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Korea Zinc, South Korea's leading nonferrous metal processing firm, said Friday it has partnered with LG Chem for business opportunities in the US used plastics recycling market. Korea Zinc signed a memorandum of understanding with LG Chem to win used plastics recycling projects in the United Stat...
Proxy adviser Institutional Shareholder Services (ISS) has urged shareholders of KT&G, South Korea's dominant cigarette maker, to vote for a board nominee endorsed by activist fund Flashlight Capital Partners, according to the fund Friday. Appointing a new chief executive, which would mark KT&G's ...
Toss Securities, a brokerage arm under financial technology giant Viva Republica, shared its vision Thursday to become a leading player in the Korean retail trading market, launching new services ranging from bonds to derivatives to diversify its portfolio. “Until last year, Toss Securities worke...
Doosan Robotics, South Korea's leading collaborative robot provider, announced Thursday the successful practice of its robotic-assisted laparoscopic surgery solution, marking the debut of a Korean-made solution in a real surgical environment. The solution was employed for laparoscopic cholecystect...
Energy and environmental solutions provider SK Ecoplant announced Thursday the launch of a new IT Asset Disposition facility in Virginia through its recycling subsidiary, SK tes. The newly completed facility, spanning 12,000 square meters, is designed specifically for hyperscale data centers. It w...
The biggest shareholder of KT&G has said it opposed a nomination for chief executive of South Korea's dominant cigarette maker, citing falling profitability and dubious business practices during the nominee's tenure as a board member. In a regulatory filing Tuesday, state-run Industrial Bank of Ko...
The feud over South Korean game developer Nexon's Maplestory, a popular side-scrolling massively multiplayer online role-playing game, or MMORPG, is escalating, with gamers filing a class action suit and Nexon taking the antitrust regulator’s fine assessment to court. As the in-court battle is ex...
By Kim Hae-yeon ( hykim@heraldcorp.com )
LX Pantos, a Korean logistics company, said Tuesday that it has obtained the Trusted Information Security Assessment Exchange certification from the German Association of the Automotive Industry, in a move to gain an upper hand in delivering cars and automotive parts. TISAX serves as a standardize...
Hyosung Group's corporate venture capital arm Hyosung Ventures said Tuesday that it had decided to invest in Colosseum, a company specializing in logistics center network solutions. Colosseum is a fourth-party logistics provider, offering comprehensive solutions that encompass inventory management...
SK Ecoplant said Tuesday its wholly owned e-waste management affiliate has signed an initial pact with two Japanese companies for partnership in the used battery recycling business. Singapore-based Total Environment Solution (TES) has signed a memorandum of understanding with Sumitomo Mitsui Finan...
Major South Korean shipyard HD Korea Shipbuilding & Offshore Engineering said Tuesday it has clinched a 688 billion-won ($525.4 million) order to build four crude oil carriers for a shipper in Europe. Hyundai Samho Heavy Industries, one of HD Korea Shipbuilding's three shipbuilding units, will con...
Doosan Enerbility, a leading energy solutions provider in South Korea, announced on Monday that it has signed a contract valued at 150 billion won ($114 million) to supply equipment for Saudi Arabia's largest combined-cycle power plant project. The agreement was reached with China’s SEPCO-3, resp...
Samsung Electronics said Monday it will launch its latest Bespoke AI Combo washer-dryer globally within the second quarter of this year. The Bespoke AI Combo, which combines a 25 kilogram washing capacity with a 15 kg heat-pump drying capability, debuted in South Korea late last month. Within jus...
Samsung Group, South Korea’s top conglomerate, said Sunday that its official recruitment in the first half of this year will start Monday, with 19 affiliates joining the large-scale hiring of entry-level workers. The key affiliates include Samsung Electronics, Samsung Display, Samsung Biologics, ...
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