Economy
Business·Industry
Korea Federation of Service Industry Associations to Hold Seminar on Legislative Tasks for Modernizing the Service Industry on the 28th
A forum will be held to explore solutions for fundamentally improving the structure of the domestic service industry.The Korea Federation of Service Industries and the office of National Assembly Memb…
Business·Industry
LG Innotek to Serve as the "Eyes" of Amazon's Robo-Taxis… Long-Term Supply of Camera Modules to Zoox
LG Innotek’s automotive camera modules will serve as the “eyes” of Amazon’s autonomous robo-taxi, “Zoox.” By extending the camera technology it has accumulated through smartphones to commercial robo-t…
M&A·IB
[Market In] Japan, Once an Easy Place for IPOs, Has Changed… Companies Now Weigh ‘Exit’ Possibilities First
"When domestic startups are asked where they hope to expand overseas, 'Japan' is the second most frequently mentioned destination after the U.S. However, as Japanese investors prioritize 'exits' (retu…
M&A·IB
[Market In] TS Invest’s 18th M&A Fund on Track… Over 150 Billion Won in Capital Raising Within Reach
TS Investment’s 18th M&A fund, currently under formation, is expected to exceed its initial target size thanks to a series of capital commitments from institutional investors (LPs). As discussions reg…
Business·Industry
Memory Chips Gain the Upper Hand Thanks to AI… 'First Ever' Reversal in Non-Memory Chip Sales
Forecasts indicate that memory semiconductor sales will surpass non-memory sales for the first time in history this year. While the competition in artificial intelligence (AI) has traditionally focuse…
Business·Industry
Samsung Expands Its Robotics Business… Significantly Increases R&D Workforce and Investment
SamsungElectronics is launching a company-wide push to develop its robotics business as a key future growth engine. The number of research and development (R&D) personnel at Rainbow Robotics, a subsid…
Business·Industry
'Insulating Film' Emerges as a New Bottleneck for AI Chips… Circuit Board Production Plummets
Bottlenecks in the artificial intelligence (AI) semiconductor supply chain are spreading from wafers and high-bandwidth memory (HBM) to insulating films for packaging substrates. This is because as AI…
Business·Industry
In response to the question, “Has the Avante become too expensive?”… What did Hyundai Motor’s CEO say?
Amid ongoing consumer complaints regarding the price increase for Hyundai Motor’s recently launched 8th-generation “The All-NewAvante,” Hyundai Motor CEO José Muñoz explained that rising raw material …
Financing
[Exclusive] Lotte Corporation Takes a 'High-Stakes Bet on Responsible Management' for LOTTE CHEMICAL CORPORATION's Structural Reform… Submits Letter of Commitment to Provide Support
Lotte Corporation(004990), as the major shareholder, is lending its support to LOTTE CHEMICAL CORPORATION(011170)’s petrochemical restructuring and strengthening responsible management. Despite having…
Bonds·FX Policy
[Market In] JB Financial Group Co., Ltd., iM Financial Group Co., Ltd., and ShinhanFinancialGroup Co.,Ltd. Move to Boost Capital… to Issue Perpetual Bonds in September
Financial holding companies such as JB Financial Group Co., Ltd., iM Financial Group, and ShinhanFinancialGroup Co.,Ltd. are set to issue hybrid capital securities (perpetual bonds) in quick successio…