Direct military communication lines between South and North Korea are back to normal operation Thursday after technical problems with one of the lines were fixed, the defense ministry said. On Tuesday, the two sides reopened all cross-border communication lines, 13 months after Pyongyang cut them off in protest over anti-regime propaganda leaflets flying in from the South. Of the two cross-border military hotlines, the western channel worked well from the first day, but the other one, known as

Touts continued tech prowess in memory field; says will make ’meaningful‘ M&A deal in 3 years

South Korea’s leading automaker Hyundai Motor Group and battery producer LG Energy Solution are joining forces to establish a $1.1 billion electric vehicle battery plant in Indonesia, the companies said Thursday. The two companies signed a memorandum of understanding with the Indonesian government for the plant, which would produce 10 gigawatt-hours worth of NCMA (nickel, cobalt, manganese, aluminum) lithium-ion battery cells annually, enough for 150,000 electric vehicles, the firms sai