LG’s webOS content
Scope
Date
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K-pop
BTS 10th anniversary stamps available at Korea Post from June 13
South Korea's state-run postal service agency Korea Post announced on Monday that BTS commemorative stamps will be available at post offices from Ju...
Jun 12, 2023 (Gmt+09:00)
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Corporate strategy
LG Group to launch global strategy center in July
LG Group will reportedly launch next month a global strategy center to analyze business trends abroad and devise responses.Industry sources on Sunda...
Jun 12, 2023 (Gmt+09:00)
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Korean games
S.Korea's game companies wage all-out offensive to recruit AI talent
The race in South Korea to secure artificial intelligence (AI) know-how in the video game industry, the hottest trend in the field, is intensifying ...
Jun 12, 2023 (Gmt+09:00)
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Automobiles
Hyundai ramps up ties with Samsung, SK, LG for EVs, self-driving cars
South Korea’s top automaker Hyundai Motor Co. is strengthening its tech alliance with its local partners such as Samsung, LG and SK to stay ah...
Jun 11, 2023 (Gmt+09:00)
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Batteries
Korea’s cathode supplier L&F aims to make it big with anodes: CEO
DAEGU – L&F Co., a former LCD backlight unit maker, has long been a stranger even to locals in Daegu, a provincial city 165 km away from S...
Jun 11, 2023 (Gmt+09:00)
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Economy
Korea’s current account swings to deficit, four-month figures worsen
South Korea ran a current account deficit in April, swinging from the previous month’s surplus, as Asia’s fourth-largest economy continu...
Jun 09, 2023 (Gmt+09:00)
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Infrastructure
Woori, ABL Life commit to Rubicon’s infrastructure debt fund
South Korea’s Woori Global Asset Management Co. and ABL Life Insurance Co. have committed a sizeable amount of capital to a first closing of a...
Jun 09, 2023 (Gmt+09:00)
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Artificial intelligence
OpenAI’s Sam Altman seeks help from Korean startups, chipmakers
Sam Altman, chief executive of Microsoft-backed OpenAI and ChatGPT creator, said on Friday that he hopes to collaborate with South Korean developers...
Jun 09, 2023 (Gmt+09:00)
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Business & Politics
Crutches can't slow SK Chair Chey’s zeal for 2030 Expo in Busan
The largest business chambers of South Korea and Japan have agreed to cooperate on Korea’s bid to host World Expo 2030 in Busan and to deepen ...
Jun 09, 2023 (Gmt+09:00)
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Korean stock market
S.Korea not ready for developed market status: MSCI
MSCI Inc. regards the South Korean stock market as not ready for its developed market status despite a series of reforms, dampening the country&rsqu...
Jun 09, 2023 (Gmt+09:00)
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Food & Beverage
S.Korean gov’t to showcase domestic fresh eggs in Hong Kong
South Korean Ministry of Agriculture, Food and Rural Affairs and Korea Agro-Fisheries & Food Trade Corporation (aT) announced on Friday that it ...
Jun 09, 2023 (Gmt+09:00)
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Future mobility
LG Uplus to use UAM to slash EMS transportation time
South Korea's internet service provider LG Uplus Corp. on Thursday said it signed an agreement with the municipal government of Jinju, South Gyeongs...
Jun 09, 2023 (Gmt+09:00)
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Batteries
LG Energy to expand EV battery care with 7 imported car dealers
South Korea's LG Energy Solution Ltd. has teamed up with seven imported car dealers in the country to expand the company's electric vehicle (EV) b...
Jun 09, 2023 (Gmt+09:00)
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Mergers & Acquisitions
BlackRock buys $860 mn stake in S.Korean gas supplier
Global asset manager BlackRock has bought a 30% stake in South Korea’s industrial gas supplier AirFirst Co. for 1.11 trillion won ($860 millio...
Jun 09, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea to discuss bilateral currency swap with Japan
South Korea plans to discuss with Japan the re-establishment of their bilateral currency swap line, said its finance minister on Thursday, as the di...
Jun 09, 2023 (Gmt+09:00)
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Business & Politics
US emerges key to Korea’s nuclear power plants exports to Saudi Arabia
Saudi Arabia, which is seeking to build two 1.4 gigawatts (GW) nuclear power plants, is demanding that the US allow uranium enrichment, according to...
Jun 09, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells sweeps global solar energy industry awards
Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...
Jun 08, 2023 (Gmt+09:00)
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Chemical Industry
Hyosung Chemical’s credit rating downgraded one notch
Korea Investors Service downgraded the unsecured bond credit rating of Hyosung Chemical on Thursday from A to A-, saying that its profit-generating ...
Jun 08, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea’s Handsome releases brand book with Assouline
South Korean fashion company Handsome Corp., a division of Hyundai Department Store Group, said on Thursday that it has partnered with Assouline, on...
Jun 08, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix steps up chip stacking war with 238-layer 4D NAND
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., has begun mass production of the industry’s hi...
Jun 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung top in world smartphone market in Q1, beating Apple
Samsung Electronics Co. regained the top spot in the smartphone market, surpassing Apple in the first quarter of 2023. This outcome was driven by th...
Jun 08, 2023 (Gmt+09:00)
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Electric vehicles
Polestar 3 to light up roads with headlamps of LG’s ZKW
The Polestar 3, an all-electric mid-sized sport utility vehicle, will be equipped with high-definition light-emitting diode (HD LED) headlights deve...
Jun 08, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea's Jeju Dream Tower Casino exceeds $7.6 mn in net monthly sales
Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., broke the 10 billion won ($7.6 m...
Jun 08, 2023 (Gmt+09:00)
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Food & Beverage
Craft brewery startups poised to revolutionize brew scene in South Korea
Craft beers and highballs from emerging breweries and distilleries are poised to disturb the South Korean alcoholic beverage market dominated by gia...
Jun 08, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics, Pfizer sign $411.3 mn agreement for long-term CDMO
Samsung Biologics Co., the world’s No. 1 contract drugmaker, announced a groundbreaking strategic partnership with Pfizer on Thursday, marking...
Jun 08, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea to ease regulations for foreign investor in domestic market
South Korea is set to raise the annual cap for individuals' overseas fund transfers without prior notice from $50,000 to $100,000, thereby easing th...
Jun 08, 2023 (Gmt+09:00)
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Robotics
KT to start outdoor robot delivery in Seoul from Q4
South Korea’s KT Corp. from the fourth quarter will start outdoor robot delivery of food and daily necessities in Seoul’s upscale distri...
Jun 08, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath
TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...
Jun 07, 2023 (Gmt+09:00)
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Energy
Challenges, opportunities for Asia’s energy transition: GIG
Global investors injected more than $1 trillion into energy transition for the first time last year. South Korea poured in some $19 billion, becomin...
Jun 07, 2023 (Gmt+09:00)
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Energy
S.Korea to design proven type reactor of nuclear fusion power
South Korean government has initiated the design phase for a nuclear fusion power proven type reactor, taking a significant step toward harnessing n...
Jun 07, 2023 (Gmt+09:00)