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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 Electronics, striking labor union resume talks

Samsung Electronics and its largest labor union were set to resume wage talks again Monday following an unsuccessful initial meeting amid an ongoing strike, industry sources said.

Jul 29, 2024By Yonhap
Samsung Electronics, striking labor union resume talks

Job Korea partners with administrative service provider for international students

Job Korea has signed a memorandum of understanding with Hirediversity, an administrative service provider for international students in Korea, the online job portal said Monday.

Jul 29, 2024By Jhoo Dong-chan
Job Korea partners with administrative service provider for international students

Korea Aerospace Industries Q2 net profit up 459.6% to $40.1 mil.

Korea Aerospace Industries (KAI), Korea's sole aircraft manufacturer, said Monday its second-quarter net profit climbed more than fivefold from last year thanks to successful overseas orders.

Jul 29, 2024By Yonhap
Korea Aerospace Industries Q2 net profit up 459.6% to $40.1 mil.

Prosecutors launch internal legal review over TMON, WeMakePrice incident

Prosecutors have begun looking into whether any legal charges can be applied to e-commerce platforms WeMakePrice and TMON over payment delays to consumers and vendors amid liquidity issues by their owner, judicial officials said Monday.

Jul 29, 2024By Yonhap
Prosecutors launch internal legal review over TMON, WeMakePrice incident
  • Gov't to provide over $405.1 mil. of liquidity for TMON, WeMakePrice incident
  • TMON, WeMakePrice file for corporate rehabilitation amid cash crunch

Renault Korea's new flagship Grand Koleos SUV offers differentiated comfort

Renault Korea’s Grand Koleos SUV seeks to penetrate Korea’s auto market with differentiated comfort and its infotainment system.

Jul 29, 2024By Jhoo Dong-chan
Renault Korea's new flagship Grand Koleos SUV offers differentiated comfort

HD Hyundai Heavy distances itself from ex-DAPA head's charges

HD Hyundai Heavy emphasized its lack of connection to alleged abuse of power by the former head of the Defense Acquisition Program Administration (DAPA). The company denied rumors suggesting it benefited from the allegation five years ago, according to the country’s major shipbuilder, Sunday.

Jul 28, 2024By Ko Dong-hwan
HD Hyundai Heavy distances itself from ex-DAPA head's charges

Theborn Korea sees exodus of ball-katsu franchisees after disappointing sales figures

Theborn Korea has seen its famous ball katsu brand lose more than half of its franchisees and sales falling by as much as 40 percent, according to the country’s major food and beverage company Sunday.

Jul 28, 2024By Ko Dong-hwan
Theborn Korea sees exodus of ball-katsu franchisees after disappointing sales figures

Taihan's submarine cable business sails smoothly

Taihan Cable & Solution, Korea’s second-largest cable manufacturer, is expecting solid earnings for the second quarter of this year based on the smooth sailing of its submarine cable businesses.

Jul 28, 2024By Nam Hyun-woo
Taihan's submarine cable business sails smoothly

SK hynix to invest 9.4 tril. won in 1st fab in Yongin chip cluster

SK hynix announced Friday a plan to invest 9.4 trillion won ($6.8 billion) in building its first fab and relevant facilities at an envisioned semiconductor cluster in Yongin, south of Seoul.

Jul 26, 2024By Yonhap
SK hynix to invest 9.4 tril. won in 1st fab in Yongin chip cluster

Hyosung Advanced Materials Q2 net income up 88.7% to $18.9 mil.

Hyosung Advanced Materials on Friday reported its second-quarter net profit of 26.2 billion won ($18.9 million), up 88.7 percent from a year earlier.

Jul 26, 2024By Yonhap
Hyosung Advanced Materials Q2 net income up 88.7% to $18.9 mil.
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