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Hyundai is recalling its popular Sonata midsize sedan to fix problems with the gear shift levers. The recall covers 883,000 cars from the 2011 through 2014 model years. The Korean automaker says the automatic transmission shift cable can separate
KS> aims to raise about 2 trillion won ($1.95 billion) by the end of 2015 through restructuring efforts, the steelmaker said after reporting quarterly earnings on Thursday.
South Korea's LG Display Co Ltd said on Wednesday operating profit fell by an annual 55.4 percent in the second quarter, slightly weaker than analyst estimates, as a stronger won and subdued demand for personal computers and tablets weighed. The
Malaysian Airlines struggles financially because of the two disasters this year the disappearance of MH370 and the clash of MH17. China's smart phone company Xiaomi unveils its latest product and aims to compete with Apple and Samsung.
South Korean steel major Posco has signed an MoU with Mesco Steel to set up another unit at the latter's existing facility in Kalinga Nagar. Confirming the development, an official at the Mesco chairman cum-managing director Rita Singh's office in
Korean steel company Posco is continuing to increase its presence in Australia, with one of its subsidiaries set to build a 388-kilometre railway in Queensland for Indian coal producer Adani. Adani is developing a $16 billion coalmine, rail and port
Group signed a deal to sell its logistics unit to Japanese financial firm Orix Corp. for 600 billion won ($581.5 million), a move by the South Korean conglomerate to secure cash as it battles a prolonged global slump in its core shipping business.
Samsung is in talks to buy SmartThings, a startup that lets you control everyday appliances like lights and garage doors over the internet, according to our sources. We don't know the price, but Alexia Tsotsis of TechCrunch, who was the first to
ET Creating a flagship office in a glass-and-steel building in the Meatpacking District is part of one company's strategy for winning a recruiting war in New York City. Samsung Electronics North America on Tuesday announced plans to open a Manhattan
Samsung Electronics Co Ltd said on Monday that it has temporarily halted business with a Chinese supplier after finding evidence of suspected child labor. Samsung Electronics, in a statement posted on its official blog site, said it would permanently