In 2023, global spending on fab equipment for front-end facilities is projected to decrease by 15% before rebounding with a 15% year-over-year increase in 2024, according to a recent...
The South Korean Ministry of Trade, Industry, and Energy (MOTIE) has allocated a budget of KRW11.22 trillion (approximately US$84.9 billion) for the year 2024. Based on President...
US-based specialty glass supplier Corning reportedly plans to invest KRW 2 trillion (US$1.5 billion) to set up a bendable glass manufacturing plant in South Korea, targeting immense...
Driven by significant grants under the US Inflation Reduction Act (IRA), South Korean battery makers LGES, SK On, and Samsung SDI have expanded their production investments in North...
BYD is reportedly in talks with KG Mobility (KGM), South Korea's fourth-largest car maker, to jointly set up an electric vehicle (EV) battery plant in South Korea that is expected...
The Ministry of Science and ICT (MSIT) in South Korea has made a decision regarding the allocation of the research and development budget for 2024. This move, aimed at enhancing the...
As one of the key objectives, South Korea's K-Network 2030 strategy aims to strengthen and upgrade the country's network infrastructure while developing energy-efficient and fail-proof...
South Korean battery maker Samsung SDI will likely build the country's first LFP battery plant in its Ulsan production base, according to local media reports. However, as CATL and...
With the signing of the executive order to restrict US investments in certain Chinese companies, South Korean semiconductor-related industries are feeling a sense of unease. While...
In response to US-China "new Cold War," export-oriented Taiwan and South Korea have been swiftly increasing their investments and establishing manufacturing facilities outside of...
The number of South Korean battery material makers joining production of anode materials for EV-use power batteries is gradually increasing in recent times, but even Posco Future...
Recognizing the strategic importance of semiconductor packaging technology, the South Korean government is reportedly initiating a major packaging technology R&D project aimed...
Glass substrates may see tight supply starting from the third quarter of 2023 till the second half of next year, with major Japanese vendors axing their production despite signs of...
ASML CEO Peter Wennink met with South Korean President Yoon Seok-yeol at the Presidential Office in Yongsan, Seoul, in the afternoon of July 28th, and Yoon asked for cooperation in...
Samsung Electronics and LG Electronics are gearing up for the development of graphene-based components to improve the durability and energy efficiency of their products such as semiconductors...
