Industry

Industry

#Renault Samsung
Renault Samsung's March sales tumble 43 pct on weak domestic demand
SEOUL, April 1 (Yonhap) -- Renault Samsung Motors Corp. said Thursday its sales plunged 43.2 percent last month from a year earlier due to weak domestic demand. The South Korean unit of Renault S.... 15:37 Apr. 01
#SsangYong Motor-March sales
SsangYong's March sales fall 24 pct on weak domestic demand
SEOUL, April 1 (Yonhap) -- SsangYong Motor Co. said Thursday its sales fell 24 percent last month from a year earlier due mainly to lower demand at home for its vehicles amid the extended COVID-19 p... 15:30 Apr. 01
#GM Korea
GM Korea's March sales dip 21.8 pct amid pandemic slump
SEOUL, April 1 (Yonhap) -- GM Korea Co. said Thursday its sales decreased 21.8 percent last month from a year earlier on weak demand at home and abroad. The South Korean unit of General Motors ... 15:27 Apr. 01
#trade barrier
U.S. expected to maintain trade barriers under Biden: KITA
By Kang Yoon-seung SEOUL, April 1 (Yonhap) -- The new U.S. administration is expected to largely maintain its protectionist policies against imported goods, including South Korean products, a repor... 15:00 Apr. 01
#Galaxy Z Fold
Samsung lowers price of Galaxy Z Fold2 in S. Korea related article
SEOUL, April 1 (Yonhap) -- Samsung Electronics Co. has lowered the price of its latest foldable smartphone, the Galaxy Z Fold2, industry insiders said Thursday, in an effort to popularize the folda... 13:57 Apr. 01
#S Korea-power semiconductor
S. Korea to speed up growth of power semiconductor industry
By Kang Yoon-seung SEOUL, April 1 (Yonhap) -- South Korea pledged Thursday to support the power semiconductor industry amid growing demand for energy-efficient chips with stronger durability. Un... 13:00 Apr. 01
#S Korea-medical exports
Exports of virus-related medical goods sharply up in 2020
By Kang Yoon-seung SEOUL, April 1 (Yonhap) -- South Korea's exports of test kits for the new coronavirus, protective masks and other virus-related goods sharply increased last year amid the pandemi... 13:00 Apr. 01
#Doosan Logistics Solutions
Doosan Logistics Solutions offers sorting system to Vietnam Post related article
By Nam Kwang-silk SEOUL, April 1 (Yonhap) -- System integrator Doosan Logistics Solutions Co. (DLS) said Thursday that it has provided an automation sorting system to Vietnam Post, Vietnam's large... 11:45 Apr. 01
#trade balance
(3rd LD) Exports up for 5 months in March, recovery likely to be further extended related article
(ATTN: ADDS details in paras 19-22) By Kang Yoon-seung SEOUL, April 1 (Yonhap) -- South Korea's exports advanced 16.6 percent in March from a year earlier on the back of solid demand for chips and ... 11:33 Apr. 01
#LG Electronics
LG Electronics launches new 17-inch laptop related article
SEOUL, April 1 (Yonhap) -- LG Electronics Inc. on Thursday launched a new 17-inch laptop boasting high performance as the South Korean tech giant eyes boosting notebook sales amid the pandemic-indu... 11:25 Apr. 01
#LG-SK
(LEAD) ITC backs SK in battery patent suit over LG
(ATTN: UPDATES with more details in paras 5-6) 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 Innovatio... 11:21 Apr. 01
#Kia
Kia EV6 draws strong response, preorders top this year's target
By Kim Eun-jung SEOUL, April 1 (Yonhap) -- Kia Corp., South Korea's No. 2 automaker, said Thursday its first all-electric model, the EV6, set a new pre-sale record on the first day of its offer. ... 11:15 Apr. 01
#Samsung Electronics
Samsung to log robust Q1 earnings on improved mobile biz: analysts related article
By Joo Kyung-don SEOUL, April 1 (Yonhap) -- Samsung Electronics Co. is expected to report robust earnings in the first quarter of the year, analysts here said Thursday, as its mobile business has a... 11:11 Apr. 01
#S Korea-Malaysia trade
S. Korea, Malaysia agree to expand economic ties
By Kang Yoon-seung SEOUL, April 1 (Yonhap) -- Top trade officials from South Korea and Malaysia on Thursday agreed to expand bilateral exchanges to overcome the economic fallout from the new corona... 11:00 Apr. 01
#LG-SK
ITC backs SK in battery patent suit over LG
By Kim Eun-jung SEOUL, April 1 (Yonhap) -- The U.S. International Trade Commission (ITC) on Thursday made a preliminary ruling in favor of South Korea's No. 2 battery maker SK Innovation Co. in a p... 10:51 Apr. 01
#Seoul city tour bus
Seoul to resume city bus tours this week related article
SEOUL, April 1 (Yonhap) -- The Seoul metropolitan government said Thursday it will resume operation of its city bus tours later this week. The buses will start running again from Saturday, about... 10:40 Apr. 01
#Hyundai-Santa Cruz pickup
Hyundai teases Santa Cruz ahead of U.S. launch this month
SEOUL, April 1 (Yonhap) -- Hyundai Motor Co. on Thursday released a teaser for the Santa Cruz pickup ahead of its unveiling in the United States this month. The Santa Cruz sport adventure vehic... 10:34 Apr. 01
#Korea Shipbuilding
Korea Shipbuilding wins 566 bln won in orders for 7 ships related article
By Nam Kwang-sik SEOUL, April 1 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has signed deals worth 566 billion won (US$502 million) with companies from Asia, ... 10:30 Apr. 01
#trade balance
(2nd LD) Exports up for 5 months in March, recovery likely to be further extended related article
(ATTN: ADDS details throughout) By Kang Yoon-seung SEOUL, April 1 (Yonhap) -- South Korea's exports advanced 16.6 percent in March from a year earlier on the back of solid demand for chips and auto... 10:22 Apr. 01
#CU
Convenience store chain CU opens 1st outlet in Malaysia
SEOUL, April 1 (Yonhap) -- CU has opened its first outlet in Malaysia as part of its overseas push, the operator of South Korea's top convenience store chain said Thursday. The 165-square-meter ou... 09:43 Apr. 01