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Tue, February 7, 2023 | 00:38

Global chip revenue up only 1.1% in 2022: report

Global chip revenue up only 1.1% in 2022: report

Global semiconductor revenue grew only around 1 percent on-year last year, a recent report showed Thursday, with the memory chip sector suffering the most.

2023-01-19 11:31

Korea attracts $300 mil. in investments from Danish wind turbine producer

Korea attracts $300 mil. in investments from Danish wind turbine producer

Korea has attracted a $300 million (371 billion won) investment from Vestas, a Danish wind turbine manufacturer, the industry ministry said Wednesday. The government also seeks to bring in a combined $500 million in investments from Merck Life Science and Novartis, two major Europe-based global health and biopharmaceutical players.

Lee Kyung-min | 2023-01-19 03:30

Korea vows to bolster energy cooperation with Poland, Czech Republic at Davos

Yoon encourages global businesses to invest in Korea

Yoon encourages global businesses to invest in Korea

DAVOS - President Yoon Suk Yeol asked the CEOs of leading global companies, including IBM, Qualcomm, Intel and Blackstone, to invest in Korea, Wednesday (local time). Yoon made the request during a luncheon with 15 CEOs of global companies and the heads of six major Korean businesses at a hotel in Davos, Switzerland, where they shared opinions on stable supply chains and the ...

Nam Hyun-woo | 2023-01-18 23:35

Yoon to urge world leaders to unite to fix supply chain, climate issues at Davos Forum

Korea vows to bolster energy cooperation with Poland, Czech Republic at Davos

Korea vows to bolster energy cooperation with Poland, Czech Republic at Davos

Minister of Trade, Industry and Energy Lee Chang-yang held a series of bilateral meetings with his Polish and Czech counterparts at the World Economic Forum, otherwise known as the Davos Forum, held in Switzerland from Monday through Friday (local time), the ministry said Wednesday.

Lee Kyung-min | 2023-01-18 23:30

Korea attracts $300 mil. in investments from Danish wind turbine producer

$Hyundai Doosan Infracore stops using 'Doosan' brand name$

Hyundai Doosan Infracore stops using 'Doosan' brand name

Hyundai Doosan Infracore (HDI) disclosed the new brand name, “Develon,” Wednesday, as it decided not to use the Doosan designation any longer for its construction equipment business. The decision was made one and a half years after HDI became a subsidiary of HD Hyundai, although the construction equipment manufacturer had planned to launch a new brand since it joined the ship...

Park Jae-hyuk | 2023-01-18 21:19

Hyundai, Kia's sales rise 4.2% in Europe last year

Hyundai, Kia's sales rise 4.2% in Europe last year

Hyundai Motor and its smaller affiliate Kia said Wednesday their combined sales in Europe rose 4.2 percent in 2022 from a year earlier amid a global chip shortage and the COVID-19 pandemic.

2023-01-18 17:27

Hyundai unveils new Kona compact SUV

Hyundai unveils new Kona compact SUV

Hyundai Motor introduced the latest model of its Kona subcompact SUV at Dongdaemun Design Plaza in Seoul, Tuesday. It is a fully changed second-generation model of the Kona series, which the carmaker originally launched in June 2017. “We want to present a higher standard of compact SUV with our all-new Kona, which has innovative marketability beyond the next level to change t...

Kim Jae-heun | 2023-01-18 16:49

SNU professor wins TJ Park Science Prize

SNU professor wins TJ Park Science Prize

POSCO TJ Park Foundation selected Park Je-geun, a professor at Seoul National University's Department of Physics & Astronomy and three more winners of the 2023 POSCO TJ Park Prize, during a board meeting on Wednesday. Park won the science award for establishing his own research field in the study of quantum information material synthesis.

Kim Jae-heun | 2023-01-18 16:49

Hyosung Chemical faces questions over profitability

Hyosung Chemical faces questions over profitability

Hyosung Chemical failed to attract institutional investors during Tuesday's demand forecasting for its A-rated corporate bond, which is collectively worth 120 billion won ($97 million), proving that investors still remain skeptical about the chemical product manufacturer's profitability.

Park Jae-hyuk | 2023-01-18 16:42

Samsung supports Busan's World Expo bid in Davos

Samsung supports Busan's World Expo bid in Davos

A train passes by a billboard designed by Samsung Electronics that has been put up on the wall of a building in Bahnhofstrasse, Davos, Switzerland, Monday (local time). The sign says Samsung promotes Korea's bid to host World Expo 2030 in Busan. Courtesy of Samsung Electronics

Lee Kyung-min | 2023-01-18 16:12

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