supply chain system
Scope
Date
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Tech, Media & Telecom
Zuckerberg to meet LG CEO for XR headset development
Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc., will meet LG Electronics Inc. CEO Cho Joo-wan in Seoul around Feb. 28 to disc...
Feb 25, 2024 (Gmt+09:00)
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Electronics
LG Electronics to upgrade your bathroom with high-tech appliances
LG Electronics Inc., the leading global home appliance maker, on Friday said it is set to showcase new products for bathrooms for the first time, ma...
Feb 23, 2024 (Gmt+09:00)
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Retail
E-Mart to open first Korean supermarket chain in Laos
E-Mart Inc. said on Friday it will become the first South Korean supermarket company to open a chain store in Laos in its push to expand into Southe...
Feb 23, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace, home of Korea’s next-generation space industry
CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry domi...
Feb 23, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine bags order to upgrade Chevron LNG tankers
HD Hyundai Marine Solution Co., a ship maintenance, retrofitting and digital solution provider under HD Hyundai Co., has won an order from Chevron C...
Feb 22, 2024 (Gmt+09:00)
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Batteries
LG Energy expedites LFP battery supply chain expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, has secured enough lithium iron phosphate (LFP) cathode ma...
Feb 22, 2024 (Gmt+09:00)
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Construction & Planning
SK Energy, PTC Korea team up for smart plant construction business
SK Energy Co., South Korea’s top oil refiner and energy company, said on Wednesday it has teamed up with PTC Korea Co. to jointly enter the gl...
Feb 21, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis to supply Hadlima to US government
South Korea’s Samsung Bioepis and the US-based Organon, the local partner company of Samsung group's biopharmaceutical research and developmen...
Feb 21, 2024 (Gmt+09:00)
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Electronics
LG Innotek hastens to lead autonomous driving solution
LG Innotek Co., South Korea’s major camera module supplier seeking to reduce its hefty reliance on Apple Inc. for earnings, has unveiled its l...
Feb 20, 2024 (Gmt+09:00)
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Bio & Pharma
Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds
South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...
Feb 19, 2024 (Gmt+09:00)
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Regulations
S.Korea to build new English disclosure system
South Korea’s Financial Supervisory Service (FSS) announced on Feb. 18 that it will broaden the scope of its English electronic disclosure ser...
Feb 19, 2024 (Gmt+09:00)
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Electric vehicles
S.Korean refiners’ competition in EV lubricants sector intensifies
Refiners in South Korea are in a race to expand their presence in the electric vehicle lubricants market through overseas production facilities and ...
Feb 18, 2024 (Gmt+09:00)
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Economy
S.Koreans flock to funds, liquid assets out of term deposits
South Korean companies and households flocked to investment funds and short-term deposits in December last year, pulling out of money market funds a...
Feb 16, 2024 (Gmt+09:00)
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Korean startups
Venture downturn keeps Korean unicorns from acquisitions
South Korean unicorns, or private companies worth $1 billion or more, are increasingly refraining from taking over smaller startups for business exp...
Feb 16, 2024 (Gmt+09:00)
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Retail
Hypermarket chain E-Mart posts first annual loss in 2023
South Korea’s top supermarket chain E-Mart Inc. announced on Thursday that it provisionally recorded a consolidated operating loss of 46.9 bil...
Feb 14, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung C&T develops new cooling system for data centers
Samsung C&T Corp. announced on Wednesday that it collaborated with the domestic cooling system tech company DataBean to develop and commercializ...
Feb 14, 2024 (Gmt+09:00)
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Automobiles
BMW joins other foreign brands’ moves to use domestic car GPS in Korea
German luxury carmaker BMW Group is installing domestic GPS navigation systems in models sold in South Korea, joining other imported car brands&rsqu...
Feb 14, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE teams up with Woodside, MOL on liquid hydrogen carrier
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is gearing up to develop and operate a vessel to ...
Feb 14, 2024 (Gmt+09:00)
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Automobiles
Hankook Tire to supply tires to Toyota truck Hino
Hankook Tire & Technology announced on Wednesday that it will supply new tires for the mid-sized truck Hino from the Japanese Toyota Group.The t...
Feb 14, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI to invest $76 mn in unmanned fighter jets
Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologi...
Feb 14, 2024 (Gmt+09:00)
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Leadership & Management
SK Group’s Chey Tae-won heads to Europe, seeks AI partnerships at MWC
SK Group Chairman Chey Tae-won will embark on a business trip to Europe next week as South Korea’s second-largest conglomerate seeks to streng...
Feb 13, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha, Saudi gov't to cooperate in defense industry
Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU) for defense cooper...
Feb 13, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion to supply Remsima SC, Yuflyma to Norway
South Korea's Celltrion Inc. announced on Wednesday that it will supply its autoimmune disease treatments Remsima SC (infliximab) and Yuflyma, the...
Feb 07, 2024 (Gmt+09:00)
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Batteries
GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs
General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...
Feb 06, 2024 (Gmt+09:00)
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Machinery
Hyundai Rotem inks $664 million deal to supply electric trains to LA Metro
Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, said on Tuesday it has won a $663.7 million deal to build electric...
Feb 06, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1, Hyundai Rotem to team up for Middle East export
South Korea's major defense maker LIG Nex1 Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with Hyundai Rotem Co. to...
Feb 06, 2024 (Gmt+09:00)
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Energy
HD KSOE seeks to build nuclear power plant ships
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is hastening to advance into the nuclear power plant ship market in collaboration wit...
Feb 04, 2024 (Gmt+09:00)
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Retail
E-Mart24 to open 1st convenience store in Cambodia in June
E-Mart24 Inc., a leading South Korean convenience store chain, announced on Friday plans to enter the Cambodian market, aiming to open its first sto...
Feb 02, 2024 (Gmt+09:00)
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Carbon neutrality
HD Hyundai to supply low carbon solution to POSCO
HD Hyundai Marine Solution Co., a ship components manufacturer, said on Thursday it has agreed to supply an artificial intelligence- and big data-ba...
Feb 01, 2024 (Gmt+09:00)
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Hydrogen economy
POSCO Int’l teams up with UAE for blue hydrogen
POSCO International Corp. and POSCO Holdings Inc. announced on Wednesday that they signed a strategic collaboration agreement (SCA) with the Abu Dha...
Jan 31, 2024 (Gmt+09:00)