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BUSINESS

BUSINESS

Mercedes-Benz dealers in South Korea refuse used EQEs over EV explosion

With Mercedes-Benz EVs flooding Korea's used car market following an explosion of an EQE last month, Mercedes dealers are refusing to stock EVs in...
BUSINESS

South Korea’s nuclear energy corporation to invest $40 million in Bill Gates’ TerraPower

The board of Korea Hydro & Nuclear Power (KHNP) has conditionally approved the state-run company's decision to invest $40 million in TerraPower, a U.S....
BUSINESS

Chip packaging is tech’s new frontier — and Korea is lagging behind

Chip packaging — or the manufacturing of the casing that surrounds a semiconductor — has become a new battleground in the tech industry. While the...
BUSINESS

Mercedes-Benz sales nose-dive after EV explodes in parking lot

Mercedes-Benz suffered a steep EV sales slide in August hit hard by Koreans' growing reluctance to buy electric vehicles after a recent Mercedes EV...
BUSINESS

SK hynix to offer bring memory, faster data processing with upcoming HBM4

SK hynix, the world's second-largest memory chipmaker, is developing next-generation high bandwidth memory (HBM) to meet booming global demand for artificial intelligence and higher-performance...
BUSINESS

Westinghouse appeals to Czech Republic over Korea’s selection for $18B nuclear project

A U.S. nuclear energy firm has filed an appeal with the Czech Republic for picking a Korean company as the preferred bidder for a...
BUSINESS

300 Korean Air passengers stranded in London for 21 hours

Korean Air has come under criticism following the cancellation of a flight to Korea on Sunday that left over 300 passengers stranded in London...
BUSINESS

EV owners burn with anger over Seoul’s charging limit in wake of fire

In an attempt to quell mounting fears over EV safety, the Seoul Metropolitan Government came up with a guideline that added to public frustration:...
BUSINESS

Transport Ministry releases new airline safety guidelines to reduce in-flight accidents

The Transport Ministry unveiled a set of new safety measures Thursday to prevent in-flight accidents caused by frequent air turbulence. According to the guidelines by...
BUSINESS

Gov’t to urge carmakers to disclose EV battery details as fire-driven phobia spreads

All auto manufacturers in Korea will be advised by the government to voluntarily disclose the details of the batteries installed in their EVs —...
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