HD Hyundai teams with Croatia's Iskra on multirole corvettes
The industrial partnership targets a naval procurement tender valued up to €1.6 billion ($1.8 billion), combining South Korean design technology with local Adriatic shipyard docks.
South Korea
All coverageSemiconductors, batteries, shipbuilding and defense — and the industrial policy behind them.
LG Energy Solution pays supplier 10B won for Lansing changes
The battery maker settled a six-month dispute with Jayce Robotics, covering higher tooling costs after modifying prismatic lines…
HD Hyundai names Lee Sang-kyun head of group shipbuilding units
The early executive reshuffle accelerates shipyard safety oversight and an 830 billion won plant expansion for data center power…
SK On wins Ford Q1 status for its 30 GWh Hungarian plant
The certification validates defect controls across the site after an audit through mid-2026, anchoring cell deliveries for…
Hanwha Ocean wins $1.13 billion Yang Ming container order
The contract for six 13,000 TEU dual-fuel vessels represents 12.1% of the shipbuilder's 2025 revenue and locks in Geoje delivery…
HD Hyundai forms offshore SMR test center for nuclear ships
The 12-member consortium links South Korea's top shipbuilder with nuclear engineers to validate small modular reactor propulsion…
AMD weighs Samsung foundry alliance to ease reliance on TSMC
Lisa Su said in Seoul that the chipmaker is exploring production with Samsung Electronics, testing a hedge against single-foundry…
LG Energy Solution signs 46-series battery deal for US vans
The non-binding agreement with startup Indigo Technologies covers deliveries from 2027 to 2030, broadening the South Korean cell…
HD Hyundai reserves Mipo dock slots for eight gas carriers
The drydock program dedicates Ulsan berths to 1.42 trillion won in gas vessels, shifting medium-tonnage berths away from…
HD Hyundai Heavy Industries secures offshore substation deal in Taean
The 500-megawatt turnkey contract for the Taean wind project expands the shipbuilder's offshore fabrication yard into renewable…
CXMT Hired 27 Samsung and SK hynix Engineers for DRAM Fabs
Parliamentary audit data shows departing specialists averaged 15.4 years of service before brief tenures at the Chinese memory…
Nextin wins $18.8 million SK hynix wafer inspection order
The Korean toolmaker booked a 25.44 billion won deal equal to 38% of its annual sales, expanding domestic optical metrology…
POSCO Future M signs $4.5B LFP cathode deal with Samsung SDI through 2032
The six-year contract expands Samsung SDI's procurement basket to non-Chinese iron phosphate chemistries while raising aggregate…
Won rebound splits Korean shipbuilders on currency hedging
Samsung Heavy locked in revenue at 100% coverage, while Hanwha Ocean faces an 89.8 billion won profit hit as unhedged exposure…
HD Hyundai Heavy Industries faces delivery risks after wage rejection
Union members voted down a record compensation package, threatening dock operations and liquefied natural gas carrier delivery…
Samsung revamps HBM thermal packaging to challenge TSMC supply lead
The South Korean chipmaker pairs 4nm base dies with hybrid copper bonding to curb thermal resistance by 20% as Nvidia demands…
LS Eco Energy builds Vietnam samarium hub ahead of defense ban
A 11.6 billion won investment establishes non-Chinese refining in Ho Chi Minh City ahead of a Pentagon ban on Chinese-origin…
Doosan Robotics picks DeepX NPU chips for on-device welding cobotsMembers
A 98.9 billion won government initiative pairs domestic neural processing units with collaborative robots to automate heavy…
Hanmi Semiconductor wins $18 million tool deal from Samsung
The 24.48 billion won order for substrate saw and inspection equipment marks the supplier's first major contract with a Samsung…
EcoPro BM and Samsung SDI agree to co-develop solid-state materials
South Korea's top cathode maker and cell producer sign an agreement to commercialize sulfide-based solid-state batteries by 2027.
LG Energy Solution clarifies $4.3B Tesla energy storage deal
The 5.94 trillion won pact signed in 2025 provides Michigan-made lithium iron phosphate cells for Tesla Megapack 3 units rather…
Samsung Heavy orders GTT tank designs for four LNG ships
The contract equips four 200,000-cubic-meter vessels delivering in 2029 with Mark III Flex+ containment systems, locking South…
JSR completes South Korea EUV photoresist plant in Cheongju
The Japanese supplier established the industry's first commercial finishing base for tin-based metal oxide resists to support…
Bell Textron vets 17 Korean suppliers for helicopter supply chain
South Korea's trade agency opened talks between the US defense prime and local machinists as global aircraft makers face…
Semiconductors
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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…
Intekplus wins $23 million inspection tool order as packaging demands surge
The Korean inspection supplier booked a 30.9 billion won contract for semiconductor substrate equipment, lifting cumulative 2026…
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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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…
Doosan Robotics picks DeepX NPU chips for on-device welding cobotsMembers
A 98.9 billion won government initiative pairs domestic neural processing units with collaborative robots to automate heavy…
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…