Archive by category Business

Volvo Trucks Korea launches semi-large trucks, completes product portfolio
Volvo Trucks Korea launches semi-large trucks, completes product portfolio

PYEONGTAEK, Gyeonggi Province– Volvo Trucks Korea, the No. 1 commercial vehicle importer by sales, rolled out two models of the FE cargo series seeking …

[Monitor] LG Electronics operating profit jumps 20 percent
[Monitor] LG Electronics operating profit jumps 20 percent

LG Electronics posted an operating profit of 1.1 trillion won ($1.03 billion) in the first quarter, a 20 percent increase from last year, the company said …

AI experts call off boycott of KAIST over alleged development of 쁪iller robots
AI experts call off boycott of KAIST over alleged development of 쁪iller robots

Artificial intelligence experts from around the world have called off their plans to boycott South Korea셲 top science and technology research university …

Korea’s Transport Ministry takes issue with Kakao Taxi셲 proposed pricing scheme
Korea’s Transport Ministry takes issue with Kakao Taxi셲 proposed pricing scheme

South Korea셲 Transport Ministry said Friday that Kakao Taxi, the country셲 most-used taxi-hailing app, must follow local regulations in introducing a new …

Samsung Electronics operating profit hits record-high in Q1
Samsung Electronics operating profit hits record-high in Q1

Samsung Electronics Co. said Friday its first-quarter operating profit is presumed to have set another record by rising 50.55 percent from the previous year. …

Korea Language Village receives $5m donation
Korea Language Village receives $5m donation

Luxury handbag manufacturer Simone Corp. donated $5 million to begin constructing a larger, culturally authentic Korean language village in the US. The company …

Korea셲 KAIST rebuts global boycott over alleged contribution to development of 쁪iller robots
Korea셲 KAIST rebuts global boycott over alleged contribution to development of 쁪iller robots

KAIST, South Korea셲 top science and technology university, on Thursday rebutted claims that it was contributing to the development of artificial …

Samsung sues government over disclosure of reports on working conditions in chip fabs
Samsung sues government over disclosure of reports on working conditions in chip fabs

Samsung Electronics has filed an administrative lawsuit against the Ministry of Employment and Labor to stop it from disclosing reports of working conditions …

Cryptojacking attacks rise amid cryptocurrency market boom: Symantec
Cryptojacking attacks rise amid cryptocurrency market boom: Symantec

As the cryptocurrency boom continues to sweep the world, hacking activities aimed at mining cryptocurrencies have emerged as the top internet security threat …

Elliott Advisors call for detailed roadmap of Hyundai
Elliott Advisors call for detailed roadmap of Hyundai

Elliott Advisors, a unit of US activist hedge fund Elliott Management, said Wednesday it holds more than a $1 billion stake in Hyundai Motor Group and urged …

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