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BUSINESS

BUSINESS

Secondhand sensation: Major retailers ride rising popularity of refurbished goods

Once stigmatized as inferior to new products, refurbished items are now gaining popularity across all age groups in Korea, riding on a shift in...
BUSINESS

Behind the Mercedes explosion: The decision to tap a little-known Chinese battery maker

Mercedes-Benz's ties with an obscure Chinese battery maker came under heavy scrutiny in Korea over the revelation that its EV at the center of...
BUSINESS

Mercedes-Benz dealers in South Korea refuse used EQEs over EV explosion

With Mercedes-Benz EVs flooding Korea's used car market following an explosion of an EQE last month, Mercedes dealers are refusing to stock EVs in...
BUSINESS

South Korea’s nuclear energy corporation to invest $40 million in Bill Gates’ TerraPower

The board of Korea Hydro & Nuclear Power (KHNP) has conditionally approved the state-run company's decision to invest $40 million in TerraPower, a U.S....
BUSINESS

Chip packaging is tech’s new frontier — and Korea is lagging behind

Chip packaging — or the manufacturing of the casing that surrounds a semiconductor — has become a new battleground in the tech industry. While the...
BUSINESS

Mercedes-Benz sales nose-dive after EV explodes in parking lot

Mercedes-Benz suffered a steep EV sales slide in August hit hard by Koreans' growing reluctance to buy electric vehicles after a recent Mercedes EV...
BUSINESS

SK hynix to offer bring memory, faster data processing with upcoming HBM4

SK hynix, the world's second-largest memory chipmaker, is developing next-generation high bandwidth memory (HBM) to meet booming global demand for artificial intelligence and higher-performance...
BUSINESS

Westinghouse appeals to Czech Republic over Korea’s selection for $18B nuclear project

A U.S. nuclear energy firm has filed an appeal with the Czech Republic for picking a Korean company as the preferred bidder for a...
BUSINESS

300 Korean Air passengers stranded in London for 21 hours

Korean Air has come under criticism following the cancellation of a flight to Korea on Sunday that left over 300 passengers stranded in London...
BUSINESS

EV owners burn with anger over Seoul’s charging limit in wake of fire

In an attempt to quell mounting fears over EV safety, the Seoul Metropolitan Government came up with a guideline that added to public frustration:...
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