State spending on strategic industries to surge 43% next year By Woo Jae-yeon SEOUL, Dec. 30 (Yonhap) -- SK hynix Inc, South Korea's key memory chip maker, said Thursday it has closed the first phase of the transaction to acquire Intel's NAND and solid-state drive (SSD) business, and will name the newly established subsidiary Solidigm.

State spending on strategic industries to surge 43% next year SEOUL, Dec. 17 (Yonhap) -- Lotte Chemical Corp., a petrochemical unit of South Korean conglomerate Lotte Group, said Friday it will spend 250 billion won (US$211.4 million) to expand its domestic production line of ethylene oxide adduct (EOA), an advanced material used in concrete. The

State spending on strategic industries to surge 43% next year  SEOUL, Dec. 16 (Yonhap) -- SK Inc., the holding firm of South Korea's No. 3 conglomerate SK Group, said Thursday it and a local private equity fund have invested a combined US$50 million in a U.S. biofuel company, as part of efforts to boost its

State spending on strategic industries to surge 43% next year (ATTN: UPDATES with more details in paras 3-8; CHANGES headline; ADDS photos) By Woo Jae-yeon SEOUL, Nov. 24 (Yonhap) -- Samsung Electronics Co. said Wednesday it has selected the city of Taylor in Texas as the site of its new US$17 billion chip fabrication plant,

State spending on strategic industries to surge 43% next year SEOUL, Nov. 24 (Yonhap) -- The top trade officials of South Korea and Costa Rica met in Seoul on Wednesday and discussed ways to further boost bilateral trade and investment, Seoul's industry ministry said. During the meeting, Seoul's Trade Minister Yeo Han-koo and Costa Rica's

State spending on strategic industries to surge 43% next year By Woo Jae-yeon SEOUL, Nov. 18 (Yonhap) -- Samsung Group's de facto leader Lee Jae-yong has met with leaders of Moderna and Verizon in the United States to enhance cooperation with the global partners, Samsung said Thursday, as part of efforts to secure the conglomerate's

State spending on strategic industries to surge 43% next year SEOUL, Nov. 18 (Yonhap) -- SKC Co., a chemical unit of South Korea's No. 3 conglomerate SK Group, said Thursday it will spend 900 billion won (US$760.7 million) to build a battery copper foil factory in Poland, as part of efforts to expand its market

State spending on strategic industries to surge 43% next year By Nam Kwang-sik SEOUL, Nov. 15 (Yonhap) -- Hyundai Electric & Energy Systems Co. (HE) said Monday it will launch a 26.6-billion won (US$22.5 million) project to build an eco-friendly electricity generation and supply system in an industrial complex in South Korea. To that end,

State spending on strategic industries to surge 43% next year SEOUL, Nov. 16 (Yonhap) -- Trade officials from South Korea, China and Japan discussed ways Tuesday to enhance trilateral economic cooperation amid the pandemic and to boost trade and investment in such broader fields as environment and energy, Seoul's trade ministry said. During the one-day

State spending on strategic industries to surge 43% next year A concept image of how Hyundai Oilbank aims to capture carbon, turn it into construction materials and supply them to construction sites. (Hyundai Oilbank) Hyundai Oilbank is capturing carbon emissions and transforming them into raw materials used for cement and concrete at construction sites, as