KoreaTimes - Business

The Korea Times

The Korea Times

The Korea Times

Business

Tue, September 26, 2023 | 05:57

APR aims to become leader in beauty industry

APR aims to become leader in beauty industry

APR will double down on securing more advanced technologies until the Seoul-based beauty device, cosmetics and sports apparel manufacturer rises to global fame and starts to be perceived as the next Apple or Tesla in the burgeoning beauty tech industry, the firm's founder and CEO Kim Byung-hoon said in a recent interview.

Lee Min-hyung | 2023-09-20 09:29

IBM seeks to offer enhanced AI service to enterprises with Watsonx

IBM seeks to offer enhanced AI service to enterprises with Watsonx

IBM introduced its generative AI platform Watsonx to corporate customers and professionals here, explaining that the platform makes it easier for customers to utilize generative AI, the country general manager of its Korean unit said, Tuesday.

Baek Byung-yeul | 2023-09-19 16:47

Golfzon sanctioned for price fixing

Golfzon sanctioned for price fixing

The Fair Trade Commission (FTC) ordered Golfzon, the country's largest indoor screen golf system maker, to stop its price-fixing practices after it was found to have helped some of its franchisees collude in order to charge customers more, the antitrust agency said Tuesday.

Lee Min-hyung | 2023-09-19 16:45

Hyundai Mobis develops state-of-the-art parking tech

Hyundai Mobis develops state-of-the-art parking tech

Hyundai Mobis has developed a state-of-the-art parking technology that enables drivers to park their vehicles simply by touching a button, the car parts manufacturer said Tuesday.

Lee Min-hyung | 2023-09-19 16:42

US court ruling bolsters KHNP's drive to sell nuclear reactors overseas

US court ruling bolsters KHNP's drive to sell nuclear reactors overseas

A U.S. court ruling in favor of two Korean state-run power companies on Monday (local time) is expected to boost Korea's bid to export nuclear reactors to the Czech Republic and other countries, according to industry officials and experts, Tuesday. The District Court for the District of Columbia dismissed a lawsuit filed last October by Westinghouse Electric, a Pennsylvania-b...

Ko Dong-hwan | 2023-09-19 16:37

US energy firm to appeal court decision in favor of KEPCO, KHNP over nuclear reactor exports

Samsung celebrates 30th anniversary of guide dog school

Samsung celebrates 30th anniversary of guide dog school

Samsung Group on Tuesday celebrated the 30th anniversary of a guide dog school founded by its late chairman, Lee Kun-hee. The event's human participants honored Lee, while dogs at the beginning - or end - of their guide careers received the limelight..

Ko Dong-hwan | 2023-09-19 16:23

LX, Dongwon, Harim struggle to raise money for HMM acquisition

LX, Dongwon, Harim struggle to raise money for HMM acquisition

LX International, Dongwon Industries and the consortium of Harim Holdings and JKL Partners appear to be going all out to secure cash to win in a bid to acquire a controlling stake in HMM, which is estimated to be up to 6 trillion won ($4.5 billion), according to industry officials, Tuesday.

Park Jae-hyuk | 2023-09-19 16:19

Business lobby group revamped

Business lobby group revamped

Ryu Jin, head of the Federation of Korean Industries (FKI), second from left, celebrates the unveiling ceremony of its new stone sign in front of its headquarters in Seoul, Tuesday. From left are Hyosung Group Chairman Cho Hyun-joon, Ryu, Samyang Holdings Chairman Kim Yoon and FKI Vice Chairman Kim Chang-beom. The FKI made slight changes to its Korean name for the first time ...

Lee Min-hyung | 2023-09-19 15:34

POSCO Future M recognized for compliance management

POSCO Future M recognized for compliance management

Kim Myung-ho, left, head of POSCO Future M's legal affairs office, and Luis Cunha, manager of Lloyd's Register Quality Assurance's Asia-Pacific operations, hold the ISO 37301 certificate awarded to the Korean company at POSCO Center in Seoul, Tuesday. This is the first time that a Korean battery materials firm has received the certificate of compliance management. Courtesy of...

Park Jae-hyuk | 2023-09-19 15:24

Hyundai Motor union vote to accept 2023 wage deal

Hyundai Motor union vote to accept 2023 wage deal

Hyundai Motor said Tuesday its unionized workers have voted to accept this year's wage deal, averting a strike for the fifth consecutive year.

2023-09-19 11:59

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