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Tuesday, Oct, 13, 2026

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BIZ&TECH

  • Hyundai Mobis bets on physical AI, but selling profitable businesses raises questions over future returns

    Hyundai Mobis has faced pushback from its labor union and shareholders as it accelerates a portfolio restructuring to foster future growth engines such as physical artificial intelligence (AI) and robotics. Questions are mounting over whether divesting a profitable existing business unit under the pretext of securing future growth drivers will genuinely enha..

  • Coupang swings to loss despite revenue growth

  • Coupang posted an operating loss of about 354.5 billion won in the first quarter, marking its largest quarterly deficit in more than four years since its 2..
  • Hyundai expands Gen Z offline marketing

  • Hyundai Motor Company is strengthening its offline marketing efforts by leveraging its Gen Z-focused character “LeLeLe” to deepen customer engagement and e..
  • Samsung appoints Lee Won-jin to lead TV unit

  • Samsung Electronics has appointed Lee Won-jin as the new head of its Visual Display (VD) business, aiming to drive a turnaround in its TV division.The comp..
  • KAI launches next-gen satellite successfully

  • Korea Aerospace Industries (KAI) has successfully launched the Next-Generation Mid-sized Satellite 2, marking a major shift toward private-led space develo..
  • LS Cable targets North American offshore market

  • LS Cable & System is stepping up efforts to expand its presence in the North American offshore power grid market in partnership with LS Marine Solution..
  • Samsung unions face internal rift over bonus dispute

  • Labor tensions are escalating within Samsung Electronics as internal conflicts among union members intensify over performance bonus demands, particularly b..
  • Samsung heirs finish $12B tax, set example of noblesse oblige

  • The family of Lee Jae-yong, Executive Chairman of Samsung Electronics, has completed payment of approximately 12 trillion won in inheritance taxes over fiv..
  • 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..
  • Samsung posts record profit led by chips

  • Samsung Electronics reported record-breaking quarterly results, driven by booming demand for AI-focused memory semiconductors.The company announced on Apri..
  • Hanwha enters top five on defense boom

  • Hanwha Group has entered the top five largest conglomerates in South Korea by asset size for the first time since its founding in 1952, driven by strong gr..
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PEOPLE

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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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