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Cho Won-tae, chairman of Hanjin Group, received record compensation last year even as key affiliates reported weakening earnings,
Nvidia Chief Executive Jensen Huang on March 16 (local time) praised Samsung Electronics as a key partner in
South Korea’s LG CNS, the IT and digital transformation arm of LG Group, is emerging as part of
SK Hynix, a South Korean semiconductor manufacturer and one of the world’s largest producers of memory chips used
(Photo=Pixabay) South Korea’s Lunar New Year holiday compresses a season’s worth of household grocery spending into a single shopping sprint, making the cost of the traditional ancestral table a closely watched proxy for food inflation. This year’s numbers point to mild relief—driven largely by cheaper produce—rather than a clear turning point. A survey by Korea Price Information found that the
(Photo=Pixabay) Foreign tourists are no longer just a seasonal tailwind for South Korea’s retailers. They are becoming a structural source of demand—one that is increasingly shaping store formats, marketing strategy and capital spending across the industry. The shift comes as domestic consumption remains sluggish, leaving department stores and big-box chains more dependent on overseas visitors to support growth. Retail executives
Photo=HanaBank South Korea’s benchmark Kospi climbed back above the 5,000 level in early trading Thursday, supported by aggressive buying from retail investors as global risk sentiment improved. The index rose 1.27% to 5,015.25 as of 9:21 a.m. local time, after opening at 4,984.08, up 0.64% from the previous close. The rebound restored a psychologically significant milestone after the Kospi briefly
Photo=Hyundai Motor Group South Korea may be on the verge of a new kind of labor conflict—one that pits human workers against humanoid machines—after Hyundai Motor Co.’s powerful union vowed to block robots from entering factory floors without a formal labor-management agreement. The warning raises the prospect of escalating tension just as Hyundai Motor Group pushes deeper into robotics and
Photo=Lotte Biologics Lotte Biologics, the contract drug-manufacturing arm of South Korea’s Lotte Group, is sharpening its focus on antibody-drug conjugates, or ADCs, as it seeks to carve out a stronger position in the crowded global market for biologics manufacturing. The company is accelerating what it calls a “global quality integration” strategy, linking its manufacturing operations in the United States and
