GlobalEconomic GlobalEdition

August 13, 2022

검색

LS Group chairman Koo says he will seek opportunities in battery, EV, semiconductor industries

2022.07.15 09:33

LS Group Chairman Koo Ja-eun said he will seek business opportunities in battery, electric vehicle (EV), and semiconductor industries. LS Groups will improve its future growth businesses by raising the proportion of new businesses to 50% by 2030.According to LS Group on the 14th, Chairman Koo said at the LS Executive Seminar held at the LS Tower in Anyang, “We will speed up the ambidextrous management.”Chairman Koo previously said in his inauguration speech early this year, “Based on the ambidextrous management, we will maximize synergy between existing businesses and future new businesses.
FTC imposes fines of 56 billion won on three railway vehicle manufactures for collusion

2022.07.15 09:31

Three railway vehicle manufactures, Hyundai Rotem, Woojin Industrial System and Dawonsys, will be fined a total of 56.478 billion won for collusion, including deciding preferred bidder in advance bid for the railway vehicle ordered by the railway operators for several years. The Fair Trade Commission (FTC) said on the 13th that it has decided to impose a fine of 56.478 billion won on Hyundai Rotem, Woojin Industrial System and Dawonsys, along with corrective action order, for violation for the Monopoly Regulation and Fair Trade Act. Fines imposed on Hyundai Rotem are 32.36 billion won, Woojin
Mindtree Q1 net profit surges 37 per cent to Rs 472 crore

2022.07.14 09:57

IT services firm Mindtree on Wednesday reported Rs 471.6 crore net profit for the first quarter of the current financial year as compared to Rs 343.4 crore recorded in the corresponding period of the last year, registering a year-on-year growth of 37.3 per cent.On a quarter-on-quarter basis, the company's net profit declined during the April-June 2022 quarter fell by 0.3 per cent. Mindtree's revenue from operations surged to Rs 3,121.1 crore in the quarter ended June 30 as compared to Rs 2,291.7 crore in the corresponding period of the last year, posting year-on-year growth of 36.2 per cent."W
Adani Green's total capacity rises 65 pc year-on-year in April-June quarter

2022.07.14 09:55

Total operational capacity for Adani Green Energy increased 65 per cent year-on-year in the first quarter of FY23.At the end of June, the operational capacity stands at 5,800 megawatts, as against the 3,520-megawatt same period the previous year, the company said in a regulatory filing on Wednesday. During the said quarter, the Adani group company commissioned India's first solar-wind hybrid project of 390 megawatts at Jaisalmer in Rajasthan.The sale of energy increased by 73 per cent on a year-to-year basis backed by robust capacity addition and performance in solar, wind and hybrid portfolio
Infosys to acquire life sciences consulting firm BASE life science

2022.07.14 09:52

Infosys said on Wednesday it has signed a definitive agreement to acquire BASE life science, a leading technology and consulting firm in the life sciences industry in Europe."The acquisition reaffirms our commitment to help global life sciences companies realize business value from cloud-first digital platforms and data, to speed-up clinical trials and scale drug development, positively impacting lives and achieving better health outcomes," Infosys said in a statement. The acquisition is expected to close during the second quarter of fiscal 2023, subject to customary closing conditions, the co
Hanwha Solutions to push for solar power project in Germany

2022.07.13 09:53

Hanwha Solutions will push for solar power development project in Germany. It also plans to expand its renewable energy business in Europe.Hanwha Solutions said on the 12th that its European subsidiary Q Energy will push for a 500 MW solar power project with ENVIRIA, a German renewable energy company.Q Energy and ENVIRIA will jointly develop 38 solar power projects with the size in range of 2-70 MW each in Germany. ENVIRIA is a Frankfurt-based solar power company, and has carried out more than 100 related projects so far.Based on ENVIRIA’s local networks, Hanwha Solutions will secure the land
World’s largest EV racing championship Formula E to be held in Seoul

2022.07.13 09:50

“The reason why we chose Seoul for the final of the 2021-2022 Formula E, the world electric car motor racing championship, is that Seoul is a future-oriented city. In addition, as there are various automobile manufacturers in Seoul, it is also industrially meaningful.”At the “Seoul Festa & Seoul E-PRIX 2022” press conference held at DDP in Dongdaemun-gu, Seoul on the 12th, Formula E CEO Jamie Reigle said.He continued, “Personally, I have been in Seoul a lot of times. It is one of my favorite cities. Seoul is a representative city of the future, and has also strong position in the EV marke
S. Korean government to reduce civil service organizations

2022.07.13 09:45

The government will reduce the number of civil service organizations.While maintaining the number of public officials, the government will convert and deploy officials from unnecessary or less important organizations to key national task teams. Ministries and organizations that are close to President Yoon Suk-yeol’s pledge will be able to increase manpower, while ministries with less relevance will likely to be reduced.This is a 5-year human resource management plan to establish the efficient and flexible government system. It aims to improve administrative inefficiency and national financial
Firm helps enhance sensory experience with world-leading innovative solutions

2022.07.11 09:45

EVERY day, we use our senses to perceive the world around us. Our five senses — sight, sound, smell, taste and touch are perceived through our sensory organs. Nowadays, technologies also play a role in enhancing our senses.AAC Technologies (AAC), a world-leading smart device solution provider, is devoted to creating beautiful sensory experiences for the world.Walking through the exhibition hall at the company’s headquarters in Nanshan District during a recent research tour, reporters saw many small-sized and categorized components displayed on stands.AAC provides advanced miniaturized and pr

1 2 3 4 5 6 7 8 9 10

Headline

S. Korea considers taking part in Chip 4 alliance

Best Click

Editor's Choice

India's forex reserves dip by $9.64 billion, the biggest drop in 2 years