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ELN&F Signs Long-Term Supply Agreement for LFP Cathodes with CoreShell Technology ELN&F Signs Long-Term Supply Agreement for LFP Cathodes with CoreShell Technology

Global battery materials company ELN&F announced on July 29 that it has signed a long-term supply agreement for lithium iron phosphate (LFP) cathodes with U.S. battery technology firm CoreShell Technology.This agreement comes amid a market environment where the origin, supply chain, and regulatory requirements for battery materials are increasingly stringent in the United States.ELN&F successfully secured this contract based on its capability to supply LFP cathodes that comply with U.S. supply c

BYD, the Worlds Leading Electric Vehicle Maker, Enters Humanoid Robotics BYD, the World's Leading Electric Vehicle Maker, Enters Humanoid Robotics

BYD, the world's largest electric vehicle manufacturer, is entering the humanoid robotics industry. Given BYD's strong manufacturing base, significant disruption is expected.On July 29, BYD announced that it plans to unveil a humanoid robot in early August, stating, "A new friend wants to meet you." In June, BYD Vice President Li Ke mentioned in an interview with local media that the company is currently developing humanoid robots. He stated, "Our goal is to place two to three humanoids at BYD v

Kolon Industries Establishes PU Synthetic Leather Production Line in Gimcheon Kolon Industries Establishes PU Synthetic Leather Production Line in Gimcheon

Kolon Industries is expanding its portfolio of automotive interior materials by establishing a PU (polyurethane) synthetic leather production line.The company announced on July 29 that it held a completion ceremony for the PU production line at its Gimcheon plant on July 28. Kolon invested approximately 24 billion won to build the synthetic leather production system over about 17 months, from February of last year to June of this year.PU synthetic leather replicates the texture and feel of natur

Sampyo Industries Unveils Special Concrete Technology for Extreme Weather Conditions Sampyo Industries Unveils Special Concrete Technology for Extreme Weather Conditions

Sampyo Group has unveiled special concrete technology designed to withstand extreme weather conditions such as heat waves and heavy rainfall.On July 27, Sampyo Industries, a subsidiary of Sampyo Group, held a performance verification demonstration for its rain-casting concrete 'Bluecon Rain Okay' and high-temperature resistant concrete 'Bluecon Keep Slump' at the Sampyo Technology Research Institute in Hwaseong, Gyeonggi Province.The demonstration aimed to verify whether the two products can mai

SK Hynix Reports Progress in HBM Price Negotiations Amid Rising DRAM Prices SK Hynix Reports Progress in HBM Price Negotiations Amid Rising DRAM Prices

SK Hynix announced during its second-quarter earnings conference call on July 29 that it is currently negotiating supply volumes and prices for high-bandwidth memory (HBM) with major customers for 2027. The company stated that discussions are progressing smoothly, supported by strong customer demand.However, SK Hynix noted that HBM prices are not solely determined by the recent significant increase in general DRAM prices. The company emphasized that HBM involves more wafers, advanced processes,

KAMCO to Sell Additional 1.1 Trillion Won in Long-Term Delinquent Loans KAMCO to Sell Additional 1.1 Trillion Won in Long-Term Delinquent Loans

캠코(한국자산관리공사)가 새도약기금에 7만6000명의 1조1000억원어치 장기 연체채권을 추가 매각한다고 29일 밝혔다. 이번 추가 매각은 지난해 10월 1차 매각(22만9000명, 3조7000억원)의 후속 조치다. 당시 법적 절차 진행 등의 사유로 협약상 매각 대상에서 제외됐던 채권에 관해 추가 협의를 거쳐 매각을 확정했다. 이번 추가 매각으로 지난해 1차 매각 이후 새도약기금 전체 매각 규모는 30만5000명, 4조8000억원으로 불어나게 됐다. 이번 매각 대상 채무자는 채권이 새도약기금으로 이전되는 즉시 추심 대상에서 제외된다. 이후

Parata Airlines Transports 4,678 Tons of Cargo on International Routes in First Half of 2026 Parata Airlines Transports 4,678 Tons of Cargo on International Routes in First Half of 2026

Parata Airlines is accelerating its cargo business, having transported 4,678 tons of cargo on major international routes to Japan and Southeast Asia in the first half of this year.According to Parata Airlines, the total cargo volume for international routes from January to June was 4,678 tons. The Incheon-Narita route accounted for the largest share at 3,032 tons, followed by the Incheon-Da Nang route at 1,523 tons and the Incheon-Osaka route at 123 tons.Notably, cargo transport volume increased

Korean Shipbuilding Industry Expands into Marine Equipment Market, KOTRA Targets ASEAN Korean Shipbuilding Industry Expands into Marine Equipment Market, KOTRA Targets ASEAN

The Korea Trade-Investment Promotion Agency (KOTRA) is expanding the success of K-shipbuilding exports into the marine equipment sector to support entry into the ASEAN market. KOTRA announced that it held the '2026 Korea-ASEAN Maritime Week' from July 28 to 29 in Bali, Indonesia, with participation from over 40 domestic and international shipbuilding and marine equipment companies. The event was organized in collaboration with the Gyeongnam Shipbuilding and Marine Equipment Cooperative to fac

Financial Firms to Retain Responsibility for Cloud Services Amid IT Risks Financial Firms to Retain Responsibility for Cloud Services Amid IT Risks

Financial companies will now be held accountable for managing risks related to hacking, data breaches, and system failures, even when outsourcing tasks to cloud or external IT service providers. The Financial Supervisory Service announced on July 29 that it has developed 'Guidelines for Managing Third-party IT Risks for Financial Companies' in collaboration with financial associations and central organizations. This initiative comes in response to growing concerns that incidents at outsourced fi

LG Electronics Reduces Packaging Design Time from 120 Hours to 1.5 Hours with AI Agent LG Electronics Reduces Packaging Design Time from 120 Hours to 1.5 Hours with AI Agent

LG Electronics announced on July 29 that it has held an 'AX Hackathon' to enhance company-wide artificial intelligence transformation (AX) and has selected five innovative projects for implementation. According to LG Electronics, over 2,100 employees submitted more than 700 ideas. After two months of evaluation and verification, the best ideas focused on practical applications were chosen. Key selected projects include a '24-Hour Fully Autonomous Work System' that automates software developm