Industry

Industry

#Moon Jae-in
Moon replaces Cheong Wa Dae policy chief amid property-related controversy
SEOUL, March 29 (Yonhap) -- President Moon Jae-in replaced Kim Sang-jo, his top Cheong Wa Dae aide on policy, Monday, Moon's office announced amid a controversy over the leasing of his apartment in... 11:41 Mar. 29
#Suez canal
Korean shippers, shipbuilders sailing well amid Suez blockage
By Kang Yoon-seung SEOUL, March 29 (Yonhap) -- Shares in South Korea's shipbuilders and shippers have enjoyed decent increases in the past weeks, but this time, they are again on a rising track on ... 11:14 Mar. 29
#Samsung
Galaxy S21 smartphone sales top 1 mln units in S. Korea related article
SEOUL, March 29 (Yonhap) -- Samsung Electronics Co. said Monday that domestic sales of its new flagship smartphone series, the Galaxy S21, surpassed 1 million units last week. The South Korean ... 10:07 Mar. 29
#Samsung
Samsung maintains top spot in Gulf smartphone market in Q4: report related article
SEOUL, March 29 (Yonhap) -- Samsung Electronics Co. maintained its leading position in the smartphone market of the Gulf Cooperation Council (GCC) region in the fourth quarter of 2020, a report sho... 09:39 Mar. 29
#Samsung
Samsung reclaims No. 1 spot in Feb. smartphone sales: report related article
SEOUL, March 29 (Yonhap) -- Samsung Electronics Co. reclaimed the top spot in global smartphone sales in February, a report showed Monday, after it narrowly beat Apple Inc. on the back of the early... 09:14 Mar. 29
#March exports-poll
S. Korea's exports predicted to rise 18.3 pct in March: poll
By Kang Yoon-seung SEOUL, March 29 (Yonhap) -- South Korea's exports are expected to rise 18.3 percent in March from a year earlier to extend the gains for the fifth consecutive month, led by stron... 08:28 Mar. 29
#top 10 groups
Number of top 10 groups' units soars 17.5 pct over 5 years
SEOUL, March 29 (Yonhap) -- The number of subsidiaries belonging to South Korea's top 10 conglomerates has jumped nearly 18 percent over the past five years to nearly 700, data showed Monday. No. ... 08:21 Mar. 29
#antitrust regulator
5 window producers fined for exaggerated advertising
SEOUL, March 28 (Yonhap) -- South Korea's antitrust regulator said Sunday it has decided to fine five manufacturers of windows a combined 1.28 billion won (US$1.13 million) for exaggerated advertis... 12:00 Mar. 28
$Doosan Infracore releases 100-ton excavators in global market$

#Doosan Infracore
Doosan Infracore releases 100-ton excavators in global market
By Nam Kwang-sik SEOUL, March 28 (Yonhap) -- The South Korean construction equipment maker Doosan Infracore Co. said Sunday it has launched its 100-ton excavators, the biggest in its lineup in the... 10:56 Mar. 28
#Nongshim chairman death
(LEAD) Chairman of noodle giant Nongshim dies
(ATTN: RECASTS headline, lead to add more info; ADDS more details throughout, 2nd photo) SEOUL, March 27 (Yonhap) -- Shin Choon-ho, chairman of South Korea's top noodle maker Nongshim, died Saturda... 10:47 Mar. 27
#Nongshim chairman death
Nongshim Group chairman dies
SEOUL, March 27 (Yonhap) -- Shin Choon-ho, chairman of major food company Nongshim Group, died Saturday of a chronic illness, the company said. He was 91. The group's flagship unit, Nongshim Co.... 09:04 Mar. 27
#headlines
Top headlines in major S. Korean newspapers
SEOUL, March 27 (Yonhap) -- The following are the top headlines in major South Korean newspapers on March 27. Korean-language dailies -- Biden says there will be 'responses' if N. Korea chooses to... 08:53 Mar. 27
#Moody's-Hyundai outlook
Moody's ups outlooks for Hyundai Motor affiliates to 'stable'
SEOUL, March 26 (Yonhap) -- Moody's Investors Service said it has raised its credit outlooks of Hyundai Motor Group's three affiliates to 'stable' from 'negative,' while maintaining Baa1 ratings fo... 16:31 Mar. 26
#Samsung C&T
Samsung C&T wins US$448 mln deal from Singapore
SEOUL, March 26 (Yonhap) -- Samsung C&T Corp., the construction unit of Samsung Group, said Friday it has won a S$604 million (US$448) deal to build a section of Singapore's Mass Rapid Transit (MRT... 14:34 Mar. 26
#Saudi Arabian ambassador
Saudi ambassador to become honorary Seoul citizen related article
SEOUL, March 26 (Yonhap) -- Saudi Arabian Ambassador to South Korea Riyad Almubaraky will be awarded honorary citizenship of Seoul in recognition of his contributions to developing bilateral ties, ... 11:43 Mar. 26
#LED
Korean automotive LED makers up presence in 2020 despite market decline: report related article
SEOUL, March 26 (Yonhap) -- South Korea's two major automotive light-emitting diode (LED) makers saw their revenues increase last year despite an overall market slump amid the pandemic, a report sh... 11:35 Mar. 26
#SK Innovation
(LEAD) SK Innovation says it won't accept LG's excessive demand for battery row settlement
(ATTN: UPDATES with more details, comments in paras 10, 12) By Kim Eun-jung SEOUL, March 26 (Yonhap) -- SK Innovation Co. won't accept LG Energy Solution Ltd.'s excessive demand to settle its batt... 11:22 Mar. 26
#SK Innovation
SK Innovation says it won't accept LG's excessive demand for battery row settlement
By Kim Eun-jung SEOUL, March 26 (Yonhap) -- SK Innovation Co. won't accept LG Energy Solution Ltd.'s excessive demand to settle its battery lawsuit in the United States and will continue to make ef... 11:08 Mar. 26
#Doosan Heavy
Doosan Heavy completes 2nd wind power generator plant
By Nam Kwang-sik SEOUL, March 26 (Yonhap) -- South Korean power plant builder Doosan Heavy Industries & Construction Co. said Friday it has completed the construction of its second plant for wind ... 11:05 Mar. 26
#extra budget
Over 80 pct of extra budget-funded relief aid to be offered by May
SEOUL, March 26 (Yonhap) -- South Korea plans to provide more than 80 percent of another extra budget-funded relief aid to pandemic-hit smaller merchants by May, a senior government official said F... 10:57 Mar. 26