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Reporter : Park Jae-hyuk
Tue, February 27, 2024 | 00:25
POSCO International to build motor core factories in Poland, Mexico
The incoming CEO of POSCO International allowed the global expansion of the company’s traction motor core business as an incumbent board member, the trading and energy affiliate of POSCO Group said Monday.
Paris Baguette debuts in Hawaii
SPC Group opened Hawaii's first branch of Paris Baguette, the company said Monday.
Investors dump Hanwha Solutions shares amid depressed outlook
Hanwha Solutions suffered a sharp decline in its stock price throughout last week, as skepticism has been growing over its business portfolios embracing renewables, chemical and materials, according to securities analysts, Sunday.
Hyosung seeks spin-off to prevent family feud
Hyosung Group has begun procedures for the chairman’s youngest brother to take control of several of the group’s affiliates, so that the owner family can avoid any additional internal conflicts, according to industry officials, Sunday.
POSCO Future M starts building Gwangyang battery materials plant to supply Samsung SDI
GWANGYANG, South Jeolla Province - POSCO Future M started building a high-nickel NCA (nickel, cobalt and aluminum) cathode materials plant in the southern port city of Gwangyang, South Jeolla Province, Thursday, aiming to supply all of the electric vehicle (EV) battery materials produced at the factory to Samsung SDI.
POSCO Group to replace heads of major affiliates
POSCO Group announced its decision on Wednesday to replace the CEOs of major affiliates as the nation’s fifth-largest business group prepares to appoint a new chairman following the upcoming regular general meeting of its holding firm’s shareholders on March 21.
Korean firms investing in US, Southeast Asia hit by global minimum tax
Korea’s implementation of the OECD's global minimum corporate tax initiative, the first of its kind in the world, has become an additional financial burden on companies that have invested in the U.S. and Southeast Asia when seeking tax benefits, according to industry officials, Wednesday.
Samsung chief's return to board delayed as prosecutors appeal court acquittal
Samsung Electronics decided once again to keep Executive Chairman Lee Jae-yong from joining its board, despite a local court acquitting him of stock price rigging and accounting fraud charges during the 2015 merger of two affiliates, the ...
Gaming firms recruit lawyers to cope with Yoon's hardline policies
Gaming firms' demand for lawyers has been growing recently as the Yoon Suk Yeol administration's tough stance on the industry has increased their legal risks, according to industry officials, Tuesday.
Netflix, YouTube unlikely to budge on Korea's call for lowering streaming fees
The government’s ongoing efforts to curb rising streaming fees are expected to weigh only on Korean service providers without exerting much influence on market-dominant global players, such as Netflix and YouTube, according to industry officials, Monday.
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