Korea’s military giant cooperating with Danish behemoth
Hanwha Defense, South Korea’s top-tier military company, has teamed up with Danfoss, a Danish multinational company that offers products in infrastructure, food supply, energy efficiency, and climate-friendly solutions.
Hanwha announced on January 14 that...
Korean military powerhouse competes in Australia in IFV project
Hanwha Defense said on Jan. 12 that the company’s fifth-generation infantry fighting vehicles (IFV), dubbed the "Redback," was launched in Australia before delivery for military tests there.
The Redback is competing to...
Korea's tech giant’s operating profit jumps 30% despite COVID-19
Throughout last year, so many corporations across the world struggled to find their feet because of the economic downturn spawned by the virus outbreak.
That is not the case for all companies,...
Korean automaker may benefit from collaboration with Apple
The share price of Hyundai Motor surged more than 19 percent on January 8, the highest daily gain of the South Korean automaker in its 53-year history.
Hyundai’s sister companies, including Kia Motors,...
Online retailer is expected to find new owner
It seems that eBay Korea has prepared for a sell-off as the U.S.-based online retailer is reportedly set to sell its Korean subsidiary in the not-so-distant future.
A source familiar with the issue...
Korean cosmetics company comes up with online chatting service in virus era
Able C&C, which operates the Missha brand, has recently come up with a beauty counseling service, dubbed “Beauty Talk,” to meet the customer needs amid the virus outbreak.
Through...
German company urged to give up Yogiyo ownership to purchase Baedal Minjok
Germany’s Delivery Hero won conditional approval on Dec. 28 to purchase Korea’s leading food delivery app, Baedal Minjok of Woowa Brothers, from Korea’s Fair Trade Commission.
Delivery Hero will...
Samsung heirs should take big tax burden
Samsung Electronics Vice Chairman Lee Jae-yong and other Samsung heirs have to pay more than $10 billion in the inheritance tax, according to the CXO Institute this week.
The Korean business tracker said that...
India-owned Korean automaker fails to pay debt
SsangYong Motor filed for court receivership early this week as the beleaguered company struggles to pay off its mounting debts. India’s Mahindra & Mahindra owns the Korean automaker.
Last week, the troubled carmaker could not pay $55...
Swedish furnish brand needs to listen to voices of unionists
The labor union of IKEA Korea held a press meeting on Dec. 17 at the retailer’s store south of Seoul to announce its plan to go on a four-day strike...
ADVERTISEMENTS
ADVERTISEMENTS
LATEST ARTICLES
Book Review: Incompleteness
How Godel’s theorem shaking stability of mathematical reasoning
The barber of Sevilla is “one who shaves all those, and those only, who do not shave...
ADVERTISEMENTS
