Grey Box

Mergers & Acquisitions Korea’s top cinema chains seek merger to counter box office slump

South Korea’s two leading multiplex operators Lotte Culture Works Co. and Contentree JoongAng Corp. have tentatively agreed to merge in a bid ...

Retail Quick delivery war deepens Korean big-box retailer-Baemin ties

As competition for same-day delivery heats up in South Korea, traditional big-box retailers are rushing to join hands with the country’s No. 1...

Tech, Media & Telecom KT unveils 8K resolution AI IPTV set-top box

South Korea's KT Corp. unveiled the first IPTV set-top box supporting 8K resolution (33.2 megapixels) with on-device AI capabilities on Tuesday. Ac...

Logistics CJ Logistics builds logistics center for Crocs

South Korea’s CJ Logistics announced on Thursday that it has established a global logistics center for the renowned shoe brand Crocs in Icheon...

Retail CU to sell souvenir snack set for foreign tourists

South Korean convenience store chain CU next month will launch a souvenir snack set for foreign tourists.This will be the first product of its kind ...

Food & Beverage KFC Korea to start franchise business for faster growth

Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...

Robotics Pulmuone launches unmanned instant cooking vending machine

South Korean food company Pulmuone announced on Tuesday that it developed an advanced robotic vending machine capable of preparing hot meals on dema...

Beauty & Cosmetics CJ Olive Young introduces Beauty Box filled with K-beauty products

South Korea's health and beauty store chain operator CJ Olive Young Co. announced on Thursday that it will introduce its K-beauty curation service c...

Waste management SK Ecoplant to establish virtuous cycle ecosystem for waste resources

SK Ecoplant Co., a subsidiary of South Korea's SK Group that focuses on recycling, construction and renewable energy, announced on Tuesday a busines...

Robotics SK Telecom launches AI robot kit for monitoring fire, gas leaks

South Korea's SK Telecom Co. has released an "AI robot kit" that can be attached to a robot to monitor fire and gas leaks. The kit is designed in th...

AgTech Food giant Nongshim exports two container units of smart farm to Oman

Nongshim Co., a South Korean food and instant noodle manufacturer, announced on Wednesday that it is slated to export a smart farm system to Oman, a...

Retail Korean big-box stores see credit rating downgrades

Two credit rating agencies have lowered South Korean big-box retail giants’ credit profiles. Korea’s top three big-box stores, Homeplus ...

Energy SoftPV thinks outside the box to make marble-like modules

The solar energy sector is enjoying renewed interest on the back of growing interest by investors in companies with good ESG (Environmental, Social,...

Automobiles Hyundai mulls robot dog Spot for facility inspector job

South Korea's largest carmaker Hyundai Motor Group is considering employing Spot, the four-legged robot developed by Boston Dynamics Inc., in its ...

Logistics Korea’s Busan port congestion worsening with boxes stacked, ships delayed

At the Hyundai Pusan New Port Terminal (HPNT), one of the largest terminals in South Korea’s southeastern port city of Busan, 12 quay cranes a...

Advertising & Marketing Amorepacific, Off-White unveil beauty collaboration for COVID-19 era

South Korea-based cosmetics giant Amorepacific Corp. has unveiled its beauty collaboration with Off-White, an Italian premium fashion brand, as the ...