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Reporter : Park Jae-hyuk
Mon, February 26, 2024 | 23:28
Future of construction
HD Hyundai's unmanned excavator and bulldozer are on display during CES 2024 at Las Vegas Convention Center, Monday (local time). The company plans to showcase a variety of futuristic construction equipment technologies at the tech fair, including a remote-controlled wheel loader in Atlanta, which is 3,000 kilometers away from the exhibition venue. HD Hyundai CEO Chung Ki-sun...
SK hynix aims to double market cap in 3 years with AI chips
SK hynix unveiled the goal of doubling its market capitalization to 200 trillion won ($152 billion) within three years, based on the expectation that the growing demand for memory chips for artificial intelligence (AI) will enable the company to grow even more sustainably.
Oil refiners to cut bonus payments amid worsening profits
Employees of SK Innovation, S-Oil, HD Hyundai Oilbank and GS Caltex will receive much smaller performance-based bonuses than last year, as the falling global oil price nearly halved the earnings of the top four refiners in Korea last year, according to industry officials, Tuesday.
CES 2024 coming soon
Reporters enter an exhibition hall at Mandalay Bay Convention Center in Las Vegas, Sunday (local time), to attend CES Unveiled, an official media event for the world's largest annual tech fair that will take place from Tuesday to Friday. Yonhap
Fila Holdings creates executive post to drive global brand awareness
Fila Holdings appointed Fila USA President Todd Klein to take on the newly created role of global brand president responsible for the sportswear brand's overall operations, including global product and marketing strategies, the company said Monday.
Planned hike in EV charging costs to weigh on carmakers, battery firms
Concerns are growing over the possible rise in costs to charge electric vehicles (EVs), as carmakers and battery firms have already experienced a slowdown in the global demand for eco-friendly vehicles, according to industry officials, Monday.
POSCO International to accelerate global expansion in 2024
POSCO International's motto for this year is “global expansion” as it aims to enhance corporate and shareholder value by strengthening its global value chains, the company said Sunday.
Hanwha’s youngest heir steps closer to inheriting construction unit
Hanwha Group appears to be preparing for the transfer of its construction unit’s control from the chairman to his youngest son, who was appointed this month as the vice president to lead the company’s overseas construction projects, according to industry officials, Sunday.
KT under fire for hiring former prosecutors
KT is facing backlash from the union and the main opposition party, as the telecommunication firm hired three more former prosecutors recently as senior executives, amid the ongoing investigation into alleged irregularities involving former CEO Ku Hyeon-mo, according to industry officials, Thursday.
Hanwha stops disclosing goal for shipbuilding orders after underperforming in 2023
Hanwha Ocean decided not to disclose its annual target for shipbuilding orders this year, after the company managed to achieve 57 percent of its goal of winning $7 billion worth of orders last year, according to industry officials, Thursday.
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