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LG Execs To Discuss Strategies Amid Uncertainties

September 25, 2019 by KoreaTechToday Editor

Koo Kwang-moo, LG Group Chairman, challenged top executives to think up with survival strategies and accelerate digital transformation in the midst of growing business uncertainties surrounding the country’s fourth-largest business …

LG, SK – Point Of No Return Over EV Battery Feud

September 19, 2019 by KoreaTechToday Editor

A feud between LG Chem and SK Innovation over rechargeable batteries for electric vehicles (EVs) escalated further after police searched the offices of the latter, according to industry analysts, on …

Fair Trade Commission To Deliberate On Apple’s Alleged Ad Cost Dumping

September 16, 2019 by KoreaTechToday Editor

Chairman Cho Sung-Wook of the Fair Trade Commission, along with her commissioners, are planning to deliberate on the validity of Apple Korea’s pledge to remedy the company’s supposed ad cost …

Korea’s “Boycott Japan” Hurting Latters Car and Other Industries

August 7, 2019 by KoreaTechToday Editor

It seems that Japan’s embargo on South Korean goods is hurting Japan as well. In protest of the trade restrictions Japan put in place recently, South Korean citizens are hitting …

Hyundai Acquisition of DSME Problematic Due To Trade War

August 2, 2019 by KoreaTechToday Editor

The Japanese government may soon put Hyundai’s acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) under a microscope due to the growing tension between the two nations. Daewoo Shipbuilding & …

LG Electronics Stocks Foresee Fall Amid Performance Woes

August 1, 2019 by KoreaTechToday Editor

Korea Investment & Securities has lowered its outlook on the price of LG Electronics stocks due to the latter’s drop in operating profits. The company is reportedly struggling to maintain …

World’s Second Largest Chipmaker, SK Hynix Reports Drop in Revenue, Cuts DRAM Production

July 29, 2019 by KoreaTechToday Editor

Japan’s spat with Korea is already taking its toll on both economies. SK Hynix, one of Korea’s top chipmakers, has reported a slump on their revenues staring from the second …