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Tuesday, April 23, 2024

BUSINESS

Hyundai Motor throws cash at six Korean footballers for contribution at World Cup

Hyundai Motor granted six football players 240 million won ($187,000) for their contribution to making Korea advance to the round of 16 in the...

U.S. EV subsidy rule delay may buy time for Korean carmakers

Battery component rules for U.S. electric vehicle subsidies have been delayed, meaning that more Korean vehicles could qualify. The rules will be issued in March. Battery...

A Korean SpaceX set to launch suborbital test rocket in Brazil

Korea's private-sector space business is about to take off, literally. Innospace, a local space start-up, is scheduled to launch a technology demonstration rocket at 6...

Girl groups get the ears, boy bands the dollars

Girl groups listened to the most but boy bands sold more albums, end-of-the-year data from K-pop market tracker Circle Chart revealed Friday. Starting with sales,...

McDonald’s Korea drive-throughs to soon accept Hi-pass automatic payments

McDonald's drive-through customers in Korea will soon be able to pay for their meals automatically using the highway toll collection Hi-pass system, the fast...

Samsung Electronics $4.8 billion Texas tax break approved

Samsung Electronics has received approval for $4.8 billion of tax breaks in Texas for planned and proposed semiconductor plants. The property tax abatement was passed...

Asia-Pacific gaming market to be largest in world by 2027

The Asia-Pacific region will be the largest gaming market by 2027, led by China, Japan, Korea, and India, Sami Kizilbash, Google’s global head of...

KartRider PC game to be shut by Nexon in surprise move

An image of KartRider, online racing game by Nexon Nexon will shut down its KartRider online PC racing game after 18 years of service,...

After two-year delay, LG PuriCare Wearable Air Purifier released locally

While Korea is mulling lifting the indoor mask mandate, an electronic face mask was released in the country after a long delay due to...

SK On-Ford battery joint venture breaks ground in Kentucky

BlueOval SK, a joint venture between SK On and Ford Motor Company, broke ground on two electric vehicle (EV) battery plants in Kentucky on...