On June 13, Samsung Electronics announced a partnership with SolarEdge, the world’s No. 1 solar smart inverter company. The two companies will team up to promote Net Zero Homes, the future of housing, in the global market.Samsung Electronics explained that global companies promoting the Net Zero Hom
Samsung Electronics is developing a generative artificial intelligence (AI) service for employees. This strategy aims to boost productivity and work efficiency through customized AI developed in-house as security issues such as a leakage of confidential documents due to AI are on the uptick.Accordin
Korea Western Power (KOWEPO) has successfully connected a domestically developed power generation gas turbine to the electric power grid, marking a first for South Korea. After the completion of the demonstration operation, South Korea will be the fifth country in the world to develop and operate la
The author is an analyst for NH Investment & Securities. He can be reached at jaekwang.rhee@nhqv.com -- Ed.Requiring significant capital investment, the aerospace/defense industry is intimately connected with national defense. In line, in times of heated competition between nations, defense expendit
Samsung C&T announced on May 17th that it has signed a Memorandum of Understanding (MOU) with Diamond Generating Asia (DGA), a subsidiary of Mitsubishi Corporation, for the collaborative development and operation of a green hydrogen/ammonia project in Australia.Through this agreement, both companies
CJ Logistics announced on May 16 that it has signed a Logistics Project Collaboration MOU with Beez Logistics, a local logistics company in Saudi Arabia, in a strategic move to penetrate the Saudi Arabian logistics market.Beez Logistics, headquartered in Riyadh, the capital of Saudi Arabia, has been
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.With its remarkable top-line growth stemming from 5G subscriber increase now slowing, LG U+ is seeing a weakening in both wireless service sales and overall OP expansion. A solid performance of B2
Leading global tiremaker Hankook Tire will enter the 2023 Major League Baseball (MLB) season as the league’s Official Tire in the U.S. and South Korea.An official partner of MLB since 2018, this year, the Hankook logo will be featured in signage behind home plate in select games, along with other ma
The Incheon Free Economic Zone (IFEZ) Authority announced on March 28 that it held a networking and investor relation (IR) event at the Incheon Startup Park with the participation of 18 companies, including British autonomous driving research companies and those based in the Incheon Free Economic Zo
More than 500 people from the global information technology (IT), consumer electronics and platform industries are participating in the Connectivity Standards Alliance (CSA) that will run for four days from March 20. Participants include mobile and home appliance companies such as Samsung Electronic
The Ministry of Oceans and Fisheries is analyzing Russia’s North Pole Route development plan approved in August last year. The Russian government is planning to invest 1.8 trillion rubles (US$24 billion) for 12 years to come so that Europe and Asia can become more closely connected via the route.The
SK On, a company specializing in pouch-type batteries, will unveil a prismatic battery for the first time. The company is employing a strategy to increase its global competitiveness by meeting the needs of automakers with a variety of products.SK On announced on March 9 that it will unveil a new pri
Huawei Cloud APAC is committed to strengthening its partner ecosystem. The global cloud company reaffirmed this commitment by hosting the APAC Partner Leadership Summit 2023 from the 23rd to the 24th of February in Bali, Indonesia. With the theme, “Go Together, Grow Together,” this two-day summit is
Busan City held a press tour on March 7 to provide information on its preparations for World Expo 2030. The tour was joined by a number of journalists and reporters from the Washington Times, Daily Telegraph, NHK, EFE, CAN, Politiken, and others.Busan City Mayor Park Hyung-joon gave a presentation o
Hankook & Company, the holding company of Hankook & Company Group (formerly Hankook Tire Group), is strengthening its digital innovation capabilities through the acquisition of autonomous driving technology from driving data startup, 3Secondz.Founded in 2016 by CEO Kim Jae-woo from KAIST, startup 3S
During the 2023 Mobile World Congress (MWC 2023), Huawei successfully held its 5th Industry Digital Transformation Summit, bringing together global industry customers, partners, and opinion leaders to discuss how digital technologies will affect our future - from the development of the world economy
Hanwha Solutions has obtained eco-friendly certification for rPE (recycled polyethylene), a renewable raw material, and will expand the rPE market in earnest.Hanwha Solutions announced on Feb. 28 that it has obtained a certificate of the Global Recycled Standard (GRS) on rPE materials recycled from
LGES, Ford, and Koç Holding sign non-binding MOU to build one of the largest commercial electric vehicle battery cell production facilities in the wider European regionProject on track to break ground near Ankara, Turkey, later this year, with production to start in 2026, supporting Ford’s target of
Samsung Electronics have joined hands with Google and Qualcomm to develop next-generation extended reality (XR) devices. The specific method of their cooperation has not been finalized. But as Apple is about to release a mixed reality (MR) device within this year, the three companies are banding tog
Hana Financial Group announced on Jan. 9 that its chairman Ham Young-joo visited CES 2023 in Las Vegas on Jan. 5.Ham was accompanied by about 20 young managers from the group's affiliates.The young employees visited the booth of ASLEEP, a Korean company specializing in sleep technology that rece