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[THE INVESTOR] BMW Korea has replaced more than 100,000 units of the exhaust gas recirculation component in affected vehicles since a recall started five months ago, the company said on Jan. 29. ...
[THE INVESTOR] S-Oil said on Jan. 28 it shifted to a net loss for the October-December period due to inventory-related losses. For the three months that ended in December, the company’s net loss...
[THE INVESTOR] Efforts to revive a ruptured investment project between Gwangju City and Hyundai Motor are under way, a government official said on Jan. 28. “We are talking with Hyundai and the l...
[THE INVESTOR] Genosco, a US-based subsidiary of Korean bio company Oscotec, is gearing up to go public, according to industry sources on Jan. 28. The company recently sent out a request for propos...
[THE INVESTOR] Hyundai AutoEver, an affiliate of Korean automotive conglomerate Hyundai Motor Group, has won approval for its planned initial public offering on the country’s main stock exchange, th...
[THE INVESTOR] SsangYong Motor said on Jan. 28 it will launch an all-new sport utility vehicle in March to boost sales. The carmaker has developed a midsize SUV under the project name C300 and h...
[THE INVESTOR] Kia Motors on Jan. 28 launched its refreshed Sorento sport utility vehicle in a move to strengthen its overall lineup. The upgraded vehicle comes with a differently styled dark ch...
[THE INVESTOR] More than 100 members of Korea’s major conglomerate owner families under the age of 50 are serving as executives, with three heading their groups, a corporate tracker said on Jan. 28....
[THE INVESTOR] Samsung SDI announced on Jan. 25 its fourth-quarter net earnings increased 10.8 percent on-year on strong demand for its lithium-ion batteries used in cordless devices and electric v...
[THE INVESTOR] Hyundai Mobis said on Jan. 25 it shifted to a net profit in the October-December period due to a low base effect. A net profit of 419.8 billion won (US$375 million) was reached fo...
[THE INVESTOR] Korean cosmetics startup Memebox announced on Jan. 25 that it has secured series D funding worth US$35 million from Johnson & Johnson Development Corp., venture capital unit of the mu...
[THE INVESTOR] Pan Ocean said on Jan. 25 that it has clinched a shipping contract worth 127 billion won (US$113 million) to transport iron ore from Brazil to China. Under the deal with Brazilian...
[THE INVESTOR] A Seoul court on Jan. 25 sentenced the head of major food maker Samyang to three years in prison for embezzling 5 billion won (US$44.30 million) of company funds. The Seoul Northe...
[THE INVESTOR] Kia Motors said on Jan. 25 its net profit fell 10 percent in the October-December period from a year earlier. Net profit for the three months declined to 94.3 billion won (US$84 m...
[THE INVESTOR] Sales of cigarettes in Korea fell 1.5 percent in 2018 from a year earlier due to the government-led anti-smoking campaign and higher prices, data showed on Jan. 25. Smokers purcha...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
