SEOUL, July 7 (Korea Bizwire) — LG Energy Solution Ltd. said Friday it has signed a long-term agreement with Chile’s SQM S.A. for the supply of lithium, a key component in electric vehicle (EV) batteries, in the latest move to further bolster the sourcing of raw materials. Under the agreement, SQM will supply 100,000 tons [...]
SEOUL, July 7 (Korea Bizwire) — Jin Air Co., the low-cost carrier unit of Korean Air Co., said Friday it will open the Incheon-Nagoya route in September on growing travel demand to Japan. Jin Air plans to provide two flights a day on the Nagoya route from Sept. 15, the company said in a statement. [...]
SEOUL, July 7 (Korea Bizwire) — The joint battery venture between LG Energy Solution Ltd. (LGES) and Stellantis N.V. will receive up to C$15 billion (US$11.2 billion) in incentives for their electric vehicle battery plant under construction in Ontario, Canadian government officials have said. The announcement on Thursday (local time) came a day after LGES [...]
SEOUL, July 7 (Korea Bizwire) — Japanese tourists have chosen Seoul as their preferred destination for overseas summer vacations this year. The Japanese travel agency H.I.S. International analyzed its overseas travel products and air tickets for departures between July 21 and August 31 and identified Seoul as the top choice for Japanese tourists. Of the [...]
SEOUL, July 7 (Korea Bizwire) — A local research team has created the world’s first dog epigenome map, South Korea’s ICT ministry said Thursday. The team at Seoul National University developed epigenome data for 11 major organs in dogs, such as the cerebrum, liver, and stomach, and produced an epigenome functional reference map, according to [...]
SEOUL, July 7 (Korea Bizwire) — GS Engineering & Construction Co.’s decision to reconstruct the apartment complex, where an underground parking lot collapsed, is known to be driven by the determination of its top management, industry sources said Thursday. The company initially issued a written apology after the Ministry of Land, Infrastructure, and Transport briefed [...]
SEOUL, July 7 (Korea Bizwire) — A South Korean auto component maker under Hyundai Motor Group has successfully conducted the nation’s first trial of an anti-drone system (ADS). Hyundai WIA announced on Thursday that it successfully completed the ADS interception test at a military firing range in North Chungcheong Province. The company developed the ADS [...]
SEOUL, July 7 (Korea Bizwire) — The number of South Korean airline pilots being hired is rising as the airline industry returns to normal after contracting during the pandemic. Eastar Jet Co., a South Korean low-cost carrier, is currently training 53 pilots who lost their jobs during the pandemic but were reemployed in March. The [...]
LONDON, July 6 (Korea Bizwire) – Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced that it signed a contract with the Government of Egypt to implement a Smart Government Security Convergence solution. The contract, worth more than $270 million over three years, represents the [...]
VICTOR, N.Y., July 6 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced that Rob Sands will retire from his role as Chair of Constellation’s Board of Directors and will not stand for re-election as Board Chair following the company’s Annual Meeting of Stockholders on July 18, 2023. Sands will [...]