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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 Biologics Q3 net profit gains 10% on record sales

Samsung Biologics said Wednesday its third-quarter net profit increased 10 percent from a year earlier, driven by record sales.

Oct 23, 2024By Yonhap
Samsung Biologics Q3 net profit gains 10% on record sales

Court approves process to find new owner for beleaguered e-commerce platforms: sources

A Seoul court has approved the process to find a new owner for e-commerce platforms TMON and WeMakePrice placed under court-led rehabilitation since early September after failing to make payments to vendors using their platforms, industry sources said Wednesday.

Oct 23, 2024By Yonhap
Court approves process to find new owner for beleaguered e-commerce platforms: sources

LG Chem files patent suit against China's Ronbay

LG Chem has filed a complaint with the Seoul Central District Court against Jae Se Energy, alleging that the Korean subsidiary of China’s Ningbo Ronbay New Energy Technology infringed its patents on battery materials technologies by producing and selling cathode materials in Korea.

Oct 23, 2024By Park Jae-hyuk
LG Chem files patent suit against China's Ronbay

LS Electric Q3 net income down 13.5% to $25.4 mil.

LS Electric on Wednesday reported its third-quarter net profit of 35.1 billion won ($25.4 million), down 13.5 percent from a year earlier.

Oct 23, 2024By Yonhap
LS Electric Q3 net income down 13.5% to $25.4 mil.

LG Display net loss narrows in Q3 over OLED sales

LG Display said Wednesday its net loss narrowed in the third quarter due mainly to increased production of premium organic light-emitting diode (OLED) displays.

Oct 23, 2024By Yonhap
LG Display net loss narrows in Q3 over OLED sales

Daewoo E&C chairman engages with Asian leaders to drive market expansion

Daewoo Engineering & Construction Chairman Jung Won-ju has been working to expand the construction developer's presence in Asian markets recently, engaging with the leaders of Indonesia and Vietnam.

Oct 23, 2024By Nam Hyun-woo
Daewoo E&C chairman engages with Asian leaders to drive market expansion

KEPCO to raise bills for industrial use amid financial strains

The state-run Korea Electric Power Corp. (KEPCO) said Wednesday it will raise electricity rates for industrial use while freezing those for households starting this week amid global energy price volatility and escalating financial strains.

Oct 23, 2024By Yonhap
KEPCO to raise bills for industrial use amid financial strains

Conflict reignites over location of POSCO's R&D center

POSCO Group's decision to name a new R&D center branch in Gyeonggi Province the "Global Center" has reignited tensions with residents of Pohang, where the steelmaker's headquarters is located.

Oct 23, 2024By Park Jae-hyuk
Conflict reignites over location of POSCO's R&D center

Samsung Biologics wins record $1.24 bil. contract manufacturing deal

Samsung Biologics landed a $1.24 billion contract manufacturing deal with an Asian pharmaceutical giant, shattering its record for the biggest single contract in just three months, the biotech firm said Tuesday.

Oct 22, 2024By Ko Dong-hwan
Samsung Biologics wins record $1.24 bil. contract manufacturing deal

Mercedes-Benz boosts donations for public education, environment

Mercedes-Benz Korea is bolstering donations of money and public service through a diverse range of fields to keep up its contributions to the Korean public it has maintained for the past decade, according to the German car company, Tuesday.

Oct 22, 2024By Ko Dong-hwan
Mercedes-Benz boosts donations for public education, environment
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