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Hyundai’s Hydrogen JV with Swiss Firm Sets Sail

Hyundai’s Hydrogen JV with Swiss Firm Sets Sail

SEOUL, Sept. 26 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Thursday that its joint venture (JV) with Swiss hydrogen company H2 Energy AG has been officially launched as it looks to expand its presence in Europe’s environment-friendly commercial car market. A ribbon-cutting ceremony for Hyundai Hydrogen Mobility (HMM) was held in [...]

Samsung Expands Global Partnership for 8K Content

Samsung Expands Global Partnership for 8K Content

BERLIN, Sept. 5 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will expand partnerships with major European streaming services to create more content optimized for 8K televisions. On the eve of opening of major tech show IFA, Samsung said it will collaborate with three European over-the-top (OTT) service providers — CHILI, The Explorers and [...]

SK Telecom, Microsoft Join Hands for Cloud-based Gaming Platform

SK Telecom, Microsoft Join Hands for Cloud-based Gaming Platform

SEOUL, Sept. 4 (Korea Bizwire) — South Korea’s top mobile carrier, SK Telecom Co., said Wednesday it has agreed with U.S. IT giant Microsoft Corp. to launch a test-run of a new cloud-based gaming platform utilizing the fifth-generation (5G) network here. The project will pave the way for gamers to play high-quality titles without having [...]

LG Chem Joins Hands with U.S. Firm to Develop OLED Material

LG Chem Joins Hands with U.S. Firm to Develop OLED Material

SEOUL, Sept. 4 (Korea Bizwire) — LG Chem Ltd., South Korea’s largest chemical company, said Wednesday it will cooperate with Universal Display Corp. (UDC), a U.S.-based display materials maker, to develop an advanced organic light-emitting diode (OLED) component. LG Chem said it signed a strategic partnership with UDC to co-develop an upgraded emissive layer, a [...]

Samsung SDI, Volvo Join Hands to Develop Battery Packs for Electric Trucks

Samsung SDI, Volvo Join Hands to Develop Battery Packs for Electric Trucks

SEOUL, Jul. 18 (Korea Bizwire) — Samsung SDI Co, a major electric vehicle battery maker, will join hands with Volvo Group to develop battery packs for electric trucks, the company said Thursday. In a strategic alliance with Sweden-based Volvo Group, one of the world’s largest manufacturers of commercial vehicles, Samsung SDI will provide battery cells [...]

Palm Vein Authentication to Speed Up Airport Services

Palm Vein Authentication to Speed Up Airport Services

SEOUL, Jun. 28 (Korea Bizwire) — Starting next year, passengers will be able to check in at the airport using only palm vein information registered at their bank. The Korea Financial Telecommunications and Clearings Institute (KFTC) signed a memorandum of understanding (MOU) with the Korea Airports Corporation on Thursday to share and jointly use the [...]