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Sinokor Orders Four Container Ships Worth $835 Million from HD Hyundai

Sinokor Orders Four Container Ships Worth $835 Million from HD Hyundai

Photo= HD hyundai Korea's premier shipbuilding conglomerate HD Hyundai has secured an order for four large container ships from Sinokor Merchant Marine. Continuing its solid order momentum this year, HD Hyundai is enhancing its competitiveness through differentiated eco-friendly shipbuilding technologies. According to Norwegian shipping outlet TradeWinds on July 9, HD Hyundai has signed a contract with Sinokor for the construction

Jul 9 2025
11:00 AM PDT
Develon Names Sales Veteran to Lead North America Amid Push for Profitability

Develon Names Sales Veteran to Lead North America Amid Push for Profitability

(Photo=Develon) South Korean construction equipment maker Develon has appointed a new CEO for its North American operations, betting on a proven sales leader to turn around sluggish results ahead of a major corporate merger next year. Several construction equipment industry outlets, including Construction Equipment Guide, reported on July 8 that Develon named Woo-Hyun Kim as CEO of its North American

Jul 9 2025
10:00 AM PDT
Sebang Lithium Battery Eyes U.S. and Europe Plants Amid Demand for China Alternatives

Sebang Lithium Battery Eyes U.S. and Europe Plants Amid Demand for China Alternatives

(Photo=TheWorldfolio) Sebang Lithium Battery, a subsidiary of South Korean battery maker Sebang Global Battery, is planning to build manufacturing facilities in the United States and Europe as it looks to expand its presence overseas. The company, which supplies lithium battery modules to Hyundai Motor Group, aims to capitalize on growing demand and diversify its global footprint. In an interview on

Jul 9 2025
09:00 AM PDT
Mom’s Touch Signs First Franchise Deal in Japan, Aims for 30 Stores by Year-End

Mom’s Touch Signs First Franchise Deal in Japan, Aims for 30 Stores by Year-End

Photo=Mom’s Touch South Korea's homegrown burger and chicken brand Mom's Touch has signed its first franchise agreement in Japan, marking a significant step in its overseas expansion. The company aims to establish 30 franchise locations in Japan by the end of this year. Mom’s Touch Tokyo, the brand’s Japanese subsidiary, signed the initial franchise agreement on June 30 with Kagi-san,

Jul 8 2025
12:00 PM PDT
LG Electronics Weighs Reopening Mexicali Plant in Strategic Move to Offset Tariff Risks

LG Electronics Weighs Reopening Mexicali Plant in Strategic Move to Offset Tariff Risks

Photo=LG Electronics LG Electronics is considering reopening its Mexicali plant in Mexico, six months after it was shut down, as part of a broader strategy to convert the facility into a dedicated washing machine and dryer production hub. Despite ongoing tariff risks between the United States and Mexico, the company appears to be taking a bold step to respond more

Jul 8 2025
11:00 AM PDT