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Tuesday, May 24, 2022
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...
No. 2 memory chip maker fared well in 2022 SK hynix announced on April 26 that it had racked up revenues of 12.16 trillion won ($9.6 billion) in the first quarter of 2022, up 43 percent from a year ago. The...
System integrator join forces with Aria Edge CJ OliveNetworks, one of the top system integrators in South Korea, announced on April 25 that it would take advantage of AI and AR technologies to help its customers enhance industrial security. The Seoul-based...
Korean tire maker strives to expand product portfolio Now every automaker appears to vow to come up with new electric vehicles in line with the world’s efforts to roll out environmentally friendly products. The world’s leading carmakers, including BMW, Nissan, and...
Kontur and Bloom Technology join hands US artificial intelligence company Kontur has decided to cooperate with Korea’s Bloom Technology in its all forthcoming smart city projects, according to Bloom on April 22. A smart city refers to is a technologically advanced...
The country fails to secure large-sized foreign investments Over the past decade, the world saw more and more large-sized mergers and acquisitions (M&A), but South Korea failed to benefit from the trend, according to a report on April 17. The Korea...
AI-powered kiosks to come to town this year Currently, it seems that all the corporations and governments are competing to come up with more advanced products or services based on artificial intelligence. Kiosks are no exceptions, as a South Korean telecom...
Tech giant nudges past Intel for 1st time in 3 years Samsung Electronics beat Intel last year to reclaim the top spot in the global semiconductor market for the first time in three years, according to business tracker Gartner on...

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Hyundai-to-invest-$10.5-billion-in-US

Hyundai to invest $10.5 billion in US

Chairman Chung raises investment amount after meeting with President Biden After meeting with U.S. President Joe Biden, Hyundai Motor Chairman Chung Eui-sun announced on May...

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