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Samsung SDI Collaborates with Automaker KGM to Develop Next-Generation Power Battery Technology
Recently, Samsung SDI announced that it has signed a Memorandum of Understanding (MOU) with South Korean automaker KG Mobility (KGM) to jointly develop next-gen…
Kia Sets Global Sales Target of 3.35 Million Units for 2026
On January 5, South Korean automaker Kia Corporation announced a new sales target in a regulatory filing. The document shows that the company plans to achieve g…
Offshore Wind Power
Vestas Secures Turbine Order for Sinan U Offshore Wind Project in South Korea
Wind power equipment manufacturer Vestas has recently secured an order to supply wind turbines for the Sinan U offshore wind project in South Korea. This marks …
South Korea
DL Chemical Proposes Shutting Yeochun NCC’s No. 1 Plant Under Restructuring
South Korean petrochemical firm DL Chemical announced on Monday that it has proposed permanently closing Yeochun NCC Co.'s No. 1 naphtha cracker, which has …
Nuclear Power Plant (NPP)
Turkish, Korean Firms Sign Cooperation Agreement
Türkiye Nükleer Enerji AŞ (TUNAS) and Korea Electric Power Corporation (KEPCO) signed a memorandum of understanding on nuclear energy cooperation dur…
South Korea
South Korean Milling Company Buys Around 50,000 Tons US Wheat
European traders reported that a South Korean flour milling group purchased an estimated 50,000 tons of milling grain from the United States at an international…
United States
US-South Korean Partnership Seeks to ‘Streamline’ Smart Vessel Technologies
The American Bureau of Shipping (ABS) and the Korean Agency for Technology and Standards (KATS) have signed a memorandum of understanding (MoU) to promote inter…
Metal
BHP, POSCO Sign Deal to Advance Hydrogen-Based Low Emissions Iron
BHP (BHP.AX), the world’s largest mining company, and South Korean steelmaker POSCO (005490.KS) announced on Thursday that they have signed an agreement t…
EVTOL
Archer Aviation Strikes Korean Air Deal for EVTOL Air Taxis
Archer Aviation (ACHR.N) announced on Monday that it has signed a partnership agreement with Korean Air (003490.KS) to commercialize its electric air taxis in S…
Gas power plant
Doosan Enerbility Exports Gas Turbines to u.s. In 1st Such Deal for S. Korea
Doosan Enerbility Co., a leading South Korean plant construction and engineering company, announced on Monday that it has exported gas turbine products to the U…
Electric Vehicles
LG Energy Solution Q3 Profit Likely up 34% on US EV Sales Rush
South Korean battery manufacturer LG Energy Solution (LGES) announced on Monday that its operating profit for the third quarter of 2025 likely increased by 34%,…
Battery
SK On to Supply LFP Batteries to Flatiron Energy
SK On, a South Korean battery manufacturer, has signed a supply agreement with Flatiron Energy Development, a U.S.-based company, to provide lithium iron phosph…
Hydrogen Project
German and Korean Institutes Expand Cooperation in Hydrogen Safety
The German Federal Institute for Materials Research and Testing (BAM) and the Korea Institute of Civil Engineering and Building Technology (KICT) signed a memor…
South Korea
South Korea’s Hanwha to Pour $5B Into US Philly Shipyard, Orders New Batch of Ships
Hanwha Group, a South Korean shipbuilding company, has announced a $5 billion investment to enhance infrastructure at Hanwha Philly Shipyard in Philadelphia, Pe…
SMR
Zimbabwe to Evaluate Deployment of Korean SMR
Korea Hydro & Nuclear Power (KHNP) has entered into a memorandum of understanding with Zimbabwe’s Centre for Education, Innovation Research and Developmen…
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