BUSSINESS
November 24, 2024 03:56pm
Nvidia CEO signals Samsung’s imminent shipment of AI chips
Samsung Electronics, the world's largest memory chip maker, is expected to supply its cutting-edge chips to the top graphics processing unit make...
November 24, 2024 03:39pm
S. Korea leads world in industrial robot adoption: study
South Korea leads the world in industrial robot adoption, with 1,012 robots per 10,000 employees deployed in 2023, according to a global study. The Wo...
November 24, 2024 01:58pm
Woori Bank CEO to step down amid legal turmoil over loan scandal
Woori Bank CEO Cho Byung-kyu is stepping down in disgrace as legal risks surrounding the bank and its parent group intensify. According to industry so...
November 22, 2024 04:55pm
SK chief underlines power of 'design thinking' amid global uncertainties
SK Group Chairman Chey Tae-won suggested responding to deepening global uncertainties with "design thinking" at the annual Tokyo Forum on Friday. “Mos...
November 22, 2024 04:51pm
Hanjin inks partnership with DHL to boost logistics competitiveness
Hanjin Logistics Corporation said Friday it has signed a strategic partnership agreement with DHL Supply Chain Korea, to strengthen collaboration in l...
November 22, 2024 04:50pm
Hanwha Ocean drops police complaint against HD Hyundai in destroyer contract bid
Hanwha Ocean said Friday it withdrew its police complaint against rival HD Hyundai concerning the bidding process for the 8 trillion won ($5.7 billion...
November 22, 2024 04:16pm
AmCham seminar discusses US-Korea trade outlook for Trump’s 2nd term
The American Chamber of Commerce in Korea hosted a seminar Wednesday in Seoul, partnering with local law firm Kim & Chang to explore key trade and tar...
November 22, 2024 02:10pm
Celltrion’s Prolia, Xgeva biosimilars receive approval in Korea
South Korean biosimilar giant Celltrion announced Friday that its biosimilars, Stoboclo and Osenvelt, have been approved by the Ministry of Food and D...
November 22, 2024 02:00pm
LG Innotek invests W376b for Vietnam facility
LG Innotek said Friday it would invest 375.9 billion won ($268.3 million) in a facility in Vietnam to respond to new models in the optical solutions b...
November 22, 2024 10:21am
S. Korea to enhance cooperation with Mexico to remove biz uncertainties over Trump
South Korean Trade Minister Cheong In-kyo said Friday the government will establish cooperative channels with Mexico in an effort to minimize uncertai...
November 21, 2024 06:10pm
LG chooses stability in leadership reshuffle amid uncertainties
LG Group chose stability in its year-end executive reshuffle on Thursday, rather than seeking drastic changes in the top brass amid growing uncertaint...
November 21, 2024 05:44pm
Paper firms fined W30b for colluding on newsprint prices
South Korea’s antitrust watchdog has fined three paper manufacturers a total of 30.5 billion won ($21.8 million) for colluding to raise newsprint pric...
November 21, 2024 03:39pm
Now is no time to add pressure on businesses: top executives
The top executives of 16 major Korean conglomerates, including Samsung, SK, Hyundai Motor and LG, on Thursday issued a rare joint statement opposing t...
November 21, 2024 03:24pm
[From the Scene] Gigantic Olive Young store lures young trend-setters in Seongsu
Stepping into Olive Young N Seongsu, just a minute’s walk from Seongsu Station’s Exit 4, visitors are immediately greeted by a vibrant and spacious in...