Under the two joint ventures with ADM, LG Chem will build a facility to annually produce 75,000 tons of polylactic acid.
SK Inc. and SK Energy jointly buy a major stake in Atom Power to expand its energy solution service portfolio.
The ASICS GT-II’s predominantly greyscale finish is offset by the images of Japanese Chrysanthemum and Pink Heath flowers at the lateral heel and via the mesh base.
Nongshim was beaten by smaller rivals Samyang and Ottogi in sales and failed to deal with higher logistics costs and raw materials.
The high-performance pieces include Unitefit technology– a fit system created with a spectrum of sizes, genders, and forms for a gender-neutral fit.
Shinsegae will build an integrated mall with unique facilities and offer thousands of new jobs to the locals.
Walmart collaborates with Paramount to sweeten up its perks for members of its subscription service.
Wildtype's technology can significantly reduce carbon dioxide emissions from fishing, fish farming, and transportation, as well as protect the threatened marine ecosystem.
S. Korea to expand tax incentives, ease regulations for chipmakers
South Korea will offer more tax incentives and lift more regulations for chipmakers to achieve its vision of becoming a global powerhouse in memory and non-memory chips.
The country is also investing in research and development (R&D) facilities in the chip sector, according to the Ministry of Trade, Industry, and Energy.
The proposed bill that expands tax incentives and eased regulations is a follow-up measure of the so-called K-semiconductor blueprint announced in May.
The bill will be submitted to the parliament by September.
The K-semiconductor blueprint seeks to provide massive tax incentives and state subsidies to chipmakers to encourage them to invest a combined 510 trillion won by 2030.
South Korea aims to double its chip exports to reach $200 billion in 2030 from $99.2 billion in 2020.
Chips take up about 20 percent of South Korea's exports.
While South Korea is among the leading exporters of memory chips, it lags behind its peers in the non-memory segment.
Thus, the country has been expanding R&D projects in such areas.