SEOUL, Jan. 30 (Korea Bizwire) — KT&G Corp., South Korea’s dominant tobacco company, said Monday it has extended its partnership with Philip Morris International Inc. (PMI) to strengthen its presence in global e-cigarette markets. KT&G and PMI have signed a 15-year supply contract, in which the former will distribute its e-cigarette product line Iil through [...]
SEOUL, Jan. 16 (Korea Bizwire) — South Korea’s leading electric vehicle (EV) battery maker, LG Energy Solution Ltd. (LGES), and defense-focused Hanwha Group said Monday they have joined hands to establish battery production facilities for the energy storage system (ESS) in the United States and develop batteries for air mobility and other future growth engines. [...]
SEOUL, Dec. 14 (Korea Bizwire) — Retailer Shinsegae Group and local telecom giant KT Corp. said Wednesday they will work together in the digital transformation of shopping, logistics and land development. Shinsegae and KT signed a partnership deal earlier in the day to join hands in five sectors: customer management, logistics, land development, online shopping [...]
VICTORIA, Seychelles, March 4 (Korea Bizwire) — Premier League champions Manchester City have today announced a global partnership with the world’s second largest crypto exchange, OKX, naming it the Club’s Official Cryptocurrency Exchange Partner. OKX’s first venture into the world of sport and entertainment, the partnership will span Manchester City men’s and women’s teams, in addition [...]
SEOUL, Feb. 25 (Korea Bizwire) — Hyundai Motor Co. said Friday it has signed an initial pact with Shell Plc for cooperation in electrification and carbon neutrality. Last week, Hyundai Motor signed a memorandum of understanding with Shell, Europe’s biggest oil firm, to collaborate on electric vehicle charging infrastructure, hydrogen fuel-cell electric vehicle supplies, and [...]
SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Thursday it has partnered with U.S. quantum computer firm IonQ for battery development. The partnership will allow Hyundai Motor to use IonQ’s quantum computers to develop more effective car batteries, Hyundai said in a statement. Quantum-powered chemistry simulation is expected to significantly enhance [...]
SEOUL, Jan. 17 (Korea Bizwire) — KT Corp., South Korea’s major telecom operator, said Monday it has partnered with major South Korean lender Shinhan Bank to collaborate in new businesses, including artificial intelligence and platform services. KT said it will also acquire a 2.1 percent stake in Shinhan Bank for 437.5 billion won (US$366.9 million) [...]
HONG KONG SAR, Dec. 29 (Korea Bizwire) – Media OutReach and Agence France-Presse (AFP) have entered into a news content partnership where Media OutReach’s client press releases will be distributed to all AFP’s newsrooms editors and journalists, including corporate and media subscribers, across APAC and globally. Over the last decade, Media OutReach, a newswire company, has [...]
Amsterdam, the Netherlands, Dec. 23 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced it has signed a 12-year strategic partnership with IJsselland Hospital (Capelle aan den Ijssel, The Netherlands). As the hospital’s strategic technology partner, Philips will target improved care for patients and care providers at IJsselland Hospital and in [...]
NEW YORK, Nov. 17 (Korea Bizwire) — The National Basketball Association (NBA) and Sportradar Group AG (NASDAQ: SRAD), the leading global sports technology company creating immersive experiences for sports fans and bettors, today announced an expansive multiyear partnership agreement that will see the NBA, Women’s National Basketball Association (WNBA) and NBA G League use Sportradar’s [...]