SEOUL, May 31 (Korea Bizwire) – SK Innovation Co., South Korea’s top oil refiner, said Wednesday that it plans to spend 10 trillion won (US$8.91 billion) in the battery and other non-refining sectors by 2020 to reshape its business portfolio and nurture new revenue sources. In a regulatory filing, SK Innovation said the investment will [...]
SEOUL, May 30 (Korea Bizwire) – SK Innovation Co., South Korea’s top oil refiner, plans to put more focus on its battery and petrochemical businesses in order to stay ahead of its rivals and secure stable income, its chief said Tuesday. “We will heavily invest in the battery and petrochemicals sectors, thus helping SK Innovation [...]
SEOUL, May 15 (Korea Bizwire) — While Samsung Electronics Co. plans to sell refurbished models of the ill-fated Galaxy Note 7 smartphone in the near future, controversies surrounding the troubled model still linger, especially in terms of safety requirements, according to market watchers Saturday. The South Korean tech giant said in March that it plans [...]
SEOUL, Apr. 10 (Korea Bizwire) — South Korea’s SK Innovation said Sunday it aims to develop a powerful electric car battery that would enable vehicles to travel 500 kilometers on a single charge by 2020. The energy and chemical business arm of SK Group said it will cope with current business trouble in China through [...]
SEOUL, Mar. 30 (Korea Bizwire) — South Korea’s Samsung SDI Co. will supply its electric-vehicle batteries to Volkswagen’s new 2017 e-Golf, an industry source said Wednesday. “The new e-Golf equipped with a Samsung battery will go on sale in global markets this spring,” the source told Yonhap News Agency. Samsung SDI and LG Chem Ltd. [...]
SEOUL, Mar. 30 (Korea Bizwire) — South Korea’s SK Innovation Co. halted operation of its battery packing plant in China in January as its business suffered in the face of Beijing’s move to stop a subsidy to electric vehicle makers that use parts from non-Chinese manufacturers, sources said Wednesday. Orders for the joint venture between [...]
SEOUL, Mar. 27 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. unveiled its test lab to the public for the first time to reassure customers of the safety of its flagship smartphone G6 and its battery, industry watchers said Sunday. The company last week took the press on a tour of its smartphone [...]
SEOUL, March 24 (Korea Bizwire) – Samsung Electronics Co. said Friday it will completely disable the charging of the faulty Galaxy Note 7 phablets that have not yet been returned, starting later this month through software updates. Samsung launched the Galaxy Note 7 last year, but the sales were soon suspended on reports of some [...]
SEOUL, March 13 (Korea Bizwire) – South Korean researchers have developed an implantable electronic medical device (IEMD) that is capable of providing energy storage using natural ions as electrolytes in a supercapacitator – simply put, an IEMD with a battery that self-charges on body fluids. Led by professors Roh Kwang-chul of the Korea Institute of [...]
SEJONG, Feb. 6 (Korea Bizwire) – Announcing the results of an investigation into the Galaxy Note 7 fiasco Monday – which backed Samsung’s ruling that the problem phones had faulty batteries – the government also introduced plans to improve safety measures to prevent similar catastrophes from recurring. To begin with, lithium-ion batteries will be subject [...]