The South Korean government plans to ease rules and regulations in the battery, EV and energy industries. This is expected to attract the equivalent of US$2.1 […]

The South Korean battery industry is taking further steps in the development of lithium iron phosphate (LFP) batteries. SK On presented a corresponding prototype at the […]

Doosan Enerbility, the energy arm of South Korea’s Doosan Group, is focusing on new materials for small-scale nuclear reactors (SMRs) and boosting its liquid hydrogen business, […]

South Korean company Kumho Tire is supplying the Crugen EV HP71 for the initial fitting of Volkswagen’s ID.4 e-SUV. The Volkswagen ID.4 is in the top […]

South Korea’s LG Electronics is planning to expand its business into the growing market of so-called private or local 5G networks. This move is intended to […]

On April 26, 2023 a meeting took place at the Frankfurt office of MPR International GmbH with the experts on explosion protection from the Korean Occupational […]

Together with other partner companies, SK Telecom Co. is developing artificial intelligence robots to take over surveillance tasks of security guards patrolling schools and factories. According […]

South Korea’s largest airport in the capital Seoul, Incheon International Airport, is taking a big step towards environmental friendliness: a large filling station for liquid hydrogen […]

In order to promote the country’s hydrogen economy, the South Korean government plans to introduce a hydrogen certification system in 2024 that takes into account hydrogen […]

South Korean electronics giant Samsung Electronics Co. unveiled its latest soundbar in the premium audio space in mid-March 2023. The technology it contains is designed to […]

By the end of 2022, a total of more than three million imported vehicles were registered in South Korea, according to government data. This shows that […]

Direct investment from abroad in South Korea, known as “foreign direct investment” or “FDI” for short, reached a new high last year in 2022. As per […]

Hyundai Engineering & Construction and Hyundai Engineering have formally launched a project to construct the most extensive petrochemical facilities to date in Ulsan, South Korea, known […]

Products aimed at children from international luxury brands such as Burberry, Moncler and Dior are growing in popularity in South Korea. This is reported by the […]

Back in December 2022, South Korean tyre manufacturer Hankook Tire signed a memorandum of understanding with Daeyoung Chaevi (referred to as “Chaevi” in the following text). […]

Back in 2018, the South Korean company SK On received an order from a global car manufacturer to develop an EV battery with fast charging within […]

SK Group’s natural gas division, SK E&S presented sustainable energy solutions at CES, which took place in January. At the US tech show in Las Vegas, […]

SK Group’s chemicals and materials business, SKC Co, unveiled a range of new products at CES. At the tech show, which took place in Las Vegas […]

Lotte Chemical has joined forces with RWE, a German energy giant, and Japan’s Mitsubishi Corp. to form a world-wide partnership focused on clean ammonia. This partnership […]

LG Electronics and automotive supplier Magna announced in early January that they will strengthen their cooperation in the field of autonomous driving. The two companies are […]

SK Innovation showcased various products and technologies in the field of “green innovation” at the US technology show. Visitors were able to see recycled batteries, plastic […]

Despite the ongoing semiconductor scarcity, import vehicle sales in South Korea increased last month by 24 percent compared to the same month last year. According to […]

The South Korean company Hydrolux recently unveiled the development of a new storage method for hydrogen with high safety and efficiency. The so-called Hydrolux alloy is […]

Samsung Electronics Co, the world’s largest memory chip maker, is planning factories with no or only a few workers in the future. Other South Korean manufacturers […]

The Ministry of Trade, Industry and Energy (MOTIE) released plans to test blending hydrogen into the gas supply for residential buildings. This step comes as part […]

Several Korean authorities and certification institutions will be closed for Christmas and New Year Holidays. The holidays will be on December 25, 2022 and on January 01, 2023 respectively. This […]

The two South Korean corporations Hyundai Motor Group and Lotte Group will work together in the future to expand and develop the charging infrastructure for EVs. […]

Leading South Korean automaker Hyundai Motor Co. is building more solar cell power supply facilities at its main Ulsan plant. With this, the company plans to […]

The relevant Ministry of Trade, Industry and Energy on Nov. 1 released a plan to increase South Korea’s share of the global rechargeable battery market to […]

South Korea’s LG Electronics, the world’s leading home appliance maker, is accelerating the expansion of its robotics applications in the so-called “smart logistics” sector with the […]

Hyundai Rotem has supplied a hydrogen extractor to a fusion charging station that produces and pumps hydrogen, using biogases from food. The station can produce over […]

