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Samsung SDS’s Major Shareholder CMC to Build Massive Data Center in Ho Chi Minh City

Samsung SDS’s Major Shareholder CMC to Build Massive Data Center in Ho Chi Minh City

Photo=CMC CMC, a Vietnam-based IT services company with Samsung SDS as its largest shareholder, is set to construct a hyperscale data center in Ho Chi Minh City. With an investment exceeding $12.5 million, the data center aims to contribute to Vietnam’s artificial intelligence (AI) ecosystem and is targeted to begin construction next year. According to CMC on July 16, the

Jul 16 2025
12:00 PM PDT
Amorepacific’s Osulloc Joins Hands with Edward Lee to Promote K-Tea in New York

Amorepacific’s Osulloc Joins Hands with Edward Lee to Promote K-Tea in New York

Photo=Amorepacific South Korea’s household goods company Amorepacific has entered a strategic partnership between its premium tea brand Osulloc and SHIA, a fine-dining restaurant in Washington, D.C., to promote Korean tea (K-Tea) in the U.S. market. Centered around shared values of sustainability, authenticity, and social impact, this collaboration aims to elevate the status of Korean cuisine while introducing Korean tea to

Jul 16 2025
11:00 AM PDT
Manyo and Braye Debut at 7-Eleven Japan, Expanding K-Beauty’s Reach

Manyo and Braye Debut at 7-Eleven Japan, Expanding K-Beauty’s Reach

(Photo=IK Holdings Company) South Korean beauty brands Manyo and Braye will launch their products at 7-Eleven stores across Japan next month, expanding their presence through the convenience store channel known for accessibility and impulse purchases. Several media outlets reported that IK Holdings, which oversees their distribution in Japan, confirmed the two brands will begin sales nationwide in August. Both brands

Jul 16 2025
10:00 AM PDT
HMM Eyes Brazil’s Santos Port in Aggressive Overseas Terminal Expansion

HMM Eyes Brazil’s Santos Port in Aggressive Overseas Terminal Expansion

(Photo=HMM) HMM, South Korea’s largest container carrier, is setting its sights on Brazil’s largest port, Santos, as part of CEO Choi Won-hyuk’s push to expand the company’s overseas terminal operations. Following its recent move in Spain’s Algeciras port, HMM signaled interest in participating in port infrastructure development in Brazil after meeting with the country’s waterway authority. Several media outlets reported 

Jul 16 2025
10:00 AM PDT
South Korean “Spicy Ramen Queen” Sees Fortune Soar to $354 Million Amid Global K-Food Craze

South Korean “Spicy Ramen Queen” Sees Fortune Soar to $354 Million Amid Global K-Food Craze

Kim Jung-soo, vice chair of South Korea’s Samyang Roundsquare and the force behind the wildly popular Buldak Bokkeummyeon (Hot Chicken Flavor Ramen), has become the wealthiest female shareholder in the Korean food industry — with her stock portfolio now valued at approximately $354 million. According to industry data released on July 13, Kim’s shares in Samyang Foods surged from around

Jul 15 2025
11:00 AM PDT