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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.

Samsung E&A's 2024 operating profit down 2.2 % but higher than target

Samsung E&A said Friday its annual operating profit for 2024 is estimated to have dropped 2.2 percent on-year but managed to beat its annual target.

Jan 17, 2025By Yonhap
Samsung E&A's 2024 operating profit down 2.2 % but higher than target

Steelmakers halt rebar production due to construction industry slump

Major steelmakers in Korea have suspended the production of rebar in an apparent attempt to cope with the falling demand caused by a prolonged slowdown in the domestic construction industry.

Jan 16, 2025By Park Jae-hyuk
Steelmakers halt rebar production due to construction industry slump

Genesis Electrified GV70 gets face-lift

Genesis’ flagship electric SUV — the Electrified GV70 — returned Thursday after a long-awaited face-lift reflecting its design philosophy of athletic elegance and featuring an improved travel range with a higher-density battery, the luxury carmaker said.

Jan 16, 2025By Lee Min-hyung
Genesis Electrified GV70 gets face-lift

Samsung employees step up efforts to help boost domestic economy

Employees at 17 of Samsung's affiliates are stepping up efforts to boost the domestic economy by purchasing agricultural and fishery products from affiliated small businesses through their respective online employee malls ahead of the Lunar New Year holiday, which falls on Jan. 29 this year.

Jan 16, 2025By Nam Hyun-woo
Samsung employees step up efforts to help boost domestic economy

BYD's debut in Korea

Cho In-chul, left, managing director and head of BYD Korea’s passenger car business, poses with the Chinese carmaker’s Atto 3 electric vehicle (EV) during the brand’s launch event in Incheon, Thursday. Starting with the small electric SUV, the EV maker will introduce a total of three EVs — the Seal, Sealion 7 and Atto 3 — in 2025 with its key upside in price competitiveness. Courtesy of BYD Korea

Jan 16, 2025By Lee Min-hyung
BYD's debut in Korea

LG Display launches 4th-generation OLED

LG Display launched its much-touted fourth-generation organic light-emitting diode (OLED) display panel optimized to present perfect black and accurate colors in an era of artificial intelligence (AI), the company said Thursday.

Jan 16, 2025By Lee Min-hyung
LG Display launches 4th-generation OLED

Samsung Electronics, IBM to build emergency communications network in Britain

Samsung Electronics said Thursday it has teamed up with IBM to build a front-line emergency communications network in Britain.

Jan 16, 2025By Yonhap
Samsung Electronics, IBM to build emergency communications network in Britain

Hyundai Motor think tank warns against underestimating BYD's entry into Korean market

Hyundai Motor Group's think tank on Wednesday cautioned against underestimating BYD, China's largest electric vehicle (EV) manufacturer, as it plans to enter Korea's passenger car market.

Jan 15, 2025By Yonhap
Hyundai Motor think tank warns against underestimating BYD's entry into Korean market

Gov't says US rule on connected cars lifts market uncertainties

Korea's industry ministry hailed Washington's finalized rule on connected cars Wednesday, saying it will remove many uncertainties for Korean automakers.

Jan 15, 2025By Yonhap
Gov't says US rule on connected cars lifts market uncertainties

Celltrion envisions 13 new drugs; Samsung Bio unveils 6th plant plan

Korea’s top biopharmaceutical firms, Celltrion and Samsung Biologics, envisioned their future strategies for expansion at J.P.Morgan Healthcare Conference (JPM) 2025 in San Francisco, Wednesday.

Jan 15, 2025By Nam Hyun-woo
Celltrion envisions 13 new drugs; Samsung Bio unveils 6th plant plan
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