SEOUL, May 26 (Korea Bizwire) – State-run Korea Electric Power Corp. (KEPCO) said Thursday it has joined forces with General Electric for co-investment in the development of next-generation electric power facilities. The South Korean utility firm and the U.S. aviation and energy conglomerate held an opening ceremony of its joint office in Naju, some 399 [...]
SEOUL, May 26 (Korea Bizwire) – South Korea’s state arms procurement agency on Thursday said it has picked U.S. company General Electric (GE) as the preferred bidder to supply engines for the country’s next-generation fighter jets. The U.S. company has been picked as the supplier for the Korean Fighter Experimental (KF-X) program, according to the [...]
PAJU, Nov. 10 (Korea Bizwire) — The U.S. industrial giant General Electric opened a collaboration office in the South Korean border city of Paju Monday as part of efforts to expand business in preparation of the unification of the two Koreas. GE held an opening ceremony to celebrate the opening of its office at Paju [...]