Hyundai Motor’s labor union has secured the legal right to strike after wage negotiations with management broke down, following a failed mediation process led by South Korea’s National Labor Relations Commission.The commission announced on the 25th that mediation between Hyundai Motor’s union and ma

The Korea Data Agency (K-Data), led by President Yang Jae-soo, is upgrading its AI & Data Problem-Solving Bank into an action-oriented AI Transformation (AX) platform designed to help small and medium-sized enterprises (SMEs) and small businesses turn data into practical business decisions.Moving be

LG Chem is accelerating its efforts to secure next-generation sustainable aviation fuel (e-SAF) technology by participating in a large-scale national project aimed at converting captured carbon dioxide into eco-friendly aviation fuel.The company announced that it will lead a demonstration project un

LG CNS is accelerating its global enterprise AI transformation (AX) strategy with the launch of a new artificial intelligence-powered solution designed to automate complex ERP system testing processes.The company announced the release of its “Perfectwin ERP Edition,” an ERP test automation solution

Samsung Electronics is reportedly preparing for a massive additional share repurchase program that could reach as much as 90 trillion won over the coming years, driven by expanded stock-based compensation schemes and performance-linked incentive structures.According to industry sources on the 24th,

Samsung Electronics' sixth-generation High Bandwidth Memory (HBM), HBM4, has surpassed $1 billion in sales in just four months after entering mass production, marking a major milestone in the rapidly growing artificial intelligence (AI) memory market.According to industry sources on Monday, Sams

SK hynix has surpassed Samsung Electronics in market capitalization on South Korea's benchmark Kospi index, marking the first time the AI memory chipmaker has claimed the top spot and ending Samsung's more than 25-year reign as the country's most valuable listed company.According to the

LG Group is moving quickly to turn its artificial intelligence (AI) partnership with NVIDIA into concrete business opportunities, as senior executives from its major affiliates are set to hold follow-up discussions at the U.S. chipmaker's headquarters.According to industry sources, a delegation

South Korea’s national railway operator Korail has secured a project management consultancy (PMC) and maintenance advisory contract for Morocco’s large-scale electric multiple unit (EMU) procurement program, marking another milestone in the country’s expanding railway exports.The contract, valued at

SK hynix has begun supplying samples of its next-generation high-bandwidth memory (HBM) product, the 12-high HBM4E, to major global customers, marking another step in its effort to strengthen its leadership in the rapidly growing artificial intelligence (AI) memory market.The company announced on Ju

Hanwha Group has emerged as the second-largest shareholder of Korea Aerospace Industries (KAI), increasing its influence in South Korea’s aerospace and defense sector as it accelerates efforts to position space and defense businesses as key future growth engines.According to regulatory filings on Ju

Qualcomm has unveiled its next-generation XR platform that combines generative AI with spatial computing, intensifying competition in the emerging AI glasses and mixed reality (MR) market. Equipped with up to 48 TOPS of AI performance and enhanced power efficiency, the company aims to strengthen its

As European nations ramp up investments in power infrastructure to achieve carbon neutrality and strengthen energy security, LS Electric is accelerating its push into the region with ultra-high-voltage transformers and direct current (DC)-based power solutions.LS Electric announced that it will part

As artificial intelligence (AI) evolves beyond a productivity tool into systems capable of autonomous decision-making and execution, SK AX has unveiled its vision for an “Agentic Enterprise” — a new model that reimagines enterprise operations around AI.At its annual conference, “IMAGINE AX 2026,” he

Hyosung Heavy Industries is accelerating its expansion in the U.S. power equipment market by strengthening its local manufacturing capabilities to address rapidly growing demand for electricity infrastructure fueled by artificial intelligence (AI), data centers, and grid modernization projects.Accor

LS Cable & System has secured Phase 2 of South Korea's East Coast-Capital Region high-voltage direct current (HVDC) transmission project, strengthening its position in the country's critical power infrastructure sector. The project comes as demand for large-scale electricity transmission ris

Celltrion has launched two oncology biosimilars in Vietnam, accelerating its expansion strategy in emerging pharmaceutical markets. The move reflects the company's broader effort to strengthen growth momentum by diversifying its product portfolio across Asia and Latin America.Celltrion announced

Elon Musk's SpaceX is preparing to enter the public market with a record-breaking valuation of $1.77 trillion, igniting intense debate among investors and analysts over whether the company's worth can be justified by its current financial performance.The aerospace company recently completed

Samsung Electronics may be on the verge of securing another major customer in the global artificial intelligence (AI) semiconductor market, as reports indicate that Google is considering the company as a manufacturing partner for components used in its next-generation AI processors.According to semi

Global asset management giant BlackRock has increased its stake in KT&G, signaling growing confidence among foreign investors in the South Korean tobacco and consumer products company's long-term growth prospects and shareholder return policies.According to a regulatory filing on Thursday, Black