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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…
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…
Offshore Wind Power
South Korean Companies Enter Offshore Wind Partnership
Hanwha Ocean, a Korea-based company, has signed a memorandum of understanding (MoU) with Hyundai Engineering & Construction (Hyundai E&C) in Seoul, South Korea,…
HVDC
Construction of ‘Asia’s Largest HVDC Cable Facility’ Wraps Up
On July 16, South Korean company LS Cable & System announced the completion of its fifth submarine cable plant in Donghae-si, Gangwon-do, establishing what it c…
Offshore Wind Power
LS Marine Solution to Install Cables at 390 MW South Korean Offshore Wind Farm
LS Marine Solution has been named the preferred bidder for submarine cable installation at the 390 MW Shinan Ui offshore wind farm, located off the coast of Sin…
South Korea
South Korean Shipbuilding Giant Joins Mærsk MC-Kinney Møller Center to Pursue Zero-Carbon Shipping Solutions
South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HDKSOE) has entered a strategic partnership with the Mærsk Mc-Kinney Møller …
South Korea
Hyundai E&C Drops Out of Gadeokdo New Airport Land Reclamation Project
Hyundai E&C, a major South Korean construction company, has withdrawn from the land reclamation project for the Gadeokdo New Airport, citing challenges in meeti…
Power Cable
€1B Cable Factory at Port of Tyne Turning Into Reality as Consultation Starts
LS Eco Advanced Cables (LSEAC), a joint venture between Global InterConnection Group (GIG) and a subsidiary of LS Group, a South Korean cable manufacturer, has …
South Korea
South Korea’s NOFI Buys Estimated 65,000 T Corn
On Wednesday, Nonghyup Feed Inc. (NOFI), a leading South Korean animal feed manufacturer, purchased approximately 65,000 metric tonnes of animal feed corn in an…
India
South Korean Giant Begins Work on Third Indian Factory
South Korean company LG has revealed plans to establish its third manufacturing facility in India, a $600 million project spanning 247 acres in Sri City, Andhra…
South Korea
SK Telecom Continues SIM Security Saga With ‘Reset’ Technology
SK Telecom, a South Korean telecommunications provider, has launched a SIM Reset solution designed to block illegal SIM duplication by updating user identificat…
South Korea
ABS and HD Hyundai Mipo to Drive Digital Automation in Shipyard Operations
The American Bureau of Shipping (ABS) and South Korean shipbuilder HD Hyundai Mipo (HMD) have entered into a joint development project (JDP) to advance digital …
Nuclear Power Plant (NPP)
Supplier Contracts Signed Relating to KHNP Czech Project
South Korean and Czech companies have signed nine contracts and three memorandums of understanding to support the proposed expansion of nuclear capacity at the …
China
Wan Hai Lines Seals $816M Deal for Methanol-Ready Boxship Quartet
Wan Hai Lines, a leading Taiwanese shipping company, has contracted two South Korean shipbuilders to construct four dual-fuel methanol-ready container vessels. …
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