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Reporter : Kim Yoo-chul
Tue, March 28, 2023 | 08:45
GM in final stage of 3rd US battery plant agreement with LGES
General Motors (GM) is in the last stage of finalizing key outstanding issues regarding its planned and scheduled investments in two electric vehicle(EV)-related manufacturing facilities in the U.S. state of Michigan - one with its Korean partner LG Energy Solution (LGES), two local investment banking sources told The Korea Times, Sunday.
[ANALYSIS] Omicron fears spell early end to doldrums in chip industry
A top-tier investment bank released a report in August, intriguingly titled “Winter Is Coming,” warning of challenging pricing conditions through next year.
Qualcomm ditches TSMC, lets Samsung produce new chips
Qualcomm CEO Cristiano Amon said it has chosen Samsung as the sole manufacturer of its latest Snapdragon Gen 1 mobile application processor (AP) chipsets.
KDB chief thanks FTC head for speeding up reviews of mega mergers
Korea Development Bank (KDB) Chairman Lee Dong-gull thanked Korea Fair Trade Commission (KFTC) chief Joh Sung-wook for the regulator's support to accelerate its review of two mega acquisition deals.
SK Telecom shares rise on hopes for higher dividend
Shares of SK Telecom, the country's top mobile telecom carrier, rose more than 8 percent, Monday, on growing hopes for higher dividends, stock market analysts said.
Investors to flock to makers of test kits, vaccines
The Korean stock market is awaiting updates over the Omicron variant of the coronavirus. As the local stock market correlates very closely with moves in major indexes, investors are highly likely to react negatively following U.S. and European stock markets' falls last week.
Seasoned strategist named as LG COO
A seasoned strategist was appointed as the chief operating officer of the country's fourth-largest conglomerate.
Vidente considers acquiring controlling stake in Bithumb
Vidente is considering acquiring a controlling stake in Bithumb, now that the country's largest cryptocurrency operator has received an operating license from the Financial Intelligence Unit (FIU), local investment banking sources told The Korea Times, Thursday.
Lee Jae-yong stresses need to reshape Samsung
Samsung Electronics Vice Chairman Lee Jae-yong has called on his employees to make join efforts to change their way of thinking to enable the country's top conglomerate to overcome any potential future crises, the company said Tuesday. His rare remarks came during his visit to Samsung Research America (SRA) and its U.S. head office in Silicon Valley, Monday, before returning ...
Samsung chief meets Moderna, Verizon heads in US
Samsung Vice Chairman Lee Jae-yong held talks with Moderna Chairman Noubar Afeyan and Verizon Wireless CEO Hans Vestberg, in a bid to expand their business partnerships amid hyper competition in the biotech and telecom markets.
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