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Fri, December 8, 2023 | 11:54

Kia's November sales rise 1.7 percent on overseas SUV demand

Kia's November sales rise 1.7 percent on overseas SUV demand

Kia, South Korea's second-largest automaker by sales, said Friday its November sales rose 1.7 percent from a year earlier thanks to increased overseas demand for its SUV models.

2023-12-01 19:33

Hyundai's November sales up 5 percent on strong demand for high-end models

Hyundai's November sales up 5 percent on strong demand for high-end models

Hyundai Motor, South Korea's biggest carmaker, said Friday its November sales rose 5 percent from a year earlier helped by strong demand for high-end models.

2023-12-01 19:29

KG Mobility's November sales tumble 37.6 percent on sluggish demand

KG Mobility's November sales tumble 37.6 percent on sluggish demand

KG Mobility, formerly known as SsangYong Motor, said Friday its November sales dropped 37.6 percent from a year earlier due to weakened demand.

2023-12-01 19:24

Hyundai chief pledges to support globalization of archery

Hyundai chief pledges to support globalization of archery

Hyundai Motor Group Executive Chair Chung Euisun has pledged to reinforce support for the globalization of archery by promoting international exchanges to train not just athletes, but trainers and referees on the sport, the company said Friday.

2023-12-01 16:42

DL, SPC chiefs apologize for worker deaths under poor labor conditions

DL, SPC chiefs apologize for worker deaths under poor labor conditions

The chairmen of DL and SPC groups vowed, Friday, to enhance safety measures to prevent fatal industrial accidents, apologizing for a series of worker deaths involving their companies.

2023-12-01 16:31

Feud deepens between Kakao executives over internal overhaul

Feud deepens between Kakao executives over internal overhaul

Kakao’s ongoing efforts to reform its management have developed into an internal conflict between executives, worsening public sentiment toward the IT firm, which is facing its biggest crisis since foundation, according to industry officials, Thursday.

2023-11-30 16:51

Nongshim supports beekeepers for stable honey supply

Nongshim supports beekeepers for stable honey supply

Nongshim has launched an initiative to help local beekeepers by planting trees that honeybees need in order to make honey, according to the major instant noodle and snack producer, Thursday.

2023-11-30 16:49

KITA hosts Korea Grand Sourcing Fair 2023

KITA hosts Korea Grand Sourcing Fair 2023

The Korea International Trade Association (KITA) hosted a two-day trade fair in Seoul to help boost the nation’s IT, bio and healthcare exports, the association said Thursday.

2023-11-30 16:27

KCC faces deteriorating finances as US unit Momentive struggles

KCC faces deteriorating finances as US unit Momentive struggles

KCC Corp. is a holding company of KCC Group, a conglomerate engaged in construction materials, flooring materials, silicone, glasses and construction businesses. In 2019, the company formed a consortium with a private equity firm and other partners and acquired Momentive for $3.1 billion.

2023-11-30 16:25

Will Hanwha Q Cells desert Korean market?

Will Hanwha Q Cells desert Korean market?

Hanwha Solutions Q Cells Division has decided to close one of its two solar module plants in Korea by Dec. 17, following its first-ever voluntary redundancy program to reduce manufacturing jobs here, the company said Thursday.

2023-11-30 16:11

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