Companies

Korean conglomerates have over 200 entities in Mexico, Canada: report

Korean conglomerates operate more than 200 business entities in Mexico and Canada facing heavy tariffs by the U.S. government, possibly from next month, a report showed Tuesday.

Feb 4, 2025By Yonhap

Korean conglomerates have over 200 entities in Mexico, Canada: report

Hyundai Motor Group sweeps major awards in US, UK

Hyundai Motor Group has swept major auto awards in the United States and Britain in recognition of the carmaker’s diverse model lineup encompassing small to large vehicles, electric cars and high-performance vehicles, the company said Tuesday.

Feb 4, 2025By Lee Min-hyung

Hyundai Motor Group sweeps major awards in US, UK

Korean business delegation to visit US for talks on cooperation under Trump

Korean business delegation led by SK Group Chairman Chey Tae-won plans to visit the United States for discussions on bilateral economic cooperation under the second Donald Trump administration, sources said Tuesday.

Feb 4, 2025By Yonhap

Korean business delegation to visit US for talks on cooperation under Trump

LX Pantos forms US joint venture with ONE, Japan's major container shipping firm

LX Pantos said Tuesday that it recently set up a joint venture named BoxLinks with Ocean Network Express (ONE), becoming the first Korean logistic firm that has established a U.S. joint venture with Japan's largest shipping company.

Feb 4, 2025By Park Jae-hyuk

LX Pantos forms US joint venture with ONE, Japan's major container shipping firm

Olive Young launches US subsidiary, cements K-beauty's global base

Beauty retail giant CJ Olive Young launched its subsidiary in the United States, cementing its market presence in the world’s largest beauty market, the retail chain operator said Tuesday.

Feb 4, 2025By Ko Dong-hwan

Olive Young launches US subsidiary, cements K-beauty's global base

AMCHAM chief reports positive outcomes from US visit for Trump inauguration

The head of the American Chamber of Commerce in Korea (AMCHAM) engaged in productive discussions in strengthening Korean-U.S. economic cooperation during a visit to Washington for President Donald Trump's inauguration, the chamber said Tuesday.

Feb 4, 2025By Yonhap

AMCHAM chief reports positive outcomes from US visit for Trump inauguration

SK Chairman Chey Tae-won meets with OpenAI CEO Sam Altman

SK Group Chairman Chey Tae-won met with Open AI founder and Chief Executive Officer (CEO) Sam Altman in Seoul on Tuesday, discussing ways to enhance cooperation in artificial intelligence (AI), industry sources said.

Feb 4, 2025By Yonhap

SK Chairman Chey Tae-won meets with OpenAI CEO Sam Altman

SK Telecom to join MIT-led consortium for generative AI

SK Telecom, Korea's largest mobile carrier, said Tuesday it will collaborate with the Massachusetts Institute of Technology (MIT) as part of its broader strategies to enhance its artificial intelligence (AI) capabilities.

Feb 4, 2025By Yonhap

SK Telecom to join MIT-led consortium for generative AI

Battery firms on alert against Trump tariffs on Canada

Korean battery firms operating in Canada expressed concerns Monday about U.S. President Donald Trump's plan to start imposing 25 percent tariffs from Tuesday on imports from the North American neighbor.

Feb 3, 2025By Park Jae-hyuk

Battery firms on alert against Trump tariffs on Canada

Korea fears repercussions over impending US tariffs on Mexico, Canada, China

LG Chem shifts to Q4 loss as demand falls

LG Chem, Korea's leading chemical firm, said Monday it shifted to a net loss in the fourth quarter from a year earlier due to lower demand for petrochemical and battery materials products.

Feb 3, 2025By Yonhap

LG Chem shifts to Q4 loss as demand falls

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Companies

Korean conglomerates have over 200 entities in Mexico, Canada: report

Hyundai Motor Group sweeps major awards in US, UK

Korean business delegation to visit US for talks on cooperation under Trump

LX Pantos forms US joint venture with ONE, Japan's major container shipping firm

Olive Young launches US subsidiary, cements K-beauty's global base

AMCHAM chief reports positive outcomes from US visit for Trump inauguration

SK Chairman Chey Tae-won meets with OpenAI CEO Sam Altman

SK Telecom to join MIT-led consortium for generative AI

Battery firms on alert against Trump tariffs on Canada

LG Chem shifts to Q4 loss as demand falls

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