KoreaTimes - Business

The Korea Times

The Korea Times

The Korea Times

Business

Sat, September 23, 2023 | 18:52

Pulmuone runs local food industry's first hydrogen truck

Pulmuone runs local food industry's first hydrogen truck

Pulmuone has deployed the local industry's first hydrogen truck to reduce the company's emissions and contribute to the country's carbon neutralization goal, the food company said Monday.

Ko Dong-hwan | 2023-09-11 15:46

KT teams up with Singapore Post for digital logistics

KT teams up with Singapore Post for digital logistics

KT forged a partnership with Singapore Post, a public postal logistics company in Singapore, to promote AI-based logistics and jointly develop new businesses in the digital logistics sector, the company said Monday.

Baek Byung-yeul | 2023-09-11 14:58

Korea to set global standards for human brain-computer interface data

Korea to set global standards for human brain-computer interface data

The government is set to lead global standardization of interface data between the human brain and computers, hoping that the new standards for the innovative technology will give the country an upper hand in the highly anticipated industry, according to officials, Monday.

Ko Dong-hwan | 2023-09-11 14:43

Hyundai E&C inks partnership deal with energy IT startup

Hyundai E&C inks partnership deal with energy IT startup

Hyundai Engineering & Construction (Hyundai E&C) said Monday it has signed a partnership deal with a local energy IT startup via an equity investment in an effort to break into the power brokerage business.

2023-09-11 14:10

Hyundai Motor's vehicle sales in Russia come to standstill

Hyundai Motor's vehicle sales in Russia come to standstill

Hyundai Motor saw its sales plunge to an all-time low in Russia last month, according to the Association of European Business (AEB), Sunday. The association said Hyundai Motor sold only six vehicles in August, which accounts for 0.01 percent of the Russian market share, down 99.9 percent from 2,982 cars a year earlier.

Ko Dong-hwan | 2023-09-11 08:28

KT invests in local AI startups to expand ecosystem

KT invests in local AI startups to expand ecosystem

KT is investing in two Korean AI startups as part of its plan to expand the AI business-related ecosystem, the telecommunications company said Sunday.

Baek Byung-yeul | 2023-09-10 16:25

Samsung Group begins large-scale recruitment

Samsung Group begins large-scale recruitment

Samsung Group will begin accepting applications for new hires on Monday, marking the start of its large-scale recruitment for the second half of the year, the nation's largest conglomerate said Sunday. The group said its 20 affiliates, including Samsung Electronics, Samsung Display, Samsung Electro-Mechanics, Samsung SDI, Samsung C&T, Samsung Biologics, Samsung Life Insurance...

Baek Byung-yeul | 2023-09-10 16:25

Hyundai Motor Group promotes Busan's Expo bid at G20 summit

Hyundai Motor Group promotes Busan's Expo bid at G20 summit

Hyundai Motor's IONIQ 5 electric vehicles, wrapped with logos and phrases promoting the Korean port city of Busan's World Expo 2030 bid, are seen at the Qutub Minar tourist spot in New Delhi, India, where the G20 Summit is being held, in this photo provided by the group, Sunday. The automotive group said that it is operating the vehicles on Saturday and Sunday, during the G20...

Baek Byung-yeul | 2023-09-10 14:54

Korea's overseas construction orders rise 20% in Jan.-Aug. period

Korea's overseas construction orders rise 20% in Jan.-Aug. period

Korean construction companies' overseas orders increased 20 percent in the January-August period from a year earlier to exceed $20 billion, industry data showed Sunday.

2023-09-10 11:10

Korean streamers still have chances to catch up with Netflix: expert

Korean streamers still have chances to catch up with Netflix: expert

Korea's homegrown streaming service operators, like Tving and Wavve, can compete with global media giant Netflix in the local market as long as they have effective plans to deal with rising production costs and viewers' changing preferences, a senior expert of a U.S. market analyst firm has said.

2023-09-10 09:39

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