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Hanwha to take full control of S’pore Dyna-Mac with tender offer
(Downloaded from Dyna-Mac’s website) South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to acquire all shares it does not own in…
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SK Ecoplant sells off stakes in Ascend Elements for $98 million
Ascend Elements employees load lithium-ion EV batteries onto a conveyor belt at the company’s battery recycling facility in Covington, Georgia…
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Jeong Cheol
Introduction to Jeong Cheol Jeong Cheol, a prominent figure in Korean history, emerged during the Joseon Dynasty, which lasted from…
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Samsung, SK Hynix ramp up DRAM business on rapid AI growth
Samsung Electronics semiconductor manufacturing complex under construction in Pyeongtaek, Gyeonggi Province (Photo by Hyuk Choi) Samsung Electronics Co. and SK…
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STIC to buy Korean flooring firm Nox from TPG for $336 mn
Floor with LVT (Courtesy of Nox) Seoul-based private equity firm STIC Investments agreed to acquire global leading luxury vinyl tiles…
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Lunit participates in Singapore’s AI diagnostic solution project
Lunit, a South Korean cancer diagnostics AI company, announced on Wednesday that it solely participates in a chest X-ray reading…
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Korean shipbuilder Samsung Heavy resumes its Asia push
Samsung Heavy Industries’ Geoje Shipyard (Courtesy of Samsung) Samsung Heavy Industries Co., a leading South Korean shipbuilder, is set to…
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Korea’s Ssangyong C&E exports eco-friendly limestone cement to US
Ssangyong C&E ships 30,000 tons of low-carbon limestone cement to the US, the first Korean firm to export eco-friendly cement…
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Samsung signs wind turbine structure supply deal with Equinor
Anders Opedal (left), chief executive of Equinor and Choi Sungan, CEO of Samsung Heavy Industries (Courtesy of Equinor) South Korea’s…
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NHN unveils new corporate identity
South Korea’s NHN Corp. unveiled a new corporate identity (CI) on Thursday in celebration of its anniversary and announced that…
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SoftBank-backed Tridge in trouble amid Korean startup doom
(Captured from Tridge website) Tridge Co., South Korea’s first agricultural product and food trading platform operator invested by SoftBank Group…
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LG Uplus to produce live-action robot drama
South Korea’s LG Uplus Corp. announced plans to partner with SAMG Entertainment and HighZium Studio Co. to create Korean-style robot…
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Naver begins Saudi digital twin project for smart cities
Naver’s virtual simulations of cities based on digital twin platforms South Korean internet giant Naver Corp. and the Saudi Arabian…
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Kia overtakes Hyundai in US EV market driven by SUVs
Kia EV3 concept Kia Corp., South Korea’s No. 2 carmaker behind its sister company Hyundai Motor Co., is racing ahead…
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Lotte Rental to service Vietnam’s individual long-term rental
Lotte Rental Co., South Korea’s largest car rental firm, announced on Monday that it will enter Vietnam’s individual long-term car…
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Net zero, digitalization to boost private infrastructure investment
Wooden block with green net zero icon (Courtesy of Getty Images) Infrastructure debt is a growing asset class with much…
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Hyundai Mobis unveils airbags for purpose-built vehicles
Door-installed curtain airbag for PBV (Courtesy of Hyundai Mobis) Hyundai Mobis Co., the world’s sixth-largest auto parts maker, on Thursday…
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SK Ecoplant to merge tech unit for group restructuring
SK Ecoplant headquarters in Seoul (By Dae-chul Lim) SK Ecoplant Co., a South Korean construction engineering and waste management company,…
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Korea mulls tripling NPS advance dollar funding limit
National Pension Fund’s headquarters in Jeonju, North Jeolla Province South Korea is considering tripling the maximum amount of dollars the…
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SK Securities becomes lead IPO manager for 1st time since 2018
SK Securities’ headquarters in Yeouido, Seoul (Courtesy of SK) SK Securities Co., a former unit of South Korea’s No. 2…
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The Japanese Occupation of Korea: A Struggle for Independence and the Korean War
in HistoryIntroduction to the Japanese Occupation The Japanese occupation of Korea, spanning from 1910 to 1945, was a critical period that…
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Samsung’s Q2 profit soars on AI chips; second-half outlook rosy
Samsung’s NQ8 AI Gen3 processor South Korean tech giant Samsung Electronics Co. on Friday flagged a more than 15-fold increase…
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Kwangdong Pharma acquires stake in Precision Bio
South Korea’s Kwangdong Pharmaceutical announced on Tuesday that it signed a stock purchase agreement to acquire Precision Biosensor Inc., a…
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Hyundai accelerates EV push in Indonesia with Kona EV
A Kona Electric production line in Hyundai Motor’s plant in West Java, Indonesia (Courtesy of Hyundai Motor) JARKATA, Indonesia –…
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S.Korea’s Hanwha, Doosan to develop fighter jet engines
Engine for the South Korean supersonic fighter jet KF-21 manufactured by Hanwha Aerospace under license deal with GE Aerospace (File…
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Korea’s bet on US assets up on bull stocks, EV incentives
Bundle of the US dollar and Japanese yen at Hana Bank headquarters in Seoul South Korea’s financial assets in the…
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Hyundai to transform Jeonju plant into hydrogen vehicle hub
Hyundai Motor’s Xcient hydrogen fuel cell truck Hyundai Motor Co., South Korea’s top automaker, will transform its commercial vehicle plant…
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Hyundai Glovis enters LNG transport business with Woodside Scarlet Ibis
Executives from Hyundai Glovis and Woodside Energy at HD Hyundai Samho for the naming ceremony for the Woodside Scarlet Ibis,…
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Lotte Energy Materials sets sights beyond copper foil: CEO Kim
Lotte Energy Materials CEO Kim Yeon-seop at InterBattery Europe 2024 in Munich, Germany MUNICH – Lotte Energy Materials Corp. is…
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Hanwha acquires $100 million Philly Shipyard to debut in US market
Philly Shipyard in Philadelphia, Pennsylvania (Courtesy of Hanwha Group) South Korean chemicals-to-defense conglomerate Hanwha has signed a $100 million deal…