sodium cooled fast reactor

Energy HD Hyundai, TerraPower to commercialize next-gen SMR

South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture f...

Corporate bonds S.Korea’s corporate bond market cools amid poor earnings

Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this month amid grim...

E-commerce Korean e-commerce platforms’ growth cools; Naver Shopping sales down

South Korea’s major e-commerce platforms, including Naver Shopping, are showing signs of slowing growth amid the rise of Chinese platform gian...

Energy KHNP, Westinghouse end legal dispute; Korea nears Czech nuclear deal

South Korea's state-run Korea Hydro & Nuclear Power Co. (KHNP) said on Friday it has reached an agreement with US-based Westinghouse Electric Co...

Korean Innovators at CES 2025 LG Electronics, Microsoft sign strategic partnership on AI agents

LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has signed a strategic partnership with US tech giant Micros...

Energy Korea bags Romanian project to refurbish nuclear reactor

Korea Hydro & Nuclear Power Co. (KHNP) on Thursday inked a final agreement with Romania’s Societatea Nationala Nuclearelectrica (SNN) to r...

Energy Doosan Enerbility to supply TerraPower's SMR equipment

South Korea's Doosan Enerbility Co. said on Thursday it signed a contract with TerraPower to supply the equipments for small modular reactor (SMR).T...

Korean chipmakers Samsung foundry ‘relief pitcher’ Han Jin-man vows to improve 2-nm yields

Samsung Electronics Co.'s new contract chipmaking business chief said on Monday he will go all-in to improve the company’s advanced 2-nanomete...

Electronics LG unveils AI-powered commercial washers, dryers in renewed B2B push

South Korean home appliances giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business (B2B) marke...

Construction & Planning Hyundai E&C signs engineering deal for two nuclear reactors in Bulgaria

South Korea’s Hyundai Engineering & Construction Co. has signed a nuclear power plant design contract with Bulgaria's state nuclear power ...

Energy Czech anti-trust body puts signing of nuclear power deal on hold

The Czech anti-trust body put a temporary block on the conclusion of a contract with Korea Hydro & Nuclear Power Co. (KHNP) for the construction...

Asset management Hana Financial’s Hana The Next: New financial services tailored for seniors

As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...

Fashion Uniqlo expands in Korea as No-Japanese boycott wanes

Uniqlo Co., a Japanese fast fashion brand, is vigorously expanding brick-and-mortar stores in South Korea, attracting budget-conscious consumers ami...

Energy Korea's SK Energy to start commercial operations of SAF production line

SK Energy Co., South Korea’s largest oil refiner, is set to start commercial operations of a production line for sustainable aviation fuel (SA...

Energy Hanwha Aerospace, SK Enmove develop fireproof ESS

South Korean companies have joined forces to develop the world’s first fireproof energy storage system (ESS) powered by liquid immersion cooli...

Banking & Finance Kookmin to tighten loan limits to cool housing market

Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...

Energy South Korea to develop gas-cooled reactor with POSCO, SK, Daewoo

South Korea has embarked on a 44.5 billion won ($32.3 million) project to jointly develop an advanced gas-cooled nuclear reactor with related domest...

Aerospace & Defense Hanwha Ocean wins $332 mn ship order from S.Korean Navy

South Korea's Hanwha Ocean Co. announced on Thursday that it was selected as the preferred bidder for the second auxiliary oiler replenishment (AOE)...

Batteries SK ties up with BlackRock-backed Korean startup for EV chargers

SK Signet Inc., South Korea’s electric vehicle charger manufacturer, joined hands with a local renewable energy startup backed by global asset...

Energy POSCO E&C, KAERI to collaborate on HTGR techs

South Korea's POSCO E&C said on Monday that it signed a memorandum of understanding (MOU) with the Korea Atomic Energy Research Institute (KAERI...

Artificial intelligence Korea’s edtech startups defend against global giants with AI

South Korea’s major online adult education platforms improved their earnings powered by classes on artificial intelligence, defying concerns o...

Batteries EcoPro BM in talks to produce sodium-ion battery cathodes

MUNICH, Germany – EcoPro BM Co., a South Korean cathode material producer, is in close discussion with a domestic carmaker to produce cathode ...

Energy Hyundai E&C, KAERI partner to commercialize next-gen reactors

Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Wednesday that it signed a public-private partnership agreement for the so...

Aerospace & Defense Hanwha picked to develop KF-21’s unmanned escort plane radars

Hanwha Systems Co., a South Korean aerospace and defense contractor, has been picked as a preferred developer by the state-run Korea Institute for D...

Energy SK-backed TerraPower breaks ground on nuclear power plant in US

Bill Gates’ nuclear energy firm TerraPower LLC, backed by South Korean conglomerates SK Inc. and HD Hyundai Co., has broken ground on its firs...

Batteries LG Energy, ADI tie up for fast-charging EV battery technologies

LG Energy Solution Ltd., the world’s No. 3 electric vehicle battery maker, joined hands with US chipmaker Analog Devices Inc. (ADI) on advance...

Korean food Overseas Korean food fans choose soju, bibimbap as favorites

South Korea’s soju and bibimbap are respectively the most popular liquor and food among foreigners, according to survey results released by th...

Fashion Native Korean fast-fashion brands poised to snatch market

South Korea’s homegrown fast-fashion brands are expected to continue making big strides at home as cost-conscious consumers shifted toward mor...

Batteries Aekyung Chemical develops hard carbon of SIB

South Korea's Aekyung Chemical Co. announced on Wednesday that it developed a high-performance hard carbon material that functions as the main anode...

Korean chipmakers Samsung to mass-produce industry’s fastest LPDDR5X DRAM in H2

South Korean tech giant Samsung Electronics Co. said on Wednesday it has developed an LPDDR5X DRAM chip that supports the industry’s fastest d...