Industries

Int'l Air Passenger Traffic In South Korea Grows 12.1 Percent In January

International air passenger traffic in South Korea increased 12.1 percent in January from the previous year, boosted by a sharp rise in passengers to and from Japan as well as other Asian nations, according to a government report.

February 25, 2017 at 7:09 am

Korea’s New SRT Train Provides Convenient Travel To Passengers

Korea's new SRT bullet train has been running smoothly thus giving convenient travel to passengers connecting southern Seoul with Gwangju and Busan.

February 25, 2017 at 7:03 am

LG Electronics Launches New Razor-Thin TV

LG Electronics just launched last Thursday new TV lineup that consists of a razor-thin organic light-emitting diode or as well as most updated liquid crystal display.

February 25, 2017 at 7:07 am

Daewoo Shipbuilding Fined 4.5 Billion Won For Accounting Fraud

South Korea's top financial regulator slapped Daewoo Shipbuilding & Marine Engineering with 4.5 billion won in fines Friday due to a massive accounting fraud, marking the second biggest fine levied on a single company by the government agency.

February 25, 2017 at 7:03 am

Malaysia Becomes The 11th Country To Use Samsung Pay

South Korean tech giant Samsung Electronics Co. announced Friday it has launched Samsung Pay in Malaysia, adding another key international market for its flagship mobile payment system.

February 25, 2017 at 1:22 am

Hyundai, Kia To Unveil Eco-Friendly Cars At Geneva Motor Show In March

South Korean carmakers Hyundai Motor Co. and its affiliate Kia Motors Corp. will be among those who will showcase their new line of eco-friendly cars in March at the Geneva International Motor Show, as they try to expand their presence in the European auto market.

February 24, 2017 at 10:45 am

Samsung Leadership Crisis Continues: Who Will Lead the Company?

Two of Samsung's senior executives offer to resign from the company deepens the company's leadership crisis. Meanwhile, news that Lee Boo-jin might take over has been discounted.

February 24, 2017 at 9:17 am

LG X Power 2 News: 5.5-Inch Device Boasts 2-Day Battery Life

LG claims that the X Power 2 can run for an entire weekend without charging. The device is expected to launch in March.

February 24, 2017 at 7:26 am

LG Display Keeps Lead In Global LCD TV Shipments In January

LG Display Co. maintained its top spot last month in global shipments of liquid crystal displays for TVs, according to industry tracker WitsView.

February 24, 2017 at 6:40 am

Mercedes Benz Korea To Recall 280 Vehicles Due To Takata Airbags

Mercedes-Benz Korea will recall around 280 vehicles that were sold in South Korea due to concerns about a defective airbag that also affected other car brands globally, according to the transportation ministry.

February 24, 2017 at 4:41 am

HSBC Korea Appoints New President And CEO

HSBC Korea just appointed Jung Eun-young as its new and first Korean president and CEO who was the former head of HSBC Korea’s global banking division.

February 23, 2017 at 9:09 am

Tesla Model 3 Production Good To Go In July

Tesla revealed that production for the Model 3 sedan is ready to commence in July and will go full steam by September.

February 23, 2017 at 7:33 am

Apple Park All Set To Open In April

Apple's new headquarters, the Apple Park, boasts of a massive ring-shaped main building, miles of pathways and more than 9,000 trees.

February 23, 2017 at 7:32 am

Hyundai Heavy Unionized Workers Staged First All-Out Strike In 23 Years

The collapse of wage negotiations and the planned split of the company's non-shipbuilding business prompted Hyundai Heavy Industries Co.'s labor union leaders to declare an all-out strike.

February 22, 2017 at 6:04 am

Korean Exports Of Makeup Products Grew 10 Times Over Last 7 Years

South Korean exports of makeup products increased 10-fold over a seven-year period, according to official data released Wednesday, as demand in the Chinese and other Asian markets soared due to the Korean Wave or Hallyu.

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