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.
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.
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.
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.
Firefighters conduct a fire extinguishing drill at a battery factory in Sasang District, Busan, on Thursday afternoon.
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.
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.
Hitejinro, behind the Chamisul and Jinro soju brands, unveiled plans to expand the appeal of soju, from new flavors to a new factory in Vietnam.
Shares of Samyang Foods, known for its spicy Buldak Ramen, once again hit a record high after the food manufacturer announced an expansion of production lines for the popular instant noodle.
Korea’s industrial output dropped in March at the fastest pace in four years due to declines in manufacturing production.
Korea JoongAng Daily Sitemap
