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E-Mart’s long-running bet on the U.S. grocery market is beginning to show tangible returns, as New Seasons Market—the
South Korean entertainment stocks climbed after HYBE disclosed plans for a large-scale global tour by K-pop group BTS,
South Korea has moved to tighten the definition of “sovereign” artificial intelligence as it accelerates a state-backed effort
Lotte Group, one of South Korea’s largest conglomerates, is signaling a strategic pivot away from sales-driven expansion as
(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,
Photo=Motionelements South Korea’s aggressive decarbonization drive is accelerating the retreat of diesel-powered vehicles, with new diesel registrations falling below 100,000 units for the first time last year, according to industry data. The sharp decline highlights how government-led climate policy, tighter emissions standards and strong incentives for cleaner vehicles are reshaping one of Asia’s most advanced auto markets. Data from the
