Off-road environment recognition technologies for detecting extraneous substances such as dust, mud, snow, or rain during off-road autonomous driving of construction machinery, agricultural machines, and unmanned ground vehicles (UGVs), and removing the sensor signals of these substances on a real-t
Samsung Electronics Co., Ltd., a world leader in advanced memory technology, today announced that it has developed the industry's first LPDDR5X DRAM supporting the industry’s highest performance of up to 10.7 gigabits-per-second (Gbps).Leveraging 12 nanometer (nm)-class process technology, Samsung h
It has been more than a month since AliExpress received a voluntary agreement proposal from the Korea Consumer Agency (KCA) to block hazardous and harmful products but the agreement has not yet been signed yet. Recently, AliExpress has been caught selling deleterious products one after another and i
The Korea Research Institute of Ships and Ocean Engineering (KRISO) announced on April 16 that it has launched a new research program aimed at developing core technologies for small modular reactor (SMR)-powered ships and floating SMR power generation platforms from this year through 2028.SMRs, a ze
It has been revealed that the market capitalization of the domestic stock market surged by nearly 100 trillion won in the first quarter of this year.According to the corporate analysis firm Korea CXO Research Institute on April 16, the total market capitalization of 2,692 stocks, excluding preferred
Amid the surge in the Korean won against the U.S. dollar, reaching close to 1,400 won, dividends from listed companies, often heavily held by foreign investors, are continuing to flow. During this period, foreign investors are set to receive dividends totaling over 6 trillion won. If foreign investo
Starting this year, the Restricted Stock Unit (RSU) agreements agreed upon by the heads of conglomerates and their family members will be subject to mandatory disclosure. Consequently, companies affiliated with major corporate groups are obligated to disclose the status of RSUs, not only for listed
A forecast suggests that SK hynix’s operating profit is expected to surge to around 2 trillion won, marking a turnaround to profitability compared to the same period last year, ahead of the earnings announcement scheduled for April 25.According to financial information provider FnGuide on April 16,
On April 16, SK networks announced through the electronic disclosure system that it has selected Affinity Equity Partners, a Hong Kong-based private equity fund (PEF) manager, as the preferred bidder for the sale of its subsidiary, SK rent-a-car, which is the second-largest car leasing company in So
The scale of The Line project in Saudi Arabia is expected to be significantly reduced compared to the original plan. The Line is a large-scale project that was expected to cost up to 700 trillion won. As a result, Korean builders are expected to significantly lower the level of their anticipation fo
Finance ministers of Korea, the United States, and Japan will meet for the first time ever in Washington, D.C., the United States on April 17.The Ministry of Strategy and Finance announced on April 16 that Deputy Prime Minister and Minister of Finance Choi Sang-mok will leave for the United States t
HD Hyundai Group’s shipbuilders have achieved 73 percent of this year’s order target in the first 100 days of this year. In particular, they are enjoying a boom in eco-friendly ships for the first time in 15 years, as they have been selecting only high-value-added vessels to fill its docks.According
Much attention is paid to geopolitical risks in the Middle East, which have accounted for the largest share of overseas construction orders to Korean construction companies in the first quarter of this year.A total of 183 Korean construction companies won 171 orders in 63 countries around the world
Hybrid cars overtook gasoline cars for the first time in the imported car market in Korea in the first quarter of this year.According to the Korea Automobile Importers & Distributors Association, hybrid vehicles accounted for 47.5 percent (25,908 units) of newly registered imported cars from January
Samsung Electronics Chairman Lee Jae-yong (left) and BMW CEO Oliver Zipse (right) talk about BMW’s latest electric car, the New i7, at the BMW Driving Center in Yeongjongdo, Incheon, Korea, in December 2022.Germany’s BMW Group said on April 15 that it bought about 6.535 trillion won worth of auto pa
South Korean cosmetics companies such as LG Household & Health Care and AmorePacific are reducing their reliance on the Chinese market and aggressively increasing their market share in the United States.According to statistics from the Korea Customs Service on April 15, the export amount of Korean c
With Coupang significantly increasing the subscription fee for its paid membership service, “Wow Membership,” last week, a “membership showdown” has commenced in the retail industry. This move comes amid continued aggression from Chinese e-commerce giants such as AliExpress and Temu, expanding the f
Despite major overseas luxury brands achieving astronomical sales figures in South Korea last year, it has been revealed that many of them either reduced their donations or completely abstained from contributing compared to the previous year. This trend suggests a confidence among these brands that
The government plans to expand maritime transport capacity to 140 million tons by 2030. Additionally, it has decided to increase the national shipping fleet to 2 million TEUs.The Ministry of Oceans and Fisheries unveiled the “Plan for Stabilizing Management and Improving Vitality of the Maritime Ind
In November 2023, Lucid Kitchen opened its offline shop in Woluwe-Saint-Lambert, boasting a high-level commercial and residential culture comparable to the 17 districts of Paris, which have the highest income in Europe, attracting attention from various local Europeans.Thanks to the popularity of Ka