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ElectronicsVertu, Motorola, Xiaomi eye Korean smartphone market as LG exits
South Korea’s smartphone market is notoriously hard for foreign mobile phone makers to crack. So hard that some people cal...
Nov 18, 2022 (Gmt+09:00)
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Korean chipmakersSamsung's chipmaking unit raises initial base salary to match SK Hynix's
Samsung Electronics Co.'s device solutions (DS) division, which manufactures semiconductors and displays, has raised its initial...
Nov 18, 2022 (Gmt+09:00)
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Travel & LeisureNumber of tourists to S.Korea, Japan surge on eased visa restrictions
As restrictions to traveling across national borders loosen, the number of international travelers to both South Korea and Japan...
Nov 18, 2022 (Gmt+09:00)
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Banking & FinanceDaol Investment seeks to sell Thai subsidiary, eyes $75 mn in proceeds
South Korea’s Daol Investment & Securities Co. plans to sell a controlling stake in its Thai subsidiary, Daol Thailand...
Nov 18, 2022 (Gmt+09:00)
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Corporate bondsKOGAS to sell $745 mn in hybrid securities despite jittery
The state-run Korea Gas Corp. is set to raise some 1 trillion won ($745 million) by issuing hybrid securities to lower its debt ...
Nov 18, 2022 (Gmt+09:00)
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Leadership & ManagementKorean startup CEOs’ ethical scandals emerge as major risk factor
Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related miscond...
Nov 18, 2022 (Gmt+09:00)
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Bio & PharmaCelltrion wins trial against Regeneron for US patent lawsuit over biosimilar
South Korean biopharmaceutical company Celltrion Inc. announced Friday that it won its first trial against New York-based biotec...
Nov 18, 2022 (Gmt+09:00)
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AutomobilesHyundai’s Genesis G90 named MotorTrend’s 2023 Car of the Year
Hyundai Motor Co.'s G90, a flagship sedan under the South Korean automaker’s premium sub-brand Genesis, has been named the...
Nov 18, 2022 (Gmt+09:00)
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BatteriesSK On, Korean colleges to conduct R&D of next-generation batteries
South Korean battery maker SK On has raised its research and development (R&D) capacity in next-generation cells by joining ...
Nov 18, 2022 (Gmt+09:00)
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Korean startupsMobility startup Poen takes first place at Geeks Show Up event in Jeju
South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by T...
Nov 18, 2022 (Gmt+09:00)
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Business & PoliticsNearly half of South Korea's economists urge repeal of inheritance tax
Nearly half of South Korea's economists want the inheritance tax abolished, according to a survey.The Korea Economic Association...
Nov 18, 2022 (Gmt+09:00)
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Waste managementBKT thrives as lone Korean wastewater treatment provider in US
South Korean water treatment provider Bukang Tech(BKT) on Wednesday said it earned a contract to build a wastewater treatment fa...
Nov 18, 2022 (Gmt+09:00)
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Aerospace & DefenseKorea LIG Nex1 to enjoy record earnings on missile exports
LIG Nex1 Co., a leading South Korean defense company, is expected to see record earnings this year on strong missile exports, he...
Nov 18, 2022 (Gmt+09:00)
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K-popBTS Jin's solo debut album sells over 1 mn copies in 16 days
"The Astronaut," the first solo album of K-pop megaband BTS member Jin, has sold over 1 million copies in the 16 days since its ...
Nov 18, 2022 (Gmt+09:00)
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Business & PoliticsSouth Korea's economic bodies urge revision of US Inflation Reduction Act
Six leading economic organizations in South Korea have sent a joint letter to the US government and Congress requesting revision...
Nov 18, 2022 (Gmt+09:00)