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The Korea Herald

Industrials

April 24, 2024
[From the Scene] KG Mobility poised to take next leap

By Kan Hyeong-woo ( hwkan@heraldcorp.com ) The Korea Herald
April 24, 2024
Hanwha Life taps into global banking through Indonesian investment

Hanwha Life, a leading Korean insurance company and the life insurance subsidiary of Hanwha Group, has made a strategic move into the Indonesian banking sector through a stake purchase. The company announced on Wednesday that its board had approved acquiring a 40 percent stake in Nobu Bank from In...
April 24, 2024
HD Hyundai teams up with Norway's Philly Shipyard for US footing

HD Hyundai Heavy Industries and Norway's Philly Shipyard signed a memorandum of understanding to collaborate on manufacturing, maintaining, repairing, and overhauling vessels and ships ordered by the US government, the South Korean shipbuilder said Wednesday. The signing ceremony was held at Phill...
April 24, 2024
KGC eyes broader customer base with Lim Young-woong

Korea Ginseng Corp., the leading manufacturer of ginseng products in the country, has launched a new promotional video featuring trot singer Lim Young-woong. Released on Wednesday, the video showcases a day in the life of Lim, from morning routines to exercise and singing practice. The video highl...
April 24, 2024
SK innovation's unit sells Peru oil block stake to US firm

SK earthon, a South Korean oil exploration and production company, said Wednesday it has sold its entire stake in an oil block in Peru to a US company. SK earthon has wrapped up a deal to deliver its 20 percent stake in Peru LNG Co. to MidOcean Energy, the liquefied natural gas unit of US-based en...
April 24, 2024
Hyundai Mobis begins construction of EV battery plant in Spain

Hyundai Mobis, South Korea's leading auto parts maker, said Wednesday it has started construction of an electric vehicle (EV) battery plant in Spain. The company said it held a groundbreaking ceremony for the envisioned 150,000-square-meter factory in Navarre, Spain, on Tuesday. Hyundai Mobis aims...
April 23, 2024
SK CEOs vow to bolster corporate value-up drive

The chief executive officers of SK Group affiliates have agreed to ramp up efforts to bolster the conglomerate’s corporate value by swiftly carrying out rebalancing work to inspect and optimize businesses amid prolonged global management uncertainty. SK Group said Tuesday the latest decision came...
April 23, 2024
Posco completes new silicon anode material plant

Posco Group announced Tuesday the completion of a manufacturing plant specifically designed to produce silicon battery materials, laying the groundwork for next-generation secondary battery materials venture. Its battery materials unit Posco Silicon Solution completed a silicon anode material plan...
April 22, 2024
Posco confirms 7 missions to speed up innovation

Posco Group Chairman Chang In-hwa on Monday announced seven major tasks that the steel giant will tackle in the years to come, from consolidating its leadership in steelmaking and battery materials to improving the governance structure. The new missions come after Chang was appointed as the group’...
April 22, 2024
Posco charity foundation tackles disability challenges

The Posco 1% Foundation, founded in 2013, is funded by the donations of employees at South Korean steel giant Posco Group. Among the foundation's diverse charity projects is one aimed at supporting people with disabilities, particularly in career-seeking activities. According to a 2023 survey by ...
$HD Hyundai Infracore zeroes in on European market$

April 22, 2024
HD Hyundai Infracore zeroes in on European market

HD Hyundai Infracore, a construction equipment maker under Korean shipbuilding conglomerate HD Hyundai, will unveil its new fuel-cell electric wheel loader named the DL250-FCEV for the first time at the Intermat in France later this week, the company said Monday. The Intermat, one of the three big...
April 22, 2024
KGC eyes Indonesian market, riding high on volleyball fame

Korea Ginseng Corp., the country’s leading manufacturer of ginseng products, said Monday it plans to prioritize its marketing efforts in the Indonesian market, particularly leveraging the growing popularity of the Indonesian volleyball player under its sponsorship. Currently, the KGC sponsors the...
April 22, 2024
SK On wins Edison Award for cobalt-free battery

SK On, one of Korea’s leading electric vehicle battery manufacturers, has been awarded a Bronze at the 2024 Edison Awards for its innovative cobalt-free battery. The award, presented last Thursday, represents SK On's ongoing efforts to combine advanced technology with sustainable practices in the...
April 22, 2024
LX Pantos unveils expansive railway terminal in Hungary

South Korean logistics company LX Pantos has opened a vast railway terminal in Tata, Hungary, with aims to bolster its competitive edge in European logistics. Situated approximately 65 kilometers southwest of Budapest, the LX Pantos Tata Terminal strategically positions itself near Europe’s large...
April 22, 2024
[KH Explains] Will 6-day workweek for executives help Samsung avert crisis?

Doubts have been raised over Samsung Group’s latest decision to make the executives of its key tech affiliates -- Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display -- work an extra day per week as part of the group's emergency measures to tackle ongoing business uncertainties. Cri...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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