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[THE INVESTOR] GM Korea said on Aug. 1 its July sales fell 11 percent from a year earlier driven by weaker demand. The carmaker sold 37,046 vehicles last month, down from 41,406 units a year ear...
[THE INVESTOR] Korean low-cost airline T’way Air, made its debut on the country’s main bourse on Wednesday, becoming the third budget carrier to be traded on the market. The carrier, which was l...
[THE INVESTOR] Auto parts affiliates of Hyundai Motor Group suffered sales declines last year due mainly to their heavy reliance on Hyundai Motor and Kia Motors, an auto association said on Aug. 1. ...
[THE INVESTOR] A US court has ruled in favor of Celltrion in the last chapter of its legal patent battle with Janssen over its version of the US company’s blockbuster drug Remicade. The US District...
[THE INVESTOR] CJ Logistics announced on July 31 that it is considering acquiring German logistics firm Schnellecke Group to expand its presence in the European market. Established in 1929, Schnell...
[THE INVESTOR] E-Land said on July 31 it has decided to withdraw its Coffee Bean & Tea Leaf business from China in a move to improve its financial structure. The decision came three years after ...
[THE INVESTOR] CJ Logistics said on July 30 it is considering investing in overseas companies to expand its global presence. “We are reviewing various partnerships, joint ventures and investment...
[THE INVESTOR] Retail sales in Korea rose 7.4 percent on-year in the first half, thanks to upbeat sales at online stores, data showed on July 30. Sales at online stores jumped 16.3 percent compa...
[THE INVESTOR] Korea’s retail giant Lotte said on July 30 a new department in charge of the business group’s online businesses is set to be launched this week as the conglomerate revs up efforts to ...
[THE INVESTOR] A group of Korean customers filed a class-action lawsuit on July 30 against German automaker BMW over a defective part that may cause fires in one of its popular sedans, industry sour...
[ THE INVESTOR] Is Jay back? That was the question on the minds of many who attended Dream Class camp, in its seventh year run by Samsung Electronics in Suwon, Gyeonggi Province. Around 1,600 midd...
[THE INVESTOR] SK hynix said on July 27 it will pour a whopping 15 trillion won (US$13.40 trillion) into building a new chip plant that will be operational by 2020. The mega plan comes as its cross...
[THE INVESTOR] Korea’s biotech firm Alteogen said on July 27 that it has developed a recombinant antibody that can facilitate conversion from intravenous type of protein therapeutics to a more con...
[THE INVESTOR] Amorepacific announced on July 26 that it has won a lawsuit against Chinese cosmetics firm Shanghai Weierya for infringing its trademarks. According to Amorepacific, the appellate c...
[THE INVESTOR] POSCO’s board of directors on July 27 approved a finance expert with a 35-year career at the steelmaker as its ninth chief executive officer. Choi Jeong-woo began his career at PO...
Samsung butts heads with LG in clothing care system market
31 largest groups account for 66% of exports
Daewoong’s Nabota gets sales approval in Canada
Mirae Asset Daewoo invests W110b in Four Seasons hotel in Hawaii
WeWork gobbles up office leases in Seoul
Samsung Display creates TF for foldable display
Smart hearing aid startup Olive Union raises W500m funds
Foldable patent applications on rise in Korea
August 20, 2018
