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Mon, July 4, 2022 | 14:43

HLB succeeds in testing hydrogen-powered ship

HLB, a manufacturer of ships and pharmaceutical products based in the southeastern port city of Ulsan, succeeded in testing a hydrogen-powered ship called Bluebird, taking a step toward the commercialization of ships using eco-friendly energy, the company said Friday.

Baek Byung-yeul | 2022-04-22 16:00

Musk says he has financing to take Twitter buyout bid to investors

Elon Musk has lined up $46.5 billion in financing for a possible hostile takeover of Twitter and is "exploring" a direct tender offer to shareholders, according to a securities filing released Thursday.

2022-04-22 10:36

Naver fails to meet market expectations

Naver's first-quarter earnings fell short of market expectations as its profitability declined, due to soaring labor costs amid slowing e-commerce growth, according to the internet company, Thursday.

Baek Byung-yeul | 2022-04-21 16:48

SK shieldus vows to offer ironclad cybersecurity

SK shieldus has been providing cybersecurity services to over 2,000 customer companies through its 24-hour, 365-day control system, in response to the growing threat of cyberattacks.

Baek Byung-yeul | 2022-04-21 15:08

LG Magna to build EV parts plant in Mexico

LG Magna e-Powertrain, a joint venture between LG Electronics and Canadian car parts maker Magna International, will build an electric vehicle (EV) parts-manufacturing plant in Mexico to supply components to U.S. carmaker GM, LG said, Wednesday.

Baek Byung-yeul | 2022-04-20 16:46

Digital healthcare next growth engine for companies

LG Electronics, KT, Naver, Kakao and other Korean companies are foraying into the digital healthcare business - including telemedicine - as the importance of healthcare has been highlighted by the ongoing COVID-19 pandemic, company officials said Wednesday.

Baek Byung-yeul | 2022-04-20 16:13

Samsung, LG, SKT, KT unveil innovative technologies for endemic era at World IT Show

Samsung Electronics, LG Electronics, SK Telecom, KT, Kia and other companies from Korea and abroad are displaying their new products equipped with the latest technologies at the World IT Show, the largest IT event in Seoul, which runs until Friday.

Baek Byung-yeul | 2022-04-20 09:27

LG CNS to build AI smart farm platform

LG CNS will build a smart farm helping farmers to grow high-quality crops by utilizing the company's digital technologies such as artificial intelligence (AI) and sensors, the IT solution arm of LG Group said, Tuesday.

Baek Byung-yeul | 2022-04-19 16:45

LG-led consortium pushing for $9 billion battery supply chain project in Indonesia

A Korean consortium led by LG has signed an initial agreement with Indonesian state-run companies for a project worth around $9 billion to establish an electric vehicle battery supply chain in the Southeast Asian country, an LG unit said Monday.

2022-04-18 13:27

Chipmakers rush to raise employee salaries to tackle worker shortage

Major semiconductor firms are raising employee salaries to tackle a shortage of skilled professionals in the high-tech industry, an effort underpinned by the government's policy to nurture young experts to strengthen the country's growth driver, according to industry watchers, Sunday.

Lee Kyung-min | 2022-04-17 16:08

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