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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

LG Energy Solution, Samsung SDI win InterBattery Awards

LG Energy Solution and Samsung SDI have claimed honors at InterBattery Awards 2025, proving their battery tech prowess for the second straight year, the two battery firms said Monday.

Feb 24, 2025By Lee Min-hyung
LG Energy Solution, Samsung SDI win InterBattery Awards
  • InterBattery 2025 to feature innovations through collaborations

Calls grow for domestic investment incentives to counteract Trump threats

Calls are growing for the government to provide much stronger incentives for domestic investments in strategically important sectors, in order to prevent U.S. President Donald Trump's protectionist policies from causing an exodus of high-paying manufacturing jobs to his country.

Feb 24, 2025By Park Jae-hyuk
Calls grow for domestic investment incentives to counteract Trump threats
  • Trump inks memo to facilitate allies' investment, restrict China from investing in strategic sectors
  • Industry minister to visit US as early as this week for talks on new tariff scheme
  • Trump says Canada, Mexico tariffs moving 'forward' on schedule

Hyundai Steel suspends cold-rolled steel plant amid stalled wage talks

Hyundai Steel, Korea's second-biggest steelmaker by sales, said Monday it has suspended its cold-rolled steel plant in the wake of a monthlong strike by its workers demanding pay hikes.

Feb 24, 2025By Yonhap
Hyundai Steel suspends cold-rolled steel plant amid stalled wage talks

Samsung Electronics, union reach tentative wage deal for 5.1% pay hike

Samsung Electronics and its labor union on Monday reached a tentative wage agreement, which includes an average 5.1 percent pay raise for 2025, officials said.

Feb 24, 2025By Yonhap
Samsung Electronics, union reach tentative wage deal for 5.1% pay hike

Bhc opens 4th US store in San Diego

Chicken brand bhc said Monday it has opened its fourth U.S. location in Rancho Bernardo, a neighborhood of San Diego.

Feb 24, 2025By Ko Dong-hwan
Bhc opens 4th US store in San Diego

Hyundai Motor's battery strategy intensifies pressure on domestic suppliers

Hyundai Motor’s decision to source electric vehicle (EV) batteries in-house is putting pressure on local battery manufacturers, who might face potential declines in sales from the nation's largest carmaker and other companies that may follow suit, experts and industry officials said Monday.

Feb 24, 2025By Lee Min-hyung
Hyundai Motor's battery strategy intensifies pressure on domestic suppliers

POSCO supports university students' global volunteer activities

Another group of university students recently finished eight months of volunteering in Korea and overseas with the support of POSCO.

Feb 24, 2025By Park Jae-hyuk
POSCO supports university students' global volunteer activities

KEF publishes English-language booklet on Korea's business environment, labor market

The Korea Enterprises Federation (KEF), chaired by Sohn Kyung-shik, released on Monday an English-language booklet that outlines key issues related to the country's corporate environment and labor market, aiming to help international institutions understand Korea's business landscape.

Feb 24, 2025By Nam Hyun-woo
KEF publishes English-language booklet on Korea's business environment, labor market

Celltrion's autoimmune disease treatment gets approval in Europe

Celltrion, a major Korean biopharmaceutical firm, said Monday its new biosimilar for an autoimmune disease treatment has obtained approval from the European Commission (EC).

Feb 24, 2025By Yonhap
Celltrion's autoimmune disease treatment gets approval in Europe

Samsung Display partners with Intel for AI-specific screens

Samsung Display and Intel have signed a new partnership to jointly develop next-generation display solutions for artificial intelligence (AI)-specific devices, as well as collaborate on global marketing efforts, the display maker said Sunday.

Feb 23, 2025By Ko Dong-hwan
Samsung Display partners with Intel for AI-specific screens
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