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Tuesday, November 12, 2024

BUSINESS

Samsung, Qualcomm, Google vs. Apple in XR headsets

Samsung Electronics will work with two major U.S. tech companies to develop digital headsets as Apple moves ahead quickly and is promising its own...

Is ChatGPT the new future?

ChatGPT, an artificial intelligence (AI) chatbot created by OpenAI, is the talk of the town. It surpassed 100 million users in about two months...

Naver to launch competitor to ChatGPT

Naver will launch its own version of ChatGPT in the Korean market in the first half of this year to respond to the widely...

Hyundai Motor, Kia sales in U.S. rise 15 percent on year in January

Hyundai Motor and its affiliate Kia said Thursday their combined sales in the United States rose 15 percent in January from a year earlier...

[NEWS ANALYSIS] Tesla’s EV pricing war puts pressure on Hyundai Motor, Kia

An EV pricing war spurred by Tesla is putting pressure on Hyundai Motor and Kia, which were already reeling from the Inflation Reduction Act...

Stocks fall as investors take cover before Fed rate meeting

Shares ended lower Tuesday, tracking falls on Wall Street, as investors stay cautious ahead of the Federal Reserve's rate decision this week. The won...

Seoul stocks open higher on U.S. advances

Seoul stocks opened slightly higher Friday, tracking overnight gains on Wall Street. The benchmark Kospi rose 0.75 points, or 0.03 percent, to 2,469.4 in the...

Hyundai Mobis reports record revenue in 2022, lower-than-expected net profit

Hyundai Mobis reported lower-than-expected net profit in 2022, impacted by the rising raw material costs. The auto parts maker logged a net profit of 2.5...

Local tech stocks boosted by U.S. market after Lunar New Year break

Korea’s tech stocks, both big and small, received a major boost Wednesday following the Lunar New Year holiday, taking a positive cue from the...

Ford says plan for EV battery plant in Turkey with SK On still on track

SK On and Ford Motor’s plans for a joint electric vehicle (EV) battery plant in Turkey are still on track. “The non-binding MOU signed...