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Mon, September 25, 2023 | 06:10
Korean battery makers threatened by rapid growth of Chinese rivals
Concerns are growing that Korean battery makers could lose their dominance over Chinese competitors in the global market excluding China, as more electric vehicle (EV) manufacturers prefer to use inexpensive lithium iron phosphate (LFP) batteries instead of ternary batteries, according to industry officials, Monday.
Companies | 2023-09-11 16:20
SK hynix shares plunge despite denial of chip supply to China's Huawei
SK hynix's stock price fell sharply on Friday, following a report that the Korean firm's memory chips were used in the latest smartphone from Huawei Technologies. But the Korean company claims it has been abiding by U.S. restrictions on chip exports to China.
Tech | 2023-09-08 16:31
POSCO Group bolsters ties with Australia to secure core minerals
POSCO Group Chairman Choi Jeong-woo helped Korea and Australia enhance their bilateral ties in investing in the hydrogen industry and key minerals by inviting the Premier of Western Australia, Roger Cook, to the annual joint meeting in Seoul between the two countries' business councils, Friday.
Companies | 2023-09-08 13:45
EU regulations on global Big Techs give Samsung advantage over Apple
Samsung Electronics is expected to benefit from the European Union's decision on Wednesday (local time) to designate Apple as one of the six global tech giants to be subject to stricter regulations, while excluding the Korean firm from the list, according to industry officials, Thursday.
Tech | 2023-09-07 16:47
Heirs of Hanwha, HD Hyundai compete for global buyers at Gastech
The Gastech 2023 industry conference in Singapore became an arena of competition between HD Hyundai President Chung Ki-sun and Hanwha Group Vice Chairman Kim Dong-kwan, as Kim made a surprise visit to the venue on Thursday, after participating in the International Defence Industry Exhibition (MSPO) in the Polish city of Kielce, where he met with Polish President Andrzej Duda,...
Companies | 2023-09-07 16:38
POSCO International to capture, store carbon off Texas coastline
An international consortium comprised of POSCO International, Spain's Repsol, America's Carbonvert and Japan's Mitsui E&P was selected as the preferred bidder for the Texas state government's carbon capture and storage (CCS) project, according to the Korean trading and energy firm, Wednesday.
Companies | 2023-09-06 15:41
Hanwha heir meets Polish president for $2.4 billion submarine deal
Hanwha Group Vice Chairman Kim Dong-kwan met with Polish President Andrzej Duda, Tuesday (local time), at the company's exhibition pavilion for the International Defence Industry Exhibition (MSPO) in the Polish city of Kielce.
Companies | 2023-09-06 13:45
SK enmove to focus on lubricants for energy efficiency
SK enmove unveiled its goal of becoming a global top-tier company in the energy-efficient lubricant market by 2040 with ZIC e-FLO, its new product named after its signature internal combustion engine oil brand.
Companies | 2023-09-05 16:35
[INTERVIEW] Korea urged to set realistic rules for aluminum can recycling
Korea's environmental regulations and public awareness are still seen as insufficient to increase the recycling of used beverage cans into new aluminum cans, according to the Asia-Pacific business head of Novelis, a global producer of rolled aluminum and recycler of aluminum cans.
Companies | 2023-09-05 15:22
GS E&C collaborates with LG Electronics to expand presence in Europe
The Smart Cottage, a prefabricated home developed jointly by GS E&C's European subsidiary, Danwood, and LG Electronics, was unveiled at the IFA 2023, the largest home appliances exhibition in Europe, which kicked off last Friday in Berlin, the Korean builder said Monday.
Companies | 2023-09-04 15:52
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More than 2,800 killed by earthquake in Morocco
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