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Industry

Giatec enters auto parts inspection market with vision inspection technology

Giatec has signed a contract to supply an automotive glass defect inspection system, marking its full-scale entry into the auto parts inspection market. The company said on Oct. 26 it signed a deal worth about 3.15 billion won with a client. The scope includes upgrading equipment on existing inspection lines and building new ones. The system uses high-resolution vision technology to automatically detect defects.

Industry

Solus Advanced Materials wins European patent lawsuit against SK Nexilis

Solus Advanced Materials won a European battery foil patent infringement lawsuit against SK Nexilis, it said on Oct. 26. Solus said the Mannheim local division of the Unified Patent Court dismissed SK Nexilis\' claim and ordered it to pay 1.1 million euros in legal costs. The dispute centered on how to measure the surface roughness indicator Rpc. The court rejected SK Nexilis\' conversion method and found no infringement.

Finance

Woori Financial supplies 34.7 trillion won in productive, inclusive finance over a year, expands SME and regional share

Woori Financial Group supplied 34.7 trillion won in productive and inclusive finance over a year under its Future Shared Growth Project launched in September last year. It expanded funding to small and medium-sized firms and regional businesses, while increasing support for vulnerable groups through measures such as long-overdue debt write-offs. The group said it reviewed performance and next year’s plans at a financial council meeting chaired by Chairman Lim Jong-ryong.