Hanwha Ocean faces $1.0 billion arbitration over Arctic LNG
Russia's Arctic LNG 2 filed a 1.37 trillion won claim in Singapore alleging breaches of step-in rights after sanctions cancelled three ice-class carriers.
South Korea
All coverageSemiconductors, batteries, shipbuilding and defense — and the industrial policy behind them.
Korea Zinc taps e-waste to build non-China rare earth supply
A state policy report highlights the smelter's urban mining and biochemical extraction ventures as South Korea seeks alternatives…
Samsung denies Chinese tool testing as US tightens fab controls
South Korean memory makers face annual US export reviews for their Chinese fabs as Washington curbs equipment servicing and…
EcoPro targets humanoid robot batteries for 2027 production
The South Korean cathode producer plans to supply high-nickel and solid-state materials to robotics makers before expanding…
HD Hyundai Marine Engine wins $16.5M Chinese shipyard order
The 22.7 billion won contract with Nantong Xiangyu extends engine deliveries to 2029, highlighting Chinese yards' continued…
Samsung narrows SK hynix HBM lead as HBM4 shipments expand
Counterpoint Research data shows Samsung captured 33% of second-quarter HBM revenue, halving the lead of SK hynix as chipmakers…
Air Products commits record capital to South Korea chip fabs
The industrial gas supplier filed plans with Seoul on Sept. 4 to build dedicated Pyeongtaek facilities for Samsung Electronics,…
HD Hyundai names two ammonia carriers in clean shipping push
Chairman Chung Ki-sun joined Belgium's Exmar in Ulsan to christen the Adinkerke and Aalter, cementing commercial track records…
Samsung SDI explores Chinese suppliers for solid-state cells
The battery maker is vetting sulfide electrolyte precursors in China ahead of 2027 production, risking friction with US subsidy…
SK hynix starts $4 billion packaging plant in Indiana to feed US AI
The Purdue Research Park campus will open cleanrooms in October 2028 before starting mass production of next-generation…
Pacifico Energy commits $1 billion to South Korea offshore wind projects
The 2.79-gigawatt investment off Jindo County will supply zero-carbon power to advanced manufacturing facilities and artificial…
US chip suppliers commit $2 billion to South Korea semiconductor supply chain
Air Products, Axcelis, Corning and Pacifico Energy signed direct investment filings in Washington to expand fab tooling,…
LG Energy Solution details $4.3B Tesla battery supply for US energy storage
The South Korean battery maker will produce lithium iron phosphate cells at its Lansing plant to supply Tesla Megapack 3 units,…
Samsung Heavy expands Busan R&D center into offshore engineering hub
The shipbuilder committed 8.6 billion won on Sept. 3 to triple floor space in Munhyeon and centralize FLNG design near its Geoje…
Korea presses US for equal chip tariff terms as Lutnick warns of import levies
Trade Minister Kim Jung-kwan said Seoul is negotiating to ensure domestic chipmakers face terms no worse than competitors under…
HD Hyundai inspects Thoothukudi site for greenfield shipyard in India
A South Korean technical delegation assessed waterfront land in Tamil Nadu as domestic dock saturation drives overseas expansion.
