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SK Innovation on Sept. 29 expressed regret over the patent infringement lawsuit recently filed against it by LG Chem with a US court, vowing a strong response as the legal battle rages on between the...
The Korean German Chamber of Commerce and Industry on Sept. 27 successfully held its “5th KGCCI Innovation Awards” ceremony at the floating island Sebitseom in Seoul. “We are proud to recognize comp...
Samsung Heavy Industries a major shipbuilder here, said Sept. 26 it has developed the world’s first Aframax crude oil tanker powered by fuel cells. The company said it had acquired approval in pr...
SK Engineering & Construction said Sept. 25 it will set up a joint venture with US-based Bloom Energy for the production of solid oxide fuel cell. The 49:51 JV, to be set up in November, will provid...
SINGAPORE -- Roughly 30 percent of France-based Schneider Electric’s revenue came from the Asia-Pacific region in 2018. Another 30 percent came from North America and Western Europe, respectively, w...
Lam Research, a global manufacturer of semiconductor equipment, is mulling plans to move its research and development center to South Korea, local media reported Sept. 19. Citing an unnamed governme...
SINGAPORE -- Traditional methods used to maintain cost efficiency in the labor-intensive field of shipbuilding and marine engineering will give way more and more to digital solutions that are already...
British home appliance maker Dyson on Sept. 19 introduced its latest vacuum cleaner and air purifiers. The V11 220 Air Watts CF features the strongest suction power among its cordless vacuum clea...
SINGAPORE -- While digital transformations remain a demanding task for capital-intensive projects like shipbuilding and power plant construction, firms who have managed to catch on are learning to av...
SINGAPORE -- UK-based industrial software developer Aveva said Sept. 17 it plans to introduce its newly integrated industrial software by November in its digital push to streamline large-scale projec...
South Korean companies continued to suffer setbacks in their sales and profits in the second quarter amid slower economic growth and sluggish exports, central bank data showed Sept. 17. In the Ap...
South Korean imports of Japanese beer fell 97 percent in August from a year earlier due to a boycott of Japanese products amid a bilateral trade spat, data showed Sept. 16. The value of imports o...
Delta Air Lines said on Sept. 10 it has increased its stake in Hanjin KAL, the parent company of Korean Air, in what it called a long-term investment. In a report to the main bourse operator Korea E...
GS Group Chairman Huh Chang-soo called for preemptive measures to respond to the sluggish economy at a strategy meeting held on Aug. 25 and 26. Under the theme “Strategies for Growth in Low-Growth E...
South Korean steelmaker Posco announced on Aug. 25 the launch of its second #SteelSaveEarth campaign starting Aug. 28 to raise awareness on the detrimental effects of single-use plastic waste on the ...
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