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korea factory

Every story tagged korea factory on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged korea factory

2 stories in this topic

hyundai santa fe
Automotive
1 min read

Hyundai Motor net profit plummets 67%

Hyundai Motor’s operating profit plummeted 76 percent on-year in the third quarter as a recall in the U.S. and sluggish growth in major markets hurt the automaker’s bottom line. Korea’s No. 1 carmaker by sales announced Thursday that it posted 289 billion won…

general motors pension plans
Automotive
3 min read

GM Korea votes to spin off R&D unit

A GM Korea shareholders’ meeting Friday decided to spin off its R&D and design department, reigniting conflict with its labor union and the state-owned Korea Development Bank (KDB), the automaker’s second-largest stakeholder. “The plan to establish a…