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Reporter : Kim Hyun-bin
Sat, March 25, 2023 | 20:40
Samsung SDI promotes batteries for commercial vehicles in Germany
Samsung SDI presented its latest battery technologies and products for commercial vehicles at the international exhibition, IAA Transportation Hannover 2022, in Germany, the company said Tuesday. Samsung SDI introduced high-nickel prismatic battery cells made with its proprietary silicon-carbon nanocomposite technology, which improves energy intensity, charging speed and dura...
LS chief calls on employees to become futurists
LS Group Chairman Koo Ja-eun called on its employees to become futurists to be able to effectively introduce changes in new businesses and digital transformation during the conglomerate's first LS Future Day event held at LS Tower in Anyang Gyeonggi Province, Monday. The purpose of the event was to share ideas for future businesses and discuss ways to enhance R&D and digital ...
FKI seeks to let employers hire replacement workers during strikes
The Federation of Korean Industries (FKI), a major business lobby group, said Monday that it submitted a proposal to the Ministry of Employment and Labor asking for permission to hire replacement workers during strikes and to prohibit the illegal occupation of business sites by unionized workers. The proposal, titled “improvement plan for establishing a balanced labor-managem...
GS Group invests heavily in new businesses
GS Group is starting to invest heavily in future growth businesses ranging from solar power, nuclear power and electric vehicles (EVs) to biotechnology, according to industry officials, Monday. The move comes as GS Group Chairman Huh Tae-soo has been pushing to invest in new businesses with partners for future growth. GS Group is promoting more than 15 new businesses in diver...
Hyundai aims to win support in Africa for Busan's Expo bid
Hyundai Motor Group is striving to win support in Africa for Busan's bid to host the World Expo 2030. Kia CEO Song Ho-sung departed for Africa as a special envoy for the Ministry of Foreign Affairs to host the Expo, Sunday. According to the company, Song will visit South Africa, Mozambique, and Zimbabwe for six days through Sept. 23.
Samsung chief expected to attend funeral of Queen Elizabeth II
Samsung Electronics Vice Chairman Lee Jae-yong is in the United Kingdom (U.K.) and is expected to attend the funeral of Queen Elizabeth II, according to industry officials, Sunday. Lee arrived in the U.K. and is known to be engaged in business activities at present. Initially, he was scheduled to meet with U.K. Prime Minister Liz Truss as a special envoy to the president and ...
KCCI chief meets Japan's key Expo 2025 bid committee figures
Korea Chamber of Commerce and Industry (KCCI) Chairman Chey Tae-won, left, poses with Expo 2025 Osaka-Kansai Promotion Committee Vice Chairman Masayoshi Matsumoto after holding a meeting in Tokyo, Thursday, on ways to win the bid to host the World Expo 2030 in Busan. Chey also met with key figures of Japan's bid committee. Courtesy of KCCI
Hyundai Motor bets on battery recycling business
Hyundai Motor Group has begun a company-wide initiative to enter the waste battery business at home and abroad, according to company officials, Thursday. Kia signed a contract recently to supply waste batteries with a German state-owned railway company, and Hyundai Motor formed a task force team for the waste battery business in a joint venture with Hyundai Mobis and Hyundai ...
Volkswagen launches first EV ID.4 in Korea
Volkswagen Korea launched its first pure electric SUV ID.4 at a launch ceremony held at the Grand Walkerhill Seoul, Thursday. “This beautiful compact luxury SUV features Volkswagen's unique intelligent design, identity and visionary technology. This EV provides a very solid driving feeling and a nice interior experience,” Sacha Askidjian, president of Volkswagen Korea said. “...
SK to invest $48 billion outside greater Seoul area over 5 years
SK Group will invest 67 trillion won ($48.1 billion) over the next five years to foster the semiconductor, biopharmaceutical and energy industries in areas outside Seoul, Incheon and Gyeonggi Province, Korea's second-largest business group said, Wednesday. The investment is largely designed to help revitalize regional economies and achieve a more balanced national development.