KoreaTimes - Business

The Korea Times

The Korea Times

The Korea Times

Business

Mon, September 25, 2023 | 14:57

Hyundai Steel succeeds in developing industrial neutron composition analyzer

Hyundai Steel succeeds in developing industrial neutron composition analyzer

The country's second-largest steelmaker, Hyundai Steel, has succeeded in domestically producing an industrial neutron composition analyzer in collaboration with Hyundai Motor's in-house startup 3I Solution, the company said Thursday.

Kim Jae-heun | 2023-08-31 16:02

LG CNS wins Google Cloud partner awards

LG CNS wins Google Cloud partner awards

LG CNS CEO Hyun Shin-gyoon, left, poses with Google Cloud CEO Thomas Kurian after winning the Sales Partner of the Year and the Services Partner of the Year awards from the cloud company during the 2023 Google Cloud Next conference in San Francisco, Wednesday (local time). On the sidelines of the event, LG CNS said its CEO and executives had a top management meeting with thei...

Baek Byung-yeul | 2023-08-31 14:51

[INTERVIEW] Scania Korea releases new truck with advanced fuel efficiency

INTERVIEWScania Korea releases new truck with advanced fuel efficiency

Korea's hottest summer in five years surprised and challenged the newly appointed managing director and CEO of Scania Korea, Jarkko Ketola, who arrived in the country for the first time in late July.

Park Jae-hyuk | 2023-08-31 14:48

Korean IT powerhouses challenge global tech titans in AI market

Korean IT powerhouses challenge global tech titans in AI market

Naver, Kakao, LG, SK Telecom, KT and other IT companies here are aggressively launching or plan to introduce generative AI services to counter the growing influence of ChatGPT and other AI services introduced by global big tech firms. Services by local companies can display robust performance here - compared to ChatGPT provider OpenAI, Google and Microsoft - if they provide c...

Baek Byung-yeul | 2023-08-31 13:54

Dongwon F&B launches 100% plant-based canned 'ham'

Dongwon F&B launches 100% plant-based canned 'ham'

Dongwon F&B launched a vegetable canned ham-style product, My Plant Original, to become a total protein provider while moving towards the popularization of plant-based meat alternatives, the company said Wednesday.

Kim Jae-heun | 2023-08-31 08:19

Hyosung honorary chairman recognized for boosting ties with Japan

Hyosung honorary chairman recognized for boosting ties with Japan

Hyosung Group Honorary Chairman Cho Suk-rae, the father of incumbent Chairman Cho Hyun-joon, was selected as the winner of the eighth Korea-Japan Forum Award, thanks to his contribution to improving bilateral economic ties, according to the Korea Foundation, which sits under the supervision of the Ministry of Foreign Affairs.

Park Jae-hyuk | 2023-08-31 08:18

CNN names new leader amid ratings decline

CNN names new leader amid ratings decline

CNN is bringing in a former chief executive of the BBC and The New York Times in an attempt to turn around a news organization that has burned through two leaders and bled viewers over the past two years.

2023-08-30 21:56

Hyundai to buy 5% stake in battery material firm Korea Zinc

Hyundai to buy 5% stake in battery material firm Korea Zinc

Hyundai Motor Group said Wednesday it will buy a 5 percent stake in Korea Zinc for 530 billion won ($400 million) in the latest move to secure a stable supply of nickel for its electric vehicles (EVs).

2023-08-30 20:13

EcoPro maintains 10-year partnership with Sony, Murata Manufacturing

EcoPro maintains 10-year partnership with Sony, Murata Manufacturing

EcoPro celebrated the 10th anniversary of its partnership with Japanese battery cell companies Sony and Murata Manufacturing, the company said Wednesday.

Kim Jae-heun | 2023-08-30 17:01

Heineken's exit sparks concerns over Russian operations of Samsung, LG

Heineken's exit sparks concerns over Russian operations of Samsung, LG

Heineken's recent sale of its Russian subsidiary almost for free appears to be creating a dilemma for Samsung, Hyundai Motor, LG and other Korean companies that have suspended the operations of their factories in Russia for more than a year in the wake of the Russian ...

Park Jae-hyuk | 2023-08-30 16:45

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