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Biz & Tech

Manufacturing

Wed, May 27, 2020 | 09:54

After incidents, LG Chem to conduct safety checks

After incidents, LG Chem to conduct safety checks

LG Chem said Tuesday it will conduct a thorough safety inspection of its 40 factories worldwide for a month, after the company was hit by two recent deadly incidents at manufacturing plants in India and South Korea.

2020-05-26 17:00

OECD bid to tax digital firms unnerves Korean manufacturers

OECD bid to tax digital firms unnerves Korean manufacturers

The OECD's bid to tax multinational digital companies, such as Google and Netflix, may pose a threat to South Korea's leading tech companies, industry officials said, Tuesday.

2020-05-26 16:48

Doosan wins incentive from Hungary

Doosan wins incentive from Hungary

Doosan Solus will receive 34 billion won in incentives from the Hungarian Investment Promotion Agency (HIPA), Monday, to establish an electric vehicle battery component plant there. From second left are Doosan Solus CFO Kwak Geun-man, Doosan Solus Hungary corporate body head Kim Jong-woo and HIPA head of incentive department Adrienn Olah Kantol. Yonhap

2020-05-25 17:00

Korean firms brace for post-pandemic era

Korean firms brace for post-pandemic era

Major Korean conglomerates such as Samsung and LG Electronics are speeding up their moves to resume overseas plant operations in a bid to prepare for a pick-up in demand and put themselves on better footing in the post COVID-19 era. Industry watchers believe there could be large M&A deals to strengthen their market presence and major expansion of plant production capacity to ...

2020-05-24 17:09

SK's new biz under spotlight in post-pandemic era

SK's new biz under spotlight in post-pandemic era

SK Group's new growth businesses of semiconductors, 5G and biopharmaceuticals are gaining market attention in the wake of the COVID-19 outbreak, as they become key elements of the non-face-to-face economy and healthcare industry.

2020-05-20 17:19

Lee expands global influence in special steel business

Lee expands global influence in special steel business

It has been two years since Lee Tae-sung took over as CEO of SeAH Holdings Corp. to lead the company in the global market by strengthening its product portfolio and securing a new growth engine in the special steel business.

2020-05-20 17:10

SK Biopharmaceuticals to be listed in June

SK Biopharmaceuticals to be listed in June

SK Biopharmaceuticals has filed a formal application for its share listing on the KOSPI scheduled for June. The company, a key bio company affiliate of SK Group, submitted a registration statement to the country's financial authorities in the run-up to its initial public offering, Tuesday.

2020-05-20 15:58

Biologics' 3rd plant wins ISO 22301

Biologics' 3rd plant wins ISO 22301

Samsung Biologics, a leading biological drug development company, said Tuesday its third manufacturing plant in Songdo, Incheon, has received ISO 22301 certification.

2020-05-19 17:23

For fair trade with European firms

For fair trade with European firms

Fair Trade Commission Chairwoman Joh Sung-wook, fourth from left, and European Chamber of Commerce in Korea (ECCK) Vice Chairperson Dirk Lukat, third from left, pose with other CEOs of ECCK member companies during their meeting at Lotte Hotel in Seoul, Tuesday. Courtesy of ECCK

2020-05-19 17:08

GC Pharma to provide COVID-19 treatment, free

GC Pharma to provide COVID-19 treatment, free

GC Pharma, a leading South Korean biopharmaceutical company, said Monday it will provide a possible COVID-19 treatment “for free” for patients testing positive with the contagious virus.

2020-05-18 17:07

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