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Power generators to bleed W1.3tr in 2021 due to anti-coal driveIndustryJan 26, 2021South Korea’s state power companies are projected to register 1.3 trillion won ($1.17 billion) in combined losses this year due to the nation’s anti-coal drive and low electricity prices. According ... -
Korean defense industry set to enjoy robust 2021IndustryJan 26, 2021South Korean defense companies enjoyed a solid performance last year despite complications from the pandemic and are expected to continue their momentum this year, according to market tracker FnGuide... -
Hanwha Solutions triples production of safe plastic materialIndustryJan 25, 2021Hanwha Solutions said Monday it will triple production of the eco-friendly plastic material Eco-DEHCH to respond to a growing market demand. According to the South Korean solar-to-chemical company, ... -
Hanwha sets eyes on green hydrogenIndustryJan 21, 2021On top of developing next-generation solar cells, Hanwha Solutions aims to spend the other half of 1.2-trillion-won investment to diversify its business model to go beyond its current role as a suppl... -
Kim Dong-kwan reinvents Hanwha’s identity as renewable energy leaderIndustryJan 21, 2021With the rise of Hanwha Solutions, Kim is expected to cement his position as the heir. In a key signal of his growing influence, department store chain Hanwha Galleria and Hanwha City Development ar... -
To infinity, and beyond: Hanwha enters global satellite raceIndustryJan 21, 2021The acquisition will allow Hanwha Systems to secure experts in Phasor Solutions and source technologies of its next-generation semiconductor-based satellite antennas. By Kim Byung-wook (kbw@heraldco... -
LG Energy Solution No.1 in battery, Hyundai No.5 in electric vehicle marketsIndustryJan 21, 2021By Kim Byung-wook ( kbw@heraldcorp.com ) -
Lee’s 1st message from prison: ‘Compliance drive should continue’IndustryJan 21, 2021Samsung heir Lee Jae-yong finally broke his silence, three days after he was sent back to prison on Monday for bribing former President Park Geun-hye. In a message sent via his attorneys on Thursday... -
Davos Forum invites LG Chem chief for his climate change plansIndustryJan 20, 2021LG Chem Vice Chairman and CEO Shin Hak-cheol has been invited to the World Economic Forum in Davos, Switzerland, to share the company’s strategies on the climate change. According to South Korea’s l... -
Korea’s battery industry powers through pandemicIndustryJan 18, 2021South Korea is projected to set a new record in rechargeable battery exports this year. Overseas shipment of rechargeable batteries is expected to grow 5.7 percent from a year earlier to reach a rec... -
Hyundai Oilbank to launch solar panel material businessIndustryJan 14, 2021Hyundai Oilbank said Thursday it will begin the production of a raw material for solar panels to seek a new growth engine in the renewable energy industry amid sluggish demand for petrochemical produ... -
LG, Samsung spearhead OLED patents in South KoreaIndustryJan 14, 2021LG companies applied for the most number of patents for organic light-emitting diode materials in South Korea, new data showed. LG companies, including LG Display and LG Electronics, lodged a total ... -
![[CES 2021] Auto parts players aim high for future mobility](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/01/13/20210113000352_0.jpg)
[CES 2021] Auto parts players aim high for future mobilityIndustryJan 13, 2021MCNEX, the world’s fifth largest automobile camera maker, touted its advanced sensing technology co-developed with an Israeli camera technology company Corephotonics, which was acquired by Samsung El... -
LG Energy Solution batteries set to power Amazon cargo trucksIndustryJan 13, 2021Some of Amazon’s planned 100,000-strong fleet of electric delivery vehicles will likely be powered by LG Energy Solution batteries, according to a recently-revealed deal between the US e-commerce gia... -
Foreign investment pledges shrink 11% in 2020IndustryJan 12, 2021Foreigners’ investment pledges to South Korea dropped 11.1 percent last year due to the effects of the coronavirus outbreak, government data showed Tuesday. According to the Ministry of Industry, Tr...
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