Economy
Business·Industry
"Pouring 1,000 trillion into the 'heart of AI'"... A bold move to build 18.4 GW of AI data centers nationwide
The government is positioning AI as a core pillar of its national growth strategy and is moving full steam ahead with the “Three Mega-Projects for Korea’s Great Leap Forward.” In particular, it has de…
Business·Industry
South Korea Focuses on HBM… China Targets the General-Purpose Memory Niche
As the memory supply shortage persists due to expanding investment in artificial intelligence (AI), Chinese memory manufacturers are emerging as a new variable in the global supply chain. While Samsun…
Business·Industry
LGELECTRONICS Launches New Practical Training Program for Young People… Cultivating Talent for Smart Factories and AX
LGELECTRONICS is launching a new practical training program in future-oriented industries—such as smart factories, AI transformation (AX), and digital marketing—targeted at young people preparing for …
Business·Industry
LGELECTRONICS Launches AI Cleaning Robot 'Roni'… Features World's First '100℃ Dual Steam' Technology
LGELECTRONICS has launched the “LG HomeBot AI Objet Collection RONi,” the world’s first premium AI robot vacuum cleaner to feature 100°C steam technology in both the main unit and the docking station.…
Business·Industry
Biotechnology Act Revises NK Cell Therapy Classification to ‘Low Risk’… Vaxcell-Bio Therapeutics Expected to Benefit Most
With the establishment of an institutional framework that will enable advanced regenerative medicine treatments using autologous natural killer (NK) cells to be carried out more swiftly in South Korea…
Business·Industry
Olix Pharmaceuticals, Inc. Expands Collaboration with L'Oréal on New RNAi-Based Beauty Pipeline
Lee Dong-ki, CEO of Olix Pharmaceuticals, Inc. (Photo courtesy of Olix Pharmaceuticals, Inc.)
Olix Pharmaceuticals, Inc.(226950)announced on the 29th that it has signed a Pipeline Collaboration Fr…
Business·Industry
Samsung Electronics' Q2 Operating Profit Exceeds 100 Trillion Won; INICS Corporation Likely to Post 80% Profit Margin
As SamsungElectronics and SK hynix prepare to announce their second-quarter earnings next month, expectations are growing that they will once again post record-breaking results. The key points to watc…
Business·Industry
[Reporter's Notebook] Chinese Cars Are Too Powerful to Simply Laugh Off
It is said that people have a psychological tendency to underestimate things or people they dislike. They deliberately ignore the positives and exaggerate the negatives to the extreme, reaching the co…
Business·Industry
Reduce Electricity Usage by 25% This Summer to Save Up to 67% on Bills
A view of an electric meter installed in a building in downtown Seoul on June 22. (Photo: Yonhap News)
Households that reduce their electricity usage by 25% this summer—primarily between 5 p.m. an…
Business·Industry
Political Figures Dominate Top Positions at KEPCO and Korea Gas Corporation
(From left) Gwangju Mayor Kang Ki-jeong, who is being mentioned as a candidate for the new president of KoreaElectricPower (KEPCO), and former National Assembly member Hong Eui-rak, who is considered …