Business

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Boston Dynamics and DHL Sign MOU for Additional 1,000 ‘Stretch’ Logistics Robots
Kim Jisun 05/20/2025 05:10 AM
[Alpha Biz= Kim Jisun] On May 19, industry sources reported that Boston Dynamics, the robotics affiliate of Hyundai Motor Group, h ...

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Kia Halts Production at Gwangju Plant After Fatal Workplace Accident
Kim Jisun 05/20/2025 05:01 AM
Kia Motors production line. (Photo courtesy of Kia)[Alpha Biz= Kim Jisun] Production has been partially suspended at Kia’s Gwangju ...

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Korean Copper Foil Makers Report Losses Amid Weak EV Demand, but Trade Tariffs Offer Hope
Kim Jisun 05/20/2025 04:51 AM
Copper foil products manufactured by SK Nexilis. (Photo: SK Nexilis)[Alpha Biz= Kim Jisun] As of May 19, industry sources report t ...

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SK Telecom Hack: Malware Found on Sensitive Data Server Went Undetected for 3 Years
Kim Jisun 05/20/2025 04:41 AM
Photo = SK Telecom[Alpha Biz= Kim Jisun] On May 19, South Korea’s joint government-private task force investigating the SK Telecom ...

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Prosecutors Seize Mobile Phone of MBK Chairman Amid Investigation Into Alleged Fraud Involving Homeplus Bond Sales
Kim Jisun 05/19/2025 03:59 AM
Byeongju Kim, Chairman of MBK Partners. (Photo=MBK Partners)[Alpha Biz= Kim Jisun] South Korean prosecutors have executed a search ...

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Kakao Accelerates Spin-Off of Portal Business ‘Daum’ After 11 Years of Merger
Kim Jisun 05/19/2025 03:55 AM
[Alpha Biz= Kim Jisun] Kakao is expediting the spin-off of its portal service Daum, signaling a structural shift toward an indepen ...

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KAI Denies Reports of Export Risk to KF-21 Over Shield AI Agreement
Kim Jisun 05/19/2025 03:35 AM
Photo = KAI[Alpha Biz= Kim Jisun] Korea Aerospace Industries (KAI) has firmly denied recent media reports claiming that its agreem ...

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Kumho Tire Commits to Full Compensation for Residents and Stabilization of Tire Supply Following Gwangju Plant Fire
Kim Jisun 05/19/2025 03:32 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Kumho Tire announced on May 18 that it will make every effort to fully compensate local ...

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Naver Chairman Lee Hae-jin to Visit U.S. Next Month to Discuss Establishment of New Investment Corporation
Kim Jisun 05/19/2025 03:11 AM
Lee Hae-jin, Head of Global Investments at Naver. (Photo: Yonhap News)[Alpha Biz= Kim Jisun] Lee Hae-jin, Chairman of Naver’s Boar ...

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NVIDIA CEO Jensen Huang Denies Allegations of AI Chip Diversion to China via Middle East
Kim Jisun 05/19/2025 03:02 AM
Jensen Huang, CEO of NVIDIA. (Photo: Yonhap News)[Alpha Biz= Kim Jisun] Taipei, Taiwan – May 17, 2025 –While visiting Taipei, NVID ...

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LG Chem Approves KRW 1.42 Trillion Debt Guarantee for U.S. Cathode Material Subsidiary
Kim Jisun 05/16/2025 03:59 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] On May 15, LG Chem announced that its board of directors has approved a KRW 1.42 trillio ...

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Hyundai Rotem Secures Autonomous Train Supply Contract for Taichung Blue Line in Taiwan
Kim Jisun 05/16/2025 03:57 AM
Photo = Yonhap news [Alpha Biz= Kim Jisun] Hyundai Rotem has signed a major contract to supply driverless electric trains for the ...

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Paik’s Makgeolli Brewery 'Baeksuldoga' Shuts Down Amid Market Challenges
Kim Jisun 05/16/2025 03:54 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Baeksuldoga, the traditional Korean liquor brewery operated by Paik Jong-won, CEO of The ...

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LG Electronics India Posts Record Q1 Revenue and Profit
Kim Jisun 05/16/2025 03:41 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] LG Electronics' Indian subsidiary has posted its highest-ever first-quarter revenue and ...

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Former NAVER CEO Han Seong-sook Appointed as Advisor Following Retirement from European Operations
Kim Jisun 05/16/2025 03:37 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Han Seong-sook, former CEO of Naver, has stepped down from her role and has been appoint ...

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Hanjin KAL Plunges 17% After Two-Day Limit-Up Rally Amid Governance Battle Speculation
Kim Jisun 05/16/2025 03:21 AM
Photo = Yonhap news [Alpha Biz= Paul Lee] Hanjin KAL shares tumbled 17% on May 15, closing at KRW 125,000, down KRW 25,600 from th ...

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Kakao Completes Liquidation of Chinese Subsidiary, Exits China Market Amid Strategic Shift
Kim Jisun 05/16/2025 03:05 AM
[Alpha Biz= Kim Jisun] Kakao has completed the liquidation of its Chinese subsidiary, Daum Kakao China (DK China), which operated ...

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Former SK Networks Chairman Chey Shin-won Sentenced to 2.5 Years in Prison for Embezzlement
Kim Jisun 05/16/2025 03:02 AM
Choi Shin-won, former chairman of SK Networks. (Photo=Yonhap News)[Alpha Biz= Kim Jisun] On May 15, South Korea’s Supreme Court up ...

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Hanjin KAL's Stock Soars Amid Massive Stake Acquisition by Hoban Construction, Raising Concerns Over Potential Management Dispute
Kim Jisun 05/15/2025 03:57 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Hanjin KAL, the holding company of Korean Air, has seen its stock price skyrocket for th ...

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FSS to Conduct Focused Review of POSCO Future M’s KRW 1.1 Trillion Rights Offering Plan
Kim Jisun 05/15/2025 03:49 AM
Photo = POSCO FutureM[Alpha Biz= Kim Jisun] The Financial Supervisory Service (FSS) of South Korea announced on May 14 that it wil ...