SEOUL, Jun. 11 (Korea Bizwire) — Hankook Tire & Technology Co. said Tuesday it has signed a deal with Mitsubishi Motors Corp. to supply tires for the Japanese automaker’s Xforce compact sport utility vehicle. The South Korean tire company said it will supply its Ventus Prime 4 product to Mitsubishi. The company’s Ventus product series [...]
GWANGJU, Feb. 15 (Korea Bizwire) — A group of South Korean victims of Japan’s wartime forced labor won another damages suit against a Japanese company Thursday. The Gwangju District Court in the southwestern city of Gwangju ruled in favor of 15 bereaved families of 11 South Korean forced labor victims in the litigation against Mitsubishi [...]
SEOUL, June 23 (Korea Bizwire) — L&F Co., a South Korean manufacturer of secondary battery materials, said Friday it has clinched a preliminary agreement with Japan’s Mitsubishi Chemical Group to collaborate on the supply of battery-grade anode materials, one of the four key components for electric vehicle (EV) batteries. The memorandum of understanding, signed Thursday, [...]
SEOUL, March 16 (Korea Bizwire) — Two victims of wartime forced labor by Japan have filed a lawsuit seeking to collect compensation from Mitsubishi Heavy Industries’ affiliate in South Korea, their legal representatives said Thursday. One surviving victim and bereaved family members of the other victim lodged the suit against Mitsubishi on Wednesday, asking the [...]
SEOUL/TOKYO, Sept. 13 (Korea Bizwire) – South Korea’s top court has confirmed a lower court’s order to seize Mitsubishi Heavy Industries Ltd.’s assets here to compensate wartime forced labor victims, judicial officials said Monday. The Supreme Court on Friday dismissed the Japanese company’s appeal of a court order to seize its six patent rights and [...]
TOKYO, Feb. 15 (Korea Bizwire) — Bereaved families of South Koreans who performed forced labor during World War II for Mitsubishi Heavy Industries Ltd. visited the company’s head office on Friday in Tokyo to urge the company to honor recent South Korean court rulings. In November last year, South Korea’s Supreme Court upheld two rulings [...]
SEOUL, Nov. 29 (Korea Bizwire) — South Korea’s Supreme Court confirmed two appellate court rulings on Thursday that ordered a Japanese company to compensate Koreans for forced labor during World War II. The four-judge bench handed down the decisions on two damages suits against Mitsubishi Heavy Industries Ltd. It upheld two rulings — one that [...]
SEOUL, Sept. 7 (Korea Bizwire) — Ford Motor Company, Mitsubishi Motors Corporation and BMW will recall faulty parts in more than 1,000 vehicles sold in South Korea, the transport ministry said Thursday. Ford will recall 626 Lincoln MKZs and eight Fusion sedans manufactured in 2013 to replace faulty door latches. Mitsubishi issued a recall for [...]
GWANGJU, Aug. 7 (Korea Bizwire) — A South Korean court is scheduled to deliver its verdicts this week in two separate suits that elderly Korean victims filed against Japanese firm Mitsubishi for compensation for their forced labor during World War II. On Tuesday, the Gwangju District Court plans to rule on a suit that forced [...]
SEOUL, July 19 (Korea Bizwire) – South Korean actor Song Joong-ki on Wednesday applauded his fiance and fellow actress Song Hye-kyo’s decision to decline an ad sponsorship offer from Mitsubishi Motors over the company’s association with forced mobilization of Korean laborers during the second World War. “I first learned that Hye-kyo declined the offer from the news. [...]