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Reporter : Kim Hyun-bin
Sun, October 24, 2021 | 09:01
Top firms start to ease in-house social distancing measures
Major conglomerates are preparing for a phased return to normal with the government's “Living With COVID-19” measures, scheduled to be implemented starting next month, easing overseas travel restrictions and lifting bans on gatherings.
Hyundai, Daewoo in race to win Korea's 1st aircraft carrier order
Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME) are in a heated race to win a 2 trillion won ($1.7 billion) order to build Korea's first aircraft carrier, known as the CVX.
LG backs govt's drive to boost hiring
LG Group promised to hire tens of thousands of people over the next three years as part of the government's youth job support program.
LG CNS helps Korean Air shift IT system to Amazon's public cloud
LG CNS has transitioned Korean Air's IT system to Amazon Web Services' (AWS) public cloud. This move comes three years after the two companies signed an agreement to make the large-scale transition to AWS' cloud platform. Korean Air has become the first global airline to transition its IT system to a public cloud platform. LG CNS says that Korean Air could get a step ahead of...
Edison Motors named as preferred negotiator for SsangYong
The Seoul Bankruptcy Court has named Edison Motors-led consortium as the preferred negotiator for the ailing SsangYong Motor, the court said Wednesday evening.
LG Chem advances into solar panel frame business
LG Chem has become the country's first company to develop plastic frames that could replace the metal ones for conventional solar panels, drastically reducing production cost and weight.
Hyundai Glovis to establish global hydrogen supply chain with Air Products
Hyundai Glovis is preparing to strengthen its cooperation with Air Products, the world's largest industrial gas manufacturing company, to establish a liquefied hydrogen supply chain.
Hyundai evolves as frontrunner in high-performance vehicle market
Hyundai Motor Group has come a long way to become a leading player in the global automotive industry, but it has often been given the cold shoulder in the high-performance vehicle sector in the past. In 2012, the conglomerate established a specialized branch for the development of high-performance vehicles but was instantly met with skepticism from those questioning the congl...
POSCO chief to lead World Steel Association for 3 years
POSCO Group Chairman Choi Jeong-woo has been appointed to be part of the executive board of directors for the World Steel Association, and is scheduled to become the chairman of the entity for one year starting October next year, the country's leading steelmaker said.
Hyundai Motor aims to produce its own semiconductors
Hyundai Motor Group is taking steps to advance beyond its traditional strength of automotive production and work on the development of some logic chips possibly for use in its mid-size vehicle lineup.
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