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BIZ&TECH

  • Naver posts Q1 growth on AI and C2C

    Naver reported solid first-quarter results, driven by AI-powered services and the expansion of its consumer-to-consumer (C2C) commerce business.The company said on April 30 that it recorded revenue of 3.24 trillion won and operating profit of 541.8 billion won for the January–March period. Revenue rose 16.3% year-on-year, while operating profit increased 7.2..

  • Hyundai-Nvidia accelerate AI mobility partnership

  • Hyundai Motor Group and Nvidia are strengthening their partnership in autonomous driving and AI-based mobility, accelerating collaboration that began after..
  • Shinsegae lands major AI deal through global ties

  • Shinsegae Group has emerged as a key player in the global AI infrastructure race by partnering with U.S.-based Reflection AI to build Korea’s largest AI da..
  • Samsung Bioepis pushes long-acting obesity drug with new biotech partnership

  • Samsung Bioepis Holdings is moving into the obesity treatment market through a partnership with domestic biotech company G2GBio to develop a long-acting ob..
  • Tanker bet by Korean shipping heir pays off amid war

  • A large-scale bet on supertankers by a Korean shipping heir is paying off as the Iran conflict disrupts global energy markets, Bloomberg reported on March..
  • Coupang investors withdraw Section 301 petition

  • U.S. investment firms backing Coupang have withdrawn a trade complaint filed with the Office of the United States Trade Representative (USTR) under Section..
  • Hormuz blockade raises uncertainty for global shipping industry

  • The global shipping industry is facing growing uncertainty as the blockade of the Strait of Hormuz drives tanker freight rates sharply higher while simulta..
  • US approves TerraPower SMR, marking breakthrough for SK–Gates partnership

  • A next-generation nuclear power project jointly advanced by SK Group Chairman Chey Tae-won and TerraPower founder Bill Gates has achieved a major milestone..
  • Samsung rejects abuse claims over supplier factory relocation

  • Samsung Electronics has strongly denied allegations that it pressured a supplier to relocate its factory to the United States and then reduced orders after..
  • Firms activate emergency plans amid Mideast tensions

  • South Korea’s government and major corporations have activated emergency response systems amid concerns over potential disruptions to Middle Eastern crude..
  • Cash-rich SK hynix readies AI expansion

  • SK hynix has secured some 30 trillion won ($22 billion) in cash and short-term financial instruments, reinforcing its financial firepower as it accelerates..
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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Jang Won-young shines as BVLGARI’s holiday muse

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