spirit subscription

Korean food BTS Jin to enter liquor business

BTS Jin plans to enter Korean traditional liquor business with Baek Jong-won, founder and CEO of The Born Korea Co., the entertainment industry sour...

Automobiles Hyundai launches EV charging subscription in Indonesia

Hyundai Motor Co. said on Wednesday its launch of an electric vehicle (EV) charging subscription service for vehicle owners in IndonesiaSubscribers ...

Electronics LG to expand appliance subscriptions to India to speed up leasing business

LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...

Earnings LG Electronics logs highest-ever Q3 revenue

LG Electronics Inc. posted its highest-ever sales in the third quarter this year because of the updated home appliances business portfolio, which fo...

Artificial intelligence KT unveils photos of Canadian fall destinations using GenAI

KT Corp. unveiled on Monday the Canadian edition of Genie TV's AI Travel View, which was created using generative artificial intelligence technology...

Korean chipmakers Tokyo Electron: Chip machinery giant with ‘tireless animal spirit’

TOKYO – In the 1980s, Japanese chipmakers dominated the world’s semiconductor industry.Companies like NEC, Toshiba, Fujitsu and Mitsubis...

Regulations Korea tightens rules on Netflix, Spotify subscription billing

South Korea’s antitrust body is slated to tighten the leash on subscription businesses of streaming service providers such as Netflix Inc. and...

Batteries Time to revive innovator spirit: LG Energy Solution CEO

South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...

Robotics LG Elec launches CLOi robot subscription service

LG Electronics Inc. announced on Monday that it launched its Robot as a Service (RaaS) with CLOi robots starting this month.Business-to-business (B2...

Artificial intelligence Conversational AI startup Rapeech attracts $4.4 mn investment

South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4....

Earnings LG Electronics logs record-high revenue in Q1 on B2B push

LG Electronics Inc. raked in its largest-ever quarterly revenue in the first quarter of this year, maintaining upward momentum after a stellar 2023,...

Food & Beverage Cooling demand sparks layoffs at Korean spirits importers

Dwindling demand for foreign beers and whiskeys in South Korea has led some local liquor importers to let go of some staff, spurring concerns about ...

Food & Beverage Unwavering whiskey fad in Korea, held up by mass-market spirits

The whiskey hype, which started during the COVID-19 pandemic, shows no sign of receding in South Korea, and the latest craze, mainly driven by affor...

Leadership & Management Hyundai Motor chief aims to revive grandfather’s spirit in Saudi Arabia

Back in the 1970s, the Middle East was where many South Korean companies longed to be as the region was the country's main source of foreign income....

Corporate strategy Hanwha Group chair calls for startup-like entrepreneurial spirit

South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bold innovations of its...

IPOs Doosan Robotics attracts $24.8 billion from retail investors in IPO deposits

Doosan Robotics Inc., a unit of South Korea’s Doosan Group, has attracted billions of dollars from retail investors in subscription deposits f...

Robotics Doosan Robotics aims to draw $256 mn in IPO subscriptions

South Korea’s Doosan Robotics Inc. aims to attract an estimated 340.2 billion won ($255.8 million) in the initial public offering bookbuilding...

Electronics Samsung's Bespoke Qooker surpasses 200,000 units in sales

Samsung Electronics Co.'s Bespoke Qooker has exceeded cumulative sales of 200,000 units within two years since its launch.Bespoke Qooker is a vers...

Robotics LG Uplus announces expansion of robot business from serving to logistics

South Korea’s third-largest mobile carrier, LG Uplus Corp., said on Monday that it will expand its robot business from the existing serving se...

Automobiles Innocean releases brand film of Kia Sportage’s 30th anniversary

Innocean, a Hyundai Motor Group-affiliated advertising agency, has rolled out a brand film to mark the 30th anniversary of Kia Corp.'s Sportage, the...

Batteries Kia to begin EV battery subscription service pilot project

South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...

Economy S.Korea mulls adding national pension benefits to raise birth rate

South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...

Tech, Media & Telecom Number of Netflix users in S. Korea drops 30% in a year

The number of Netflix users in South Korea has decreased by more than 30% in the past year since the recovery from COVID-19. According to Byun Jae-...

Tech, Media & Telecom LG Elec-SM Ent JV to unveil beta home fitness app in March

Fitness Candy, a joint creation by LG Electronics Inc. and SM Entertainment Co. to rival Apple Fitness Plus, is expected to unveil its beta service ...

Content platforms KT Skylife offers Disney Plus service via its channel

KT Skylife Co.,the satellite TV service subsidiary of South Korea's telecommunications-oriented KT Group, said on Wednesday that it is offering Disn...

Entertainment CJ ENM to provide K-content on free platforms Tubi, Roku

South Korean entertainment giant CJ ENM Co. is linking up with major free streaming services in North America to expand accessibility for global fan...

Korean startups SK Energy buys stake in subscription car wash service

South Korea is seeing growth in the variety of services for the rising number of eco-friendly electric vehicles (EVs) on the nation's roads.Industry...

Tech, Media & Telecom SK Tel aims for $723 mn in subscription service transaction volume

SK Telecom Co. plans to reach 1 trillion won ($723 million) in transaction volume for subscription services such as its new T Universe. The Sou...

Korean startups Deep learning SaaS provider Z.Ai wins at D.Camp pitch competition

Deep learning-based Software as a Service (SaaS) provider Z.Ai Inc. won the September pitch competition hosted by Seoul-based startup accelerator D....

Cloud computing Hancom to focus on cloud computing and AI services

South Korea’s homegrown software giant Hangul and Computer Group, also known as Hancom Inc. Group, is slated to transform itself into a cloud ...