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LX Pantos increases North American push at TPM26
LX Pantos said Tuesday it is participating in the Trans-Pacific Maritime Conference 2026, one of the world’s largest shipping and logistics forums, held March 2-4 in Long Beach, California. The annual conference gathers leading ocean carriers, logistics providers, shippers and port operators to discuss market conditions and global supply chain strategies. This year’s event drew more than 1,100 companies worldwide. With volatility continuing across global logistics networks, discussions at TPM ar
March 3, 2026 -
SK On to spotlight ESS, robotics tech at InterBattery 2026
SK On said Tuesday it will participate in InterBattery 2026, the nation’s largest battery exhibition, to be held March 11-13 at Coex in southern Seoul, showcasing next-generation technologies spanning energy storage systems, robotics and advanced cell design. The booth will be divided into three zones — Leading Tech, Future Tech and Core Tech — highlighting the company’s expansion beyond electric vehicle batteries into broader energy solutions. The Leading Tech zone will feature an R&D studio, o
March 3, 2026 -
K-water showcases AI water tech at MWC 2026
Korea Water Resources Corporation, or K-water, is participating in Mobile World Congress 2026, the world’s largest mobile exhibition, held this week in Barcelona, showcasing its AI-driven water management technologies to a global audience. Aligned with this year’s theme, “The IQ Era,” K-water will present intelligent water management solutions that use data for autonomous decision-making and operational optimization, highlighting the outcomes of its AI transformation and ambitions for global exp
March 3, 2026 -
Business lobbies urge swift passage of US investment bill
South Korea’s leading business groups on Tuesday urged the National Assembly to swiftly pass a special bill to implement Korea’s $350 billion investment pledge to the US, warning that delayed legislation could weaken Seoul’s leverage in trade talks and heighten tariff risks. In a joint statement, six major business lobbies — the Federation of Korean Industries, the Korean Chamber of Commerce and Industry, the Korea International Trade Association, the Korea Enterprises Federation, the Korea Fede
March 3, 2026 -
How humanoid robots are rewriting Hyundai–Toyota rivalry
With the humanoid robotics boom accelerating, Hyundai Motor Group and Toyota — longtime Asian rivals in the global auto industry — are emerging as striking contrasts in how they view robots as the next engine of growth. For years, Hyundai traded at a valuation discount to Toyota, widely seen as the more technologically advanced and globally dominant automaker. Now, that perception is shifting. As robotics moves from concept to commercialization, investors are reassessing Hyundai’s growth traject
March 3, 2026 -
Middle East tensions raise supply stakes for energy-hungry Korea
South Korea has been thrust into crisis mode as coordinated US and Israeli strikes on Iran, which led to the death of Supreme Leader Ayatollah Ali Khamenei, have made the Strait of Hormuz a volatile flashpoint, sending oil prices higher and rattling industries dependent on the waterway. For an economy that imports roughly 70 percent of its crude oil and 20 percent of its natural gas from the Middle East, the strait is a commercial lifeline underpinning the operations of Korea’s oil refiners, shi
March 2, 2026 -
Samsung SDI to unveil high-power batteries for AI at InterBattery 2026
Samsung SDI said Monday it wouldpresent high-power battery products and technologies targeting the artificial intelligence era at InterBattery 2026, South Korea’s largest battery industry exhibition. The battery-maker will display its latest technology under the theme “AI thinks, Battery enables,” at the exhibition set to open March 11-13 at Coex in southern Seoul. The central focus of Samsung SDI’s exhibition will be ultrahigh-power battery solutions for data centers, a key part of the infrastr
March 2, 2026 -
Samsung Electronics to shift to AI-driven autonomous factories by 2030
Samsung Electronics Co. said Sunday it plans to transform its domestic and overseas production facilities into factories driven by artificial intelligence (AI) by 2030 as part of its push for manufacturing innovation. The company will introduce digital twin-based simulations across the entire manufacturing process from materials warehousing to production and shipment while deploying AI agents dedicated to quality control, production and logistics to strengthen data-driven analysis and verificati
March 1, 2026 -
Gov't reviews economic impact of Iran crisis, checks readiness to release oil reserves
The industry ministry said Sunday it is preparing for all contingencies, including a possible closure of the Strait of Hormuz, amid escalating tensions surrounding Iran, adding the impact on shipping logistics currently remains limited. The Ministry of Trade, Industry and Resources held an emergency meeting with relevant ministries and institutions to assess the economic and industrial impact of the massive US-Israeli strike on Iran the previous day, which came amid stalled talks over Tehran's n
March 1, 2026 -
Exports jump 29 pct to record Feb. high on surging chip demand
South Korea's exports jumped nearly 30 percent from a year earlier in February to mark the highest level ever recorded for the month, driven by growing demand for semiconductors amid the artificial intelligence (AI) boom, government data showed Sunday. Outbound shipments totaled $67.45 billion last month, up 29 percent from $54.2 billion a year earlier, according to the data compiled by the Ministry of Trade, Industry and Resources. The record exports came even as the number of working days drop
March 1, 2026 -
French firms employ 33,000 in Korea, led by luxury sector: FKCCI
French companies employ about 33,000 people in South Korea, underscoring France’s deep footprint in the local economy, according to a report released Wednesday by the French-Korea Chamber of Commerce and Industry. The report found that roughly 38 percent of those employees work in the luxury and cosmetics sector, highlighting the dominance of French brands in Korea’s high-end consumer market. As of November last year, around 220 French companies operated local offices in Korea. Of the 46 French
Feb. 27, 2026 -
Korean mobile carriers ramp up AI push at MWC 2026
South Korea's three major mobile carriers are preparing to spotlight artificial intelligence-driven networks and services at this year's Mobile World Congress, as the industry's largest annual gathering opens next week in Barcelona. The event, which begins March 2 at Fira Gran Via and is hosted by the GSMA, has evolved far beyond its roots as a smartphone launch venue. This year's theme, "The IQ Era," reflects the sector's pivot toward AI-powered infrastructure, enterprise platforms and next-gen
Feb. 27, 2026 -
Hyundai Motor to invest W9tr in Saemangeum AI, hydrogen hub
Hyundai Motor Group will invest 9 trillion won ($6.27 billion) to build a large-scale advanced industry hub in Saemangeum, North Jeolla Province, accelerating its shift to becoming a future technology company centered on robotics, artificial intelligence and hydrogen energy. President Lee Jae Myung welcomed the investment Thursday, calling it a transformative development for the region. “This will completely reshape the economic map of the (southwestern) Honam region,” Lee said at the investment
Feb. 27, 2026 -
Posco launches ‘One Team’ for eight strategic steel products
Posco said Friday it has established a “One Team” system for eight strategic steel products as it moves to secure leadership in high-value, next-generation markets. The move involves forming dedicated project teams around key premium products, including PosMAC, its corrosion-resistant alloy-coated steel sheet widely used in renewable energy structures; GigaSteel, an ultra-high-strength lightweight automotive steel; HyperNO, a non-oriented electrical steel used in high-efficiency motors; and high
Feb. 27, 2026 -
Samsung expansion lifts interest in Hillstate Pyeongtaek
Hyundai Engineering & Construction said Friday that its Hillstate Pyeongtaek Station Central City was drawing renewed interest as Pyeongtaek’s real estate market shows signs of recovery, buoyed by Samsung Electronics’ semiconductor expansion plans. Late last year, Samsung Electronics confirmed it would resume construction of its fifth semiconductor fabrication line, P5, at the Pyeongtaek Campus in Gyeonggi Province. The facility, targeted for completion in 2028, is expected to be linked to futur
Feb. 27, 2026