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  POSCO Future M delays completion of Canadian JV cathode plant SEOUL, September 27 (AJP) - Korean battery materials maker POSCO Future M announced postponing the completion of its cathode material plant in Canada, a joint venture with General Motors (GM). The facility in Bécancour, Québec, originally scheduled to be finished on Sept. 30, will see its completion date adjusted due to local conditions, the company said in a regulatory filing on Thursday. "We are currently adjusting the completion schedule due to local circumstan September 27, 2024
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  Samsung unveils Galaxy Tab S10 series with enhanced AI features SEOUL, September 27 (AJP) - Samsung Electronics on Friday released its new premium tablet line, the Galaxy Tab S10 series, featuring the S10 Ultra and S10+ models. The devices boast Dynamic AMOLED 2X displays and are powered by MediaTek Dimensity 9300+ processors, offering improved performance compared to previous models. The tablets incorporate AI-optimized features for large screens, including Note Assist for voice recording transcription and PDF translation, and Circle to Search September 27, 2024
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  Korean trade association opens office in Poland SEOUL, September 27 (AJP) - The Korea International Trade Association (KITA) said Friday it has opened its second overseas office in Europe in Warsaw, the capital of Poland, to support exports to Central and Eastern Europe. Poland is Korea's second-largest export destination in the European Union, KITA said, adding that the two countries are collaborating in various fields, including batteries, defense, infrastructure, and the reconstruction of Ukraine. "Last year, trade September 27, 2024
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  Seoul court rules Samsung C&T not liable for delayed interest to Elliott SEOUL, September 27 (AJP) - A Seoul court ruled on Friday that Samsung C&T is not required to pay delayed interest to the U.S. hedge fund Elliott in a lawsuit over a controversial merger between two Samsung Group units. The Seoul Central District Court rejected Elliott's claim for the additional payment of 26.7 billion won (US$20.2 million), which stemmed from a dispute over Samsung C&T's merger with Cheil Industries in 2015. Elliott opposed the merger and exercis September 27, 2024
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  SK Ecoplant unit launches battery recycling plant in Netherlands SEOUL, September 27 (AJP) - SK tes, a subsidiary of Korean environmental services firm SK Ecoplant, announced the inauguration of a battery recycling facility in Rotterdam, Netherlands on Friday. The plant, capable of processing batteries from about 40,000 electric vehicles annually, aims to strengthen the company's position in the growing European battery recycling market. The facility, spanning 10,000 square meters, can produce up to 10,000 tons of black mass per year. Black m September 27, 2024
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  OPINION: African countries face hurdles, dangers in getting permanent seats at UN security council SEOUL, September 27 (AJP) - There is growing global consensus among the members of the United Nations that the UN security council, responsible for maintaining international peace and security, requires reform or restructuring to reflect the current balance of forces, and to improve its working methods and ability to do its work. There is also growing consensus among members of the African Union that Africa deserves a permanent presence at the council. The debate took a new turn September 27, 2024
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  LG Chairman Koo calls for bold goals at executive workshop SEOUL, September 26 (AJP) - LG Group’s top executives held a workshop on Wednesday to discuss mid- to long-term management strategies, focusing on customer experience innovation and artificial intelligence transformation. During the President's Workshop at LG Inhwawon in Icheon, Gyeonggi Province, Chairman Koo Kwang-mo emphasized the importance of setting ambitious targets to cope with ever-fierce global competition. "Let’s make history by setting our sights September 26, 2024
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  International forum to explore vision for free, unified Korea SEOUL, September 26 (AJP) - The International Forum on One Korea 2024 will kick off on Friday for a three-day run at the Fairmont Ambassador Seoul in southwestern Seoul, exploring the vision and pathway toward a free and unified Korea. The event, co-hosted by Global Peace Foundation, Action for Korea United and One Korea Foundation, will bring together prominent experts, policymakers, journalists and civil society leaders from Korea, and the international community. The particip September 26, 2024
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  Samsung unveils high-performance solid state drive SEOUL, September 26 (AJP) - Samsung Electronics has launched the 990 EVO Plus, a high-performance consumer solid state drive (SSD) based on PCIe (peripheral component interconnect express) 4.0 technology. This new product features 8th generation V-NAND (Vertical NAND) and a 5nm controller, delivering industry-leading performance and power efficiency. The 990 EVO Plus boasts sequential read and write speeds of up to 7,250MB/s and 6,300MB/s respectively, marking a 45 percent and 50 pe September 26, 2024
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  Techtree Innovation signs partnership with Bahrain's Aeromap for spatial digital twin tech SEOUL, September 26 (AJP) – Korean spatial digital platform developer Techtree Innovation has partnered with Bahrain-based mapping solutions provider Aeromap Technology Systems for joint studies aimed at enhancing their technological competitiveness, the companies announced on Thursday. The collaboration aims to improve aerial and ground data collection, photogrammetry and geographic information system (GIS) implementation for both companies, according to the companies. Tec September 26, 2024