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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.

SK On dismisses chief commercial officer amid restructuring

SK On, the battery manufacturing unit of SK Group, has dismissed its chief commercial officer amid contracting global demand and the group's restructuring efforts, industry sources said Wednesday.

Jun 19, 2024
SK On dismisses chief commercial officer amid restructuring

SK, appellate court clash over chairman's divorce settlement ruling

SK Group has been escalating its high-stakes clash against an appellate court over a recent ruling on a divorce settlement lawsuit between the group's Chairman Chey Tae-won and his estranged ex-wife Roh So-young, following the court's unprecedented correction of an error in its verdict, according to industry watchers, Wednesday.

Jun 19, 2024By Lee Min-hyung
SK, appellate court clash over chairman's divorce settlement ruling

Why HD Hyundai was chosen as venue for president's population policy meeting

Employees at HD Hyundai were taken by surprise on Wednesday when bodyguards of President Yoon Suk Yeol made an unannounced visit to the company's headquarters building in Seongnam, Gyeonggi Province. They were there to provide security as the Korean leader presided over a meeting of the Presidential Committee on Ageing Society and Population Policy.

Jun 19, 2024By Park Jae-hyuk
Why HD Hyundai was chosen as venue for president's population policy meeting

'Major global oil companies interested in joining East Sea oil, gas field project'

Major global oil companies are expressing interest in participating in an oil and gas field development project in the East Sea, where the government estimates up to 14 billion barrels of gas and oil reserves are buried, according to Kim Dong-sub, CEO of the Korea National Oil Corp. (KNOC), Wednesday.

Jun 19, 2024By Baek Byung-yeul
'Major global oil companies interested in joining East Sea oil, gas field project'

Hyundai Mobis' acoustic AI inspection system

Engineers from Hyundai Mobis monitor the results of product quality checks conducted by its acoustic artificial intelligence (AI) inspection system at its manufacturing facility in Changwon, South Gyeongsang Province, Wednesday. The company developed the AI inspection system by utilizing sound to maximize the accuracy of its quality checks. Courtesy of Hyundai Mobis

Jun 19, 2024By Lee Min-hyung
Hyundai Mobis' acoustic AI inspection system

Coway's new ice water purifiers sell like hotcakes amid rising summer heat

Coway is seeing skyrocketing demand for its latest ice water purifier as hot summer weather appears to have arrived earlier than last year, according to the country's major home appliance company, Wednesday.

Jun 19, 2024By Ko Dong-hwan
Coway's new ice water purifiers sell like hotcakes amid rising summer heat

Shinsegae in disarray as e-commerce units continue to falter

Shinsegae Group decided to replace the CEOs of SSG.com and Gmarket, as the e-commerce subsidiaries have failed to make profits, the conglomerate said Wednesday.

Jun 19, 2024By Park Jae-hyuk
Shinsegae in disarray as e-commerce units continue to falter

LG Electronics teams up with ChargePoint to expand EV charging infrastructure in US

LG Electronics said Wednesday it has partnered with ChargePoint, the leading supplier of charging solutions for electric vehicles in North America, to expand its EV charging business on a global basis.

Jun 19, 2024
LG Electronics teams up with ChargePoint to expand EV charging infrastructure in US

CONTRIBUTION Sustainable synergy: Korea, Germany to drive economic growth, innovation

German Vice Chancellor and Minister for Economic Affairs and Climate Protection Robert Habeck will visit Korea, Thursday, underscoring the deepening bilateral ties between two economic powerhouses.

Jun 19, 2024By Martin Henkelmann
[CONTRIBUTION] Sustainable synergy: Korea, Germany to drive economic growth, innovation

Former prosecutors appointed at firms with high rate of workplace fatalities

Manufacturers and construction firms are vying to hire former high-ranking prosecutors in a bid to better shield management from legal liabilities when workplace accidents occur, according to industry officials, Tuesday.

Jun 19, 2024By Park Jae-hyuk
Former prosecutors appointed at firms with high rate of workplace fatalities
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