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Supply chainS.Korean trucker strike enters 3rd day, targets Samsung’s supply chain
South Korea’s unionized truckers, on day three of a large-scale strike, have moved to disrupt the supply of materials need...
Jun 09, 2022 (Gmt+09:00)
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Mergers & AcquisitionsMcDonald’s to sell Korea operation, heating up burger M&As
McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heati...
Jun 09, 2022 (Gmt+09:00)
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ElectronicsLG Elec CEO pledges cross-industry design innovation
MILAN, Italy – South Korea’s LG Electronics Inc. will focus on upgrading its home appliance designs to reflect the l...
Jun 09, 2022 (Gmt+09:00)
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LogisticsCJ Logistics steps up automated distribution system in SE Asia
South Korea’s major logistics firm CJ Logistics Corp. is accelerating business expansion in Southeast Asia. It has started...
Jun 09, 2022 (Gmt+09:00)
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Research & DevelopmentLG CNS launches virtual factory and lab business
LG CNS announced Thursday it will launch a new business of developing virtual factories and labs as part of its broader digital ...
Jun 09, 2022 (Gmt+09:00)
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Korean chipmakersSK Hynix to supply industry’s best-performing DRAM to Nvidia
SK Hynix Inc., the world’s second-largest memory chipmaker, is set to supply the industry’s best-performing DRAM to ...
Jun 09, 2022 (Gmt+09:00)
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Korean startupsLG Group to invest $119 million into 300 startups through 2025
LG Group announced Thursday it will invest 150 billion won ($119 million) into 300 startups through 2025.The conglomerate host...
Jun 09, 2022 (Gmt+09:00)
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AutomobilesStartup tapped to lead S.Korea’s autonomous car security project
South Korea has embarked on a public-private project to bolster communication security for autonomous driving, for which a domes...
Jun 09, 2022 (Gmt+09:00)
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Corporate bondsIt's time to bet on high-yield bond funds: Barings
High-yield bonds generally create greater yields than other funds, but low-quality bonds are vulnerable to economic downturns an...
Jun 09, 2022 (Gmt+09:00)
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Tech, Media & TelecomSK Broadband applies quantum cryptography to Korea network
SK Broadband Co., a South Korean internet service provider, succeeded in using quantum cryptography for the government’s b...
Jun 09, 2022 (Gmt+09:00)
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RetailLotte Duty Free to close COEX store in central Seoul
Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the ...
Jun 09, 2022 (Gmt+09:00)