Upper Canada Mining announces Mr. James Beals as Interim Chairman and CEO

CALGARY, Alberta, July 23, 2021 (GLOBE NEWSWIRE) — The Management and Directors of Upper Canada Mining Inc (UCM), a private Canadian company in the business of mining, exploration and production, primarily in gold and silver, are pleased to announce the appointment of Mr. James Beals as Interim Chairman and CEO effective immediately.As Interim Chairman and […]

Samsung introduces upgraded network solutions

SEOUL, Samsung Electronics Co. said Friday it has released upgraded software-defined networking (SDN) solutions to help mobile operators and enterprises better manage their 5G networks. The South Korean tech giant…

Samsung offering special trade-in program in U.S. for new foldable smartphones

SEOUL, Samsung Electronics Co., the world’s largest smartphone maker, is running a special trade-in program in the United States for its upcoming new foldable smartphones, industry insiders said Friday, amid…

Hyundai Engineering & Construction Q2 net profit up 22.3 pct. to 84.9 bln won

SEOUL, Hyundai Engineering & Construction Co. on Friday reported its second-quarter net profit of 84.9 billion won (US$73.8 million), up 22.3 percent from a year earlier. Operating income for the…

Summer appliance sales soaring amid scorching heat

SEOUL, Sales of summer appliances, including air conditioners and fans, are soaring in South Korea, industry sources said Friday, as the sweltering heat continues to scorch the country. With the…

Hyundai Mobis Q2 net profit up 185.3 pct. to 669.6 bln won

SEOUL, Hyundai Mobis Co. on Friday reported its second-quarter net profit of 669.6 billion won (US$581.9 million), up 185.3 percent from a year earlier. The company said in a regulatory…

Korea Shipbuilding wins combined 1.56 tln-won orders for 7 LNG carriers

SEOUL, Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has signed orders worth a combined 1.56 trillion won (US$ 1.4 billion) to build seven LNG carriers. A 678…

Hyundai Heavy Industries Holdings shifts to black in Q2

SEOUL, Hyundai Heavy Industries Holdings Co. on Friday reported its second-quarter net income of 21.8 billion won (US$18.9 million), turning from a loss of 12.9 billion won a year earlier.…

Hyundai honorary chairman inducted into Automotive Hall of Fame

SEOUL, Chung Mong-koo, honorary chairman of Hyundai Motor Group, became the first Korean inducted into the Automotive Hall of Fame at the 2020/2021 induction and awards event, the company said…

Hyundai Wia shifts to black in Q2

SEOUL, Hyundai Wia on Friday reported its second-quarter net income of 38.3 billion won (US$33.3 million), shifting from a loss of 48.4 billion won a year earlier. Operating profit for…