State spending on strategic industries to surge 43% next year SEOUL, Feb. 17 (Yonhap) -- LG Energy Solution Ltd. (LGES) said Thursday it has acquired a U.S.-based energy storage system (ESS) solutions provider as part of efforts to expand its portfolio into all-round energy management services LGES took over a 100 percent stake in NEC

State spending on strategic industries to surge 43% next year SEOUL, Jan. 11 (Yonhap) -- LG Chem Ltd., South Korea's leading chemical materials producer, said Tuesday it will build a new factory in South Korea to produce high-nickel cathode materials for electric vehicle (EV) batteries as it further pushes to upgrade the key battery component

State spending on strategic industries to surge 43% next year By Kim Eun-jung SEOUL, Jan. 11 (Yonhap) -- A South Korean passenger jet that has been grounded in Kazakhstan amid an anti-government protest is expected to return home later this week once the Central Asian nation's largest airport resumes operations, the foreign ministry said Tuesday.

State spending on strategic industries to surge 43% next year SEOUL, Jan. 7 (Yonhap) -- Lotte Chemical Corp., the petrochemical unit of South Korean conglomerate Lotte Group, said Friday it is spending US$3.9 billion over the next three years to build a petrochemical complex in Indonesia. Lotte Chemical signed a preliminary deal with Indonesia's Ministry

State spending on strategic industries to surge 43% next year SEOUL, Jan. 7 (Yonhap) -- Trade volume between South Korea and Britain grew 33 percent for about one year after the implementation of a bilateral free trade deal, the industry ministry said Friday. Seoul and London clinched the bilateral free trade agreement (FTA) in August

State spending on strategic industries to surge 43% next year SEOUL, Dec. 31 (Yonhap) -- Hyundai Electric & Energy Systems Co., an affiliate of Hyundai Heavy Industries Group, said Friday it has exported ultrahigh-voltage power transformers to Oman's state utility provider in a deal valued at US$8.5 million. The supply deal with the Oman Electricity

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,