SEOUL, Feb. 5 (Korea Bizwire) - The South Korean government is advancing plans to export integrated power plant and grid systems through public-private partnerships, despite growing market uncertainties surrounding the new Trump administration in the United States. The Ministry of Trade, Industry and Energy announced these plans on February 4 during the kickoff meeting of the [...]
SEOUL, Jan. 10 (Korea Bizwire) — LG Energy Solution Ltd. could overtake its Chinese rival and the world’s No. 1 player CATL in share of the global electric vehicle (EV) battery market, given the apparent higher order backlog and other factors, its chief said Monday. Kwon Young-soo, CEO of the South Korean battery maker, made [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s major pharmaceuticals manufacturers have set their sights on overseas markets this year as a string of their biosimilars are waiting to be approved or launched, industry sources said Friday. Celltrion Inc. said sales of its drug Remsima SC for the treatment of autoimmune diseases are set to [...]
SEOUL, Oct. 15 (Korea Bizwire) — Samsung C&T Corp., a construction and fashion unit of Samsung Group, said Tuesday that it aims to accelerate the global expansion of its fashion brand BEANPOLE through renewal efforts. Celebrating its 30th anniversary, BEANPOLE announced its renewal move to rebrand as a “heritage” brand that embraces South Korea’s unique [...]