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

State spending on strategic industries to surge 43% next year SEOUL, Nov. 8 (Yonhap) -- Hyundai Motor Group said Tuesday it has signed an initial pact with a Chinese investment bank to push forward its commercial car business in the world's biggest automobile market. Hyundai Motor Group China has signed a memorandum of understanding with

State spending on strategic industries to surge 43% next year James Choi, executive vice president at Samsung Biologics, speaks on partnering with contract development and manufacturing organizations at the 2022 Convention on Pharmaceutical Ingredients Worldwide, in Frankfurt, Germany, Wednesday. (Samsung Biologics) FRANKFURT, Germany -- Samsung Biologics’ top official on Wednesday stressed the importance of contract

State spending on strategic industries to surge 43% next year SEOUL, Nov. 1 (Yonhap) -- POSCO International Corp. said Tuesday it has signed an initial deal with a Dutch partner for collaboration in a next-generation transportation system. The agreement with Hardt Hyperloop commits the South Korean company to providing rolled steel to the European Hyperloop

State spending on strategic industries to surge 43% next year Hyundai Motor Group Chairman Chung Euisun (left) and Prime Minister of Czech Republic Petr Fiala pose for a photo after holding talks on Busan’s bid to host the 2030 World Expo and on the electrification of the carmaker's manufacturing plant in the Czech Republic on