
POSCO to lead joint development of graphene ecosystem
Mar 31, 2021 23:54 pm UTC| Business
South Korean steelmaker POSCO will lead the creation of a graphene industry ecosystem in Pohang city, which would utilize corporate, government as well as academic resources. The group also includes the Pohang City...

Woowa Brothers posts 1.1 trillion won sales in 2020
Mar 31, 2021 23:49 pm UTC| Business
Woowa Brothers reported 2020 sales of 1.1 trillion won, up 94.4 percent from the previous year, driven by a sharp increase in online orders amid the pandemic. However, Woowa Brothers, the operator of South Koreas top...

Toyota to form JV in China for producing key systems fuel-cell vehicles
Mar 31, 2021 23:45 pm UTC| Business
Toyota Motor Corp and Beijing SinoHytec Co will set up the 50-50 venture, Toyota Sinohytec Fuel Cell Co, with a total investment of about $72.8 million to manufacture key systems for fuel-cell vehicles. Operations are...

Nike sues MSCHF for Lil Nas X 'Satan Shoes' with human blood
Mar 31, 2021 09:58 am UTC| Business
Nike finally took action as there were confusions after Lil Nas X and MSCHF released the satan shoes on March 29. The famous shoe and sportswear brand was slammed on social media as the product features a satanic theme...

Hanwha Q Cells sues China’s Astronergy for patent infringement in Germany and France
Mar 31, 2021 09:57 am UTC| Business
Hanhwa Q Cells sues a Chinese solar company called Astronergy for patent infringement. The case was filed in Germany and France. The South Korean solar materials company has taken legal action as a follow-up to the...

India blocks China’s ByteDance’s bank accounts over tax evasion case
Mar 31, 2021 09:05 am UTC| Business Economy
Chinas ByteDance, TikToks parent company, has been accused of tax evasion in India, and as a result, the government blocked two of its bank accounts. The Chinese internet company immediately asked the court to revoke the...

Facebook: David Fischer, FB’s chief revenue officer, quits
Mar 31, 2021 07:58 am UTC| Business
Facebook will lose another executive before the end of this year begins. David Fischer, FBs chief revenue officer, announced his decision to leave the company. Fischers departure message Fischer posted a message on...