POSCO's Indonesian steel mill, PT.Krakatau POSCO, turned into a surplus after four years of operation and exceeded 10 million tons of cumulative sales.
Samsung Electronics started operating the factory with a shipment ceremony at the new home appliance factory in Newberry County, South Carolina on November 12, attended by Kim Hyun-seok, head of Samsung Electronics consumer electronics (CE) and Henry McMaster, South Carolina Governor.
Samsung Electronics will produce the 2nd generation 8GB HBM2(High Bandwidth Memory) DRAM(Aquabolt™), with the fastest data transmission speed on the global market.
Hyundai IBT announced on December 21 that it plans to transfer to the Tokyo Stock Exchange as soon as possible after the Japanese joint venture Vita Bride has increased sales of Japan to meet the requirements for listing on the Japanese stock market.
Hyundai Development Company held a board meeting on Dec 5 and voted for converting to holding company structure by dividing current structure of HDC to holding company HDC(tentatively named) and HDC Hyundai Development Company(tentatively named).
Samsung Advanced Institute of Technology has succeeded in developing a battery material named 'graphene ball' which has a 45% larger battery capacity, and accelerates charging speed 5 times faster than existing lithium ion batteries.