Companies

LCC seat proportion in Korea outpaces Asia-Pacific average: report

The seating proportion of low-cost carriers (LCCs) in Korea's aviation market has far surpassed the average of the Asia-Pacific region, according to an industry report Wednesday, reflecting the popularity of budget airlines in the country.

Jan 29, 2025By Yonhap

LCC seat proportion in Korea outpaces Asia-Pacific average: report

Luxury goods sales at department stores rise despite economic downturn

Korea's three major department store chains said Tuesday their luxury goods sales continued to rise last year on steady demand for premium products despite an economic slowdown.

Jan 28, 2025By Yonhap

Luxury goods sales at department stores rise despite economic downturn

SK hynix's surpasses Samsung Electronics for 1st time in quarterly profit

Chipmaking giant SK hynix has surpassed its biggest rival, Samsung Electronics, for the first time ever in terms of quarterly profit, data showed Tuesday, as robust sales of artificial intelligence (AI) memory chips pushed up its fourth-quarter figures to record highs.

Jan 28, 2025By Yonhap

SK hynix's surpasses Samsung Electronics for 1st time in quarterly profit

Doosan Skoda to list shares in Czech Republic next month

Czech-based turbine manufacturer Doosan Skoda Power will list its shares on the Prague stock exchange next month to raise funds for new growth drivers, its parent firm said Monday.

Jan 28, 2025By Yonhap

Doosan Skoda to list shares in Czech Republic next month

BYD Korea shatters prejudices with solid pre-orders for Atto 3 flagship EV

BYD Korea is on a surprising track to break prevalent negativity against Chinese vehicles, achieving a landmark pre-order of some 1,000 Atto 3 electric SUVs in only a week after the brand's debut here.

Jan 28, 2025By Lee Min-hyung

BYD Korea shatters prejudices with solid pre-orders for Atto 3 flagship EV

Korean seaports to maintain normal operations over holiday: ministry

Korea's major seaports will continue to operate normally throughout the extended Lunar New Year holiday this week, the oceans ministry said Sunday.

Jan 26, 2025By Yonhap

Korean seaports to maintain normal operations over holiday: ministry

SK hynix names Ryu Sung-soo as new CEO of its US unit

Korean chip giant SK hynix has appointed Vice President Ryu Sung-soo as the new CEO of its U.S. unit, SK hynix America.

Jan 26, 2025By Yonhap

SK hynix names Ryu Sung-soo as new CEO of its US unit

Orion, Pulmuone report more than 3 tril. won in sales in 2024

Two South Korean food companies, Orion and Pulmuone, are expected to surpass 3 trillion won ($2.09 billion) in sales for last year on the back of the growing popularity of Korean cuisine and snacks, industry data showed Sunday.

Jan 26, 2025By Yonhap

Orion, Pulmuone report more than 3 tril. won in sales in 2024

Will Korean companies exit Mexico, Canada?

Samsung, LG, Kia, POSCO and multiple other Korean companies have been forced to reassess costs for running factories in Mexico and Canada, after U.S. President Donald Trump reiterated his pledge of 25 percent tariffs on the two North American countries.

Jan 26, 2025By Park Jae-hyuk

Will Korean companies exit Mexico, Canada?

Samsung chairman awaits appellate court ruling on 2015 affiliate merger

Samsung Group is paying close attention to next week’s appellate court ruling on Samsung Electronics Executive Chairman Lee Jae-yong's alleged involvement in the controversial 2015 merger between Samsung C&T and Cheil Industries, which played a critical role in him gaining control of Korea’s largest conglomerate.

Jan 25, 2025By Park Jae-hyuk

Samsung chairman awaits appellate court ruling on 2015 affiliate merger

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Companies

LCC seat proportion in Korea outpaces Asia-Pacific average: report

Luxury goods sales at department stores rise despite economic downturn

SK hynix's surpasses Samsung Electronics for 1st time in quarterly profit

Doosan Skoda to list shares in Czech Republic next month

BYD Korea shatters prejudices with solid pre-orders for Atto 3 flagship EV

Korean seaports to maintain normal operations over holiday: ministry

SK hynix names Ryu Sung-soo as new CEO of its US unit

Orion, Pulmuone report more than 3 tril. won in sales in 2024

Will Korean companies exit Mexico, Canada?

Samsung chairman awaits appellate court ruling on 2015 affiliate merger

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