Aekyung Industrial, one of South Korea’s largest consumer goods companies, has announced a voluntary recall of six toothpaste products sold under its flagship 2080 brand after discovering trace amounts of triclosan, a preservative banned from oral care products under South Korean regulations. The company said internal testing conducted last month found minimal contamination of triclosan in toothpaste manufactured in China

(Photo=Samsung) A surge in artificial intelligence spending by U.S. technology companies is reshaping the global semiconductor industry, restoring pricing power to memory suppliers and pulling Samsung Electronics, the world’s largest producer of memory chips, back into a central role after a prolonged downturn. Samsung, the world’s largest memory chipmaker, said preliminary results showed fourth-quarter revenue of about $64 billion and

At this year’s Consumer Electronics Show, where smart appliances and AI-powered gadgets filled cavernous exhibition halls, South Korean wellness company Ceragem offered a different vision of the future. It was not just about smarter devices, but about a smarter home—one that senses, responds and actively manages the health of its occupants. Ceragem, which began 27 years ago as a medical-device

(Photo=Olive Young) CJ Olive Young, South Korea’s largest health and beauty retailer, is turning the United States into the first test market for its global expansion strategy, opening physical stores in one of the world’s most competitive beauty markets before pushing the same retail-and-brand model into emerging economies such as Pakistan. The company plans to open four brick-and-mortar stores in

Photo= HD Hyundai HD Korea Shipbuilding & Offshore Engineering, the shipbuilding holding unit of HD Hyundai, has secured its first order of the year, signing a major contract for liquefied natural gas (LNG) carriers as demand for high-value vessels remains strong. The company said it recently signed a contract with an Americas-based shipowner to build four very large LNG carriers,