Gas to Power

Electronics Samsung unveils upgraded AI-powered OLED TVs

Samsung Electronics Co. on Monday showcased its new lineup of organic light-emitting diode (OLED) TVs with advanced artificial intelligence features...

Automobiles Hyundai premieres all-new NEXO, reinforcing hydrogen power

Hyundai Motor Co. on Thursday unveiled the all-new NEXO, the first full-change model of the fuel cell electric vehicle (FCEV) since its launch in 20...

Energy Doosan Enerbility wins $1.5 bn in orders from Saudi Arabia

Doosan Enerbility Co., South Korea’s leading gas turbine maunfacturer for power plants, said on Thursday that it has secured a combined $1.5 b...

Korean chipmakers Magnachip to sell display business in H1 to focus on power semiconductors

South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the end of the first half as part of a strategic shift to...

Shipping & Shipbuilding HD Hyundai to invest $206 mn to develop SMR ship

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), an intermediary shipbuilding holding company of HD Hyundai Co., will invest up to 30...

Energy Trump-driven energy boom spurs Korean firms to hike US gas investments

WOODFORD, Oklahoma – A shale gas field in Woodford, Carter County was bustling with activity on Feb. 25.A team of engineers oversaw the drilli...

Business & Politics Trump says Korea interested in Alaska gas project; Korean firms skeptical

South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...

Energy Doosan Enerbility bags $200 mn Qatar power plant EPC deal

Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortiu...

Automobiles Hyundai CEO Muñoz named MotorTrend Person of the Year

South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the most powerful figure in the in...

Energy Korea’s OCI, Israel’s Arava Power to jointly build solar cell plant in Texas

OCI Energy Co., a US subsidiary of South Korea’s OCI Holdings Co., and Israel’s Arava Power will jointly build a solar cell power plant ...

Artificial intelligence AI data center with up to 3 gigawatts of power envisioned for South Korea

An investor group is planning one of the world’s largest data centers for artificial intelligence in South Korea, a sign of red-hot AI de...

Shipping & Shipbuilding HD Korea Shipbuilding premieres nuclear-powered ship design

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), the parent of the world’s largest shipbuilder HD Hyundai Heavy Industries Co.,...

IPOs Doosan Skoda Power eyes Czech IPO, aims to raise $111 million

Doosan Skoda Power, the Czech-based power plant equipment-making unit of South Korea’s Doosan Enerbility Co., plans to list its shares on the ...

Electronics Samsung Electronics' new Galaxy S25 smartphone: 'Perfect AI assistant'

SAN JOSE, Calif. – Last year, Samsung Electronics Co. scored a first-mover advantage with consumers by introducing the Galaxy S24 as an AI sma...

Energy Hanwha Q Cells sells two solar power plant projects in US

Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Wednesday that it sold its two large-scale sola...

Mergers & Acquisitions Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion

Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...

Robotics Samsung joins humanoid robots race with larger stake in Rainbow Robotics

Samsung Electronics Co. has become the largest shareholder of Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant spen...

Shipping & Shipbuilding Hanwha Ocean, another Korean shipbuilder win $951 million WTIV deals

Hanwha Ocean Co. and another major South Korean shipbuilder have won deals worth a combined 1.4 trillion won ($951 million) to each build a wind tur...

Batteries HD Hyundai Infracore to invest $79.6 mn in engine, battery pack

South Korea's HD Hyundai Infracore Co. said on Monday it signed a memorandum of understanding (MOU) with North Jeolla Special Self-Governing Provinc...

Electronics Samsung Electronics brings AI heat pump EHS to US HVAC market

South Korean tech giant Samsung Electronics Co. is unveiling an AI-powered home heat pump system at the upcoming CES 2025 event as it strives to boo...

Mergers & Acquisitions Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn

South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...

Korean startups TALOS dives deeper into brain aneurysm icebergs

 A single neurosurgeon dedicates his or her entire professional career to performing surgeries on an average of fewer than 10,000 patients with...

Artificial intelligence SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs

South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analys...

Mergers & Acquisitions Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn

Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung Chemical Corp. for ...

Electronics Samsung unveils AI-powered Galaxy Book5 Pro to take on Apple’s MacBook

Samsung Electronics Co. on Thursday unveiled its new Galaxy Book5 Pro, packed with various AI functions, to compete with archrival Apple Inc.’...

Korean startups NXN Labs aims to be Adobe of image generation AI

South Korean tech giant Naver Corp.-backed NXN Labs Inc., the developer of an artificial intelligence-powered image generation program, aspires to b...

Batteries POSCO, Hancock seek to jointly build lithium plant

POSCO Holdings Inc. on Tuesday signed a memorandum of understanding with Hancock Prospecting, an Australian mining company, to build a plant to annu...

Energy Samsung C&T, Hitachi Energy to team up for HVDC projects

South Korea's Samsung C&T Corp. said Monday it signed a memorandum of understanding (MOU) with Sweden's Hitachi Energy to cooperate for high-vol...

Energy Samsung C&T, Sweden's Karnfull Next to team up for SMR

South Korea's Samsung C&T Corp. said Friday it signed a memorandum of understanding (MOU) with Swedish energy company Karnfull Next AB to jointl...

Food & Beverage Nongshim captures young consumers in Indonesia

South Korea's instant noodle giant Nongshim Co. said on Tuesday it held Shinsational Day event in Jakarta, Indonesia. On November 15, Nongshim ...