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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.

SK hynix CEO Kwak Noh-jung says 'stakes are high' in AI evolution

Kwak Noh-jung, chief executive officer (CEO) of SK hynix, has emphasized the critical role of Korea's semiconductor industry, saying "stakes are high" in the face of rapidly evolving artificial intelligence (AI).

Feb 21, 2025By Yonhap
SK hynix CEO Kwak Noh-jung says 'stakes are high' in AI evolution

Korea to impose antidumping tariffs on Chinese steel plates

The government will impose up to 38.02 percent antidumping tariffs on steel plates from China, accepting Hyundai Steel's claim that the oversupply of low-priced Chinese products has damaged the domestic industry.

Feb 20, 2025By Park Jae-hyuk
Korea to impose antidumping tariffs on Chinese steel plates

Food minister determined to bolster traditional alcohol exports

CHEONGJU, North Chungcheong Province — Minister of Agriculture, Food and Rural Affairs Song Mi-ryung said Thursday that she will boost the country’s traditional alcohol exports by strengthening local breweries and enhancing overseas promotion efforts.

Feb 20, 2025By Ko Dong-hwan
Food minister determined to bolster traditional alcohol exports

Korean biotechs on alert over Trump's tariff threats

U.S. President Donald Trump threatened to impose tariffs of around 25 percent on pharmaceutical imports on Tuesday, raising concerns among Korean biopharmaceutical firms.

Feb 20, 2025By Nam Hyun-woo
Korean biotechs on alert over Trump's tariff threats

Korea urged to utilize GM as bargaining chip against Trump’s tariff threats

The Korean government and local carmakers should consider using General Motors (GM) Korea as a possible bargaining chip to counter the United States' ongoing threats of car import tariffs, experts said Thursday.

Feb 20, 2025By Lee Min-hyung
Korea urged to utilize GM as bargaining chip against Trump’s tariff threats
  • Trump says he will announce tariffs on cars, chips, pharmaceuticals 'over next month or sooner'

Ryu Jin reappointed as FKI chief

Federation of Korean Industries (FKI) Chairman Ryu Jin, who extended his term for another two years on Thursday, said the business lobby will form a special delegation for its United States visit in March.

Feb 20, 2025By Lee Min-hyung
Ryu Jin reappointed as FKI chief

GKL, Kakao Mobility partner to offer ride-hailing service for tourists

Grand Korea Leisure (GKL) President Yoon Doo-hyun, left, poses with Kakao Mobility Executive Vice President Choi Woo-yeol after signing a memorandum of understanding at the former's office in Samseong-dong, Seoul, Wednesday. GKL, the operator of the foreigner-exclusive Seven Luck Casino, and Kakao Mobility, which operates Kakao Taxi and other mobile transportation platform services, agreed to link the former's mobile platform SevenLuck+ with Kakao Mobility's k.ride, a foreigner-exclusive ride-hailing service. Through the partnership, foreign customers will be able to hail Kakao T Blue, Venti, Black and Deluxe taxis and pay fares seamlessly on the SevenLuck+ app, the companies said Thursday. Courtesy of Grand Korea Leisure

Feb 20, 2025By Nam Hyun-woo
GKL, Kakao Mobility partner to offer ride-hailing service for tourists

Shipbuilding rivalry heats up in US

Korea's two rival shipbuilders made respective efforts this week to expand their presence in the U.S. market as the Donald Trump administration seeks to rely on allied shipyards to curb China's growing dominance in the global marine industry.

Feb 20, 2025By Park Jae-hyuk
Shipbuilding rivalry heats up in US

INTERVIEW BYD Korea to target middle-aged consumers with hybrid EVs

BYD Korea is currently in talks with its headquarters in China regarding the potential sale of hybrid electric vehicles (EVs) in the Korean market. This move is aimed at appealing to middle-aged consumers who hold more conservative views toward fully electric vehicles, according to Cho In-chul, the managing director of passenger vehicles at the company.

Feb 20, 2025By Lee Min-hyung
[INTERVIEW] BYD Korea to target middle-aged consumers with hybrid EVs

Grand Koleos E-Tech Hybrid delivered to EU ambassador

Renault Korea has delivered its Grand Koleos E-Tech Hybrid to EU Ambassador to Korea Maria Castillo Fernandez.

Feb 20, 2025By Lee Min-hyung
Grand Koleos E-Tech Hybrid delivered to EU ambassador
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