Hyundai Motor Company to close for a week due to semiconductor crisis

Mar 31, 2021

Seoul [South Korea], March 31 (ANI/Global Economic): As the global automobile industry began to cut production due to the lack of automotive semiconductors, Hyundai...

SK Bioscience to invest 150 billion won in vaccine factory expansion

Jun 22, 2021

Seoul [South Korea], June 22 (ANI/Global Economic): SK Bioscience has begun work to become a hub for global vaccine production.

FAO raises its forecast for global cereal production in 2023

Oct 07, 2023

FAO's new Cereal Supply and Demand Brief pegs global wheat output at 785 million tonnes, coarse grain production at 1 511 million tonnes -...

Car production in China hit due to global chip shortage

Apr 20, 2021

Beijing [China], April 20 : Amid the global shortage of semiconductors, production in China's car industry has slowed down, dashing the Chinese car market's...

India's milk production growth 3-times higher than global average

Sep 12, 2022

New Delhi [India], September 12 : Prime Minister Narendra Modi while highlighting about the substantial increase in domestic milk production in recent years said...

South Korea to supply generic drugs for COVID-19 treatments worldwide

Mar 21, 2022

Seoul [South Korea], March 21 (ANI/Global Economic): S. Korea has become a global production hub to supply generic drugs for Covid-19 treatments to middle-...