Galaxy Unpacked 2023
Scope
Date
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Electronics
Samsung to offer AI features in Galaxy Z6 foldable series
Samsung Electronics Co. will power its Galaxy Z6 series due to be unveiled next month with mobile AI technology, including a live translation featur...
Jun 07, 2024 (Gmt+09:00)
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Economy
S.Korea beats Japan in GNI per capita for 1st time in 2023
South Korea outstripped Japan in terms of per capita gross national income (GNI) for the first time in 2023, central bank data showed, with the Japa...
Jun 05, 2024 (Gmt+09:00)
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Corporate bonds
Korea’s non-financial firms rush to issue perpetual bonds
Perpetual bond offerings by non-financial firms in South Korea are poised to hit new records this year as many companies have flocked to the hybrid ...
Jun 05, 2024 (Gmt+09:00)
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Economy
Korea’s April factory output rebounds amid weak consumption
South Korea’s factory production rebounded in April on healthy manufacturing while domestic consumption and capital expenditures dipped, indic...
May 31, 2024 (Gmt+09:00)
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Automobiles
Ferrari unveils 12Cilindri in S.Korea, 1st time in Asia
INCHEON -- Italian sports car maker Ferrari S.p.A. on Thursday unveiled the 12Cilindri with a V12 petrol engine in South Korea for the first time in...
May 30, 2024 (Gmt+09:00)
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IPOs
Tencent-backed Shift Up seeks June IPO at $2.6 bn value
South Korean gaming firm Shift Up Corp. is eyeing an initial public offering on the main Kospi in June, with an enterprise value of 3.48 trillion wo...
May 28, 2024 (Gmt+09:00)
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Entertainment
HYBE offers to sell $62 mn SM Entertainment shares
HYBE Co., the company behind global sensations BTS and NewJeans, has offered to sell some of its shares in K-pop pioneer SM Entertainment Co. in a b...
May 28, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS' marketing platform MOP surpasses 800 corporate customers
South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Thursday that its Marketing Optimization Platform (MOP), la...
May 23, 2024 (Gmt+09:00)
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Electronics
Samsung’s new AI PC to hit global market in mid-June
Samsung Electronics Co. will start offering the Galaxy Book4 Edge, a new addition to its latest flagship Galaxy Book4 laptop series and powered by b...
May 21, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung's Galaxy Studio Photo surpasses 100,000 visitors
Samsung Electronics Co. announced on Sunday that the Galaxy Studio Photo at South Korea's theme park Everland has surpassed 100,000 visitors. The Ga...
May 20, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Galaxy 5G phone tops ACSI in US
Samsung Electronics Co.'s Galaxy smartphone caught Apple in the cell phone manufacturer lead, taking the top spot among 5G phones, according to The ...
May 16, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung aims to overtake TSMC, Apple with 3 nm Exynos W1000 chip
Samsung Electronics Co., the world’s largest memory chipmaker, plans to apply its latest 3-nanometer chip processing technology to the manufac...
May 13, 2024 (Gmt+09:00)
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Electronics
Samsung hits highest US smartphone market share in 4 years
Samsung Electronics Co. has achieved its highest market share in the US smartphone market in four years, thanks to its first AI phone the Galaxy S24...
May 10, 2024 (Gmt+09:00)
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The KED View
Shinsegae’s day of reckoning looms for online ambitions
Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's t...
May 08, 2024 (Gmt+09:00)
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Economy
OECD sharply revises up S.Korea GDP forecast after strong Q1
The Organisation for Economic Co-operation and Development (OECD) forecasts South Korea’s economy to expand at a faster pace than it previousl...
May 02, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung launches Galaxy C55 5G in China
Samsung Electronics Co. has launched the Galaxy C55 5G, a budget-friendly smartphone series designed specifically for the Chinese market, marking th...
Apr 25, 2024 (Gmt+09:00)
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Automobiles
BMW to support Korean automotive startups at new R&D center
German luxury carmaker BMW Group is set to support South Korean automotive startups in their overseas expansion as it on Monday opened a new researc...
Apr 22, 2024 (Gmt+09:00)
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Fashion
Louis Vuitton, Chanel, Dior post weak profits in Korea post-pandemic
Global luxury brands Louis Vuitton, Chanel and Dior saw worsening profitability of their South Korean operations last year after a few years of dece...
Apr 19, 2024 (Gmt+09:00)
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Food & Beverage
McDonald’s Korea sees record sales in 2023
Fast food giant McDonald’s Corp. achieved record revenue of 1.29 trillion won ($815.9 million) last year in Korea, according to its regulatory...
Apr 17, 2024 (Gmt+09:00)
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Private equity
Daesung PE tops Korean venture funds by return in 2018-2023
Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023,...
Apr 17, 2024 (Gmt+09:00)
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Electric vehicles
Doosan, LG unveil automated EV charger served by robot
Doosan Robotics Inc. and LG Electronics Inc. have jointly developed an automated electric vehicle charger served by a robot and launched its pilot o...
Apr 16, 2024 (Gmt+09:00)
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Automobiles
Korean tire makers step up push into bigger, high-margin tires
South Korean tire makers are betting big on premium tires fitted for sports utility vehicles, full-size sedans and electric vehicles, after bigger a...
Apr 12, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung Galaxy AI expands to 16 languages
Samsung Electronics Co. announced on Thursday that it is expanding the translation and communication language support of Galaxy AI, first introduced...
Apr 11, 2024 (Gmt+09:00)
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Food & Beverage
Korea’s makgeolli market hits brakes amid whiskey fad
The market growth of South Korea’s traditional milky and often sweet rice wine, makgeolli, has slowed after the country’s younger genera...
Apr 09, 2024 (Gmt+09:00)
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Korean startups
South Korean drone startups rush to join military drone race
South Korean drone-developing startups are rushing to join the race to develop military drones to meet growing demand for drones fit for combat oper...
Apr 08, 2024 (Gmt+09:00)
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E-commerce
Coupang's PB SMEs in S.Korea triple in five years
Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturer...
Apr 08, 2024 (Gmt+09:00)
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Food & Beverage
CJ Foodville sees record-high operating profit in 2023
CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of bakery chain brand Tous les Jours saw a record-high operatin...
Apr 05, 2024 (Gmt+09:00)
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Electronics
Samsung ups smaller OLED workforce to fend off Chinese rivals
Samsung Display Co., South Korea’s top screen maker, increased its workforce for smaller organic light-emitting diode (OLED) panels used for p...
Apr 04, 2024 (Gmt+09:00)
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Real estate
Blackstone sells prime Seoul office building for $586 mn to Koramco
Blackstone Inc. completed selling off Arc Place, a prime office building located in Seoul's upscale Gangnam area, to Koramco REITs Management and Tr...
Apr 01, 2024 (Gmt+09:00)
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Retail
E-Mart offers voluntary retirement after 2023 loss
E-Mart Inc., South Korea’s largest supermarket chain, has launched a company-wide early retirement program for the first time in its 31-year h...
Mar 25, 2024 (Gmt+09:00)