KoreaTimes - Business

The Korea Times

The Korea Times

The Korea Times

Business

Sat, September 23, 2023 | 06:37

HD Hyundai confident of selling unmanned earthmovers to Saudi Arabia

HD Hyundai confident of selling unmanned earthmovers to Saudi Arabia

BORYEONG, South Chungcheong Province - Torrential rainfall on Wednesday could not hinder HD Hyundai XiteSolution’s unmanned excavator and dozer from digging and moving dirt piled up on the proving ground owned by the construction equipment maker’s subsidiary, HD Hyundai Infracore.

2023-09-21 16:10

Asiana Airlines wins customer satisfaction award

Asiana Airlines wins customer satisfaction award

Asiana Airlines CEO Won Yu-seok, second from left, poses with Korea Management Association Consultants President and CEO Han Soo-Hee, third from left, at The Shilla Seoul hotel, Thursday, after the airline won the Korean Customer Satisfaction Index Award 2023's flight category. The recognition was based on the airline's expansion of international routes following the end of t...

2023-09-21 16:10

Kia's compact Ray EV

Kia's compact Ray EV

Kia's entry-level Ray EV will become available to customers on Thursday. The compact EV features a 35.2-kilowatt-hour battery pack. According to the carmaker, the vehicle can travel up to 233 kilometers on a single charge. Courtesy of Kia

2023-09-21 15:45

KG Mobility seeks breakthrough in Europe

KG Mobility seeks breakthrough in Europe

KG Mobility looks set to remain in the black with a renewed export-driven growth strategy and expand sales in Europe by diversifying it lineup of price-competitive electric vehicles (EV), KG Group and KG Mobility Chairman Kwak Jae-sun said Thursday.

2023-09-21 15:25

Broadcom fined $14.3 mil. for unfair biz practices against Samsung

Broadcom fined $14.3 mil. for unfair biz practices against Samsung

Korea's antitrust regulator said Thursday it has decided to slap a 19.1 billion-won ($14.3 million) fine on U.S. chipmaker Broadcom, for its unfair business practices against Samsung Electronics.

2023-09-21 15:24

LG CNS employees teach coding at elementary schools

LG CNS employees teach coding at elementary schools

New employees of LG CNS teach coding to students at Hongsan Elementary School in Buyeo County, South Chungcheong Province, Tuesday. The company said Thursday that around 60 employees provided coding education at Hongsan and Baekje Elementary Schools in the county. Courtesy of LG CNS

2023-09-21 14:10

European biz lobby calls for flexibility in Korea's EV battery, plastic waste regulations

European biz lobby calls for flexibility in Korea's EV battery, plastic waste regulations

The European Chamber of Commerce in Korea (ECCK) on Thursday called for Korea to consider allowing greater flexibility in adopting regulations for electric vehicle (EV) batteries, plastic recycling and other major industries, to help further promote the trade between Seoul and the economic bloc.

2023-09-21 10:40

Hyundai to speed up construction of US EV plant for tax credits

Hyundai to speed up construction of US EV plant for tax credits

Hyundai Motor Group said Wednesday it will speed up the construction of its electric vehicle (EV) and battery plant in the United States to benefit from tax credits for locally produced EVs.

2023-09-20 20:53

New industry minister demonstrates priorities with visits to nuclear plant, Busan port

New industry minister demonstrates priorities with visits to nuclear plant, Busan port

Korea's new Minister of Trade, Industry and Energy Bang Moon-kyu visited a nuclear power plant under construction in Ulsan and a Busan port for his first day on the job, signaling the ministry's priorities under his watch.

Ko Dong-hwan | 2023-09-20 16:58

Korea urged to adopt China exit strategy amid hegemonic war

Korea urged to adopt China exit strategy amid hegemonic war

Korean companies are on track to reduce reliance on China and increase investment in other Asian markets, in attempts to minimize potential losses from the escalating hegemonic struggle between the U.S. and the world's second-largest economy.

Lee Min-hyung | 2023-09-20 16:42

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