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Mon, January 30, 2023 | 11:14
Gov't to shorten visa procedures for foreign shipbuilding workers
Gov't to shorten visa procedures for foreign shipbuilding workers
The government plans to shorten drastically the visa administrative procedures for foreign workers employed by domestic shipbuilders from the current four months to one month as the shipbuilding industry grapples with chronic workforce shortages, officials said Friday. The move comes as the government looks to resolve the labor shortage in the domestic shipbuilding industry. ...
Kim Hyun-bin | 2023-01-06 17:05
Chipmakers enter downturn amid recession worries
Chipmakers enter downturn amid recession worries
Samsung Electronics and other semiconductor makers are expected to face greater difficulties going forward as demand for memory and other chips continues to decline amid a deepening economic downturn, according to company officials and analysts, Friday. “The outlook for the semiconductor industry does not look very bright for 2023. Even foundry demand, which was good last yea...
Kim Hyun-bin | 2023-01-06 17:00
LG Electronics' Q4 operating profit down 91.2% to 65.5 bil. won
LG Electronics' Q4 operating profit down 91.2% to 65.5 bil. won
LG Electronics Inc. on Friday estimated its fourth-quarter operating earnings at 65.5 billion won ($51.6 million), down 91.2 percent from a year earlier.
2023-01-06 16:22
  • Samsung Electronics Q4 operating profit down 69% on lower demand
SK chief cancels attendance at CES after secretary likely has COVID-19
SK chief cancels attendance at CES after secretary likely has COVID-19
SK Group Chairman Chey Tae-won will not be attending the Consumer Electronics Show (CES)2023 in person after one of the secretaries accompanying him on the trip showed suspected COVID-19 symptoms, the company said Thursday.
2023-01-06 15:25
Hyundai Mobis unveils roadmap to be mobility platform provider at CES
Hyundai Mobis unveils roadmap to be mobility platform provider at CES
LAS VEGAS ― Hyundai Mobis unveiled its “New Mobis” vision at the 2023 Consumer Electronics Show (CES) in Las Vegas, Thursday (local time), declaring a leap forward as a mobility company, which provides an integrated platform centered on software.
Park Jae-hyuk | 2023-01-06 13:52
Senior US State Department official to visit Seoul to discuss supply chain, IRA issue: sources
Senior US State Department official to visit Seoul to discuss supply chain, IRA issue: sources
Jose Fernandez, the U.S. under secretary of state for economic growth, energy and the environment, will visit Korea next week for consultations on a range of bilateral economic issues, the State Department said Friday (Korean time).
2023-01-06 11:22
Hyundai Mobis to develop self-driving controller using Qualcomm chips
Hyundai Mobis to develop self-driving controller using Qualcomm chips
Hyundai Mobis, a major Korean auto components maker, said Thursday it has joined hands with Qualcomm Technologies to develop a Level 3 self-driving controller using the U.S. chipmaker's chips, as it seeks to bolster the mobility segment.
2023-01-06 10:25
Naver completes acquisition of Poshmark for $1.2 bil.
Naver completes acquisition of Poshmark for $1.2 bil.
South Korean internet portal giant Naver said Friday it has completed the acquisition of Poshmark, a U.S. social commerce marketplace for fashion.
2023-01-06 09:37
Samsung Electronics Q4 operating profit down 69% on lower demand
Samsung Electronics Q4 operating profit down 69% on lower demand
Samsung Electronics said Friday its fourth-quarter operating profit plunged 69 percent from a year earlier due to lower demand for chips, handsets and home appliances amid recession worries.
2023-01-06 09:15
  • LG Electronics' Q4 operating profit down 91.2% to 65.5 bil. won
US solid-state battery developer names SK's plant as possible site for mass production of its cells
US solid-state battery developer names SK's plant as possible site for mass production of its cells
The U.S.-based battery plant run by Korea's SK On is a possible site that can be considered for the mass production of all-solid-state batteries once they are ready for vehicle use, a U.S. battery developer said Thursday.
2023-01-06 09:08
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Top 10 Stories
1Suicidal pedestrian saved over Han River bridge Suicidal pedestrian saved over Han River bridge
2Korea to lift indoor mask mandate Monday Korea to lift indoor mask mandate Monday
3[INTERVIEW] Busan has potential to be world-class city, says mayor INTERVIEWBusan has potential to be world-class city, says mayor
4Youth, foreign drug offenders increase threefold in 5 years Youth, foreign drug offenders increase threefold in 5 years
5Samsung to introduce low-carbon diet for employees to help tackle climate change Samsung to introduce low-carbon diet for employees to help tackle climate change
6Seoul International School celebrates 50th anniversary Seoul International School celebrates 50th anniversary
7Plum trees, pheasants and promises of old Korea Plum trees, pheasants and promises of old Korea
8Main opposition leader faces pressure to resign in case of indictment Main opposition leader faces pressure to resign in case of indictment
9Bank operating hours return to normal amid union opposition Bank operating hours return to normal amid union opposition
10Samsung begins 9th software developer training school Samsung begins 9th software developer training school
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