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Tuesday, December 10, 2024

BUSINESS

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...

Asiana Airlines to increase international flight operations from May

Asiana Airlines is expanding its international flight operations this May, primarily focusing on routes to China and the United States. The flag carrier announced Wednesday...

Seoul shares open nearly flat on lingering U.S. debt ceiling concerns

Stocks started nearly unchanged Wednesday amid protracted U.S. debt-ceiling negotiations. The benchmark Kospi fell 0.11 points to 2,480.13 in the first 15 minutes of trading. On...

Meta to lure advertisers with new AI technology

Meta hopes to lure back advertisers with its latest artificial intelligence (AI) technology by helping them make the best Facebook and Instagram Reels to...

Instant noodle makers fill up on surging U.S. sales

The popularity of instant noodles in the U.S. drove an earning surprise in the first quarter this year in major food companies, including Nongshim. Nongshim’s U.S....