SEOUL, April 11 (Korea Bizwire) — The Ministry of Land, Infrastructure and Transport on Monday opened an online platform for renting construction equipment and for job searching and hiring operators. The platform aims to break the traditional structure in which workers must join a construction labor union affiliated with the militant umbrella organization Korean Confederation of [...]
SEOUL, July 13 (Korea Bizwire) — South Korean construction equipment manufacturers are basking in robust overseas sales despite the resurgence of new coronavirus infections, industry data showed Tuesday. South Korea’s top construction equipment maker Doosan Infracore Co. said its European subsidiary sold 543 units of excavators and other construction equipment in June, a new monthly [...]
SEOUL, May 26 (Korea Bizewire) — South Korean construction equipment makers, including industry leader Doosan Infracore Co., have stopped production at their local plants due to weak exports to Europe and North America, industry sources said Tuesday. Doosan Infracore’s board of directors have decided to halt production at its two plants till early next month. [...]
SEOUL, May 20 (Korea Bizwire) — South Korean construction equipment makers, led by Doosan Infracore Co., are set to bask in increased sales in China as the world’s No. 2 economy is ramping up efforts to rebound from the coronavirus outbreak, industry data showed Wednesday. Doosan Infracore, South Korea’s No. 1 construction equipment maker, sold [...]
SEOUL, May 12 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunications firm, said Tuesday it has joined hands with Hyundai Construction Equipment Co. to develop 5G-based remote control platform for construction equipment and industrial trucks. Under the memorandum of understanding (MOU), the two sides will collaborate in developing various technologies for the builder’s autonomous [...]
SEOUL, Feb. 19 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, and Hyundai Construction Equipment Co. (HCE), the country’s No. 2 construction equipment maker, will join hands to develop construction vehicles such as excavators and forklifts powered by hydrogen. The two and Hyundai Mobis Co., the country’s biggest auto parts maker [...]