Recent Articles

• 
  Business / BESS

  Battery Big Three Await KRW 1 Trillion ESS Bid Outcome

  Domestic battery makers, currently enduring a harsh “barley hump” due to the electric vehicle (EV) chasm (a temporary stagnation in demand) and low-price competition, are closely watching the result of a KRW 1 trillion energy storage system (ESS) tender to be announced next week. This bid is regarde

  2026.02.06
• 
  Global Expansion

  KT&G Achieves Growth, Profit as Overseas Cigarettes Surpass Domestic

  KT&G headquarters building KT&G achieved both external growth and improved profitability last year. In particular, as overseas cigarette sales surpassed domestic sales for the first time, the company opened the era of KRW 6 trillion in annual revenue.KT&G announced on the 5th that, on a consolid

  2026.02.05
• 
  Global Business

  Korea United Pharm speeds Vietnam push, targets double cancer drug sales

  From left: Professor Nguyen Minh Duc, Ngo Duc Vinh, CEO of BIONAM, Kang Duk-young, CEO of Korea United Pharm Inc., Vice President Kim Gwi-ja, and Executive Director Yang Jin-young Korea United Pharm Inc. announced on the 5th that it recently held a strategic meeting with its local Vietnamese partner

  2026.02.05
• 
  Investment

  Top 10 Conglomerates Pledge KRW 270 Trillion for Regions

  Two-hour Blue House meeting with conglomerate leaders President Lee Jae-myung speaks at the “Corporate Meeting on Youth Jobs and Expanded Regional Investment” held at the Blue House on the 4th. The heads of the top 10 business groups, including Samsung Electronics Chairman Lee Jae-yong (second from

  2026.02.05
• 
  AI Investment

  Samsung Plans AI Data Centers; Hyundai Builds Fuel Cell Plant

  At a corporate meeting held at the Blue House on the 4th, the ten largest conglomerates announced plans to invest KRW 270 trillion over the next five years in regions outside the Seoul metropolitan area, in line with President Lee Jae-myung’s “region-led growth” initiative. These companies plan to i

  2026.02.05
• 
  LG·Hanwha

  LG Energy Solution to Supply KRW 1 Trillion ESS Batteries to Hanwha Qcells in U.S.

  LG Energy Solution headquarters in Yeouido, Yeongdeungpo-gu, Seoul, July 27, 2023, News1 LG Energy Solution will supply energy storage system (ESS) batteries worth around KRW 1 trillion to Hanwha Qcells’ U.S. subsidiary. LG Energy Solution announced on the 4th that it has signed a contract with Hanw

  2026.02.05
• 
  K-Beauty

  K-Beauty Leader APR Hits KRW 1.5 Trillion; Amore, LG HHC Seen Rebounding

  Beauty tech company APR, a rising powerhouse in K-beauty, surpassed KRW 1.5 trillion in revenue last year, posting its highest performance ever. As K-beauty gained worldwide popularity, both revenue and operating profit more than doubled in the space of a year. There are also projections that tradit

  2026.02.05
• 
  Samsung

  Samsung Electronics Market Value Tops KRW 1 Quadrillion

  Newsis Despite a decline in the New York stock market, the KOSPI rose more than 1%, hitting an all-time high. Samsung Electronics, based on common shares, surpassed a market capitalization of KRW 1,000 trillion for the first time in history.On the 4th, the KOSPI closed at 5,371.1, up 1.57% from the

  2026.02.05
• 
  MOU / POSCO

  POSCO Group Plans Humanoid Robots for Steel Logistics

  POSCO Group has decided to promote the application of humanoid robots to logistics management for steel products. On the 4th, POSCO Group announced that four companies — POSCO, POSCODX, POSCO Venture Capital, and Persona AI — signed a “memorandum of understanding (MOU) for on-site application of ind

  2026.02.04
• 
  Global Trend

  Musk Plans SpaceX–xAI Merger, Space Data Giant

  Elon Musk has announced the merger of SpaceX, the space company he founded, with his artificial intelligence (AI) company xAI. With SpaceX preparing for an initial public offering (IPO) in the second half of this year (July–December), an ultra-large “space AI data center giant” with a combined corpo

  2026.02.04