research and development (R
Scope
Date
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Electronics
LG Electronics’ new HVAC center in Europe to fight extreme temperatures
LG Electronics Inc., a leading South Korean home appliance maker, said on Monday it has set up a research center in Germany to help develop advanced...
Jul 15, 2024 (Gmt+09:00)
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Batteries
Samsung SDI, Sungkyunkwan Univ. to develop battery engineer
Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, will establish a Department of Battery Engineering at Sungkyunkwan Uni...
Jul 12, 2024 (Gmt+09:00)
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Fashion
North Face supplier Youngone to build R&D center in Bangladesh
Youngone Corp., a South Korean original design manufacturer (ODM) for foreign outdoor brands such as The North Face and Nike, will build an R&D ...
Jul 11, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group, Oxford Univ. establish Foresight Center
Hyundai Motor Group announced on Tuesday that it partnered with the University of Oxford and established the Oxford-Hyundai Motor Group Foresight Ce...
Jul 09, 2024 (Gmt+09:00)
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Artificial intelligence
Lunit eyes developing markets with AI cancer diagnostics
Lunit Inc., a South Korean cancer diagnostics AI company, will accelerate its inroads into developing markets grappling with inadequate cancer diagn...
Jul 09, 2024 (Gmt+09:00)
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Machinery
DN Solutions to build plant, R&D center in India
DN Solutions, the world's third-largest and South Korea's top machine tool manufacturer, said on Tuesday that it will establish a new plant and rese...
Jul 03, 2024 (Gmt+09:00)
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Aerospace & Defense
S.Korea’s Hanwha, Doosan to develop fighter jet engines
Hanwha Aerospace Co., South Korea’s top defense manufacturer, and Doosan Enerbility Co., a major local power plant builder, are set to develop...
Jul 02, 2024 (Gmt+09:00)
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Energy
LG Uplus builds 1,000 kW solar power facility in Daejeon
South Korea's LG Uplus Corp. established a solar power facility to achieve carbon neutrality by 2050. LG Uplus announced on Sunday that it installe...
Jul 01, 2024 (Gmt+09:00)
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Future mobility
Hyundai Motor to set up software R&D center in Silicon Valley
Hyundai Motor Group, the world’s third-largest carmaker, is set to establish a software research center in Silicon Valley as software is becom...
Jul 01, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops SSD for AI PCs to be mass-produced this year
South Korea’s SK Hynix Inc. introduced a solid-state drive (SSD) for on-device artificial intelligence PCs for mass production this year, to e...
Jun 28, 2024 (Gmt+09:00)
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Bio & Pharma
Daewoong, Indonesia's IPB to co-research on primate
South Korea's Daewoong Pharmaceutical Co. announced on Thursday that it signed a contract with Indonesia's Bogor Agricultural University (Institut P...
Jun 27, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Bioscience to buy German vaccine maker IDT Biologika for $244 mn
South Korea’s vaccine developer SK Bioscience Co. will acquire a controlling stake in the world’s top 10 vaccine firm IDT Biologika GmbH...
Jun 27, 2024 (Gmt+09:00)
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Korean chipmakers
Korea to inject $200 mn into semiconductor packaging R&D
South Korea will inject 274.4 billion won ($200 million) into a state-run R&D project for semiconductor packaging technology, a key to producing...
Jun 26, 2024 (Gmt+09:00)
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Chemical Industry
Lotte Chemical develops anti-thermal runaway material
Lotte Chemical Corp., South Korea’s second-largest petrochemicals company seeking to ramp up value-added advanced materials production, has de...
Jun 20, 2024 (Gmt+09:00)
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Energy
Doosan Enerbility to introduce carbon reduction tech at Thai power plant
South Korea's Doosan Enerbility Co. plans to introduce carbon reduction technologies, including ammonia co-firing and carbon capture, utilization an...
Jun 20, 2024 (Gmt+09:00)
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IPOs
Kosdaq cancels IPO approval for cloud developer InnoGrid
The Kosdaq market under the Korea Exchange said on Wednesday it has canceled its preliminary approval for InnoGrid Co.’s initial public offeri...
Jun 19, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Kolmar Korea develops AI tech for diagnosing alopecia
Kolmar Korea, a supplier to global cosmetics brands such as Estee Lauder, announced on Tuesday that it developed artificial intelligence (AI) techno...
Jun 18, 2024 (Gmt+09:00)
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Bio & Pharma
Noul, CDC to start Malaria diagnosis project in Kenya
South Korea's Noul Co., an in-vitro diagnostics maker and artificial intelligence (AI)-based blood and cancer diagnostic platforms company, said o...
Jun 18, 2024 (Gmt+09:00)
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Electronics
Samsung, SNU to open AI Joint Research Center
Samsung Electronics Co. announced on Monday that it signed a memorandum of understanding (MOU) with Seoul National University (SNU) to establish an ...
Jun 17, 2024 (Gmt+09:00)
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Electronics
LG Display introduces proprietary GenAI in office
LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, announced on Monday that it developed and intr...
Jun 17, 2024 (Gmt+09:00)
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Korean startups
Korean IT firms prefer engineers with business capabilities
More South Korean information technology companies are seeking engineers with business capabilities as artificial intelligence is expected to take o...
Jun 17, 2024 (Gmt+09:00)
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Batteries
Hyundai, LG Energy to jointly develop EV battery swapping service
South Korea’s Hyundai Motor Co. will join forces with the world’s leading battery maker LG Energy Solution Ltd. to launch electric vehic...
Jun 13, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card, Canada's Alberta to co-work for tourism
South Korea's Shinhan Card Co. announced on Wednesday that it signed a strategic business agreement with the provincial government of Alberta, C...
Jun 12, 2024 (Gmt+09:00)
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Energy
Hyundai E&C, KAERI partner to commercialize next-gen reactors
Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Wednesday that it signed a public-private partnership agreement for the so...
Jun 12, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha picked to develop KF-21’s unmanned escort plane radars
Hanwha Systems Co., a South Korean aerospace and defense contractor, has been picked as a preferred developer by the state-run Korea Institute for D...
Jun 11, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Bank, Hyosung TNS, LG CNS to co-work for AI banking
South Korea's Shinhan Bank announced on Tuesday that it signed a memorandum of understanding with Hyosung TNS and LG CNS to implement future banking...
Jun 11, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Southeast Asia, Korea Inc’s new IT outsourcing powerhouse
PHNOM PENH – South Korean technology companies grappling with prolonged software developer shortages are actively broadening their search for ...
Jun 09, 2024 (Gmt+09:00)
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Aerospace & Defense
Nara Space selected as IPEF's top-100 climate startups
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it was selected as one of the top-100 climate tech startup...
Jun 07, 2024 (Gmt+09:00)
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Artificial intelligence
Nvidia co-leads Series A round for AI startup Twelve Labs
Global chip giant Nvidia Corp. has co-led a $50 million Series A funding round for Twelve Labs, a South Korean artificial intelligence company speci...
Jun 05, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins certification for ammonia fuel VLAC
South Korea's Samsung Heavy Industries announced on Wednesday that it obtained Approval in Principle (AIP) from Lloyd's Register for the design of a...
Jun 05, 2024 (Gmt+09:00)