Baby Face
Scope
Date
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Korean chipmakers
Samsung, SK Hynix face collateral damage from Micron chip ban
South Korea’s two major chipmakers — Samsung Electronics Co. and SK Hynix Inc. — are feeling the heat as they are dragged further ...
May 22, 2023 (Gmt+09:00)
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Batteries
Resumption of LG Energy Solution's JV in Canada gets green light
South Korea’s LG Energy Solution Ltd. has received the green light to resume construction of an electric-vehicle battery joint venture in Ca...
May 22, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific launches customized makeup brand Tonework
South Korea’s cosmetics giant Amorepacific Corp. will officially launch its customized makeup brand "Tonework" on Tuesday.Tonework precisely...
May 16, 2023 (Gmt+09:00)
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Markets
S.Korea's brokerages lower stock target prices for Shinsegae Int'l
South Korea's securities companies on Thursday lowered their target stock prices for retailer Shinsegae International given its sluggish first-quart...
May 11, 2023 (Gmt+09:00)
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Real estate
Seoul advised to prepare exit plans for real estate funds
Global real estate investment funds managed by South Korean financial services firms have swelled by more than 14 times to 72 trillion won ($5.4 bil...
May 03, 2023 (Gmt+09:00)
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Economy
S.Korea’s births fall to record low in February
South Korea's births fell to a fresh low in February in 2023. The number of deaths decreased, but the population continued to decline naturally for ...
Apr 26, 2023 (Gmt+09:00)
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Electronics
Samsung faces $303 mn jury verdict in memory patent lawsuit in US
Samsung Electronics Co. lost a semiconductor patent infringement lawsuit filed in the US. The South Korean company received a jury verdict to pay ab...
Apr 23, 2023 (Gmt+09:00)
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Culture & Trends
High- and low-income S.Koreans alike reluctant to have babies: Survey
South Koreans in low- and high-income brackets alike are unwilling to have children due to either insufficient time or money, found a recent survey ...
Apr 18, 2023 (Gmt+09:00)
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Entertainment
S.Korea’s character Baby Shark stars with Sesame Street’s Elmo
Baby Shark, the popular children’s character from South Korea’s family entertainment company Pinkfong, and Elmo, the famous red monster ...
Apr 18, 2023 (Gmt+09:00)
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E-commerce
Luxury fashion platform Balaan faces thinning coffers amid mounting loss
Concerns are growing about the financial health of South Korean luxury fashion e-commerce platform operator Balaan Co. after its net loss doubled on...
Apr 14, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korean semiconductor industry faces sharp decline: report
The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...
Apr 10, 2023 (Gmt+09:00)
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K-pop
BTS' Jimin tops US Billboard singles chart with 1st solo release
Jimin of K-pop sensation BTS is the first South Korean solo act to hit No. 1 on Billboard's main singles chart Hot 100.The American music and entert...
Apr 04, 2023 (Gmt+09:00)
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Korean stock market
S.Korea's tech special IPOs face criticism on poor earnings of ventures
Around 200 South Korean ventures have debuted on the country’s secondary Kosdaq market through the technology special listing program since 20...
Apr 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's S-1 releases facial recognition reader 2.0
South Korea's system securities provider S-1 Corp. has launched a new solution that reduces the facial recognition time by 40% compared to previous ...
Apr 03, 2023 (Gmt+09:00)
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Cryptocurrencies
U.S., South Korea Vie Over Extradition of Crypto Fugitive Do Kwon
The U.S. and South Korea are both seeking to extradite captured crypto entrepreneur Do Kwon from Montenegro, authorities in the tiny European nation...
Apr 03, 2023 (Gmt+09:00)
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Automobiles
S.Korea's auto industry faces shortage of skilled workers for future cars
South Korea's automobile industry is rapidly transitioning toward the future such as environmentally friendly and smart cars, but the sector is faci...
Mar 31, 2023 (Gmt+09:00)
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Business & Politics
KT faces protracted leadership vacuum amid political meddling
Yoon Kyoung-lim, the sole nominee to be KT Corp.’s next chief executive, has offered to resign, sending the selection committee of the top S...
Mar 23, 2023 (Gmt+09:00)
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Fintech
Apple Pay to shake up S.Korea's digital payment market
The launch of Apple Pay in South Korea on Tuesday is poised to shake up the country’s digital payment market as the sector leader Samsung Pay ...
Mar 21, 2023 (Gmt+09:00)
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Economy
S.Korea’s jobs in February grow at slowest pace in 2 years
South Korea’s jobs grew at the slowest pace in two years last month partly owing to a slowdown in the country’s manufacturing sector due...
Mar 16, 2023 (Gmt+09:00)
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Samsung Group
Samsung Chairman Jay Y. Lee pledges more anonymous donations
“I want to actively participate in volunteer work but it isn't easy because my face is known.”Samsung Electronics Co. Chairman Jay Y. Le...
Mar 13, 2023 (Gmt+09:00)
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Fraud scandals
Hankook Tire chairman arrested for alleged embezzlement
The head of Hankook Tire & Technology Co., South Korea’s top tire maker, was arrested on Thursday on charges of embezzlement, breach of tr...
Mar 09, 2023 (Gmt+09:00)
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Batteries
Samsung SDI, GM to build $3.8 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors Co., spending about 5...
Mar 03, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix face cap on tech level of chips made in China
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...
Feb 24, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung unveils new Exynos mobile chips for midrange smartphones
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled a duo of new Exynos mobile application processor (AP) chips to pow...
Feb 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
FuriosaAI speeds up development of next-gen AI chip with Hugging Face
FuriosaAI Inc., South Korea’s fabless chip designer, has teamed up with Hugging Face Inc., a New York-based AI company boasting a massive tran...
Feb 22, 2023 (Gmt+09:00)
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Retail
CJ Olive Young faces discipline for abuse of power with suppliers
CJ Olive Young Co., South Korea’s top beauty store chain, will face punishment by the country’s antitrust regulator for abuse of power o...
Feb 08, 2023 (Gmt+09:00)
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Economy
Korea returns to current account surplus in Dec but faces export slump
South Korea’s current account balance returned to the black in December from the previous month mainly thanks to gains in dividend payments bu...
Feb 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea internet data center construction faces health issue
South Korea’s information technology industry hit a snag with building new internet data centers (IDCs) due to controversies over the potentia...
Jan 17, 2023 (Gmt+09:00)
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Airlines
Fly Gangwon fails to pay salaries again due to financial woes
Fly Gangwon, a low-cost carrier based at Yangyang International Airport in Gangwon Province, South Korea, is in serious financial trouble. As its fi...
Jan 06, 2023 (Gmt+09:00)
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Venture capital
Smart Study Venture creates $28.4 million Baby Shark Tourism Fund
Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has created a "Baby Shark Nex...
Jan 06, 2023 (Gmt+09:00)