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Manufacturing

Fri, January 29, 2021 | 00:37

EDGC to provide early cancer detection services to Europe working with Ukraine-based clinic

EDGC to provide early cancer detection services to Europe working with Ukraine-based clinic

South Korean genome research company Eone Diagnomics Genome Center (EDGC) said it will start providing early cancer detection services to Europe working with a Ukraine-based clinic that is participating in its research.

Ko Dong-hwan | 2021-01-28 17:59

POSCO Group eyes W102 tril. in sales in 2023

POSCO Group eyes W102 tril. in sales in 2023

POSCO Group has set a bold target of achieving 102 trillion won ($91.3 billion) in aggregate sales in 2023, according to the steelmaker, Wednesday.

Nam Hyun-woo | 2021-01-28 16:45

'Mass rollout of COVID-19 vaccines is just beginning of the end'

'Mass rollout of COVID-19 vaccines is just beginning of the end'

A new milestone has been reached in the COVID-19 era, with the world reaching the one hundred million infection mark, as of January 26th, roughly a year and a month since the pandemic broke out.

Kim Yoo-chul | 2021-01-28 09:18

Batteries energize LG Chem's 2020 earnings

Batteries energize LG Chem's 2020 earnings

LG Chem displayed stellar earnings performance in 2020, achieving record-high sales thanks to robust demand for its electric vehicle (EV) batteries, the company said Wednesday.

Baek Byung-yeul | 2021-01-27 16:43

SK Nexilis to build copper foil plant in Kota Kinabalu

SK Nexilis to build copper foil plant in Kota Kinabalu

SK Nexilis will build its first overseas plant in Kota Kinabalu, Malaysia, with the aim of tripling its production capacity of copper foil for electric vehicle (EV) battery cells, the company said Tuesday.

Nam Hyun-woo | 2021-01-26 18:29

Hyundai Heavy seeks W1 tril. IPO

Hyundai Heavy seeks W1 tril. IPO

Korea Shipbuilding & Offshore Engineering (KSOE), a holding firm of Hyundai Heavy Industries (HHI), plans to move forward with HHI's initial public offering (IPO) as a fundraising campaign to invest in the group's future business amid a gradual recovery in the COVID-19 situation.

Kim Yoo-chul | 2021-01-26 16:38

Foreign firms demand eased regulations despite sluggish job creation

Foreign firms demand eased regulations despite sluggish job creation

Job creation by foreign firms in Korea remained at a tepid level, though they are said to have been pressuring the government to ease regulations and provide more investment benefits.

Nam Hyun-woo | 2021-01-25 16:18

[INTERVIEW] AMCHAM chief says more chemistry to come between Korea, US

[INTERVIEW] AMCHAM chief says more chemistry to come between Korea, US

James Kim, chairman and CEO of the American Chamber of Commerce (AMCHAM) in Korea, said more chemistry is expected between the Korean government and the newly inaugurated U.S. President Joe Biden administration. “There seems to be more chemistry between President Joe Biden and President Moon as it relates to the Green New Deal so I think that will be very positive,” Kim said ...

Kim Hyun-bin | 2021-01-23 09:13

World Trade Organization rules in favor of South Korea in lawsuit against US

World Trade Organization rules in favor of South Korea in lawsuit against US

South Korea's trade ministry said Friday that the World Trade Organization (WTO) has ruled in favor of Seoul in its lawsuit against the United States centering on high tariffs imposed on local steel and power transformer products.

2021-01-22 11:23

Biden presidency to benefit IT, green energy industries

Biden presidency to benefit IT, green energy industries

Businesses are keeping a keen eye on changes in industrial policy following the inauguration of U.S. President Joe Biden, given the Korean economy's high dependency on trade.

Kim Bo-eun | 2021-01-21 16:41

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