Korea Joongang Daily
Korea JoongAng Daily

LG Innotek to invest $408 million to upgrade chip factory

LG Innotek will invest 600 billion won ($408 million) into its factory in Gumi, North Gyeongsang, through December 2026.

2025-03-25

North Korea's Kim attends factory openings in push to promote regional development policy

North Korean leader Kim Jong-un attended the inauguration of local industrial factories in Jaeryong County, South Hwanghae Province, on Tuesday, kicking off his first economy-related activity of the year, the state media said Wednesday.

2025-01-08

Korean, Japanese military and civilian sites targeted in leaked Russian military plans: Report

Russia’s military drafted detailed plans targeting civilian and military sites in Korea and Japan over a decade ago, according to a Financial Times report on Tuesday.

2025-01-01

Samsung Display to invest $1.8 billion in new OLED plant in Vietnam: Reports

Samsung Display plans to invest $1.8 billion to build a factory in northern Vietnam for organic light-emitting diode (OLED) displays used in automobiles and technology equipment, according to media outlets Reuters and VnExpress.

2024-09-24

HD Hyundai Electric breaks ground on circuit breaker smart factory

HD Hyundai Electric will build a smart factory for low- and medium-voltage circuit breakers in Cheongju, North Chungcheong, in a bid to strengthen its competitiveness in the distribution equipment sector.

2024-09-03

Nongshim to spend $143 million to build export-only factory in Busan

Nongshim will spend 191.8 billion won ($143 million) to build an export-only factory in Busan with the aim of doubling its ramyeon exports by the second half of 2026.

2024-08-30

Hyundai’s Georgia EV plant faces permit review over water impact concerns

A U.S. agency plans to reexamine the environmental permit for Hyundai Motor Group’s EV factory in Georgia ahead of its planned October opening.

2024-08-27

Preparing for the worst

Firefighters conduct a fire extinguishing drill at a battery factory in Sasang District, Busan, on Thursday afternoon.

2024-06-27

Hwaseong factory fire exposes risks in illegal use of foreign labor

The Hwaseong battery factory fire, which resulted in the highest number of foreign worker deaths of any industrial accident in Korean history, has brought to light potential dangers in the illegal use of immigrant labor.

2024-06-26

Hitejinro's first overseas factory to produce fruit soju for 86 countries

Hitejinro plans to build its first overseas soju factory in Vietnam with an $77 million investment, aiming to produce fruit soju for distribution in more than 86 countries by mid-2026.

2024-06-19