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BIZ&TECH

  • Hanwha Aerospace presents new paradigm 'One Sky' for aero-engine development

    Hanwha Aerospace has presented "One Sky" as a new aero-engine development paradigm. It establishes a virtuous cycle of utilizing technologies and experience accumulated from conventional engine businesses to develop future engines, and subsequently feeding back the acquired technologies into existing operations. According to Hanwha Aerospace on the 28th, th..

  • 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..
  • Korea secures first European nuclear deal with Czech Dukovany project

  • South Korea has won its first-ever nuclear power plant contract in Europe, securing a foothold in the region’s competitive energy market with the Czech Rep..
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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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