Companies

Hyundai Mobis to showcase cutting-edge human-centric mobility technologies at CES 2025

Hyundai Mobis will showcase its human-centric mobility technologies at this upcoming CES in January in Las Vegas, seeking to break down the boundaries between people and technology through their organic connections, the company said Thursday.

Dec 12, 2024By Lee Min-hyung

Hyundai Mobis to showcase cutting-edge human-centric mobility technologies at CES 2025

Samsung, LG, SK aim to keep low profiles amid state crisis

Samsung, LG and SK are scaling back their external promotional activities in the wake of Korea’s abrupt fall into a state of national crisis following President Yoon Suk Yeol’s short-lived attempt to impose martial law on the nation last week.

Dec 12, 2024By Lee Min-hyung

Samsung, LG, SK aim to keep low profiles amid state crisis

Samsung Electronics to hold global strategy meetings next week

Samsung Electronics will hold executive-level meetings next week to discuss business plans for next year, industry sources said Thursday.

Dec 12, 2024By Yonhap

Samsung Electronics to hold global strategy meetings next week

LS Marine Solution anticipates record earnings

LS Marine Solution is set to post its record annual sales and operating profit this year, buoyed by the submarine cable installer’s series of collaborations with its parent firm, LS Cable & System (C&S).

Dec 12, 2024By Park Jae-hyuk

LS Marine Solution anticipates record earnings

Hyundai, BAIC to invest $1.1 bil. in China joint venture

Hyundai Motor and its Chinese partner BAIC Motor on Wednesday agreed to invest $1.1 billion in their joint venture that produces and sells Hyundai cars in China, BAIC said in a statement.

Dec 12, 2024By Reuters

Hyundai, BAIC to invest $1.1 bil. in China joint venture

Lotte Biologics’ new leadership struggles to brush off doubts

Lotte Biologics, a biopharmaceutical contract development and manufacturing organization (CDMO) established in 2022, is struggling to dispel concerns about its viability, as its newly nominated CEO, who was appointed in an attempt to address the company's challenges, is generating more skepticism than optimism.

Dec 12, 2024By Nam Hyun-woo

Lotte Biologics’ new leadership struggles to brush off doubts

Korea's Czech nuclear project to proceed despite political turmoil: report

The Korean government’s ongoing initiative to build two nuclear reactors in the Dukovany region of the Czech Republic will proceed as planned despite the intensifying political turmoil sparked by President Yoon Suk Yeol’s declaration of martial law on Dec. 3, the eastern European country’s government said on Wednesday.

Dec 11, 2024By Ko Dong-hwan

Korea's Czech nuclear project to proceed despite political turmoil: report

Korean Air closes deal for Asiana takeover

Korean Air closed its long-delayed deal to take over Asiana Airlines on Wednesday, paying the remaining 800 billion won ($558.58 million) to secure a controlling stake in the cash-strapped airline.

Dec 11, 2024By Lee Min-hyung

Korean Air closes deal for Asiana takeover

Will Korea postpone restructuring of petrochemical industry?

Concerns are growing over the possibility that the leadership vacuum created following President Yoon Suk Yeol’s short-lived martial law attempt last week could lead the government to postpone its planned announcement this week regarding measures to enhance the competitiveness of the struggling Korean petrochemical industry.

Dec 11, 2024By Park Jae-hyuk

Will Korea postpone restructuring of petrochemical industry?

Next section of GTX-A high-speed commuter line to open on Dec. 28

A high-speed commuter rail network connecting Seoul to Paju, in northwestern Gyeonggi Province, will begin service on Dec. 28, the transport ministry announced Wednesday.