LS Electric poised to join Nvidia's supply chain via Vertiv deal

LS Electric poised to join Nvidia's supply chain via Vertiv deal

LS Electric Co., a South Korean industrial system supplier, is poised to deliver a large volume of power control equipment, including switchgears an...

S.Korea’s power transformer exports soar as global supply shortage bites

S.Korea’s power transformer exports soar as global supply shortage bites

South Korean power equipment makers are riding a wave of export growth, with their transformers in high demand amid a global rush to reinforce power...

Hanjin KAL, LS expand defense business alliance to counter Hoban Group

Hanjin KAL, LS expand defense business alliance to counter Hoban Group

South Korea’s Hanjin Group and LS Group are tightening their alliance further against Hoban Group, which is raising its stake in Hanjin.Korean...

SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services

SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services

South Korea has officially cleared the way for low-earth orbit (LEO) satellite internet services, granting regulatory approval for SpaceX’s St...

Hanwha Q Cells eyes tandem cell mass production in 2027

Hanwha Q Cells eyes tandem cell mass production in 2027

Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...

LS moves closer to role as Hanjin KAL’s white knight vs Hoban

LS moves closer to role as Hanjin KAL’s white knight vs Hoban

Hanjin KAL Corp., the largest shareholder of Korean Air Lines Co., is strengthening its alliance with LS Group, the parent of LS Cable & System ...

LS Cable breaks ground on $681 mn underwater cable plant in Chesapeake

LS Cable breaks ground on $681 mn underwater cable plant in Chesapeake

WASHINGTON, D.C. – LS Cable & System Ltd., South Korea’s leading wire and cable manufacturer, has broken ground on its first underwa...

Hyundai's nuclear-grade steel earns US quality certification

Hyundai's nuclear-grade steel earns US quality certification

South Korean steelmaker Hyundai Steel Co. said on Wednesday it has received the Nuclear Material Supplier Quality System Certificate (QSC) from the ...

LS Cable's patent victory over Taihan Electric signals further disputes

LS Cable's patent victory over Taihan Electric signals further disputes

LS Cable & System Co. has gained the upper hand in its years-long patent dispute against Taihan Electric Wire Co. after a South Korean high pate...

US Capital Group raises stake in South Korea’s LS Electric

US Capital Group raises stake in South Korea’s LS Electric

Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...

Mirae Asset invests $200 mn in LS Group affiliate in US

Mirae Asset invests $200 mn in LS Group affiliate in US

South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...

Samsung C&T, LS Electric to establish US solar JV

Samsung C&T, LS Electric to establish US solar JV

South Korea's Samsung C&T Corp. and LS Electric Co. signed a memorandum of understanding (MOU) on Monday to expand solar power projects in the U...

LS Electric shares jump on $358mn HVDC transformer order news

LS Electric shares jump on $358mn HVDC transformer order news

LS Electric Co., a South Korean industrial energy facility and systems supplier, is expected to sign a 500 billion won ($358 million) deal with a GE...

LS Cable, Denmark's CIP sign LOI for floating offshore wind

LS Cable, Denmark's CIP sign LOI for floating offshore wind

South Korea's LS Cable & System Ltd. said on Wednesday that it signed a letter of intent (LOI) for offshore wind cooperation with Copenhagen Inf...

Samsung Electro-Mechanics gets European certification for camera SW

Samsung Electro-Mechanics gets European certification for camera SW

South Korea's Samsung Electro-Mechanics said on Wednesday it obtained Automotive SPICE (A-SPICE) Level 3 certification for its vehicle camera modu...

LG Electronics rises to global prominence in HVAC segment, ranks fifth

LG Electronics rises to global prominence in HVAC segment, ranks fifth

LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of the world’s top five players in the heating, ventilati...

Gaon Cable takes over LS Cable & System's US arm

Gaon Cable takes over LS Cable & System's US arm

Gaon Cable Co. said on Tuesday it has taken over the US arm of parent company LS Cable & System Ltd. to beef up its business of mid-to-low volta...

LS Group’s US magnet wire unit to go public with $1.4 bn value

LS Group’s US magnet wire unit to go public with $1.4 bn value

The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offer...

Samyang enters Australia, New Zealand with allulose approval

Samyang enters Australia, New Zealand with allulose approval

South Korean chemical and food ingredient manufacturer Samyang Corp. said on Wednesday that it has become the first allulose producer to secure appr...

Samyang Foods' Buldak Ramen gets K-food Safety certification

Samyang Foods' Buldak Ramen gets K-food Safety certification

South Korea's Samyang Foods Co. said on Thursday its Buldak Ramen (hot chicken flavor ramyun) received the domestic production certification K-food ...

KEPCO, LS Electric to co-work on predictive diagnostics solutions

KEPCO, LS Electric to co-work on predictive diagnostics solutions

Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, said on Thursday it signed a memorandum of understanding (MOU) with ...

KB Financial first in Korean banking to achieve ISO human capital standard

KB Financial first in Korean banking to achieve ISO human capital standard

South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the domestic financial se...

Hyundai AutoEver SW platform gets A-SPICE level 3 certification

Hyundai AutoEver SW platform gets A-SPICE level 3 certification

South Korea's Hyundai AutoEver Corp. said on Tuesday that its Mobilgene Classic 2.0 software platform has become the first in South Korea to receive...

Mirae Asset gets int'l privacy protection certification

Mirae Asset gets int'l privacy protection certification

South Korea's Mirae Asset Securities Co. said on Monday that it won the international personal information standard ISO 27701 certification after un...

POSCO E&C gets ISMS-P Info Security certification

POSCO E&C gets ISMS-P Info Security certification

South Korea's POSCO E&C said on Thursday that it obtained the "Information Security Management System & Personal Information Protection Mana...

LG CNS gets Google Cloud GenAI certification

LG CNS gets Google Cloud GenAI certification

South Korea's LG CNS said on Thursday that it obtained Google Cloud's Generative AI (GenAI)Service Specialization certification.It's the first Asian...

Netmarble acquires ISO 45001 certification

Netmarble acquires ISO 45001 certification

Netmarble Corp. announced on Friday that it has become the first company in the Korean game industry to obtain the ISO 45001 certification for its s...

BTS Jungkook receives platinum certification from RIAJ

BTS Jungkook receives platinum certification from RIAJ

Boy band BTS' Jungkook's solo song “Seven - Explicit Ver.” has been certified “Platinum” in the streaming category by the Re...

Hyundai Mobis gets cybersecurity certification in Europe

Hyundai Mobis gets cybersecurity certification in Europe

Hyundai Mobis Co. has become the first Asian auto parts company to receive cybersecurity certification in Europe, which is leading the way in establ...

Samsung 2024 TVs earn VDE certification for picture quality

Samsung 2024 TVs earn VDE certification for picture quality

Samsung Electronics Co. said on Monday that seven of its 2024 TV models, including Neo QLED 8K and Neo QLED series, have received picture quality ...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared