Industries Archives | Be Korea-savvy

Archive by category Industries

S. Korea Develops New Wool Fabric Using Battery Separators

S. Korea Develops New Wool Fabric Using Battery Separators

SEOUL, Dec. 1 (Korea Bizwire) — SK Innovation Co., a South Korean manufacturer of electric vehicle (EV) batteries, announced Monday that Right Route, an eco-friendly social enterprise sponsored by the company, has developed a high-end fabric by upcycling old EV battery separators. Lithium-ion battery separators are a core component of EV batteries, smartphones and other [...]

No Panic Buying for Korean Consumers Despite Stricter Social Distancing Measures

No Panic Buying for Korean Consumers Despite Stricter Social Distancing Measures

SEOUL, Dec. 1 (Korea Bizwire) — Despite stronger social distancing measures being rolled out in South Korea resulting from the spread of the COVID-19 pandemic, local consumers are showing signs of no panic buying with sales at online shopping malls growing at a marginal rate. Shinsegae Co.’s integrated online shopping mall SSG.COM said that its [...]

Virus Outbreaks Hit Key Plants in S. Korea, Production Loss Feared

Virus Outbreaks Hit Key Plants in S. Korea, Production Loss Feared

SEOUL, Nov. 30 (Korea Bizwire) — A series of new coronavirus outbreaks have been reported at major industrial plants amid growing concerns about production losses, companies said Monday. COVID-19 infections have affected production and sales at local manufacturers this year. Kia Motors Corp., the country’s second-biggest carmaker, suspended two of its three plants in Gwangju, [...]

Incheon Airport Reports Higher than Expected Parking Revenue

Incheon Airport Reports Higher than Expected Parking Revenue

SEOUL, Nov. 30 (Korea Bizwire) — Incheon International Airport, the country’s main gateway, reported higher than expected parking revenue this year despite the prolonged outbreak of the COVID-19 pandemic and the sharp decline in the number of users, its operator said Sunday. The number of cars that used the airport’s parking lots in the first [...]

Korean Air’s Asiana Takeover Requires Regulatory Approval from 4 Countries

Korean Air’s Asiana Takeover Requires Regulatory Approval from 4 Countries

SEOUL, Nov. 29 (Korea Bizwire) — South Korea’s biggest carrier Korean Air Lines Co.’s planned acquisition of the debt-laden Asiana Airlines Inc. requires approval from antitrust authorities in at least four other countries, industry sources said Sunday. According to the aviation industry sources and the Fair Trade Commission (FTC), the planned merger requires review from [...]