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Heekyong Yang

Facebook, others restrict business travel to China as warnings grow

5:16am GMT

SHANGHAI/SEOUL Facebook Inc and other global companies including LG Electronics Inc and Standard Chartered Plc are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.

SK Innovation plans second EV battery plant in U.S., expansion in Hungary

10 Jan 2020

LAS VEGAS/SEOUL South Korea's SK Innovation Co Ltd plans to build a second electric vehicle (EV) battery plant in the United States and is considering expanding another factory in Hungary to meet soaring demand for EV cells, its chief executive told Reuters.

Samsung sets up anti-corruption panel as chief faces trials

10 Jan 2020

SEOUL South Korea's Samsung Group, whose leader faces trials over a bribery scandal involving former president Park Geun-hye, has appointed external experts to a new oversight panel to stamp out criminal conduct, the chief of the committee said on Thursday.

REFILE-Samsung sets up anti-corruption panel as chief faces trials

09 Jan 2020

SEOUL, Jan 9 South Korea's Samsung Group, whose leader faces trials over a bribery scandal involving former president Park Geun-hye, has appointed external experts to a new oversight panel to stamp out criminal conduct, the chief of the committee said on Thursday.

Amid trade row with Japan, South Korea gains Dupont investment to make chip materials

09 Jan 2020

SEOUL South Korea said on Thursday DuPont will invest $28 million in the country to produce advanced photoresists and other materials by 2021, a move that will help reduce its reliance on Japan for the products used in semiconductor manufacturing.

CORRECTED-Dupont to invest $28 mln in S.Korea to make key chip materials

09 Jan 2020

SEOUL, Jan 9 South Korea said on Thursday that DuPont has decided to invest $28 million in the country to produce photoresists and other materials by 2021 - a move that will help reduce its heavy reliance on Japan for the key materials used to produce chips.

Samsung Elec says profit fall likely milder than forecasts as chip prices bottom out

08 Jan 2020

SEOUL Samsung Electronics Co Ltd on Wednesday said quarterly operating profit likely fell at a milder pace than analysts forecast, indicating memory chip prices bottomed out and strengthening hope of recovery from an industry downturn. | Video

South Korean restaurant owners voice concerns over $4 billion Delivery Hero deal

06 Jan 2020

SEOUL South Korean restaurant owners expressed concern on Monday over food delivery giant Delivery Hero's proposed $4 billion (3.06 billion pounds) acquisition of its local rival, saying the move could undermine competition and lead to higher fees.

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