KoreaTimes - Companies

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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

Tue, May 30, 2023 | 13:17

Major semiconductor equipment companies rush to build plants in Korea

Major semiconductor equipment companies rush to build plants in Korea

Global semiconductor equipment companies are rushing to build plants, and research and development facilities in Korea in order to reduce China risk while strengthening partnerships with Samsung Electronics and SK Hynix,...

2023-05-25 16:50

Companies showcase latest green technologies at WCE

Companies showcase latest green technologies at WCE

Samsung, SK, Hyundai Motor, LG and other major conglomerates here are displaying their innovative eco-friendly technologies aiming to make a more sustainable future at the World Climate Industry Expo (WCE) currently being held at Busan's BEXCO convention center, the companies said Thursday.

2023-05-25 16:50

Business leaders discuss joint climate action

Nuclear energy drives green transition: experts

Nuclear energy drives green transition: experts

Russia's invasion of Ukraine sent ripple effects throughout the energy market, pushing up energy prices over the past few years. But at the same time the clean energy transition has become “turbocharged,” with nuclear energy making a strong comeback as a green energy source, according to Dr. Fatih Birol, Executive Director of the International Energy Agency (IEA), Thursday.

2023-05-25 16:34

Business leaders discuss joint climate action

Business leaders discuss joint climate action

Business leaders discuss joint climate action

Business executives and government officials from around the world discussed ways to advance carbon neutrality at a roundtable session at the World Climate Industry Expo (WCE) held from May 25 to 27 in Busan. They discussed best practices and agreed to bolster international cooperation.

2023-05-25 16:34

Nuclear energy drives green transition: experts

Major Korean companies awarded for ESG efforts

Major Korean companies awarded for ESG efforts

The Korea Times held an event to honor companies leading in environment, social and corporate governance (ESG) efforts during an award ceremony hosted jointly by its sister paper, The Hankook Ilbo, and Statista, a German market research firm, at the Korea Press Center in Seoul, Thursday.Over 30 representatives from Korean companies, including SK hynix, Samsung SDI, LX Hausys ...

2023-05-25 16:13

POSCO International to boost steel trade, energy business in Australia, Southeast Asia

POSCO International to boost steel trade, energy business in Australia, Southeast Asia

POSCO International has decided to expand its steel trading and energy businesses in Southeast Asia and Australia to help boost Korea's faltering outbound shipments, company officials said Thursday.

2023-05-25 16:11

Hyundai Motor chief speaks to young Koreans

Hyundai Motor chief speaks to young Koreans

Hyundai Motor Group Chairman Chung Euisun, center, speaks to an audience of young people during an event in Seoul hosted by the Federation of Korean Industries (FKI), Thursday. From left are SOCAR CEO Park Jae-wook, Chung, and celebrity turned-CEO Noh Hong-chul. Courtesy of FKI

2023-05-25 16:01

Biz leaders, gov't officials discuss carbon neutrality at climate expo

Biz leaders, gov't officials discuss carbon neutrality at climate expo

Top executives of major South Korean and global tech and energy companies, including Google Inc. and RWE A.G., gathered Thursday to discuss ways and their roles to advance carbon neutrality goals, a business association said.

2023-05-25 14:19

AmorePacific, LG H&H struggle to lessen reliance on China

AmorePacific, LG H&H struggle to lessen reliance on China

The country's top two cosmetics firms ― AmorePacific and LG Household & Health Care (LG H&H) ― are struggling to reduce their reliance on China as their sales in other regions including North America are not enough to offset falling sales in the world's second-largest economy, according to company officials Wednesday.

2023-05-25 08:26

SK On raises $944 mil. in pre-IPO funding

SK On raises $944 mil. in pre-IPO funding

Korean battery maker SK On Co. has secured $944 million from investors in a round of funding in preparation for an initial public offering (IPO), its parent company said Wednesday. The board of SK Innovation Co. approved the equity investment agreement it and SK On signed with a consortium of financial investors, led by private equity fund MBK Partners, under which the batter...

2023-05-24 21:07

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