SEOUL, Jan. 7 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Friday it has signed an initial agreement with a Singaporean company for partnership in the metaverse platform business. Hyundai Motor has signed a memorandum of understanding (MOU) with Singapore-based three-dimensional contents developing and operating platform firm Unity to establish a future metaverse platform [...]
SEOUL, Dec. 2 (Korea Bizwire) — South Korean chemical maker POSCO Chemical Co. said Thursday it has agreed with U.S. auto giant General Motors Co. to set up a joint venture for a key component for electric vehicle (EV) batteries and build a plant in North America. The cathode materials JV will begin production of [...]
SEOUL, Oct. 13 (Korea Bizwire) — SK Inc., the holding company of South Korean conglomerate SK Group, said Wednesday it has signed an initial deal with a U.S. hydrogen maker to set up a joint venture as part of efforts to bolster its clean energy business. The memorandum of understanding (MOU), signed with Monolith Materials [...]
SEOUL, Oct. 11 (Korea Bizwire) — Samsung Electronics Co. said Monday it has partnered with some high-profile filmmakers to produce movies with its Galaxy smartphones as the South Korean tech giant aims to better promote its mobile devices. Samsung started a campaign called “Filmed #withGalaxy” with an aim to encourage people to expand their creativity [...]
SEOUL, Oct. 7 (Korea Bizwire) — LG Electronics Inc. said Thursday it will expand its partnership with Italian luxury furniture maker Molteni&C S.P.A. to better promote its high-end brand LG Signature. The two sides last year signed a deal to collaborate on marketing, promotion and product development related with LG Signature home appliances, Molteni&C residential [...]
SEOUL, Oct. 6 (Korea Bizwire) — SK E&S Co., the energy unit of South Korean conglomerate SK Group, said Wednesday it will team up with U.S. fuel cell maker Plug Power Inc. to make a foray into the Asian hydrogen market. The two companies struck a deal to establish a 51:49 joint venture company, nine [...]
SEOUL, Oct. 6 (Korea Bizwire) — Hanwha Techwin Co., a leading surveillance tech firm in South Korea, said Wednesday it will join forces with Azena, an Internet of Things company, and the country’s telecommunications giant KT Corp. for artificial intelligence (AI)-powered video solutions. Under the partnership, Hanwha Techwin said its CCTV users will be able [...]
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 [...]
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 [...]
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 [...]