Huawei held a conference on the Top 10 Trends of Data Center Facility in 2024 and released the corresponding White Paper. At the conference, Yao Quan, President of Huawei Data Center Facility Domain, defined the three characteristics of future data centers: reliable, simplified, and sustainable. Yao
Hana Bank announced on Jan. 17 (local time) that it has been honored with the “Best Trade Finance Provider in Korea 2024,” an award presented by the global financial and economic publication Global Finance.With the latest award, Hana Bank has achieved a remarkable feat by winning the “Best Trade Fin
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
Samsung Electronics and SK hynix will build the world’s largest and best semiconductor mega cluster in the southern part of Gyeonggi Province with a total investment of 622 trillion won. The Korean government will support this project by creating infrastructure and an investment environment, strengt
The merger between Korean Air and Asiana Airlines, which has been dragging on for over three years, gained momentum by overcoming a significant hurdle. The European Union (EU) competition authorities, who had been rigorously reviewing the merger, have reportedly made a de facto approval decision.If
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-
Seoul AI hub, supported by the Seoul Metropolitan Government, announced that 35 AI startups it supports participated in CES 2024, showcasing their AI-based products and technologies to the global market. Among these, startups that participated as part of Seoul AI hub’s global expansion support proje
Chey Jae-won, vice chairman of SK Group, stated on Jan. 10 (local time) that significant progress has been made in the development of cylindrical batteries. He also mentioned that while it’s challenging to predict the exact timing of SK on’s IPO due to internal and external conditions, it will proce
Vamos Formula E! This weekend, the ABB FIA Formula E World Championship gets Season 10 underway at a global metropolis with a population of roughly 22 million: Mexico City.The Hankook Mexico City E-Prix will take place on the 12th and 13th of January at Autodromo Hermanos Rodriguez in the Mexican ca
Chef Jimyung Lee of Park Hyatt Seoul, celebrated for his creativity and artistry, and Chef Narae Kim of Park Hyatt Paris-Vendôme, named the Best Pastry Chef of the Year by the French restaurant guide Gault & Millau, will jointly present "Four Hands Dessert: Taste of Seoul and Paris" on the top floor
SK hynix announced today that it will showcase the technology for ultra-high performance memory products, the core of future AI infrastructure, at CES 2024, the most influential tech event in the world taking place from January 9 through 12 in Las Vegas.SK hynix said that it will highlight its futur
Overseas luxury brands are once again raising product prices early in the new year.According to the retail industry on Jan. 2, Hermes has raised the prices of its shoe products starting from Jan. 1. Among the various models of “Oran” sandals, the one crafted from lizard leather has witnessed a subst
LS Mtron is expediting its penetration of the U.S. market by securing an agricultural machinery export hub in central Texas in the United States.According to industry sources on Jan. 1, LS Mtron will complete a tractor logistics center and assembly plant in Palestine, Texas, in February. The facilit
The South Korean automotive industry has experienced a year of contrasts in 2023. In the first 11 months, the sector achieved its highest ever performance, but the fortunes of individual companies have varied significantly. Hyundai, Kia, and GM Korea continued to grow, leveraging their leading model
Italy will be scratched off the list of the world’s top 10 economies by 2038 with South Korea replacing it, according to the Center for Economics and Business Research (CEBR), a British think tank.According to a report by Bloomberg on Dec. 26, the CEBR continued its forecast that South Korea will be
Huawei Korea held a media event on Dec. 20 to share its major business achievements of 2023 and strategic directions for 2024. Balian Wang, CEO of Huawei Korea, emphasized prioritizing cybersecurity on this day.This year, under the vision of “Building a Better Eco-Friendly Digital Life with Korea,”
Huawei Korea held a media event on Dec. 20th to share major business achievements of 2023 and strategic directions for 2024. Balian Wang, CEO of Huawei Korea, emphasized prioritizing cybersecurity on this day.This year, under the vision of 'Building a Better Eco-Friendly Digital Life with Korea,' Hu
Hyundai Motor Group (the Group) today announced key executive appointments for the second-half of the year 2023. Through the appointments, the Group aims to strengthen its leading position in future mobility solutions and innovations and better prepare for uncertainties in the global business enviro
Warburg Pincus, the oldest private equity firm and a leading global growth investor, today announced that, through its Warburg Pincus Asia Real Estate Fund (“WPARE”), it will establish a logistics and industrial real estate joint venture - QUBE Industrial with MQ Logistics (“MQ”), one of South Korea