For the third year in a row, experts in battery solutions from industry and academia came together at Future Battery to talk about the latest issues […]

South Korean display machinery manufacturers are suffering from disruptions in the global supply chain, reports The Korea Economic Daily in its online site KED Global. The […]

The South Korean government reduced import tariffs on 26 key industrial products this year, including liquefied natural gas (LNG). The Ministry of Economy and Finance justified […]

South Korea’s Samsung Electronics and LG Electronics will soon offer customers access to full-fledged computer games via a cloud-based streaming solution with their TVs. Spokespeople for […]

South Korea’s LG Chem, the chemicals business unit within the LG Group, is investing the equivalent of around US$400 million in the modernization and expansion of […]

Battery manufacturer Northvolt recently announced the successful development of a Type 2170 round cell and plans to mass produce it soon. The specification 2170 means a […]

In July 2022, Samsung Electronics Co. unveiled an improved storage medium that significantly reduces computing time and power consumption. The storage medium is called the second […]

In South Korea in 2021, the number of imported new cars each priced above 100 million won (about $81,000) was more than 59,000 units. This represents […]

This year’s team event of MPR International took place on September 14, 2022. After a long time of planning, a date was found where all members […]

South Korean machinery maker SFA, previously active in manufacturing machinery for the display screen industry, plans to expand its business to include semiconductors, batteries and logistics. […]

South Korean company Coway, a specialist in water and air filters, recently unveiled the second generation of its Icon Water Purifier water filter. Consumers in South […]

Specifically, the two divisions are the chemicals and recycling divisions of SK, South Korea’s second-largest conglomerate. As reported by Pulsenews, the collaboration with new global partners […]

South Korea, the United States and 16 other countries established a working alliance in May to accelerate cooperation in the development of the hydrogen industry, an […]

South Korean company Hyundai Engineering is stepping up its activities in micro-reactors (SMR) and hydrogen generation. As a result, Hyundai hopes to lead the way in […]

Samsung Electronics, LG Electronics, SK Telecom, KT, Kia and other well-known companies from South Korea were among the exhibitors at the World IT Show in April […]

The South Korean company Lotte Chemical is investing the equivalent of 7.68 billion US dollars in the hydrogen and battery materials business areas by 2030. In […]

TVs with OLED displays will account for about 40 percent of all premium sets sold this year, Pulsenews Korea reports. This makes the technology a standard […]

Korean companies Samsung Electronics and LG Electronics are looking to launch more home appliances with functions for pet owners. This is in response to the growing […]

The “Special Act on the Safety of Children’s Products”, in short “Children’s Products Act”, is one of the most important South Korean regulations on the requirements […]

Samsung SDI could soon be one of the few vehicle battery manufacturers to operate a pilot plant for the production of solid-state batteries. To this end, […]

German company Merck plans to manufacture chemical mechanical polishing paste (CMP) in South Korea. Quality tests are currently underway with the CMP for customers in South […]

The Advanced Materials division of the South Korean Hyosung Group is expanding the production of carbon fibers. To this end, a third production line is being […]

POSCO Group, the world’s sixth-largest steelmaker, announced March 14 the start of construction of a solid electrolyte plant in Yangsan, about 420 km southeast of Seoul. […]

After 25 years, South Korea’s second-largest automaker Kia plans to build a new plant to produce purpose-built vehicles, or PBVs. In doing so, the company aims […]

South Korea’s leading energy sector consulting firm, Energy Innovation Partners (EIP), recently formed a joint venture with an energy company and digital infrastructure developer. The joint […]

Back in December 2021, South Korea’s Hyundai Motor Group unveiled the world’s first hydrogen-powered garbage truck in a YouTube video. The truck’s body is no different […]

In June and July 2022, the Hanover Chamber of Commerce and Industry (IHK) will offer a series of online seminars created and conducted by us, MPR […]

South Korea’s Korea Zinc Co. is considered the country’s leading lead and zinc smelter and plans to double its production capacity of nickel sulfate. The raw […]

For decades, South Korea’s four major oil refinery operators set an example for the entire industry in terms of upgrading their facilities. These multi-billion dollar investments […]

Korean battery maker LG Energy Solution is expanding its production of cylindrical cells in Korea and China. That’s according to a securities report LG Energy Solution […]

Hyundai Engineering Co, the construction unit of South Korea’s Hyundai Motor Group, is investing the equivalent of $336 million to build a plant to produce hydrogen […]

