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Executive reshuffles Samsung to replace chiefs of 3 key posts: Memory, foundry, system LSI

Samsung Electronics Co. plans to replace the three key posts of its semiconductor business — memory, foundry and system LSI — as the Sou...

ASK 2024 KIC bets on AI-driven value creation: CEO

Sovereign wealth fund Korea Investment Corporation (KIC) will aggressively explore early investment opportunities in sectors undergoing AI-driven in...

Entertainment Shinsegae, Paramount to build $3.39 billion theme park complex in S.Korea

South Korea’s retail giant Shinsegae Group said on Thursday it has partnered with US media group Paramount Global on a 4.57 trillion won ($3.3...

ESG LG releases sea lion-themed animal conservation video in Times Square

LG Electronics Inc. announced on Tuesday that it has unveiled a sea lion-themed video for its “The LG Endangered Species Series” campaig...

Tech, Media & Telecom LG’s telecom unit looks to lure foreigners with more K-pop-themed shops

LG Uplus Corp., South Korea’s No. 3 mobile carrier, is set to lure foreign customers by opening K-pop-themed stores in the country's major sho...

Entertainment Korea’s Everland to lure horror fans with Netflix series

Everland, South Korea’s largest theme park, is set to lure horror movie fans at home and abroad with famous fright series such as “Stran...

Korean stock market Korea's KEDI-based ETFs boom; net assets double in 2 months

South Korean exchange-traded funds (ETFs) tracking KEDI, an index set created by The Korea Economic Daily, are booming on growing investor demand fo...

Korean food CJ Group to hold K-festa in Vietnam

South Korea's CJ Group announced on Thursday that it will hold a "CJ K-festa" in Vietnam from Aug. 10 to Sept. 1, focusing on food, sports and movie...

Companies Samsung, Ottogi unveil exclusive lifestyle TV goods

Samsung Electronics Co. announced on Friday that it collaborated with the domestic food company Ottogi to release limited edition goods called Samsu...

Entertainment Korean theme parks recover to near pre-pandemic levels

Everland and Lotte World, South Korea’s two largest theme parks, posted their highest-ever profits in 2023, recovering from the COVID-19 pande...

Retail Lotte Home Shopping opens Bellygom pop-up in Myeongdong

South Korea's Lotte Home Shopping announced on Monday that it will open a Bellygom pop-up store at Lotte Duty Free's showroom Now in Myeongdong unti...

Electronics LG OLED TV's new theme: Empathetic, personalized AI

LG Electronics Inc., the world’s No. 1 OLED TV producer, defines artificial intelligence as empathetic intelligence for customers. On Wednesda...

Entertainment Innocean, HYBE launch Seventeen project in Bangkok

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it has launched a K-pop boy g...

Construction & Planning Daewoo E&C opens theme park Ice Jungle in Phu Quoc

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened the digital theme park Ice Jungle in its ongoing luxury residential ...

Korean innovators at CES 2024 Hyundai Motor’s themes at CES 2024: Hydrogen, software

South Korea’s top automaker Hyundai Motor Co. is set to present its blueprint for a hydrogen energy ecosystem and software under the theme of ...

Travel & Leisure Foreign visitors to S.Korea on course to top 10 mn milestone

The number of foreign visitors to South Korea spiked 158.3% to 1.23 million in October from the month previous, the Korea Tourism Organization said ...

Retail HDC IPark Mall opens S.Korea's first Nintendo pop-up store

South Korea’s HDC IPark Mall has opened Japanese game giant Nintendo’s first official pop-up store at the Yongsan location in Seoul fr...

Korean chipmakers HBM chips key theme for Samsung Nov investors forum

Samsung Electronics Co. will hold an investors forum in Hong Kong in November, where it is expected to share details about the development of high b...

Electronics Samsung’s connectivity vs. LG’s sustainability at IFA 2023

BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...

Food & Beverage Starbucks' space marketing shines in Korea with 'The' stores

Starbucks “The Yeosu Dolsan DT” in South Korea embodies the business philosophy of its founder and former Chief Executive Howard Schultz...

Infrastructure Hyundai Rotem reveals actual product of hydrogen-powered train

Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, participated in the largest domestic railway exhibition to showcase ad...

Korean games Nexon celebrates 20th anniversary of MapleStory

South Korean gaming giant Nexon Co. marks the 20th anniversary of its popular online game, MapleStory, with a host of exciting ventures based on the...

Food & Beverage Craft brewery startups poised to revolutionize brew scene in South Korea

Craft beers and highballs from emerging breweries and distilleries are poised to disturb the South Korean alcoholic beverage market dominated by gia...

Culture & Trends Three S.Korean poets invited to European Int'l Poetry Festival

The European International Poetry Festival "Europa in versi" will be held in Como, a lake city near Milan, Italy, from May 19 to 21.Thirteen poets f...

ESG ESG: Name of the game in investing, funding amid Korea’s green push

With South Korea’s aggressive green push at both the government and corporate levels, money is flowing back to environmental, social and gover...

Korean stock market TIGER KEDI30 ETF tops Korean retail investors’ themed stock buy list

The TIGER KEDI30 ETF has topped the list of the most purchased exchange-traded funds (ETFs) by South Korea’s individual investors in the theme...

Corporate bonds Korea's $35 bn plan yet to ease Legoland default woes

South Korea’s $35 billion rescue plan provided a temporary painkiller to the domestic bond markets rattled by Legoland Korea developer’s...

Entertainment Seoul to lure visitors with themed tours, video featuring BTS

Seoul, the capital of South Korea, is kickstarting efforts to attract foreign visitors with new tour programs and a promotional video featuring the ...

Research & Development Plagiarism scandal hits top S.Korean university over AI-themed papers

South Korea's most prestigious university is embroiled in a plagiarism scandal after two papers it published on artificial intelligence are believed...

Mergers & Acquisitions Carve-out, bolt-on key themes driving M&As: BDA Partners

Amid escalating market uncertainties, M&As are not just a growth tactic but survival tools for businesses, Euan Rellie, co-founder and managing ...