#SECA
Corporate Newsroom
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#inflation reduction actIndustry chief to visit U.S. for talks on EV tax credit, chips bills
SEOUL, Sept. 20 (Yonhap) -- South Korean Industry Minister Lee Chang-yang departed for Washington on Tuesday for talks with U.S. officials on ways to minimize impacts on South Korea by new U.S. bil... Corporate Newsroom 10:30 Sep. 20 -
#chicken franchiseThird overseas bhc chicken to open in Malaysia next month
SEOUL, Sept. 20 (Yonhap) -- South Korea's second-largest chicken franchise by sales, bhc Group, said Tuesday it will open its third store in Malaysia next month as part of its strategy to expand in... Corporate Newsroom 10:26 Sep. 20 -
#Samsung SDISamsung SDI showcases battery products, technologies at int'l truck show
SEOUL, Sept. 20 (Yonhap) -- Samsung SDI Co. presented its latest battery technologies and products for commercial vehicles at an international exhibition taking place in Germany this week, the Sout... Corporate Newsroom 10:25 Sep. 20 -
#foreign tech companiesForeign tech companies log some 4 tln won in Korean sales in 2021
SEJONG, Sept. 20 (Yonhap) -- Sales of Google, Apple and other foreign tech giants in South Korea rose more than six times in 2021 from five years earlier to flirt with 4 trillion won (US$2.9 billio... Corporate Newsroom 08:57 Sep. 20 -
#Hanwha General Insurance Co., Ltd.
Hanwha General Insurance to raise 190 bln won via stock sale
SEOUL, Sept. 19 (Yonhap) -- Hanwha General Insurance Co. on Monday announced that it will sell stocks to raise 190 billion won(US$136.3 million). The proceeds from the stock offering will be used p... Corporate Newsroom 18:03 Sep. 19 -
#Hyundai-IVECO-hydrogen carHyundai, IVECO unveil hydrogen vehicle in extended partnership
SEOUL, Sept. 19 (Yonhap) -- South Korea's Hyundai Motor Co. on Monday unveiled a hydrogen-powered vehicle based on Italian carmaker IVECO Group N.V.'s DAILY van in their extended commercial car par... Corporate Newsroom 18:00 Sep. 19 -
#Samsung ElectronicsUnionists seek to bring suit against Samsung Electronics over 'peak wage' policy
SEOUL, Sept. 19 (Yonhap) -- Labor unionists of Samsung Electronics Co. are seeking to file a suit against the tech giant over its "peak wage" policy, sources said Monday. Samsung's biggest labor... Corporate Newsroom 17:18 Sep. 19 -
#OCED reportOECD raises inflation outlook for S. Korea to 5.2 pct, growth forecast to 2.8 pct
SEOUL, Sept. 19 (Yonhap) -- The Organization for Economic Cooperation and Development (OECD) on Monday raised its 2022 inflation outlook for South Korea to 5.2 percent amid high energy prices over ... Corporate Newsroom 15:00 Sep. 19 -
#mobility road mapSeoul targets half of new vehicles as autonomous ones in 2035
SEOUL, Sept. 19 (Yonhap) -- South Korea is targeting to commercialize a Level 4 autonomous vehicle in 2027 to release half of newly launched vehicles as Level 4 models in 2035, the transport minist... Corporate Newsroom 12:00 Sep. 19 -
#KSOEKSOE wins 525 bln-won order for 8 ships
SEOUL, Sept. 19 (Yonhap) -- Major South Korean shipyard Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday it has bagged a 525 billion-won (US$378 million) order to build eight ships ... Corporate Newsroom 11:33 Sep. 19 -
#oil subsidyGov't to extend subsidies for diesel vehicle drivers to year-end
SEOUL, Sept. 19 (Yonhap) -- The government decided to extend subsidies for diesel vehicle drivers until the end of this year to help ease their burden from high fuel costs, Finance Minister Choo Ky... Corporate Newsroom 10:02 Sep. 19 -
#Samsung ElectronicsSamsung widens gap between Intel as world's largest chipmaker by revenue in Q2 related article
SEOUL, Sept. 19 (Yonhap) -- Samsung Electronics Co. expanded its market share of the global semiconductor industry in the second quarter, maintaining its top spot, a research showed Monday. Sams... Corporate Newsroom 09:02 Sep. 19 -
#African swine feverS. Korea reports new African swine fever case in about month related article
SEOUL, Sept. 19 (Yonhap) -- South Korea will slaughter some 7,000 pigs to try to stem the spread of African swine fever (ASF) following a new outbreak at a local farm, the agriculture ministry said... Corporate Newsroom 08:04 Sep. 19 -
#Korean carmakers-global shareS. Korean carmakers' global market share falls to 7.7 pct
SEOUL, Sept. 18 (Yonhap) -- South Korean carmakers' global market share slightly fell to 7.7 percent in the first half from a year earlier amid the extended chip shortage, industry data showed Sund... Corporate Newsroom 15:58 Sep. 18 -
#Jeju Air-Indonesian routeJeju Air signs MOU with Indonesian province for new route
SEOUL, Sept. 18 (Yonhap) -- Jeju Air Co., South Korea's leading budget carrier, said Sunday it has signed an initial pact with an Indonesian provincial government for a partnership to open a new ro... Corporate Newsroom 10:50 Sep. 18 -
#Hyundai E&C-Philippine orderHyundai E&C wins 1.9 tln-won railway deal in Philippines
SEOUL, Sept. 18 (Yonhap) -- Hyundai Engineering & Construction Co., South Korea's leading builder, said Sunday it has received a 1.9 trillion-won (US$1.4 billion) railway order in the Philippines. ... Corporate Newsroom 10:04 Sep. 18 -
#SamsungSamsung's Lee visits Britain for biz meetings, World Expo bid promotion related article
SEOUL, Sept. 16 (Yonhap) -- Samsung Electronics Vice Chairman Lee Jae-yong has arrived in Britain as part of an ongoing overseas tour for business meetings and to promote South Korea's bid to host ... Corporate Newsroom 16:14 Sep. 16 -
#car exports(LEAD) Auto exports jump 36 pct in August on popularity of eco-friendly cars
(ATTN: ADDS more details in paras 4-5, 10-15) SEOUL, Sept. 16 (Yonhap) -- South Korea's car exports jumped 35.9 percent on-year in August on brisk global demand for eco-friendly cars, data showed F... Corporate Newsroom 16:08 Sep. 16 -
#IRAS. Korea, U.S. to hold working-level talks on EV tax credits related article
SEOUL, Sept. 16 (Yonhap) -- South Korea and the United States will hold working-level talks Friday to discuss ways to minimize impacts the U.S.' Inflation Reduction Act (IRA) would have on South Ko... Corporate Newsroom 14:51 Sep. 16
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S. Korea to lift outdoor mask mandate starting next week -
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(3rd LD) USS Ronald Reagan in S. Korea for joint drills against N. Korean threats
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