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Biz & Tech

Manufacturing

Sat, January 23, 2021 | 17:21

'SK Innovation project a game-changer'

'SK Innovation project a game-changer'

Pat Wilson, the commissioner of the Georgia Department of Economic Development, has a positive outlook on the state's partnership with SK Innovation. Wilson wrote a column in the local newspaper the Main Street News with the title “SK Innovation project a game-changer” which emphasized the potential positive economic effects it will bring within his home state of Georgia.

Kim Hyun-bin | 2020-10-13 17:07

Samsung, LG cooperate in fostering local suppliers

Samsung, LG cooperate in fostering local suppliers

Samsung and LG are entering into strategic cooperation to facilitate the growth of small- and medium-sized (SME) suppliers, particularly in the materials, components and equipment sectors. The partnership is aimed at enhancing the competitiveness of their local partners, which in turn will provide a secure technological edge for the Korea-based global firms amid globally grow...

Anna J. Park | 2020-10-13 17:01

Doosan owner family all in on Doosan Heavy

Doosan owner family all in on Doosan Heavy

Doosan's owner family is all in to enhance Doosan Heavy & Construction's financial structure on the back of its cash-cow affiliate Doosan Fuel Cell, by disposing 10 percent of the company stocks through a block deal to help repay Doosan Heavy's debt on Oct. 6.

Kim Hyun-bin | 2020-10-11 16:37

Hyundai Engineering wins $330 mil. railway deal in Philippines

Hyundai Engineering wins $330 mil. railway deal in Philippines

Hyundai Engineering & Construction (E&C) said Friday it has signed a $330 million deal with the Philippine transportation ministry to participate in a local railway project.

2020-10-09 16:53

Trade minister makes final round of WTO chief race

Trade minister makes final round of WTO chief race

Trade Minister Yoo Myung-hee has made it into the final round for the election of a new chief of the World Trade Organization, according to news reports, Thursday.

Nam Hyun-woo | 2020-10-08 18:09

Samsung to show BTS' 'Dynamite' at stores worldwide

Samsung to show BTS' 'Dynamite' at stores worldwide

Samsung Electronics said Thursday the music video of "Dynamite," K-pop sensation BTS' latest single, will be played on its TVs displayed at retail stores worldwide as the South Korean giant strengthens its marketing with the star boy band.

2020-10-08 12:16

POSCO, ExxonMobil partner for LNG tank biz

POSCO, ExxonMobil partner for LNG tank biz

POSCO said Wednesday it has formed a partnership with ExxonMobil, applying its high-manganese steel to LNG storage tanks that will be used for global LNG projects ordered by the oil and gas giant.

Nam Hyun-woo | 2020-10-07 15:12

Ruling party leaders meet employers

Ruling party leaders meet employers

Democratic Party of Korea Chairman Lee Nak-yon, fifth from left, poses with Korea Enterprises Federation (KEF) Chairman Sohn Kyung-shik, fourth from left, during a meeting with executives of the country's top corporations at the KEF headquarters in Mapo-gu, Seoul, Tuesday. From left are Rep. Oh Young-hun, Rep. Yang Hyang-ja, Rep. Kim Jin-pyo, Sohn, Lee, Samsung Electronics Pr...

Nam Hyun-woo | 2020-10-06 16:12

Samsung, SK forced to find firms to replace Huawei

Samsung, SK forced to find firms to replace Huawei

U.S. restrictions on Huawei are likely to affect the fourth-quarter profits of Samsung Electronics and SK Hynix, and so the two semiconductor giants are seeking alternative smartphone manufacturers to recover from lost sales to the Chinese tech behemoth.

Kim Hyun-bin | 2020-10-05 16:12

COVID-19 test kit market heats up

COVID-19 test kit market heats up

Korea' biopharmaceutical industry has drawn a media frenzy here for companies' timely development of COVID-19 test kits. Most market players, which did see much of the spotlight before the outbreak of the coronavirus pandemic, have achieved outstanding growth, intensifying competition in the new industry with huge potential amid fears over the potential outbreak of other glob...

Lee Min-hyung | 2020-10-04 19:40

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