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Hyundai’s Hydrogen JV with Swiss Firm Sets Sail

Hyundai’s Hydrogen JV with Swiss Firm Sets Sail

SEOUL, Sept. 26 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Thursday that its joint venture (JV) with Swiss hydrogen company H2 Energy AG has been officially launched as it looks to expand its presence in Europe’s environment-friendly commercial car market. A ribbon-cutting ceremony for Hyundai Hydrogen Mobility (HMM) was held in [...]

Lotte Chemical, GS Energy to Invest 800 bln Won in Petrochemical JV

Lotte Chemical, GS Energy to Invest 800 bln Won in Petrochemical JV

SEOUL, Jul. 15 (Korea Bizwire) — Lotte Chemical Corp., a major chemical unit under Lotte Group, said Monday it will establish a petrochemical joint venture with GS Energy Co., an energy-specialized holding company of GS Group. Lotte Chemical and GS Energy signed an agreement to form a joint venture, tentatively named Lotte-GS Chemical Company, this [...]

SKT, Comcast Spectacor Agree on Esports Joint Venture

SKT, Comcast Spectacor Agree on Esports Joint Venture

BARCELONA, Feb. 25 (Korea Bizwire) — SK Telecom Co. and Comcast Spectacor on Monday agreed to establish an esports joint venture tasked with global team operation, content development and marketing to cash in on the fast growing entertainment segment. South Korea’s leading mobile carrier and U.S. media and entertainment giant Comcast’s professional sports unit signed [...]

SKT, Grab Launch Joint Venture for SE Asian Market

SKT, Grab Launch Joint Venture for SE Asian Market

SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. said Wednesday it will partner with Grab, Southeast Asia’s largest ride-hailing app, to provide real-time navigation services based on big data. SK Telecom and Grab signed an agreement to establish a joint venture, Grab Geo Holdings, in charge of developing advanced [...]

Seven Entertainment Firms to Launch Korean Version of Vevo

Seven Entertainment Firms to Launch Korean Version of Vevo

SEOUL, Jul. 19 (Korea Bizwire) — South Korea’s seven leading entertainment companies said Thursday they will launch a joint venture to oversee the global distribution and management of their music videos. The seven entertainment firms — SM, YG, JYP, Big Hit, Mystic, FNC and Star Empire — signed an agreement to launch what is tentatively [...]