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Sat, September 23, 2023 | 20:12

Asiana Airlines wins customer satisfaction award

Asiana Airlines wins customer satisfaction award

Asiana Airlines CEO Won Yu-seok, second from left, poses with Korea Management Association Consultants President and CEO Han Soo-Hee, third from left, at The Shilla Seoul hotel, Thursday, after the airline won the Korean Customer Satisfaction Index Award 2023's flight category. The recognition was based on the airline's expansion of international routes following the end of t...

2023-09-21 16:10

Kia's compact Ray EV

Kia's compact Ray EV

Kia's entry-level Ray EV will become available to customers on Thursday. The compact EV features a 35.2-kilowatt-hour battery pack. According to the carmaker, the vehicle can travel up to 233 kilometers on a single charge. Courtesy of Kia

2023-09-21 15:45

KG Mobility seeks breakthrough in Europe

KG Mobility seeks breakthrough in Europe

KG Mobility looks set to remain in the black with a renewed export-driven growth strategy and expand sales in Europe by diversifying it lineup of price-competitive electric vehicles (EV), KG Group and KG Mobility Chairman Kwak Jae-sun said Thursday.

2023-09-21 15:25

Broadcom fined $14.3 mil. for unfair biz practices against Samsung

Broadcom fined $14.3 mil. for unfair biz practices against Samsung

Korea's antitrust regulator said Thursday it has decided to slap a 19.1 billion-won ($14.3 million) fine on U.S. chipmaker Broadcom, for its unfair business practices against Samsung Electronics.

2023-09-21 15:24

European biz lobby calls for flexibility in Korea's EV battery, plastic waste regulations

European biz lobby calls for flexibility in Korea's EV battery, plastic waste regulations

The European Chamber of Commerce in Korea (ECCK) on Thursday called for Korea to consider allowing greater flexibility in adopting regulations for electric vehicle (EV) batteries, plastic recycling and other major industries, to help further promote the trade between Seoul and the economic bloc.

2023-09-21 10:40

Hyundai to speed up construction of US EV plant for tax credits

Hyundai to speed up construction of US EV plant for tax credits

Hyundai Motor Group said Wednesday it will speed up the construction of its electric vehicle (EV) and battery plant in the United States to benefit from tax credits for locally produced EVs.

2023-09-20 20:53

Korea urged to adopt China exit strategy amid hegemonic war

Korea urged to adopt China exit strategy amid hegemonic war

Korean companies are on track to reduce reliance on China and increase investment in other Asian markets, in attempts to minimize potential losses from the escalating hegemonic struggle between the U.S. and the world's second-largest economy.

Lee Min-hyung | 2023-09-20 16:42

Hyundai Motor clinches ties with Georgia Institute of Technology for future mobility

Hyundai Motor clinches ties with Georgia Institute of Technology for future mobility

Hyundai Motor Group has clinched a partnership with Georgia Institute of Technology for joint research in future mobility areas encompassing batteries and hydrogen economy, the Korean automaker said Wednesday.

Lee Min-hyung | 2023-09-20 16:12

KG Mobility launches Torres EVX

KG Mobility launches Torres EVX

This photo provided by KG Mobility shows its new mid-sized electric SUV, Torres EVX. The vehicle is priced competitively as customers can purchase it at less than 40 million won ($30,000) after receiving a subsidy. Courtesy of KG Mobility

Lee Min-hyung | 2023-09-20 16:12

SK pharmteco acquires CBM in pivot to global genetic medicine market

SK pharmteco acquires CBM in pivot to global genetic medicine market

SK pharmteco's acquisition of American genetic medicine developer CBM has given the Korean firm an advantage in the principal genetic medicine markets in the U.S. and Europe, according to SK Group.

Ko Dong-hwan | 2023-09-20 14:46

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