Hanwha Solutions Q CELLS Division is set to simultaneously launch a new series of solar modules, the Q.TRON G2, in Korea and Europe in February. Following its pioneering mass production of the globally dominant Passivated Emitter Rear Cell (PERC) cells and modules, Hanwha Q CELLS now becomes the fir
ONDA, a South Korean hospitality technology startup, has forged a strategic partnership with Dunqian International, a leading Taiwanese hotel group, to promote tourism in Taiwan.ONDA announced it has signed a Memorandum of Understanding (MOU) with Dunqian International, Taiwan's leading smart hotel
FILA announced on Feb. 5 that Chairman Gene Yoon met FILA+ Creative Director Lev Tanju in Seoul on Feb. 1 to discuss their upcoming global premium line, marking a momentous step in the brand’s history spanning over 100 years.Tanju, the founder of world-renowned skatewear brand Palace and one of the
The government has announced its plan to expand the global Korean cuisine industry to a scale of 300 trillion won by 2027. The strategy involves increasing the number of overseas Korean restaurants to 15,000 and more than tripling the number of Michelin-starred Korean restaurants compared to the cur
GS E&C’s business license has been suspended for eight months for the collapse of an underground parking lot that occurred in 2023. A lot of attention is now being paid to whether its business operations will be affected by the suspension.According to sources in the construction industry on Feb. 2,
The Consumers Union of Korea (CUK) revealed on Feb. 1 that consumer complaints related to AliExpress, an e-commerce platform operated by China’s Alibaba, have surged significantly.According to the CUK, the Consumer Consultation recorded a fivefold increase in complaints related to AliExpress last ye
Alibaba’s international service, AliExpress, has been attracting Korean brands with a ‘zero commission’ policy, potentially disrupting the domestic e-commerce market dominated by Coupang and Naver Shopping.According to the retail industry on Jan. 30, AliExpress is waiving commission fees for Korean
China’s e-commerce giant AliExpress continues to face ongoing controversies in the domestic market, with persistent debates surrounding the sale of counterfeit products and product quality.According to industry sources on Jan. 23, the Chinese cross-border e-commerce platform AliExpress has recently
China Unicom Beijing and Huawei have successfully deployed a pilot large-scale 5.5G network in Beijing to provide continuous coverage in three key areas, including Beijing Financial Street in the city center, the landmark Beijing Long Distance Call Building, and multipurpose Workers' Stadium. This f
Hyundai Mobis (KRX 012330) has rewritten the history of overseas orders for global automakers by capitalizing on the ‘electrification’ trend last year. Surpassing its annual target significantly, Hyundai Mobis has inaugurated the era of overseas orders exceeding KRW 10 trillion. The company plans to
Samsung Electronics is set to revolutionize the Chinese smartphone market with its upcoming artificial intelligence (AI) phone, the Galaxy S24 series, featuring Baidu's generative AI. This strategy, aimed at enhancing AI service quality through collaboration with various AI partners and capturing th
The world’s most efficient quantum dot (QD) solar cell has been developed by the Ulsan National Institute of Science and Technology (UNIST). A quantum dot solution and a device used in the development of the solar cell can maintain high performance even after long-term storage, taking a step closer
Experts are anticipating that the economic growth rate for South Korea will reach 2.2 percent this year. This aligns with the forecasts presented by the government and the International Monetary Fund (IMF), both indicating a 2.2 percent growth. It slightly surpasses the Bank of Korea’s projection of
The Korean steel industry is preparing to file an anti-dumping case against cheap Chinese and Japanese hot-rolled steel products.The Korean steel industry led by POSCO is preparing to file an anti-dumping complaint against Chinese and Japanese steel products, according to sources in the steel indust
Com2us will launch three new games for the global game market in different genres in the first half of the year. “Our goal is to see all three new games reach top 10 in sales in the global market,” said Han Ji-hoon, head of the game industry division at Com2us.Com2us revealed the details of the thre
Kang Stem Biotech announced on Jan. 24 that it received final approval from the Japanese Ministry of Health, Labour and Welfare on Jan. 23 for its application for recognition of the manufacture of specific cell processed products.Through this approval, the company will receive adipose tissue from pa
Hyundai Wia announced on Jan. 24 that it signed contracts to supply a total of 1.450 trillion won (US$1.086 billion) worth of constant velocity joints with European and North American automakers in 2023.Constant velocity joints are core parts of automobiles that transmit power generated by motors or
Representatives of foreign chambers in South Korea, including those from the United States, Europe, and Japan, have proposed plans for improvement to boost investment in South Korea.The Korea Chamber of Commerce and Industry (KCCI) held the “2024 Foreign Chamber Day: Meeting with Foreign Chambers in
On Jan. 24, the Korea Water Resources Corporation (K-water) signed a memorandum of understanding (MOU) for the development of technology to optimize the quality of water resource satellite imagery with the German Aerospace Agency. The agreement took place at the K-water Research Institute in the Yus
Pernod Ricard Korea Co., Ltd. (hereafter “Pernod Ricard Korea”) has announced that it is launching ‘The Glenlivet 21YO’, which offers unexampled softness based on The Glenlivet’s unique craftsmanship.This new product is a renewal of the existing ‘The Glenlivet 21 Year Old’. By applying a new whisky