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Sun, November 28, 2021 | 05:22
Hyundai Motor to test-operate Level 4 self-driving service in Seoul
Hyundai Motor will test-operate its self-driving service, “RoboRide,” as a pilot program in a district for self-driving cars located in downtown Seoul, starting from the first half of 2022, the carmaker said Thursday.
Samsung set to compete against TSMC with new foundry in US
Samsung Electronics is looking to speed up its move to become the world's leading semiconductor company in system semiconductors by 2030, alongside its lead in the memory chip business. The Korean tech giant has finalized the location of its new semiconductor fabrication plant, or foundry, in the U.S., announcing Wednesday it will invest $17 billion in the facility in Taylor,...
Conglomerates to ask CEOs to promote resilience for future
With the season for annual executive reshuffle of major conglomerates approaching, eyes are on how Samsung, SK, LG and other conglomerates will restructure their organizations at a time when they are facing unresolved uncertainties after the virus outbreak.
LG seeks changes through executive reshuffles
Management reshuffle season has arrived at Korea's major business conglomerates, with LG Group expected to be the first to announce new executive appointments this week.
Samsung to announce new chip plant site in US this week
Samsung Electronics is set to announce the site for its new semiconductor manufacturing plant in the United States this week, according to industry sources, Sunday. The company is expected to unveil details of its $17 billion investment project when Vice Chairman Lee Jae-yong, currently visiting the U.S., returns home around Nov. 23 or 24. According to the global tech giant, ...
Hyundai seeks rebound in China with electric cars
Hyundai Motor Group is seeking to bounce back from its decreased sales volumes in China, one of the world's largest car markets, by introducing new, especially eco-friendly, models - electric vehicles (EVs) and hybrid cars.
[ANALYSIS] Rising labor cost forcing Samsung to rethink mobile strategy
Samsung Electronics is reportedly planning to diversify its smartphone production base, which is currently concentrated in Vietnam, to other countries such as India and Indonesia, in an effort to minimize risks on concentrating production in one place, as well as rising labor costs.
Naver appoints new CEO for global expansion
A few weeks after Naver founder Lee Hae-jin committed himself to overhaul the rigid organizational culture of the country's internet behemoth, the company has named two young in-house executives to be its new leaders.
Samsung Electronics pursuing agility over hierarchy
Samsung Electronics is working on changing its human resource (HR) management system for the first time in five years aiming to create a more flexible and horizontal organizational culture, the company said Wednesday.
Merck honors researchers for advancing electronics technology
WooKyu Kim, center, managing director of Merck Korea, poses at the firm's headquarters in Seoul, Nov. 16, with Park Jin-seong, left, a professor at Hanyang University, and Park Tae-joo, a professor at ERICA Hanyang University, after awarding them the Merck Special Award. Merck Korea said Wednesday that the two professors won the awards for improving atomic layer deposition (A...
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