Industry

Industry

#LG Innotek
LG Innotek establishes AI-powered patent analysis system to boost R&D related article
SEOUL, April 6 (Yonhap) -- LG Innotek Co., a major electronics parts maker in South Korea, said Tuesday it has established an artificial intelligence (AI) powered patent search and analysis system ... 10:21 Apr. 06
#LG Electronics
LG Electronics partners KT to develop cross-platform AI services related article
SEOUL, April 6 (Yonhap) -- LG Electronics Inc. said Tuesday it plans to develop cross-platform artificial intelligence (AI)-powered services with KT Corp., South Korea's major telecom operator, to ... 09:07 Apr. 06
#foreign IBs
Foreign IBs hike S. Korea's 2021 growth outlook to 3.8 pct
SEOUL, April 6 (Yonhap) -- Major global investment banks (IBs) have again upgraded their outlook for South Korea's 2021 economic growth amid growing hopes of a recovery, a report showed Tuesday. A... 08:12 Apr. 06
#LG Electronics
(News Focus) With mobile biz left behind, LG Electronics now sets sights on vehicle parts, AI related article
By Joo Kyung-don SEOUL, April 5 (Yonhap) -- Leaving its ill-fated mobile business behind, LG Electronics Inc., South Korea's No. 2 tech firm, will zero in on bolstering promising sectors, like vehi... 16:40 Apr. 05
#LG Electronics
(3rd LD) LG Electronics exits from loss-making mobile biz related article
(ATTN: UPDATES share price at bottom) By Joo Kyung-don SEOUL, April 5 (Yonhap) -- LG Electronics Inc. said Monday it will withdraw from the mobile business after years of money-losing performance a... 16:28 Apr. 05
#public Wi-Fi
Seoul city to provide faster public Wi-Fi service at must-visit places from next month related article
SEOUL, April 5 (Yonhap) -- The Seoul metropolitan government said Monday faster public Wi-Fi service will be available at the city's popular tourist attractions and parks starting next month. T... 16:03 Apr. 05
#inter-affiliate transactions
8 conglomerates to lower barriers for their cafeteria biz
SEOUL, April 5 (Yonhap) -- Eight large business groups will lower barriers for non-affiliated firms to run cafeteria businesses for them, a sector long dominated by their affiliates, the corporate ... 15:12 Apr. 05
#news summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Monday. -------------------- (2nd LD) New virus cases back below 500 on fewer tests; tougher curbs under revie... 14:12 Apr. 05
#POSCO Chemical
POSCO Chemical to supply battery material for LG-GM joint venture
By Kim Eun-jung SEOUL, April 5 (Yonhap) -- POSCO Chemical Co., an affiliate of South Korea's steel giant POSCO Group, said Monday it will provide a key material for Ultium Cells' rechargeable batt... 13:59 Apr. 05
#LG Electronics
LG's departure from mobile biz to boost bigger rivals' presence related article
By Joo Kyung-don SEOUL, April 5 (Yonhap) -- LG Electronics Inc.'s withdrawal from the mobile business is likely to help its bigger rivals such as Samsung Electronics Co. expand their presence in th... 13:50 Apr. 05
#antitrust regulator
Homeplus fined 468 mln won for unfair biz activity
SEOUL, April 5 (Yonhap) -- South Korea's antitrust regulator said Monday it has decided to fine discount store chain Homeplus 468 million won (US$414,500) for unfairly passing on sales promotion co... 12:00 Apr. 05
#LG Electronics
(2nd LD) LG Electronics exits from loss-making mobile biz related article
(ATTN: ADDS more info in paras 8-13, 22-25; 3rd photo) By Joo Kyung-don SEOUL, April 5 (Yonhap) -- LG Electronics Inc. said Monday it will withdraw from the mobile business after years of money-los... 11:39 Apr. 05
#LG Electronics
(LEAD) LG Electronics exits from loss-making mobile biz related article
(ATTN: UPDATES 2nd para; ADDS more info from 6th para) By Joo Kyung-don SEOUL, April 5 (Yonhap) -- LG Electronics Inc. said Monday it will withdraw from the mobile business after years of money-los... 11:00 Apr. 05
#Samsung
Samsung adopts new ERP system for efficient operation related article
SEOUL, April 5 (Yonhap) -- Samsung Electronics Co. on Monday said the company adopted a new enterprise resource planning (ERP) system to enhance efficiency and productivity in its global operations... 11:00 Apr. 05
#FDI-Q1 tally
FDI pledges to S. Korea up 44.6 pct in Q1 on post-COVID recovery hope related article
By Kang Yoon-seung SEOUL, April 5 (Yonhap) -- Foreign direct investment (FDI) pledges to South Korea shot up 44.6 percent in the first quarter from a year earlier, data showed Monday, as investors ... 11:00 Apr. 05
#LG Electronics
LG Electronics exits from loss-making mobile biz related article
By Joo Kyung-don SEOUL, April 5 (Yonhap) -- LG Electronics Inc. said Monday it will withdraw from the mobile business after years of money-losing performance amid intensifying competition with bigg... 10:40 Apr. 05
#Hankook Tire-supply deal
Hankook Tire supplies tires for Chinese EV maker
SEOUL, April 5 (Yonhap) -- Hankook Tire & Technology Co., the world's seventh-largest tiremaker by sales, said Monday it has been supplying tires for Chinese EV company NIO's models since last year... 10:33 Apr. 05
#LG Electronics
(URGENT) LG Electronics officially announces exit from mobile business
10:33 Apr. 05
#imported car
Imported auto sales jump 34 pct in March despite pandemic
SEOUL, April 5 (Yonhap) -- Sales of imported vehicles in South Korea jumped 34 percent in March from a year earlier on robust sales of German cars, an industry association said Monday. The numbe... 10:15 Apr. 05
#Samsung
Samsung to fund 46.4 bln won for 27 research projects related article
SEOUL, April 5 (Yonhap) -- Samsung Electronics Co. said Monday it will provide support of more than 46.4 billion won (US$41 million) for 27 research projects in the areas of basic science, material... 10:00 Apr. 05