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Reporter : Kim Hyun-bin
Tue, January 31, 2023 | 21:42
POSCO's main steel mill shuts down for 1st time due to flooding
POSCO has suspended operations at its main steel mill in Pohang, North Gyeongsang Province, for the first time in its 49-year history, due to flooding as a result of the heavy downpour that accompanied Typhoon Hinnamnor, according to company officials Wednesday.
Mercedes-Benz teaches kids traffic safety
Mercedes-Benz Korea CEO Thomas Klein, third from right, poses with company executives and members of the Green Mothers' Society during the Mercedes-Benz MobilKids campaign, a traffic safety education program for children, at Samjeon Elementary School in Seoul, Wednesday. Since its...
Korean chip, battery makers to benefit from US-China rivalry
The United States' move to exclude China from global supply chains will likely benefit Korean semiconductor and secondary battery businesses, according to analysts and industry officials, Wednesday.
Audi releases pure EV Q4 e-tron, Q4 sportsback e-tron
Audi Korea officially launched its first compact pure electric sports utility vehicle (SUV), the new Audi Q4 e-tron and the new Audi Q4 Sportback e-tron in Korea and is scheduled to start sales on Sept. 19, according to the company, Tuesday. The company held “The new Audi Q4 e-tron Media Conference” and revealed their latest EV models at Four Season Hotel Seoul, Tuesday.
Hyundai Motor chief wraps up 2-week US trip to counter IRA
Hyundai Motor Group Chairman Chung Euisun returned to Korea after a two-week business trip to the U.S. to better seek countermeasures for the recently passed Inflation Reduction Act (IRA) that is set to negatively impact Hyundai Motor Group's electric vehicle (EV) sales in the U.S, according to industry officials, Monday. Chung returned to Korea through Gimpo International Ai...
'Gov't should actively support high-tech industries as Taiwan does'
Korea's high-tech and future industries are lagging behind those of Taiwan, even if its economy is twice as large, due to insufficient policy support and heavy regulations, according to the Federation of Korean Industries (FKI), Monday. In a report titled “Status and Implications of Taiwan's Industrial Reorganization,” it said the Taiwanese government's full support for high-...
Samsung's foundry plant construction to strengthen Korea-US chip ties
Samsung's U.S. foundry plant construction is expected to strengthen Korea-U.S. semiconductor ties, with the company conducting large-scale recruitment for local workers as the groundbreaking ceremony draws closer, according to industry officials, Sunday.
Lotte starts Vietnam's eco smart city landmark project
Lotte Chairman Shin Dong-bin has kick-started a Southeast Asian landmark project to build an integrated smart logistics center in Vietnam, according to the company, Sunday.
Chaebol tycoons seek to connect with younger generation of workers
Korea's top business leaders have been breaking tradition by holding casual, unannounced meetings with employees as they try to connect with younger, working-age Koreans, according to industry officials and experts, Wednesday. They are aiming to break down the image of their authoritarian company cultures and establish more horizontal organizational structures to create a fri...
Earth photo taken by Danuri
This image of the Earth was taken by Korea's unmanned space vehicle Danuri, photographed at a distance of 1.3 million kilometers away on Aug. 29. / Courtesy of Ministry of Science and ICT