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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..

  • POSCO makes major move to absorb partner staff

  • POSCO has decided to directly hire around 7,000 on-site workers currently employed by subcontractors at its Pohang and Gwangyang steelworks, in what indust..
  • LG chief reaffirms AI push after US trip

  • Koo Kwang-mo, chairman of LG Group, has reaffirmed his determination to accelerate the group’s artificial intelligence transformation (AX) following a visi..
  • SKT launches ESG program to support startups

  • SK Telecom announced on April 7 that it has launched its ESG startup discovery and support program, “Sketch for Good,” and will recruit participating start..
  • LG posts earnings surprise with record revenue

  • LG Electronics reported stronger-than-expected earnings for the first quarter, with revenue reaching an all-time high for a single quarter.The company anno..
  • Samsung posts record $57 trillion won operating profit

  • Samsung Electronics reported a record-breaking operating profit of 57.2 trillion won in the first quarter, marking the highest ever for a South Korean comp..
  • US Navy plan boosts prospects for Korean shipbuilders

  • A planned large-scale shipbuilding program by the U.S. Navy is raising expectations for South Korea’s shipbuilding industry, as opportunities for cooperati..
  • Hyundai’s 9trn won Saemangeum project gains momentum

  • A 9 trillion won ($6.7 billion) investment project in Saemangeum led by Chung Euisun has entered full-scale implementation, marking a major step toward reg..
  • Exports top $80B but Middle East risks loom

  • South Korea’s exports surpassed $80 billion for the first time in March, marking a record high, but concerns are growing that escalating tensions in the Mi..
  • Korea’s budget nears 800 trillion won as government accelerates active fiscal policy

  • The South Korean government is expected to draw up a budget approaching 800 trillion won next year, signaling a push toward more aggressive fiscal policy f..
  • Hanwha wins first US Navy project

  • Hanwha Defense USA and Hanwha Philly Shipyard have secured their first project with the U.S. Navy, marking a significant milestone for the company’s expans..
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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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