SEOUL, May 7 (Yonhap) -- Multiple foreign oil majors have shown interest in participating in South Korea's deep-sea gas field development project, industry sources said Wednesday. At least two companies, whose identities were withheld, have reviewed the exploration data of potential oil and gas reserves in the East Sea being provided by the Korea National

SEOUL, April 24 (Yonhap) -- Lotte Biologics Co., the biotech arm of Lotte Group, said Thursday it has signed a deal with an Asia-based biotech company for the production of a clinical-stage antibody-drug conjugate (ADC) candidate. The contract marks the first official step toward the full-scale operation of the company's ADC manufacturing facility at the

SEOUL, April 17 (Yonhap) -- LG CNS Co., an information technology affiliate of South Korea's LG Electronics Inc., said Thursday it has signed agreements to develop electric vehicle (EV) charging infrastructure and smart city solutions in the United States. Under a deal with the New York City Economic Development Corporation, LG CNS will install and

SEOUL, April 9 (Yonhap) -- Amazon Web Services Inc. (AWS) said Wednesday it will hold its global tech conference in Seoul next month. The AWS Summit Seoul 2025 will be held May 14-15 at COEX in southern Seoul and bring together business leaders, government officials, developers and customers to explore the latest trends in artificial

  SEOUL, April 4 (Yonhap) -- South Korea and India held a joint forum on growth strategy Friday and discussed measures to expand bilateral cooperation in trade, Seoul's industry ministry said. In the Seoul forum, the two sides discussed advancing collaboration in trade and investment, as well as future industries, such as advanced manufacturing and

  SEOUL, March 27 (Yonhap) -- Hyundai Motor Group on Wednesday (U.S. time) celebrated the opening of its new electric vehicle (EV) factory in Georgia, reinforcing its commitment to expanding production localization in the United States. Hyundai Motor Group Metaplant America (HMGMA) will serve as a strategic production base to drive the company's global growth

  SEOUL, March 20 (Yonhap) -- Chip giant SK hynix Inc. said Thursday its U.S. sales accounted for over 60 percent of its total revenue last year on rising demand for artificial intelligence (AI) chips from major U.S. tech companies. According to a financial report released by SK hynix, revenues from the United States totaled

  SEOUL, March 13 (Yonhap) -- Lotte Biologics Co., the biotech arm of Lotte Group, said Thursday it has signed an initial pact with U.S. biotech firm Asimov Inc. for partnership in contract pharmaceutical manufacturing. The agreement will allow Lotte Biologics to use Asimov's next-generation cell line development platform technology to provide "end-to-end" services, covering

  SEOUL, March 5 (Yonhap) South Korea's three major battery makers on Wednesday showcased their new battery solutions at InterBattery 2025, the country's premier battery industry exhibition, as they prepare for the upcoming era of electric vehicles (EVs) after the current slowdown. LG Energy Solution Ltd. (LGES), the country's biggest battery firm, unveiled its new

SEOUL, Feb. 27 (Yonhap) -- SK IE Technology Co. (SKIET), a South Korean battery separator company, said Thursday it has signed an initial pact with a Chinese battery maker for cooperation in the European and North American battery markets. SKIET has signed a memorandum of understanding (MOU) with China's Gotion to collaborate in supplying batteries