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Tue, September 26, 2023 | 03:49

Regulator fines Pokemon Korea over Lucky Boxes lacking sufficient information

Regulator fines Pokemon Korea over Lucky Boxes lacking sufficient information

Korea's antitrust regulator said Tuesday it has decided to slap a fine of 1 million won ($753) on Pokemon Korea for failing to display necessary information when selling its random boxes of toys.

2023-09-12 14:02

Kumho Tire workers threaten to strike, urge Doublestar to update local factories

Kumho Tire workers threaten to strike, urge Doublestar to update local factories

Kumho Tire is at risk of an all-out strike by its workers, as China's Doublestar, which acquired the Korean tire manufacturer in 2018, has not fulfilled its earlier pledge to make equipment investments in Kumho's two outdated factories here, according to industry officials, Monday.

Lee Min-hyung | 2023-09-12 08:26

Hyundai workers warn of partial strike for higher wages

Hyundai workers warn of partial strike for higher wages

Hyundai Motor said Monday its unionized workers have warned of a partial strike this week to demand higher wages after signing wage deals in the past four years without industrial actions, the company said Monday.

2023-09-11 17:49

LG promotes 2030 Busan Expo in Paris

LG promotes 2030 Busan Expo in Paris

A digital sign, set up by LG Group at Paris Charles de Gaulle Airport, promotes Busan's bid to host World Expo 2030. LG has been engaging in promotional activities in global cities such as New York, London and Paris. Courtesy of LG Group

Lee Min-hyung | 2023-09-11 16:53

Samsung, Doosan, Hanwha intensify robotics rivalry

Samsung, Doosan, Hanwha intensify robotics rivalry

Korea's major conglomerates are moving to tap deeper into the robotics industry as demand for collaborative robots is soaring amid rising labor costs, according to industry officials, Monday.

Lee Min-hyung | 2023-09-11 16:53

Hanwha cuts domestic solar module production, expands in US

Hanwha cuts domestic solar module production, expands in US

Diminishing demand for solar power generation in Korea has prompted Hanwha to downsize domestic production of solar modules and accelerate its expansion in the profitable U.S. market, according to industry officials, Monday.

Park Jae-hyuk | 2023-09-11 16:29

Korean battery makers threatened by rapid growth of Chinese rivals

Korean battery makers threatened by rapid growth of Chinese rivals

Concerns are growing that Korean battery makers could lose their dominance over Chinese competitors in the global market excluding China, as more electric vehicle (EV) manufacturers prefer to use inexpensive lithium iron phosphate (LFP) batteries instead of ternary batteries, according to industry officials, Monday.

Park Jae-hyuk | 2023-09-11 16:20

Pulmuone runs local food industry's first hydrogen truck

Pulmuone runs local food industry's first hydrogen truck

Pulmuone has deployed the local industry's first hydrogen truck to reduce the company's emissions and contribute to the country's carbon neutralization goal, the food company said Monday.

Ko Dong-hwan | 2023-09-11 15:46

Hyundai E&C inks partnership deal with energy IT startup

Hyundai E&C inks partnership deal with energy IT startup

Hyundai Engineering & Construction (Hyundai E&C) said Monday it has signed a partnership deal with a local energy IT startup via an equity investment in an effort to break into the power brokerage business.

2023-09-11 14:10

Hyundai Motor's vehicle sales in Russia come to standstill

Hyundai Motor's vehicle sales in Russia come to standstill

Hyundai Motor saw its sales plunge to an all-time low in Russia last month, according to the Association of European Business (AEB), Sunday. The association said Hyundai Motor sold only six vehicles in August, which accounts for 0.01 percent of the Russian market share, down 99.9 percent from 2,982 cars a year earlier.

Ko Dong-hwan | 2023-09-11 08:28

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