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Sunday, May 16, 2021
SUVs of Porsche, Mercedes-Benz use Hankook products Hankook Tire & Technology, South Korea’s biggest tiremaker, said this week that a mounting number of automakers use its products for sports utility vehicles (SUVs). Included in its new SUV customers list are such...
Korean company achieves exploit for the first time in the world A Korean biotech startup has developed a device, which can early detect symptoms of African swine fever (ASF), the deadly pig disease prevalent across the world. uLikeKorea said on April...
Two defense giants join hands to win Australian military project Partners of Hanwha Defense proactively support the Korean company’s efforts to win the Project Land 400 Phase 3 of Australia with its “Redback” infantry fighting vehicles (IFVs). Hanwha Defense announced on...
KOGAS comes under criticism for belated measures Over the past few months, the Korea Land & Housing Corp came under fire as its employees allegedly misused insider information on development projects for property speculation. This time around, another state-backed agency of...
Luxury fashion houses come under criticisms South Korean affiliates of the world’s three foremost luxury brands _ Hermes, Channel, and Louis Vuitton _ are found to hardly donate despite their handsome bottom lines. The three outfits’ Korean subsidiaries revealed their 2020...
Young investors responsible for extreme fluctuation of coin markets Arowana Token was listed this week on the Korean market with a starting price of 50 won. And in half an hour, the value jumped more than 1,000 times to 53,800...
ADD, Hanwha Defense will lead South Korea’s military project South Korea’s defense procurement agency announced on April 22 that it had successfully completed the exploratory development of an unmanned surveillance vehicle (USV). The Agency for Defense Development (ADD) has teamed up...
Hanwha joins hands with Oshkosh for OMFV program Hanwha Defense said on April 20 that it had signed an exclusive teaming agreement with Oshkosh Defense, one of the leading U.S. defense companies, for the digital design phase of the U.S....
LG has teamed up with General Motors South Korea’s powerhouse LG Energy Solution will build $2.3 billion battery cell factory in the United States through its joint venture firm with General Motors. LG Energy Solution said on April 17 that the...
Korean automaker faces existential crisis in a decade SsangYong Motor, a South Korean automaker owned by India’s Mahindra & Mahindra, was put under court receivership on April 15 because the cash-strapped firm has failed to find a new investor. The Seoul...

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