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South Korea’s global home appliance and technology company, LG Electronics, is accelerating its expansion in the Global South
Bear Robotics, a service robot company backed by LG Electronics, is officially entering the European market through a
Hyundai Motor Company, South Korea’s leading automaker and a pioneer in hydrogen mobility, is strengthening its push into
The United States has secured a major trade deal with South Korea, reducing reciprocal tariffs from 25% to
South Korean bakery giant Paris Baguette, operated by SPC Group, is showing explosive growth in the North American market by rapidly expanding its franchise network. The brand’s momentum is being attributed to a multi-pronged strategy that is beginning to yield tangible results, including a recent deal with a franchisee who plans to open 16 stores across the U.S. According to Paris Baguette’s
Photo=LIG Nex1 Koo Bon-sang, Chairman of South Korea’s defense company LIG Nex1, has met with the head of the Mohammed bin Rashid Space Centre (MBRSC), the driving force behind the United Arab Emirates’ (UAE) space programs. He also visited DSMC International, a marketing and networking organization supporting global companies expanding into the Middle East. The visit aimed to strengthen business
(Photo=Furiosa) South Korean AI chip startup FuriosaAI has reached unicorn status with a valuation of $728 million, becoming the first unicorn company under President Lee Jae-myung's administration. The milestone comes just months after the company reportedly turned down an $874 million acquisition offer from U.S. tech giant Meta. Several media outlets reported on July 24 that FuriosaAI recently closed a
(Photo=Cass) Cass, the flagship beer brand of South Korea’s Oriental Brewery (OB), has been ranked 23rd in the 2025 list of the world’s top 50 most valuable beer brands, released by the global brand valuation agency Brand Finance. It is the only Korean brand to make the list, underscoring Cass’s rising international stature. Brand Finance, a UK-based brand valuation consultancy,
Photo=NTS South Korea's newly appointed Commissioner of the National Tax Service (NTS), Lim Kwang-hyun, has declared an aggressive campaign to collect an outstanding $80 billion in unpaid national taxes. This initiative aims to thoroughly investigate all delinquent taxpayers and reinforces the government's commitment to securing financial resources to fulfill President Lee Jae-myung's campaign pledges. During his inauguration ceremony at the
