The author, Hyungcho Chung, is the founder and CEO of Scomot -- Ed.What Is the Ishango Bone?The Ishango Bone is an ancient tool that is considered to be one of the oldest known calculators in the world. It was found in the Ishango region of the Democratic Republic of Congo and is estimated to be aro
Samsung Electronics announced on Jan. 14 that its AI companion Ballie, which made a big splash at CES 2024, will now be equipped with the Samsung Tizen OS.Originally deployed in TVs and monitors, Samsung’s Tizen OS has recently expanded to include home appliances and now next-generation AI devices.
Following the largest fine ever imposed by the Fair Trade Commission due to a game item probability manipulation controversy, Nexon announced improvements just one week later.On Jan. 9, Nexon apologized for the recent controversy in a live broadcast starting at 6 p.m. and announced the suspension of
Lotte Chilsung Beverage announced on Jan. 9 the opening of a pop-up store for its Saero zero sugar soju on Bui Vien Street in Ho Chi Minh City, Vietnam.The Saero pop-up store is designed to expand the brand experience and increase intimacy with the young local population in Vietnam. Recently, Saero
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Although sales of NCSOFT’s TL have arrived sluggish, initial payment for the title should be reflected alongside its global release. Moving ahead, we expect NCSOFT to display a change in strategy
FILA Holdings announced a new leadership structure on Jan. 8, naming FILA USA President Todd Klein to take on the newly created role of Global Brand President. Klein will report to FILA Holdings and join the board of FILA Luxembourg, a wholly owned subsidiary of FILA Holdings that oversees FILA’s gl
Previously dedicated to producing pouch-type batteries, SK on has now embarked on the development of the “4680 battery,” a product Tesla has successfully made a game-changer in the electric vehicle (EV) market. This move to broaden its portfolio by adding cylindrical batteries follows its success wi
The State of West Virginia and LG Electronics announced a strategic initiative to grow new business ventures in West Virginia to advance the development of new technologies for renewable energy, healthcare and industries of the future.The businesses, developed by LG NOVA, LG Electronics’ North Ameri
The landscape of venture investment, including startups and other unlisted companies, has undergone significant changes after enduring a cold spell lasting more than a year and six months. Instead of Software as a Service (SaaS), the rise of manufacturing industries such as semiconductors has become
Nexon Korea, the operator of the online game MapleStory, is set to face a hefty fine of more than 10 billion won from the Korea Fair Trade Commission for selling game items with virtually zero chance of being won.The KFTC announced on Jan. 3 that it would impose a corrective order and a fine of 11.6
LG Electronics is set to unveil its brighter and clearer 2024 LG OLED evo TV, powered by a dedicated artificial intelligence (AI) processor, at CES 2024.At the world’s largest consumer electronics and information technology (IT) exhibition, CES 2024, to be held in Las Vegas, Nevada from Jan. 9 to 12
Devsisters’ mobile RPG “Cookie Run: Kingdom” has reached the No. 2 spot on the local app market’s popularity rankings shortly after its release in China.Devsisters announced on Dec. 28 that Cookie Run: Kingdom was released at 7 a.m. in China on Dec. 27 through China’s major Android app market and Ap
TakeOne Company (CEO Jung Minchae), a comprehensive content developer, announced that the cinematic adventure mobile game ‘NCT ZONE’ with the group NCT will be officially launched at noon on the 28th through the Apple App Store and Google Play Store.This is a game where you can enjoy new concept puz
The author is an analyst for NH Investment & Securities. He can be reached at bk@nhqv.com -- Ed.In 2023, an inflection point for the stock market was reached reflecting the differing stances taken by the Fed and market participants. Recently, the Fed has begun looking ahead toward lowering interest
According to the International Contractors Association of Korea (ICAK) on Dec. 25, the total value of construction contracts in the Middle East, including Saudi Arabia and the United Arab Emirates (UAE), has reached US$8.38 billion from the beginning of the year to the end of November this year, mar
The deadline for Google and Apple to submit their opinions on corrective measures proposed by the Korea Communications Commission (KCC) regarding the “coercive practices of utilizing their own in-app payment system” has been extended once again. Following Google’s recent defeat in a first-instance l
South Korea’s growing imports of secondary battery materials and intermediate goods from China were blamed for South Korea’s trade balance with China which is expected to post its first deficit in 31 years.According to the Bank of Korea (BOK) on Dec. 20, South Korea’s trade balance with China posted
Samsung Electronics has introduced two new products in its ISOCELL Vision image sensor lineup on Dec. 19, designed to act as the eyes for advanced content platforms like mobile, robotics, and Extended Reality (XR).The newly unveiled ISOCELL Vision 63D image sensor chip is an indirect Time-of-Flight
Pernod Ricard Korea announced its opening of the ‘JAMESON Distillery on Tour’ pop-up, a recreation of the JAMESON Distillery in Dublin, Ireland, to start from 21st at a representative resort during the winter season, Pyeongchang Phoenix Park. Following Jamsil Lotte World Mall and Andong Go-Out Campi
Kolon Global announced on Dec. 13 that it signed a business agreement with Enercon, a leading German manufacturer of direct-drive wind turbines without gears, at Kolon Tower in Gwacheon, Gyeonggi Province, on Dec. 12. Enercon is recognized as one of the top three global wind power companies.Through