State spending on strategic industries to surge 43% next year SEOUL, Oct. 14 (Yonhap) -- POSCO Group, South Korea's top steelmaking group, on Friday broke ground for a plant that refines high-purity nickel to be used for electric vehicle batteries in a move to further solidify its secondary battery material business. The facility with an

State spending on strategic industries to surge 43% next year SEOUL, Oct. 13 (Yonhap) -- Top trade officials of South Korea and Australia discussed ways Thursday to enhance bilateral trade and investment, particularly in supply chains of key minerals, Seoul's industry ministry said. During the meeting in Seoul, Trade Minister Ahn Duk-geun told his Australian

State spending on strategic industries to surge 43% next year LS Group Chairman Koo Ja-eun (center) and LS Electric Chairman Koo Ja-kyun (fifth from left) pose for a photo with Gulf Cooperation Council members. (From right) The list includes, from right, Ambassador of Kuwait to Korea Deyab Farhan Al Rashidi, Ambassador of the Sultanate of

State spending on strategic industries to surge 43% next year SEOUL, Oct. 6 (Yonhap) -- The privatization of HMM Co. will depend on the stock market and situations in the shipping sector, the country's oceans minister said Thursday. South Korea's top shipper, formerly known as Hyundai Merchant Marine, has been under a creditor-led debt restructuring

State spending on strategic industries to surge 43% next year An employee works inside a semiconductor chip plant of SK hynix in this undated photo. (SK hynix) South Korean memory chip manufacturer SK hynix on Wednesday pledged to achieve a 100 percent procurement of domestically produced neon gas, a critical material for chip production, by

State spending on strategic industries to surge 43% next year   SEOUL, Oct. 1 (Yonhap) -- The finance chiefs from South Korea and the United States have reaffirmed that the two countries will cooperate to beef up liquidity facilities should financial market routs around the globe deepen, according to Seoul's finance ministry on Saturday. Seoul's

State spending on strategic industries to surge 43% next year European Chamber of Commerce in Korea (ECCK) Chairperson Dirk Lukat (5th from L), Maria Castillo-Fernandez (4th from L), ambassador of the European Union to the Republic of Korea, and other ECCK representatives hold up the 2022 white paper in their hands as they pose for

State spending on strategic industries to surge 43% next year By Kim Seung-yeon SEOUL, Sept. 26 (Yonhap) -- Hanwha Group's push to take over Daewoo Shipbuilding & Marine Engineering Co. (DSME) heralds a major boost for its key defense and green energy sectors amid widening efforts to streamline the business structure while expediting the leadership

State spending on strategic industries to surge 43% next year SEOUL, Sept. 21 (Yonhap) -- South Korea seeks to boost cooperation with European nations on nuclear power generation facilities in a move to ensure energy security and better respond to climate change, the industry ministry here said Wednesday. How to deepen energy ties was one

State spending on strategic industries to surge 43% next year SEOUL, Sept. 20 (Yonhap) -- South Korean Industry Minister Lee Chang-yang departed for Washington on Tuesday for talks with U.S. officials on ways to minimize impacts on South Korea by new U.S. bills on tax incentives for electric vehicles and investment in semiconductors, his office