space industry
Scope
Date
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Construction
HD Hyundai Infracore to sell excavator in dept. store
South Korea's HD Hyundai Infracore Co. will sell excavators at a department store for the first time in the domestic construction equipment indust...
Nov 15, 2023 (Gmt+09:00)
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Bio & Pharma
South Korean bio, pharma industry set to take leap
South Korea’s chemical maker LG Chem Ltd. is expected to reap more than 1 trillion won ($768.5 million) in sales this year from its new growth...
Nov 15, 2023 (Gmt+09:00)
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Electronics
Samsung launches 8TB portable SSD T5 EVO
Samsung Electronics Co. on Wednesday unveiled the T5 EVO portable SSD, a lightweight portable Solid-State Drive (SSD) that provides up to 8 terabyte...
Nov 15, 2023 (Gmt+09:00)
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The KED View
WeWork vs Starbucks as workspace in South Korea
In 2019, WeWork’s business model underwent a reality check.Its application for an initial public offering the same year was met with investor ...
Nov 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
After a boom and bust, the chip industry Is regaining its health
The global semiconductor industry is bottoming out, executives say, signaling a rebound in some areas of technology and providing relief for the U.S...
Nov 14, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s HMM expands bulk carrier fleet for stable profit
HMM Co., South Korea’s top shipping company, is expanding its fleet, especially bulk carriers, for stable profits amid the sluggishness of the...
Nov 02, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility secures contract for cask design from KHNP
South Korea's Doosan Enerbility Co. announced on Thursday it secured a contract for dry storage systems of spent nuclear fuel comprehensive design s...
Nov 02, 2023 (Gmt+09:00)
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Steel
South Korean steelmakers face longer winter
South Korean steelmakers, including the world’s sixth-largest steelmaker POSCO, are facing a longer-than-expected winter in steel demand as th...
Oct 29, 2023 (Gmt+09:00)
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Batteries
LG Chem, LX Hausys develop material delaying battery thermal runaway
South Korea’s LG Chem Ltd. and its spinoff LX Hausys Ltd. have jointly developed a material that delays the thermal runaway of electric vehicl...
Oct 27, 2023 (Gmt+09:00)
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Earnings
Kia’s Q3 profit soars; groupwide design centers revamped
Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...
Oct 27, 2023 (Gmt+09:00)
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Earnings
SK Hynix logs Q3 losses; to ship LPDDR5T to Qualcomm
SK Hynix Inc., the world’s No. 2 memory chipmaker, on Thursday reported its fourth straight quarterly loss, but narrowed the shortfall thanks ...
Oct 26, 2023 (Gmt+09:00)
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Construction
KKR expected to buy 100% stake in Taeyoung Industry
Global private equity giant KKR & Co. Inc. is expected to take over Taeyoung Industry Corp., a cash cow of South Korea’s medium-sized busi...
Oct 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver Cloud to offer edutech service in Mongolia
South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Tuesday it will participate in the Digital Classroom Project of Mong...
Oct 25, 2023 (Gmt+09:00)
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Aerospace & Defense
Space industry to usher in Saudi Arabia's 2nd boom: KAI
Korea Aerospace Industries Ltd. (KAI) on Wednesday signed a memorandum of understanding with the Saudi Space Agency (SSA) to collaborate broadly in ...
Oct 25, 2023 (Gmt+09:00)
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Korean games
S.Korean game developer Smilegate, angel of local startups
Smilegate, South Korean developer of the world’s top first-person shooter game Crossfire, is raising investments in domestic startups despite ...
Oct 22, 2023 (Gmt+09:00)
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Batteries
China’s graphite export curbs deal blow to Korean battery sector
South Korean electric vehicle battery and battery component makers are fretting over the Chinese government’s impending restrictions on export...
Oct 20, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix showcases cutting-edge CXL, AiM memory at OCP Summit
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Friday it showcased its next-generation memo...
Oct 20, 2023 (Gmt+09:00)
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Future mobility
Hyundai’s Supernal, Kia showcase flying car, military drones at ADEX 2023
South Korea’s top automaker Hyundai Motor Group is showcasing the concept of its electric flying car and hydrogen-powered military drones unde...
Oct 17, 2023 (Gmt+09:00)
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Food & Beverage
HiteJinro to build first overseas soju plant in Vietnam
South Korea's leading soju maker HiteJinro Co. on Monday unveiled its plan to build a plant in Vietnam. HiteJinro Singapore confirmed a lease a...
Oct 16, 2023 (Gmt+09:00)
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Korean startups
Korean startups join push to champion satellite data analytics market
Artificial intelligence is making big changes everywhere, even in space. Joining an AI-controlled space war, South Korean startups armed with AI tec...
Oct 11, 2023 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 signs agreement with Megazone Cloud, AWS
South Korea's LIG Nex1 Co. announced on Thursday that it has signed a memorandum of understanding for the future space, defense cloud transition wit...
Oct 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Doosan Robotics looks for M&A targets post-IPO: CEO
When Ryu Junghoon was tapped as chief executive of Doosan Robotics Inc. two years ago, he vowed to turn the young robot-making company into an indus...
Oct 04, 2023 (Gmt+09:00)
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Economy
S.Korea industry production posts largest increase in 30 months
South Korea's Index of All Industry Production soared at its steepest pace in 30 months in August, driven by a resurgent semiconductor manufacturing...
Oct 04, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung set to keep supremacy in low power DRAM with game changer
South Korea’s No. 1 memory chip maker Samsung Electronics Co., also the world’s top player, is set to further break away from the pack w...
Sep 26, 2023 (Gmt+09:00)
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Robotics
Samsung C&T invests $11 mn in construction robot venture
South Korean construction and engineering company Samsung C&T Corp. has invested 15 billion won ($11.2 million) in the construction robot startu...
Sep 26, 2023 (Gmt+09:00)
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Culture & Trends
Are virtual idols the next big thing in K-content?
South Korea's booming virtual idol sector, which combines K-pop content and technology, is fueling interest on the enter-tech (entertainment and tec...
Sep 25, 2023 (Gmt+09:00)
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Batteries
LG Uplus, Hanwha unveil ceiling-mounted EV charging system
South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the development of their ...
Sep 25, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to supply methanol engines to Japanese shipmaker
South Korea's HD Hyundai Co. is supplying its first HiMSEN engine using methanol fuel to a Japanese shipmaker. This represents an acceleration in th...
Sep 22, 2023 (Gmt+09:00)
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Leadership & Management
Ex-CEOs return to firms in Korea for operational stability
Former chief executives of South Korean firms are being recruited by their previous employers as the companies need the seasoned experience of these...
Sep 22, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to change rocket launch permit system to licensing model
South Korea will change its system for sending projectiles into space to a licensing model covering one to five years instead of requiring approva...
Sep 22, 2023 (Gmt+09:00)
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