KT announced on Sept. 15 that they have proposed an AMI solution, considered one of the essential infrastructures for national reconstruction, at the Korea-Ukraine Reconstruction Cooperation Forum held in Kyiv, Ukraine, on Sept. 14 under the auspices of the Ministry of Land, Infrastructure, and Tran
South Korea has taken the first step toward injecting US$2.3 billion into Ukraine’s reconstruction.The Ministry of Land, Infrastructure and Transport (MOLIT) of South Korea organized the first public-private Ukraine Reconstruction Cooperation Delegation and sent the delegation to Ukraine’s capital c
SK telecom signed a memorandum of understanding (MOU) with the Seoul Veterinary Medical Association (SVMA) to expand healthcare for pets using artificial intelligence (AI) on Sept. 15.SK telecom and the Seoul Veterinary Medical Association will cooperate to establish an AI-based pet care system by s
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
KT announced on Sept. 11 that it has signed a memorandum of understanding (MOU) with Singapore Post (SignPost), Singapore’s public postal and logistics company, to jointly develop a new business model.Through this collaboration, KT and SingPost will run pilot programs for digital logistics transport
KT&G recently held an agreement ceremony to receive investment support from the Ministry of Investment for the construction of a new factory in East Java province, positioning it as an export hub in Indonesia.On Sept. 6, at the headquarters of the Ministry of Investment in Jakarta, Baek Bok-in, the
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Compared with April, Hong Kong and Singapore investors’ outlook toward the Internet sector has improved considerably. We anticipate AI-related momentum and earnings recovery at Internet firms. In
Deputy Prime Minister and Minister of Strategy and Finance Choo Kyung-ho met with Uzbekistan’s Deputy Prime Minister for Economic Affairs to finalize a plan to enable Korean companies to receive an unpaid amount for the Surgil Project after six years.According to the Korean Ministry of Trade, Indust
As global demand for offshore wind power continues to grow, the associated submarine cable market is also rapidly expanding.According to industry sources on Sept. 8, the Taiwanese government has begun the selection process for development companies related to offshore wind power projects for 2028-20
KT is set to enhance the performance of its mega-scale AI ‘Mi:dm’ in collaboration with the Vector Institute of Canada, one of the world’s premier AI research institutions.On Sept. 5, KT revealed that it had discussed collaboration in the mega-scale AI domain with the Vector Institute at the KT Inst
On March 10, 2013, KT entered into a Memorandum of Understanding (MOU) with the Rwandan government to establish a joint venture aimed at constructing an ultra-high-speed wireless network based on 4G LTE technology.According to industry sources on Sept. 4, KT recently filed a lawsuit against the Rwan
On Sept. 4 (local time) at the world’s largest motor show, IAA Mobility 2023 in Munich, Germany, Samsung SDI revealed for the first time its lithium manganese iron phosphate (LMFP) battery, which adds manganese to lithium iron phosphate (LFP) cathodes.Samsung SDI, which has been focusing on producin
KT announced on Aug. 31 that it will be hosting a conference with the Global System for Mobile Communications Association (GSMA) named Mobile 360 Asia Pacific (M360 APAC) at the Westin Chosun Hotel in central Seoul Sept. 7-8.The M360, held continentally, witnesses participation from over 1,000 major
The food and alcoholic beverage industry has fallen into a unique pop-up store. In particular, pop-up stores with stories that can show the brand's philosophy, history, and characteristics, not just introducing products, are increasing. In this era when pop-up stores have become a necessity, not an
Prosecutors have launched a raid on the headquarters and subsidiary of KT Corp as part of an investigation into suspicions of embezzlement. According to industry sources on Aug. 28, the Fair Trade Investigation Division of the Seoul Central District Prosecutors’ Office, led by Chief Prosecutor Lee J
Hyundai Mobis (KRX: 012330) is poised to outline its electrification-centric vision at the apex of the European mobility show. The company is positioning itself to appeal to Europe's leading automotive companies, renowned for its rigorous standards in technical excellence and dependability. The stra
The author is an analyst for Shinhan Securities. He can be reached at jk.ahn@shinhan.com -- Ed.US government and Fed seek to bring down inflation without a recessionThe US Fed is seeking to stabilize inflation at lower levels without a recession in hopes of avoiding a repeat of the 1970s. It has rai
ABSOLUT premium vodka, Pernod Ricard Korea’s flagship brand, is collaborating with Sticky Monster Lab to open a pop-up space called ‘ABSOLUT Ground’ mix with Sticky Monster Lab at Common Ground near Konkuk University in Gwangjin-gu, Seoul.Our second pop-up space following last year’s ‘ABSOLUT Home’
Global leading tire company Hankook Tire & Technology (Hankook Tire) has published its 2022/23 ESG Report, highlighting its sustainability activities, performance, and mid- and long-term strategies for the year.Based on Hankook Tire’s environmental, social, and governance (ESG) vision system – “Inno
The Korean Ministry of Science and ICT will enter the global market for open radio access network (ORAN) services in earnest with the public-private partnership front and center.On Aug. 16, the ministry announced the direction of its ORAN policies and will hold a proclamation ceremony for the ORAN I