Corporation
Electronics
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. …
Electronics
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…
Lifestyle
"The Era of 50,000 Convenience Stores"... Competing with Smart, Specialized Stores
The convenience store industry is expanding its network of specialty stores that focus on specific product categories for each company. With the number of convenience stores in South Korea exceeding 5…
Lifestyle
[Exclusive] BrainOn’s ‘Seracue’ Notified of Suspension of Transactions by Major Clients… ‘On Track to Be Ousted from the Industry’
“Cera-Q,” a product by BrainOn Co., Ltd., which was distributed under false pretenses—passing off ingredients not recognized as having functional benefits by the Ministry of Food and Drug Safety (MFDS…
Electronics
Samsung to Break Ground This Month on Yongin National Semiconductor Industrial Complex… Unveils Blueprint to Local Residents
Construction on the Yongin National Industrial Complex for Advanced System Semiconductors, a project involving an investment of approximately 360 trillion won by SamsungElectronics, is set to begin th…
Lifestyle
GI Innovation and G2G Bio Jump 20% on Hopes for a Licensing Deal [K-bio pulse]
The KRX Health Care Index rose 4.53% from the previous session on Oct. 1, signaling a rare tailwind for South Korea’s pharmaceutical and biotech sector. Among the gainers, GIInnovation and G2GBio drew…
Lifestyle
G.I. Innovation and G2G Rise 20% on Expectations of Technology Exports [Bio Spotlight]
On the 1st, the KRX Healthcare Index rose 4.53% compared to the previous trading day, bringing a rare breath of fresh air to the pharmaceutical and biotech industry. Amid this, GI Innovation Inc.(3585…
Lifestyle
“AI Generates Candidate Compounds, PROTEINA CO., LTD. Validates Them”… Targeting the ‘Wet Lab’ Bottleneck in New Drug Development [Invest Bio]
As an era dawns in which artificial intelligence (AI) designs hundreds of thousands of new drug candidates, wet labs—which validate these candidates through actual experiments—are emerging as a new bo…
Automotive
HyundaiMotor Group Fails to Overtake Ford in the U.S. in Q3… Ranks 4th by a Margin of 1,195 Units
Contrary to forecasts that HyundaiMotor Group would overtake Ford for the first time ever to claim third place in U.S. auto sales in the third quarter of this year, the group remained in fourth place …
Lifestyle
CJ CheilJedang Corp Establishes Joint Venture with U.S.-Based ADM… Strengthens Animal Feed Amino Acid Business
CJ CheilJedang Corp(097950)is teaming up with global grain company ADM to strengthen its competitiveness in the North American feed-grade amino acid business. The plan is to consolidate the production…