Search For "business news"
Korea sees brighter tax outlook on chip supercycle
Updated : 3 months, 3 weeks ago IST
The South Korean government is turning more optimistic about next year's corporate tax revenue as strong earnings at major semiconductor makers bolster the fiscal outlook, as per a report by Pulse, the English service of Maeil Business News Korea.
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Hyundai, Kia set to break 1 million mark in global hybrid sales this year
Updated : 4 months ago IST
Hyundai Motor Co. and Kia Corp. are set to achieve a major milestone this year, with their combined global hybrid car sales projected to cross one million units for the first time, as per a report by Pulse, the English service of Maeil Business News Korea.
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LG and Mercedes move to strengthen partnership in next-gen automotive elec
Updated : 4 months ago IST
South Korea's LG Group and Mercedes-Benz Group are moving to strengthen their partnership in automotive electronics, marking a new chapter in their growing cooperation in next-generation vehicle technology, as per a report by Pulse, the English service of Maeil Business News Korea.
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POSCO Holdings invests USD 887 million in Australia, Argentina in lithium
Updated : 4 months ago IST
POSCO Holdings has announced plans to invest 1.2 trillion won (USD 887 million) to strengthen its position in the global lithium supply chain by securing high-grade lithium assets in Australia and Argentina, as per a report by Pulse, the English service of Maeil Business News Korea.
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U.S. suspends port-entry fees for Hyundai Glovis
Updated : 4 months ago IST
Hyundai Glovis Co., South Korea's largest car carrier, has received a major relief after the United States government decided to suspend its vessel port-entry fee sanctions for one year. The decision spares the company from an annual burden of around 200 billion won (USD 137.2 million), as p
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Samsung suppliers expand in Texas as Taylor plant nears operation
Updated : 4 months ago IST
Samsung Electronics Co.'s key suppliers are rapidly moving to Taylor, Texas, as the South Korean technology company's new semiconductor foundry nears its launch next year, as per a report by Pulse, the English service of Maeil Business News Korea.
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K-beauty giant Amorepacific soars on solid Q3 earnings
Updated : 4 months, 1 week ago IST
Samsung Electronics Co Executive Chairman Jay Y Lee is set to meet Mercedes-Benz Group AG Chairman Ola Kallenius during Kallenius's two-day visit to South Korea next week, sources said on Thursday, reported by the Pulse, the English service of Maeil Business News Korea.
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Apple to debut burgundy iPhone 18 Pro next year
Updated : 4 months, 1 week ago IST
Apple is reportedly planning a major color refresh for next year's iPhone 18 Pro lineup, introducing a new burgundy finish as its latest "premium color." Following the popularity of this year's Cosmic Orange iPhone 17 Pro, the company aims to further strengthen its high-end brand image thro
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Samsung, Mercedes chiefs set to meet next week in South Korea to discuss E
Updated : 4 months, 1 week ago IST
Samsung Electronics Co. Executive Chairman Jay Y Lee is set to meet Mercedes-Benz Group AG Chairman Ola Kallenius during Kallenius's two-day visit to South Korea next week, as per a report by Pulse, the English service of Maeil Business News Korea. The two chiefs are expected to discuss pote
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Samsung Electronics completes USD 1.7 billion acquisition of Germany's Fla
Updated : 4 months, 1 week ago IST
Samsung Electronics Co. announced on Thursday that it has completed the acquisition of FlaktGroup, Europe's largest air handling and heating, ventilation, and air conditioning (HVAC) company, as per a report by Pulse, the English service of Maeil Business News Korea.
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Samsung SDI in talks to supply ESS batteries to Tesla
Updated : 4 months, 1 week ago IST
South Korean battery maker Samsung SDI Co. is in talks with Tesla Inc. over the supply of energy storage system (ESS) batteries, as per a report by Pulse, the English service of Maeil Business News Korea, on Monday.
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Hanwha Aerospace Q3 operating profit surges 79.5% to USD 630 mn
Updated : 4 months, 1 week ago IST
Hanwha Aerospace Co. reported a third-quarter operating profit of 856.4 billion won (USD 630 million), up 79.5 per cent from a year earlier, marking its highest-ever third-quarter performance, as per a report by Pulse, the English service of Maeil Business News Korea.
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