Samsung Electronics has launched a next-generation NAND flash product with the industry’s highest-stacked semiconductor cells. With the surge in artificial intelligence (AI) demanding vast amounts of image and video data, the value of NAND storage is also rising.On April 23, Samsung Electronics anno
The Korea Exchange announced that it will commence trading of KOSDAQ Global Index futures on April 22. The KOSDAQ Global Index consists of companies selected for the “KOSDAQ Global Segment” based on certain criteria among KOSDAQ-listed stocks.The launch of KOSDAQ Global Index futures was initiated t
Coway, the “Best Life Solution Company," has received the 2024 Red Dot Award, marking its 18th consecutive win. The ongoing success is a testament to the company’s unwavering commitment to innovative design.The Red Dot Design Award is a prestigious international competition that celebrates design ex
Hanwha Systems (CEO: Sung-Chul Eoh) released images of various locations on Earth taken by its small SAR satellite on April 18th, successfully launched on December 4th, 2023.The images taken by Hanwha Systems' small SAR satellite were transmitted from an altitude of 650 kilometers above the Earth. T
Recent opinion polls suggest that former President Donald Trump is leading in the race in swing states among potential candidates for the upcoming November U.S. presidential election, raising concerns about trade pressure from the United States. During his tenure, former President Trump considered t
Samsung Display and LG Display, the two major Korean display makers, have begun the second round of their battle in the display market. Unlike LG Display, which makes large-sized panels, Samsung Display makes smash hits focused on small and medium-sized panels. LG Display is trying to reverse its fo
South Korean fashion company ShinWon Corporation (CEO: JJ Park) is conducting the global campaign #WithUs to commemorate International Women’s Day.Every year on March 8th, designated by the United Nations (UN) in 1975, is International Women's Day. Celebrating its 116th year this year, International
Following last year’s memory semiconductor downturn, Samsung Electronics and SK hynix are aggressively increasing their focus on DRAM through the expansion of advanced processing. This move is anticipated due to the expected rise in orders for High Bandwidth Memory (HBM) and Double Data Rate 5 (DDR5
Incheon Metropolitan City announced on Feb. 27 that European global investment firms had delivered letters of intent to Mayor Yoo Jeong-bok, expressing their intention to invest a total of US$6 billion in the city.On Feb. 26, Mayor Yoo received letters of intent for investments in Paris, France, fro
Mirae Asset Securities announced on Feb. 27 that the number of its retail customer accounts in India has exceeded 1 million.After the launch of the online trading platform “m.Stock” in April 2022, the Indian unit of Mirae Asset Securities has rapidly ascended in the rankings within the local online
On Feb. 20, the Incheon Free Economic Zone (IFEZ) announced the inauguration of Yoon Won-seok, the former executive vice president of the Economic and Trade Cooperation at the Korea Trade-Investment Promotion Agency (KOTRA), as its 8th Commissioner. The position of Commissioner of the Incheon Free E
Following the announcement of the government’s introduction of a program to enhance corporate value, stocks with a low price-to-book ratio (PBR) showed strength. Over the past two weeks, foreign investors’ net purchases on the KOSPI surpassed 5 trillion won. While low PBR stocks surged due to foreig
A report has emerged stating that the level of maternity and childcare leave provided by domestic companies in South Korea ranks fifth among 38 countries in the Organization for Economic Cooperation and Development (OECD). However, despite the increase in the number of individuals taking childcare l
The defense affiliates of Hanwha Group, including Hanwha Aerospace, Hanwha Systems, and Hanwha Ocean, will be participating in the World Defense Show 2024 (WDS 2024), held in Riyadh, Saudi Arabia from 4th to 8th Feb. With geopolitical crises increasing security demands in key Middle East regions, Ha
Italian supercar brand Lamborghini sold more cars in South Korea than in its home country of Italy in 2023.Lamborghini, which celebrated its 60th anniversary in 2023, sold 10,112 units globally, up 10 percent from the previous year, the company said on Jan. 31. This was the first time Lamborghini ha
The Korean Ministry of Trade, Industry and Energy (MOTIE) announced that Trade Minister Cheong In-kyo held the 8th Multilateral Trade Strategy Meeting with the MOTIE and related ministries on Jan. 29.In preparation for the 13th Ministerial Conference (MC-13) of the World Trade Organization (WTO) to
Hyundai Motor India Ltd. (HMIL) has completed acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. The acquisition has been completed post fulfilment of certain conditions and receipt of regulatory approvals from relevant government authorities and
Korea’s automobile exports hit a record high of USUS$70.9 billion in 2023.Korea’s automobile exports increased 31.1 percent year on year to US$70.9 billion last year, according to 2023 annual automotive industry data released by the Ministry of Trade, Industry and Energy (MOTIE) on Jan. 16. This sur
The Bank of Korea (BOK) has decided to maintain the benchmark interest rate at 3.50 percent during its first Monetary Policy Committee meeting of the year, marking the “eighth consecutive” freeze. This decision is interpreted as a cautious stance, considering the ongoing global trend of major centra
CES2024, the world's largest IT show, has begun in Las Vegas, U.S. The Las Vegas Convention Center (LVCC), the main venue for CES2024, and the entire city where the show floor is located are bustling with exhibitors and visitors from around the world.Compared to CES2023, which resumed last year afte