Mid-sized conglomerate to gobble up struggling SUV maker
South Korea’s automaker SsangYong Motor, which is owned by India’s Mahindra & Mahindra, announced on May 13 that a consortium led by KG Group had been picked to purchase the cash-strapped company.
The...
Global alliance for the hydrogen business comes to town
H2Korea announced on May 12 that the Global Hydrogen Industrial Association Alliance (GHIAA) would be launched on May 25 in downtown Seoul.
The new global alliance will bring together hydrogen-associated organizations of...
David Atkinson gets aboard Korean startup
South Korean startup Bloom Technology announced on May 11 that blockchain industry veteran David Atkinson had decided to join the company in Pangyo, south of Seoul.
Bloom said that Atkinson would work as an advisor...
Hyundai joins hands with Motoinal
Hyundai Motor, South Korea’s biggest automaker, announced on May 10 that the company had teamed up with driverless technology powerhouse Motional to come up with robotaxis next year.
Toward that end, the Seoul-based company said that...
Rozy-the-virtual-influencer makes history
Rozy debuted midway through 2020 in South Korea to win the hearts and minds of fans. But Rozy was not an ordinary star _ she was an artificial intelligence character.
Ever since her debut, she has appeared in...
K9 User Club holds first event in Changwon
Representatives from K9 user countries convened late last month in South Korea’s Changwon, according to Hanwha Defense on May 2, which developed the world’s best-selling self-propelled howitzer (SPH).
Included in the participants came...
University students invited to Eco Club League
BAT Rothmans announced on May 2 that it had opened the “University Eco Club League” and started accepting applications from potential competitors.
The league is a program aimed at fostering creative young innovators through...
Korea’s top oil refiner chalks up solid performances in 2022
SK Innovation, a top-tier oil refiner in South Korea, announced on April 29 that the Seoul-based company had racked up the sales of 16.26 trillion won ($12.84 billion) in the...
BAT Sacheon Factory checks viability of renewable energy
BAT Korea Manufacturing announced on April 28 that the company had started operating a pair of photovoltaic dish solar thermal systems in Sacheon, some 300 kilometers south of Seoul.
BAT is the first...
State-run organization will hold webinar next month
The Korea Railway Association announced on April 27 that the organization would hold a webinar on May 2 to help South Korean corporations tap into the South American markets.
The Seoul-based organization noted that...
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