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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.

Green light nears for Korea's participation in Czech nuclear project

Korea appears to have taken a step closer to signing a deal worth 400 billion Czech korunas ($16 billion) in March to build nuclear reactors in the Czech Republic, as Westinghouse Electric is expected to end its two years of dispute with Korea Hydro & Nuclear Power (KHNP) over the U.S. firm's intellectual property rights.

Jan 10, 2025By Park Jae-hyuk
Green light nears for Korea's participation in Czech nuclear project
  • Korea, US formally ink MOU on principles concerning nuclear exports, cooperation

Policymakers still busy reassuring foreign business communities

The government, lawmakers and municipalities have continued reaching out to foreign businesspeople in Korea to reassure them of the resilience of the Korean economy after political chaos intensified following President Yoon Suk Yeol's botched martial law on Dec. 3.

Jan 10, 2025By Park Jae-hyuk
Policymakers still busy reassuring foreign business communities
  • AMCHAM urges US firms to trust Korea's resilience
  • Foreign chambers speak out as Korean associations keep quiet

Hyundai Motor Group clinches AI partnership with Nvidia in software, robotics

Hyundai Motor Group has formed an artificial intelligence (AI) partnership with Nvidia to integrate the software and fabless company's AI technologies into the carmaker's key mobility value chain, both companies announced Friday at this year’s CES tech fair in Las Vegas.

Jan 10, 2025By Lee Min-hyung
Hyundai Motor Group clinches AI partnership with Nvidia in software, robotics

Hyundai Motor Group partners with Nvidia to develop AI solutions for future mobility

Hyundai Motor Group said Friday it has formed a strategic partnership with Nvidia for the development of advanced artificial intelligence (AI) technologies related to future mobility.

Jan 10, 2025By Yonhap
Hyundai Motor Group partners with Nvidia to develop AI solutions for future mobility

LG Energy signs 7-year battery supply deal with US EV startup

LG Energy Solution, Korea's leading battery maker, said Friday it has signed a seven-year battery supply deal with U.S. electric vehicle startup Aptera Motors.

Jan 10, 2025By Yonhap
LG Energy signs 7-year battery supply deal with US EV startup

Uncertainty over Trump's electric vehicle policies clouds 2025 forecast for carmakers

Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the forecast.

Jan 9, 2025By AP
Uncertainty over Trump's electric vehicle policies clouds 2025 forecast for carmakers

Luster fades from World Economic Forum for Korea's top business leaders

Concerns about the relevance of the World Economic Forum (WEF) appear to be growing in Korea as reports indicate that the country’s business leaders and senior government officials have decided to skip this year’s annual meeting in the remote Swiss town of Davos.

Jan 9, 2025By Park Jae-hyuk
Luster fades from World Economic Forum for Korea's top business leaders

LG CNS to drive AI transformation for clients

LG CNS will focus on driving artificial intelligence (AI) transformation for its clients as part of its mid- to long-term growth strategy following its planned initial public offering (IPO) next month, its CEO said Thursday.

Jan 9, 2025By Lee Min-hyung
LG CNS to drive AI transformation for clients

IFEZ strengthens global partnerships at CES 2025

The Incheon Free Economic Zone (IFEZ) beefed up its network of global partners by forming new ties at the CES 2025 tech trade show in Las Vegas, according to the special economic territory in Incheon on Thursday.

Jan 9, 2025By Ko Dong-hwan
IFEZ strengthens global partnerships at CES 2025

Hyundai Motor Group to invest $16 bil. in Korea's next-generation mobility

Hyundai Motor Group announced a plan, Thursday, to invest 24.3 trillion won ($16.67 billion) in Korea this year, in a preemptive move to develop cutting-edge mobility solutions, focusing on electrification, software-defined vehicles (SDVs), and hydrogen energy.

Jan 9, 2025By Lee Min-hyung
Hyundai Motor Group to invest $16 bil. in Korea's next-generation mobility
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