Recent Articles

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  M&A

  Jin Air, Air Busan, Air Seoul to Merge; Unified Jin Air Launches Next March

  Provided by Jin Air Jin Air, Air Busan, and Air Seoul announced on the 21st that they had each convened a board meeting, approved a merger among the three companies, and signed a merger agreement.The three airlines plan to hold extraordinary general meetings of shareholders in December to approve th

  2026.08.21
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  Kakao

  Kakao to Split: Talk in Kakao AI, Investments in Kakao X

  Kim Do-young, CEO-designate of KakaoX. Provided by Kakao Kakao will be split into “KakaoAI,” which will oversee artificial intelligence (AI) businesses based on KakaoTalk, and “KakaoX,” which will be responsible for future investments. Through the business split, the company aims to accelerate decis

  2026.08.21
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  Global Business

  Travel Wallet Eyes 2025 KOSDAQ Listing, U.S. Entry

  Travel Wallet has begun preparations for an IPO with the goal of listing on KOSDAQ in 2027. It plans to launch services in the United States in the second half of this year and is also reviewing business feasibility in 13 countries. Courtesy of Travel Wallet Travel Wallet has formally begun preparat

  2026.08.21
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  Global Supply Chain

  “Open Arctic Route”: Trial Container Ship Departs Tomorrow

  For the first time, a container ship operated by a Korean shipping company will sail along the Arctic route. The Arctic route connects Asia and Europe via the Arctic Ocean. With the need for alternative routes increasing due to recent events such as the blockade of the Strait of Hormuz amid the Iran

  2026.08.21
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  MOU

  Korean Air, KIEES Sign Tech Pact to Boost EW Systems

  Conceptual rendering of the Korean-style electronic warfare aircraft by the Korean Air (consortium). Provided by Korean Air Korean Air is joining forces with the Korean Institute of Electromagnetic Engineering and Science (KIEES) to strengthen competitiveness in the electronic warfare aircraft syste

  2026.08.20
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  Hyundai

  Hyundai Engineering Revamps EV Charging, Expands Energy Platform

  Hyundai Engineering headquarters. Photo by reporter Hwang So-young, fangso@donga.com Hyundai Engineering announced on the 20th that its board of directors had resolved a proposal to merge and absorb Korea Electric Vehicle Charging Service (Hancharging). The effective date of the merger is November 1

  2026.08.20
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  K-Beauty

  Beauty Brands Compete in Personalized Skin Health

  On 19 August, at the Lancôme pop-up store in Lotte Avenuel Jamsil, Songpa District, Seoul, a reporter from this newspaper experiences a skin diagnostic device, “Cell BioPrint.” Photo by Nam Hye-jung namduck2@donga.com “The diagnosis shows that your skin age is five years older than your actual age.”

  2026.08.20
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  Samsung

  Samsung to Invest KRW 240 Billion in Gwangju HVAC Plant

  Samsung Electronics announced on the 19th that it will newly establish the HVAC production line of FläktGroup, which it acquired last year, at its Gwangju Plant to respond to the global heating, ventilation and air conditioning (HVAC) market. The photo shows a panoramic view of the third campus of S

  2026.08.20
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  AI Investment

  Samsung Plans 3-Story Fab at Pyeongtaek P5

  Samsung Electronics Pyeongtaek Campus P5 construction site. Provided by Samsung Electronics Samsung Electronics will expand and build the core facilities of its semiconductor complex in Pyeongtaek, Gyeonggi Province, the “P5 Plants 1 and 2 (Fab 5 and 6),” by upgrading them from the existing “double

  2026.08.20
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  K-Defense

  Hanwha Enters U.S. Arms Market With Korean System

  The K9 Motorized Howitzer (K9MH), for which Hanwha Aerospace signed a prototype export contract with the U.S. Army, conducts a test firing. This is the first time that Korea has directly supplied a complete weapons system to the U.S. military. Provided by Hanwha Aerospace Hanwha Aerospace has entere

  2026.08.20