Economy
Business·Industry
[Exclusive] Samsung’s Roh Tae-moon Convenes MX Leadership… Special Mission to ‘Transition to AX’
It has been reported that Roh Tae-moon, CEO of SamsungElectronics and head of the Consumer Electronics (DX) Division, has instructed executives of the Mobile Experience (MX) Business Division to imple…
Business·Industry
U.S. Imposes Restrictions on ‘Chinese-Made Robots’… SamsungElectroMechanics and LG Innotek Accelerate Growth in AI Components
As the U.S. restricts new market entry by foreign-made advanced robots on national security grounds, the restructuring of the North American robotics supply chain is expected to accelerate. SamsungEle…
Business·Industry
Samsung Focuses on 'Technology,' SK on 'Ecosystem'… Two Distinct Approaches to AI Memory Strategy
SamsungElectronics and SK hynix have unveiled different strategies targeting the next-generation artificial intelligence (AI) memory market. While SamsungElectronics is focusing on securing a technolo…
M&A·IB
Lotte Rental Acquisition: A More Complicated Equation… 'Merger Review' Remains a Challenge [Market In]
The sale of Lotte Rental’s controlling stake is shifting from a situation where private equity fund (PEF) manager Texas Pacific Group (TPG) was the sole bidder to a competitive bidding process. The si…
Business·Industry
Gangwon Land’s High1 Snowboard Team Begins Mentoring Junior Athletes, the Fruit of 20 Years of Development
The Gangwon Land High1 Snowboard Team demonstrated the virtuous cycle of sports development it has maintained for 20 years by providing one-on-one lessons to youth athletes during a training camp in Switzerland. The system, in which former professional athletes mentor younger athletes, offers positive insights for the domestic sports community, and Gangwon Land has consistently invested in less popular sports and the discovery of promising young talent.
Financing
[Market In] KGINICIS CO.,LTD. Joins Forces with Han Shin Rating to Strengthen Digital Finance Business
KGINICIS CO.,LTD.(035600)is partnering with Korea Credit Rating Agency (KCR) to expand its data-driven digital finance business.
Lee Seon-jae, CEO of KGINICIS CO.,LTD. (fourth from the right), sign…
Bonds·FX Policy
[Market In] Samyang Packaging Returns to Public Bond Market After Two Years… Issues 60 Billion Won
Samyang Packaging (A-), a PET packaging specialist under the Samyang Group, is returning to the public corporate bond market for the first time in two years. The company plans to raise 60 billion won …
Finance
Kbank Expands Services to Reduce Telecom Bills and Offer AI Auctions… Strengthening “Everyday Finance”
#Kbank is enhancing its artificial intelligence (AI) capabilities to provide real estate auction information. It is also launching lifestyle-oriented services ranging from comparisons of budget mobile…
Insurance
SamsungFire&MarineInsurance Hosts 'Car Meet' Automotive Culture Festival… Featuring Classic Cars, Tuned Cars, and More
SamsungFire&MarineInsurance announced on the 6th that it will host “Night Car Meet,” a nighttime car culture festival, in front of the Mobility Museum exhibition hall in Yongin, Gyeonggi Province, fro…
Financing
Investment-Grade Default Rate Surpasses Speculative-Grade… Investor Sentiment Toward Subprime Bonds Has Frozen Even Further
Analysts say that the “default rate reversal”—a phenomenon in which defaults on investment-grade corporate bonds have outpaced those on speculative-grade bonds since the start of this year—is further …