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Reporter : Kim Hyun-bin
Sat, February 24, 2024 | 01:21
Hyundai Motor shifts focus to India from China, Russia
Hyundai Motor is redirecting its focus toward India to offset plunging sales in China and Russia as demand for cars has been exploding in the South Asian country in recent years in line with its robust economic growth, according company officials and industry experts, Thursday.
Korea 'hugely important' market for Mercedes-Benz: company chairman
Mercedes-Benz Chairman Ola Kallenius said Thursday that the German luxury car brand plans to further expand collaboration with Korean partners and finds the local market to be “hugely important” for the carmaker during a press conference held at The Shilla hotel in Seoul.
Daewoo E&C ranks 3rd overall in construction capability evaluation
Daewoo E&C is establishing a foundation for medium to long-term growth as a global construction company, despite the increasing uncertainty of rising interest rates and construction costs.
FKI vows to restore public trust, clean up image over past wrongdoings
The Federation of Korean Industries (FKI), which used to be the country's premier business lobby group, pledged to regain public trust and improve its reputation that was tarnished following a political corruption scandal.
FTC approves establishment of joint venture between LS and L&F
The Fair Trade Commission (FTC) has approved the establishment of a joint venture between LS, which produces the core material of secondary batteries and L&F. The joint venture is tentatively named LS L&F Battery Solution.
LX Holdings CEO joins Zero Disposable Challenge
LX Holdings announced that CEO Roh Jin-seo has joined the Zero Disposable Challenge, a nationwide environmental campaign started by the Ministry of Environment aiming to reduce the use of disposable products in daily life.
Renault Korea's XM3 brings joy to driving
Renault Korea's XM3 stands out in the domestic market boasting the most diverse engine options in its class paired with distinct transmissions. There are three different variations: CVT turbocharged, 7-speed dual-clutch and hybrid. Consumers can choose an XM3 from various powertrain types to suit their preferences.
Samsung, Google, Kakao game collaboration hits peak popularity
Samsung Electronics collaborated with Google and Kakao Games to release “Ares: Rise of Guardians,” which immediately rose to the top of Google Play Store's popularity chart and ranked second in terms of revenues following its launch.
Korean Air to weigh passengers on domestic, international flights
Korean Air will weigh passengers and their carry-on luggage when boarding domestic and international flights in compliance with aviation laws. The airline plans to apply a weight standard on passengers, including their carry-on baggage, with domestic passengers at Gimpo International Airport from Aug. 28 to Sept. 6, and international passengers at Incheon International Airpor...
KT Submarine starts fresh as LS Marine Solution
LS Cable & System announced that it has acquired a 24.3 percent stake (6,295,558 shares) in KT Submarine from KT for 44.9 billion won, securing a total 45.69 percent stake and becoming the largest shareholder, according to the company, Thursday. At the same time, KTS held a special shareholders' meeting the same day to approve agenda items related to changes in articles of in...