KEPCO seeks $18 billion advance power bill payment from Samsung and SK hynix
The state utility wants five years of electricity fees paid upfront to fund transmission lines for the Yongin semiconductor…
POSCO Chairman Urges Australia Critical Minerals Alliance to Diversify SupplyMembers
Chang In-hwa proposed pairing Australian raw materials with South Korean refining during a bilateral summit in Adelaide as POSCO…
Hanwha Ocean Wins $1.2B Yang Ming Order for Six LNG Container Ships
Taiwan's Yang Ming Marine Transport contracted six 13,000-TEU LNG dual-fuel boxships from the South Korean builder for delivery…
Bigwave Robotics partners with automation suppliers to scale US physical AI
South Korean robotics platform integrator forms commercial alliances with FANUC, Rockwell Automation and Rainbow Robotics to…
Hanwha Ocean secures 478 billion won order for three gas carriers through 2030
The contract with an Oceania shipowner expands the South Korean yard's 2026 orderbook to 32 vessels worth $5.94 billion as gas…
Innometry sweeps Samsung SDI US ESS battery inspection orders
The South Korean inspection vendor secured CT equipment contracts across all three Indiana energy storage lines, booking 15.8…
HD Hyundai Heavy union launches partial strike as shipyard wage talks break downMembers
Union delegates begin rotating walkouts across the Ulsan yard after rejecting management pay terms, testing delivery schedules…
SK On Secures 18 GWh US LFP Battery Supply Deal with NeoVolta Power
The five-year agreement delivers 9 gigawatt-hours of Georgia-made cells to NeoVolta and outlines a second 9 gigawatt-hour…
Semiconductors
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SK Hynix, Micron Shares Fall as Chip Sell-Off Hits Korea Market
A broad decline in Korean chip stocks on Oct. 13 dragged SK Hynix and Samsung Electronics lower, tracking losses in Micron shares…
Samsung backs chip suppliers as fab output rises in KoreaMembers
A 78.9 billion won incentive fund and free test wafers target domestic parts vendors as rising run rates test supplier balance…
SK hynix honors Onto Innovation for advanced HBM inspection
The US toolmaker was the sole supplier recognized for technology achievement after deploying its Dragonfly G5 system to catch…
Batteries & EV
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SK On Cuts Jobs at Stanton, Tennessee Battery Plant Amid Slower EV Demand
SK On trimmed staffing at its Stanton, Tennessee battery plant on Oct.
LG Energy Solution tests sodium batteries for US power grids
The South Korean cell maker plans a 30-megawatt-hour sample verification by early 2027, converting Ochang lines to counter…
POSCO Future M plans domestic LFP precursor supply by 2029
The battery materials maker is using steelmaking waste acid to forge non-Chinese lithium iron phosphate cathode inputs after…
Robotics
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HD Hyundai Offers Welding Robots to U.S. Naval Shipbuilders
The South Korean shipbuilder expanded its American robotics push on Oct.
Rainbow Robotics files US waiver to bypass robot import ban
The South Korean firm sought conditional approval after the FCC blocked equipment authorisations, halting American deliveries of…
Doosan Robotics and DEEPX develop AI nuclear welding robotsMembers
A 45-month South Korean state project targets a 50% cut in multi-layer cycle time at Doosan Enerbility, countering a severe…
Shipbuilding
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Hanwha Ocean Sets Up Dedicated Nuclear Submarine Development UnitMembers
The shipbuilder created the organizational unit on Oct. 13, a step that follows months of talks on US-Korea naval cooperation…
HD Hyundai and Siemens launch Busan digital shipyard center
The Global Marine Center deploys 50 engineers to test virtual shipyard tools, aiming to cut vessel construction time by 30% by…
HD Hyundai Marine Solution buys Goltens for $247.5 millionMembers
The South Korean firm acquired the repair specialist to secure 28 global hubs for green ship retrofits and service data center…
Energy & Minerals
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Gaon Cable builds US nuclear wire lines in North Carolina
The South Korean supplier will equip its Tarboro factory for reactor circuits, expanding beyond a $50 million distribution cable…
LS Cable backs Korea Future Materials in $15M US copper push
The South Korean wiremaker is taking up 40 million new shares to finance a recycling plant near LS GreenLink in Virginia, raising…
HD Construction Equipment wins $286M data center engine deal
The South Korean machinery group will supply 22-liter natural gas engine blocks to Enchanted Rock through 2028 to power North…
Trade & Policy
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Seoul Creates Chip Policy Office to Speed Up 800 Trillion Won Push
The new unit is meant to cut approval times for subsidies and permits tied to Korea's semiconductor investment plans, though its…
Commerce locks in Korean steel duties as mills press quota review
Countervailing rates of up to 3.68% land on Seoul producers as U.S.
Korea rejects Russia fuel breach claims as port checks widen
Trade authorities confirmed refined petroleum falls outside current export controls after reports alleged 176,000 tonnes moved…
Analysis
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Strong Won Cuts Samsung and SK hynix Profit Views by 21T WonMembers
A rapid 10.4% won appreciation wiped 21 trillion won off combined 2026 operating profit estimates for South Korea's top memory…