Samsung Electronics released a new model of its premium air purifier, the Bespoke Cube Air Infinite Line, on March 25, featuring a new filter that does not require periodic replacement. The highlight of this model is the Infinite Line Filter.The Infinite Line Filter consists of a washable sterilizat
LG Chem announced on the 20th that it will exhibit eco-friendly plastic materials made from carbon dioxide at Cosmoprof Bologna 2024, held on the 21st in Bologna, Italy, to secure customers.The Cosmoprof exhibition is the world’s largest beauty industry expo, with participation from approximately 3,
Due to the severe downturn in the global commercial real estate market, overseas real estate mutual funds are rapidly emerging as a new potential catalyst in the financial market. With recent one-year returns plummeting to as low as -80 percent, there are signs indicating the looming realization of
The Ministry of Trade, Industry and Energy (MOTIE) announced that the amendment to the “Act on Trade Adjustment Assistance” passed through the National Assembly plenary session on Jan. 25.As part of the measures to strengthen the manufacturing sector in response to the implementation of Free Trade A
Hyundai Motor India Ltd. (HMIL) has completed acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. The acquisition has been completed post fulfilment of certain conditions and receipt of regulatory approvals from relevant government authorities and
The top leading economic organizations of Korea and Japan met in Tokyo for the first time in four years, agreeing to strengthen cooperation in fostering startups in the two countries. They also agreed to establish trilateral economic cooperation between Korea, the United States, and Japan, and to wo
Hyundai Motor India Limited (HMIL), announced Rs 6 180 Crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Madras). This is in addition to the Rs 20 000 Crore investment planned in a phased manne
DL Engineering & Construction (DL E&C) has announced a feasibility study contract with Kellogg Brown & Root (KBR), a U.S. petrochemical and energy technology specialist, for the production of sustainable aviation fuel using the “Alcohol to Jet” (ATJ) technology that converts plant-derived ethanol in
Data reveals that 60% of all private equity funds recorded deficits. Despite an increase in both the total number of private equity funds and their assets under management, the growing number of companies operating in the red indicates an accelerating polarization in the private equity market, accor
SK Innovation has successfully converted carbon dioxide into carbon monoxide using electrochemical catalytic reactions. The carbon monoxide produced by this method is expected to contribute to the production of various chemical products as a basic material, as well as carbon reduction in chemical pr
SK Group Chairman Chey Tae-won has proposed the formation of an economic partnership between Korea and Japan to proactively address the changes to the global economy caused by geopolitical conflicts and divisions.“The era of a single global market has passed due to geopolitical conflicts, climate ch
Korean researchers have developed a world-class ruthenium (Ru) catalyst for ammonia decomposition that will accelerate production of clean hydrogen by extracting hydrogen from ammonia, the key to the hydrogen economy quickly and in large quantities. Above all, the world does not have a commercial pr
BASF, a globally leading battery materials producer, and SK On, a globally leading electric vehicle battery cell manufacturer, have entered into an agreement to jointly evaluate collaboration opportunities in the global lithium-ion battery market focused on North America and Asia-Pacific. The collab
Incheon Free Economic Zone (IFEZ) celebrates its 20th anniversary on Oct. 15, marking two decades of steering South Korea’s economic growth.Incheon Free Economic Zone (IFEZ), composed of Songdo, Cheongna, and Yeongjong International Cities, was designated as South Korea’s first free economic zone on
A site in Kokomo, Indiana, the United States has been selected as the home of the second joint venture EV battery plant between Samsung SDI and Stellantis.Samsung SDI and Stellantis announced on Oct. 11 that they have selected the site for the second plant of their joint venture, StarPlus Energy, ne
Samsung Electronics is joining hands with Jim Keller, often referred to as the “legend of semiconductor design,” and his company Tenstorrent, to produce advanced AI semiconductors at its Taylor Foundry in the United States. The move signifies Samsung’s accelerated efforts to collaborate with both do
A technology that maintains high hydrogen production efficiency over a long period by leveraging semiconductor technology capable of implementing a three-dimensional network structure has been developed.On Sept. 25, the Korea Advanced Institute of Science and Technology (KAIST) announced that a join
Specialized patent examiners in the field of semiconductors, which has acquired crucial technologies over more than 30 years in private semiconductor companies such as Samsung Electronics and SK hynix, are being further expanded this year to contribute to securing the nation’s competitiveness. Parti
The semiconductor battle between the United States and China is escalating. The U.S. has imposed sanctions on semiconductor exports to China, citing threats to national security, to which China responded by blocking exports of key semiconductor minerals. The U.S. is now considering restricting even
A 600 billion won investment into American logistics centers by CJ Logistics is being highlighted as a positive case of Korea-US partnership.According to CJ Logistics, Ellen Park, a New Jersey State Assemblywoman, mentioned on her Facebook page on July 17 (local time) that “CJ Logistics’ New Jersey