Taiwan’s stock market has reached an all-time high, propelled by the surge in Taiwanese technology stocks, including TSMC, amid the global semiconductor boom. The narrowing gap in market capitalization with the domestic stock market has narrowed to approximately US$4 billion.According to the Taiwan
On March 15, Chong Kun Dang announced that as part of the Harvard Business School's 'Korea Trek 2024' program, 55 students visited its headquarters on March 13th.The Harvard Business School Korea Trek is a training program that introduces students to Korean culture, society, industry, and history. I
Samyang ROUNDSQUARE announced on March 20 that its Spicy Buldak Ramen was featured as a leading example of K-Ramen on the British micro-documentary channel Great Big Story.Launched in 2015, Great Big Story is a channel that produces micro-documentaries on a variety of fields including food, hobbies,
HD Hyundai Construction Equipment recently announced on March 20 that it has signed a contract for the supply of 60 construction machines, including 6 units of 34-ton large excavators and 36 units of 22-ton medium excavators in Sudan.Despite a nearly half decrease in excavator sales in the African m
The possibility of exporting South Korea’s indigenous helicopter, Surion, to Iraq is increasing. Following visits by high-ranking Iraqi military officials, the Iraqi Defense Minister’s visit to South Korea has heightened discussions about the introduction of the Surion. The potential first export of
Investment in 12-inch (300 mm) fab (semiconductor production plant) equipment is expected to surpass US$100 billion by 2025 and reach US$137 billion by 2027.The International Semiconductor Equipment and Materials Association (SEMI) reported on March 20 in its “300 mm Fab Outlook” that investment in
Samsung SDI, a leader in the all-solid-state battery (ASB) sector, has reconfirmed its goal to start mass production of all-solid-state batteries in 2027.During the annual general meeting held on March 20 at The K Hotel Seoul in Seocho District, Seoul, Choi Yoon-ho, CEO of Samsung SDI, announced, “W
LG Chem announced on the 20th that it will exhibit eco-friendly plastic materials made from carbon dioxide at Cosmoprof Bologna 2024, held on the 21st in Bologna, Italy, to secure customers.The Cosmoprof exhibition is the world’s largest beauty industry expo, with participation from approximately 3,
Samsung Electronics, which lost its lead to SK hynix in the high bandwidth memory (HBM) market, which is becoming known as the AI semiconductor market, has drawn its sword for a counterattack.The company plans to shake up the AI semiconductor market by launching a new concept of "AI accelerator" (a
Samsung Display and LG Display, the two major Korean display makers, have begun the second round of their battle in the display market. Unlike LG Display, which makes large-sized panels, Samsung Display makes smash hits focused on small and medium-sized panels. LG Display is trying to reverse its fo
Thanks to the booming export of Hallyu content such as dramas, movies, and webtoons, South Korea’s trade balance in intellectual property rights achieved its largest annual surplus in history last year.According to statistics released by the Bank of Korea (BOK) on March 20, the provisional trade bal
Nexen Tire is consolidating its three European bases -- Czech Republic, Germany, and Italy -- into a single Czech corporation. This initiative aims to streamline business operations by centralizing dispersed bases within Europe. There is keen interest in whether Nexen Tire, which encountered setback
Bereum, a pioneering force in postbiotic, has recently inked a strategic collaboration with Hyundai Corporation Group to venture into the North American market. The contract, valued at $10 million, marks a significant milestone in the company's journey, positioning it as the sole domestic competitor
A high-power (120kV, 60kW) electron-beam welding system has been developed for the first time in the country, paving the way to the domestic production of a local vacuum high-power electron-beam welding system, the key equipment for the welding of small modular reactors (SMRs).For the first time in
Coway Co., Ltd., the “Best Life Solution Company,” showcased its product lineups at the Inspired Home Show held at McCormick Place in Chicago, USA, from March 17th to 19th, 2024, aiming to accelerate its penetration into the North American air purifier market.The Inspired Home Show is the largest ho
While major countries such as the United States, Japan, and the European Union (EU) are rushing to provide subsidies for semiconductors, there are growing voices that Korea will lose the global semiconductor war if it does not subsidize Korean companies such as Samsung Electronics and SK hynix, citi
The trade conflict between the U.S. and China has spilled over into the shipbuilding industry and Korean shipbuilders that compete with China for the No. 1 spot in the global shipbuilding market are expected to benefit from this situation.According to industry sources, the U.S. Trade Representative
The online stock trading platform Webull, which is gaining popularity among global individual investors based on its commission-free policy, is entering the domestic securities market in Korea. Consequently, there are concerns that individual investors who currently invest in the U.S. stock market t
Samsung C&T has sold the rights to a solar power project of 200 megawatts (MW) to Hanwha Solutions. The sale comes after all preparatory work for the construction of the solar power plant was completed, suggesting that Samsung C&T disposed of the project to recover its investment.According to the in
On March 19, the Anti-Corruption Investigation Division of the Seoul Metropolitan Police Agency conducted a search and seizure at the headquarters of KG Mobility (KGM) in Pyeongtaek City, Gyeonggi Province. The CEO of KGM, Jung Yong-won, and employees have been under investigation for embezzling com