SEOUL, March 7 (Korea Bizwire) — SK Inc. Materials Co., an advanced materials unit under South Korea’s SK Group, said Tuesday it is acquiring a U.S. company specializing in carbon capture, utilization and storage (CCUS), as it bolsters investment in clean energy. The board of SK Inc. approved the plan Monday to invest an additional [...]
SEOUL, March 5 (Korea Bizwire) — South Korean battery producer SK On Co. said Sunday U.S. Transportation Secretary Pete Buttigieg visited the construction site of its new production line in Kentucky earlier this week. Buttigieg visited the 6.28 million-square-meter site of the manufacturing campus, named BlueOval SK Battery Park, on Friday, and met officials to [...]
SEOUL, Feb. 3 (Korea Bizwire) — SK C&C Co., an IT service unit of South Korean conglomerate SK Group, said Thursday it had signed a business agreement with Microsoft Korea Co. to launch into the global digital healthcare solution market as well as to expand its industry ecosystem. Under terms of the agreement, SK C&C’s [...]
SEOUL, Jan. 20 (Korea Bizwire) — The chief of energy-to-telecom conglomerate SK Group has met with the leaders of Serbia and Montenegro in Switzerland, and discussed ways to reinforce cooperation in such areas as global supply chains, South Korea’s third-largest conglomerate said Friday. During the meeting with Serbian President Aleksandar Vucic on the margins of [...]
GLENDALE, Jan. 14 (Korea Bizwire) — Rain had wetted much of the clay soil on the ground — rich terracotta earth colors — creating small and large puddles everywhere around a gigantic steel structure, densely embedded with millions of steel beams. Yet it was another busy Sunday for many of the 800 engineers and construction [...]
LAS VEGAS, Jan. 8 (Korea Bizwire) — South Korea’s SK Group ended its four-day CES exhibition Sunday, drawing the largest attendance in three years with the visions and technologies presented for a sustainable future. More than 30,000 visitors came to see the SK exhibition booth in the Las Vegas Convention and World Trade Center during the [...]
LAS VEGAS, Jan. 8 (Korea Bizwire) — Sustainable food is a promising area worth betting on not only businesswise but also for its social and environmental impact, one of the reasons why SK is targeting Asia and Europe for a market expansion, a senior SK executive has said. Kim Dae-jung, vice president at SK Inc.’s Green [...]
LAS VEGAS, Jan. 6 (Korea Bizwire) — SK Group Chairman Chey Tae-won appeared at CES on Friday, reversing the earlier announcement that he was canceling his visit to the tech show after one of his aides tested positive for COVID-19. This is the first time Chey has visited the four-day exhibition in person. He is also [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) — In a pitch dark tunnel, the Statue of Liberty, Big Ben and Sphinx slowly disappear into the rising sea, a virtual scene that takes viewers to a grim fate engulfed by a future where Earth has succumbed to climate change. The bleak scenario, which could befall the world, juxtaposes [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) — For anyone who has experienced Korean culture, they should be familiar with the letter “K” being used like a prefix to highlight the Korean identity, like K-pop that has become so widely known. In a corner of this year’s CES, a show that outdoes the conventional in the mecca [...]