Samsung SDI clears key fire safety test for AI batteries

Samsung SDI said Tuesday that its battery system for uninterruptible power supplies has passed a fire safety test conducted by global safety certification organization UL Solutions, a milestone expected to boost its competitiveness in the expanding artificial intelligence data center market. UPS systems provide immediate backup power when electricity supplies are interrupted or voltage becomes unstable. They are key infrastructure for maintaining the stable operation of AI data centers and other

2026-07-14 14:12:17:00

Hyundai Rotem’s K2 tank earns Korea's first NATO quality certification

Hyundai Rotem has received certification under NATO’s quality assurance system for its K2 main battle tank, becoming the first South Korean company to earn the qualification in a move expected to boost exports to NATO member states. Hyundai Rotem, the defense and railway systems affiliate of Hyundai Motor Group, said Tuesday that it received Allied Quality Assurance Publications 2110, or AQAP-2110, certification at a ceremony held Monday at its headquarters in Uiwang, Gyeonggi Province. Official

2026-07-14 13:52:05:00

Korean shipbuilders eye W10tr profit on LNG boom

South Korea’s three largest shipbuilders are on track to post a combined annual operating profit of 10 trillion won ($6.6 billion) for the first time, propelled by high-margin liquefied natural gas carriers and improved shipyard productivity. HD Korea Shipbuilding & Offshore Engineering, Hanwha Ocean and Samsung Heavy Industries are expected to report a combined operating profit of 2.33 trillion won for the second quarter, according to market consensus data compiled by financial information prov

2026-07-13 14:30:55:00

Hyundai Motor union launches three-day strike as pay talks stall

Hyundai Motor’s union kicked off a three-day partial strike Monday after wage and bonus negotiations with management stalled, stirring concerns about production disruptions and supply delays at South Korea’s largest automaker. Members of the Hyundai Motor branch of the Korea Metal Workers’ Union said it will halt work for two hours at the end of each shift from Monday through Wednesday. Workers on the daytime shift will leave at 1:30 p.m., two hours earlier than usual, while those on the evening

2026-07-13 14:19:15:00

LG Energy Solution secures government-backed AI grid ESS project

LG Energy Solution said Friday it has been selected as an operator for a government-backed project to develop artificial intelligence-based energy storage systems, with the goal of increasing power grid capacity across South Korea’s southwestern region. The South Korean battery maker said it was chosen for the Ministry of Climate, Energy and Environment’s program for AI-powered ESS, connected to the electricity distribution network. LG Energy Solution participated in the bidding process by formi

2026-07-10 15:44:05:00

Hanwha Qcells to build massive solar, energy storage complex in Arizona

Hanwha Qcells, energy subsidiary of Hanwha Solutions, said Friday it would oversee the engineering and construction of one of the largest renewable energy complexes in the US, as it accelerates its expansion in the market. The company said it would handle the engineering, procurement and construction, or EPC, work for all projects within the Atlas Energy Park in La Paz County, Arizona. The Atlas Energy Park will consist of 14 solar and energy storage projects across a combined site of 63.66 squa

2026-07-10 14:27:01:00

Kia names production chief Song Min-su as co-CEO

South Korean carmaker Kia has appointed Song Min-su, its domestic production head, as co-CEO, shifting to a dual-leadership structure with President and CEO Song Ho-sung. The Hyundai Motor Group affiliate said Wednesday that its board approved Song Min-su as the new CEO. The appointment fills the vacancy left by Choi Jun-young, who had served alongside Song Ho-sung in Kia’s top leadership before Hyundai Motor Group named him in May to head its newly elevated policy development office overseeing

2026-07-09 14:25:17:00

Hyundai Motor opens first waste-to-hydrogen facility in Korea

Hyundai Motor Group opened its first directly operated waste-to-hydrogen production and fueling complex in Cheongju, North Chungcheong Province, on Thursday, stepping up efforts to expand the use of hydrogen made from local waste. The auto group held a completion ceremony for HTWO Energy Cheongju on Thursday. The plant produces hydrogen using biogas extracted from sewage sludge generated in the city, turning local waste into fuel that can be supplied within the region. The ceremony was attended

2026-07-09 14:08:45:00

US sounds out Korean shipbuilders on Navy warships

The US has officially reached out to major South Korean shipbuilders to assess their naval vessel design and construction capabilities in a sign that Washington is looking to deepen shipbuilding cooperation with Seoul under the MASGA initiative. According to defense industry sources Wednesday, the Pentagon and the US Navy recently sent requests for information, or RFIs, to HD Hyundai Heavy Industries and Hanwha Ocean for combat vessels. In response, the two companies submitted information last m

2026-07-08 15:04:56:00

Canada's submarine decision: Beyond Hanwha's loss in 2 minutes

After a highly publicized 10-month battle, South Korean shipbuilder Hanwha Ocean has lost its bid to supply Canada with multibillion-dollar submarines to Germany’s Thyssenkrupp Marine Systems. Canada selected TKMS as the preferred supplier for its Canadian Patrol Submarine Project on Monday, dealing a setback to Hanwha Ocean and its consortium partner HD Hyundai Heavy Industries. But the result also showed how far South Korea’s submarine industry has advanced, as Hanwha Ocean competed head-to-he

2026-07-07 18:13:19:00