zoned universal flash storage

Corporate strategy Samsung seeks tech alliance with top US universities for robotics, AI, 6G

In an ambitious bid to shape the future of technology, Samsung Electronics Co. is launching a sweeping initiative to collaborate with elite North Am...

Banking & Finance Shinhan to lead financing for battery storage project in Japan

Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...

Hydrogen Hylium to supply liquefied hydrogen storage tanks to AirFirst

Hylium Industries Inc., South Korea’s hydrogen liquefier manufacturer, has signed a deal to supply high-capacity liquefied hydrogen storage ta...

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...

Economy Political crisis ups downside risk to S.Korea’s economy: S&P, Moody’s

Global credit rating agencies are warning of looming downward pressure on South Korea’s sovereign credit rating about a month after Asia&rsquo...

Mergers & Acquisitions Yanolja launches NOL Universe after merging OTA platforms

SoftBank-backed Yanolja Co., South Korea’s top travel and accommodation booking platform operator, on Friday introduced a new platform called ...

Energy Korea’s OCI, US partner CPS Energy sign 20-year energy storage deal

South Korean solar cell company OCI Holdings Co. said on Tuesday it has signed a deal with US power supplier CPS Energy to jointly build a 120-megaw...

Batteries Korea Zinc, Hanwha to co-work on Austrailian BESS project

Korea Zinc Inc., the world’s top lead and zinc smelter, said on Tuesday its Australian subsidiary Ark Energy selected Hanwha Corp. as the pref...

Construction & Planning Samsung E&A wins $214 mn petrochem plant contract in Qatar

Samsung E&A Co. said on Friday that it won a contract for the RLP ethylene storage plant construction project in Qatar, valued at 300 billion wo...

Logistics CJ Logistics opens cold-chain logistics center in Georgia

South Korea's CJ Logistics said on Thursday that it completed the construction of a large-scale cold-chain logistics center in the US and has begu...

Future mobility South Korea to designate Jeju as flying taxi pilot service zone

South Korea will designate its resort island Jeju a test operation zone for flying taxis as part of the country’s national urban air mobility ...

Korean chipmakers Samsung mass-produces QLC V9 NAND to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it has begun mass production of a 286-layer high-capacity NAND...

Retail Shinsegae Duty Free opens premium store at Incheon Airport

South Korea's Shinsegae Duty Free launched a premium store at Incheon International Airport, aiming to counter the decline in downtown duty-free sal...

Business & Politics Hyundai Motor Group to nurture young talent in Indonesia

Hyundai Motor Group said on Wednesday that it held the inaugural ceremony for the first cohort of H-Jump School Indonesia in Jakarta, Indonesia, the...

Entertainment Korea’s Everland to lure horror fans with Netflix series

Everland, South Korea’s largest theme park, is set to lure horror movie fans at home and abroad with famous fright series such as “Stran...

Companies Samyang Roundsquare to recruit foreign interns

Samyang Roundsquare, the holding company of South Korea's Samyang Group, said on Friday that it recruits foreign interns with the potential for full...

Carbon neutrality SK Earthon wins Australian carbon storage exploration rights

SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., will spe...

Real estate Korea's warehouses suffer oversupply, rising vacancies

Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate...

Electronics LG Elec opens LG Labs experience pop-up zone

LG Electronics Inc. announced on Wednesday that it will operate the "Wow Life's Good Lab" pop-up zone at Ground 220 in Yeongdeungpo-gu, Seoul, until...

Aerospace & Defense Hanwha, Univ. of Surrey to team up for space business

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a memorandum of understan...

Shipping & Shipbuilding HD KSOE partners with University of Michigan to foster US ship engineers

South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has joined hands with the University of Michigan-Ann Arbor (UM) a...

Mergers & Acquisitions Brokerage firm Hanyang Securities' 11.3% stake up for sale

South Korea’s Hanyang University Foundation has decided to sell 11.3% of common shares and all the preferred stocks it holds in brokerage arm ...

Retail Coupang opens Rocket Growth seller website

Coupang Inc., South Korea’s largest e-commerce platform, announced on Tuesday that it opened a dedicated website for sellers (sell.coupang.com...

Metaverse LG Uplus, GIST to build metaverse campus

South Korea's LG Uplus Corp. announced on Thursday a business agreement with the Gwangju Institute of Science and Technology (GIST) to develop a uni...

Korean chipmakers Samsung to unveil QLC-based NAND in H2 to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the second half to lead...

Electric vehicles Hyundai Motor, Kia to develop alternative to rare earth materials

Hyundai Motor Co. and Kia Corp. have partnered with South Korea's universities to secure materials for vehicle electrification components.Hyundai Mo...

Pension funds NPS corp governance committee taps SNU professor as member

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

Metaverse LG Uplus unveils Yonsei Univ. Metaverse Campus

South Korea's LG Uplus Corp. announced on Tuesday that its university metaverse platform Uverse unveiled a dedicated metaverse campus called Meta Yo...

Steel POSCO DX builds logstics system for fulfillment center

POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Monday that it established the first fulfillme...

Electronics Samsung showcases The Freestyle Zone at camping festival

Samsung Electronics Co. announced on Friday that it set up the experience zone for the portable screen The Freestyle Second Generation at the Go Out...