Kan Hyeong-woo

Reporter at The Korea Herald

Reporter at The Korea Herald

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Articles

LG, GM to produce more affordable EV batteries in US by 2028

3 days ago | koreaherald.com | Kan Hyeong-woo

Lithium manganese-rich prismatic battery cells to be loaded onto GM’s future electric trucks and SUVsLG Energy Solution and General Motors will roll out lithium manganese-rich, or LMR, prismatic battery cells for the latter’s electric trucks and sport utility vehicles by 2028, the companies announced Wednesday.
[Photo News] Doosan deepens Czech ties

3 days ago | koreaherald.com | Kan Hyeong-woo

Doosan Enerbility Chair and CEO Park Gee-won (right) speaks with Czech President Petr Pavel during a reception for the Prague Spring International Music Festival at Smetana Hall in Prague on Monday. The Korean power plant company is sponsoring the traditional music event as part of its efforts to expand its presence in the Czech Republic.
Saudi Aramco reaffirms commitment to Korea’s Shaheen project

3 days ago | koreaherald.com | Kan Hyeong-woo

Downstream chief visits Ulsan site, praises progress on $6.5b projectSaudi Aramco, the world’s largest oil company, has pledged continued support for the successful completion of the 9.26 trillion won ($6.5 billion) Shaheen project in Korea, S-Oil said Tuesday. According to S-Oil, Mohammed Y.
Doosan launches AI lab to drive next-gen machinery innovation

3 days ago | koreaherald.com | Kan Hyeong-woo

Korean machinery conglomerate joins hands with Stanford’s Institute for Human-Centered AIDoosan has established the Physical AI Lab, a new body dedicated to advancing and overseeing artificial intelligence innovation in its major business sectors such as robotics, construction equipment and generators, the Korean machinery conglomerate said Tuesday.
Trump’s tariffs not reactionary, says longtime adviser

5 days ago | koreaherald.com | Kan Hyeong-woo

David Scharf, NY lawyer with two decades of Trump ties, highlights Trump’s reliance on businesspeopleUS President Donald Trump and his administration have been rocking the global trade landscape with talk and the imposition of unprecedentedly high tariffs since the first day in office, claiming that the import taxes will “make America great again,” which has led some to call the US leader a reactionary, someone seeking to reverse and restore society to a state he believes existed before.
Hyundai Motor gears up to reenter Russia

1 week ago | koreaherald.com | Kan Hyeong-woo

Chinese automakers hesistant to build production sites in Russia: reportHyundai Motor Group could seize an opportunity to return to the Russian market as Moscow looks to curb auto imports and Chinese automakers hesitate to set up local production sites, according to a report from the Korea Automotive Technology Institute released Friday.
[Photo News] Grand Koleos to hit roads across Latin America

1 week ago | koreaherald.com | Kan Hyeong-woo

Renault Korea has completed the boarding process of the first batch of locally manufactured midsized sport utility vehicle, Grand Koleos, headed to the Latin American region, the French auto brand's Korean office said Thursday. According to the automaker, a total of 894 units will be sold in Mexico and Colombia as it plans to expand the regional sales of the SUV to nearby markets such as Brazil, Uruguay, Panama and the Dominican Republic in the future. (Renault Korea)[email protected]
Samsung bets on audio growth with $350m Sound United deal

1 week ago | koreaherald.com | Kan Hyeong-woo

Latest takeover marks tech giant’s 1st M&A since $8 billion Harman acquisition in 2016Samsung Electronics is strengthening its audio business by acquiring Masimo’s Sound United consumer audio business for a price of $350 million. According to Samsung on Wednesday, its audio subsidiary Harman International plans to close the transaction by the end of this year as it looks to further solidify its leadership in the fast-growing global audio market.
LG Energy Solution eyes European ESS market with locally made batteries

1 week ago | koreaherald.com | Kan Hyeong-woo

Korean firm to unveil battery passport system to cope with European regulationLG Energy Solution will unveil a new 20-foot container-type energy storage system equipped with made-in-Europe lithium iron phosphate battery cells at the InterBattery Europe 2025 held at Messe Munich this week, the company said Tuesday. The Korean battery maker underscored that the new ESS product's stackable structure and thermal barrier technology provides higher energy density and improved safety.
Samsung SDI to showcase next-gen battery tech for AI data centers at InterBattery Europe

1 week ago | koreaherald.com | Kan Hyeong-woo

Korean battery-maker says its optimized solution guarantees high performance, maximum safetySamsung SDI will look to capture global attention with a full-size uninterruptible power supply -- or UPS -- system made for artificial intelligence data centers at InterBattery Europe 2025 in Munich this week, as the battery-maker showcases a wide range of next-generation products, the company said Tuesday.