
S. Korea's LG Chem to put up separator JV with Japan’s Toray
Jul 17, 2021 23:47 pm UTC| Economy Business
South Koreas top chemical maker LG Chem Ltd. will set up a joint venture (JV) with Japans Toray Industries Inc. for separators, the core materials for secondary batteries. The move is part of LG Chems 10 trillion won...

TSMC eyes Japan, US expansion to meet chip demand
Jul 17, 2021 23:43 pm UTC| Economy Business
Taiwan Semiconductor Manufacturing Co. (TSMC) signaled plans to build new factories in Japan and the US, riding on a pandemic-led surge in demand for chips that power smartphones, laptops, and cars. TSMC, which posted...

Hankook Tire supplies tires for BMW X3 M, X4 M
Jul 17, 2021 23:39 pm UTC| Economy Business
Hankook Tire Technology Co announced it had begun supplying high-performance Ventus S1 Evo Z tires for BMWs X3 M and X4 M SUVs. While supplying OE tires to car manufacturers does not generate much revenue for Hankook,...

S. Korea's LG Uplus to collaborate with Japan's KDDI to develop 5G, 6G tech
Jul 16, 2021 23:54 pm UTC| Economy Business
LG Uplus Corp and Japans largest mobile carrier KDDI will collaborate on finding new 5G business applications and in preparing for future 6G networks. Under a memorandum of understanding, the two firms aim to share...

Stellantis to bring Wrangler EV to S. Korea this year, 5 more EVs by 2026
Jul 16, 2021 23:49 pm UTC| Economy Business
Stellantis Group will bring six electrified models to South Korea by 2026, including the Wrangler 4xe plug-in hybrid electric vehicle this year, to capture a share of the emerging local EV market. The multinational...

Plunge in energy demand almost twice than predicted by BP
Jul 16, 2021 23:43 pm UTC| Economy Business
The global 4.5percent drop in energy demand was close to twice the size of the 2.5 percent that BP predicted, says the companys executive vice president of strategy and sustainability, Giulia Chierchia. The BP executive...

Dollar General is planning to recruit 50,000 workers by Labor Day
Jul 16, 2021 10:10 am UTC| Business Economy
Dollar General announced its intention to hire 50,000 new workers by Labor Day in the United States, which is on Sept. 6. This American chain of variety stores latest push to recruit so it can fill out the job vacancies in...