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BUSINESS

BUSINESS

After two-year delay, LG PuriCare Wearable Air Purifier released locally

While Korea is mulling lifting the indoor mask mandate, an electronic face mask was released in the country after a long delay due to...
BUSINESS

SK On-Ford battery joint venture breaks ground in Kentucky

BlueOval SK, a joint venture between SK On and Ford Motor Company, broke ground on two electric vehicle (EV) battery plants in Kentucky on...
BUSINESS

Hallyu doesn’t guarantee start-ups’ success, experts say

The rising popularity of K-pop and Korean dramas has made Hallyu seem like a guarantee for success in overseas markets, but that may not...
BUSINESS

Trade Minister heads to the U.S. to lobby for IRA changes

Korean Trade Minister Ahn Duk-geun will visit the United States for talks on the Inflation Reduction Act (IRA), which limits subsidies to electric vehicles...
BUSINESS

Game companies realize K-pop is a whole new world

Game companies had big dreams of expanding their businesses using K-pop. Dreaming has given way to reality. Game publisher NCSoft is trying to sell Universe, a...
BUSINESS

Seoul asks Washington to include car-sharing EVs in IRA

The Korean government asked the U.S. government to include car-sharing EVs such as Uber and Lyft in the EV tax incentives under the Inflation...
BUSINESS

SentBe offers U.S. remittance services

SentBe, a remittance provider, started offering transfer services from the United States on Monday. It also offers outward remittance services to Singapore and Indonesia. “I’ve learned...
BUSINESS

Biden to visit SK siltron plant in Bay City, Michigan

U.S. President Joe Biden is scheduled to visit an SK siltron plant in Michigan. The president will deliver a speech at the production site in...
BUSINESS

Korea to plant flag on moon by 2032, space agency to be formed

Korea is establishing a space agency and plans to reach the moon by 2032 and Mars by 2045. “Korea’s flag will be planted on Mars...
BUSINESS

Hyundai Motorsport takes trophies at 2022 FIA WTCR

Car racer Mikel Azcona and his team, the BRC Hyundai N Squadra Corse, were named champions of the 2022 FIA World Touring Car Cup (WTCR)...
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