Industry

Industry

#Korea Shipbuilding & Offshore Engineering
Korea Shipbuilding wins 637 bln-won order for 5 container ships
By Nam Kwang-sik SEOUL, March 26 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has clinched a 637 billion-won (US$562 million) order from a Taiwanese company to b... 10:43 Mar. 26
#LG
LG shareholders OK spin-off plan, new holding firm to be launched in May related article
SEOUL, March 26 (Yonhap) -- Shareholders of LG Corp., the holding firm of South Korea's fourth-largest conglomerate, LG Group, on Friday approved the company's plan to set up another parent entity ... 10:38 Mar. 26
#Samsung Heavy
Samsung Heavy bags 2.8 tln-won order for 20 container carriers
By Nam Kwang-sik SEOUL, March 26 (Yonhap) -- Samsung Heavy Industries Co. said Friday it has obtained a 2.8 trillion-won (US$2.5 billion) order from a Panamanian company to build 20 container carrie... 10:16 Mar. 26
#inflation
S. Korea to ease inflation pressure amid rising raw material prices
SEOUL, March 26 (Yonhap) -- South Korea will step up efforts to ease growing inflationary pressure as hikes in global grain prices have jacked up prices of processed products, a senior government o... 09:27 Mar. 26
#Samsung Display
Samsung Display dominates 2020 smartphone panel market with 50 pct share related article
SEOUL, March 26 (Yonhap) -- Samsung Display Co. dominated the global smartphone display panel market last year, a report showed Friday, as it posted record revenue amid the pandemic. The affili... 09:15 Mar. 26
#Samsung
Samsung, Marvell develops new System-on-a-Chip for 5G networks related article
SEOUL, March 26 (Yonhap) -- Samsung Electronics Co. said Friday it has developed a new System-on-a-Chip (SoC) that can improve the performance of 5G networks in collaboration with U.S. chip designer... 08:52 Mar. 26
#Hydrogen business
Hyundai Heavy to foster hydrogen biz as new growth engine related article
By Nam Kwang-sik SEOUL, March 25 (Yonhap) -- Hyundai Heavy Industries Group said Thursday that it will nurture hydrogen-related business as its new growth engine amid tightened environmental regul... 17:39 Mar. 25
#cherry blossom
Seoul's cherry blossom blooming begins on earliest date on record related article
SEOUL, March 25 (Yonhap) -- Seoul saw its first cherry blossom blooming of this year on Wednesday, the earliest in 99 years, the state weather agency said. The blooming of cherry blossoms began ... 16:22 Mar. 25
#Samsung
Samsung denies reports of building network equipment plant in India related article
By Joo Kyung-don SEOUL, March 25 (Yonhap) -- Samsung Electronics Co. on Thursday denied media reports that the company is pushing to build a network equipment plant in India, saying that nothing ha... 14:51 Mar. 25
#middling firms
Midsized firms' Q2 biz outlook recovers to pre-pandemic level
SEOUL, March 25 (Yonhap) -- South Korean midsized companies' business outlook for the second quarter has recovered to pre-pandemic levels amid a recovery in automaking and related sectors, a poll s... 13:57 Mar. 25
Construction contracts surge 18.7 pct in Q4
SEJONG, March 25 (Yonhap) -- The value of construction contracts in South Korea jumped nearly 19 percent in the fourth quarter of 2020 thanks to increased private and public projects, government dat... 12:47 Mar. 25
#Doosan Mobility Innovation
Doosan Mobility teams up with POSCO unit for hydrogen fuel cell parts
By Nam Kwang-sik SEOUL, March 25 (Yonhap) -- Doosan Mobility Innovation (DMI), a producer of portable fuel cell power packs, said Thursday that it has joined hands with POSCO SPS, a steel processi... 11:36 Mar. 25
#LG Chem
(LEAD) LG demands 'reasonable' compensation from SK in battery row settlement
(ATTN: UPDATES with more comments, details in paras 13-18; ADDS photo) By Kim Eun-jung SEOUL, March 25 (Yonhap) -- LG Chem Ltd. will sternly handle the legal dispute with SK Innovation Co. to rece... 11:13 Mar. 25
#Samsung
Samsung develops industry's first HKMG tech-based DDR5 memory related article
SEOUL, March 25 (Yonhap) -- Samsung Electronics Co., the world's largest memory chip producer, said Thursday it has developed a high-capacity dynamic random-access memory (DRAM) module. The Sout... 11:12 Mar. 25
#Doosan Heavy
Doosan Heavy exports casks to store spent nuclear fuel to U.S.
By Nam Kwang-sik SEOUL, March 25 (Yonhap) -- South Korea's top power equipment maker Doosan Heavy Industries & Construction Co. said Thursday it has provided five vertical concrete casks used to s... 11:07 Mar. 25
#retail sales-February tally
Retail sales up 10 pct in Feb. on strong performance of offline stores
By Kang Yoon-seung SEOUL, March 25 (Yonhap) -- Retail sales in South Korea rose 10 percent in February from a year earlier on the back of the Lunar New Year's holiday, with offline stores deliverin... 11:00 Mar. 25
#LG Chem
LG demands 'reasonable' compensation from SK in battery row settlement
By Kim Eun-jung SEOUL, March 25 (Yonhap) -- LG Chem Ltd. will sternly handle the legal dispute with SK Innovation Co. to receive "reasonable" and "proportionate" compensation for the damage caused b... 10:44 Mar. 25
#electricity fee-subsidies
S. Korea to offer discounts on electricity fees amid virus pandemic
By Kang Yoon-seung SEOUL, March 25 (Yonhap) -- South Korea said Thursday it will offer discounts on electricity fees for small businesses to ease their burden amid the prolonged new coronavirus pan... 09:20 Mar. 25
#Samsung
Samsung rolls out Mini LED TV in Southeast Asia related article
SEOUL, March 25 (Yonhap) -- Samsung Electronics Co. said Thursday it began to sell the company's first Mini LED TV in Southeast Asian countries as the world's largest TV maker plans to boost premiu... 09:01 Mar. 25
#LG Electronics
LG Electronics expanding investment in auto parts biz for future growth related article
SEOUL, March 25 (Yonhap) -- LG Electronics Inc. has invested more than 4 trillion won (US$3.5 billion) in its automotive business in the recent five years, its report showed Thursday, as the South ... 08:52 Mar. 25