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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 replaces heads of battery, display, IT service units

Engineers were nominated to lead Samsung Electronics’ battery, display and IT service subsidiaries on Thursday, a day after their parent firm chose not to replace its three vice chairmen to ensure stability.

Nov 28, 2024By Park Jae-hyuk
Samsung replaces heads of battery, display, IT service units

Renault improves fuel efficiency with E-Tech hybrid system

Renault Korea has focused on marketing fuel-efficient hybrid vehicles using both electricity and internal combustion engines amid the growing popularity of affordable eco-friendly cars among Korean drivers.

Nov 28, 2024By Park Jae-hyuk
Renault improves fuel efficiency with E-Tech hybrid system

FILA Holdings earns 1st inclusion in global ESG index

FILA Holdings announced its inclusion in the FTSE4Good Index Series on Thursday, marking a significant milestone in its sustainability management.

Nov 28, 2024By Nam Hyun-woo
FILA Holdings earns 1st inclusion in global ESG index

Hyundai to recall over 226,000 vehicles in US over rear view camera display concerns

Hyundai Motor is recalling 226,118 vehicles in the U.S. over concerns the rear view camera image may fail to display, the National Highway Traffic Safety Administration said on Wednesday.

Nov 27, 2024By Reuters
Hyundai to recall over 226,000 vehicles in US over rear view camera display concerns

Iconic Lotte Tower offered as collateral to ease liquidity concerns at chemical unit

Lotte Group said Thursday that it provided Seoul's landmark Lotte World Tower as collateral to strengthen the creditworthiness of corporate bonds issued by its struggling chemical unit, Lotte Chemical. The move is part of the group's efforts to reassure investors about its financial prudence.

Nov 27, 2024By Nam Hyun-woo
Iconic Lotte Tower offered as collateral to ease liquidity concerns at chemical unit

SingCham Korea to host first-ever year-end gala

The Singapore Chamber of Commerce Korea (SingCham Korea) is hosting its inaugural year-end gala on Nov. 29, bringing together business leaders and government officials from both Korea and Singapore.

Nov 27, 2024By Jhoo Dong-chan
SingCham Korea to host first-ever year-end gala

Samsung Bioepis to produce 1st female CEO among Samsung affiliates

Samsung Bioepis, a biosimilar medicine developer under Samsung Group, nominated its executive vice president Kim Kyung-ah as new CEO, the company said Wednesday, a move that can produce the first-ever female CEO among Samsung Group affiliates.

Nov 27, 2024By Yonhap
Samsung Bioepis to produce 1st female CEO among Samsung affiliates

Korea to provide $10 bil. of policy financing for semiconductor manufacturers

The Korean government is set to provide a policy financing package worth 14 trillion won ($10 billion) to chip material, component and equipment manufacturers, as well as fabless companies, in an effort to support struggling industry players facing heightened trade risks under the upcoming presidency of U.S. President-elect Donald Trump.

Nov 27, 2024By Lee Min-hyung
Korea to provide $10 bil. of policy financing for semiconductor manufacturers

HD Hyundai delivers Aegis destroyer to ROK Navy

HD Hyundai Heavy Industries (HHI) held a signing ceremony, Wednesday, to celebrate the delivery of the ROKS Jeongjo the Great destroyer to the Republic of Korea (ROK) Navy at its shipyard in Ulsan.

Nov 27, 2024By Park Jae-hyuk
HD Hyundai delivers Aegis destroyer to ROK Navy
  • HD Hyundai begins construction of 2nd next-generation Aegis destroyer

Kolmar boosts Korean brands' global rise in beauty industry

Kolmar Korea's research and development (R&D) capabilities are gaining market attention due to the global popularity of Korean beauty and cosmetic products, as evidenced by the company's role as a contract manufacturer for many indie brands that are now leading beauty industry trends.

Nov 27, 2024By Nam Hyun-woo
Kolmar boosts Korean brands' global rise in beauty industry
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