SK, AWS to build South Korea's largest AI data center in Ulsan
SK Group has partnered with Amazon Web Services (AWS), the world’s leading cloud services provider, to construct a massive artificial intelligence (AI) data center in the Ulsan Mipo National Industria...
Lee Gi-woo, Kim Mi-geon
SK, AWS to build South Korea’s largest AI data center in Ulsan
KBO game days drive 90% surge in local business sales
South Korea’s professional baseball league has drawn over 5 million fans in record time this season, and new data shows that every game day is bringin...
 
18h ago
|Choi A-ri, Kim Mi-geon
LG Chem to sell water treatment unit to Glenwood PE for $1 bn
LG Chem has approved the sale of its water treatment filter business—currently ranked second globally in market share—for 1.4 trillion won ($ 1 billio...
2025.06.15(Sun)
|Park Soon-chan, Kim Mi-geon
Samsung secures AMD contract for HBM3E 12-stack, clears defect concerns
Samsung Electronics has secured a key supply deal with AMD, with its fifth-generation 12-layer HBM3E memory selected for the chipmaker’s upcoming MI35...
2025.06.13(Fri)
|Hwang Min-gyu, Kim Seo-young
Kakao to build AI hub near Seoul in $434M push
Kakao, one of South Korea’s largest tech firms, plans to build a major artificial intelligence hub—including a hyperscale data center and research cam...
2025.06.13(Fri)
|Kim Ji-won, Park Su-hyeon
Samsung and LG face setback as US expands steel tariffs
The U.S. Department of Commerce has significantly broadened the scope of its steel tariffs to include a wide array of household appliances, a move tha...
2025.06.13(Fri)
|You Jin-woo, Park Su-hyeon
Exclusive: Nitori closes third store in South Korea, raising exit concerns
Nitori, Japan’s largest furniture and home furnishings retailer, has shut down its third store in South Korea, the company confirmed on June 13. The c...
2025.06.13(Fri)
|Min Young-bin, Kim Mi-geon
Tariffs stoke labor tensions at GM Korea
As General Motors Co. boosts investment in U.S. manufacturing and unloads assets in South Korea, labor tensions are mounting at its Korean unit—fuelin...
2025.06.13(Fri)
|Jin Sang-hoon, Park Su-hyeon
Hyundai-affiliated robot 'Spot' advances on America's Got Talent
“Spot,” the four-legged robot developed by Boston Dynamics, an affiliate of Hyundai Motor Group, appeared on the American talent competition America’s...
2025.06.12(Thu)
|Kim Young-kwan, Kim Mi-geon
Samyang opens new factory to meet soaring global demand for Buldak ramen
Samyang Foods is accelerating its global expansion by opening a second export-focused factory in Miryang, South Gyeongsang Province, to meet rising in...
2025.06.12(Thu)
|Kim Yun-ju (Miryang), Kim Seo-young
UK launches anti-dumping probe into South Korean heavy plate imports
The United Kingdom’s Trade Remedies Authority (TRA) has launched an anti-dumping investigation into heavy plates imported from South Korea, defined as...
2025.06.12(Thu)
|Yang Beom-soo, Kim Mi-geon
Containership orders hit $8.3 bn for S. Korea's top shipyards
South Korea’s three major shipbuilders—HD Hyundai Heavy Industries (HD HHI), Hanwha Ocean, and Samsung Heavy Industries (SHI)—have secured containersh...
2025.06.12(Thu)
|Jung Han-kook, Kim Mi-geon
ECOUNT to incorporate in Uzbekistan, expanding into Central Asia
Cloud-based ERP specialist ECOUNT has announced that it will open a local subsidiary in Uzbekistan in the second half of 2025. This will be the compan...
2025.06.12(Thu)
|The Chosun Daily
Hanwha Group breaks 100 trillion won market cap for first time
Hanwha Group has surpassed 100 trillion won ($73 billion) in market capitalization for the first time, becoming the sixth South Korean conglomerate to...
2025.06.11(Wed)
|Ahn Joong-hyun, Kim Seo-young
Hanwha clears U.S. regulatory hurdle in bid for Austal stake
South Korea’s top defense contractor, Hanwha Group, has cleared a major regulatory hurdle in its effort to enter the U.S. naval shipbuilding market. S...
2025.06.11(Wed)
|Jung Han-kook, Kim Mi-geon
S. Korea's exports rise 5.4% in early June led by semiconductor surge
South Korea’s exports from June 1 to 10 rose 5.4% compared to the same period last year, thanks largely to a strong rebound in semiconductor shipments...
2025.06.11(Wed)
|Kang Woo-ryang, Kim Seo-young