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Daedong, LS Mtron, TYM hit by decreasing no. of North American hobby farmers - Vimarsana News

Daedong, LS Mtron, TYM hit by decreasing no. of North American hobby farmers

Daedong, LS Mtron and TYM, which have trisected the Korean agricultural equipment market, enjoyed record sales in 2022, thanks to the soaring demand for their compact tractors in North America.

[INTERVIEW] L&F prepares to build advanced battery materials plants abroad - Vimarsana News

[INTERVIEW] L&F prepares to build advanced battery materials plants abroad

L&F, a Daegu-headquartered cathode materials producer, has not quit its efforts to build overseas factories, despite lingering skepticism about the battery industry amid the deceleration in global demand for electric vehicles, the company’s chief executive said.

LS Eco Energy to help Vietnam commercialize superconducting cable - Vimarsana News

LS Eco Energy to help Vietnam commercialize superconducting cable

LS Eco Energy, a subsidiary of South Korean chaebol LS Group, will cooperate with Vietnam on commercializing superconducting cables that can be connected to the national power grid.

New KITA chief urges readiness for US election - Vimarsana News

New KITA chief urges readiness for US election

Former Industry Minister Yoon Jin-shik officially took the reins of the Korea International Trade Association, the nation's largest trade lobby group, after being approved at a general meeting on Tuesday. "Korea's exports experienced difficulties with the slowdown of the global economy but it will improve," Yoon said at a press event held after the meeting. "The biggest problem with exports i...

Ex-bureaucrat takes office as head of Korea's largest trade association - Vimarsana News

Ex-bureaucrat takes office as head of Korea's largest trade association

Yoon Jin-sik, the newly appointed head for the Korea International Trade Association (KITA), will focus on improving the nation’s unbalanced export structure by diversifying trade items and export countries, as the economy is still vulnerable to external risks stemming from unpredictable geopolitical conflicts abroad, he told reporters during a media briefing, Tuesday.