Construction equipment manufacturer Doosan Bobcat Inc, a subsidiary of South Korean conglomerate Doosan Group, recently unveiled the future of excavators at CES 2022 in the form […]

South Korean company Bodyfriend Co, the world’s largest massage chair manufacturer, was in the spotlight at this year’s Consumer Electronics Show (CES) in Las Vegas due […]

POSCO, a conglomerate, has established the first neon gas production facility in South Korea. Neon is a noble gas and is required for the production of […]

LG Chem broke ground on the world’s largest cathode material production facility on 11 January 2022 in Gumi, North Gyeongsang Province. The company is investing the […]

South Korean refiner Hyundai Oilbank Co. is planning to build an environmentally friendly power plant that will run on liquefied natural gas (LNG) and hydrogen. This […]

South Korea’s Doosan Group is aiming to become a major player in the market for so-called “cobots” – robots that work directly with or assist humans […]

South Korea’s largest carmaker Hyundai Motor Co. is using virtual reality (VR) to design and test its new car model before the start of mass production […]

Back in February 2021, South Korea declared that it would become one of the world’s top five players in offshore wind turbines. However, it was recently […]

The Korea Gas Corp. (KOGAS) plans to transform itself from a natural gas supplier into a hydrogen technology provider. The state-owned company made the announcement at […]

South Korean battery manufacturers LG Energy Solution and Samsung SDI are working on EV batteries without cobalt, according to Business Korea. Competitor SK On, on the […]

Hyundai Mobis is investing the sum of 1.09 billion US dollars in further production facilities in Incheon and Ulsan for the manufacture of fuel cells. On […]

South Korean autonomous driving start-up 42dot attracted investors’ attention with its advanced AI technology. Strategic and financial investors value the start-up at $434 million. In a […]

The SK E&S subsidiary of conglomerate SK Group is entering the logistics business with drones powered by hydrogen. To do so, the company will first promote […]

The president of GM, Mark Reuss, recently said that his company wants to continue producing combustion engines or improve them. Nevertheless, he said, the company will […]

Hyundai Mobis Co, the auto parts manufacturer of Hyundai Motor Group, is working on a technology that allows vehicle wheels to rotate 90 degrees. This allows […]

Doosan Fuel Cell Co. will be working together with SK Energy Co. in the hydrogen business. To this end, the US managing director of Doosan Fuel […]

Several Korean authorities and certification institutions will be closed for Christmas and New Year Holidays. The holidays will be on December 25, 2021 and on January […]

The MPR Group looks back on an extremely successful 2021, even with the ongoing Covid-19 challenges. Many of our clients had to deal with delivery bottlenecks, […]

South Korea’s third-largest conglomerate SK Group plans to invest around 12 billion US dollars in so-called green industries over the next five years. This is the […]

The number of eco-friendly vehicles sold in South Korea passed the important 200,000-unit mark for the first time in September, Pulsenews reports. Thanks to generous government […]

Business Korea reports new statistics showing that the country remains heavily dependent on imports of robot components. Many components for the robotics industry are provided with […]

The groundbreaking ceremony for the hydrogen liquefaction plant took place on 21 June in Ulsan with the participation of the two partners, Hyosung Heavy Industries and […]

US-listed e-commerce giant Coupang Inc recently reported its highest-ever quarterly revenue. On 12 August, the company, which is also known as the “Amazon of South Korea”, […]

South Korea’s leading chemical manufacturer, LG Chem Ltd, announced in mid-July that it would invest around 8.7 billion US dollars in battery materials as well as […]

A hydrogen-electric-powered tram developed by Hyundai Rotem will be trialled in the southeastern industrial and port city of Ulsan from 2023 as part of a government […]

A growing number of globally significant names in wind power are entering the South Korean market. In addition, domestic power companies are increasing their cooperation with […]

SK Group company SK Global Chemical is investing the equivalent of $510 million in Ulsan to build the country’s largest plastics recycling plant. The construction is […]

From September 29 to October 01, 2021, the Symposium on International Automotive Technology (SIAT) took place in India with a variety of informative expert presentations around […]

As the market share of imported cars continues to expand, demand for luxury vehicles with a price tag equivalent to more than $85,000 increased last year. […]

LG Display Co. plans to invest around $3 billion to double its manufacturing capacity for small and mid-sized OLED displays. The manufacturer is now looking to […]

