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BUSINESS

BUSINESS

Buldak maker’s stock erupts to all-time high amid viral wave

The price of Samyang Foods shares hit an all-time high, powered by the global popularity of its crown jewel, Buldak ramen. The stock closed at...
BUSINESS

LG Chem pledges $86.6 million for water desalination device plant in Saudi Arabia

LG Chem will invest up to 120 billion won ($86.6 million) jointly with Alkhorayef Group to build its first overseas water desalination device plant...
BUSINESS

Samsung set to mass-produce 12-layered HBM3E in Q2, eyes Nvidia deals

Samsung Electronics plans to mass-produce 12-layered HBM3E chips in the second quarter of this year, aiming for an early lead in the next-generation premium...
BUSINESS

Seoul to adopt tagless payment system on subway lines 1 to 8 by late 2025

Seoul plans to implement a tagless payment system along subway lines No. 1 through 8 as early as the second half of 2025. The Seoul...
BUSINESS

Inside the contentious contract dividing HYBE and ADOR

  At the heart of the intensifying feud between HYBE and ADOR CEO Min Hee-jin is a shareholder contract that the two parties signed in...
BUSINESS

HYBE stock plunges after ADOR CEO’s emotionally-charged press appearance

HYBE's stock price plunged more than 5 percent on Friday, following a press conference by NewJeans' producer publicly revealing the internal feud between the...
BUSINESS

South Korea puts first indigenous nanosatellite into orbit as part of constellation project

The first domestically developed nanosatellite communicated with the ground station at the Korea Aerospace Research Institute in Daejeon after it was launched into orbit...
BUSINESS

LG Display produces world’s first ‘dual-mode’ OLED gaming panel

LG Display began mass production of its organic light-emitting diode (OLED) dual-mode gaming panel that allows users to swap between two resolutions with assigned...
BUSINESS

Samsung SDI unveils cutting edge tech at EV symposium in Seoul

Samsung SDI will showcase cutting-edge technologies, including a solid-state battery and an ultrafast charging system, at the 37th Electric Vehicle Symposium & Exposition (EVS37),...
BUSINESS

Global coffee, restaurant franchises flourish in Seoul as local palates expand

Seoul was once known as the deathbed for global F&B chains and franchises. Established brands like Cold Stone and Wendy’s used to ambitiously enter...
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