[News Space=Reporter seungwon lee] Kolon Spaceworks (CEO Sang-hyun Ahn), a cutting-edge composite materials company of Kolon Group, announced on the 24th that it signed a business agreement (MOU) to strengthen cooperation with private space launch vehicle company Innospace Co., Ltd. (CEO Soo-jong Kim). Kolon Spaceworks has continued its cooperation with Innospace, including supplying key components for Innospace's first domestic civilian test launch vehicle, 'Hanbit-TLV', in March 2023. This MOU was signed to continue this cooperation in more diverse fields. Kolon Spaceworks plans to use this
[News Space=Reporter seungwon lee] LIG Nex1 was disqualified from the Romanian government's short-range air defense system introduction bid due to a document error. It is currently in the process of filing an objection with the Romanian administrative agency. If the objection is accepted, it will be eligible to participate in the bid again. According to industry sources on the 24th, LIG Nex1 filed an objection to the CNSC, Romania’s public procurement administrative agency, regarding its failed bid on December 16. Earlier this month, LIG Nex1 was eliminated in the second round of bids for
[News Space=Reporter seungwon lee] Hyundai Engineering & Construction is commercializing a floor structure rated 1st for inter-floor noise, and is introducing the first quiet apartment in Korea with no inter-floor noise. Hyundai Engineering & Construction announced that it will first apply its self-developed inter-floor noise blocking technology, the 'H Silent Home System II', to 'DH Daechi Edelui', scheduled for completion in the first half of next year, and that it plans to gradually expand the application of the technology to apartment complexes with a floor structure that is rated
[News Space=Reporter seungwon lee] LG Energy Solution is embarking on full-scale commercialization of a new battery management system (BMS) diagnostic solution based on SoC (System-on-Chip). LG Energy Solution announced on the 23rd that it has signed a formal joint promotion agreement with Qualcomm Technologies Inc. for commercialization of SoC-based BMS diagnostic solutions. LG Energy Solution’s new advanced BMS software will be available on Qualcomm’s Snapdragon® Digital Chassis™ and will also be embedded in the Snapdragon® Car-to-Cloud Connected Services Platform, enabling automakers to use
[News Space=Reporter seungwon lee] Orion Group Chairman Dam Chul-gon's eldest son and third-generation owner Dam Seo-won was promoted to executive director at lightning speed. This was only 3 years and 5 months after joining the company, and 2 years after being promoted to managing director. Orion Group conducted its 2025 regular personnel reshuffle on the 23rd with the following content. Executive Director Dam, born in 1989 and 35 years old, is the eldest son of Orion Chairman Dam Chul-gon and his wife, Vice Chairman Lee Hwa-kyung, the second generation owner. Executive Director Dam owns a 1.
[News Space=Reporter seungwon lee] Shinsegae Group Chairman Yong-jin Chung, known to be a close friend of President-elect Trump's eldest son, Trump Jr., met with US President-elect Donald Trump for a meal and conversation. Chairman Chung is the first domestic figure that US President-elect Trump has met with since his victory in the presidential election last month. Chairman Chung met with domestic media correspondents at Atlanta International Airport in Georgia, USA on the 21st (local time) and said, “I met President-elect Trump. We talked for about 10 to 15 minutes. I also had a meal with Pr
[News Space=Reporter seungwon lee] Samsung Electronics reached a final agreement on the 20th (local time) to receive up to $4.745 billion in semiconductor support funds from the U.S. Department of Commerce. SK Hynix had previously confirmed $458 million in support from the Department of Commerce the previous day. However, Samsung Electronics had initially agreed to receive support of $6.4 billion (approximately KRW 9.27 trillion) when signing the preliminary memorandum of transaction (PMT) in April, but this final decision reduced the amount by approximately 26%, drawing attention to the backg
[News Space=Reporter seungwon lee] Hanwha Group has completed the acquisition of the Philly Shipyard in the United States. Hanwha Group is the first domestic company to acquire a U.S. shipyard. Hanwha Group announced on the 20th that it has completed all procedures for acquiring a 100% stake in Philadelphia Shipyard in the United States. This is only six months after signing the main contract with Norway’s Aker on June 20th. The acquisition amount is 100 million dollars. Hanwha Systems invested 60 million dollars and Hanwha Ocean invested 40 million dollars, securing 60% and 40% stakes respect
[News Space=Reporter seungwon lee] Dong-A Otsuka will raise the prices of its products, including Pocari Sweat, by an average of 6.3% starting January 1st next year. This decision is due to the continued rise in raw and auxiliary material prices and increased logistics costs. According to Dong-A Otsuka on the 18th, the price of a 250ml can of Pocari Sweat will increase by 6.3% from 1,600 won to 1,700 won at convenience stores. The 620ml PET will increase by 4.0% from 2,500 won to 2,600 won, and the 1.5L PET will increase by 2.6% from 3,800 won to 3,900 won. The price of a 250ml can of Narangd
[News Space=Reporter seungwon lee] SK Group donated 12 billion won to the Community Chest of Korea to help neighbors at the end of the year. SK announced on the 18th that SK Supex Pursuit Council SV Chairman Ji Dong-seop visited the Community Chest of Korea (Chairman Kim Byung-joon) in Jung-gu, Seoul and donated 12 billion won. SK has been donating to the Community Chest of Korea every year since 1999. As of this year, the total donation amount for the Hope Sharing Campaign has reached 246.5 billion won. In addition to the 12 billion won in group-wide donations this year, SK has also raised an
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UPDATE: 2025년 08월 03일 20시 08분
