LG Energy Solution continues to put efforts into gathering top battery talents as the company looks for future leaders in the industry by hosting recruitment events. According to the battery maker Sunday, it held a Battery Tech Conference, or BTC, the company’s annual offline recruitment event, at LG Science Park in western Seoul on Friday. The last BTC took place in New York in May this year, gathering some 40 master’s and doctoral candidates from top-ranked schools in the US includ

Companies Sept. 29, 2024

Hyundai Mobis has become the first automotive parts supplier in Asia to receive a cybersecurity certification from ENX Association, bolstering its chances of securing orders worldwide. According to the auto parts manufacturer under Hyundai Motor Group Thursday, it held a cybersecurity certification presentation ceremony at its technology research center in Yongin, Gyeonggi Province with representatives from the European association in attendance. Members of the ENX Association include powerhouse

Mobility Sept. 26, 2024

진행자: 간형우, Chelsea Proctor Over 82,000 Korean young people unemployed, not searching for job long-term 기사 요약: 3년 이상 취업하지 않은 청년 중 구직 활동이나 취업 준비를 하지 않고 집에서 그냥 쉬는 청년이 8만명을 넘어선 한국 [1] Nearly a quarter million South Korean young people have been unemployed for at least three years, recent government data showed Thursday, with over 80,000 saying they were neither looking for work nor receiving education related to their career during the period. quarter: 4분의 1 unemployed: 무직의 [2] According to Statist

Podcast Sept. 26, 2024

Hyundai Motor is one step closer to making a successful debut on the Indian stock market, as the South Korean auto giant’s Indian subsidiary Hyundai Motor India Limited has obtained approval for its highly-anticipated initial public offering from Indian regulators. According to industry sources and local media outlets in India on Wednesday, the Securities and Exchange Board of India recently cleared Hyundai Motor’s paperwork for the IPO. In June this year, Hyundai Motor India submitt

Mobility Sept. 25, 2024

DAEJEON -- “You shouldn’t be looking at your smartphones while you are walking around the (SK) R&D campus,” said Lee Su-hyun, group leader of the management support department at SK IE Technology, a battery materials subsidiary of SK Innovation, as he greeted a group of reporters at the SKIET Research and Development Center on Friday. “We have this rule called SGR meaning Safety Gold Rule on this research site to discourage employees from looking at their smartphones

Companies Sept. 23, 2024

Hyundai Motor Group has officially become the largest shareholder of KT, one of the three main mobile carriers in Korea, the government said Thursday. After months of review, the Ministry of Science and ICT decided to approve the change in KT's largest shareholder, concluding that it does not harm the public interest. In March this year, the National Pension Service, the former biggest shareholder of KT, sold about 2.88 million shares of KT to lower its stake to 7.51 percent from 8.53 perce

Companies Sept. 19, 2024

Korean battery makers Samsung SDI and LG Energy Solution are putting considerable effort into boasting their latest technologies in the commercial electric vehicle sector at the ongoing IAA Transportation 2024 in Hanover, Germany. The IAA, currently being held from Sept. 17-22, is one of the largest auto exhibitions in the world and alternates its focus between passenger and commercial vehicles each year. This year’s theme is commercial vehicles. Samsung SDI has presented a lineup of nex

Mobility Sept. 18, 2024

Hyundai Motor Group and General Motors have joined forces to explore collaboration in vehicle development, supply chain and clean energy technology, officials announced Thursday. According to the announcement, the top leadership from each auto giant -- including Hyundai Motor Group Executive Chair Chung Euisun and GM CEO Mary Barra -- recently met at Genesis House New York and signed a memorandum of understanding to seek future collaboration across key strategic areas. Hyundai Motor and GM -- th

Mobility Sept. 12, 2024

BMW Group opened its newest charging station named BMW Charging Hub Lounge in central Seoul on Thursday, continuing to build upon the German automaker’s commitment to Korea’s electric vehicle transformation. According to BMW Group Korea, Seoul’s new charging facility has six 200 kilowatt-hour chargers and an indoor lounge including a cafe. The chargers will be open for other brands’ EVs as BMW aims to offer all EV drivers comfort and an opportunity to check out its newest

Mobility Sept. 12, 2024

Nexon on Wednesday announced its decision to split off Mintrocket, the South Korean game company's sub-brand known for its hit title, "Dave the Diver," in the effort to bolster its autonomy and create a more innovative environment for developing games. Mintrocket, which began as Nexon's sub-brand in 2022 under the motto of "creative and speedy development," came up with "Dave the Diver" -- a single-player, action-adventure game that requires players to con

Companies Sept. 11, 2024

Hanwha Group’s three affiliates -- Hanwha Aerospace, Hanwha Ocean and Hanwha Systems -- have set out to find the best talent to take the lead in global defense, aerospace and maritime into the future. According to Hanwha on Wednesday, the three firms plan to hire some 600 university graduates looking for their first jobs in the second half of this year, marking the biggest number of new employees for the three companies in either half of the year in at least over a decade. Hanwha Aerospace

Companies Sept. 11, 2024

Hanwha Aerospace and SK Enmove announced Tuesday that they have developed the world’s first non-flammable energy storage system, or ESS, seeking to secure the lead in the eco-friendly maritime solution sector. The two companies under two of Korea’s largest conglomerates -- Hanwha Group and SK Group -- showcased the liquid immersion cooling ESS technology and how it fills up a lithium-ion battery module with thermal fluids to reduce the chances of a fire to zero. “Safety is a pr

Technology Sept. 10, 2024

Samsung SDI has decided to sell its polarizing film business to China’s Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won ($833.3 million) as the company aims to focus on honing the competitiveness of its electronic materials unit, the Korean battery maker said Tuesday. Polarizing films, optical films that allow displays to show an image by controlling the amount of light, affect the image quality of the screen. According to the company’s regulatory filing, Samsung SDI&rsqu

Companies Sept. 10, 2024

NCSoft is seeking answers to rebound with new titles and managerial overhauling efforts amid its falling stock price, as the first-generation South Korean gaming powerhouse hopes to get back to the throne. Experts forecast that the success of new games NC plans to roll out and reorganization of human resources will determine whether the game developer can turn things around in the short term. Plummeting shares NC’s stock has been practically in a free fall since reaching its peak at 1.

Companies Sept. 8, 2024

The South Korean government said Friday it will certify the safety of electric vehicle batteries beginning October, four months ahead of the initial plan, as it rolled out various measures to prevent EV fires. According to the government’s EV fire safety management measures, both domestic and imported auto brands will be subject to the authorities’ EV battery certification requirement. The government will disclose the information of the battery cell manufacturer, battery type and key

Mobility Sept. 6, 2024