SEOUL, Feb. 7 (Korea Bizwire) — Lotte Chemical Corp., the petrochemical unit of South Korean conglomerate Lotte Group, said Monday it is spending 602 billion won (US$502 million) to boost its advanced materials business, including building a new factory for electric vehicle battery materials. The company said it will spend about 233 billion won to [...]
SEOUL, Nov. 30 (Korea Bizwire) — SK Inc., the holding company of South Korean conglomerate SK Group, said Tuesday it has completed the merger with its advanced materials arm to further expand its foothold in such areas as semiconductor and battery materials. SK announced the plan in August to absorb SK Materials Co. in an [...]
SEOUL, Nov. 10 (Korea Bizwire) — Hanwha Solutions Corp., a chemical and energy unit of South Korean conglomerate Hanwha Group, said Wednesday it is considering selling off a part of its advanced materials business, excluding hydrogen tanks and electronics materials sectors. “We are considering a plan to sell part of the advanced materials businesses, except [...]
SEOUL, March 25 (Korea Bizwire) — Korean researchers have developed a dust-sized identifier, which could be seen as an ‘artificial fingerprint’, which cannot be duplicated but can be fine-tuned based on security strength. A team led by professor Kwon Sung-hoon at Seoul National University and professor Park Wook at Kyung Hee University said on March 24 that [...]