SEOUL, July 20 (Korea Bizwire) — South Korea’s dependence on Japanese materials and parts fell to an all-time low in the first half of this year, three years after Tokyo’s control of exports of key materials bound for Seoul, data showed Wednesday. Imports of Japanese materials, parts and equipment came to US$20.07 billion during the [...]
SEOUL, Feb. 28 (Korea Bizwire) – South Korea’s dependency on Japanese materials and parts fell to an all-time low last year following Tokyo’s control of exports of key products bound for Seoul, the industry ministry said Monday. Imports of Japanese materials, parts and equipment came to US$39.5 billion in 2021, accounting for 15.9 percent of [...]
SEOUL, July 21 (Korea Bizwire) — An affiliate of SK Innovation Co., South Korea’s major energy-chemical firm, has stepped into the market of materials for foldable phones. SK IE Technology Co. (SKIET) announced on Sunday that it will launch commercial production of flexible cover windows (FCW), a key material for flexible displays, at its plant [...]
SEOUL, Jan. 15 (Korea Bizwire) — The Korea Research Institute of Bioscience and Biotechnology (KRIBB) said Tuesday that it has developed a technology to produce sebacic acid, a common component of cosmetics and other products, in an eco-friendly method. Sebacic acid is a dicarboxylic acid, made up of 10 carbon, and is used in the [...]
SEOUL, Sept. 30 (Korea Bizwire) – South Korea’s steelmakers are looking at core materials used for environmentally friendly vessels ahead of the implementation of a new environmental regulation by the International Maritime Organization (IMO) as part of their efforts to diversify its product portfolio and beef up profitability, industry observers said Monday. The IMO will [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korean companies are making progress with localizing production of materials essential for semiconductors and displays, which were previously imported from Japan before restrictions were imposed on them by the Japanese government. A local company recently succeeded in developing ultra-pure hydrogen fluoride, which was one of the materials that [...]
SEOUL, Aug. 26 (Korea Bizwire) — South Korea’s major battery makers are striving to secure key materials for electric vehicle (EV) batteries, with demand for cathode metals spiking in line with the EV battery sector’s sharp growth, industry watchers said Monday. According to market tracker SNE Research, 112,000 tons of cathode materials were used in [...]
SEOUL, Oct. 10 (Korea Bizwire) – Samsung Group said on October 9 that it has selected a total of 45 research projects for this year as part of its future technology fostering program that the company will invest 1.5 trillion won (US$1.4 billion) for the next ten years. The projects to be funded by the company [...]