Authorities of the Korean Intellectual Property Office (KIPO) will crack down on fake Blackpink merchandise for fans present at the local Blackpink concert.KIPO said it will crack down on counterfeit merchandise related to the girl group at the “Blackpink World Tour Finale Concert,” which will be he
SK hynix announced on September 14th that it has co-published a white paper with Intel which reveals that its DDR5 server DRAM applied to Intel’s CPUs demonstrated industry-leading performance levels. This white paper was released simultaneously on the SK hynix and Intel websites.The two companies h
TheAfrica-Korea Business Summit was hosted at the Peninsula Hotel in Paris by the Korea-Africa Foundation and the Korea Chamber of Commerce and Industry (KCCI) with support from the Ministry of Foreign Affairs of the Republic of Korea. The theme for the business summit was ‘Africa-Korean partnership
Korea Youth Foundation conducted a “2030 Youth Generation South Korea-Japan Relations Perception Survey” to analyze the demands and areas of interest concerning the view of South Korea-Japan relations among South Korean youth. The results of the survey were released on Sept. 13.The survey was conduc
After the intense 23rd round of wage and collective bargaining negotiations on Sept. 12, Hyundai Motor and its union reached a preliminary agreement. The union had initially demanded an 184,900 won wage increase (excluding rank promotions). In response, the company offered a 101,000 won increase on
The foundry (semiconductor outsourcing) industry leader, Taiwan’s TSMC, has stoked competition in the upcoming 2 nanometer (nm) ultra-fine process technology by acquiring a stake in a global extreme ultraviolet (EUV) photomask manufacturing company.According to industry sources and foreign media on
On Sept. 13, SPC Paris Baguette announced its plan to open 9 additional stores in North America this month, surpassing a total of 150 outlets in the region.First, after its debut in Canada last March, Paris Baguette is set to launch two more stores. On Sept. 14 the brand will open its second franchi
On Sept. 13, Doosan Bobcat reported that over a thousand of its employees from business locations in 12 countries worldwide took part in community service activities on Sept. 12. The activities were on a relay that started from Korea and passed through Asia, the Middle East, Europe, Africa, and the
The investment company SK enpulse of SKC’s semiconductor material business announced on Sept. 13 that it will sell its wet chemical business, currently operated in China, to local semiconductor and display material company Yaker Technology, and its cleaning business to investment specialist Sunyang
Hyundai Glovis announced on Sept. 13 that it will participate in the “BreakBulk Americas (BBA) 2023,” which will be held from Sept. 26 to 28 at the George R. Brown Convention Center in Houston, Texas, in the U.S.BreakBulk cargo refers to large, heavy freight including industrial and power generation
The Yongin Semiconductor Cluster is facing difficulties in securing stable power supply. The industrial area will include the world’s largest advanced semiconductor production facility and more than 200 fabless, materials, parts and equipment companies.The Ministry of Trade, Industry and Energy (MOT
Samsung SDS has entered the market for generative artificial intelligence (AI) services. Rather than developing its own generative AI, the company will launch services that help companies by utilizing existing large language models (LLMs) such as ChatGPT.On Sept. 12, Samsung SDI held the Real Summit
While international oil prices continue their soaring ascent, approaching the US$100 mark, the fortunes of the refining and petrochemical industries are diverging.According to industry sources on Sept. 12, the average price of Dubai crude oil, which serves as the basis for the domestic crude oil imp
Samsung Electronics is actively seeking engineers and finance personnel to work at the factory it’s constructing in Taylor, Texas. Concurrently, the company is pouring resources into university investments to nurture future foundry talent.According to industry insiders and foreign media on Sept. 12,
The large-scale imports of Chinese-made vehicles and batteries is expected to have a significant impact on the domestic car market and parts industry in Korea. The increase in Chinese imports can be attributed to competitive pricing, driven in part by rising raw material costs.Experts argue that whi
South Korea’s semiconductor industry is focusing on improving its financial health in the second half of the year, pivoting around High Bandwidth Memory (HBM) for DRAM and reducing NAND output.On Sept. 12, the semiconductor sector anticipates that DRAM prices will cease their decline and enter a sig
Amid intensifying competition for technological supremacy in high-tech industries such as the semiconductor and battery industries, R&D cooperation with the United States, a leader in original technology, is crucial for factories in Korea to become “mother factories” that serve as the brains of comp
AiiTONE pushed forward the establishment of the branch in Korea with the UAE Royal Family. It is the first time to build the Royal Family Office in overseas countries.Bruce Jeong, the chairman of Middle Investment said at a press meeting held at Josun Palace Gangnam-gu, Seoul on the afternoon of the
South Korea and China’s shipbuilding industries are fiercely competing for next-generation eco-friendly methanol-fueled ships.According to foreign media reports on Sept. 11, the Brazilian mining company Vale is proceeding with a project to order up to 12 very large ore carriers (VLOCs) powered by me
Amid the global restructuring of the semiconductor supply chain, Samsung Electronics and SK hynix are likely to be the most affected by decisions related to U.S. licenses.On Sept. 11, the Korea Institute for International Economic Policy (KIEP) reported in its Global Semiconductor Supply Chain Restr