KoreaTimes - Companies

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

Wed, February 1, 2023 | 12:03

Nongshim opens Shin Ramyun pop-up store in Seoul

Nongshim opens Shin Ramyun pop-up store in Seoul

The country's largest instant noodle maker Nongshim opened the Shin Ramyun Cafeteria pop-up in Seoul on Monday, riding on the popularity of its metaverse version that gathered 40,000 visitors online. “After Shin Ramyun Zepeto Cup Noodle gained so much love, we decided to run a pop-up store in the real world to provide a unique experience to consumers,” a Nongshim official sai...

Kim Jae-heun | 2023-01-09 16:55

Earnings shocks set to rock more Korean companies

Earnings shocks set to rock more Korean companies

Samsung Electronics and LG Electronics have been hit directly by the global economic downturn, and their performances in the fourth quarter of 2022 recorded negative earnings surprises of 70 percent and 90 percent, respectively, from the same period the year before. Their sluggish performance is expected to continue for the sector and industry officials believe other companie...

Kim Hyun-bin | 2023-01-09 08:21

CJ CheilJedang to conduct large-scale expansion into new markets

CJ CheilJedang to conduct large-scale expansion into new markets

CJ CheilJedang plans to expand its global presence in K-Food by entering into new markets other than the existing ones in the U.S., Europe and Japan, according to the company Sunday. CJ CheilJedang has decided to advance into Canada, Australia, Thailand, Indonesia and Malaysia.

Kim Hyun-bin | 2023-01-08 17:29

[ANALYSIS] Will gov't deregulation measures lead to soft landing of housing market?

ANALYSISWill gov't deregulation measures lead to soft landing of housing market?

Years of heavy demand-control real estate regulations have all but come to an end, scrapped by last week's government measures put in place to engineer a soft landing of the housing market that experienced extreme overheating under the Moon Jae-in administration. Borrowing limits and other requirements were all lifted except in four districts of Seoul - Gangnam, Seocho, Songp...

Lee Kyung-min | 2023-01-08 15:30

Regulator fines GS Retail $1.24 mil. for unfair sales tactics

Regulator fines GS Retail $1.24 mil. for unfair sales tactics

Korea's antitrust regulator said Sunday it has decided to impose a fine of 1.58 billion won ($1.24 million) on GS Retail for unfairly forcing suppliers to bear marketing costs for products sold on its home shopping channel.

2023-01-08 13:30

Jeju Air's int'l flights back to 70% of pre-pandemic levels

Jeju Air's int'l flights back to 70% of pre-pandemic levels

Jeju Air, Korea's leading budget carrier, said Sunday the number of its flights on international routes bounced back to 70 percent of pre-pandemic levels last month.

2023-01-08 11:39

'Samsung will offer extended connected experience via SmartThings': vice chairman

'Samsung will offer extended connected experience via SmartThings': vice chairman

LAS VEGAS - Han Jong-hee, vice chairman of Samsung Electronics, announced the company's vision for home appliances and its mobile business during the Consumer Electronics Show (CES), Friday, saying the company “will take the lead in popularizing the hyper-connected era with evolved SmartThings.” SmartThings is Samsung's internet of things (IoT) platform. Han elaborated the co...

Baek Byung-yeul | 2023-01-08 11:00

LG CEO vows to be 'brave optimist' to deal with demand volatility

LG CEO vows to be 'brave optimist' to deal with demand volatility

LG CEO vows to be 'brave optimist' to deal with demand volatility

LAS VEGAS - LG Electronics CEO Cho Joo-wan said Friday that the company will seek to be a “brave optimist,” showing his determination to diversify the company's business portfolio and deal with business difficulties caused by external changes. “Our VS (vehicle component solutions) business is expected to turn a profit as of 2022 after about 10 years. As the VS division has sh...

Baek Byung-yeul | 2023-01-08 10:00

'Samsung will offer extended connected experience via SmartThings': vice chairman

Korean conglomerate executives boost ties with each other at CES

Korean conglomerate executives boost ties with each other at CES

LAS VEGAS - Top executives and heirs of family-controlled Korean conglomerates took advantage of the 2023 Consumer Electronics Show (CES) to expand their personal networks and seek the new growth engines for their companies. Making their way through the crowds in the 230,000 square meters of exhibition space at the Las Vegas Convention Center, they did not just promote techno...

Park Jae-hyuk | 2023-01-07 14:39

SK chairman stresses decarbonizing efforts during surprise visit to CES

SK chairman stresses decarbonizing efforts during surprise visit to CES

LAS VEGAS - SK Group Chairman Chey Tae-won expressed satisfaction with his company's exhibition pavilion at the 2023 Consumer Electronics Show (CES) in Las Vegas, Friday (local time), saying its booth displayed the group's efforts to reduce carbon emissions exceptionally well. “I hope more people pay attention to climate change, so that we can cope with the issue better,” sai...

Park Jae-hyuk | 2023-01-07 14:10

SK chief makes surprise appearance at CES

11 12 13 14 15 16 17 18 19 20

Top 10 Stories

1	Korean Lunar New Year vs. Chinese Lunar New Year

2	US bill introduced to honor Korean War hero

3	South Korea, US to expand size and content of joint military drills

4	Popular travel YouTuber recalls painful memories of being bullied at school

5	Samsung refuses to cut chip output despite plunging profits

6	Holy Moly concert series brings 4 punk bands to Haebangchon

7	Cyber University of Korea offers online Korean language programs for foreigners

8	IMF slashes Korea's 2023 economic growth outlook to 1.7%

9	Yonsei University global forum

10	Korea Exchange to toughen rules against unfair traders

DARKROOM