Hyundai Motor Co. announced on Nov. 13 (local time) that it has signed a memorandum of understanding (MOU) on the supply of aluminum with PT Adaro Minerals Indonesia at the Nusa Dua Convention Center in Bali, Indonesia during the B20 Summit Indonesia 2022, a global forum for economic groups and comp
U.S. President Joe Biden and South Korean President Yoon Suk-yeol met in Phnom Penh, Cambodia on Nov. 13. The former said that details of the U.S. Inflation Reduction Act need to be formulated with South Korean EV and EV battery manufacturers’ contribution to the U.S. economy reflected.The U.S. Cong
SK Signet will support the G20 Summit in Bali, Indonesia by providing official electric vehicle (EV) chargers.The 17th G20 Summit is held in Bali from Nov. 15 to 16 under the theme of “Recover Together, Recover Stronger.” It uses the largest-ever number of EVs.A total of 64 rapid EV chargers have be
Grape Lab, an eco-friendly social venture supported by SK innovation, has been selected as an impact startup in the Web Summit 2022, Europe’s largest technology show.SK Innovation said on Nov. 9 that Grape Lab participated in the Web Summit held in Lisbon, Portugal from Nov. 1 to 4. The company open
- Vietnamese subsidiary Doosan Vina signs supplier agreement for offshore wind turbine substructure with Ørsted- Vietnam’s offshore wind power market forecast to grow to 7GW by 2030Doosan Enerbiity announced on Nov. 3 that its Vietnamese subsidiary Doosan Vina had signed a memorandum of understandin
GXC, a leading global solution of the video game industry, has launched Round Ventures, its new US$40 million plus venture fund focused on investing in early stage games startups. The fund will invest in promising video game developers and video game related companies to help fuel their growth while
Korea Hydro & Nuclear Power (KHNP) is expected to sign a letter of intent with Poland on Oct. 31 regarding nuclear power plant construction. Multiple nuclear power plants are planned to be built in Poland and those are expected to be built by Westinghouse Electric Co. and KHNP. Polish Deputy Prime M
LG Innotek announced on Sept. 30 that it has achieved the global compliance management system (ISO 37301) certification.The ISO 37301 is a set of global standards for compliance management systems (CMS) that has been developed and implemented by the International Organization for Standardization (IS
The Ministry of SMEs and Startups hosted the Korea-U.S. Startup Summit in New York on Sept. 20 and 21. There, the ministry, RPS Ventures, Millennium Technology Value Partners and Applied Ventures agreed to raise a startup fund together.The 280 billion won fund is to help South Korean startups enter
The Striding Towards the Intelligent World Summit at HUAWEI CONNECT 2022 successfully concluded on Sept. 22. David Wang, Huawei's executive director of the board and chairman of ICT Infrastructure Managing Board, delivered a keynote speech titled Embracing the 5.5G Era: Striding Towards the Inte
The authors are analysts of Shinhan Investment Corp. They can be reached at shawn1225@shinhan.com and jhwon@shinhan.com, respectively. – Ed. Celltrion unlikely to be hit by follow-up measures of the executive orderUS President Joe Biden on Sept. 12 signed an executive order for the launch of a natio
At HUAWEI CONNECT 2022 on Sept. 21, Kim Jin, vice president of Huawei Optical Business Product Line, delivered a keynote speech entitled "F5G Evolution, Reshaping Industry Productivity" in which he laid out his vision that F5G will primarily evolve across three new industry scenarios, and released t
HUAWEI CONNECT 2022, Huawei's 7th annual flagship event for the global ICT industry, began on Sept. 19 in Bangkok. The theme of this year's event is "Unleash Digital," gathering over 10,000 ICT industry leaders, experts, and partners from around the world to explore how to more effectively u
Canada is emerging as an alternative to China for electric vehicle (EV) battery material and component supply after the U.S. Inflation Reduction Act took effect last month. Canada is home to large nickel, cobalt and graphite reserves and European automakers are expected to cooperate more with South
SK Hynix is accelerating the development of a next-generation standard for 4D NAND flashes by mass-producing 238-layer products, the world's highest layers.The company introduced its 4D 2.0 technology at Flash Memory Summit 2022 (FMS 2022), which was held at the Santa Clara Convention Center i
Huawei has recently hosted the TECH4ALL Education Global Online Summit. Officials and experts at the summit explored how digital technologies will transform today's education systems into a more inclusive and innovative paradigm, democratize access to education resources, and build-in systemic r
A majority of the Korean and Japanese people think that bilateral relations need to be improved for economic development, according to a survey conducted by the Federation of Korean Industries (FKI).The survey polled 1,632 adults over the age of 18 in Korea and Japan.Specifically, 85.8 percent of th
South Korean President Yoon Suk-yeol is planning to have summit talks with Saudi Arabian Crown Prince Mohammed Bin Salman in November this year. Attention is focusing on the outcome of the meeting in the nuclear power industry as South Korea is aiming to export at least 10 nuclear power plants by 20
Competition is heating up among global memory semiconductor producers to develop compute express link (CXL)-based memory solutions. CXL is an open, industry-supported standard for CPU-to-device and CPU-to-memory connections. The CXL interface is a key technology that enables more innovative ways to
Samsung Electronics unveiled an array of next-generation memory and storage technologies during Flash Memory Summit 2022, held at the Santa Clara (California) Convention Center, Aug. 2-4.In a keynote titled “Memory Innovations Navigating the Big Data Era,” the company spotlighted four areas of techn