KoreaTimes - Companies

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

Sat, March 25, 2023 | 07:18

LG Energy Solution resumes investments in Arizona factory

LG Energy Solution resumes investments in Arizona factory

LG Energy Solution (LGES) said on Friday that it has decided to resume investments to build a cylindrical battery factory in the U.S. state of Arizona, in order to meet the demand of its global clients in the wake of the implementation of the Inflation Reduction Act.

Park Jae-hyuk | 2023-03-24 16:46

Samsung Display strike looms due to deadlocked wage negotiations

Samsung Display strike looms due to deadlocked wage negotiations

Samsung Display, the display manufacturing affiliate of Samsung Group, is facing a growing risk of a labor strike, the latest development in a months-long deadlock in wage negotiations between management and unionized workers, according to the firm and market watchers, Friday. The unionized workers said they plan to file a request for dispute resolution with the National Labo...

Lee Kyung-min | 2023-03-24 16:42

KCCI chief stresses communication, expo, and new entrepreneurship marking 3rd year

KCCI chief stresses communication, expo, and new entrepreneurship marking 3rd year

SK Group Chairman Chey Tae-won entered his third year, Friday, as head of the Korea Chamber of Commerce and Industry (KCCI), one of the leading business lobby groups in the country. Chey plans to broaden communication and focus all of his efforts in helping Busan win its bid to host the World Expo 2030. The keywords for the chairman's third year in office are communication, E...

Kim Hyun-bin | 2023-03-24 16:33

Over 70% of firms unwilling to embrace longer workweek

Over 70% of firms unwilling to embrace longer workweek

More than seven out of 10 firms said they are not willing to embrace the recently proposed longer workweek, a study showed Friday. Of those who said they would, almost three-quarters said the longer workweek will be implemented only temporarily in the event of a short-term demand surge, production disruption due to equipment malfunctions or peak season.

Lee Kyung-min | 2023-03-24 16:25

FTC criticized for delaying approval for Hanwha's acquisition of DSME

FTC criticized for delaying approval for Hanwha's acquisition of DSME

Korea's antitrust regulator has emerged as an unexpected obstacle to Hanwha Group's acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), as it is still uncertain when the regulator will approve the takeover, according to industry officials, Friday.

Park Jae-hyuk | 2023-03-24 15:52

Hyundai Motor sets up Thai branch to compete with Japanese rivals

Hyundai Motor sets up Thai branch to compete with Japanese rivals

Korea's Hyundai Motor Co. said Friday it has set up a branch in Thailand to gain a share in the local market dominated by Japanese carmakers.

2023-03-24 15:33

Genesis launches 2023 G90 sedan

Genesis launches 2023 G90 sedan

Hyundai Motor's luxury brand said Friday it began sales of the 2023 Genesis G90 sedan, featuring expanded options including a 3.5-liter V6 twin turbo gasoline engine with added power provided by a 48V electric supercharger (e-S/C) as well as improved safety and convenience specifications.

Kim Hyun-bin | 2023-03-24 14:57

Hybe to sell SM shares to Kakao following failed takeover bid

Hybe to sell SM shares to Kakao following failed takeover bid

Hybe, the K-entertainment powerhouse behind global superstar group BTS, said Friday it will sell off all of its 15.78 percent stake in SM Entertainment to Kakao after its bid to take over the rival entertainment agency fell through.

2023-03-24 14:31

Samsung Electronics chief to attend China Development Forum

Samsung Electronics chief to attend China Development Forum

Samsung Electronics Executive Chairman Lee Jae-yong is currently in China to attend the China Development Forum, according to sources Friday.

2023-03-24 10:41

Samsung, SK chiefs prepare for trips to China amid intensifying 'chip war'

Hyundai, Kia to recall over 570,000 vehicles in US due to fire risk

Hyundai, Kia to recall over 570,000 vehicles in US due to fire risk

Hyundai Motor and its smaller affiliate Kia said Friday they will recall over 570,000 vehicles in the United States because the vehicles could pose a fire risk.

2023-03-24 09:22

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	Zoo shares sad story of what caused Sero the zebra to escape

2	Burnout: Cardiothoracic surgery residents work 102 hours a week

3	North Korea will pay price for reckless provocations, warns Yoon

4	Second daughter of Daesang chairman promoted to vice president

5	More companies adopt electronic voting amid increase in shareholder activism

6	Churches, Seoul gov't unite to fight low birthrate

7	What's next for Do Kwon?

8	FTC criticized for delaying approval for Hanwha's acquisition of DSME

9	Over 70% of firms unwilling to embrace longer workweek

10	Samsung Display strike looms due to deadlocked wage negotiations

DARKROOM