Hyundai Motor, South Korea Union Agree 9% Wage Hike Deal
Hyundai Motor Co and a union representing its South Korea workforce have sealed a wage deal that will boost annual pay by about 9% just days after the automaker committed to building its first new Korean car plant in nearly 30 years.
Hyundai Motor's South Korea Union Approves Wage Deal -union
Hyundai Motor Co's unionised workers in South Korea voted in favour of a wage deal with the automaker, a Hyundai Motors union official said on Tuesday.
Hyundai Motor Launches First Electric Sedan, Taking On Tesla
Hyundai Motor Co on Thursday launched its first electric sedan, Ioniq 6, which the South Korean automaker is betting will help it grab a bigger share of the electric vehicle (EV) market dominated by Tesla Inc.
Hyundai Motor's South Korea Trade Union Aims To Resume Annual Wage Talks
The union that represents Hyundai Motor Co's South Korean workers said on Tuesday it plans to resume a week of wage talks with management on Wednesday, staving off any immediate prospect of a walkout in a protracted industrial dispute.
Hyundai Motor's Union In S.Korea Votes To Strike After Stalled Negotiations
Hyundai Motor Co's unionised workers in South Korea voted for a possible strike for the first time in four years over demands for higher wages and anger that management was prioritising overseas investment.
Hyundai Motor's Union In S.Korea Vote On First Strike In 4 Years
Hyundai Motor Co's unionised workers in South Korea vote on Friday to decide whether to go on a strike for the first time in four years over demands for higher wages and anger the management was prioritising overseas investment.
S.Korea's LGES Reviews $1.3 Billion Arizona Battery Investment As U.S. Inflation Bites
South Korean battery maker LG Energy Solution Ltd (LGES), a major supplier to U.S.
S.Korea's LGES Reviews Plan For $1.3 Billion Arizona Battery Plant As U.S. Inflation Bites
South Korean battery maker LG Energy Solution Ltd (LGES) plans to reassess its investment plan for a standalone Arizona battery factory due to the current U.S.
Hyundai Motor Says Unsure When Russian Plant Operations Will Resume
South Korea's Hyundai Motor Co said on Friday it has not decided when to resume operations at its assembly plant in St Petersburg, Russia, citing ongoing issues with components delivery.
Samsung Slashes Capex, Calls End To Chip Boom After Record Third Quarter
Samsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end to a two-year boom in memory chips that fueled record third-quarter profit.
Samsung Q3 Profit Likely Hit Record High But Chip Price Falls Cast Shadow
Samsung Electronics Co Ltd said its quarterly operating profit likely surged by a fifth to a record high, with its chip unit bolstered by robust demand from data centers and gains in production yields.
