Korea Economy News And Korean Food

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"The Miracle of Bongwha"...Two miners rescued in 221 hours of burial - south korea

"The Miracle of Bongwha"...Two miners rescued in 221 hours of burial - south korea

Neither family nor rescue workers at the rescue site could hide their joy, saying, "I can't believe it," after confirming the survival of the two. It was also news of a "miracle recovery" that came at a time when the entire nation was saddened

Hyundai Mobis, Swiss firm to promote in-vehicle infotainment system

Hyundai Mobis, Swiss firm to promote in-vehicle infotainment system

Hyundai Mobis Co., South Korea's leading auto parts maker, said Monday it will promote an advanced in-vehicle infotainment (IVI) system jointly developed with a Swiss company for next-generation vehicles. Hyundai Mobis and Luxoft are "at the final stage" of developing the IVI platform for future vehicles

North Korea leader inspects training of tactical nuclear weapon units: KCNA

North Korea leader inspects training of tactical nuclear weapon units: KCNA

"This is the verification of the operation posture of our war deterrent and, at the same time, an occasion that proved the reliability of the thorough preparedness of the state nuclear defense posture," Kim was quoted as saying by the KCNA in its English-language report. Kim also made

As U.S. Opens Door to Clean Energy Shift,
Hanwha Steps Through

As U.S. Opens Door to Clean Energy Shift, Hanwha Steps Through

On August 16, 2022 the U.S. signed into law the Inflation Reduction Act (IRA), a sprawling piece of legislation packed with incentives meant to cut carbon emissions and jumpstart America’s transition to clean energy. The Act is being called the most meaningful climate bill ever passed in the

Due to the U.S. semiconductor law, exports to China will be controlled. Samsung and Hynix are also affected

Due to the U.S. semiconductor law, exports to China will be controlled. Samsung and Hynix are also affected

The U.S. government is expected to announce new regulations to control exports of high-tech technologies targeting China's semiconductor industry as early as the 7th (local time). It is also expected that it will inevitably affect domestic companies such as Samsung Electronics and SK Hynix, which are investing

Hyundai Motor's Kia Electric Vehicle, U.S. sales decline... Effects of the Inflation Reduction Act

Hyundai Motor's Kia Electric Vehicle, U.S. sales decline... Effects of the Inflation Reduction Act

Concerns over a slowdown in the economy are having a full-fledged impact on car sales. In this situation, sales of Korean electric vehicles in the U.S. fell sharply in the wake of the "Inflation Reduction Act." According to Hyundai Motor's Kia U.S. sales agency

South. Korea F-15K fighter fires 2 JADAM precision bombs in response to North Korea missile launch

A South Korean F-15K fighter fired two JADAM precision bombs at a firing range on a Yellow Sea island on Tuesday, in response to North Korea's intermediate-range ballistic missile (IRBM) launch earlier in the day, the military said. The Joint Chiefs of Staff (JCS) said that the F-15K