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Companies that traditionally focused on manufacturing baby products, are closing the businesses due to the diminishing demand resulting from the country's low birthrate, according to industry officials, Sunday.
Kia has a longer history than you might think but how, exactly, did it get from selling $20k budget hatchbacks to $100,000 electric SUVs in just a handful of years?
![[Reporter's notebook] Is unity the driving force behind Hyundai Motor's global leadership aims? - Vimarsana News](https://img.koreatimes.co.kr/upload/thumbnailV2/dd825949abff42d09158823c1c385130.png)
Hyundai Motor Group is one of the largest conglomerates here and is involved in various sectors including automobiles and other mobility fields, as well as steel, construction, defense and finance.
Hahn & Co., the nation's largest private equity firm based on assets under management, secured control over Namyang Dairy Product on Thursday, following years of legal disputes. The Supreme Court sided with Hahn & Co., ordering Namyang Dairy Product Chairman Hong Won-sik and his family members to hand over their 53.08 percent stake in the company to the private equity firm. With the court decision, the e...
Namyang Dairy Products, a major dairy firm in Korea, is set to end its 60-year family ownership following a loss in a management dispute with a local private equity fund.