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BatteriesLG Energy's Ochang plant, Korea's EV cell mother factory
OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, ...
May 25, 2023 (Gmt+09:00)
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Aerospace & DefenseS.Korea succeeds in 3rd launch of homegrown rocket Nuri
GOHEUNG, SOUTH KOREA -- South Korea launched its homegrown space rocket on Thursday, making its first achievement to send...
May 25, 2023 (Gmt+09:00)
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ConstructionHyundai E&C, Holcim to jointly develop low-carbon construction materials
South Korea's Hyundai Engineering & Construction (E&C) said on Thursday that it has established an agreement with Holcim...
May 25, 2023 (Gmt+09:00)
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Tech, Media & TelecomMicron overtakes SK Hynix in shrinking DRAM market
Micron Technology Inc., the world’s third-largest DRAM maker, raised its share in the shrinking DRAM market in the first q...
May 25, 2023 (Gmt+09:00)
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AutomobilesMercedes Korea executive promoted as US customer service chief
Kim Jee-seop, former vice president of the customer service department at Mercedes-Benz Korea, has been promoted to oversee the ...
May 25, 2023 (Gmt+09:00)
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Bio & PharmaSamyang secures contract for supplying filler with Chinese company
South Korea's Samyang Holdings announced on Thursday that it has signed a partnership agreement with Hangzhou Yxintent, a Chin...
May 25, 2023 (Gmt+09:00)
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Korean startupsS.Korean startup Drama & Company introduces AI talent recruiter
Drama & Company, the developer of South Korea’s popular cloud-based business card management app Remember, is readying...
May 25, 2023 (Gmt+09:00)
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AutomobilesHyundai Mobis develops high-tech headlamp to prevent accidents at night
South Korea's automotive parts company Hyundai Mobis on Thursday announced its development of the HD Lighting System, a next-gen...
May 25, 2023 (Gmt+09:00)
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SteelPOSCO completes giga steel plant in China
South Korea’s largest steelmaker POSCO announced on Thursday that it has completed a specialized integrated processing f...
May 25, 2023 (Gmt+09:00)
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Korean startupsGoodGang Labs attracts $2 mn from Kakao Investment
South Korea's GoodGang Labs, a startup focused on developing a 3D avatar-based communication platform, announced on Thursday tha...
May 25, 2023 (Gmt+09:00)
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Korean SMEsSamsung Electronics' smart factory project targets SMEs
Sales of Cookia, a small maker of tofu snacks in South Korea based in Yeosu, South Jeolla Province, have jumped eight-fold in si...
May 25, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor union demands higher wages on record earnings
Historically, Hyundai Motor Co.'s labor union has been among the most hardline in South Korea's corporate wage negotiations.Desp...
May 25, 2023 (Gmt+09:00)
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Future mobilityKakao Mobility uses self-driving vehicles to transport cargo
South Korea’s transportation company Kakao Mobility has launched a project in the nation's fourth-largest city of Daegu to...
May 25, 2023 (Gmt+09:00)
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Corporate investmentCJ dreams to build new kingdom in US with massive investment
CJ Group, a major South Korean conglomerate with a wide range of businesses spanning everything from food to bio, livestock feed...
May 25, 2023 (Gmt+09:00)
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EconomyS.Korea's total fertility rate hits 0.81 in Q1
South Korea in the first quarter posted a total fertility rate (TFR) of 0.81, the lowest in history for that quarter. Becau...
May 25, 2023 (Gmt+09:00)
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EnergyLG Electronics starts production of EV chargers
South Korea's electronic giant LG Electronics Inc. announced on Thursday that it has started production of electric vehicle (EV)...
May 25, 2023 (Gmt+09:00)
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BatteriesSKIET secures $300 mn green loan from IFC
SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and batt...
May 25, 2023 (Gmt+09:00)
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Central bankBOK leaves door open for another quarter-point rate rise
The Bank of Korea’s (BOK) decision on Thursday to keep its base rate steady at 3.50% does not signal the end of its one-an...
May 25, 2023 (Gmt+09:00)
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K-popFestival celebrating BTS’ 10th anniversary to be held in Seoul in June
BTS Festa 2023, a festival celebrating the 10th anniversary of BTS' debut, will take place June 12-25 across Seoul, their agency...
May 25, 2023 (Gmt+09:00)