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Biz & Tech

Manufacturing

Mon, March 1, 2021 | 12:51

SK continues to invest heavily in next-generation chips

SK continues to invest heavily in next-generation chips

SK hynix is strengthening its semiconductor business to better meet the shortage in the global chip sector. The world's second-largest DRAM manufacturer inked a deal worth 4.74 trillion won ($4.3 billion) with Netherlands semiconductor equipment manufacturer ASML Holding to obtain its EUV scanner equipment for the next five years.

2021-03-01 09:03

Gov't ups efforts to nurture local materials, parts, equipment industries

Gov't ups efforts to nurture local materials, parts, equipment industries

The COVID-19 pandemic has posed challenges to the supply of goods around the world, and the government is rolling up its sleeves to boost the competence of Korea's materials, parts and equipment industries in order to lower the country's dependence on foreign suppliers.

2021-02-27 09:32

LG Chem makes sustainability core of biz model

LG Chem makes sustainability core of biz model

LG Chem is making adjustments across its business lines to ensure it meets sustainability goals.

2021-02-25 13:39

New KCCI under SK chairman to encourage ESG values

New KCCI under SK chairman to encourage ESG values

SK Group Chairman Chey Tae-won is expected to be appointed as the new head of the Korea Chamber of Commerce and Industry (KCCI) in late March, and under his stewardship the business organization is expected to encourage members to pursue environmental, social and corporate governance (ESG) values.

2021-02-24 15:43

POSCO expands EV materials business

POSCO expands EV materials business

POSCO is expanding its business portfolio for the supply chain of electric vehicles (EVs) and other eco-friendly mobility services, launching a new brand for specialty products and expanding its battery cathode plant.

2021-02-23 15:33

Hyundai Motor kicks off EV transition with IONIQ 5

POSCO chairman grilled at hearing over workplace accidents

POSCO chairman grilled at hearing over workplace accidents

POSCO Chairman Choi Jeong-woo has apologized again for a series of fatal accidents at mills of the steelmaker in recent months. He gave the apology during a National Assembly hearing, Monday, which was held to address growing doubts on Choi serving another term as chief of the steelmaker.

2021-02-22 16:54

Chey Tae-won to enhance communication via Clubhouse social network app

Chey Tae-won to enhance communication via Clubhouse social network app

SK Group Chairman Chey Tae-won is drawing attention for signing up recently for the invitation-only social network app, Clubhouse, to enhance communication with other industry leaders through the platform.

2021-02-19 14:51

Myanmar coup becoming risk for POSCO's businesses there

Myanmar coup becoming risk for POSCO's businesses there

The military coup in Myanmar is emerging as a risk in POSCO’s businesses in the Southeast Asian country, as analysts raise concerns over potential setbacks in the group’s gas project there. Civic groups also allege POSCO’s local joint venture of being linked to financing by Myanmar’s military.

2021-02-17 16:43

POSCO chairman apologizes for fatal accidents

POSCO chairman apologizes for fatal accidents

POSCO chairman apologizes for fatal accidents

POSCO Chairman Choi Jeong-woo apologized on Wednesday over a series of fatal accidents that have occurred at the steelmaker's mills and plants in recent months.

2021-02-17 16:43

Myanmar coup becoming risk for POSCO's businesses there

LG Chem up, SK Innovation down

LG Chem up, SK Innovation down

A screen shows stock prices of LG Chem, a mother company of EV battery maker LG Energy Solution, and SK Innovation at a news room in a local news company in Seoul, Monday. After the U.S. International Trade Commission (ITC) gave a final ruling on Feb. 10 in favor of LG Energy Solution in its legal dispute with SK Innovation over the theft of trade secrets related to battery t...

2021-02-15 16:24

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