Recent Articles

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  Samsung

  Samsung Tops Global Profit Ranking, Surpassing Nvidia

  View of Samsung Electronics’ Suwon headquarters in Yeongtong-gu, Suwon-si, Gyeonggi-do. 2026.07.07. Newsis Samsung Electronics set a new record for the highest quarterly operating profit among all private companies worldwide in the second quarter of this year (April–June), posting KRW 89.4 trillion

  2026.07.08
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  Physical AI

  Exclusive: LG Electronics, Nvidia Bet on Physical AI

  Jensen Huang, Chief Executive Officer (CEO) of NVIDIA, is moving to meet with Koo Kwang-mo, Chairman of LG Group, at LG Twin Towers in Yeouido, Yeongdeungpo-gu, Seoul, on the 8th. 2026.06.08. Newsis LG Electronics, which has formed an alliance with NVIDIA in the next-generation robotics sector, has

  2026.07.08
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  MOU

  LG, Koscom Partner on Korea Stock AI Service

  LG AI Research Institute Head Lim Woo-hyung (left) and KOSCOM CEO Yoon Chang-hyun pose for a commemorative photo after signing a business agreement. Provided by LG LG is introducing an artificial intelligence (AI)-based Korean stock prediction service.LG AI Research, the LG Group’s AI think tank, an

  2026.07.07
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  Startup Ecosystem

  Woori Financial Unveils KRW 7 Trillion Startup-to-IPO Plan

  View of the headquarters of Woori Bank in Jung-gu, Seoul. News1 Woori Financial Group has unveiled a KRW 7 trillion roadmap for productive finance investment. Its affiliates will provide venture capital across all stages, from the discovery of early-stage startups through to initial public offerings

  2026.07.07
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  Tech Sovereignty

  Korea Develops First Long-Life Engine Without US, UK Technology

  Prototype 5,500-pound turbofan engine for low-observable unmanned wingman aircraft. Provided by Hanwha Aerospace On the 6th, at Hanwha Aerospace’s Changwon Plant 1 in South Gyeongsang Province, two engines made of silvery metal were unveiled. Dozens of electrical wires, pipes, and sensors densely wr

  2026.07.07
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  Global Supply Chain

  Sinopex Expands EV Battery FPCB Output, Invests KRW 15 Billion

  Synopex's Yen Phong plant in Vietnam, completed in 2024. Provided by Synopex Synopex will invest around KRW 15 billion (USD 10 million) in facilities to expand production of flexible printed circuit board (FPCB) modules for electric vehicle (EV) batteries. The investment is intended to respond to ma

  2026.07.07
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  Investment

  Samsung, SK to Build Chip Fabs at Gwangju Air Base Site

  The Office of the President on the 6th announced that Samsung Electronics and SK hynix have decided to build four semiconductor fabrication plants (fabs) for the Honam region on the site of the Gwangju military airport. The presidential office also said it would move up as much as possible the compl

  2026.07.07
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  AI Company

  KT to Invest KRW 18 Trillion in AI Platform Transformation

  KT CEO Park Yoon-young presents a blueprint to transform KT into an “AX platform company” at her first press conference since taking office, held on 6 July at the Pullman Ambassador Seoul East Pole in Gwangjin District, Seoul. Photo by reporter Shin Won-geon laputa@donga.com KT will invest KRW 18 tr

  2026.07.07
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  Financing

  Korean Air Raises KRW 190 Billion in Samurai Bonds

  Korean Air B787-10 aircraft. Provided by Korean Air Korean Air announced on the 6th that it has successfully issued a JPY 20 billion (approximately KRW 190 billion) Samurai bond with a guarantee from the Export-Import Bank of Korea (KEXIM). Samurai bonds are JPY-denominated bonds issued in Japan by

  2026.07.06
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  Global Expansion

  Doosan Enerbility Expands Jointly Developed B-Eyes System

  Doosan Enerbility has jointly developed a system to monitor generator conditions with Createch, an engineering specialist in noise and vibration, and will supply it for the replacement of generators at Units 1 and 2 of the Temelín Nuclear Power Plant in the Czech Republic.Doosan Enerbility announced

  2026.07.06