheel for $700 mn
The Seoul Metropolitan Government on Sunday unveiled the design of a Ferris wheel, tentatively named Seoul Twin Eye, which it plans to complete by 2...
Dec 04, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean showcases Jangbogo-III submarine in Warsaw
South Korean shipbuilder Hanwha Ocean Co. held the Hanwha Ocean Day event in Warsaw, Poland, on November 29 for local media, to showcase its involve...
Nov 30, 2023 (Gmt+09:00)
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Energy
KHNP eyes Canada's nuclear energy project with ARC, NB Power
Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...
Nov 29, 2023 (Gmt+09:00)
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Real estate
Seoul office leasing turns lender’s market as vacancy rates at 2023 low
Office vacancy rates in South Korea’s capital city of Seoul fell to their lowest level this year last month as people returned to work follo...
Nov 28, 2023 (Gmt+09:00)
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Energy
Iljin Electric bags $333 mn high-voltage transformer deal in US
Iljin Electric Co. has won its largest-ever 431.8 billion won ($333.2 billion) order to supply high-voltage transformers to a US energy company, the...
Nov 28, 2023 (Gmt+09:00)
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Batteries
L&F to invest $1.9 bn to build key battery materials plants
DAEGU, South Korea – L&F Co., South Korea’s major cathode supplier seeking to transform into a comprehensive battery materials produ...
Nov 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Delivery Hero-backed Baemin to exit Vietnam on low returns
Baemin, the top food delivery platform in South Korea, will exit Vietnam on Dec. 8 after four years of operations there amid fierce market competiti...
Nov 27, 2023 (Gmt+09:00)
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Construction
Daewoo E&C seeks energy infrastructure biz in Yemen
South Korea's Daewoo Engineering & Construction Co. announced on Friday that it signed a memorandum of understanding (MOU) with the Yemeni Minis...
Nov 24, 2023 (Gmt+09:00)
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Construction
HD Hyundai wins $72 mn power equipment order in Saudi
HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...
Nov 24, 2023 (Gmt+09:00)
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Construction & Planning
Samsung Engineering designs Sarawak green hydrogen project in Malaysia
Samsung Engineering Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Friday it has begun th...
Nov 24, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S partners with East Timor gov't on CCS project
South Korea's SK E&S announced on Wednesday that it signed a mutual cooperation partnership (MCP) with the East Timor Ministry of Petroleum and ...
Nov 22, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to launch low-power, high-speed AI chips in 2024
Samsung Electronics Co. will launch low latency wide (LLW) DRAMs next year, designed to improve the power efficiency of artificial intelligence appl...
Nov 21, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean aerospace firms to co-work for SLV
South Korea's aerospace companies will collaborate to secure launch vehicle technology for small satellites weighing less than 500kg. The Sou...
Nov 21, 2023 (Gmt+09:00)
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Steel
ADNOC awards steel pipe order contracts to Korea’s SeAH
South Korea’s SeAH Steel Holdings Corp. said on Tuesday it has signed a five-year contract to provide 200,000 tons of steel pipes to Abu Dhabi...
Nov 21, 2023 (Gmt+09:00)
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Bio & Pharma
Cytogen, Japan NCCH collaborate on cancer research
South Korea's Cytogen, Inc. announced on Monday it will start cancer research using circulating tumor cells (CTC) with the National Cancer Center Ho...
Nov 20, 2023 (Gmt+09:00)
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Artificial intelligence
AI to replace high-paid, highly educated doctors, CPAs: BOK
Artificial intelligence poses the biggest threat to high-paid, highly educated professionals such as medical doctors, accountants and engineering te...
Nov 16, 2023 (Gmt+09:00)
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Batteries
SK, Hyundai Motor's US JV, named Georgia's Deal of Year
South Korea’s battery maker SK On and Hyundai Motor Group's joint battery project in Georgia, the US, was awarded the "Deal of the Year 2023 i...
Nov 14, 2023 (Gmt+09:00)
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Corporate restructuring
SK Energy to spin off tank terminal business as new logistics firm
SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business t...
Nov 13, 2023 (Gmt+09:00)
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Petrochemicals
Saudi Aramco’s $7 bn Korea project mired by labor shortage
Saudi Aramco’s $7 billion petrochemical project in South Korea, in what would be its largest-ever investment in the country, has hit a stumbli...
Nov 10, 2023 (Gmt+09:00)
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Bio & Pharma
Lunit participates in US gov't Cancer Moonshot
South Korea's medical AI company Lunit announced on Friday it will participate in the US President Joe Biden's cancer-conquering project Cancer Moon...
Nov 10, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung joins Swedish smartcity net zero home project
Samsung Electronics Co. announced on Friday it will provide its Net Zero Home solutions for the upcoming Brobyholm Smartcity near Stockholm, Swede...
Nov 10, 2023 (Gmt+09:00)
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Retail
Costco Korea on verge of falling into low-growth trap
South Korea, one of the most lucrative markets for Costco Wholesale Corp., appears to be losing its appeal in the face of China’s rapid ascent...
Nov 07, 2023 (Gmt+09:00)
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Electronics
LG Elec to open heat pump research laboratory in Alaska
LG Electronics Inc. plans to open LG Advanced Cold Climate Heat Pump Laboratory in Alaska, the US for the development of heating, ventilation, &...
Nov 06, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean to join Canadian patrol submarine project
South Korea's shipbuilder Hanwha Ocean Co. secured a memorandum of understanding (MOU) with four Canadian submarine tech firms at Deep Blue Forum 20...
Nov 06, 2023 (Gmt+09:00)
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Construction & Planning
Heerim wins design contract for Hyundai Motor's Saudi plant
South Korea's Heerim Architects & Planners said on Monday it secured the architectural design contract for Hyundai Motor Co.'s new automobile as...
Nov 06, 2023 (Gmt+09:00)
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Foreign exchange
Yen hits 15-year low vs Korean won on less hawkish BOJ
The yen on Friday plunged to the weakest level in more than 15 years against the South Korean won as the Japanese central bank’s recent change...
Nov 03, 2023 (Gmt+09:00)
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