Economy
Business·Industry
Hyosung Family Brothers Meet in Court for the First Time in 12 Years… Cho Hyun-joon: “Let’s Go Our Separate Ways Now”
Hyosung Group Chairman Cho Hyun-joon and former Executive Vice President Cho Hyun-moon, who were at the center of a family feud over control of the group, met in court for the first time in 12 years. …
Business·Industry
Surplus of 500 billion even after tariff refunds… LGELECTRONICS’ U.S. Subsidiary’s ‘Premium and Localization’ Strategy Pays Off
LGELECTRONICS’ U.S. subsidiary has significantly restored its profitability after one year. Although the company posted a loss last year as export costs to the U.S. surged due to high U.S. tariffs, it…
Business·Industry
[Exclusive] Only 5 out of 44… Statutory Funds Reluctant to Invest in Startups
The government is accelerating efforts to revitalize venture capital investment, stating that it aims to improve the capital market’s structure and promote “productive finance.” Since last month, it h…
Business·Industry
Will Travel to Thailand Cost 20,000 Won More?… 450 Baht Tourism Tax Proposed Again
The Thai government is once again pushing to introduce a tourism tax of 450 baht (approximately 19,000 won) per foreign tourist. After years of repeated attempts to introduce and postpone the tax, the…
Business·Industry
SamsungElectronics Wins 57 Awards at IDEA and Red Dot… Recognition for ‘Human-Centered Design’
SamsungElectronics has won a total of 57 awards at international design competitions by championing “human-centered design,” which encompasses accessibility, personalization, artificial intelligence (…
Business·Industry
"2.3 Trillion at Stake": HyundaiMotor Union Launches First Full-Scale Strike in 10 Years
On the 20th, morning shift workers at the Myeongchon Main Gate of HyundaiMotor’s Ulsan Plant in Buk-gu, Ulsan, were leaving work early following a four-hour partial strike. The HyundaiMotor labor unio…
Business·Industry
LGELECTRONICS Wins a Total of 17 Awards at IDEA 2026… Demonstrating Design Competitiveness
LGELECTRONICS announced on the 21st that it won a total of 17 awards, including five bronze medals, at IDEA 2026, an international design competition organized by the Industrial Designers Society of A…
Business·Industry
Samsung Electronics Kicks Off '250 Trillion Won Return to Shareholders'… 'Shareholder-Friendly Trend' Spreads Through the Business Community
SamsungElectronics and SK hynix have begun large-scale shareholder returns using cash reserves accumulated during the artificial intelligence (AI) memory boom. According to estimates from the securiti…
Business·Industry
Targeting Physical AI Components… SamsungElectroMechanics and LG Innotek’s R&D Spending Nears 900 Billion Won
SamsungElectroMechanics and LG Innotek are expanding the technologies they have accumulated in mobile and IT components into the fields of AI servers, autonomous driving, and humanoid robots. They are…
Business·Industry
“They Say They’ll Give Performance-Based Stock Awards”… Why SK Hanik Shareholders Are on Edge
SK hynix management and labor have reached a tentative agreement on this year’s wage and collective bargaining agreement, under which 60% of the profit-sharing (PS) payment will be distributed in the …