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Reporter : Kim Yoo-chul
Fri, January 28, 2022 | 05:35
Vietnam vaccine fund wins Samsung, SK backing
The Vietnamese government is facing an alarming spike in COVID-19 infections and top Korean firms, which operate in the Southeast Asian country, are actively responding Hanoi's apparent request to join its vaccine fundraising drive.
Naver withdraws bid for eBay Korea stake
Naver, the country's dominant web portal, has decided to drop out of a high-profile bid to acquire a stake in eBay Korea.
Continued monetary easing causes asset price hike: Bank of Korea
The continued monetary easing policy has resulted in rapid asset price gains especially in the real estate sector, the country's central bank said, stressing the need for the “normalization of monetary policy.”
GM says labor unrest to corner Korean business
Senior management officials at General Motors (GM) headquarters warned labor representatives of GM Korea several times that repeated factory closures due to labor disputes will force the Korean unit to encounter a very difficult situation in terms of allocating new electric vehicle (EV) orders.
Kim Bom-seok steps down from Coupang board
Kim Bom-seok, founder of Coupang, decided to step down from the board of the company in order to spend more time on developing its business overseas, the company said, Thursday.
Shinsegae to acquire eBay Korea for $3.9 bil.
U.S. e-commerce giant eBay has chosen retail conglomerate Shinsegae as the new owner of eBay Korea, which has been up for sale since last year.
[ANALYSIS] Korea sees advantages, challenges with Moderna
President Moon Jae-in's goal is to help South Korea become a global vaccine hub, and given the country's strengths in manufacturing, his ambition is, in theory, achievable and deliverable. South Korea is home to the world's two-largest memory chipmakers: Samsung and SK hynix. Because of the similarities in the complexities of semiconductor production and contract development ...
Hyundai suspends US factory operations
Hyundai Motor Group, the country's leading vehicle manufacturer, has suspended its production facilities in the United States due to the shortage of automotive semiconductors, it said Monday.
Samsung begins output of 5G RF chips
Samsung Electronics has started mass-producing radio frequency (RF) chips for use in 5G-capable telecommunications devices at its foundry chip lines in Hwaseong, Gyeonggi Province, it said in a statement, Wednesday.
Moon-Biden summit boosting Doosan Heavy shares
Investors are betting on Doosan Heavy Industries & Construction's (Doosan Heavy) transformation efforts and moves to improve its corporate soundness as the conglomerate is nearing the end of its restructuring process.