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BIZ&TECH

  • Samsung to set up R&D center in China for ADC development

  • E-commerce leaders race to enhance logistics for faster delivery

  • South Korea’s major e-commerce companies are going all-in on logistics innovation as delivery speed increasingly defines service quality. Companies such as..
  • LG Energy Solution begins large-scale ESS battery production in North America

  • LG Energy Solution has begun large-scale production of lithium iron phosphate (LFP) batteries for energy storage systems (ESS) in North America. The compan..
  • Samsung pay suffers nationwide outage, users report disruptions

  • Samsung Electronics’ mobile payment service, Samsung Pay, experienced a widespread technical glitch on June 2, preventing users from completing transaction..
  • SK Hynix set to dominate AI memory market with HBM3E and HBM4

  • SK Hynix is expected to further solidify its dominance in the high-bandwidth memory (HBM) market as its HBM3E 12-layer product is set to be fully adopted i..
  • Hyundai breaks ground on first Saudi car plant in Vision 2030 push

  • Hyundai Motor Company has begun construction on its first production plant in Saudi Arabia, marking a major step toward expanding its footprint in the Midd..
  • Samsung's Lee Jae-yong returns to megadeals with $1.8B HVAC acquisition

  • Samsung Electronics Chairman Lee Jae-yong has reignited the group’s pursuit of large-scale mergers and acquisitions, striking its biggest deal in eight yea..
  • Samsung acquires Germany’s FläktGroup in $1.6B HVAC deal

  • Samsung Electronics announced on May 14 that it has acquired Germany’s FläktGroup, Europe’s largest HVAC (heating, ventilation, and air conditioning) compa..
  • Czech court delays Korea-Czech nuclear deal after EDF injunction

  • The final contract signing for a nuclear power plant deal between Korea Hydro & Nuclear Power (KHNP) and the Czech Republic, scheduled for May 7, has b..
  • Coupang reports record quarterly revenue

  • Coupang posted its highest-ever quarterly revenue in the first quarter of 2024, driven by rapid growth in its luxury e-commerce unit Farfetch and Taiwan’s..
  • Korea wins Czech nuclear deal, boosting global ambitions

  • Korea Hydro & Nuclear Power (KHNP) has secured its first overseas nuclear power plant export in 16 years, marking a major breakthrough in its push to e..
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people

"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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