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Reporter : Kim Jae-heun
Thu, October 6, 2022 | 06:46
LGES launches new companies to boost battery ecosystem
LG Energy Solution has launched new in-house companies named KooRoo and AVEL to expand its battery business ecosystem, the company said Wednesday, as part of its plan to keep pace with industry developments. KooRoo and AVEL will begin operations later this month related to Battery as a Service (BaaS) and Energy as a Service (EaaS), respectively, starting this month.
Renault Korea inks wage pact without dispute for 1st time in 4 years
Renault Korea Motors has opened a new chapter in its operations since Stephane Deblaise took the helm of the Korean unit of the French carmaker in March. Deblaise's employee-friendly leadership style appears to be paying off by improving labor-management relations, according to company officials Tuesday. Renault Korea signed this year's wage bargaining agreement on Sept. 16 w...
NCSOFT offers industry's highest wages, benefits to new recruits
NCSOFT started its recruitment drive this year for new employees on Sept. 30, promising to offer the game industry's highest wages and benefits, according to company officials Tuesday. The game firm is widely known as a “dream company” among jobseekers as it has been paying high salaries to its employees so as to secure promising workers in the information technology (IT) fie...
Imported fruit prices skyrocket as US dollar soars
A 34-year-old office worker surnamed Kim was surprised to see how expensive bananas have become amid a series of news stories that the soaring U.S. dollar has sharply raised the prices of imported fruit. “I have been purchasing bananas once a week for many years, but I have never seen their price go so high as it is now. It makes me hesitate to grab one when I see how much it...
Former LG Electronics vice president to lead LocknLock
Global food container maker LocknLock has nominated former LG Electronics Vice President Lee Jae-ho as its new CEO, the company said last week. Lee will be officially appointed during the company's extraordinary meeting of shareholders on Oct. 17 along with his appointment as an executive director on the same day.
LG chief stresses need to 'think from perspective of future customers'
LG Group Chairman Koo Kwang-mo and top executives of group affiliates discussed strategies for future businesses as companies are grappling with the increasingly unfavorable economic conditions, Korea's fourth-largest conglomerate said, Friday. Koo and the heads of LG's units attended a CEO workshop at Konjiam Resort in Gwangju, Gyeonggi Province, Thursday, the first of its k...
Department stores eye secondhand products to draw young customers
Lotte, Shinsegae, Hyundai and other department stores are opening special stores for used items and investing in online secondhand marketplace apps to attract younger customers, according to industry officials, Friday. Department stores used to deal mostly with brand-new, up-to-date and pricey merchandise to differentiate themselves from other retailers, but due to young cust...
Hyundai E&C starts sales of Hillstate studio apartments in Daejeon
Hyundai Engineering & Construction (Hyundai E&C) put a total of 473 studio apartments up for sale at the Hillstate apartment complex in Daejeon's Yuseong District, the company said Thursday. It is the first studio apartment complex built near the popular tourist site of Yuseong Hot Springs in the metropolitan city.
Rubber Duck returns to Seoul after eight years
The giant yellow Rubber Duck, which attracted 5 million visitors in 2014, returns to Seoul after eight years. This time, it came with its friends -Rainbow Duck, Skull Duck, Dracula Duck and Ghost Duck to celebrate Halloween next month. Lotte Property & Development (Lotte P&D), the operator of Lotte World Tower and the company that brought the 3D artwork to Korea, said the 18-...
Food firms complain about gov't warnings against price hikes
Food companies here are expressing frustration over the government's growing pressure on them to refrain from raising prices on their products amid soaring inflation, according to company officials Tuesday.
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