Industry

Industry

#arms exports
S. Korea ranks 10th in world arms exports: report related article
By Choi Soo-hyang SEOUL, Dec. 14 (Yonhap) -- South Korea was the 10th-largest arms exporter in the 2015-2019 period, accounting for 2.1 percent of the world's total defense exports, an annual gover... 11:43 Dec. 14
#Korea Shipbuilding
Korea Shipbuilding wins 400 bln won order from Europe
By Nam Kwang-sik SEOUL, Dec. 14 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. said Monday that it has signed a 400 billion won (US$367 million) deal to build four crude carriers with a... 11:23 Dec. 14
#auto exports-November tally
Auto exports dip 10 pct in Nov. amid virus jitters
By Kang Yoon-seung SEOUL, Dec. 14 (Yonhap) -- South Korea's auto exports dropped 10.2 percent on-year in November, falling at a faster pace compared with the previous month, amid the global resurge... 11:00 Dec. 14
#Kia
Kia workers continue strike for higher pay amid pandemic
SEOUL, Dec. 14 (Yonhap) -- Unionized workers at Kia Motors Corp. will extend their partial strike this week to demand higher wages and bonuses amid the COVID-19 pandemic, the union said Monday. ... 08:54 Dec. 14
#Posco
POSCO to step up hydrogen production capacity by 2050
SEOUL, Dec. 13 (Yonhap) -- South Korean steelmaker POSCO said Sunday it will expand hydrogen production capacity in the next three decades to meet growing demand for the clean energy source and fos... 13:00 Dec. 13
#Starbucks
Starbucks has over 1,500 stores in S. Korea
SEOUL, Dec. 13 (Yonhap) -- Starbucks has opened seven new stores in South Korea, bringing the total number of outlets that the U.S. coffee giant has launched since its debut here 21 years ago to 1,... 11:38 Dec. 13
S. Korea's trade minister meets with USTR nominee
SEOUL, Dec. 12 (Yonhap) -- South Korea's Trade Minister Yoo Myung-hee has met with U.S. President-elect Joe Biden's nominee for U.S. trade representative (USTR), the trade ministry said Saturday. ... 11:36 Dec. 12
#avian influenza
S. Korea issues nationwide standstill on poultry farms amid bird flu cases
SEOUL, Dec. 12 (Yonhap) -- South Korea on Saturday issued a 48-hour standstill order on all poultry farms across the country following a series of highly pathogenic bird flu cases. Until Sunday,... 10:09 Dec. 12
#Hyundai Motor
Hyundai Motor to acquire 80-pct stake of Boston Dynamics from SoftBank
By Kim Eun-jung SEOUL, Dec. 11 (Yonhap) -- South Korea's Hyundai Motor Group said Friday its affiliates and its chairman will buy an 80-percent stake, worth up to 900 billion won (US$828 million), ... 17:44 Dec. 11
#Audi VW Korea-biz plans
(LEAD) Audi VW to add 8 EVs in S. Korea by 2023
(ATTN: ADDS details throughout) SEOUL, Dec. 11 (Yonhap) -- Audi Volkswagen Korea Group said Friday it will launch eight additional all-electric models in South Korea by 2023 to bolster sales and m... 13:35 Dec. 11
Daewoo Shipbuilding wins LPG carrier order from America
By Nam Kwang-sik SEOUL, Dec. 11 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. said Friday that it has signed a deal to build a liquefied petroleum gas (LPG) carrier with an American compa... 11:52 Dec. 11
#Audi VW Korea-biz plans
Audi VW to add 8 EV models in S. Korea by 2023
SEOUL, Dec. 11 (Yonhap) -- Audi Volkswagen Korea Group said Friday it will launch eight all-electric models in South Korea by 2023 to boost sales and absorb growing local demand for zero-emission c... 11:46 Dec. 11
#Samsung
Samsung's share in wireless earphone phone market down in Q3: report related article
SEOUL, Dec. 11 (Yonhap) -- Samsung Electronics Co.'s share in the global wireless earphone market dropped slightly in the third quarter of the year, a report showed Friday, as more consumers lean t... 09:49 Dec. 11
#GM Korea-wage deal
GM Korea union OKs 2nd tentative wage deal
SEOUL, Dec. 11 (Yonhap) -- GM Korea Co. and its union have reached a second tentative wage deal after union members rejected the first deal early this month, the company said Friday. In a vote ... 08:38 Dec. 11
Full text of President Moon Jae-in's statement on South Korea's 2050 carbon neutrality vision
SEOUL, Dec. 10 (Yonhap) -- The following is an unofficial translation of President Moon Jae-in's declaration of South Korea's 2050 carbon neutrality vision. It was provided by his office, Cheong Wa... 20:04 Dec. 10
$(LEAD) Hyundai Heavy picked as preferred bidder for Doosan Infracore$

(LEAD) Hyundai Heavy picked as preferred bidder for Doosan Infracore
(ATTN: RECASTS with comments by Doosan Heavy and HHIH in paras 3-4) By Nam Kwang-sik SEOUL, Dec. 10 (Yonhap) -- South Korea's power plant builder Doosan Heavy Industries & Construction Co. said Thu... 18:09 Dec. 10
$Hyundai Heavy picked as preferred bidder for Doosan Infracore$

Hyundai Heavy picked as preferred bidder for Doosan Infracore
By Nam Kwang-sik SEOUL, Dec. 10 (Yonhap) -- South Korea's No. 1 construction equipment maker Doosan Infracore Co. said on Thursday that its creditors led by Korea Development Bank (KDB) have tapped... 17:12 Dec. 10
#news summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Thursday. ------------------------------- (LEAD) Biegun says diplomacy 'best' and 'only' course to resolving... 17:00 Dec. 10
#Samsung Display
More Samsung Display workers to be reassigned to Samsung Electronics' chip unit related article
SEOUL, Dec. 10 (Yonhap) -- An additional batch of employees at Samsung Display Co. will be reassigned to Samsung Electronics Co.'s semiconductor unit, industry officials said Thursday, following th... 16:53 Dec. 10
#Hyundai-investment
(2nd LD) Hyundai Motor to invest 60 tln won by 2025 for EV growth
(ATTN: ADDS details and stock price in 15th and last paras) By Choi Kyong-ae SEOUL, Dec. 10 (Yonhap) -- South Korea's Hyundai Motor Co. said Thursday it will invest 60.1 trillion won (US$55.5 bil... 16:42 Dec. 10