Industry

Industry

#S Korea-UAE trade
S. Korea, UAE to expand ties for post-pandemic recovery
By Kang Yoon-seung SEOUL, April 8 (Yonhap) -- South Korea and the United Arab Emirates (UAE) on Thursday agreed to expand cooperation in the emerging industries, including the green energy segment,... 16:00 Apr. 08
#Kia-K8 launch
(LEAD) Kia launches K8 sedan, 1st model under new brand logo
(ATTN: CHANGES photos; ADDS details in paras 6, 9-10) SEOUL, April 8 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, on Thursday launched the K8 sedan, the first model under its new b... 15:19 Apr. 08
$Doosan Infracore enjoys robust sales in March$

#Doosan Infracore
Doosan Infracore enjoys robust sales in March
By Nam Kwang-sik SEOUL, April 8 (Yonhap) -- Doosan Infracore Co. said Thursday that its monthly sales surged in March at home and abroad on the back of stimulus policies around the globe and brisk... 15:19 Apr. 08
#S Korea-exports outlook
Exports tipped to expand 18.1 pct in 2021: think tank related article
By Kang Yoon-seung SEOUL, April 8 (Yonhap) -- South Korea's exports are expected to expand 18.1 percent on-year in 2021 to set a fresh record high on the back of global economic recovery from the C... 14:30 Apr. 08
State pension operator cuts number of big-stake firms in Q1
SEOUL, April 8 (Yonhap) -- South Korea's state pension operator reduced the number of listed firms in which it has a stake of 5 percent or more in the first quarter of the year, a financial informat... 14:12 Apr. 08
Short-term bond sales dip 7.2 pct in Q1
SEOUL, April 8 (Yonhap) -- Sales of short-term corporate bonds in South Korea sank more than 7 percent in the first quarter of the year amid the coronavirus pandemic, data showed Thursday. Local... 13:43 Apr. 08
#hydrogen technology
S. Korea to accelerate hydrogen technologies related article
SEOUL, April 8 (Yonhap) -- South Korea's science ministry said Thursday it will spend 25.3 billion won (US$22.6 million) over six years to acquire core hydrogen-related technologies as the country ... 12:00 Apr. 08
#Daewoo Shipbuilding
Daewoo Shipbuilding opens digital center for shipbuilding process
By Nam Kwang-sik SEOUL, April 8 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. said Thursday that it has opened a center to control the shipbuilding process at its shipyards. The center ... 11:25 Apr. 08
#LG Electronics
LG to support smartphone OS updates for up to 3 yrs even after closure related article
SEOUL, April 8 (Yonhap) -- LG Electronics Inc. said Thursday it will offer extended software upgrades for its smartphones as the company is set to depart from the mobile business. LG's mobile o... 11:09 Apr. 08
#insect industry-target
S. Korea to further nurture insects industry
By Kang Yoon-seung SEOUL, April 8 (Yonhap) -- South Korea's agricultural ministry said Thursday it plans to expand the size of the insects market to 140 billion won (US$124 million) by 2025 and fos... 11:00 Apr. 08
#Samsung Heavy Industries
Samsung Heavy wins certificates for wind turbine installation vessel
By Nam Kwang-sik SEOUL, April 8 (Yonhap) -- Samsung Heavy Industries Co. said Thursday that it has obtained approvals for its conceptual design for a wind turbine installation vessel (WTIV) from t... 10:33 Apr. 08
#Samsung
Samsung launches upgraded Galaxy A series in U.S. related article
By Joo Kyung-don SEOUL, April 8 (Yonhap) -- Samsung Electronics Co. introduced its new Galaxy A series smartphone portfolio in the United States on Thursday, hoping it can take over market share of... 10:15 Apr. 08
#Kia-K8 launch
Kia launches K8 sedan, 1st model under new brand logo
SEOUL, April 8 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, on Thursday launched the K8 sedan, the first model under its new brand logo, in the domestic market. The K8 comes wit... 09:20 Apr. 08
#SsangYong Motor-plant suspension
SsangYong halts plant operations on chip parts shortage
SEOUL, April 8 (Yonhap) -- Financially troubled carmaker SsangYong Motor Co. said Thursday it will suspend the operation of its local plant for a week due to lack of semiconductor chips. SsangYo... 08:10 Apr. 08
#Doosan Infracore
Construction equipment makers forecast to see robust Q1 results
By Nam Kwang-sik SEOUL, April 7 (Yonhap) -- South Korea's construction equipment makers led by Doosan Infracore Co. are forecast to have posted strong results in the first quarter, mainly thanks t... 15:43 Apr. 07
#LG Electronics
(3rd LD) LG Electronics expects best-ever quarterly earnings in Q1 related article
(ATTN: ADDS stock closing price at bottom) By Joo Kyung-don SEOUL, April 7 (Yonhap) -- LG Electronics Inc. on Wednesday expected its best-ever quarterly performance in the first quarter as its home... 15:41 Apr. 07
#Samsung Electronics
(2nd LD) Samsung expects Q1 earnings surprise on strong mobile, home appliance biz related article
(ATTN: ADDS stock closing price at bottom) By Joo Kyung-don SEOUL, April 7 (Yonhap) -- Samsung Electronics Co. on Wednesday expected a market forecast-beating earnings for the first quarter as its ... 15:39 Apr. 07
#inflation
(LEAD) S. Korea to temporarily lift import duties on corn to stabilize prices
(ATTN: REWRITES lead; ADDS more details in paras 5, 6, 10-12) SEOUL, April 7 (Yonhap) -- South Korea plans to temporarily remove tariffs on some imported grains including corn in an effort to help ... 14:31 Apr. 07
#SK hynix
SK hynix in talks with Bosch over supply of automotive memory chips: sources related article
SEOUL, April 7 (Yonhap) -- SK hynix Inc., South Korea's second-largest chipmaker, is in talks with German auto parts giant Robert Bosch GmbH over a long-term supply of automotive memory semiconduct... 13:50 Apr. 07
#SK hynix
SK hynix settles chip patent dispute with Netlist related article
SEOUL, April 7 (Yonhap) -- SK hynix Inc., South Korea's second-largest chipmaker, said Wednesday it has reached a settlement with U.S.-based Netlist Inc. over memory technology patents. The two... 13:37 Apr. 07