Seoul to sell naming rights for 58 additional subway stations

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Holding firm transition on hold: Samsung Electronics

Samsung Electronics Vice Chairman Kwon Oh-hyun said Friday that it will be difficult to push for a transition into a holding company for now, delaying its decision on restructuring amid a corruption ...

Updated : 2017.03.24 15:38

Daewoo Shipbuilding to focus on specialty vessels, eyes turnaround in 2017

Daewoo Shipbuilding & Marine Engineering Co., South Korea's embattled shipbuilder, said Friday that its portfolio will be mostly made up of LNG carriers and other specialty vessels, with the company ...

Updated : 2017.03.24 15:01

Hyosung holds fabric development workshops in Greater China

Hyosung held its fabric development workshop known as Creora Workshop in China, Hong Kong and Taiwan, from March 6 to 17, the company said Friday. The 20 Asian client companies that Hyosung visited ...

Updated : 2017.03.24 14:05

Major shipyards vow to continue cost-cutting measures, boost profitability

South Korea's two major shipbuilders -- Hyundai Heavy Industries Co. and Samsung Heavy Industries Co. -- said Friday that they will strive to boost their profitability via increased orders and contin...

Updated : 2017.03.24 13:56

Daewoo Shipbuilding labor union says ready to share 'pain'

The labor union of embattled Daewoo Shipbuilding & Marine Engineering Co. said Friday that it is willing to accept a proposed pay cut for workers from the shipyard's creditors, proposing four-party t...

Updated : 2017.03.24 12:10

Limited editions of iPhone 7 to reach Korea

South Korean mobile carriers said Friday they will start selling the red iPhone 7 and iPhone 7 Plus line later this week, ahead of the planned release of a new flagship by Samsung Electronics Co., pr...

Updated : 2017.03.24 11:17

Samsung to completely disable Galaxy Note 7 battery charge

Samsung Electronics Co. said Friday it will completely disable the charging of the faulty Galaxy Note 7 phablets that have not yet been returned, starting later this month through software updates. ...

Updated : 2017.03.24 11:01

Korea's May holiday set to spark exodus

A large number of South Koreans are expected to make overseas trips during the country's "golden holidays" in early May, industry sources said Friday, sparking concerns over a big tourism deficit ami...

Updated : 2017.03.24 10:19

Hanhwa Q Cells to jack up solar cell, module output

Hanhwa Q Cells Co., a major solar panelmaker here, said Friday that it will raise its output of solar cells and solar modules to a combined 6.8 gigawatts this year, as part of efforts to meet growing...

Updated : 2017.03.24 10:16

Samsung Electronics joins Swiss watch exhibition

Samsung Electronics Co. said Friday it has opened up a booth at a watch exhibition currently underway in Switzerland, in line with its efforts to bolster its wearable business. The South Korean tech...

Updated : 2017.03.24 09:55

LG's smartphone turnaround hinges on G6

Sliding through a photo gallery of LG Electronics Inc.'s new G6 smartphone, Park Yong-ho, an employee in his 30s at a mobile-phone store in Seoul, shows off what he calls the most vivid images taken ...

Updated : 2017.03.24 09:52

Responsibility, transparency, social value top agendas at shareholder meetings

Listed firms are trying to appeal to their shareholders by showing responsibility and transparency at upcoming meetings, amid rising anti-business sentiment in the aftermath of a corruption scandal h...

Updated : 2017.03.23 17:59

Caffeine shampoo enters Korean market

Alpecin, a German shampoo brand that uses caffeine to reduce the effects of hair loss, has officially entered the Korean market. At a press conference Thursday, Alpecin Korea Business Development Ma...

Updated : 2017.03.23 17:53

Samsung BioLogics wins 2017 CMO Leadership Awards

South Korea’s Samsung BioLogics announced Thursday that it has received the 2017 CMO Leadership Awards presented by the Life Science Leader magazine for the third consecutive year. The company was...

Updated : 2017.03.23 17:17

Korea unveils W2.9tr additional rescue plan for DSME

South Korea’s finance regulator and state-owned creditors of the troubled Daewoo Shipbuilding & Marine Engineering unveiled Thursday an additional 2.9 trillion won ($2.6 billion) rescue plan that de...

Updated : 2017.03.23 17:01