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Saturday, December 20, 2025

BUSINESS

SK Innovation raises 3.6 billion won to support its suppliers

SK Innovation raised 3.6 billion won ($2.9 million) to support its suppliers, the company said Tuesday. The mutual growth fund will be provided to 6,658...

LG Energy Solution, Honda Motor establish L-H Battery Company

LG Energy Solution and Honda Motor established L-H Battery Company, a battery-making joint venture, on Friday. The establishment came as the two companies announced in...

Korean Air to increase U.S. and Europe flights starting in March

Korean Air will increase the number of flights to the United States and Europe in March. The airline announced Wednesday that it will be flying at...

The Pinkfong Company appoints former Disney animation director to USA studio

The Pinkfong Company behind “Baby Shark” appointed former Disney animation director David Levy to Pinkfong USA’s head of the studio, the educational entertainment firm...

Hanwha Solutions making largest ever investment in U.S solar

Hanwha Solutions is investing 3.2 trillion won ($2.57 billion) in solar manufacturing in the United States through next year. It is the biggest solar investment...

Samsung Electronics to introduce new Galaxy S23 series on Feb. 1

Samsung Electronics will introduce its new Galaxy S23 series on Feb. 1 in San Francisco. Galaxy Unpacked will be a full-scale in-person event and will...

LG Energy Solution may replace SK On in Turkey battery venture

LG Energy Solution, a battery maker, may build a manufacturing plant in Turkey with Ford, according to a Bloomberg report Monday. The U.S. carmaker initially...

SM’s Lee Soo-man, K-pop’s Genghis Khan, ruminates on Web 3.0

SM Entertainment founder Lee Soo-man could be seen milling around the booths at CES 2023 in Las Vegas on Jan. 5, the opening day...

Hyundai Mobis, Qualcomm to develop controller for Level 3 autonomous vehicles

LAS VEGAS — Hyundai Mobis will work together with Qualcomm to develop a controller for Level 3 autonomous vehicles. Executives of the two companies are...

Samsung Electronics reports worst quarterly profit in 8 years

Samsung Electronics posted 4.3 trillion won ($3.3 billion) in operating profit in the fourth quarter of 2022, according to an earnings guidance released by...