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Biz & Tech

Manufacturing

Thu, October 1, 2020 | 07:59

Hanwha heir promoted to CEO, spurs managerial succession

Hanwha heir promoted to CEO, spurs managerial succession

Hanwha Group heir Kim Dong-kwan will head the group's energy, chemicals and materials unit, Hanwha Solutions, as the group expedites efforts to pass its leadership on to the 37-year-old.

Nam Hyun-woo | 2020-09-28 21:25

$Disposal of Infracore to normalize Doosan management$

Disposal of Infracore to normalize Doosan management

Doosan Group's restructuring measures are on track, raising hopes for the conglomerate to normalize management earlier than expected.

Kim Hyun-bin | 2020-09-28 17:39

USITC opinion stirs controversy

USITC opinion stirs controversy

An advisory panel under the U.S. International Trade Commission (USITC) has sided with LG Chem against its local rival SK Innovation over the two battery makers' ongoing legal dispute, according to LG Chem, Sunday.

Baek Byung-yeul | 2020-09-27 17:53

HHI in talks with EU over Daewoo acquisition

HHI in talks with EU over Daewoo acquisition

Hyundai Heavy Industries Holdings Co. has been in talks with the European Union's (EU) antitrust watchdog over its acquisition of Daewoo Shipbuilding Marine Engineering Co. amid the suspended probe into the deal, a company official said Friday.

2020-09-25 20:11

Celltrion plans to merge with affiliates

Celltrion plans to merge with affiliates

Major South Korean biotech company Celltrion Inc. on Friday announced its plan to merge with its two affiliates.

2020-09-25 20:09

Hyundai in talks with EU over Daewoo acquisition

Hyundai in talks with EU over Daewoo acquisition

Hyundai Heavy Industries has been in talks with the European Union's (EU) antitrust watchdog over its acquisition of Daewoo Shipbuilding Marine Engineering amid the suspended probe into the deal, a company official said Friday.

2020-09-25 17:12

Chinese company says coronavirus vaccine ready by early next year

Chinese company says coronavirus vaccine ready by early next year

A Chinese pharmaceutical company said Thursday the coronavirus vaccine it is developing should be ready by early 2021 for distribution worldwide, including the United States. Yin Weidong, the CEO of SinoVac, vowed to apply to the U.S. Food and Drug Administration to sell CoronaVac in the United States if it passes its third and final round of testing in humans. Yin said he pe...

2020-09-25 14:52

Korea to spend 94 billion won this year to develop homegrown COVID-19 vaccine

LS C&S commercializes carbon fiber cable

LS C&S commercializes carbon fiber cable

LS Cable & System said Thursday that it has commercialized a telecommunication cable made of carbon fiber, which is lighter and more durable than copper or aluminum.

Baek Byung-yeul | 2020-09-24 16:04

POSCO to get 1st dividends from Aussie iron ore mining field

POSCO to get 1st dividends from Aussie iron ore mining field

POSCO will receive 50 billion won ($42.7 million) in dividends from Roy Hill Holdings, which operates an iron ore mine in Australia that the steel maker has invested in, the company said Thursday.

Baek Byung-yeul | 2020-09-24 16:04

EDGC releases self-checkup kit for COVID-19 in US

EDGC releases self-checkup kit for COVID-19 in US

Leading genetic sequencing and home medical service firm EDGC said Sept. 21 that it has released a new self-check kit for COVID-19 in the United States.

Ko Dong-hwan | 2020-09-24 13:54

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