defect Archives | Be Korea-savvy

Hanwha Records Highest Number of Recent Construction Defect Claims, Report Shows

SEOUL, March 25 (Korea Bizwire) — The South Korean Ministry of Land, Infrastructure and Transport revealed on March 24 that Hanwha Corporation recorded the highest number of construction defects for apartment and officetel buildings over the past six months. According to the ministry’s quarterly disclosure of construction defect data, Hanwha received 97 defect determinations for [...]

S. Korea to Slap Penalties on Defect Coverups by Carmakers

SEOUL, Sept. 6 (Korea Bizwire) — The South Korean government said Thursday it will impose penalties on carmakers that cover up manufacturing defects and fine them for delayed recalls. The move comes in the middle of BMW Korea’s recall of 106,317 vehicles in South Korea to fix a faulty part following dozens of engine fires [...]