By Kim Seung-yeon SEOUL, Jan. 13 (Yonhap) -- LG Energy Solution Ltd. (LGES) said Friday its joint U.S. electric vehicle (EV) battery venture with Japan's Honda Motor Co. has officially set sail, taking a step further in the advance into the American market. The launch of L-H Battery Co. Inc., the venture's official name, came

By Kim Seung-yeon LAS VEGAS, Jan. 8 (Yonhap) -- SK Geocentric Co., a South Korean chemical company, said Sunday it has signed a contract with a British firm to build a plastic pyrolysis plant in South Korea, taking a step closer to establishing what will be the world's first plastic recycling cluster in two years.

CES 2022 in Las Vegas last January South Korean tech companies are ready to showcase their latest products and innovative technologies at CES 2023, the world's largest consumer electronics show slated to open in Las Vegas next week. CES will be held in a bigger and more fully in-person fashion this time, with global tech

SEOUL, Dec. 23 (Yonhap) -- Samsung Electronics Co. on Friday held an opening ceremony for a research and development center in Vietnam, in what the tech giant said is the largest such facility in the Southeast Asian country set up by a foreign firm. "I expect the R&D center to contribute to Vietnam's industrial competitiveness

State spending on strategic industries to surge 43% next year (ATTN: RECASTS headline, lead; ADDS Yoon's comments, more details throughout, photo) SEOUL, Dec. 14 (Yonhap) -- South Korea on Wednesday held a ceremony to celebrate the operation of its 27th nuclear reactor, as the country has striven to become a nuclear powerhouse and to better

State spending on strategic industries to surge 43% next year By Kim Seung-yeon SEOUL, Dec. 9 (Yonhap) -- Hyundai Motor Group and SK On Co. will build an electric vehicle battery manufacturing facility near Atlanta in the U.S. state of Georgia, the state government has announced, after the two South Korean companies unveiled a plan

State spending on strategic industries to surge 43% next year SEOUL, Dec. 5 (Yonhap) -- POSCO Chemical Co. said Monday it has clinched a long-term deal to supply a key battery material to the U.S.-based joint venture between South Korea's LG Energy Solution Ltd. and General Motors Co. POSCO Chemical will supply US$688.6 million worth

State spending on strategic industries to surge 43% next year Crown Prince of Luxembourg Guillaume Jean Joseph Marie (The Government of the Grand Duchy of Luxembourg) Luxembourg’s Crown Prince Guillaume Jean Joseph Marie is set to arrive in Seoul on Monday for a three-day visit, leading a delegation of 87 representatives from public and private

State spending on strategic industries to surge 43% next year SEOUL, Nov. 17 (Yonhap) -- South Korean business leaders are set to meet Saudi Arabia's Crown Prince Mohammed bin Salman in Seoul on Thursday afternoon to discuss business cooperation, including the construction of a futuristic mega city. Samsung Electronics Executive Chairman Lee Jae-yong, SK Group

State spending on strategic industries to surge 43% next year By Kim Seung-yeon SEOUL, Nov. 11 (Yonhap) -- GS Caltex Corp., a major South Korean refiner, said Friday it has completed the construction of a new olefin cracking facility on the country's southwest coast, as it seeks to expand the petrochemical business. The new mixed