The government reiterated its support for the domestic battery industry and related industries to develop them into a global export hit, similar to semiconductors and computer […]

Hyundai Motor has planned a remote charging system for battery-powered electric vehicles and has achieved approval by the Korean government, as announced this week. The government […]

Korea Gas Corp. (KOGAS) will soon begin producing liquid hydrogen using released cooling energy from its liquefied natural gas plant. KOGAS announced on May 30 that […]

South Korea’s third-largest conglomerate, SK Group, has named its subsidiary SK Gas Co. as the lead company for expanding its hydrogen business. In addition to building […]

Hyundai Motor Co. and Kia Corp. report a 42 percent year-on-year increase in sales of environmentally friendly new cars in their home country of South Korea. […]

Several Korean companies are entering wind power generation to take advantage of this global growth trend. POSCO Group plans to collaborate with Denmark’s Orsted, the world’s […]

A so-called supercycle for global memory chip availability, combining price increases and supply shortages, will continue through 2023. As a result, the world’s largest memory chip […]

The number of new Tesla vehicles registered in Korea reached 3,461 units in May. Of these, 3,328 were Tesla’s Model Y, which took the top spot […]

South Korea’s Doosan Heavy Industries & Construction (DHIC) is accelerating the development of environmentally friendly gas turbines that run on hydrogen. DHIC announced June 3 that […]

A groundbreaking ceremony was recently held in Gwangyang, Jeonnam Province, for the first lithium production facility in South Korea. For Posco, this step is another milestone […]

Lotte Group has decided to enter hydrogen production as a new business line and growth market. At the same time, this is expected to benefit the […]

Hyundai Motor Group has disclosed some of its specifications for semiconductors and computer chips and shared them with Korean chipmakers. Analysts believe that Hyundai is taking […]

At the beginning of June, the Korea Times had published a corresponding report based on information from the industry. According to the report, Hanwa Group is […]

The Korean Institute of Industrial Trade and Economics announced the related news on May 5, 2021: South Korea ranks third in the CIP index out of […]

New car sales in South Korea rose by double digits in January due to extended tax benefits and new models with environmentally friendly engines. The growth […]

Consulting firm Clarkson Research reported in early March that orders for 92 new ships were placed globally in the previous month. Of these, South Korean shipbuilders […]

Due to the auto industry’s shift to electric and self-driving vehicles, OLED displays are also increasingly being installed in models. Korea’s two largest display manufacturers, LG […]

According to multiple sources, Korea’s three largest retailers, Lotte, Shinsegae and Hyundai saw their sales increase an average of 87 percent year-over-year during the first weekend […]

For the first time, Mercedes-Benz and BMW outperformed smaller Korean automakers in sales figures. Therefore, the dominance of Hyundai Motor Group and the two German manufacturers […]

According to industry sources, Korea’s largest steelmaker Posco has now postponed repair work at its 3rd cold-rolled steel production facility in Gwangyang, South Jeolla Province until […]

The Korean Radio Research Agency (RRA) circulated new standards for KC EMC in their Announcement No. 2021-10 on February 8. The changes take effect three months […]

South Korean carmaker Hyundai Motor Group is accelerating the expansion of its charging infrastructure in preparation for numerous new electric-drive models scheduled for launch this year. […]

The Ministry of Trade, Industry and Energy released the corresponding figures on February 15. Automobile production increased 24.9 percent, domestic sales increased 18.4 percent and exports […]

During a visit to a pier for unloading ships inside the steel plant in Pohang, North Gyeongsang Province, Posco CEO Choi Jeong-woo made his own assessment […]

Posco Chemical Co, a subsidiary of South Korean steel giant Posco, mainly produces refractory materials and secondary base materials for batteries. To capitalize on the growing […]

SK hynix is stepping up its commitment to the semiconductor business to meet the current high global demand of computer chips. As the world’s second largest […]

South Korea will invest $999 million in self-driving car technology development projects and related infrastructure over the next few years. This was announced by a government […]

South Korea announced details in early February 2021 for plans to build the world’s largest offshore wind farm off the coast of Sinan, South Korea. The […]

According to a recent report, exports of electric cars from South Korea increased by 66 percent year-on-year. As a result, this sector bucked the general negative […]

Samsung’s construction business unit, Samsung C&T, plans to introduce next-generation smart home technology based on artificial intelligence (AI). The company plans to launch this technology next […]

