Corporation
Business Community
FKI Chairman Chey Tae-won: "Expanding Economic Cooperation Between Korea and Central Asia Will Bring Greater Opportunities"
Chey Tae-won, Chairman of the Korea Chamber of Commerce and Industry, said on the 16th, “If Korea and Central Asia share their respective strengths and experiences and join forces, we can create far g…
Lifestyle
"Cashmere" Is the First Battleground of This Year's Fall/Winter Season… 8 Seconds and Musinsa Take on Uniqlo
Ahead of the full-fledged fall/winter (FW) season, the domestic manufacturing and private-label apparel (SPA) market is heating up in a battle over materials. Cashmere, often referred to as the “jewel…
SMEs
K-Accessories That Have Gen Z Lining Up… Encat’s ‘Naughty Cat’ Targets the U.S. Market
N.CAT, the operator of the domestic accessory brand “Naughty Cat,” is seeing tangible results from its overseas expansion as it has achieved a series of successes in securing spots in major U.S. retai…
Electronics
Rumors of SK Hynix’s U.S. Investment Resurface… This Time, Not an Acquisition but a ‘Lease and Joint Venture’ (Roundup)
Plans for SK Hynix to produce memory semiconductors in the U.S. have resurfaced. While reports last July suggested a potential acquisition of Intel’s Ohio semiconductor plant, the latest proposals inv…
Electronics
SK hynix Awards Five Industry-Academia Collaboration Patents… Identifies AI Memory Technologies
SK hynix recognized achievements in industry-academia collaborative research, including high-speed memory interfaces and next-generation electrode technologies needed for the age of artificial intelli…
Lifestyle
A single rice cake costs 6,000 won... but I waited in line for 40 minutes to eat it [Report]
Around 6:00 p.m. on the 15th, on the first basement level of The Hyundai Seoul in Yeouido, Seoul. As I stepped off the escalator, a long line caught my eye. These were people waiting to pick up produc…
Lifestyle
Celltrion to Cancel Entire 100 Billion Won Treasury Stock… “We Are Keeping Our Promise to Return Value to Shareholders”
Leading biotech stock Celltrion(068270)has immediately put its pledge of shareholder returns into action by canceling all of its treasury shares, valued at 100 billion won. This move is intended to so…
Lifestyle
SSM, Which Has Been in "Negative Growth" for a Year, Plays a "Hail Mary" by Expanding Through Franchise Stores
The corporate supermarket (SSM) industry, which has experienced negative growth for a year amid the rise of online grocery shopping and restrictions on offline operations, is aiming for a rebound in t…
Electronics
SK Hanik Reaches Labor-Management Agreement… Performance Bonuses to Be Paid 50% in Company Stock and 50% in Cash (Comprehensive)
The revised wage and collective bargaining agreement (CBA) proposal, prepared by SK hynix management and labor following the rejection of the previous tentative agreement, was approved in a re-vote by…
Electronics
Samsung and LG Corp. Unveil High-Efficiency Energy-Saving Solutions at the International Climate Industry Expo
SamsungElectronics and LGELECTRONICS will both participate in the "International Climate Industry Expo," taking place from the 16th to the 18th at BEXCO in Busan. At the expo, they will showcase energ…