On Sept. 14, SeAH Group announced its participation in H2 MEET 2023, the world’s largest hydrogen industry exhibition, which opened in Goyang, Gyeonggi Province on Sept. 13, showcasing their vision and differentiated technical capabilities in the hydrogen industry.SeAH Group artistically incorporate
LG Chem is planning to build the first domestic Hydrogenated Vegetable Oil (HVO) factory in Daejeon in partnership with an Italian state-owned energy company, with completion expected by 2026.On Sept. 14, LG Chem announced its collaboration with ENI S.M., a subsidiary of Italy’s largest state-owned
On Sept. 14, Ryu Jung-hoon, the CEO of Doosan Robotics, said during a press conference in Yeouido’s 63 Square in Seoul, “Doosan Robotics is recognized as a top three collaborative robot company globally alongside Denmark’s Universal Robots and Japan’s Fanuc. Our sales growth rate is five times highe
Hyundai Engineering & Construction (Hyundai E&C) is taking steps to establish a collaboration network with local institutions and companies in Poland, aiming to lay the groundwork for its foray into Eastern Europe’s nuclear, renewable energy, and infrastructure sectors.Hyundai E&C announced that the
Samsung C&T’s Trading & Investment Division announced on Sept. 14 that its U.S. renewable energy subsidiary, Samsung C&T Renewables, has signed a sale and development service agreement for a 3 gigawatt (GW) solar and energy storage system (ESS) project in southern Texas with Sunraycer Renewables, a
POSCO Holdings is set to cooperate with CF Industries, the world’s leading ammonia producer, to advance the production of blue ammonia within the United States.On Sept. 14, during the H2 MEET 2023 event held at KINTEX in Ilsan, POSCO Holdings signed a joint development agreement (JDA) with CF Indust
As Google’s YouTube Music continues to dominate the Korean music market, Korean music streamers are looking for ways to survive.The amount of monthly active users (MAU) of Korean music streaming companies has been declining while YouTube Music has been growing at a high rate. As a result, Korean com
Korea and the United States have released a joint declaration on strengthening research and development cooperation in artificial intelligence (AI), open clouds, and 6G, and discussing digital international norms.The Ministry of Science and ICT (MSIT) and the Personal Information Protection Commissi
Globally, China is the country with the lowest price of the iPhone 15 base model (128GB). In Turkiye, the most expensive model, the iPhone 15 Pro Max 1 TB costs more than 4.5 million won. In Korea, the iPhone base model (128 GB) has a price tag of 1.25 million won.On Sept. 14, market research firm N
The Korea Atomic Energy Research Institute (KAERI) announced on Sept. 14 that it has developed a process to mass-produce bentonite, a high-quality material used to dispose of spent nuclear fuel. “If this material is supplied domestically through a localized process, it will save the Korean economy a
The Arion-SMET, a multipurpose unmanned vehicle developed by Hanwha Aerospace, will undergo a performance test at a US Marine Corps training center.Hanwha Aerospace announced on Sept. 4 that it recently signed a contract on the Foreign Comparative Testing (FCT) Program with the U.S. Department of De
Authorities of the Korean Intellectual Property Office (KIPO) will crack down on fake Blackpink merchandise for fans present at the local Blackpink concert.KIPO said it will crack down on counterfeit merchandise related to the girl group at the “Blackpink World Tour Finale Concert,” which will be he
SK hynix announced on September 14th that it has co-published a white paper with Intel which reveals that its DDR5 server DRAM applied to Intel’s CPUs demonstrated industry-leading performance levels. This white paper was released simultaneously on the SK hynix and Intel websites.The two companies h
In response to the rapidly evolving landscape of the logistics sector, characterized by an increase in the value addition of logistics, the integration of advanced systems, and the proliferation of borderless e-commerce, Incheon International Airport is steadfast in its commitment to enhancing logis
Global leading tire company Hankook Tire is now supplying ‘Hankook RA08’, a radial tire for a light truck, as an Original Equipment Tire (OET) for the world’s best-selling eco-friendly vehicle company, BYD. ‘Hankook RA08’ will be used with BYD’s one-ton electric truck, the T4K.The T4K is distinguish
TheAfrica-Korea Business Summit was hosted at the Peninsula Hotel in Paris by the Korea-Africa Foundation and the Korea Chamber of Commerce and Industry (KCCI) with support from the Ministry of Foreign Affairs of the Republic of Korea. The theme for the business summit was ‘Africa-Korean partnership
Korea has more than 40,000 imported cars worth more than 200 million won registered as company vehicles. Among them, nearly 8,000 were to the tune of over 300 million won per car. On the other hand, the number of imported cars under 50 million won has descended.The nation had 40,483 imported cars wo
In the mobile application processor (AP) market, Samsung Electronics has succeeded in making a rebound in market share in the first quarter.Samsung ranked fifth with a seven percent share in the global mobile AP market in the second quarter of this year, according to market research firm Counterpoin
Korea Hydraulic announced that it has developed Korea’s first hydraulic clamp cylinder and is playing a major role in promoting the automation of volume production lines for uses such as automobile fueling.What is more, the company has laid the foundation for its growth as a supplier of energy-relat
Amid the global restructuring of the semiconductor supply chain, Samsung Electronics and SK hynix are likely to be the most affected by decisions related to U.S. licenses.On Sept. 11, the Korea Institute for International Economic Policy (KIEP) reported in its Global Semiconductor Supply Chain Restr