What happens when an automaker starts building a business beyond cars? For Hyundai Motor Co., robotics is becoming a key part of that shift, with the company moving from using robots in its factories to developing, manufacturing and deploying them at scale. Hyundai is laying the groundwork to...
The overseas primary aluminium spot market remained subdued this week. Although limited restocking briefly improved trading activity in South Korea at the beginning of the week, the recovery was not sustained, and transactions weakened again from midweek. Elsewhere in Asia, the traditional...
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The Ministry of SMEs and Startups, in collaboration with the Korea Technology and Information Promotion Agency for SMEs (TIPA), has announced that it will be recruiting companies to join the “2026 Carbon Reduction R&D for Core Export Items of SMEs” project. The project will take place from May 13...
Preference for aluminum cans in South Korea appears to be steadily increasing, reflecting a gradual shift in choice toward more sustainable packaging solutions. A recent survey conducted by the Seoul Korea Federation for Environmental Movements (KFEM), which included 1,011 respondents nationwide,...
Hindalco Industries Limited expects its aluminium exports to rise in the coming months as geopolitical tensions in the Middle East, resulting in the closure of the Strait of Hormuz, disrupt regional supply. Managing Director Satish Pai said that the company plans to increase shipments to Japan,...
Meanwhile, the value of the country's alumina imports reached USD114.3 million during the year, rising by 7.7 per cent on the year. China, Australia and Indonesia were the three largest suppliers of South Korea's imported alumina last year, accounting for 22 per cent, 21.8 per cent and 16.1 per...
Aluminium supply chain crisis due to the geo-political conflict in the Middle East has turned Japanese auto-parts manufacturers to Russia's Rusal. Reports from various sources suggest that Japanese auto-parts manufacturers are even in talks with Rusal for over a week now to secure primary foundry...
中文翻译附于新闻末尾，敬请继续阅读。 The Samsung Galaxy Z Fold 8 has strengthened the hinge mechanism and increased the use of aluminium in the frame to improve durability. The changes make the phone weigh about 200 grams, which makes it a little lighter than the Samsung Galaxy Z Fold 7, which was around 215 grams....
An investment of USD 6 billion for establishing a high-tech innovative hub to be located in Saemangeum, Gunsan, will be made by Hyundai Motor Group. This investment targets establishing a high-tech innovative hub with hydrogen production, renewable energy and artificial intelligence. From...
Image source: Samsung Newsroom The forthcoming Samsung Galaxy S26 Ultra is moving away from titanium and returning to an Armor Aluminium frame to bring in a subtle but meaningful design rethink ahead of its official release on March 11. Despite the switch in build material, the device does not...
There is an increasing demand for novel materials with high-temperature oxidation resistance in harsh environments. Now, a joint research team from Jeonbuk National University and Korea Institute of Materials Science have demonstrated promising alumina-forming ferritic alloys that exhibit...
Energy storage is moving steadily towards the centre of Asia-Pacific’s energy transition, as governments and industry bodies strengthen policy support and market frameworks that could unlock a new phase of capacity deployment from 2026 onwards. The shift is increasingly being viewed as a catalyst...
Bill Lee, the Governor of Tennessee, Stuart C. McWhorter, the deputy governor and commissioner of the Department of Economic and Community Development, and representatives of ALUKO Group announced today that the South-Korean firm has chosen Halls, Tennessee, for its second US manufacturing...
On Monday, December 2, the US Commerce Secretary Howard Lutnick confirmed that South Korea’s plea to reduce import tariffs from 25 per cent to 15 per cent has been accepted, retroactive to November 1. These tariffs include the duties levied on autos. This has been done as South Korea introduced a...
A refreshed version of the T7, with the Portable SSD T7 Resurrected, as introduced by Samsung, widens the firm’s sustainable approach whilst maintaining the same performance as the previous model. The body of the new drive is made of 100 per cent recycled aluminium, which is certified by TUV...
South Korea’s electric vehicle sector is this year’s perfect example of one country with two different scenarios. While on one hand, the country is experiencing a strong domestic market for EVs, on the other, it undergoes an adverse impact of the United States 25 per cent tariff on EV imports. Yes,...
South Korean prosecutors have formally charged a group with stealing and leaking key electric vehicle (EV) battery technology belonging to Samsung SDI, one of the country’s leading battery manufacturers. The Defence Industry and Industrial Technology Crime Investigation Division of the Suwon...
Public companies are emerging as the power players behind Sam-A Aluminium Company, Limited, and their bets have paid off handsomely. The group holds the biggest slice of the company’s ownership — about 45 per cen t — and benefited most from last week’s 10 per cent rise in the stock, which lifted...
The global aluminium trade is undergoing significant shifts, driven primarily by the impact of US tariffs on semi-fabricated aluminium products and key export markets. South Korea, a major player in the aluminium export sector, is feeling the brunt of these changes. With the imposition of 50 per...
US tariffs have had a serious adverse impact on Korea as the country’s economy leans heavily on exports to the American market. The strain is already visible in the country’s trade performance, with export growth slowed to 3 per cent Y-o-Y, down from 5.8 per cent in July. Although that marked the...
