Economy
Business·Industry
Y-Bio Set to Convert 35 Billion Won in Convertible Bonds… “Short-Term Overhang Limited”
While Y-Biologics ( Y-Biologics, Inc(338840)) will allow holders to exercise their conversion rights for its 35 billion won convertible bonds (CBs) starting on the 7th, observers suggest the likelihoo…
Business·Industry
From Thai Laundromats to the European High-Capacity Market… LGELECTRONICS Expands Its B2B Laundry Business
LGELECTRONICS is expanding its business-to-business (B2B) operations by increasing the supply of commercial laundry appliances in Asia—including Thailand, the Philippines, and Vietnam—as well as in Eu…
Business·Industry
Cherry, Which Gifted a Robot Dog, Collaborates with KGM on Cars, Robots, and Steel… A Stronger Tech Alliance
Hwang Ki-young (front, right), President of KG Mobility (KGM), and Zhang Gui-bing, President of Cherry Automobile, are signing a $75 million (approximately 110 billion won) strategic investment agreem…
Business·Industry
Mass Production of Next-Generation Low-Power DRAM, CXMT, Imminent
China’s Changxin Memory Technology (CXMT) has entered the final stages of research and development (R&D) for LPDDR6, the next-generation low-power DRAM. Observers say China has raised its technologica…
Business·Industry
CXMT Puts the Spotlight on 'Low-Power DRAM,' an HBM Alternative… Hot on the Heels of K-Memory
China’s Changxin Memory Technology (CXMT) is set to begin mass production of LPDDR6, a low-power DRAM, in the second half of this year, causing a seismic shift in the global memory industry. This is b…
Business·Industry
LGELECTRONICS to Sell Modular Homes via TV Home Shopping… First-Ever Broadcast Sale in Korea
LGELECTRONICS will sell its modular home, the “Smart Cottage,” on a home shopping channel for the first time in Korea. This marks the first time a modular home has been featured on a domestic home sho…
Business·Industry
"Considering a Move to Hanik for 'Performance Bonuses in the Hundreds of Millions'... Non-Semiconductor Companies Also on High Alert"
Major conglomerates are growing increasingly concerned as SK hynix begins recruiting experienced professionals across multiple job categories. This is because SK hynix—which has garnered attention for…
Business·Industry
Moon Hyuk-soo of LG Innotek: "A Turning Point for Physical AI… Strengthening Competitiveness with Winning Tech"
Moon Hyuk-soo, CEO (President) of LG Innotek, emphasized, “We are standing at a critical turning point in the era of Physical AI, where artificial intelligence (AI) is expanding beyond the digital spa…
Business·Industry
LGELECTRONICS Tops Jeju Heat Pump Market… Leading the Heating Electrification Market
LGELECTRONICS has been selected as the top contractor for the Jeju Heat Pump Deployment Project—a flagship initiative of the heating electrification policy—after being entrusted with installing heat p…
Business·Industry
“Airfares Are Too Expensive to Even Consider Long-Distance Travel”… Overseas Travel Boom Has Slowed
The number of South Koreans traveling abroad in June fell by 10% compared to the same month last year. Consequently, major package tour operators also saw a decline in their second-quarter passenger n…