
LG Electronics offers web-based software to TV manufacturers
Feb 24, 2021 23:44 pm UTC| Business Technology
South Koreas LG Electronics Inc. is offering its webOS platform applied to smart TVs to some 20 rival TV manufacturers through a partnership with global content providers. According to LG Electronics, TV makers, such as...

Mitsubishi may use Renault plant in France to manufacture cars
Feb 24, 2021 23:34 pm UTC| Business
Mitsubishi Motors Corp. may finalize a plan to produce cars at Renault SA facilities in France by Thursday, in what would be a reversal of last years restructuring plan dubbed Small Is Beautiful to pull back from...

SK Telecom and affiliate fined over unfair biz practice
Feb 24, 2021 23:26 pm UTC| Business Technology
The Korea Fair Trade Commission (KFTC) fined mobile carrier SK Telecom Co. and its internet protocol TV subsidiary SK Broadband Co. 6.4 billion won for hampering market competition between 2016-2019. During the said...

Nine auto firms in S. Korea to recall over 470,000 vehicles over defective parts
Feb 24, 2021 23:23 pm UTC| Business
Nine carmakers operating in South Korea will voluntarily recall 478,371 vehicles to fix faulty components, says the Ministry of Land, Infrastructure, and Transport. The vehicles belong to 171 models. The nine...

Amazon senior VP Jeff Blackburn announces departure from the company
Feb 24, 2021 09:54 am UTC| Business
Amazon is losing another executive this year, as Jeff Blackburn announced earlier this week that he would be stepping down from his post and leave. The companys senior vice president of business and corporate development...

Best Buy is giving bonuses to employees amid impending layoffs
Feb 24, 2021 09:24 am UTC| Business Economy
Best Buy will be giving out bonuses or extra pay to its workers, and this was revealed this week. The American multinational consumer electronics retailer will pay pandemic-related benefits to employees with hourly...

Orion: South Korea's Choco Pie maker announces completion of its manufacturing plant in India
Feb 24, 2021 09:05 am UTC| Business
Orion, South Koreas famous snack confectionery company that makes Choco Pie, is expanding its market. It is planning to further grow its business by entering the Indian business sphere, and it is starting now with the...