The automakers formally agreed to a joint venture to build vehicles at Renault’s factory in Busan using Geely technology. Sales at Renault’s South Korean unit have fallen steeply.
Geely, Renault formally agree on cooperation in South Korea
China’s Geely Holding (GEELY.UL) and France’s Renault have formally agreed a deal to jointly design and produce electric hybrid and gasoline-fueled vehicles in South Korea for sale there, as well as …
South Korea unveils US$12 billion extra budget to cushion impact of extended COVID-19 curbs
SEOUL: South Korea unveiled a 14 trillion won (US$11.75 billion) supplementary budget on Friday (Jan 21) to support the self-employed and small businesses that have taken a heavy hit from extended …
South Korea Grinergy Looks to U.S. to Grow Battery Technology Operations
Grinergy, a Li-ion rechargeable battery, and battery management systems company headquartered in Seoul, South Korea, is expanding its U.S. operations.
Renewed Consolidation Anticipated For South Korea Stock Market
The South Korea stock market on Thursday snapped the five-day losing streak in which it had tumbled almost 130 points or 4.4 percent.
South Korea’s agtech startup Greenlabs raises $140M Series C to accelerate global expansion
Greenlabs, a South Korean agtech startup, announced this week it has closed a $140 million Series C led by BlueRun Ventures, with participation from Skylake Incuvest and SK Square. The startup plans …
AKA AI Introduces AI Robots Musio and Pepper to Over 100 Institutions in South Korea
AKA AI (“AKA”) announced that it has introduced AKA’s social robots “Musio” and “Pepper” to over 100 South Korean institutions. AKA’s social robots “Musio” and “Pepper” are both powered by AKA’s …
Africa Finance Corps secures $400 million funding from South Korea and Dubai
Pan-African development financial institution, Africa Finance Corps (AFC) has raised $400 million in funds as its fundraising attracted new lenders …
South Korea and Saudi Arabia need oil but eye clean energy
A delegation led by South Korea’s president visiting Saudi Arabia inked a preliminary deal Tuesday to explore a project to develop a potentially cleaner form of energy. The development comes even as …
South Korea and Saudi Arabia need oil but eye clean energy
A delegation led by South Korea’s president visiting Saudi Arabia inked a preliminary deal Tuesday to explore a project to develop a potentially cleaner form of energy. The development comes even as …