Economy
Business·Industry
Hanon Systems Begins Full-Scale Sales of Thermal Management Components at Hankook Tire’s T-Station Locations
Hanon Systems’ key aftermarket products. (Photo courtesy of Hanon Systems)
Hanon Systems is stepping up its efforts to tap into the domestic automotive repair parts market by leveraging “T-Station…
Business·Industry
HYUNDAI ROTEM Seeks to Export Its First Hydrogen Tram to Egypt
Camel Al-Wazir, Egypt’s Minister of Transportation (left), and Lee Yong-bae, President and CEO of HYUNDAI ROTEM, sign a memorandum of understanding (MOU) on cooperation to build a hydrogen-electric tr…
Business·Industry
LG Energy Solution, Third-Quarter Revenue of 9.6 Trillion Won Sets Record… Operating Profit Exceeds Forecasts by More Than Double (Comprehensive)
LG Energy Solution surpassed 9 trillion won in revenue in the third quarter of this year, achieving its highest quarterly revenue to date. Operating profit also reached 756 billion won, marking two co…
Business·Industry
HiM Solutech Expands AI Data Center Cooling Management… to Include Liquid Cooling as Well
HiM Solutech, an LGELECTRONICS subsidiary specializing in heating, ventilation, and air conditioning (HVAC) maintenance, is expanding the scope of its cooling system management for artificial intellig…
Business·Industry
“They Said the Hotel Was 100,000 Won, but When It Came Time to Pay, It Was a Different Story”… The Fair Trade Commission Catches the Trick
When booking a hotel or travel package, adding fees that must be paid on top of the initially quoted price during the payment process may constitute a violation of the Electronic Commerce Act. In prin…
Business·Industry
[Breaking News] LG Corp. Reports 3Q Operating Profit of 756 billion… Up 25.7% Year-Over-Year
LG Energy Solution surpassed 9 trillion won in revenue for the third quarter of this year, achieving its highest quarterly revenue to date. Operating profit also reached 756 billion won, marking two c…
Business·Industry
Kim Seong-yeon, Largest Shareholder of OSCOTEC Inc., Seeks Board Seat: “No Will to Change the Board; I Will Take Action Myself” [only-EDAILY]
Kim Seong-yeon, a director at Genosco and the only son of former OSCOTEC Inc. founder Kim Jeong-geun as well as the largest shareholder of OSCOTEC Inc.(039200), is moving to restructure the board of d…
Business·Industry
LG Corp. Secures 240,000 Metric Tons of Lithium Concentrate in Canada… Enough for 700,000 Electric Vehicles
LG Energy Solution has secured lithium concentrate capable of producing batteries for approximately 700,000 electric vehicles in Canada. The company’s strategy is to establish a North American supply …
Business·Industry
"Breaking the 100 Trillion Mark": SamsungElectronics Sets Another Record… Will It Hit 130 Trillion Next Year?
SamsungElectronics posted an operating profit of over 100 trillion won in a single quarter. This marks a first for a South Korean company, as the artificial intelligence (AI) supercycle continues to m…
Business·Industry
Exploring the Future of the Content Economy
“2026 Content Universe Korea” will be held over two days, on the 16th and 17th, at the Goyang Flower Exhibition Hall in Goyang Ilsan Lake Park under the theme “The Infinitely Expanding Content Economy…