Ginseng company strives to sharpen technological edge
Korea Ginseng Corporation (KGC) has launched its research center in the United States in a move to come up with customized ginseng products for U.S. customers.
The new facility, which is located near Los...
800 unionists are expected to join collective action
The labor union of IKEA Korea announced that it is scheduled to go on a four-day strike beginning on Dec. 24 to protest against low wages and arbitrary working hours.
Union leaders recently...
Roh accused of failing to care local customers
Samsung Electronics’s mobile division chief Roh Tae-moon apologized to its employees this week about a software glitch of its recently released smartphone, the Galaxy S22.
During a town hall meeting, Roh apologized for...
Korean conglomerate strives to US UAM company
South Korea’s Hanwha Group announced on June 15 that it had invested 150 billion won ($115 million) in U.S.-based urban air mobility (UAM) company Overair.
Its two units, Hanwha Systems and Hanwha Aerospace, would...
Two corporations expected to expand collaboration
South Korea’s energy solution company Doosan Enerbility announced on Feb. 7 that it had joined hands with Germany-based giant Siemens Gamesa to cooperate in the wind power projects.
Under the strategic partnership, Doosan said that...
Two countries will encourage development of hydrogen economy
H2Korea announced on March 9 that the state-backed organization would hold a conference about the hydrogen economy next week, along with delegates from the Netherlands.
Organized by the parliamentary hydrogen economy forum and...
Korean webtoon platform starts global event
A popular Korean webtoon portal launched an event of giving global fans the chance to vote on their favorite webtoons in three languages over the next 10 days.
Lezhin Entertainment said Dec. 6 that the...
Two outfits will cooperate to reinvigorate Hongdae Culture and Arts
South Korea’s foremost tobacco manufacturer KT&G announced on March 4 that it had inked a memorandum of understanding with Mapo-gu Office in Seoul.
Under the agreement, the two outfits will collaborate...
The 2021 KT&G Report contains ESG management performance
South Korea’s top tobacco manufacturer KT&G announced on Aug. 17 that it had published the 2021 KT&G Report that contains its ESG management performance for last year.
In this report, KT&G unveiled the...
Taiwan's TSMC may have to sweat
South Korea’s largest conglomerate Samsung Group announced this week that it will invest 240 trillion won ($205 billion) over the next three years in such areas as semiconductors and AI.
The investment plan was disclosed...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
