nano-drug maker
Scope
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Electronics
Samsung Display to build $1.8 billion OLED plant in Vietnam
Samsung Display Co., a leading South Korean display maker, will build a $1.8 billion organic light-emitting diode (OLED) line in Vietnam for small- ...
Sep 24, 2024 (Gmt+09:00)
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Batteries
Hyundai Steel set to supply iron powder to Korean LFP cathode makers
Hyundai Steel Co., a unit of South Korean automotive group Hyundai Motor Co., is set to enter the battery materials business by supplying iron powde...
Sep 20, 2024 (Gmt+09:00)
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ESG
SK Enmove gets gold rating of EcoVadis ESG evaluation
South Korea’s lube oil maker SK Enmove Co., Korea’s top oil refiner SK Innovation Co.'s subsidiary, said on Thursday it received a Gold ...
Sep 19, 2024 (Gmt+09:00)
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Korean food
Korean ramen makers set sights beyond US to Latin America
Nongshim Co. and Samyang Foods Co., South Korea’s two largest ramen makers, are ramping up production to create and meet demand for their spic...
Sep 18, 2024 (Gmt+09:00)
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Food & Beverage
AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae
Oriental Brewery Co. (OB), a unit of the world’s largest beer company AB InBev, agreed on Wednesday to purchase Jeju Soju from Shinsegae L&...
Sep 11, 2024 (Gmt+09:00)
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Batteries
Samsung SDI relinquishes polarizer film unit for $834 mn
Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business t...
Sep 10, 2024 (Gmt+09:00)
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Batteries
High-performance 4680 battery war is on; LG Energy takes lead over rivals
With stagnating electric vehicle sales or an EV chasm set to be prolonged, battery makers are increasingly turning their sights toward next-generati...
Aug 30, 2024 (Gmt+09:00)
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Real estate
KT&G to sell Korean office tower to Pebblestone for $90 mn
KT&G Corp., the world’s fifth-largest tobacco maker, is set to sell an office tower in South Korea to a local asset manager for an estimat...
Aug 30, 2024 (Gmt+09:00)
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Food & Beverage
HiteJinro to boost soju marketing in UK
South Korea’s leading soju maker HiteJinro Co. said on Friday that it's boosting soju marketing in the UK. From August 16 to 25, HiteJinr...
Aug 30, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis develops nickel-free inductor material
Hyundai Mobis Co. has developed the world's first nickel-free inductor material, which is expected to sharply cut the cost of manufacturing inductor...
Aug 27, 2024 (Gmt+09:00)
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Batteries
Lotte develops nickel-plated foil for solid-state batteries
Lotte Energy Materials Corp., a major South Korean battery materials maker, said on Tuesday it has developed a nickel-plated copper foil for use in ...
Aug 27, 2024 (Gmt+09:00)
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Hydrogen economy
HD KSOE buys Finnish fuel cell maker Convion for $81 mn
HD Hydrogen, a unit of HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), has acquired Convion Ltd, a Finnish hydrogen fuel cell maker,...
Aug 26, 2024 (Gmt+09:00)
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Batteries
Lotte Energy to supply copper foil to Samsung SDI-Stellantis JV
Samsung SDI Co., South Korea’s third-largest battery maker by battery usage, has picked Lotte Energy Materials Corp. as the exclusive supplier...
Aug 26, 2024 (Gmt+09:00)
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Batteries
LG Energy looks to battery safety diagnosis software business
LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...
Aug 21, 2024 (Gmt+09:00)
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Electric vehicles
After Mercedes Fire, EV Owners Want to Know What Battery They Have
SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...
Aug 21, 2024 (Gmt+09:00)
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Bio & Pharma
Yuhan’s lung cancer drug clears FDA hurdle for global debut
A new lung cancer treatment developed by South Korea’s Yuhan Corp. has secured approval from the US Food and Drug Administration (FDA) as a co...
Aug 21, 2024 (Gmt+09:00)
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Bio & Pharma
IMBiologics transfers autoimmune disease drug tech to Huadong Pharma
South Korea's antibody-based biotech company IMBiologics announced on Friday that it signed a contract to transfer the technology of its autoimmune ...
Aug 16, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis’ sustainability pledge for a better tomorrow
Hyundai Mobis Co.'s efforts to build a better tomorrow don't stop at developing future mobility technologies like autonomous driving, connectivity a...
Aug 14, 2024 (Gmt+09:00)
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Bio & Pharma
Costco sells Celltrion's Yuflyma Low WAC in US
South Korea's Celltrion Inc. announced on Tuesday that its autoimmune disease treatment Yuflyma (Low WAC, active ingredient adalimumab) is now avail...
Aug 13, 2024 (Gmt+09:00)
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Companies
S.Korea's top three tire makers sell 45 mn units in H1 2024
South Korean tire manufacturers have nearly reached sales of 45 million units in the global market during the first half of this year, the Korea Tir...
Aug 12, 2024 (Gmt+09:00)
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Future mobility
Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...
Aug 09, 2024 (Gmt+09:00)
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Korean chipmakers
Seoul Semiconductor overtakes Japan’s Nichia as top backlight LED maker
South Korea’s Seoul Semiconductor Co. has overtaken Japan’s Nichia Corp. as the world’s top backlight light-emitting diode (LED) d...
Aug 08, 2024 (Gmt+09:00)
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Chemical Industry
Gas maker Air Products Korea put on sale for around $3.6 bn
US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...
Aug 07, 2024 (Gmt+09:00)
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Chemical Industry
PE firms seek to buy Korean explosives maker for $218 mn
A private equity consortium seeks to buy a 100% stake in Koryo Nobel Explosives Co., South Korea’s No. 2 industrial explosives manufacturer, f...
Aug 07, 2024 (Gmt+09:00)
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Steel
Dongkuk buys Aju Steel to create No.1 color coated steel maker
Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel unit of South Korea's Dongkuk Holdings Co., has agreed to buy Aju Steel Co. specializin...
Aug 07, 2024 (Gmt+09:00)
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Food & Beverage
Lotte Wellfood eyes merger with trading arm; firms indecisives
South Korea’s Lotte Corp. is considering a merger of its confectionery unit Lotte Wellfood Co. and agricultural product trading arm Lotte Inte...
Aug 06, 2024 (Gmt+09:00)
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Beauty & Cosmetics
South Korean beauty device makers bulk up through M&As
South Korean beauty device manufacturers are aggressively pursuing mergers and acquisitions both at home and abroad to expand their scale, diversify...
Aug 06, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion's Zymfentra joins US insurance-covered drug lists
South Korean biosimilar maker Celltrion Inc. said on Monday that its subcutaneous injection formulation for autoimmune diseases, Zymfentra (inflixim...
Aug 06, 2024 (Gmt+09:00)
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Electronics
LG Display to sell its last LCD plant to CSOT for $1.5 bn
South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China Star Optoelectronics...
Aug 02, 2024 (Gmt+09:00)
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Leadership & Management
Samsung’s new chip leader calls for restoring competitiveness
It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his firs...
Aug 01, 2024 (Gmt+09:00)
Latest News
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- 3 RedotPay lands in Seoul with crypto cards
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- 5 Now, slim is in – and Samsung aims to be No. 1 with Galaxy S25 Edge