SEOUL, July 19 (Korea Bizwire) — Hyundai Motor Group said Tuesday it has signed an initial pact with Rolls-Royce to jointly develop an advanced air mobility (AAM) at Britain’s international air show. The partnership is aimed at bringing all-electric propulsion and hydrogen fuel cell technology to the AAM market, Hyundai said in a statement. Hyundai [...]
SEOUL, July 14 (Korea Bizwire) — SK On Co.’s electric vehicle (EV) battery joint venture with Ford Motor Co. in the United States has formally set sail, the South Korean battery maker said Thursday, paving the way for SK’s new battery unit to accelerate its overseas push amid burgeoning EV demand. The official launch of [...]
SEOUL, July 12 (Korea Bizwire) — Samsung Electronics Co. said Monday it will launch the Ramen Duction campaign using its BESPOKE induction cooktop in collaboration with instant noodle maker Nongshim Co. As part of the campaign, the two companies will launch a variety of souvenir events and showcase a jointly developed SCanCook simple cook function. [...]
SEOUL, July 11 (Korea Bizwire) — Tving, the South Korean online streaming service provider run by entertainment giant CJ ENM, saw its mobile users rebound last month on the back of the launch of a new service with U.S. streamer Paramount+, industry data showed Monday. The number of its monthly mobile users reached 4.02 million [...]
SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday that it will launch a program with its chipmaking affiliate SK hynix Inc. to share their practical knowledge and know-how in the areas of semiconductors and artificial intelligence (AI) with local universities. The two companies will establish an online [...]
SEOUL, June 30 (Korea Bizwire) — POSCO Chemical Co., a major South Korean chemical company, said Thursday it has agreed to cooperate with a British battery startup on the development and supply of electric vehicle battery components in a bid to tap deeper into the European EV market. POSCO Chemical and Britishvolt Ltd., a West [...]
SEOUL, June 20 (Korea Bizwire) — Hyundai Motor Group said Monday it has extended a partnership with French tiremaker Michelin to develop high-end tires dedicated for upcoming electric vehicles. The South Korean automaker will collaborate with Michelin to develop tires for all-electric and environment-friendly vehicles for the next three years, the company said in a [...]
SEOUL, May 31 (Korea Bizwire) — LG Chem Ltd., a leading South Korean chemical manufacturer, said Tuesday it will set up a joint venture with a Chinese miner in a bid to strengthen its supply of raw materials for electric vehicle batteries. LG Chem said it will turn its subsidiary, located in the southern South [...]
SEOUL, May 2 (Korea Bizwire) — South Korean builder SK ecoplant Co. announced that it had joined hands with state-utility firm Korea East-West Power Co. to explore overseas green hydrogen bases using solar power generation. The two parties recently signed signed a memorandum of understandin to develop solar power projects overseas and use the electricity [...]
SEOUL, April 4 (Korea Bizwire) — South Korean state-run gas company Korea Gas Corp. (KOGAS) said Monday it has signed a business partnership agreement with U.S. energy infrastructure firm Sempra Infrastructure. KOGAS said the memorandum of understanding, signed in Houston on Friday, calls for cooperation in such business areas as liquefied natural gas (LNG), hydrogen [...]