Kia Corp., South Korea’s second-biggest carmaker by sales, said Thursday its fourth-quarter net profit fell 21 percent from a year earlier due to higher costs and the strengthening won.
Net profit for the three months ended in December fell to 1.62 …
South Korea’s customs agency said Thursday it has caught two South Koreans for allegedly smuggling semiconductor chips produced by an American manufacturer to China worth more than 10 billion won (US$7.49 million).
The two officials of a foreign ele…
South Korea’s economic growth slowed to the lowest in three years last year due to a slump in exports amid tightening monetary policies around the globe, central bank data showed Thursday.
The country’s real gross domestic product — a key measure o…
Kia Corp., South Korea’s second-biggest carmaker by sales, said Thursday its fourth-quarter net profit fell 21 percent from a year earlier due to higher costs and the strengthening won.
Net profit for the three months ended in December fell to 1.62…
LG Energy Solution (LGES), South Korea’s leading manufacturer of lithium-ion batteries, said Thursday it will make an equity investment in U.S. startup Sion Power for next-generation battery development.
The investment is for technology partnership …
Hyundai Glovis Co. on Thursday reported its 2023 net profit of 1.07 trillion won (US$800.6 million), down 10.3 percent from a year earlier.
The company said in a regulatory filing that it posted 1.55 trillion won in operating profit for the year, co…
