Industry

Industry

#Hyundai Motor
(News Focus) Hyundai Motor's EV plan at risk of losing impetus on parts shortage, union opposition
By Kim Eun-jung SEOUL, May 18 (Yonhap) -- South Korean automaker Hyundai Motor Co. has debuted its all-electric Ioniq 5 in hope of catching up with EV leader Tesla, but its ambitious plan could f... 14:39 May. 18
#SK Innovation
SK Innovation to form battery material JV with Chinese firms
BY Kim Eun-jung SEOUL, May 18 (Yonhap) -- SK Innovation Co., a South Korean refinery-to-battery maker, has agreed to form a joint venture with Chinese companies to produce cathode, a key material f... 14:37 May. 18
#summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Tuesday. ----------------- (2nd LD) New cases back under 600, potential upsurge still worrisome (ATTN: ADDS de... 13:30 May. 18
#Samsung
Samsung unveils 3 new power management ICs for DDR5 DRAM modules related article
SEOUL, May 18 (Yonhap) -- Samsung Electronics Co. on Tuesday unveiled new power-controlling chips that minimize overall power consumption while boosting performance of dynamic random-access memory ... 11:00 May. 18
#LCCs
Budget carriers suffer extended losses in Q1 over prolonged pandemic slump
By Kim Eun-jung SEOUL, May 18 (Yonhap) -- South Korea's low-cost carriers suffered an extended loss in the first quarter as the coronavirus continued to weigh on travel demand, data showed Tuesday,... 08:26 May. 18
#Asiana
Asiana Q1 net losses narrow on robust cargo demand
By Kim Eun-jung SEOUL, May 17 (Yonhap) -- Asiana Airlines Inc., South Korea's second-biggest airline, said Monday its net losses narrowed in the first quarter from a year earlier as increased cargo... 17:27 May. 17
#Daewoo Shipbuilding
Daewoo Shipbuilding turns to red in Q1
SEOUL, May 17 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipbuilder, said Monday it swung to the red in the first quarter of the year from a year earlier due to... 16:53 May. 17
#Samsung
Samsung's U.S. chip plant investment may be in offing: sources related article
SEOUL, May 17 (Yonhap) -- Samsung Electronics Co. may unveil its plan later this month to build a new chip factory in the United States, industry sources said Monday, as the South Korean tech giant... 14:04 May. 17
#corporate sales
Number of firms with sales of over 1 tln won drops in 2020 amid pandemic
SEOUL, May 17 (Yonhap) -- The number of South Korean firms with sales of 1 trillion won (US$882 million) or more edged down in 2020 from a year earlier amid the coronavirus pandemic, a corporate tra... 13:39 May. 17
#SsangYong Motor-Q1 earnings
SsangYong Motor Q1 net losses narrow on base effect
SEOUL, May 17 (Yonhap) -- SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., said Monday its first-quarter net losses narrowed from a year earlier on a base eff... 13:31 May. 17
#economic growth
Service output in provinces, major cities up in Q1
SEOUL, May 17 (Yonhap) -- Service output in eight provinces and major cities increased in the first quarter from a year earlier as production in the in-person service segment improved amid relaxed ... 12:00 May. 17
#Samsung Display
Samsung, LG to unveil advanced displays at SID 2021 related article
SEOUL, May 17 (Yonhap) -- Samsung Display Co. and LG Display Co., the country's two largest display makers, on Monday said they will unveil their latest innovations at the world's leading exhibitio... 11:10 May. 17
#amusement parks
Attendance at amusement parks plummets due to pandemic
SEOUL, May 17 (Yonhap) -- The number of visitors to major amusement and theme parks across the country decreased sharply last year due to the coronavirus pandemic, data showed Monday. According... 10:48 May. 17
#LG
LG introduces wireless charging solutions for electric scooters related article
SEOUL, May 17 (Yonhap) -- LG Electronics Inc. on Monday introduced wireless charging solutions for electric scooters as the South Korean tech giant eyes to expand its presence in the mobility secto... 10:00 May. 17
#hydrogen fuel cell drones
S. Korea purchases hydrogen powered-drones for pilot operation related article
SEOUL, May 17 (Yonhap) -- The arms procurement agency said Monday it has signed a deal to purchase hydrogen powered-drones for a pilot operation at the Air Force to boost the military's surveillanc... 09:50 May. 17
#auto exports-April
Auto exports jump 53 pct on base effect, economic recovery
By Kang Yoon-seung SEOUL, May 16 (Yonhap) -- South Korea's exports of automobiles jumped nearly 53 percent on-year in April, data showed Sunday, on the back of the global economic recovery coupled ... 11:00 May. 16
#Hyundai Palisade-exports
Hyundai signs deal to export 500 Palisade SUVs to Congo
SEOUL, May 16 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Sunday it has signed a deal with the Democratic Republic of Congo to export 500 Palisade sport utility vehicles as ... 10:33 May. 16
#Lee Jae-yong
Over 6 in 10 S. Koreans in favor of giving pardon to jailed Samsung heir: poll related article
SEOUL, May 15 (Yonhap) -- More than six out of every 10 South Koreans support the idea of pardoning Lee Jae-yong, the jailed de facto leader of Samsung Group, a poll showed Saturday. According ... 09:00 May. 15
Netmarble Q1 net income up 7.7 pct to 61.9 bln won
SEOUL, May 14 (Yonhap) -- Netmarble Corp. on Friday reported its first-quarter net profit of 61.9 billion won (US$54.8 million), up 7.7 percent from a year earlier. Operating profit for the Janu... 15:43 May. 14
Meritz Securities Q1 net income up 106.8 pct. to 211.7 bln won
SEOUL, May 14 (Yonhap) -- Meritz Securities Co. on Friday reported its first-quarter net profit of 211.7 billion won (US$187.6 million), up 106.8 percent from a year earlier. The company said in... 15:37 May. 14