Recent Articles

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  Global Business

  Doosan Enerbility Wins Key Equipment Order for TerraPower SMR

  Rendering of TerraPower’s SMR power plant in the state of Wyoming, USA. Provided by Doosan Enerbility. Doosan Enerbility announced on the 14th that it has won a contract to manufacture key equipment for the small modular reactor (SMR) of TerraPower, a U.S. advanced nuclear power company.Doosan Enerb

  2026.08.14
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  K-Beauty

  K-beauty boom lifts makers, brands, retailers

  As the global popularity of K-beauty continues, domestic cosmetics companies are posting record-breaking results one after another in the second quarter (April–June). Korea Kolmar and Cosmax, the two leading original design manufacturers (ODM) in the Korean cosmetics industry, both recorded their hi

  2026.08.14
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  SK hynix

  SK hynix to Break Ground on Indiana Fab July 27

  Jensen Huang, CEO of Nvidia, meets Chairman Chey Tae-won at SK Group headquarters in Seorin-dong, Seoul. Dong-A DB Groundbreaking for SK hynix’s semiconductor plant (fab) in Indiana, United States, is scheduled to be held on the 27th (local time). Key executives, including SK hynix CEO Kwak Noh-jung

  2026.08.14
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  Global Investment

  Naver Invests in U.S. Startup for Wave-Powered AI Data Centers

  Naver is expanding its investment from securing AI infrastructure to future-oriented data center technologies based on renewable energy.Naver announced on the 13th that it has invested in Panthalassa, a startup developing offshore AI data centers. Founded in 2016, Panthalassa is a U.S. startup devel

  2026.08.13
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  K-Defense

  Hyundai Rotem, KAI to Develop Long-range Air-to-air Missile for KF-21

  Cho Hyung-jun (left), Head of AD&RH Business Division at Hyundai Rotem, and Kim Yong-min, Head of Business Division at KAI, pose for a commemorative photo after signing an “Aerial Armament Business Cooperation Memorandum of Understanding (MOU)” at KAI’s headquarters in Sacheon, South Gyeongsang

  2026.08.13
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  Global Supply Chain

  Samsung Electronics Opens New HVAC Line in India

  Samsung Electronics held a completion ceremony for FläktGroup’s new production line in Pune, Maharashtra, India, on the 12th (local time). From left: Samsung Electronics DA Division Vice President Lim Sung-taek, Head of HVAC Business Team; FläktGroup Asia Sales Head Devraj Singh; Samsung Electronics

  2026.08.13
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  Investment

  Korean Air–Asiana Merger Approved, Mega Carrier Launches December

  Korean Air and Asiana Airlines aircraft move on the runway at Incheon International Airport Terminal 2 on the 12th, the day Asiana Airlines held an extraordinary general meeting of shareholders and approved the merger agreement with Korean Air. 2026.08.12. Incheon Airport = Newsis The merger between

  2026.08.13
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  AI Investment

  AI Revenue Soars as Telcos Become ‘AI Factories’

  Artist’s rendering of “SK AI Data Center Ulsan,” under construction since 2025. Provided by SK Ecoplant The three major mobile carriers in Korea are pushing to transform themselves from mobile communication companies into “artificial intelligence (AI) infrastructure enterprises.” With the domestic m

  2026.08.13
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  Global Business

  U.S. Sanctions, Easing China Price War Boost K-Solar

  The performance of major domestic solar power companies is improving. As U.S. sanctions against China intensify and China itself has begun to curb below-cost dumping, the wave of low-priced Chinese products in the solar market has eased. As a result, global solar product prices have recently risen a

  2026.08.13
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  Digital Innovation

  Hyundai Motor Group’s AI ‘Diet’ Slashes Costs, Time

  Hyundai Motor Group holds the “AX Performance Presentation” at its headquarters in Yangjae-dong, Seocho-gu, Seoul, on the 12th. Photo by Reporter Jung Jin-su Hyundai Motor Group has trimmed “excess fat” from its operations using AI. After achieving annual cost savings of KRW 5.24 billion in manufact

  2026.08.12