South Korean Government to Provide Huge Amount of Financial Support for Small to Midsize Companies Specializing in Semiconductor, Bio-Health, and Future Cars Industries

Process of selecting 250 companies in the fields of system semiconductor, bio-health, and future cars will start on the 23rd. This is a support project that will start this year for the first time by Ministry of SMEs and Startups (MSS) in order to provide personalized support for small to midsize companies that are in… Continue reading South Korean Government to Provide Huge Amount of Financial Support for Small to Midsize Companies Specializing in Semiconductor, Bio-Health, and Future Cars Industries

Kakao Makes Strategic Investment in Electric Vehicle Charging Service Provider Daeyoung Chaevi

Kakao has carried out a large investment into an electric vehicle charging service provider called Daeyoung Chaevi.As electric vehicles are becoming a norm, Kakao is looking into strengthening various mobility services using electric vehicle charging infrastructures. It is heard that Kakao is drawing up innovative models in various forms that are connected to various services… Continue reading Kakao Makes Strategic Investment in Electric Vehicle Charging Service Provider Daeyoung Chaevi

Many New Cars Integrated with Cutting-Edge Technologies Expected to Be Released Next Year

New cars that are integrated with cutting-edge technologies will be made available next year. Cars that show off their advanced technologies by having their platform, design, and powertrain completely changed are preparing to be released. As a recent trend amongst consumers who prefer mental satisfaction compared to price has been applied to the automotive market,… Continue reading Many New Cars Integrated with Cutting-Edge Technologies Expected to Be Released Next Year

Galaxy S11 Series to Be Equipped with Superhigh Quality Cameras and Batteries with Large Capacities

Level of interests towards Samsung Electronics’ flagship smartphone ‘Galaxy S11’ that will be released in 2020 has heightened. Various predictions mixed with expectations are coming out like water confined by a dam.There is even a rendering image that reminds one of actual Galaxy S11 has come to the surface. Although the image is based on… Continue reading Galaxy S11 Series to Be Equipped with Superhigh Quality Cameras and Batteries with Large Capacities

South Korea Still Lacking Competitive Edge in Key Battery Materials

It is shown that South Korea, which is considered as a lithium-ion battery powerhouse, is still far away from catching up to China and Japan when it comes to market shares of four key battery materials such as cathode material, anode material, electrolyte, and separator film.According to the results of an investigation recently announced by… Continue reading South Korea Still Lacking Competitive Edge in Key Battery Materials

[AIR FAIR AWARDS – AIR STARTUP] CarbonTech won ‘AIR STARTUP’ withOutdoor Air Cleaner ‘Four Season Total Care System’

CarbonTechparticipated in ‘AIR FAIR 2019’ held at Coex C Hall in Samseong-dong in Seoul from October 25 to 27 and received the ‘AIR START UP’. Organized by Korea Air Cleaning Association, K.Fairs, and IT World Korea, the AIR FAIR AWARDS selects excellent brands in 5 areas which are design, technical skills, innovativeness, new technology, etc.… Continue reading [AIR FAIR AWARDS – AIR STARTUP] CarbonTech won ‘AIR STARTUP’ withOutdoor Air Cleaner ‘Four Season Total Care System’

Hyundai Motor Group to Focus on Improving Its Lineup of Future Vehicles and Profitability in 2020

It is expected that Hyundai Motor Group’s focus for next year’s management will be open innovation to respond to future mobility generation proactively and market expansion to diversify profitability.Pioneering emerging markets such as South-East Asia and recovering its business in the Chinese market are also important issues as it focuses on future mobility technology regarding… Continue reading Hyundai Motor Group to Focus on Improving Its Lineup of Future Vehicles and Profitability in 2020

StarinTech’s TryAngle Platform to Carry out a Contest for Blockchain Projects

StarinTech (CEO Moon Kyung-mi) announced that it would launch its platform ‘TryAngle’ that is for startups on the 11th of next month. TryAngle is a contest for startups and it provides practical benefits for startups after they are evaluated by judges.TryAngle’s first focus is on blockchain. It is going to select ten domestic and foreign… Continue reading StarinTech’s TryAngle Platform to Carry out a Contest for Blockchain Projects

MCNEX Expecting an Increased Supply of Camera Modules as Hyundai Motor Group Getting Ready to Release Many New Models

MCNEX, which predicted that it would have the company’s best annual performance this year due to expanded application of multi-cameras for Smartphones, is also seeing a golden opportunity from its vehicle camera business. It now has higher expectation on supplying more vehicle cameras as Hyundai Motor Company and Kia Motors, which are its key customers,… Continue reading MCNEX Expecting an Increased Supply of Camera Modules as Hyundai Motor Group Getting Ready to Release Many New Models

European Countries Planning on Constructing Their Own Battery Cell Production Facilities

Followed by France and Germany, Norway also started to invest into making its own electric vehicle batteries. This recent trend where many European countries started to become self-sufficient in batteries shows that they are looking not to lose the control of automotive markets in the future.According to foreign press and South Korean industries, FREYR recently… Continue reading European Countries Planning on Constructing Their Own Battery Cell Production Facilities