Lotte Data Communication Co.
Scope
Date
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Earnings
SK Telecom’s Q3 profit up on brisk data center, cloud sales
SK Telecom Co.'s third-quarter operating profit increased 7% on-year, becoming the only South Korean mobile carrier posting an on-year gain in profi...
Nov 08, 2023 (Gmt+09:00)
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Foreign exchange
Won strengthens past 1,300 mark vs dollar on short-sale ban
The South Korean won continued its bull run on Monday, strengthening past the psychologically important barrier of 1,300 level against the dollar fo...
Nov 06, 2023 (Gmt+09:00)
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Batteries
SK Ecoplant to supply fuel cells to Irish data centers
SK Ecoplant Co., a South Korean construction engineering and waste management firm, plans to provide solid oxide fuel cells (SOFC) to Irish power ge...
Nov 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Neowiz, SK Hynix to team up for global marketing
South Korean game developer Neowiz announced on Friday it has signed a memorandum of understanding (MOU) with SK Hynix Inc. for global marketing col...
Nov 03, 2023 (Gmt+09:00)
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Leadership & Management
Ex-Kumho Petrochemical chair returns as Kumho Mitsui co-CEO
Park Chan-koo, former chairman of South Korea’s Kumho Petrochemical Group, has returned to the top position of Kumho Mitsui Chemicals Inc. as ...
Nov 02, 2023 (Gmt+09:00)
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Carbon neutrality
SK Innovation, ENEOS to co-work for low-carbon energy
SK Innovation Co. said on Wednesday it will bolster its alliance with Japan's largest petroleum refiner ENEOS. This decision builds on their histor...
Nov 01, 2023 (Gmt+09:00)
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Batteries
POSCO International, Lotte Energy in $4.4 bn battery materials supply deal
POSCO International Corp. has signed a 6 trillion won ($4.4 billion) deal to supply raw materials used to make copper foil, a battery component, to ...
Nov 01, 2023 (Gmt+09:00)
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Chemical Industry
S.Korea's SKC to sell fine ceramic business for $270 mn
South Korea's SKC Ltd. announced on Tuesday it will sell the fine ceramics business of its subsidiary SK enpulse, a semiconductor materials investme...
Oct 31, 2023 (Gmt+09:00)
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Bio & Pharma
Lotte builds US antibody-drug conjugate plant with $82 mn
South Korea’s Lotte Biologics Co. is establishing an antibody-drug conjugate (ADC) factory in Syracuse, New York, with an investment of 110 bi...
Oct 31, 2023 (Gmt+09:00)
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Robotics
LG Uplus to build robot-friendly building with Hyundai
South Korea’s LG Uplus Corp. has teamed up with Hyundai Motor Co. and Kia Robotics Lab to build a communications infrastructure ecosystem at a...
Oct 31, 2023 (Gmt+09:00)
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Artificial intelligence
LG Uplus developing communications GenAI ixi-GEN
South Korea’s LG Uplus Corp. on Sunday said it is developing the generative artificial intelligence (GenAI) ixi-GEN.The large language model (...
Oct 30, 2023 (Gmt+09:00)
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E-commerce
SK Square in talks with Qoo10 for joint management of 11Street
SK Square Co., the investment management arm of SK Group, is in talks with Qoo10 Pte. to merge its e-commerce subsidiary 11Street with the Singapore...
Oct 27, 2023 (Gmt+09:00)
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Advertising & Marketing
Innocean to invest $370 million in new growth drivers
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...
Oct 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus completes second hyperscale data center
South Korea’s telecommunications company LG Uplus Corp. on Thursday announced the completion of a hyperscale data center – its second --...
Oct 27, 2023 (Gmt+09:00)
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Korean food
Lotte Wellfood promotes Pepero Day in New York
South Korea's Lotte Wellfood Co. announced on Thursday it has started the global campaign for Pepero in the US, the company's iconic chocolate-cover...
Oct 26, 2023 (Gmt+09:00)
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Retail
Lotte Home Shopping, Thai TACC in Bellygom character licensing deal
Lotte Home Shopping Inc. has signed a character licensing agreement with Thailand’s TAC Consumer Public Co. (TACC), a lifestyle product and be...
Oct 24, 2023 (Gmt+09:00)
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Artificial intelligence
LG Innotek detects design flaws using AI tech
South Korean electronic parts manufacturer LG Innotek announced on Tuesday it has implemented an artificial intelligence (AI) analysis system to qui...
Oct 24, 2023 (Gmt+09:00)
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Artificial intelligence
LG CNS starts corporate knowledge management service
South Korean information and communications technology service provider LG CNS has launched a service for finding useful knowledge and data within a...
Oct 24, 2023 (Gmt+09:00)
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Future mobility
SK Telecom, Mars Auto to advance self-driving large trucks
South Korea's SK Telecom Co. signed a memorandum of understanding (MOU) on Monday with the autonomous driving startup Mars Auto for cooperation in t...
Oct 23, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte, two SK Group units to join hands for carbon capture
Lotte Chemical Corp., SK Innovation Co. and SK IE Technology Co. (SK IET) have signed a memorandum of understanding (MOU) to make their joint push i...
Oct 23, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom, Deutsche Telekom to design LLM
SK Telecom Co. on Sunday said it will develop a large language model (LLM) specifically for the communications sector with Deutsche Telekom of Germa...
Oct 23, 2023 (Gmt+09:00)
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Retail
Lotte Duty Free focuses energy on stores in Seoul
South Korea’s Lotte Duty Free, which removed its stores from Incheon International Airport in late June, is channeling its energy toward boost...
Oct 20, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Elec to develop spam filter with public web body
Samsung Electronics Co. and the Korea Internet & Security Agency (KISA) on Wednesday signed a memorandum of understanding on minimizing damage t...
Oct 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Siemens to jointly build smart shipyard
South Korean HD Hyundai Co. and Siemens, a Germany-based global smart engineering company, will jointly develop a data platform for building a smart...
Oct 18, 2023 (Gmt+09:00)
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Chemical Industry
SK Chemicals, Estée Lauder to co-work for eco-friendly packaging
South Korea's SK Chemicals Co. announced on Tuesday a partnership with Estée Lauder, the leading global cosmetics brand, to integrate circula...
Oct 17, 2023 (Gmt+09:00)
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Corporate strategy
Lotte leads corporate push to raise Korea’s dismal birthrate
South Korea’s dreadfully low birthrate — the world’s lowest — is not just a concern for politicians or government officials....
Oct 16, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's DuChemBio localizes core materials of radiopharmaceuticals
South Korea's DuChemBio Co. announced on Thursday that it has obtained final approval for a recovery and purification facility for oxygen-18 concent...
Oct 12, 2023 (Gmt+09:00)
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Venture capital
Lotte Ventures hosts L-Camp in Tokyo for promising Korean startups
TOKYO – Lotte Ventures Corp., the corporate venture capital (CVC) business unit of South Korea’s Lotte Group, on Thursday hosted L...
Oct 12, 2023 (Gmt+09:00)
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Korean startups
Ably, Meta develop AI-based ad measurement tech
South Korean fashion commerce platform Ably Corp. on Thursday announced the world’s first artificial intelligence (AI)-based technology for as...
Oct 12, 2023 (Gmt+09:00)
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Korean startups
Korean startups join push to champion satellite data analytics market
Artificial intelligence is making big changes everywhere, even in space. Joining an AI-controlled space war, South Korean startups armed with AI tec...
Oct 11, 2023 (Gmt+09:00)