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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.

Kolmar Korea's new formulation cuts cosmetics production time in half

Cosmetics original development manufacturer (ODM) Kolmar Korea is receiving positive feedback from its clients for a new product formulation system that reduces the time required to bring new products to market by nearly half.

Feb 23, 2025By Ko Dong-hwan
Kolmar Korea's new formulation cuts cosmetics production time in half

SK chairman urges stronger AI ties between Korea, US, Japan

SK Group Chairman Chey Tae-won emphasized the importance of trilateral cooperation between Korea, the United States and Japan over artificial intelligence (AI) and energy during a forum hosted by the group’s think tank.

Feb 23, 2025By Nam Hyun-woo
SK chairman urges stronger AI ties between Korea, US, Japan
  • KCCI chief calls for 'synergetic' projects between Korea, US

First woman internal director to join Hyundai Motor's board

Jin Eun-sook, executive vice president and head of Hyundai Motor’s ICT innovation division, will become the carmaker’s first woman internal director to boost gender diversity on the firm’s board.

Feb 22, 2025By Lee Min-hyung
First woman internal director to join Hyundai Motor's board

KOGAS returns to profitability in 2024 on higher operating income

Korea Gas Corp. reported Friday a strong return to profitability in 2024, driven by a surge in operating profit and efforts to reduce interest expenses.

Feb 21, 2025By Kang Seung-woo
KOGAS returns to profitability in 2024 on higher operating income

KCCI chief calls for 'synergetic' projects between Korea, US

Chey Tae-won, chairman of SK Group and the Korea Chamber of Commerce and Industry (KCCI), called for Washington’s greater incentives for Korean businesses that are considering additional investments into the United States, saying those incentives can be “things that the two countries can do together to create mutually beneficial outcomes.”

Feb 21, 2025By Nam Hyun-woo
KCCI chief calls for 'synergetic' projects between Korea, US
  • SK chairman urges stronger AI ties between Korea, US, Japan

Gov’t urged to force Chinese firms to operate servers in Korea

The government should introduce tougher regulatory measures on Chinese firms operating in Korea by requiring them to host their server here or use data centers within Korean territory amid unceasing concerns over personal data leaks, experts and industry officials said Friday.

Feb 21, 2025By Lee Min-hyung
Gov’t urged to force Chinese firms to operate servers in Korea

BYD Korea has no plans to sell DeepSeek-integrated vehicles

BYD Korea does not have any immediate plans to sell vehicles integrated with artificial intelligence (AI) software from DeepSeek, a spokesman at the Chinese electric vehicle (EV) maker said, Friday.

Feb 21, 2025By Lee Min-hyung
BYD Korea has no plans to sell DeepSeek-integrated vehicles

Will Korean firms return to Russia?

The recent negotiations between the United States and Russia on ending the latter's three-year war in Ukraine have brought cautious optimism that major Korean companies may resume their operations in the world's largest country.

Feb 21, 2025By Park Jae-hyuk
Will Korean firms return to Russia?

Lotte ordered to pay $3.48 mil. to Coupang Play over 'Hansan' distribution rights

A court has ruled in favor of Coupang Play in its legal dispute with Lotte Culture Works over the latter's decision to provide a director's version of a local movie to Netflix despite an exclusive supply contract with Coupang Play.

Feb 21, 2025By Yonhap
Lotte ordered to pay $3.48 mil. to Coupang Play over 'Hansan' distribution rights

China's Temu increases scope of required data from Korean users

Chinese e-commerce platform Temu has increased the scope of data required from its Korean users to include addresses, phone numbers and customs codes, its new policy showed Friday.

Feb 21, 2025By Yonhap
China's Temu increases scope of required data from Korean users
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