SEOUL, Jul. 25 (Korea Bizwire) — In yet another positive result for the government’s win-win job-creation drive, LG Chem Ltd., South Korea’s largest chemical company by sales, announced a plan Thursday to invest 500 billion won (US$423 million) to build a new cathode material production plant in Gumi, North Gyeongsang Province. The firm signed a [...]
ANDONG, May 22 (Korea Bizwire) — North Gyeongsang Province announced that its project for a smart crosswalk safety system has been selected in a contest hosted by the Ministry of Science and ICT and the National IT Industry Promotion Agency. A consortium comprised of three agencies and businesses will carry out the project based on [...]
SEOUL, Jun. 29 (Korea Bizwire) – On June 27, two stores symbolizing harmony between big and small businesses opened at Seonsan Bonghwang Market in Gumi, with the grand openings of “No Brand Store” and “Youth Way”. The market has served as the principal traditional market in Gumi from the Chosun dynasty, but for the past 24 [...]
SEOUL, Jan. 13 (Korea Bizwire) ― LG Electronics (LG) today announced plans to significantly expand its solar energy solution business with a multimillion dollar investment to expand its solar panel manufacturing capabilities in South Korea. LG entered into a memorandum of understanding with the Korean city of Gumi to invest USD 435 million (KRW 527.2 [...]
GUMI, Nov. 3 (Korea Bizwire) – Ten years ago, the sidewalks near the main thoroughfares in Gumi did not have many trees, making it impossible to avoid the sun in the summer time. However, the area has since undergone a transformation into an urban forest. The municipal government has invested 3.5 billion won since 2007 [...]