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Reporter : Park Jae-hyuk
Sat, June 3, 2023 | 00:25
Controversy grows over death of LG Display worker
LG Display is embroiled in controversy after one of its employees, a man in his 40s, was found dead last Friday on the south bank of the Han River near Yeouido, where the company's headquarters are located, according to industry officials, Wednesday.
Companies | 2023-05-24 16:45
Shipbuilders struggle with foreign workers deserting jobs
Shipbuilders are seeing an increasing number of foreign workers deserting their jobs and escaping from the shipyards, according to industry officials, Wednesday, who also said the aggravated labor shortages are making it harder for the shipbuilders to meet the growing global demand for vessels.
Companies | 2023-05-24 15:53
Hanwha Ocean launched amid volatile labor-management relations
Hanwha Ocean started operating as the shipbuilding subsidiary of Hanwha Group, Tuesday, after its shareholders agreed on proposals to change its name from Daewoo Shipbuilding & Marine Engineering (DSME) and appoint new management.
Companies | 2023-05-23 16:53
ASM to hire 200 more workers after building new plant in Korea
ASM will hire around 200 additional employees in Korea over the next three to five years, following its plan announced earlier this year to invest $100 million to build a second manufacturing and R&D facility next to an existing one in Hwaseong, Gyeonggi Province, the Dutch semiconductor equipment supplier said Tuesday.
Tech | 2023-05-23 15:24
Ontario offers more incentives to attract LGES-Stellantis battery plant
The Canadian province of Ontario has offered to share the burden with the country's federal government to give larger incentives to secure the construction of a joint battery plant run by LG Energy Solution (LGES) and Stellantis. The latest development indicates the companies have gained an advantage in their ongoing negotiations, according to industry officials, Monday.
Companies | 2023-05-22 16:29
LH chief opposes land minister's idea of abolishing 'jeonse'
Korea Land and Housing Corp. (LH) CEO Lee Han-jun has attracted public attention by speaking out against the idea of abolishing “jeonse,” a unique Korean house rental system, which was initially proposed by Minister of Land, Infrastructure and Transport Won Hee-ryong, who supervises the state-run real estate developer, according to industry officials, Monday.
Companies | 2023-05-22 16:24
Kyochon takes heat for offering discounts after price hike
An anonymous office worker in her 30s stopped buying fried chicken from Kyochon F&B after its price hike earlier this year, and remains reluctant to order from the major fried chicken franchise, despite its recent discount offerings.
Companies | 2023-05-19 16:50
Lawmaker's cryptocurrency scandal sparks war in local gaming industry
Controversy over suspicious cryptocurrency trading by independent lawmaker Kim Nam-kuk, who left the main opposition Democratic Party of Korea after the scandal, has developed into a conflict between local gaming companies and professors specializing in the field, according to industry officials, Friday.
Tech | 2023-05-19 15:58
Samsung, SK, POSCO chiefs meet Canadian PM Trudeau
Samsung Electronics Executive Chairman Lee Jae-yong was among the Korean business tycoons who met with Canadian Prime Minister Justin Trudeau in Seoul on Wednesday afternoon, along with SK Group Chairman Chey Tae-won and ...
Companies | 2023-05-18 16:29
Mass resignations, layoffs seen as major threat to corporate cybersecurity
The Great Resignation, an ongoing economic trend of employees quitting their jobs in high numbers starting in early 2021, as well as mass layoffs resulting from economic uncertainty, threaten the cybersecurity of Korean and global companies, Proofpoint's survey of chief information security officers (CISOs) in 16 countries showed Thursday.
Tech | 2023-05-18 14:21
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