Economy
Business·Industry
Cellid Co., Ltd. and BLUEMTEC CO., LTD. See Volatility on News of Management Control Sale… Inventera Inc. Rises [Bio Spotlight]
On the 22nd, news of management control sales by biotech companies drew significant attention in the pharmaceutical and biotech industry. Shares of vaccine developer Cellid Co., Ltd. surged after it a…
Finance
“Mom, I’m going to give you 10 million won this time”… Is tax applied to Chuseok pocket money?
The days of receiving pocket money from my parents during the holidays are long gone. Now that I’m a full-fledged working adult, it’s only right to show my parents my appreciation. There are many ways…
M&A·IB
Burger Chain M&A Battle… Mom’s Touch Focuses on ‘Profitability,’ Burger King on ‘Tim Hortons’ [Market In]
Two domestic hamburger franchise businesses are seeking new owners through different approaches. Mom’s Touch has opted for a competitive bidding process, while BKR, the operator of Burger King, has ch…
Business·Industry
LG Display Withdraws Plan to Sell Automotive LCD Module Business in Nanjing, China
LG Display has withdrawn its plan to sell the automotive LCD module business of its Nanjing, China subsidiary, which it had been pursuing to streamline its operations.
A panoramic view of the LG D…
Business·Industry
No Time to Rest Even During Chuseok… Jay Y. Lee, Chey Tae-won, and Koo Kwang-mo Head Abroad
Even during the Chuseok holiday, business leaders are focusing on their management strategies both at home and abroad. SamsungElectronics Chairman Jay Y. Lee is expected to visit overseas business sit…
Business·Industry
The Growing AI PC Market… Samsung and LG Corp. Compete to Reduce Power Consumption in OLEDs
As AI PCs become more widespread, competition over low-power technology is heating up in the domestic display industry. Since manufacturers must boost AI computing performance while ensuring battery l…
Business·Industry
LGELECTRONICS Forms Girl Group to Promote Washing Machines… “AI-DOL” Makes Debut on Music Show
“AI-DOL,” a five-member girl group created by LGELECTRONICS specifically to market its washer-dryers, has kicked off its full-scale activities with appearances on music shows and the release of a digi…
Business·Industry
SamsungElectronics' LPDDR6 Is the First in the Industry to Be Validated on Qualcomm's Next-Generation Platform
SamsungElectronics is accelerating its push into the on-device artificial intelligence (AI) memory market by validating its low-power memory, LPDDR6, on Qualcomm’s “Snapdragon 8 Elite Extreme 6th Gene…
Business·Industry
Samsung Takes Urgent Action on Refrigerator Software Update Glitch… “Prioritizing the Handling of Reports of Malfunctions”
SamsungElectronics has launched an emergency response—including dispatching engineers even during the Chuseok holiday—in response to operational errors occurring in some refrigerators following a soft…
Business·Industry
World Korean Business Leaders Conference, Industry-Academia-Research Collaboration Expo… This Week’s Major Events
The BeLT, the tourism and MICE news team of the comprehensive daily economic newspaper Edaily, presents a variety of updates from the domestic and international MICE (Meetings, Incentives, Conventions…