SEOUL, April 28 (Korea Bizwire) — The U.S. subsidiaries of South Korea’s major firms reported mixed results in 2022, a corporate tracker said Thursday. The nation’s four major enterprises — Samsung Electronics, SK hynix, Hyundai Motor, and LG Electronics — saw their four major American subsidiaries, in which they have a more than 50 percent [...]
SEOUL, Oct. 4 (Korea Bizwire) — SK Telecom Co., South Korea’s top telecom operator, is eyeing initial public offerings (IPO) for its digital service subsidiaries starting next year, analysts said Sunday, as the company seeks to realign its business structure. The move has been widely expected after the mobile carrier announced its IPO ambitions for [...]
SEOUL, Nov. 8 (Korea Bizwire) — A significant portion of the empty office space currently available at Lotte World Tower will soon be taken up by the company’s subsidiaries. By doing so, Seoul’s newest landmark building is expected to lower its vacancy levels from the current 60 percent to 30 percent. According to an announcement [...]