SEOUL, Dec. 16 (Korea Bizwire) — Incheon International Airport is famous for its spectacular landscaping, made possible through the efforts of devoted experts at a dedicated plant clinic. Incheon International Airport Corp. (IIAC), the operator of Incheon International Airport, said 1.3 billion won (US$1.1 million) is spent each year for landscaping, which is equivalent to [...]
SEOUL, Dec. 5 (Korea Bizwire) – SK Innovation Co., a major energy and chemical company in South Korea, said Thursday that it has built its first electric vehicle (EV) battery cell manufacturing plant in China in the latest move to tap deeper into the world’s largest EV market. The completion ceremony for BEST — a [...]
SEOUL/ULSAN, Nov. 26 (Korea Bizwire) — South Korean carmaker Hyundai Motor Co. said Tuesday it will build a US$1.55-billion plant in Indonesia by 2021 to tap deeper in the Southeast Asian markets dominated by Japanese rivals. The investment decision comes as Hyundai Motor is working to explore new markets and secure a new growth driver [...]
MUAN, Sept. 26 (Korea Bizwire) — A South Korean research team has discovered a new method for the complete eradication of kudzu vines, an invasive species that is known to devastate local forests and plants. The Jeonnam Forest Resource Research Institute announced on Wednesday that it has discovered a method to locate and remove the [...]
SEOUL, Jul. 9 (Korea Bizwire) — LG Display Co. said Tuesday that operations at its OLED factory in China will be put into full swing next month to ramp up its production capacity of premium panels in the key market. LG Display has invested about 5 trillion won (US$4.2 billion) to build the Guangzhou factory [...]
SEOUL, Jun. 14 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-biggest carmaker by sales, said Friday it will shut down one of its three plants in China this month due to a slump in sales in the world’s top auto market. The assembly line in Yancheng, Jiangsu Province, will be used by Kia’s local [...]
SEOUL, Mar. 20 (Korea Bizwire) — SK Innovation Co. said Wednesday it has broken ground for an electric vehicle (EV) battery plant in the United States. South Korea’s top energy-chemical business group said in November it will invest 1.14 trillion won (US$1.01 billion) to build the 9.8 gigawatt-hour capacity battery plant in the city of [...]
SEOUL, Oct. 1 (Korea Bizwire) — SK Innovation Co. is said to be in the process of pushing for the establishment of a facility that would build electric car batteries in the U.S. According to industry sources, SK Innovation has been considering a few locations in the U.S. deemed suitable for the plant, but the [...]
HUDSON, N.H., Jun. 27 (Korea Bizwire) — GTAT Corporation (GTAT) opened its new state-of-the-art silicon carbide manufacturing plant with a ribbon-cutting ceremony on Tuesday, June 26, 2018 that included state and local officials who were on hand to commemorate the event. The facility, located in Hudson, New Hampshire, also includes the company’s new corporate headquarters [...]
SEJONG, Nov. 16 (Korea Bizwire) – A groundbreaking ceremony for the National Central Arboretum in Sejong, South Korea’s de facto administrative capital, was held on Wednesday. The 649,000-square-meter garden will comprise of three major sections: a community and participation zone, for various culture, art, and recreational activities; an exhibition zone, for the display and observation [...]