“Through the SmartThings ecosystem, Samsung is connecting everything from smartphones to refrigerators,” said Han Jong-hee, vice chairman and head of Device Experience (DX) at Samsung Electronics. “Just doing this well makes us a worthy competitor to Apple,” he added during a press briefing held in
In November 2023, Lucid Kitchen opened its offline shop in Woluwe-Saint-Lambert, boasting a high-level commercial and residential culture comparable to the 17 districts of Paris, which have the highest income in Europe, attracting attention from various local Europeans.Thanks to the popularity of Ka
To mark the 1st anniversary of the renewal launch of the dining membership program 'TASTE by Four Seasons', Four Seasons Hotel Seoul is pleased to offer a 'Partner Card Issuance' promotion, allowing members to enjoy membership benefits with a family member or friend, from April 1st to June 30th, 202
This March, Four Seasons Hotel Seoul takes centre stage as an official partner of the prestigious Asia’s 50 Best Restaurants 2024, which comes to the Korean capital for the first time. Securing its place as a gastronomic hotspot in the city’s thriving culinary scene, the contemporary Gwanghwamun hot
Coupang announced on March 11 that it has expanded its “Rocket Direct Purchase” service to Japan. The company has been expanding its direct purchase regions, starting from the United States in 2017, followed by China in 2021 and Hong Kong in 2022.Coupang’s decision to add Japan to its Rocket Direct
In 2024, 165,000 foreign workers will enter Korea on non-professional work visas (E-9). This will be the highest number ever. The industries they can work in will also be expanded to include restaurants, mining and forestry.The Ministry of Employment and Labor announced the decision in a meeting of
“I was curious about Korean chicken and ramen, and it was really great to see the process and taste them. The flavor was surprisingly good.”Chloe Sears from the U.K., participating as an International Service Team (IST) member at the 2023 Saemangeum Scout Jamboree, visited Harim Food Road on Aug. 3
Coway Co., Ltd., the “Best Life Solution Company,” has once again received recognition as one of South Korea’s “Best Korea Brands 2023” by Interbrand, a global brand consultancy. This achievement marks the company's 9th consecutive year of being included among South Korea's top brands.Every
Coway, the “Best Life Solution Company," has received the Red Dot Award 2023 for the 17th consecutive year, acknowledging the company’s unwavering exceptional design. The three award-winning products include the Air Purifier (AP-3522E/F) and Skin Plus Water Softener (BB-17), which stand out for intu
CJ CheilJedang announced on March 20 that it offered a diverse series of programs to promote K-food at KCON 2023 Thailand, a K-culture festival held in Bangkok, Thailand, for two days from March 18.This year, CJ CheilJedang set up a booth for its bibigo brand with a look based on Korean traditional
LG Electronics unveiled the concept of LG Smart Cottage (tentative name), a small modular house that can be used as a second house, on March 2. The company explains that it has introduced a new residential space that combines space, home appliances, and services in consideration of the spread of wor
Samsung Electronics and LG Electronics are working on special measures to cope with the steep drop in sales of home appliances.Samsung Electronics has recently divided the Kitchen and Living Development Groups under the Development Team of the Home Electronics Division into five development groups -
The author is an analyst of NH Investment & Securities. He can be reached at neul.ha@nhqv.com. -- Ed. Wielding a dominant position in the rechargeable battery tape market, Tapex is to enjoy earnings growth alongside rising battery shipments at its clients. With rechargeable battery safety becoming a
The embassy of the United Arab Emirates (UAE) in Seoul announced on June 23 that it is participating in Imported Goods Fair 2022 (IGF 2022), which opened on the day at the COEX Convention Center for a three-day run, to promote various products from the Middle East country.UAE Ambassador to Korea Abd
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. Hanssem’s mid/long-term direction is taking shape thanks to an uptick in remodeling demand and active shareholder return policy. However, a near-term earnings slump looks unavoidable. We expect t
Coupang will directly import Nitori products, Japan’s largest furniture and household goods brand, and launch them exclusively in Korea.Korean consumers may not be familiar with Nitori, but in Japan, it has been the No. 1 brand in the affordable, but quality furniture market and has a variety of pro
Coway Co. unveiled its latest environmental home appliance innovations at the Consumer Electronics Show (CES) 2022 on Jan. 5.The company exhibited its latest innovations in mattresses, water purifiers, air purifiers, and bidets.To engage with more people worldwide, Coway is featuring exhibited produ
To celebrate the global shopping festival “Black Friday,” Coupang will hold a special event to offer global products and brands with the biggest benefits of the year until Nov. 28.This year’s special event for Black Friday will be held for Coupang’s Rocket Jikgu and directly imported Rocket Delivery
LG Electronics has automated the production of refrigerators and water purifiers by converting its Changwon Factory, a key production base for household appliances business, into an intelligent autonomous factory.LG Electronics held a ceremony to mark the first-stage completion of the production aut
The author is an analyst of KB Securities. He can be reached at moonjoon.chang@kbfg.com. -- Ed. Maintain BUY, raise target price to KRW150,000 We maintain BUY and raise our TP by 11.1% to KRW150,000 (based on DCF model) to reflect an increase in WACC (6.08%→6.39%) based on changes in major assumptio