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Samsung SDI set to supply ESS batteries to Tesla amid industry shift toward US-made components
Samsung SDI showcases its advanced LFP battery in 2024 (Courtesy of Samsung SDI) Samsung SDI Co. is set to clinch…
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JPMorgan eyes Kospi at 5,000 in a year; Index jumps to new peak
The Kospi ends at a new all-time highh 4,081.15 on Oct. 29, 2025 (Courtesy of Yonhap) JP Morgan raised its…
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Palliser Capital sees LG Chem as most discounted Korean stock, lifting shares
(Courtesy of Getty Images) Activist fund Palliser Capital said on Tuesday that LG Chem Ltd. trades at a 74% discount…
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CATL chief to meet Hyundai Motor head, CEOs of Korean rivals, battery materials firms
Hyundai’s Kona, an electric SUV, runs on CATL’s batteries Robin Zeng, founder and chairman of Chinese battery manufacturer Contemporary Amperex…
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Kospi surges past 3,600 for 1st time in post-holiday catch-up rally
(Courtesy of Yonhap news) South Korea’s stock market extended its record-breaking run on Friday, surging past the 3,600-point mark for…
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Korea’s battery material maker Enchem scraps $143 mn US plant plan
Enchem’s electrolyte plant in the US state of Georgia (File photo) Enchem Co., a South Korean battery material maker, has…
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US confirms B-1 visa, ESTA use for Korean engineers after Georgia detention
South Korean and US officials discuss visa issuance for Koreans working in the US following the September detention of Korean…
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S.Korea’s battery materials sector shows 1st signs of recovery
Energy storage systems (ESS) for supply to Excelsior (Courtesy of LG Energy Solution) South Korea’s exports of rechargeable-battery materials rose…
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LG Group chief urges ‘select and focus’ strategy to boost structural competitiveness
LG Group Chairman Koo Kwang-mo (in a black shirt) inspects the air conditioner production line at LG Electronnics’ plant in…
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S.Korea says no US investments until visa, currency swap issues resolved
South Korean Prime Minister Kim Min-seok South Korea has warned that unresolved visa disputes and currency swap issues with Washington…
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Lee says US push for $340 bn cash fund could trigger crisis like 1997
President Lee Jae Myung (right) waves as he boards Air Force One on Sept. 22 en route to the United…
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Tesla canceled, Hyundai GV70 chosen amid Georgia detention anger | Over 300 Koreans detained in Georgia; 59.2% disappointed with U.S. actions
A South Korean consumer who had reserved a Tesla vehicle canceled the order in response to the mass detention of…
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Trump to visit South Korea for APEC summit, meet President Lee
South Korean President Lee Jae Myung (left) took office in June 2025 US President Donald Trump will visit South Korea…
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Immigration crackdown takes toll on US hotels; Korean travelers cancel trips
A night view of the Las Vegas Strip US immigration restrictions are beginning to spill over into the hotel industry,…
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Detained Koreans return home; Raid likely to delay US battery plant by 3 months
An LG Energy Solution employee (man in center), who was detained in Georgia by U.S. immigration authorities, met with his…
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Lutnick urges S.Korea to accept deal or face steep tariffs as trade talks stall
US Commerce Secretary Howard Lutnick (right) speaks at the White House in Washington, D.C., to announce TSMC’s investment in the…
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Detained Koreans returning home with assurance of no disadvantage for US re-entry
Foreign Minister Cho Hyun (right) and US Secretary of State Marco Rubio pose for a photo during their talks in…
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Seoul warns MASGA project at risk as $350 bn fund talks with Washington stall
Kim Yong-beom (left), the presidential chief of staff for policy South Korea’s negotiations with the US over the launch of…
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US says Georgia detainees will be ‘deported’ as Seoul sends charter plane to retrieve Koreans on ‘voluntary departure’
Korean foreign ministry officials head to the ICE detention facility in Folkston, Georgia, where hundreds of workers of the Hyundai…
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S.Korean firms to overhaul US workforce supply; see delays, higher costs
Workers at the Hyundai Motor-LG Energy Solution battery JV in the US state of Georgia are raided and detained South…
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LG Chem to raise up to $2.2 bn in Korea’s largest PRS deal, backed by LG Energy stake
LG Chem Vice Chairman and CEO Shin Hak-cheol unveils the company’s business strategy at its Investor Day South Korea’s leading…
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Korea’s major US investment projects halted as detained LG Energy workers set for release
Construction equipment is parked in front of the Hyundai Motor-LG Energy Solution joint battery plant in Ellabell, Georgia, following the…
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Politician Faces Backlash Over Reporting Hyundai-LG Factory to Immigration Authorities
A politician named Tori Branum, who claimed to have reported to immigration authorities about Korean conglomerate factories in Georgia, is…
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US raid on Hyundai-LG plant seen as 2026 midterm gambit
ICE leads a multi-agency operation at the construction site of the Hyundai Motor-LG Energy JV plant in Georgia on Sept.…
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S.Korea rattled by detention of 560 workers at Hyundai-LG battery JV in sweeping US raid
Workers at the Hyundai Motor-LG Energy Solution battery JV in the US state of Georgia are raided and detained Up…
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LG Energy Solution wins $11 billion battery supply deal from Mercedes-Benz, affiliates
LG Energy Solution is Korea’s top battery maker LG Energy Solution Ltd., one of the world’s top battery makers, has…
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Overseas equity boom lifts foreign currency deposits to record in South Korea
(Courtesy of Getty Images) South Korea’s securities firms are sitting on record levels of foreign currency deposits as retail investors…
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Korean tycoons head to US to support summit; Samsung likely to unveil fresh investment
Samsung Group Chairman Lee Jae-yong heads to Washington to support the Korea-US summit on Aug. 24, 2025 The heads of…
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South Korea’s president to visit US with 15 business leaders after Japan
President Lee Jae Myung of South Korea (left) and US President Donald Trump South Korea’s President Lee Jae Myung will…
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LG CNS to build AI data center in Vietnam, accelerating Southeast Asia push
LG CNS CEO Hyun Shin-gyoon, VNPT Chairman To Dung Thai, VNPT Vice President Ngo Dien Hy and Korea Investment Real…
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Posco Future M ships 1st cathodes made with domestic precursors to Ultium Cells
Posco Future M ships its first cathodes made with domestically sourced precursors to Ultium Cells to cut its reliance on…
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LG CNS to build AI data center in Indonesia, first for Korean firm
LG CNS CEO Hyun Shin-gyoon (second from left) and Bill Cheng (third from left), chair of Sinar Mas Group subsidiary…
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Investors dump Korean shares after tax reform; the won plunges
The Kospi ends at 3,119.41 after losing 3.9% on Aug. 1, 2025 Investors rushed to sell off South Korean stocks…
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LG Energy secures $4.3 bn LFP battery deal from Tesla in shift from CATL
(Courtesy of LG Energy Solution) LG Energy Solution Ltd. on Wednesday announced a $4.3 billion deal to supply lithium iron…
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SK Nexilis, LG Energy revive supply ties as US seeks China decoupling
SK Nexilis’ plant in Jeongeup, North Jeolla Province SK Nexilis Co., the world’s largest copper foil maker, has decided to…
