Economy
Business·Industry
Samsung to Produce AI Data Center Cooling Equipment Locally… Invests 240 Billion Won in Gwangju
SamsungElectronics is investing 240 billion won in its Gwangju facility to begin domestic production of heating, ventilation, and air conditioning (HVAC) equipment for artificial intelligence (AI) dat…
Business·Industry
LG Corp. Begins Operations at Lansing Plant in the U.S., Completing Five ESS Production Hubs in North America
LG Energy Solution has begun full-scale operations at its Lansing, Michigan, plant, completing the establishment of five major production hubs to target the North American energy storage system (ESS) …
Business·Industry
Mixed Results for the Top Two Office Furniture Companies
Leading domestic office furniture companies— KOAS(071950)and Fursys(016800)—posted mixed first-half results. KOAS emerged from a prolonged period of losses by posting a first-half profit through cost-…
Business·Industry
"Europeans who stay in Korea for two weeks at a time will even venture out to the countryside if they can communicate in Korean:"
At first glance, she clearly looks like a foreigner with blue eyes, but as soon as the interview began, she took the lead in the conversation, speaking fluently and in a calm, measured tone in Korean.…
Business·Industry
OLED TV Market Grows 20%… Samsung and TCL Lock Horns in the LCD TV Market
While the global TV market remains flat, the premium organic light-emitting diode (OLED) TV market is leading the market rebound with growth in the 20% range. In the mid-to-low-end LCD (liquid crystal…
Business·Industry
'eSSD Shortage' Drives 77% Increase in Q2 NAND Sales… Samsung and Hynix Maintain Top Two Positions
Driven by the expansion of artificial intelligence (AI) data centers, demand for enterprise SSDs (eSSDs) has exploded, leading to steep growth in the global NAND flash market. SamsungElectronics and S…
Business·Industry
Madison Hwang Calls It "Incredible"... LG Corp. and NVIDIA Build 12 Years' Worth of Robot Data (Comprehensive)
LGELECTRONICS and NVIDIA are establishing a “virtuous cycle of data” for robot training by combining LG Corp.’s manufacturing and logistics data with NVIDIA’s physical artificial intelligence (AI) tec…
Business·Industry
INICS Corporation Performance Bonuses: Cash or Stock? Final Round of Labor-Management Negotiations
SK hynix management and labor representatives are continuing discussions to reach an agreement on this year’s wage and collective bargaining agreement. It is reported that the two sides continued nego…
Business·Industry
Shouting “Incredible” and giving a thumbs-up… Madison Hwang Holds a 2-Hour, 30-Minute ‘Robot Meeting’ with LG Corp.
“Incredible.”
Madison Huang, Senior Director of Product Marketing for NVIDIA’s Omniverse and Robotics, waves to greet reporters through her car window after a meeting at LGELECTRONICS’ Yangjae Rese…
Business·Industry
From Interior Design to Tax Services… Shared Accommodation Expo to Be Held in October
An expo showcasing products and services necessary for starting and operating shared lodging businesses will be held.The Korea Homestay Association announced on the 18th that it will host the “K-Stay …