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Samsung Signs Partnership with Louvre for Art Subscription Service on TV

Samsung Signs Partnership with Louvre for Art Subscription Service on TV

SEOUL, Sept. 16 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has signed a partnership with the Louvre, the renowned art museum in Paris, to expand its art subscription service on TV amid the pandemic-driven stay-at-home trend. Under the deal, those who own Samsung’s Frame TV can now see some 40 famous art pieces [...]

Hyundai Electric Joins Forces with Hyundai Motor for Hydrogen Fuel Cell Biz

Hyundai Electric Joins Forces with Hyundai Motor for Hydrogen Fuel Cell Biz

SEOUL, July 29 (Korea Bizwire) — Hyundai Electric & Energy Systems Co. (HE) said Thursday that it has signed a preliminary deal with Hyundai Motor Co. to develop hydrogen fuel cell packages for electricity generation. The hydrogen fuel cell packages will be developed based on Hyundai Motor’s fuel cell for electric vehicles, HE said in [...]

Hyundai Motor, LG Energy to Team Up for Battery Factory in Indonesia

Hyundai Motor, LG Energy to Team Up for Battery Factory in Indonesia

SEOUL, July 29 (Korea Bizwire) — South Korean automaker Hyundai Motor Group and battery maker LG Energy Solution Ltd. said Thursday they will form a US$1.1 billion joint venture to build an electric vehicle battery plant in Indonesia. Hyundai Motor Group and LG Energy signed a memorandum of understanding with the Indonesian government to build [...]

LG Uplus Teams Up with Japan’s KDDI to Develop 5G, 6G Tech

LG Uplus Teams Up with Japan’s KDDI to Develop 5G, 6G Tech

SEOUL, July 15 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Thursday it has signed a memorandum of understanding with Japan’s largest mobile carrier KDDI to find new business applications for 5G network technology and strengthen cooperation to prepare for future 6G networks. Under the agreement, the two aim to [...]

Samsung Joins Hands with KEPCO to Develop Home Energy Solutions

Samsung Joins Hands with KEPCO to Develop Home Energy Solutions

SEOUL, June 28 (Korea Bizwire) — Samsung Electronics Co. on Monday said it has signed a partnership with the Korea Electric Power Corp. (KEPCO) to develop home energy solutions that can help users reduce electricity costs. Under the deal with the state-run utility firm, Samsung will use KEPCO’s electricity data to upgrade its SmartThings Energy [...]

SK Innovation, Ford to Form 6 tln Won EV Battery Joint Venture in U.S.

SK Innovation, Ford to Form 6 tln Won EV Battery Joint Venture in U.S.

SEOUL, May 20 (Korea Bizwire) — South Korean battery maker SK Innovation Co. and American automaker Ford Motor Co. will establish a 6 trillion won (US$5.3 billion) joint venture in the United States to produce batteries for electric vehicles, the two companies said Thursday. The two companies signed a memorandum of understanding on the joint [...]

SK Telecom Forms Partnerships for Flying Car Development

SK Telecom Forms Partnerships for Flying Car Development

SEOUL, Jan. 28 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Thursday it has joined hands with local defense company Hanwha Systems Co., Korea Airports Corp. and the Korea Transport Institute to speed up development of urban air mobility (UAM) services. Last year, South Korea unveiled its plan to commercialize UAM [...]