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NEWS TAGGED SOUTH KOREA
Monday 17 January 2022
China exports of electric buses to South Korea on the rise
South Korea imported 285 China-produced electric buses during January-November 2021, an increase of 117.6% on year, according to a media report that cited South Korea's Ministry of...
Monday 17 January 2022
LGES to invest US$7.5 billion in expanding capacity
LG Energy Solution (LGES) is gearing up for the largest IPO in South Korea's stock market, attracting oversubscriptions this week. In a recent online press conference, the company...
Thursday 13 January 2022
Automakers take initiative to mitigate auto chip shortage
A chip shortage arising from the COVID-19 pandemic has slammed global carmakers, forcing them to seek solutions at the same time. As a result, some companies have considered or started...
Thursday 13 January 2022
KIA sets up EV6 charging stations at dealership in Taiwan
Kia is displaying its battery-powered EV (electric vehicle), EV6, and single-vehicle charging piles at the Kia EV6 Cafe, located at Taipei 101. The south Korean carmaker has seen...
Monday 10 January 2022
Gotion looks to bring LFP production to US
China-based LFP battery supplier Gotion announced in late December that Gotion US has sealed a large order with a top American carmaker without revealing who it is. In the announcement,...
Tuesday 4 January 2022
Simmtech complements semiconductor supply chain in Penang
There is no sign of South Korean-based Simmtech Holdings (Simmtech) holding back on building its first large-scale factory in Southeast Asia despite the ongoing pandemic.
Tuesday 4 January 2022
Samsung keen to beat TSMC in GAA process segment
Samsung Electronics is eyeing to be the first foundry to adopt gate-all-around (GAA) technology with its 3nm nodes scheduled for 2022, while TSMC's 3nm FinFET technology is unlikely...
Tuesday 4 January 2022
RCEP helps auto suppliers cut costs
The Regional Comprehensive Economic Partnership (RCEP) taking effect on January 1, 2022 is likely to enhance regional trade of automotive components and products such as electric...
Monday 3 January 2022
Hyundai hikes car prices amid carflation
Carmakers are raising car prices as supply of batteries and semiconductors falls short and demand for EV causes "carflation." South Korea's battery prices are rising for the first...
Thursday 30 December 2021
Highlights of the day: A semiconductor supply chain cluster can be seen in US
Many Taiwan-based cleanroom and equipment and facility suppliers will come with TSMC to the US to build a semiconductor...
Thursday 30 December 2021
SSangyong Motor partners with BYD for EV batteries
SSangyong Motor is working with BYD to make EV batteries that will be equipped in its new U100 EV, an effort to expand the presence of electricity-powered vehicles in its product...
Thursday 30 December 2021
SK On puts IPO on hold till at least 2023
LGES and SK On employ very different strategies when it comes to going public. While the former is scheduled to go public in January 2022, the latter recently announced that it has...
Thursday 30 December 2021
LG develops biometric recognition technology for keyless car ignition
LG Electronics has developed a new biometric recognition technology that enables car owners to ignite their vehicles without using a key by identifying their facial expressions and...
Thursday 30 December 2021
Building trust in the edge devices: Interview with the CEO of CollaboGate
IoT devices, on one side, offer extended features and functionality; on the other side, they are well-known with weaknesses and vulnerabilities. With its solution, Tokyo-based CollaboGate...
Tuesday 28 December 2021
Hyundai to launch six more EVs in India by 2028
South Korean carmaker Hyundai is investing INR400 billion (US$530 million) in EV R&D in India and planning to launch six new electric cars by 2028, ranging from entry-level models...