Economy
Business·Industry
Global Battery 'Final Battleground'… CATL to Build Largest Production Base Outside China in Europe
Chinese battery manufacturer CATL has begun trial production at its battery cell plant in Debrecen, Hungary. By establishing its largest production base outside of China in Europe, the company is movi…
Business·Industry
AI Data Centers Are Expanding Faster… Samsung and LG Corp. Accelerate Efforts to Tackle ‘Cooling’ Challenges
As the number of artificial intelligence (AI) data centers grows rapidly, the cooling market—which cools the heat generated by servers—is expanding alongside it. In particular, high-performance AI chi…
Business·Industry
COSMAX, INC.: 27, Kolmar: 50... Cost Savings in the Billions Through In-House Integration of Outsourced Work and Projects
#Public relations agency A has recently been requiring its employees to take training in “vibe coding” (a method where a person describes the required functions in natural language, and generative AI …
Business·Industry
Samsung Electro-Mechanics Secures Additional MLCC Orders Worth 285.6 Billion Won… Supply Contracts Estimated at About 4 Trillion Won This Year (Comprehensive)
Samsung Electro-Mechanics has signed a 285.6 billion won supply contract for multilayer ceramic capacitors (MLCCs) with a major global corporation. As demand for high-performance MLCCs is rapidly incr…
Business·Industry
[Breaking News] SamsungElectroMechanics Signs 290 Billion Won Contract to Supply MLCCs for AI Servers
A panoramic view of SamsungElectroMechanics’ Suwon plant. (Photo courtesy of SamsungElectroMechanics)
SamsungElectroMechanics has signed a supply contract worth 290 billion won with a major global…
Business·Industry
LGELECTRONICS to Supply ‘Integrated Cockpit’ for Renault’s First Commercial SDV… Expanding Automotive Electronics Business
LGELECTRONICS will supply an integrated cockpit solution—combining the instrument cluster and infotainment system—for the Renault Group’s first commercially available software-defined vehicle (SDV) in…
Business·Industry
Five LG Corp. Components Head to Space Aboard Nuri Rocket… Joint Technology Demonstration by Affiliates
LG Corp. announced on the 6th that it will conduct a technology demonstration in the extreme environment of space using components from major affiliates—including battery packs from LG Energy Solution…
Business·Industry
LGELECTRONICS Wins Contract to Cool 5GW AI Data Center in North America… Estimated Value in the Trillions of Won
LGELECTRONICS has secured a long-term contract to supply data center cooling solutions totaling 5 gigawatts (GW) in North America, the world’s largest artificial intelligence (AI) data center market. …
Business·Industry
Samsung Electronics Forecasts Another Record Profit… All Eyes on HBM4 as Revenue Surpasses 100 Trillion
SamsungElectronics is expected to become the first South Korean company to enter the era of quarterly operating profit exceeding 100 trillion won. Buoyed by a boom in the memory semiconductor market d…
Business·Industry
15 Million Korean Tourists Flocked to Korea… Parliamentary Audit Scrutinizes the Substance of Korean Tourism
As the number of foreign tourists visiting South Korea this year has grown at the fastest pace on record, the structural weaknesses of the tourism industry—overshadowed by this outward growth—are expe…