Economy
Business·Industry
Government Pushes for Casino Fund and 5-Year Renewal... Tourism Industry Protests, Citing "Investment Hindrances" [Tourism Biz]
The government has come into direct conflict with the tourism industry as it pushes forward with plans to raise the contribution rate for the Casino Tourism Promotion and Development Fund and introduc…
Business·Industry
Hankook Tire to Supply Three Variants of Its 'Ion' Tires for BMW's i7 Electric Sedan
The BMW i7 in action. (Photo courtesy of Hankook Tire)
Hankook Tire ( HANKOOK TIRE & TECHNOLOGY(161390)) announced on the 6th that it will supply three types of its electric vehicle-specific “iON”…
Business·Industry
Koo Kwang-mo to Meet with Jensen Huang in the U.S. Next Week… 'Physical AI Alliance' Takes Shape
LG Corp. Chairman Koo Kwang-mo is set to meet with NVIDIA CEO Jensen Huang in Silicon Valley, U.S., next week. This comes about two months after their meeting in Seoul last June. As the two sides have…
Business·Industry
Why Are Korean Companies Turning Their Attention to Taiwan? Trade Shows Emerge as Global Business Connectivity Platforms
"Taipei 101" (TAIPEI 101), Taiwan’s tallest building and a landmark. (Photo: TAITRA)
In June of this year, during “COMPUTEX TAIPEI,” NVIDIA CEO Jensen Huang hosted “Korea Partner Night” at a local…
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…
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.
Business·Industry
FINE TECHNIX CO., LTD Wins Contract for Energy Efficiency Project at NEXENTIRE’s Changnyeong Plant… “Securing a Future Growth Engine”
FINE TECHNIX CO., LTD ( FINE TECHNIX CO., LTD(106240)), a company specializing in light-emitting diode (LED) lighting, is accelerating its push into the high-value-added eco-friendly market by securin…
Business·Industry
'Korea Build,' 'Bank Art Fair,' 'Design Summit'… This Week's Must-See Events
Edaily, a comprehensive daily economic newspaper, delivers a wide range of information and news from the domestic and international MICE (Meetings, Incentives, Conventions, and Exhibitions) industry. …