Excavator Archives | Be Korea-savvy
Korean Excavator Makers Likely to Enjoy Another Boom in China This Year

Korean Excavator Makers Likely to Enjoy Another Boom in China This Year

SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s two excavator makers are expected to see a steady rise in their shipments to China this year thanks to a boom in the neighbor’s construction market, according to industry watchers Sunday. “The Chinese government’s policy to boost the economy is forecast to expand the volume of the [...]

Doosan Infracore Produces 200,000th Excavator in China

Doosan Infracore Produces 200,000th Excavator in China

SEOUL, Nov. 3 (Korea Bizwire) — Doosan Infracore Co. said Tuesday its Chinese unit has produced its 200,000th excavator in the country. The accumulated output came 26 years after South Korea’s leading construction equipment maker entered the Chinese market in October 1994, the company said in an emailed statement. The Chinese excavator market is expected [...]

Pandemic Recovery in China a Boon for Korean Construction Equipment Makers

Pandemic Recovery in China a Boon for Korean Construction Equipment Makers

SEOUL, May 20 (Korea Bizwire) — South Korean construction equipment makers, led by Doosan Infracore Co., are set to bask in increased sales in China as the world’s No. 2 economy is ramping up efforts to rebound from the coronavirus outbreak, industry data showed Wednesday. Doosan Infracore, South Korea’s No. 1 construction equipment maker, sold [...]

Hyundai Developing Hydrogen-powered Construction Equipment

Hyundai Developing Hydrogen-powered Construction Equipment

SEOUL, Feb. 19 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, and Hyundai Construction Equipment Co. (HCE), the country’s No. 2 construction equipment maker, will join hands to develop construction vehicles such as excavators and forklifts powered by hydrogen. The two and Hyundai Mobis Co., the country’s biggest auto parts maker [...]

S. Korean Firms Bask in China’s Excavator Market Boom

S. Korean Firms Bask in China’s Excavator Market Boom

SEOUL, Jan. 15 (Korea Bizwire) — South Korean companies, led by Doosan Infracore Co., logged robust sales in China’s excavator market last year as the world’s No. 2 economy increased spending on infrastructure, industry sources said Tuesday. According to the data provided by Eugine Investment & Securities, Doosan Infracore, South Korea’s No. 1 construction equipment [...]

Doosan Infracore Posts a 15 pct Jump in China Excavator Sales

Doosan Infracore Posts a 15 pct Jump in China Excavator Sales

SEOUL, Mar. 14 (Korea Bizwire) — Doosan Infracore Co., the heavy equipment unit of Doosan Group, said Wednesday the sales of its excavators jumped 15 percent in the January-February period from a year earlier on growing construction projects. In the first two months, the heavy equipment company sold a total of 1,728 excavators, up from [...]

Doosan Infracore Posts Brisk Sales in Chinese Market

Doosan Infracore Posts Brisk Sales in Chinese Market

SEOUL, Oct. 16 (Korea Bizwire) — Doosan Infracore Co., South Korea’s top construction equipment maker, continued to expand its presence in China’s excavator market, as the world’s No. 2 economy increased spending on infrastructure, industry sources said Monday. According to observers, Doosan Infracore sold a total of 718 excavators in China last month, more than [...]

Doosan Infracore Faring Well in China’s Excavator Market

Doosan Infracore Faring Well in China’s Excavator Market

SEOUL, Jul. 11 (Korea Bizwire) — Doosan Infracore Co., South Korea’s top construction equipment maker, is witnessing robust sales in China’s excavator market as the world’s No. 2 economy increased spending on infrastructure, industry sources said Tuesday. According to the data provided by KB Securities, a total of 62,617 excavators were sold in China in [...]

Man Rams Excavator into Prosecutors’ Office over Presidential Scandal

Man Rams Excavator into Prosecutors’ Office over Presidential Scandal

SEOUL, Nov. 1 (Korea Bizwire) – A 45-year-old man referred to as Jung (full name undisclosed) drove his excavator into the Supreme Prosecutors’ Office building in Seoul Tuesday, injuring a security guard and damaging the building’s entrance. The driver left Sunchang County, North Jeolla Province, early Tuesday morning in a truck carrying the excavator. He [...]