Despite a global economic slowdown, Samsung Electronics and LG Electronics have maintained their lead in the global TV market. Both companies especially showed strong competitiveness in the high-end premium TV segment.According to the market research firm Omdia on Nov. 21, Samsung Electronics record
Prosecutors have embarked on a search and seizure operation targeting the CEO of Hyundai AutoEver and others.The Fair Trade Investigation Division of the Seoul Central District Prosecutors’ Office announced that they have been conducting search and seizure operations at a total of four locations, in
Pulmuone USA announced on Nov. 15 the expansion of its fresh noodle production line at its facility in Gilroy, California, initiating full-scale operations early last month. This enhancement enables an annual production capacity of 24 million packs (based on 190 g per pack) of fresh noodles, a move
According to industry sources on Nov. 13, South Korean memory semiconductor manufacturers are focusing on the preemptive development of memory to support the advancement of Artificial Intelligence (AI). This is expected to lead to the creation of AI semiconductors that are not only capable of data s
SK on is actively tapping the year-end financial market to secure investment funds for its battery ventures. Following its debut in the public offering corporate bond market earlier this year, the company is now actively utilizing the short-term corporate paper (CP) market for fundraising.According
LG Group Chairman Koo Kwang-mo is facing the first inheritance dispute in LG’s history since its founding in 1947. For 75 years, the company had not experienced any property disputes, including control of the business, but it has become embroiled in litigation for the first time in this case.Accordi
Constantly pioneering the innovative path of clean and sustainable beauty development, barenbliss has cooperated with the cutting-edge cosmetics packaging corporation EFA PACKAGES to inaugurate its new R&D Package Laboratory in South Korea. This endeavor thoroughly embodies the concept of clean beau
The author is an analyst for NH Investment & Securities. He can be reached at minwoo.ju@nhqv.com -- Ed.Affected by delays in EV and battery production amid slowing downstream demand, there are short-term uncertainties in play toward SKIET’s plans for operating new plants in Poland and the US. Accord
The ongoing merger process between Korean Air and Asiana Airlines, which has persisted for three years, has crossed a significant threshold. Korean Air’s proposal to divest Asiana Airlines’ cargo division has been approved by the board of Asiana Airlines, a strategic move to meet the requirements se
Pernod Ricard Korea is delighted to announce that Champagne Perrier-Jouët, which transforms nature into art, has launched its new global campaign "Fill your world with wonder " and entered into a partnership with French actress and director Mélanie Laurent.Since its inception, Perrier-Jouët has cons
Global brands from various sectors are taking notice of the Korean market. Leading luxury brands like Gucci and PRADA have hosted large-scale events in Korea, while imported car brands such as BMW, Mercedes-Benz, and Audi are using Korea as a testbed for their products. This trend extends beyond jus
SK Innovation is set to embark on a mangrove reforestation project in Fiji. The project aims to contribute to solving the pressing environmental challenges that are national crises in the region, such as rising sea levels caused by global warming.SK Innovation announced that it had signed a Memorand
The controversy surrounding the “Asiana Airlines Cargo Business Separation Sale,” which has emerged as a key issue in the merger of Korean Air and Asiana Airlines, is intensifying. As the Asiana Airlines board is set to decide on the separation sale of the cargo business on Oct. 30, both current and
The author is an analyst for NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.We expect LS ELECTRIC’s 3Q23 OP to miss consensus due to reduced investment in the semicon industry and fewer business days. However, with the business environment set to normalize over the mid/lo
Worries have surfaced that South Korea’s steel industry, which relies heavily on blast furnaces, could face significant challenges amid speculation that the United States and the European Union (EU) are discreetly working on standards for an “Eco-friendly Steel Club” that may be advantageous to thei
FILA has announced today the launch of the ‘Motorcore Collection’ with global brand ambassador Han So-hee. With a heritage spanning over a century, FILA continues to partner with Han So-hee, while tapping into the brand’s rich history in sport.The ‘Motorcore Collection’ by FILA takes inspiration fro
Last month, during the United Nations General Assembly, President Yoon Suk-yeol proposed the Carbon Free Alliance (CFA). Leading corporations such as Samsung Electronics, SK Hynix, and Hyundai Motor, which previously committed to RE100 (100% renewable energy), have now joined the alliance. The shift
“We see the power of knowing this case,” said journalist-turned-director Julie Ha about her first documentary film, ‘Free Chol Soo Lee’ ahead of its release in Korea later this month. The second-generation Korean American recently traveled to Seoul for special pre-screenings, one of which took place
Pernod Ricard Korea has announced that the first global unveiling event of the bold and captivating second fashion collection, "Royal Salute 21-Year-Old Richard Quinn Edition 2," born from a collaboration between the prestige whisky "Royal Salute" and the acclaimed British fashion designer “Richard
A technology that maintains high hydrogen production efficiency over a long period by leveraging semiconductor technology capable of implementing a three-dimensional network structure has been developed.On Sept. 25, the Korea Advanced Institute of Science and Technology (KAIST) announced that a join