State spending on strategic industries to surge 43% next year By Woo Jae-yeon SEOUL, Sept. 15 (Yonhap) -- Samsung Electronics Co. said Thursday it will try to achieve carbon neutrality by 2050 as part of its efforts to tackle the worsening climate crisis and increase the use of renewable energy. Samsung, one of the world's

State spending on strategic industries to surge 43% next year SEOUL, Sept. 13 (Yonhap) -- South Korea and the United States will hold working-level talks this week on ways to minimize impacts the U.S.' Inflation Reduction Act (IRA) would have on South Korean electric vehicles over its discriminatory tax incentives rules, the trade chief said

State spending on strategic industries to surge 43% next year SEOUL, Sept. 8 (Yonhap) -- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has agreed with major foreign and domestic maritime registers to cooperate in developing technologies for carbon-neutral vessels at the ongoing global gas fair in Italy. Under a

State spending on strategic industries to surge 43% next year SEOUL, Sept. 7 (Yonhap) -- Hanwha Energy Corp., a South Korean power generation solutions provider, said Wednesday it is building an electricity grid stability plant in Ireland in a move that will give a further boost to its renewable energy and power systems portfolio. The

State spending on strategic industries to surge 43% next year SEOUL, Sept. 5 (Yonhap) -- South Korea's Trade Minister Ahn Duk-geun will depart for the United States on Monday for talks on the U.S. Inflation Reduction Act (IRA) that excludes electric vehicles assembled outside North America from tax incentives. The IRA, signed by U.S. President

State spending on strategic industries to surge 43% next year Head of Posco Holdings’ hydrogen business projects Cho Joo-ik (third from left) and Head of New Energy at Greenko Gautam Reddy Kumbam (fourth from left) pose for a photo after signing an agreement on Thursday. (Posco Holdings) Posco Holdings said Thursday that it has clinched

State spending on strategic industries to surge 43% next year SEOUL, Sept. 1 (Yonhap) -- Top executives of the Samsung and SK groups are expected to visit Britain and Japan this month to promote South Korea's bid to host the 2030 World Expo in the southern city of Busan, sources said Thursday. Samsung Electronics Vice

State spending on strategic industries to surge 43% next year SEOUL, Aug. 31 (Yonhap) -- South Korea will lift its current pre-travel COVID-19 test requirement for inbound travelers later this week, an official said Wednesday, as the government believes the recent virus wave has passed its peak and the spread of omicron could slow down.

State spending on strategic industries to surge 43% next year Samsung SDS headquarters in Seoul South Korean IT solutions provider Samsung SDS said Thursday it has signed a new partnership with cloud giant Amazon Web Services to bolster bilateral ties and strengthen their corporate cloud business. Under the renewed partnership, Samsung SDS is also joining

State spending on strategic industries to surge 43% next year Former US Ambassador to South Korea Mark Lippert Samsung Electronics America said Wednesday it has hired former US Ambassador to South Korea Mark Lippert as its public relations chief, in an apparent move to better respond to uncertainties surrounding policy changes in the US, especially