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LG U+ to take hit from US restrictions on Huawei transactions 　 LG U+ is in a bind following US government measures restricting transactions with Huawei. The company relies on 5G mobile communications base stations and LTE equipment from the Chinese company. LG U+.. Fri, 24 May 2019 12:24:34 GMT
[Photo] Study finds S. Korea has only 8 unicorn companies Based on data from the US market research firm CB Insight’s analyzed by the Korea Economic Research Institute, South Korea has a mere total of eight unicorn companies. The US has 173, China 89, the UK.. Fri, 24 May 2019 12:18:01 GMT
Samsung inflated value of Cheil industries by presenting it as being involved in “new bio project” Samsung inflated the corporate value of Cheil Industries by around 3 trillion won (US$2.52 billion) ahead of a 2015 merger with Samsung C&T by presenting it as being involved in a “new bio project usi.. Thu, 23 May 2019 15:57:36 GMT
[Photo] Samsung still no. 1 in global TV industry, but Chinese competitors quickly gaining traction Samsung Electronics came out on top in the global TV market for the first quarter of 2019, but Chinese competitors like TCL are quickly closing the gap. For the first time, TCL beat Samsung for the to.. Thu, 23 May 2019 15:39:53 GMT
S. Korean companies see mixed fortunes after US sanctions against Huawei South Korean companies are enjoying mixed fortunes in the wake of the US government’s sanctions against the Chinese company Huawei. The ripple effects were visible in the South Korean stock market.. Wed, 22 May 2019 17:02:19 GMT
Nuclear reactor kept running for 12 hours after it should have been shut down According to South Korea’s nuclear power regulator, a nuclear reactor whose thermal output exceeded safety limits was kept running for nearly 12 hours when it should have been shut down manually at on.. Tue, 21 May 2019 17:09:06 GMT
[Photo] Seoul real estate prices continue to skyrocket despite government measures Nearly 50% percent of Seoul apartments cost over 90 million won (US$753,655), according to data compiled by the real estate app Zigbang. The data revealed that 48.8% of private housing in Seoul now ex.. Tue, 21 May 2019 16:54:34 GMT
[Photo] LG Electronics vows to cut carbon emissions in half by 2030 LG Electronics has announced its plan to cut carbon emissions from its production facilities in half by the year 2030. The South Korean electronics giant plans on achieving this through more efficient.. Tue, 21 May 2019 16:51:04 GMT
Full-scale generational succession in place for S. Korea’s chaebol heads A full-scale generational succession is taking place among the leaders of South Korea’s chaebol groups. New “same persons” (chaebol heads) have been named at LG, Hanjin, and Doosan, following similar .. Sun, 19 May 2019 19:02:57 GMT
S. Korean batteries companies expanding global production capacity South Korean companies are racking up investment and orders in the global battery market, which is expected to experience rapid growth amid an increase in electric vehicles. SK Innovation and LG Chem,.. Sat, 18 May 2019 15:12:00 GMT
Hana Financial wins arbitration dispute with US private equity fund Hana Financial Holdings won a resounding victory in international arbitration on a claim from the US private equity fund Lone Star, which demanded over 1 trillion won (US$840.47 million) in damages fo.. Thu, 16 May 2019 15:43:56 GMT
Escalating US-China trade war harms Korean, Japanese, Taiwanese smartphone parts suppliers The announcement by the Office of the US Trade Representative (USTR) on May 13 that it’s moving to impose up to 25% in tariffs on nearly all Chinese products, including smartphones and laptop computer.. Thu, 16 May 2019 15:25:46 GMT
[Photo] Samsung’s Galaxy Fold may hit US shelves next month Samsung Electronics announced on May 15 that it is conducting network connectivity tests with South Korean telecommunications firms for its Galaxy Fold. The official US launch of the Galaxy Fold was d.. Thu, 16 May 2019 15:17:50 GMT
[Photo] Fiat Chrysler banned from selling Jeep Renegade and Fiat 500X for emissions fraud The South Korean government has forbidden Fiat Chrysler Automobiles from selling its Jeep Renegade and Fiat 500X models in the South Korean market due to emissions fraud. The Ministry of Environment h.. Wed, 15 May 2019 17:44:10 GMT
Wages at SMEs with unions 30-40% higher than those without The wage gap between large corporations with and without labor unions is relatively small, while wages at small and medium enterprises (SMEs) without unions are 30-40% lower than at those with unions,.. Sun, 12 May 2019 16:59:49 GMT

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