| Mobile Web

All articles List

Games & Commerce

Kakao labor talks break down again, raising prospect of first HQ strike

Kakao’s headquarters labor and management failed to reach a final agreement in a second mediation session on May 27 at the Gyeonggi Provincial Labor Relations Commission, granting the union legal rights to strike. The two sides remain divided over wage hikes and performance compensation, including bonuses and institutionalising RSUs. With the headquarters included, five Kakao entities now hold dispute rights after a strike vote passed. The union is seen as unlikely to launch an immediate full strike.

Mobility

China sells 13.2 million as global EV sales top 20 million and market reshapes

Global sales of plug-in hybrids and battery electric vehicles topped 20 million last year and accounted for 25 percent of new-car sales, the International Energy Agency said. China sold 13.2 million EVs, taking 53 percent of its new-car market, while Europe’s sales rose 30 percent to above 4 million. The United States lagged, with EV share below 10 percent. Emerging markets saw sales jump 80 percent, led by low-priced Chinese models.