Korean automaker beats Samsung Electronics
South Korea’s leading automaker Hyundai Motor announced on April 25 that it had racked up a record quarterly profit during the first three months of this year.
The Seoul-based company logged $ 28.2 billion in first-quarter...
Korean biotech giant expected to keep profitable
South Korean biotechnological company Samsung Biologics announced on April 24 that it had chalked up a record profit during the first quarter of this year.
The company’s sales amounted to $440 million during the...
Diageo Korea sings MOU with British Embassy in Seoul
Diageo Korea announced on April 20 that it had signed a memorandum of understanding (MOU) with the British Embassy in Seoul to keep sponsoring the Chevening Scholarships.
Funded by the government and...
Conflicts continue between Korean spirit maker and Danish beer brand
South Korean whiskey company GoldenBlue asked for 10 billion won ($76 million) compensation from Carlsberg after the termination of distributing contracts, according to a source familiar with the issue on...
Mobile operator will join hands with Sinclair Broadcast Group
South Korea’s SK Telecom announced on April 18 that it would enter the U.S. broadcast market by offering a next-generation solution to U.S. media group Sinclair Broadcast Group.
The solution is built...
SPC following suit of Korean Air
South Korea’s food and bakery company SPC Group announced on April 14 that it had teamed up with the New York government to help minority groups in the U.S. city.
Toward that end, the Seoul-based...
Two organizations will cooperate for hydrogen, digital businesses
South Korea’s H2Korea announced on April 11 that it had signed a memorandum of understanding (MOU) with the Korea Electronics Association (KEA).
Under the agreement, the two outfits plan to cooperate in such...
Korean automaker strives to join global top 3 in EV
South Korean automaker Hyundai Motor announced on April 11 that it would invest $18 billion in electric vehicles by 2030 to join the top three list in the world.
The company...
Automaker chalks up solid performances in 2022
General Motors announced on April 7 that the U.S. automaker turned a profit in South Korea last year after accumulating big losses for the past nine years.
GM Korea said that it had chalked...
Korea’s leading flag carrier returning to Zurich, Prague
Beginning this Spring, Korean Air will resume flights to four major European cities for the first time after the virus pandemic took the world by surprise three years ago.
Included in the cities...
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Mirae Asset Securities joining forces with Hana Financial
Two corporations will cooperate in security token business
South Korea’s foremost brokerage house Mirae Asset Securities announced on June 1 that it would join hands...
