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Sunday, October 13, 2024

BUSINESS

Korea asks U.S. to reconsider slashing Korean chipmakers in China

Korea had called on the United States to reconsider its production restrictions on the Korean semiconductor plants in China, according to a U.S. public...

Nuri rocket liftoff delayed due to ‘communication glitch’ in launch system

GOHEUNG, South Jeolla — The third launch of Korea's homegrown Nuri rocket, which was scheduled for 6:24 p.m. Wednesday, was called off two hours...

SK bioscience introduces ‘glocalization’ project

SK bioscience introduced its “glocalization” project aimed at ensuring equitable access to vaccines, during the Regionalised Vaccine Manufacturing Collaborative (RVMC) in Switzerland, the pharmaceutical...

CJ CheilJedang to expand Schwan’s pizza plant in Kansas

CJ CheilJedang will expand its Schwan’s pizza plant in Kansas to 90,000 square meters (968,752 square feet) to ramp up its efforts to produce...

Samsung SDI, GM’s battery plant likely be built in Indiana

Samsung SDI and General Motors' joint battery plant will likely be built in St. Joseph County in Indiana. According to the St. Joseph County Office,...

Hyundai, Kia to compensate $200 million for #kiaboyz victims in U.S.

Hyundai Motor and Kia agreed to compensate up to $200 million to U.S. customers who suffered theft-related vehicle losses or damage not covered by...

U.S. Justice Department may sue to block Korean Air-Asiana deal

The U.S. Justice Department may sue to block Korean Air's proposed acquisition of Asiana Airlines over concerns about its impact on airline competition. The news...

Hyundai Motor brings back Pony Coupe

Hyundai Motor is bringing back to life its experimental Pony Coupe by recreating the old model that the carmaker says embodies the ethos of...

Samsung Display to acquire U.S. OLED microdisplay maker eMagin

Samsung Display will acquire eMagin, a U.S. organic light emitting diode (OLED) microdisplay maker, for $218 million. Founded in 2000, New York-based eMagin produces small-sized...

Samsung begins manufacturing high-performance DDR5 memory chip in industry first

Samsung Electronics began manufacturing a high-performance, low-power 16-gigabit Double Data Rate 5 (DDR5) memory chip, an industry first, using 12-nanometer class process technology, the...