Economy
Business·Industry
TV Sales Are Sluggish, but LCD Production Costs Are Rising… A Burden on Samsung and LG Corp.’s Profitability
While global demand for TVs remains sluggish, the manufacturing costs of liquid crystal display (LCD) panels are actually rising. This is due to price increases for display glass substrates, as well a…
M&A·IB
"A 35-Year-Old Hotel to Be Completely Transformed"... The K Hotel Redevelopment Project to Break Ground in 2029
The redevelopment project for the site of The-K Hotel Seoul (hereinafter “The-K Hotel”) is proceeding with the goal of breaking ground in 2029. Upon completion, the existing site—spanning approximatel…
M&A·IB
[Exclusive] KoreaZinc Hires Former Deputy Vice Minister of Culture, Sports and Tourism from Yoon Administration to Strengthen Government Relations
KoreaZinc(010130)It has been confirmed that KoreaZinc has appointed Mr. Lee Jin-seok, who served as Deputy Vice Minister of Culture, Sports and Tourism under the Yoon Suk-yeol administration, as a man…
Business·Industry
Samsung, LG Corp., and LS to Participate in Asia’s Largest ‘Data Center World Asia (DCWA) 2026’ (Comprehensive)
SAMSUNG SDI CO.,LTD., LGELECTRONICS, and LS Cable showcased their battery, cooling, and power supply technologies side by side at Asia’s largest data center exhibition. As power consumption and heat g…
Business·Industry
SK hynix to Compensate Partners for R&D Failures… Advance Funding of Up to 50% of Development Costs
SK hynix is introducing a program to provide upfront funding of up to 50% of its partners’ research and development (R&D) costs and to reimburse those costs based on performance and contribution, even…
Business·Industry
SamsungElectroMechanics Secures 3.6 Trillion Won in Long-Term Agreements This Year Alone… Expands Supply of MLCCs for AI Servers (Comprehensive)
SamsungElectroMechanics is rapidly expanding its long-term supply agreements (LTAs), primarily for multilayer ceramic capacitors (MLCCs) and inductors used in artificial intelligence (AI) servers. The…
Business·Industry
[Breaking News] SamsungElectroMechanics Signs 290 Billion Won Supply Contract for MLCCs and Inductors with a Global Conglomerate
A panoramic view of SamsungElectroMechanics’ Suwon plant. (Photo courtesy of SamsungElectroMechanics)
SamsungElectroMechanics has signed a long-term supply agreement (LTA) worth approximately 290 …
Business·Industry
SAMSUNG SDI CO.,LTD. Unveils Battery Solutions for AI Data Centers at 'DCWA 2026'
SAMSUNG SDI CO.,LTD. made its debut at “Data Center World Asia (DCWA) 2026,” held in Singapore on the 29th, showcasing battery solutions for artificial intelligence (AI) data centers.DCWA is Asia’s la…
Business·Industry
LGELECTRONICS Adopts 'Modular' Approach to AI Data Center Cooling... Reducing Construction Time and Costs
LGELECTRONICS has unveiled a modular solution that pre-assembles data center cooling equipment—such as pumps and piping—so that on-site installation requires only connecting the units to a chiller. Th…
Business·Industry
SamsungElectronics Celebrates Jensen Huang’s Van Fleet Award in New York’s Times Square
SamsungElectronics announced on the 29th that it had aired a video on a digital billboard in New York’s Times Square congratulating Jensen Huang, CEO of NVIDIA, on receiving the “2026 James A. Van Fle…