Samsung Electronics has incorporated its next-generation mobile application processor (AP), the Exynos 2400, into the latest premium smartphone, the Galaxy S24 series.On Jan. 17, Samsung Electronics hosted Galaxy Unpacked 2024 at the SAP Center in San Jose, California, in the U.S., where they unveil
Minister of SMEs and Startups Oh Young-Ju met with the startup winners of the CES 2034 Innovation Awards on Jan. 18 for a discussion.The meeting, held at the Seoul Center for Creative Economy & Innovation, aimed to encourage the representatives of the winning ventures and startups and to listen to t
Cho Hyun-sang, vice chairman of Hyosung Group, attended the World Economic Forum (WEF, also known as the Davos Forum) to communicate with global leaders and explore new business opportunities for Hyosung Group, a global company in the materials sector.This year marks the 54th World Economic Forum, h
LG Innotek is speeding up its entry into the camera market for autonomous driving and the optical component market for Extended Reality (XR) by joining forces with a global lens manufacturing enterprise.LG Innotek announced on Jan. 18 that it has signed a main contract with AOE Optoelectronics, a Ta
The Ministry of Trade, Industry and Energy (MOTIE) announced on Jan. 18 that Deputy Trade Minister Yang Byung-nae met with a delegation of companies, including Solid Power Chief Operating Officer Derek Johnson, who visited the ministry to discuss cooperation in the field of next-generation batteries
Hwang Joo-ho, the CEO of Korea Hydro & Nuclear Power (KHNP), has been engaging in activities to secure the Dukovany new nuclear power plant project in the Czech Republic for two days from Jan. 16.On Jan. 17, CEO Hwang visited the Czech Power Company (CEZ) and the Czech Ministry of Industry and Trade
SK telecom announced on Jan. 17 that it has signed a memorandum of understanding (MOU) with Vetology Innovations of the United States, targeting the U.S. market with its product, named X Caliber, during the world’s largest veterinary event, VMX2024, currently underway in the U.S.X Caliber is a diagn
HD Hyundai announced on Jan. 17 that its Vice Chairman Chung Ki-sun attended the Supply Chain & Transport Governors and Oil & Gas Governors group at the Davos Forum in Switzerland to discuss decarbonization initiatives and cooperation.The Supply Chain & Transportation Governors is a group of CEOs fr
Korean companies doing business in China expect the Chinese market to improve in the second half of this year and beyond. In particular, they expect their sales to ascend from 2023.The largest number of the respondents (40 percent) expect an improvement in their business in China after 2024, followe
Pernod Ricard Korea, the Korean affiliate of the wine and spirits company Pernod Ricard, is launching its ‘2024 Drink More Water’ campaign to help discourage excessive drinking and promote responsible alcohol consumption, especially at the beginning of the year when many events involve alcohol.‘Drin
Hanwha Vice Chairman Kim Dong-kwan revealed Hanwha’s vision for maritime decarbonization at the annual session of the World Economic Forum (WEF) in Davos, Switzerland on Jan. 17. The event was titled “The First Fossil-Free Ship on the Water.”Vice Chairman Kim has expanded the scope of decarbonizatio
SK on, a leading global electric vehicle battery manufacturer, will strengthen its partnership with Solid Power, a U.S.-based leading developer of solid-state battery technology, to accelerate the development of all-solid-state batteries (ASSBs).SK on announced today it signed a research and develop
On the 11th, the global AI data platform AIMMO, led by CEO Oh Seung-taek, hosted a solo conference, the 'AIMMO AI Tech Summit,' at CES 2024 in Las Vegas. The event received positive reviews for the launch of its new data cycle process, '4Core.'AIMMO's innovative product, '4Core,' epitomizes the indu
Hyosung TNS showcased its latest unmanned payment solution, JetCheck, at the NRF 2024 retail trade show held in New York from Jan. 14 to 16.JetCheck is an unmanned checkout counter that provides a seamless payment experience and assists in store operations. This unmanned payment solution includes bo
A well-known Chinese automotive manufacturer is currently under investigation by South Korean law enforcement agencies for allegedly establishing a subsidiary in South Korea and illicitly acquiring domestic battery technologies from Samsung SDI and SK on, formerly SK innovation.According to industry
LG Electronics recently announced the establishment of an electric vehicle (EV) charger manufacturing plant in Fort Worth, Texas, in the U.S. The facility, covering an area of approximately 5,500 square meters, has the capacity to produce over 10,000 chargers annually.The Texas plant serves as a pro
Hak Cheol Shin, CEO of LG Chem, has been selected as one of the top 100 economic leaders representing the World Economic Forum (WEF). At this year’s forum, CEO Shin will meet with global clients and partners to discuss collaboration strategies for managing the global supply chain and overcoming the
When Formula E calls, the Mexican fans answer that call in droves. More than 40,000 fans packed into the sold-out grandstands at Autodromo Hermanos Rodriguez in the city of 22 million inhabitants. Come the end of the race, they were celebrating a winning drive from Germany’s Pascal Wehrlein. The 29-
The Korean beauty care industry is turning its eyes to the Japanese market. It is a strategy to try to rebound by targeting Japan as an alternative market as its performance weakened due to a decline in the market share of Korean cosmetics in China.LG Household and Health Care’s cumulative sales thr
HD Hyundai XiteSolution announced on Jan. 11 (local time) that it has signed a memorandum of understanding (MOU) with CNH, a leading global company in agriculture and construction machinery, at the CES 2024 event in Las Vegas, Nevada, in the U.S. The MOU focuses on establishing a joint research cent