Korean electric vehicle battery companies receive tax relief from the US administration
The US government announced tax relaxation for South Korea’s electric vehicle (EV) battery companies on Sunday. As per industry officials ...
Tag: U.S.
LG Energy Solution, GM Expands EV Battery Manufacturing Capacity
LG Chem’s subsidiary LG Energy Solution and General Motors Company announced they would partner for another battery cell manufacturing facility. According to GM spokesperson ...
Georgia Governor Request Biden to Reconsider SK Innovation ITC Ruling
Georgia’s governor Brian Kemp requested US President Joe Biden to reconsider the ruling against South Korean energy company SK Innovation. This ...
Coupang Files IPO in US for Next-Generation E-commerce Experience
South Korean e-commerce company Coupang Inc. announced they are filing for an initial public offering (IPO) in the US. Targeting ...
Samsung, SK, LG Expected to Discontinue Sales to Huawei
South Korean chipmakers Samsung Electronics Co. and SK hynix Inc. are anticipated to discontinue providing memory chips to Huawei following ...
Samsung Secures 7.9 Tln Won Deal to Supply 5G Solutions to Verizon
Samsung Electronics announced that it secured a 7.9 trillion won ($6.6 billion) contract to supply 5G network solutions and equipment ...
KCC Fines TikTok 186 Mln Won Over User Data Privacy Issue
The Korea Communications Commission (KCC) stated on Wednesday fines TikTok Pte Ltd., a video sharing platform, a penalty of 186 ...
Riiid Expands Globally with Silicon Valley-based Riiid Labs
Aiming to expand globally, Riiid announced that it established Riiid Labs in Silicon Valley, U.S. The move would allow the ...
GM Korea to Suspend Trailblazer Production amid Reduced U.S. Exports
General Motors Co.'s (GM) South Korean division said that it would suspend the production of its new Trailblazer sport-utility vehicle ...
SK Innovation Invests $727 Million to Build Second U.S. EV Battery Plant
SK Innovation said on Tuesday that it plans to inject an additional 886 billion won ($727 million) investment to build ...
Samsung Collaborates with Apple to Provide “Apple Music” in Smart TVs
Samsung Electronics said that it collaborated with U.S.-based tech company Apple to provide its music-streaming platform "Apple Music" on its ...
Seegene’s COVID-19 PCR Test Kit Receives FDA’s Emergency Approval
Seegene Inc., on Wednesday, announced that its COVID-19 test kit, Allplex™ 2019-nCoV Assay, received Emergency Use Authorization (EUA) from the ...
Osang Healthcare Receives FDA Approval for COVID-19 Detection Kit
Osang Healthcare announced that it received approval from the U.S. Food and Drug Administration (FDA) for emergency use authorization (EUA) ...
Sugentech Finish US FDA Registration for 10-Minute COVID-19 Test Kit
Sugentech said it would begin the mass production of its antibody-based testing kit for COVID-19. The South Korean medical diagnostics ...
Hyundai Mobis’ World-First Roof Airbag Gains U.S. Gov Attention
Hyundai Mobis' roof airbag technology, a first of its kind invention, received certification from the U.S. National Highway Traffic Safety ...
Samsung SDS Secures Defense Mobile Security Solutions Order in Italy
Samsung SDS Co. announced on Tuesday that it recently secured a defense and mobile security business in Italy. The I.T. ...
Kogene Biotech Applies for COVID-19 Kit EUA After U.S. FDA request
Kogene Biotech said that the U.S. Food and Drug Administration (FDA) recently invited South Korea’s COVID-19 detection kit maker to ...
Samsung Acquires TeleWorld Solutions to Accelerate 5G in U.S.
Samsung Electronics Co. signed an agreement on Tuesday acquiring U.S.-based network service provider TeleWorld Solutions (TWS). The South Korean tech ...
