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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.

Hyundai, Kia unveil tech for battery management system

Hyundai Motor and Kia unveiled a number of technologies for their battery management system (BMS) to ensure customers of the safety of electric vehicles (EVs), following a recent EV fire that burned over 100 vehicles at a parking garage in Incheon.

Aug 15, 2024By Nam Hyun-woo
Hyundai, Kia unveil tech for battery management system

Samyang beats Nongshim, Ottogi on earnings surprise with Buldak

Samyang Foods has shown an earnings surprise in the second quarter, registering an operating profit during the first half of this year and outrunning its two rivals, Nongshim and Ottogi, according to the food company Wednesday.

Aug 15, 2024By Ko Dong-hwan
Samyang beats Nongshim, Ottogi on earnings surprise with Buldak

Hansae to promote American football in Korea ahead of 2028 Los Angeles Olympics

Korean apparel manufacturer Hansae has partnered with the Korea American Football Association (KAFA) to promote the growth and wider appeal of American football in Korea, the company said Thursday.

Aug 15, 2024By Lee Yeon-woo
Hansae to promote American football in Korea ahead of 2028 Los Angeles Olympics

Operating profits of top 500 companies double in Q2 on robust chip biz

Major companies in Korea saw their second-quarter operating income more than double from a year earlier, driven by strong performances in the semiconductor sector, a corporate tracker said Thursday.

Aug 15, 2024By Yonhap
Operating profits of top 500 companies double in Q2 on robust chip biz

Pardoned EcoPro founder tasked with overcoming battery industry slump

Expectations are rising that EcoPro will boost investments in the battery materials sector following the release of its founder from jail on Thursday, thanks to a special presidential pardon granted on the occasion of Aug. 15 Liberation Day.

Aug 15, 2024By Park Jae-hyuk
Pardoned EcoPro founder tasked with overcoming battery industry slump

FTC to tighten e-commerce rules after collapse of TMON, WeMakePrice

The nation's antitrust watchdog is set to toughen rules on e-commerce firms to ensure transparent and fair transactions with their sellers amid lingering fears of possible recurrence of the recent dual collapse of two once-influential online shopping platforms, TMON and WeMakePrice, according to the Fair Trade Commission (FTC), Wednesday.

Aug 14, 2024By Lee Min-hyung
FTC to tighten e-commerce rules after collapse of TMON, WeMakePrice
  • Unsettled payments of TMON, WeMakePrice triple to $613 million

Construction firms ignore Seoul City's request to simplify apartment names

Major construction firms have broken their promise from last December to accept the Seoul Metropolitan Government’s request to simplify the names of apartment complexes by using more Korean words in their names.

Aug 14, 2024By Park Jae-hyuk
Construction firms ignore Seoul City's request to simplify apartment names

Olympic gold medalists' parents rewarded by employers

Two Korean gold medalists from the Paris Olympics are in the spotlight once more, as the country's leading food companies have celebrated the athletes' parents — who are employed by these firms — with generous rewards.

Aug 14, 2024By Ko Dong-hwan
Olympic gold medalists' parents rewarded by employers

Volkswagen, Stellantis join auto industry in disclosing EV battery information amid safety woes

More foreign automotive brands on Wednesday disclosed battery supplier information of their electric vehicle models sold in Korea, the latest in a series of disclosures amid safety concerns of EVs triggered by a massive vehicle fire earlier this month.

Aug 14, 2024By Yonhap
Volkswagen, Stellantis join auto industry in disclosing EV battery information amid safety woes
  • Mercedes-Benz's reputation declines over choice of battery supplier for EVs

Mercedes-Benz's reputation declines over choice of battery supplier for EVs

Mercedes-Benz is losing its iconic reputation for luxury, even after the scandal-tainted carmaker belatedly disclosed its list of battery partners. The company has opted for less-popular Chinese batteries for several models in its high-end electric vehicle (EV) lineup.

Aug 14, 2024By Lee Min-hyung
Mercedes-Benz's reputation declines over choice of battery supplier for EVs
  • Volkswagen, Stellantis join auto industry in disclosing EV battery information amid safety woes
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