SEOUL, May 30 (Yonhap) -- POSCO Holdings, South Korea's leading steelmaker, said Friday it has opened a resource-focused research center in Australia to help secure future growth drivers through local partnerships. The Australia Critical Minerals R&D Lab, the first overseas facility of its kind established by a South Korean steelmaker, aims to enhance technological competitiveness

SEOUL, May 23 (Yonhap) -- HD Hyundai Electric Co. said Friday it has won a contract from SP Energy Networks Ltd., a major power company in Scotland, to supply four 400-kilovolt ultra-high voltage transformers. The transformers will be installed in the south central region of Scotland as part of an electric substation expansion project, with

SEOUL, May 16 (Yonhap) -- The chief executive officers (CEOs) of HD Hyundai and Hanwha Ocean Co., South Korea's major shipbuilders, met with U.S. Trade Representative (USTR) Jamieson Greer to explore cooperation in the shipbuilding sector, the companies said Friday. HD Hyundai CEO Chung Ki-sun and Hanwha Ocean CEO Kim Hee-cheul had separate meetings with

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