SEOUL, May 29 (Korea Bizwire) — South Korea’s battery industry is aggressively recruiting talented employees to address the supply-demand gap. LG Energy Solution Ltd. maintains a year-round talent pool for both new graduates and experienced professionals through its dedicated recruitment website. The battery manufacturer is also actively seeking recruits on a global scale. Last month, [...]
SEOUL, April 7 (Korea Bizwire) — South Korea will extend 7 trillion won (US$5.31 billion) in financial support to domestic battery makers over the next five years to help them respond to the United States’ Inflation Reduction Act (IRA) and to boost their competitiveness in the sector, the industry ministry said Friday. The government will [...]
SEOUL, March 10 (Korea Bizwire) — South Korea’s battery makers are on alert as the price of nickel and other materials is surging. The Korea Mineral Resource Information Service reported that the global price of nickel had jumped to US$42,995 per ton on Monday, an annual increase of 132.5 percent, noting that 10 percent of [...]
SEOUL, Aug. 2 (Korea Bizwire) — Korean battery firms are boosting investment in key materials to secure a stable electric vehicle (EV) battery supply chain and lower manufacturing costs in the face of intensifying global competition. Three Korean battery makers — LG Energy Solution Ltd., Samsung SDI Co. and SK Innovation Co. — have announced [...]