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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's union tells members to return to work as it eyes prolonging strike

Samsung Electronics' labor union instructed its striking members Thursday to return to work by early next week, but made it clear the strike will continue for the long haul.

Aug 1, 2024
Samsung's union tells members to return to work as it eyes prolonging strike

Korean Air to end instant noodle service due to increase in turbulence

Korean Air will stop serving instant cup noodles to its passengers later this month due to the increased risk of turbulence, according to the country’s flagship airline, Thursday.

Aug 1, 2024By Ko Dong-hwan
Korean Air to end instant noodle service due to increase in turbulence

SK Innovation eyes profit rebound following merger

SK Innovation said, Thursday, that its planned merger with SK E&S will bring an additional 2.2 trillion won ($1.6 billion) in earnings before interest, tax, depreciation and amortization (EBITDA) by 2030, in an apparent attempt to convince its minority shareholders to vote for the deal later this month.

Aug 1, 2024By Park Jae-hyuk
SK Innovation eyes profit rebound following merger

Celltrion's bid to merge with unit likely to test owner's leadership

Biosimilar giant Celltrion Group has taken its first step toward merging its flagship biopharma company, Celltrion, with chemical drugmaker Celltrion Pharm as part of a group reorganization endorsed by its founder and Chairman Seo Jung-jin.

Aug 1, 2024By Nam Hyun-woo
Celltrion's bid to merge with unit likely to test owner's leadership

POSCO, Dongkuk lukewarm on Hyundai's stand against Chinese rivals

POSCO and Dongkuk Steel have remained cautious about joining Hyundai Steel in filing anti-dumping complaints with the government against the import of low-priced thick steel plates from China, according to industry officials, Thursday.

Aug 1, 2024By Park Jae-hyuk
POSCO, Dongkuk lukewarm on Hyundai's stand against Chinese rivals

Gov't mulls additional financial support over Qoo10 incident

Finance Minister Choi Sang-mok vowed Thursday to seek measures to extend additional financial support for vendors and customers hit by payment delays on e-commerce platforms of TMON and WeMakePrice, if needed.

Aug 1, 2024By Yonhap
Gov't mulls additional financial support over Qoo10 incident
  • TMON, WeMakePrice raided for delayed vendor payments amid liquidity crisis

Hyundai Motor worker sets 5,000 vehicle sales milestone

Baek Jong-won, a sales director at Hyundai Motor, earned the title of the automaker’s grand sales master by implementing a unique strategy focused on increasing taxi sales.

Aug 1, 2024By Lee Min-hyung
Hyundai Motor worker sets 5,000 vehicle sales milestone

Samsung Electronics, striking labor union still struggle to make compromise

Samsung Electronics and its largest labor union are still at odds over any breakthrough in their wage negotiations amid an ongoing strike, industry sources said Wednesday.

Jul 31, 2024By Yonhap
Samsung Electronics, striking labor union still struggle to make compromise

SK IE Technology shifts to red in Q2

SK IE Technology on Wednesday reported its second-quarter net loss of 48 billion won ($34.8 million), swinging from a profit of 37.1 billion won a year earlier.

Jul 31, 2024By Yonhap
SK IE Technology shifts to red in Q2

POSCO, EcoPro, L&F hit by EV slowdown

Shares of EcoPro, POSCO Future M, and L&F continued their steep declines on Wednesday, as data and analysts indicate that the nation's top three secondary battery materials firms are set to report significant earnings drops amid the ongoing global electric vehicle (EV) industry slowdown.

Jul 31, 2024By Lee Min-hyung
POSCO, EcoPro, L&F hit by EV slowdown
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