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The Korea Herald

Deals

December 13, 2024
Zyx Technology donates W1b in CAD licenses to Hanbat National University

South Korean design software developer Zyx Technology announced Friday that it will donate ZyxCAD licenses worth 1 billion won ($700,000) to Hanbat National University through a memorandum of understanding. The donation will allow more than 500 students and faculty members to use the firm's comput...
December 10, 2024
KAI wins W1.1tr to supply tail wings for Boeing aircrafts

South Korean aircraft maker Korea Aerospace Industries said Tuesday that it has extended its contract with Boeing to produce empennage parts for the US aerospace giant’s 737 Max model. The extension will add 1.12 trillion won ($789 million) in sales to the existing contract. The Boeing 737 Max –...
December 09, 2024
Samsung C&T, Hitachi Energy bolster ties on HVDC projects

Samsung C&T said Monday that it has signed a memorandum of understanding with Switzerland's Hitachi Energy to strengthen collaboration and explore opportunities in the high-voltage direct current sector. HVDC is a method of converting alternating current generated at a power plant into high-voltag...
December 05, 2024
Directors Company completes acquisition of Bitnine

Directors Company, a South Korean advertising and branding company, announced Thursday that it has finalized the acquisition of Bitnine as part of its efforts to strengthen its generative AI business. The acquisition of the Kosdaq-listed database technology company was completed through a third-pa...
November 29, 2024
Zyx Technology, TMA Solutions join hands for global AI collaboration

South Korean design software developer Zyx Technology announced Friday that it had signed a memorandum of understanding with TMA Solutions to strengthen global collaboration and expand into the Vietnamese market. The agreement was finalized during a meeting in Seoul on Tuesday between Zyx Technolo...
November 29, 2024
LX Pantos to collaborate with China’s Guiyang Logistics

Korean logistics company LX Pantos has signed a memorandum of understanding with Guiyang Logistics, a state-owned enterprise in southwestern China, to strengthen transport networks and enhance logistics services. LX Pantos CEO Lee Yong-ho and Hu Zhongxiong, secretary of the Communist Party of Chin...
November 22, 2024
Hanjin inks partnership with DHL to boost logistics competitiveness

Hanjin Logistics Corporation said Friday it has signed a strategic partnership agreement with DHL Supply Chain Korea, to strengthen collaboration in logistics operations and expand its network in South Korea. The agreement will focus on key industries, including pharmaceutical, semiconductor, cons...
November 21, 2024
[Herald Interview] Korea Expressway CEO leads push to export Korean road expertise globally

One of the more exciting developments for Ham was introducing KEC’s advanced intelligent transportation systems technology to officials in the United States earlier this year. “The reception was great. Developed countries are looking for smarter ways to manage traffic and maintain infrastructure,...
November 21, 2024
KEC makes inroads into Europe with massive Turkey highway project

By Moon Joon-hyun ( mjh@heraldcorp.com )
November 01, 2024
Hankook & Co. formalizes deal for Hanon System, joins Korea's top 30 biz groups

Hankook & Co., the holding firm of Korea's largest tire maker Hankook Tire & Technology, announced Friday that it has signed a definitive agreement to acquire a stake in Seoul-based automotive parts supplier Hanon Systems. Under the agreement, Hankook & Company will purchase a 23 percent stake in ...
October 07, 2024
LS Electric partners with Japan's Kyudenko to expand battery storage market

Korean electrical equipment manufacturer LS Electric announced a partnership with Kyudenko, a Kyushu Electric Power Company subsidiary, to enter Japan’s growing battery energy storage system market. The two companies signed a memorandum of understanding at the Grand InterContinental Seoul Parnas ...
October 04, 2024
SK Enmove secures iodine supply from Chile’s SQM

SK Enmove, a lubricant subsidiary of SK Innovation, has secured a stable supply of iodine by partnering with SQM, the world’s largest iodine producer based in Chile, in efforts to take the lead in the next-generation automotive refrigerants market, the company said Thursday. As iodine is a crucia...
October 02, 2024
Egnis partners with Oklahoma for Xolution's resealable can business

Lifestyle brand developer Egnis announced Wednesday that it began partnership with the Oklahoma government in hopes to expand its German subsidiary Xolution's resealable can business in the US. The business agreement signing ceremony held Tuesday at The Shilla Seoul, was attended by Park Chan-ho, ...
October 02, 2024
Hanwha Qcells sells 142 MW solar power project in Washington

Hanwha Solution’s Qcells, the solar energy division under Korean conglomerate Hanwha Group, has sold a 142 megawatt solar photovoltaics project to Washington state’s largest utility company Puget Sound Energy, Hanwha Qcells said Wednesday. Hanwha Qcells highlighted that the sale of the solar pow...
October 02, 2024
[KH Explains] Hanwha Aerospace vies for Chunmoo export to Norway

By Kan Hyeong-woo ( hwkan@heraldcorp.com )

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

FAMILY SITE GO

Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099