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Reporter : Kim Hyun-bin
Mon, December 11, 2023 | 11:52
FKI vows to restore public trust, clean up image over past wrongdoings
The Federation of Korean Industries (FKI), which used to be the country's premier business lobby group, pledged to regain public trust and improve its reputation that was tarnished following a political corruption scandal.
FTC approves establishment of joint venture between LS and L&F
The Fair Trade Commission (FTC) has approved the establishment of a joint venture between LS, which produces the core material of secondary batteries and L&F. The joint venture is tentatively named LS L&F Battery Solution.
LX Holdings CEO joins Zero Disposable Challenge
LX Holdings announced that CEO Roh Jin-seo has joined the Zero Disposable Challenge, a nationwide environmental campaign started by the Ministry of Environment aiming to reduce the use of disposable products in daily life.
Renault Korea's XM3 brings joy to driving
Renault Korea's XM3 stands out in the domestic market boasting the most diverse engine options in its class paired with distinct transmissions. There are three different variations: CVT turbocharged, 7-speed dual-clutch and hybrid. Consumers can choose an XM3 from various powertrain types to suit their preferences.
Samsung, Google, Kakao game collaboration hits peak popularity
Samsung Electronics collaborated with Google and Kakao Games to release “Ares: Rise of Guardians,” which immediately rose to the top of Google Play Store's popularity chart and ranked second in terms of revenues following its launch.
Korean Air to weigh passengers on domestic, international flights
Korean Air will weigh passengers and their carry-on luggage when boarding domestic and international flights in compliance with aviation laws. The airline plans to apply a weight standard on passengers, including their carry-on baggage, with domestic passengers at Gimpo International Airport from Aug. 28 to Sept. 6, and international passengers at Incheon International Airpor...
KT Submarine starts fresh as LS Marine Solution
LS Cable & System announced that it has acquired a 24.3 percent stake (6,295,558 shares) in KT Submarine from KT for 44.9 billion won, securing a total 45.69 percent stake and becoming the largest shareholder, according to the company, Thursday. At the same time, KTS held a special shareholders' meeting the same day to approve agenda items related to changes in articles of in...
Porsche launches new Cayenne
Porsche Korea launched the new Cayenne in three trims, the Cayenne, Cayenne Coupe and Cayenne Turbo GT in Seoul, Thursday, which will be available for delivery to customers starting September.
Kia unveils all-new Sorento
Kia releases all-new Sorento. Courtesy of Kia Corp.
Hyundai Motor, SNU establish master's program to foster vehicle software experts
Hyundai Motor signed an agreement with Seoul National University (SNU) to establish the future automotive mobility department, according to the company, Wednesday. Hyundai announced that it will establish the department to foster talents specialized in the fields of vehicle software, electric vehicle (EV) control, and autonomous driving. The Future Automotive Mobility Departm...