Recent Articles

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  Global Business

  Styleloft, HVS Sign Licensing Deal to Expand Hotel Asset Trades, Investment Advisory

  Styleloft–HVS license agreement. Photo courtesy of Styleloft Hotel consulting and asset management company Styleloft announced that it has signed a license agreement with HVS, a global hospitality consulting firm. Through this agreement, Styleloft plans to expand its advisory services for hotel deve

  2026.07.01
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  Global Business

  SCD Enters India’s Growing Air Conditioner Parts Market

  SCD CEO Oh Gil-ho (left) and FOCUSTEK CEO Park Sung-heum, head of the local Indian company, pose for a commemorative photo after signing the “Drain Pump India Production and Sales Agreement” on 29 June to expand into the Indian market. Photo courtesy of SCD India, backed by the world’s largest popul

  2026.07.01
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  AI Investment

  LG Electronics Creates CEO-Led Robotics Unit for Physical AI

  LG Electronics to establish a Robotics Business Center. Provided by LG Electronics LG Electronics has carried out a one-point organizational reshuffle to create a “Robotics Business Center” reporting directly to the Chief Executive Officer (CEO). This move is seen as a strategic decision to foster a

  2026.07.01
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  Semiconductor

  ‘Foundry 2.0’ Q1 Sales KRW 133 Trillion, Up 23% on AI Boom

  Stock photo not directly related to the article content. Getty Image Bank The global “Foundry 2.0” market, encompassing both foundry (semiconductor contract manufacturing) and back-end processes, is expanding in scale as worldwide demand for artificial intelligence (AI) semiconductors surges sharply

  2026.07.01
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  Semiconductor

  Samsung Electro-Mechanics Wins KRW 450 Billion MLCC Order

  ⓒNewsis Samsung Electro-Mechanics announced on the 30th that it has signed a KRW 450 billion supply contract with a global big tech company for multilayer ceramic capacitors (MLCCs) for artificial intelligence (AI) servers. The supply period is one year, starting in 2027. MLCCs are key components th

  2026.07.01
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  AI Investment

  Govt to Build Chip Complexes in 5 Years, Fully Fund Infrastructure

  President Lee Jae-myung on the 30th poses for a commemorative photograph after concluding the signing ceremony for a “Memorandum of Understanding (MOU) on Investment for Fostering High-Tech Industries in the Southwest Region” with attendees including Kwak Noh-jung, CEO of SK hynix, Jun Young-hyun, V

  2026.06.30
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  Global Business

  Wonpoong Material, SunDiode to Mass-Produce Defense AR Displays

  Wonpung Co., Ltd. logo. Sundiode logo. Wonpung Co., Ltd., which has grown based on its apparel business, is accelerating its next-generation display business that it has been fostering as a future growth driver. Wonpung announced on the 30th that it has signed a “Memorandum of Understanding (MOU) fo

  2026.06.30
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  Global Supply Chain

  K-Shipbuilding Speeds Supply Chain Entry at Be-CON 2026

  Gabler Group CSO Ole Johansen (left) and Gabler Korea CEO Kim Ja-dong introduce Gabler’s proprietary submarine technologies. Photo provided by Gabler Korea Global marine technology company Gabler Korea and the Korea Trade-Investment Promotion Agency (KOTRA, President Kang Kyung-sung) co-hosted the g

  2026.06.30
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  Global Business

  Lotte Forms Korea-Japan Food Alliance Hub in Singapore

  Lotte will launch a joint venture of Korean and Japanese Lotte food affiliates in Singapore in early July. At the opening ceremony of the joint venture office held in Singapore last May, (from the third person from the left) Jin Young-dong, CEO of Singapore JV, Shin Yu-yeol, Head of Future Growth Of

  2026.06.30
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  Bioprocessing / CDMO

  After Samsung, Celltrion, Lotte Joins Songdo Bio Cluster Expansion

  The scale of the “bio cluster” established in Songdo International City in Yeonsu-gu, Incheon, is expanding. According to the Incheon Free Economic Zone Authority on the 29th, Lotte Biologics (Lotte Bio) recently built its first Bio Campus plant in Songdo and obtained approval for its use. Lotte Bio

  2026.06.30