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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.

LH bolsters modular-based construction to lower defect risks

SEJONG — Korea Land & Housing Corp. (LH) is bolstering construction practices using modular units to lower the risk of defects, and shorten construction periods for apartments and other buildings, according to the head of the state-run agency, Thursday.

Jul 8, 2024By Ko Dong-hwan
LH bolsters modular-based construction to lower defect risks

LG Energy Solution Q2 operating profit plunges 58% as EV sales slip

LG Energy Solution (LGES), Korea's leading battery maker, said Monday its second-quarter operating profit plunged 58 percent from a year earlier due to slowing sales of electric vehicles.

Jul 8, 2024By Yonhap
LG Energy Solution Q2 operating profit plunges 58% as EV sales slip

Passenger traffic at Korean carriers jumps 29% in H1

Passenger traffic at Korean carriers jumped 29 percent to a record 47 million in the first half from a year earlier on higher demand for affordable air travel, government data showed Monday.

Jul 8, 2024By Yonhap
Passenger traffic at Korean carriers jumps 29% in H1

Kia sales 'grand master' focuses on maintaining strong customer relations

Jin Yoo-seok, a senior auto consultant at Kia, never lost his connection with customers over the decades spent in the industry, even if they did not end up purchasing vehicles. This was the key to him winning the title of the automaker’s 30th sales "grand master."

Jul 8, 2024By Lee Min-hyung
Kia sales 'grand master' focuses on maintaining strong customer relations

Unionized workers at Samsung Electronics to stage 3-day strike this week

Unionized workers of Samsung Electronics are set to stage a three-day general strike this week as their negotiations with the management over wages and working conditions fell through.

Jul 7, 2024By Yonhap
Unionized workers at Samsung Electronics to stage 3-day strike this week

SK chief visits US to inspect bio, chip materials businesses

SK Group Chairman Chey Tae-won went to New Jersey to visit the headquarters of SK Life Science, the U.S. subsidiary of SK Biopharmaceuticals, July 2 (local time), as part of his efforts to boost employee morale and oversee the progress of chip materials and bio businesses, market watchers said Sunday.

Jul 7, 2024By Lee Kyung-min
SK chief visits US to inspect bio, chip materials businesses

Hyundai Motor completes park renovation in Ankara in memory of Korean War veterans

Hyundai Motor completed renovation for Korea Park in Ankara, the capital of Turkey, in memory of veterans of the 1950-53 Korean War, the carmaker said Sunday.

Jul 7, 2024By Lee Min-hyung
Hyundai Motor completes park renovation in Ankara in memory of Korean War veterans

Luxury carmakers suffer drastic sales fall amid economic doldrums

Sales of overseas luxury carmakers plummeted in Korea for the first half of this year amid freezing customer sentiment triggered by prolonged high interest rates and economic doldrums, according to data and company officials, Sunday.

Jul 7, 2024By Lee Min-hyung
Luxury carmakers suffer drastic sales fall amid economic doldrums

Hyundai Motor's sales in India hit record ahead of planned IPO

Hyundai Motor, Korea's leading automaker, saw its sales hit a record in India in the first half of this year, according to industry data Sunday, as it has filed for an initial public offering for its India unit.

Jul 7, 2024By Yonhap
Hyundai Motor's sales in India hit record ahead of planned IPO

Late Hyosung chairman's 2nd son offers to donate inheritance

Cho Hyun-moon, the second son of the late Hyosung Group Honorary Chairman Cho Suck-rai, who has been estranged from his family after a long sibling feud, said Friday that he will donate his inheritance to society.

Jul 5, 2024By Baek Byung-yeul
Late Hyosung chairman's 2nd son offers to donate inheritance
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