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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.

SK hynix likely to overtake Samsung in chip business' annual profit

SK hynix, Korea's second-biggest chipmaker after Samsung Electronics, is likely to overtake the bigger rival this year for the first time in the chip business' annual operating profit, brokerages said Sunday.

Oct 27, 2024By Yonhap
SK hynix likely to overtake Samsung in chip business' annual profit
  • Samsung Electronics, SK hynix's market cap gap narrowest in 13 years

LG chairman reviews affiliates’ performances amid looming exec reshuffle

LG Group Chairman Koo Kwang-mo is holding a series of debrief meetings with CEOs of the conglomerate’s affiliates to assess their annual performance and explore strategies for next year.

Oct 25, 2024By Nam Hyun-woo
LG chairman reviews affiliates’ performances amid looming exec reshuffle

Incheon-Glendale deal envisions K-pop-Hollywood collaboration

The Incheon Free Economic Zone (IFEZ) has struck an entertainment partnership deal with the city of Glendale in California, agreeing to bolster entertainment industry collaboration and grow Incheon into a global cultural hub, according to the Korean coastal city’s special economic district, Friday.

Oct 25, 2024By Ko Dong-hwan
Incheon-Glendale deal envisions K-pop-Hollywood collaboration

Kia Q3 net rises over 2% on new, hybrid models

Kia, Korea's second-largest carmaker, said Friday its third-quarter net profit rose 2.1 percent from a year earlier, helped by all-new and gasoline hybrid models despite sluggish industrial demand.

Oct 25, 2024By Yonhap
Kia Q3 net rises over 2% on new, hybrid models

Hanwha heir discusses cooperation for naval ships' maintenance with US commander

Hanwha Group Vice Chairman Kim Dong-kwan and the U.S. Pacific Fleet commander discussed a potential expansion of partnership between Hanwha's shipbuilding unit and the U.S. Navy for maintaining and repairing naval ships, the conglomerate said, Friday.

Oct 25, 2024By Nam Hyun-woo
Hanwha heir discusses cooperation for naval ships' maintenance with US commander

'Hyundai Motor set to lead Indian auto market with flexible product mix'

GURUGRAM — Hyundai Motor plans to strengthen its presence in the Indian auto market, leveraging its unmatched product-mix flexibility that ranges from popular small SUVs to electric vehicles (EVs), the head of the firm’s India business said during an interview, Wednesday.

Oct 25, 2024By Lee Min-hyung
'Hyundai Motor set to lead Indian auto market with flexible product mix'
  • Hyundai to become more localized brand after IPO in India: top salesperson

Hyundai to become more localized brand after IPO in India: top salesperson

GURUGRAM, India – Abhishek Gupta, one of the top car salesmen in India, expects Hyundai Motor’s latest stock listing here will enhance its corporate identity as a more localized carmaker and present a more approachable image to customers.

Oct 25, 2024By Lee Min-hyung
Hyundai to become more localized brand after IPO in India: top salesperson
  • 'Hyundai Motor set to lead Indian auto market with flexible product mix'

Hyundai Motor achieves record Q3 sales despite EV chasm

Hyundai Motor posted a record-high revenue in the third quarter, defying the ongoing slowdown in the global demand for electric vehicles (EVs) with solid sales of hybrid vehicles.

Oct 24, 2024By Nam Hyun-woo
Hyundai Motor achieves record Q3 sales despite EV chasm

Samsung Heavy Industries Q3 net income up 100.6% to $51.7 mil.

Samsung Heavy Industries, the world's third-largest shipbuilder by orders, said Thursday its third-quarter net profit more than doubled from a year earlier on high-end ships.

Oct 24, 2024By Yonhap
Samsung Heavy Industries Q3 net income up 100.6% to $51.7 mil.

Hyundai Glovis introduces EV-Drill Lance on car carrier ships

Hyundai Glovis said Thursday that it has equipped its car carrier ships with the EV-Drill Lance, a specialized fire suppression device designed for electric vehicle (EV) fires. The device can quickly extinguish unexpected fires during the maritime transportation of vehicles, including EVs.

Oct 24, 2024By Nam Hyun-woo
Hyundai Glovis introduces EV-Drill Lance on car carrier ships
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