Blue Plug

Aerospace & Defense Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...

Korean stock market Korea’s Nextrade stock exchange debuts; YG Entertainment tops 1st day

South Korea’s first alternative stock exchange Nextrade (NXT) started trading on Tuesday, challenging the Korea Exchange’s (KRX) long-st...

Energy SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell

SK Innovation E&S (SKI E&S), the natural gas business unit of South Korea’s SK Innovation Co., is set to begin an LNG trading business...

Korean stock market Alternative stock exchange Nextrade to launch on March 4

Nextrade, South Korea’s first alternative stock exchange, enabling trading of stocks listed on the Kospi and the Kosdaq for 12 hours a day is ...

Korean chipmakers SK Hynix starts mass production of 321-High NAND

SK Hynix Inc., the world’s second-largest memory chipmaker, announced on Thursday the mass production of its 321-layer 1-terabit (Tb) triple...

Korean stock market KRX launches Korea Value-up Index featuring 100 best practice firms

South Korea’s securities exchange operator, Korea Exchange, launched a new corporate value-up index on Tuesday, a key plank for the government...

Automobiles Hyundai IONIQ 6 named best EV by Kelley Blue Book

Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the best electric vehicle (EV) by Kelley Blue Book, the US vehicle valuation and automotiv...

Energy KOGAS executes first simultaneous LNG bunkering in Korea

South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried out the country’...

Electric vehicles Lamborghini unveils 1st plug-in hybrid SUV Urus SE in Korea

Italian sports car maker Lamborghini S.p.A. on Tuesday unveiled the Urus SE, its first plug-in hybrid super sport utility vehicle, in South Korea, t...

Aerospace & Defense Perigee, SSC to cooperate on space launch vehicle

South Korea's small space launch vehicle startup Perigee Aerospace Inc. announced on Wednesday that it partnered with the Swedish Space Corporation ...

Korean stock market Foreign buying of Korean stocks hit record high in Q1

Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...

Aerospace & Defense Perigee, Philippines gov’t to recycle small launch vehicle

South Korea's Perigee Aerospace Inc. announced on Tuesday that it has discussed collaboration with the Philippine Space Agency (PhilSA) for the laun...

Hydrogen economy POSCO Int’l teams up with UAE for blue hydrogen

POSCO International Corp. and POSCO Holdings Inc. announced on Wednesday that they signed a strategic collaboration agreement (SCA) with the Abu Dha...

Aerospace & Defense Hanwha Ocean to join Canadian patrol submarine project

South Korea's shipbuilder Hanwha Ocean Co. secured a memorandum of understanding (MOU) with four Canadian submarine tech firms at Deep Blue Forum 20...

Petrochemicals HD Hyundai Oilbank changing into eco-friendly energy entity

South Korea's HD Hyundai Oilbank is transforming from a petroleum and oil refinery company into an eco-friendly energy entity through diversificatio...

Hydrogen economy POSCO seeks partnership with CF Industries to produce blue ammonia

South Korea’s POSCO Holdings Inc. is seeking to produce blue ammonia in partnership with CF Industries Holdings Inc., the world’s larges...

Artificial intelligence Kakao Mobility to build mobility-customized GenAI platform

South Korea's Kakao Mobility has announced a vision to build an evolved platform with generative artificial intelligence (GenAI) specialized for mob...

Electronics Samsung’ Galaxy Tab selected as top tablet in Australia

Samsung Electronics Co.'s tablet Galaxy Tab has secured the top spot in consumer satisfaction in Australia.According to Samsung Electronics on Monda...

Korean games Nexon launches hit RPG Blue Archive in China

South Korea’s major game company Nexon Co. on Thursday said it officially released on the Chinese market Blue Archive, a subculture mobile rol...

Hydrogen economy SK E&S, Plug Power to strengthen hydrogen partnership

South Korea's SK E&S Co. and Plug Power, a global hydrogen solutions provider, have reinforced their commitment to accelerating the developmen...

Hydrogen economy E1 to invest $75 mn in Canadian blue ammonia project

South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. said on Tuesday its plans of investing 10 million Canadian dollars (US ...

Korean games S.Korean game companies to launch new offensive in China

Major South Korean game companies such as Nexon, Netmarble Corp. and Smilegate from this month will roll out new titles on the Chinese market. ...

Korean games South Korean game developers expand business with IPs

South Korean game developers are expanding their business portfolios through their intellectual property to boost profits with a goal to create glob...

Energy HD Hyundai Oilbank to build eco-friendly power plants

South Korea's HD Hyundai Oilbank is pursuing the construction of eco-friendly power plants powered by liquefied natural gas and blue hydrogen.The co...

Airlines Jeju Air CEO sees Korea-Indonesia routes as blue ocean

South Korea’s largest low-cost carrier (LCC) Jeju Air Co. will make the most of the post-pandemic recovery in travel demand by exploring South...

Hydrogen economy Korea's SK E&S plans $14 bn joint investment in hydrogen biz

South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...

Korean games Nexon Games’ Blue Archive surpasses 1 million pre-registrants in China

South Korea’s Nexon Games Co. on Wednesday said the number of pre-registrants for its strategy role-playing game Blue Archive exceeded one mil...

Carbon neutrality Lotte Fine Chemical, OCI Global join hands for clean ammonia business

Lotte Fine Chemical Co., a subsidiary of Lotte Chemical Corp., and Europe’s No.1 clean ammonia producer OCI N.V., or OCI Global, will collabor...

Energy SK Materials joins forces with ExxonMobil in blue ammonia sector

South Korea's SK Materials will enter the blue ammonia market in partnership with global energy giant ExxonMobil.SK Materials on Wednesday said it s...

Electronics Samsung's Galaxy S23 obtains Canstar Blue's Most Satisfied Customers award

Galaxy S23, the latest mobile handset of South Korea's electronics giant Samsung Electronics Co.,  obtained the Canstar Blue 2023 Most Satisfie...