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United Kingdom

Heekyong Yang

Samsung Elec says weak chip demand sent fourth quarter profit well below market estimates

08 Jan 2019

SEOUL Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to "ease confusion" among investors already fretting about a global tech slowdown. | Video

Samsung Electronics braces for profit drop as China slowdown chips away at demand

06 Jan 2019

SEOUL Samsung Electronics Co Ltd is set to post its first drop in quarterly operating profit in two years as slowing economic growth in China, a key market for the South Korean tech giant, erodes demand for its products.

REFILE-INSIGHT-Empty shipyard and suicides as "Hyundai Town" grapples with grim future

27 Dec 2018

* Port city Ulsan mirrors South Korea's economic, social challenges

REFILE-INSIGHT-After tragedies and big losses, Hyundai looks to reverse N.Korea fortunes

27 Dec 2018

* Key hurdle is Washington opposition over easing of sanctions

South Korea's SK Innovation bets on Europe, China electric vehicle demand

26 Dec 2018

SEOSAN, South Korea South Korea's SK Innovation , a supplier of electric vehicle (EV) batteries to Daimler and Volkswagen , aims to boost production capacity more than tenfold by 2022, betting on global demand.

Recharge: LG and Samsung take heart as China flags more open car battery market

20 Dec 2018

SEOUL/BEIJING For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd , the Chinese market has begun to offer promise after painful loss-making investments.

Angry South Korean taxi drivers strike against carpooling service

20 Dec 2018

SEOUL Tens of thousands of South Korean taxi drivers walked off the job across the country on Thursday and held a mass rally in downtown Seoul to protest against a carpooling service that they say will destroy their jobs.

Angry South Korean taxi drivers strike against carpooling service

20 Dec 2018

SEOUL Tens of thousands of South Korean taxi drivers walked off the job across the country on Thursday and held a mass rally in downtown Seoul to protest against a carpooling service that they say will destroy their jobs.

Samsung Electronics vows to pay compensation for ill workers by 2028

23 Nov 2018

SEOUL South Korea's Samsung Electronics on Friday vowed to compensate by 2028 its local chip and display factory workers who have suffered from work-related illnesses.

World News

As shutdown lingers, Pelosi pushes Trump to delay State of Union speech

With the partial U.S. government shutdown now in its 26th day, House Speaker Nancy Pelosi on Wednesday urged President Donald Trump to reschedule his State of the Union address - a move that could deny him the opportunity to use the pageantry of the speech to attack Democrats in their own chamber over the impasse.