Economy
Business·Industry
LG Corp. Formalizes AI Alliance with NVIDIA… Over 30 Executives in Attendance
LG Corp. is sending key executives and staff to the U.S. to engage in follow-up discussions aimed at expanding its artificial intelligence (AI) collaboration with NVIDIA. This move comes after a meeti…
Business·Industry
General-Purpose DRAM Surpasses HBM Margin Rates… Earnings Expectations for Samsung and SK Hynix Soar
As prices for general-purpose DRAM have skyrocketed due to rising memory demand driven by expanding global investment in artificial intelligence (AI) infrastructure, revenue per wafer has actually sur…
Bonds·FX Policy
Chilly Conditions in the Corporate Bond Market… Hotel Lotte and CHONGKUNDANG HOLDINGS CORP. Conduct Bookbuilding
As the liquidity crisis at JoongAng Group spreads across the entire group, dampening investor sentiment in the credit market, only two companies—Hotel Lotte and CHONGKUNDANG HOLDINGS CORP.—will conduc…
M&A·IB
A Homegrown App Store That Dreamed of a “1 Trillion Valuation”… The 10-Year Ordeal of OneStore
OneStore, once the pride of Korea’s homegrown app markets, has finally been sold to a blockchain game company. The sale price is in the 600억 won range. OneStore, which launched ambitiously 10 years ag…
Business·Industry
Global Memory Market to Reach 1,500 Trillion This Year… Demand to Surge Through Next Year
As demand for artificial intelligence (AI) infrastructure investment continues, the AI memory market is also growing steadily. The global memory market is projected to reach 1,500 trillion won this ye…
Business·Industry
Domestic Electric Vehicle Sales See 'Surprise Rebound'… Will This Give LG Energy Solution and SK On Some Breathing Room?
As the domestic electric vehicle (EV) market shows an unexpected recovery, expectations are rising for the battery industry. Amid growing concerns that the EV chasm (a temporary stagnation in demand) …
Business·Industry
[Notice] Pharm e-Daily to Host “Seminar on Strengthening the Competitiveness of K-Bio Exports to the U.S.”
Edaily’s premium bio content service, “PharmEdaily,” will host a seminar titled “Strengthening the U.S. Export Competitiveness of K-Pharma, Bio, and Healthcare (hereinafter ‘Bio’) Companies.” The even…
Business·Industry
LG Electronics to Launch Business Recycled Refrigerants and Refurbished Products… Expanding the Resource Circulation Ecosystem
LG Electronics is accelerating efforts to build a resource circulation ecosystem by recovering and recycling refrigerants from end-of-life appliances and launching a pilot project for its refurbished …
Business·Industry
Tapping into Summer Home Decor Demand… Hyundai Livart Offers Up to 55% Off on Furniture
#Hyundai Livart, a comprehensive interior design company affiliated with the Hyundai Department Store Group, has set out to capture summer home decorating demand. As the peak of summer heat approaches…
Business·Industry
BioPlus Signs Overseas Distribution Agreement with JD Bio for HA Fillers
BioPlus (left) and JD Bio (right) logos (Photo courtesy of BioPlus)
#BioPlus announced on the 18th that it has signed an overseas exclusive distribution agreement with JD Bio for its hyaluronic ac…