Industry

Industry

#3 carmakers-Q1 sales
S. Korean units of 3 foreign automakers suffer slump in Q1 sales
SEOUL, April 5 (Yonhap) -- South Korean units of three foreign carmakers posted a 24 percent on-year drop in their domestic sales in the first quarter of the year, suffering the worst performance si... 09:42 Apr. 05
#listed firms
Quarter of firms fail to pay interest on debt in 2020
SEOUL, April 5 (Yonhap) -- Nearly a quarter of companies in South Korea failed to pay the interest on their debts in 2020 despite an overall rise in corporate earnings, a report said Monday. A t... 08:35 Apr. 05
#job creation
Public firms' planned job additions remain 40 pct lower than last year
SEOUL, April 4 (Yonhap) -- More than 35 public firms in South Korea plan to hire more than 5,000 new employees this year, but the number is still almost 40 percent lower than last year's job additi... 11:25 Apr. 04
#shipbuilders
Korean shipbuilders bask in robust new orders in Q1
SEOUL, April 4 (Yonhap) -- South Korean shipbuilders clinched orders in the first quarter worth ten times more than the total orders logged for 2020, as the shipyard industry is recovering from the ... 11:13 Apr. 04
#LG Electronics
LG Electronics likely to rack up best-ever Q1 results on solid appliance hype related article
By Joo Kyung-don SEOUL, April 3 (Yonhap) -- LG Electronics Inc. is expected to post its best-ever first-quarter earnings, according to analysts, on the back of robust performance by its home applia... 07:45 Apr. 03
#Genesis
Genesis to launch sedan, SUV in China
By Kim Eun-jung SEOUL, April 2 (Yonhap) -- Genesis, the independent luxury brand of Hyundai Motor Co., said Friday it will debut its flagship sedan and sports utility vehicle (SUV) in China to targ... 21:00 Apr. 02
#Hyundai Heavy Industries
Hyundai Heavy's union rejects 2nd tentative wage deal
ULSAN, April 2 (Yonhap) -- Unionized workers at global giant shipbuilder Hyundai Heavy Industries Co. failed to pass a second tentative deal for their two years of wages from 2019 to 2020, the comp... 17:49 Apr. 02
#SsangYong Motor-court receivership
Court-led restructuring set to begin for SsangYong Motor
SEOUL, April 2 (Yonhap) -- A court-led restructuring process for SsangYong Motor Co. is set to begin as early as next week as a sole potential investor didn't submit a letter of intent to acquire t... 13:27 Apr. 02
#Hyundai
Hyundai, Kia U.S. sales jump 76 pct on SUVs in March
SEOUL, April 2 (Yonhap) -- Hyundai Motor Co. and affiliate Kia Corp., South Korea's two biggest carmakers, said Friday their combined U.S. sales jumped 76 percent in March from a year earlier on ro... 10:56 Apr. 02
#consumer prices
(2nd LD) Consumer price growth at 14-month high in March amid economic recovery related article
(ATTN: REWRITES headline, lead; UPDATES with more details in paras 5-16; TRIMS throughout) By Kim Soo-yeon SEOUL, April 2 (Yonhap) -- South Korea's consumer prices grew at the fastest pace in 14 mo... 10:20 Apr. 02
#LG Electronics
LG's rollable TV hits overseas markets related article
SEOUL, April 2 (Yonhap) -- LG Electronics Inc. said Friday it has begun selling its rollable TV in foreign markets as the South Korean tech giant eyes to expand its presence in the high-end TV mark... 08:56 Apr. 02
#consumer prices
(LEAD) Consumer price growth at 14-month high in March related article
(ATTN: UPDATES with more details in paras 5, 8-14; ADDS photo) By Kim Soo-yeon SEOUL, April 2 (Yonhap) -- South Korea's consumer prices grew at the fastest pace in 14 months in March as prices of f... 08:25 Apr. 02
#consumer prices
Consumer price growth at 14-month high in March related article
SEOUL, April 2 (Yonhap) -- South Korea's consumer prices grew at the fastest pace in 14 months in March as prices of farm and oil products advanced, data showed Friday, in the latest sign that infl... 08:05 Apr. 02
#consumer prices
(URGENT) S. Korea's consumer price grows 1.5 pct on-year in March, fastest in 14 months
08:00 Apr. 02
#headlines
Top headlines in major S. Korean newspapers
SEOUL, April 2 (Yonhap) -- The following are the top headlines in major South Korean newspapers on April 2. Korean-language dailies -- Police revise probe guidelines to stress animals' right (Kyun... 07:07 Apr. 02
#carmakers-March sales
Carmakers' March sales rise 12 pct on robust overseas demand
By Choi Kyong-ae SEOUL, April 1 (Yonhap) -- South Korean carmakers' sales rose 12 percent last month from a year earlier helped by robust overseas demand for SUVs amid the COVID-19 pandemic, indust... 17:41 Apr. 01
#Tesla accident
Police blame driver for deadly Tesla accident in S. Korea
By Kim Eun-jung SEOUL, April 1 (Yonhap) -- Police said Thursday a designated driver was likely to blame for a Tesla EV-involved accident that killed one person last year, and no mechanical failures... 16:52 Apr. 01
#Kia
Kia's March sales jump 19 pct on SUV popularity
SEOUL, April 1 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Thursday its sales gained 19 percent last month from a year earlier on solid demand for SUVs. Kia sold 251,362... 16:36 Apr. 01
#Hyundai Motor-March sales
Hyundai's March sales rise 22 pct on SUV demand
SEOUL, April 1 (Yonhap) -- Hyundai Motor Co. said Thursday its sales jumped 22 percent last month from a year earlier on robust demand for its SUV models despite the COVID-19 pandemic. The coun... 16:24 Apr. 01
#LG-SK
(2nd LD) ITC backs SK in battery patent suit over LG
(ATTN: UPDATES with closing share price at bottom) By Kim Eun-jung SEOUL, April 1 (Yonhap) -- The U.S. International Trade Commission (ITC) on Thursday made a preliminary ruling in favor of SK Innov... 15:49 Apr. 01