The government announced an expansion of support for foreign companies based or doing business in South Korea in early February. In light of the pandemic, the […]

Despite falling numbers in global automobile sales, which declined by 14 percent last year, the South Korean market proved to remain strong with a growing number […]

The new production facility, named Bloom SK Fuel Cell Plant, is a joint venture between SK E&C and U.S.-based Bloom Energy, a global manufacturer of fuel […]

South Korean steelmaker POSCO announced through a press release in August 2020 that the company successfully started mass production of lead-free free cutting steel in June […]

The share price of South Korea’s LG Chem rose 3.57 percent on Oct. 22, 2020, the day Tesla announced higher profits than the market expected. Industry […]

The eye-catcher of the exhibition is the OLED display technology that LG has installed in numerous interior design and everyday objects in the show house. The […]

The three largest telecom companies in South Korea, SK Telecom (SKT), KT and LG Uplus, are looking for new business areas and growth industries outside their […]

According to market observers from SNE Research, LG Chem was able to secure the top position in the global market for automotive batteries in the months […]

The Association of Korean Auto Importers and Distributors announced the latest figures on November 4. In October, 24,157 imported vehicles were newly registered, an increase of […]

Doosan Logistics Solutions Co. (DLS), the logistics and automation provider of the South Korean conglomerate Doosan Group, has signed an exclusive agreement with Geek+ to distribute […]

South Korean chip maker SK Hynix expects sales of its NAND memory chips to triple in the next five years, following the recent acquisition of the […]

South Korea’s largest car manufacturer Hyundai Motor maintains its leading role in the field of hydrogen technology by exporting fuel cells. The delivery to a Swiss […]

Under the circumstances of this predicted enormous growth, South Korean chemical companies are increasing their efforts in research and development and in the expansion of production […]

According to a report by the Korean Automobile Manufacturers Association (KAMA), a total of 5.27 million vehicles with alternative drive systems were sold worldwide. Alternative drives […]

The Korea Gas Safety Corporation (KGS) is the first certification body in Asia that has been accredited under the IECEx Service Facility Scheme. This allows KGS […]

The Hyundai Motor Group announced that it will invest a total of 6.19 billion US dollars in the development of a hydrogen industry by 2030. It […]

The South Korean government would like to strengthen international cooperation in research on groundbreaking, future technologies. The three designated fields of research are self-driving vehicles, semiconductor […]

The global alliance will use artificial intelligence (AI) and robots to research powerful chemical compounds and innovative next-generation materials. The group, called “Alliance for AI-Accelerated Materials […]

LG Uplus Corporation, a leading South Korean mobile operator, said last Friday it plans to launch a self-operating industrial robot with 5G connectivity next year. The […]

The three largest Korean battery manufacturers, which have a global market share of 30 percent in automotive batteries, are uncertain about Tesla’s new product launch, but […]

The South Korean company LG Chem has started investing in a joint venture with GM for the production of battery cells for vehicles. Around 35 million […]

On June 1, the South Korean company LG Electronics announced that it had signed a licensing and patent utilization agreement with Miele, a German company leading […]

South Korean telecommunications company Korea Telecom KT recently introduced its new automated warehouse services using a local 5G network and self-guided forklift trucks. The company uses […]

South Korea’s semiconductor industry is looking forward to the third quarter of this year despite the coronavirus crisis and difficult economic environment. According to information from […]

Tesla is boosting sales of electric vehicles in South Korea and making them more attractive to the general public. Previously, the car manufacturer had difficulties entering […]

The South Korean electronics industry is preparing for increasing demand after an improvement of the coronavirus situation. Managers from the industry expect an increase starting from […]

The leading battery manufacturers in South Korea – LG Chem, Samsung SDI and SK Innovation – were able to demonstrate solid success in recent months against […]

On 20 May 2020, the Korean Ministry of Environment reported that the simplified approval processes such as registration, evaluation and control of chemicals have led to […]

KT Corp, a leading telecommunications company in South Korea, announced in mid-June that it would acquire a 10 percent stake in the robotics business unit of […]

The Hyosung Group, under the leadership of its Chairman Cho Hyun-joon, wanted to support the local industry and economy in the application and processing of hydrogen […]

Market observers from SNE Research included the two South Korean companies in a list of the ten largest vehicle battery manufacturers in the world. While SK […]

The number of newly registered vehicles in April 2020 was 29,450, an increase of 25.9 percent over the previous year. The 20,000 mark was already exceeded […]