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LG Innotek to Supply Camera Modules to U.S. Humanoid Robotics Startup Figure AI
Kim Jisun 06/19/2025 03:03 AM
[Alpha Biz= Kim Jisun] SEOUL, June 18 – LG Innotek has announced plans to supply advanced camera modules to Figure AI, a U.S.-base ...

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Hanwha Ocean and Labor Union Reach Agreement to Withdraw All Pending Legal Actions
Kim Jisun 06/19/2025 03:00 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Hanwha Ocean and the Daewoo Shipbuilding Branch of the Korean Metal Workers' Union (KMWU ...

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Korean Water Tank Manufacturers Fined for Bid-Rigging in Major Construction Projects
Kim Jisun 06/18/2025 06:30 AM
Photo = Fair Trade Commission[Alpha Biz= Kim Jisun] South Korea’s Fair Trade Commission (KFTC) announced on June 17 that it has im ...

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Coupang Workers Launch Labor Union “Cou-nion” to Demand Fair Treatment and Job Security
Kim Jisun 06/18/2025 06:18 AM
Photo = Coupang[Alpha Biz= Kim Jisun] Workers at South Korean e-commerce giant Coupang have officially launched a labor union unde ...

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Lotte Shopping to Sell Half of Its Stake in Lotte Card to Secure Over KRW 200 Billion
Kim Jisun 06/18/2025 06:13 AM
Lotte Department Store Sogong-dong main branch. (Photo=Lotte Shopping)[Alpha Biz= Kim Jisun] Lotte Shopping is preparing to sell h ...

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Korea Zinc Invests $85M in U.S.-Listed TMC to Secure Strategic Minerals and Bypass China-Centric Supply Chains
Kim Jisun 06/18/2025 06:06 AM
Photo = Korea Zinc[Alpha Biz= Kim Jisun] Korea Zinc has announced a strategic investment of approximately KRW 116.5 billion (USD 8 ...

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LG Display Approves ₩1.26 Trillion Investment in OLED Technology Infrastructure
Kim Jisun 06/18/2025 03:49 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] LG Display announced on June 17 that its board has approved a ₩1.26 trillion (approx. US ...

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NAVER Denies Data Breach Amid Reports of Smart Store Seller Info on Dark Web
Kim Jisun 06/18/2025 03:08 AM
View of Naver office building. (Photo=Naver)[Alpha Biz= Kim Jisun] NAVER has denied any hacking incident following reports that pe ...

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LG Display Files Patent Infringement Lawsuit Against China's Tianma in U.S. Court
Kim Jisun 06/17/2025 03:29 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] LG Display has filed a patent infringement lawsuit against Chinese display manufacturer ...

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Police Investigate Use of Suspected Industrial Lubricant in SPC Samlip Bakery Line Following Fatal Accident
Kim Jisun 06/17/2025 03:25 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] South Korean authorities have launched a formal investigation into the possible use of i ...

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NHN to Shut Down Webtoon Platforms in Korea, North America, and France; Japan Service to Continue
Kim Jisun 06/17/2025 03:21 AM
Photo = NHN[Alpha Biz= Kim Jisun] NHN Corp. (KRX: 181710) announced on June 16 that it will discontinue its webtoon platform servi ...

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Police and Labor Ministry Raid Western Power and Subcontractors Over Fatal Taean Plant Accident
Kim Jisun 06/17/2025 03:19 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] On June 16, South Korean police and labor authorities conducted a series of raids and in ...

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South Korean Companies Evacuate Employees and Families from Israel Amid Rising Tensions
Kim Jisun 06/17/2025 03:13 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Amid escalating tensions in the Middle East following Israel’s airstrikes on Iran, South ...

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YES24 Co-CEOs Issue Official Apology and Promise Compensation Following Ransomware Attack
Kim Jisun 06/17/2025 03:11 AM
Photo=Yonhap News[Alpha Biz= Kim Jisun] Kim Seok-hwan and Choi Sera, Co-CEOs of YES24, issued an official apology on June 16 regar ...

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Hyundai Glovis Increases Investment to KRW 200.6 Billion in Private Equity Fund for Asiana Cargo Business Acquisition
Kim Jisun 06/17/2025 03:09 AM
[Alpha Biz= Kim Jisun] Hyundai Glovis (KRX: 086280) announced on June 16 that it will invest a total of KRW 200.6 billion in the p ...

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Pulmuone Affiliate Foodmerce Clarifies No Ongoing Outbreak Linked to Salmonella Concerns
Kim Jisun 06/16/2025 03:59 AM
Pulmuone Headquarters. (Photo courtesy of Pulmuone)[Alpha Biz= Kim Jisun] Foodmerce, a food distribution affiliate of South Korean ...

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MBK Partners Offers to Forgo KRW 2.5 Trillion in Equity to Sell Homeplus Amid Court-Led Restructuring
Kim Jisun 06/16/2025 03:56 AM
Photo = Homeplus[Alpha Biz= Kim Jisun] MBK Partners, the private equity owner of South Korean retail chain Homeplus, has decided t ...

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NAVER’s Ha Jung-woo Appointed as South Korea’s First Presidential Secretary for Future AI Planning
Kim Jisun 06/16/2025 03:52 AM
Photo = Yonhap news [Alpha Biz= Kim Jisun] The Office of the President of South Korea announced on June 15 the appointment of Ha J ...

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SK Group and AWS to Build South Korea’s First 100MW AI Data Center in Ulsan
Kim Jisun 06/16/2025 03:49 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] SK Group is partnering with Amazon Web Services (AWS) to construct a large-scale, AI-ded ...

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Prosecutors Reject Police Request for Search Warrant in HYBE Chairman Bang Si-hyuk’s Stock Fraud Probe
Kim Jisun 06/16/2025 03:37 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] A search and seizure warrant requested by police in connection with HYBE Chairman Bang S ...