Samsung Electronics is undertaking a fundamental overhaul of its home appliance (DA) business, signaling a shift from volume-driven growth to a profitability-focused strategy.According to industry sources, the company recently outlined plans to secure sustainable growth during an internal briefing f

CJ Group is accelerating its push into the North American market, using its health and beauty retail arm Olive Young as a key driver to expand its broader “K-lifestyle” strategy.According to industry sources, CJ Olive Young is preparing to open its first U.S. store in Pasadena, California, marking a

Demis Hassabis, CEO of Google DeepMind and widely known as the “father of AlphaGo,” visited South Korea and held a series of high-level meetings with the country’s top business leaders to explore expanded cooperation in artificial intelligence (AI).According to industry sources on April 28, Hassabis

Chey Tae-won, chairman of SK Group and head of the Korea Chamber of Commerce and Industry, has called for a fundamental shift in South Korea’s economic model as global competition in artificial intelligence (AI) intensifies.Speaking at a policy seminar hosted by the Korea-China Parliamentary Allianc

SK telecom has presented a new artificial intelligence (AI) recommendation technology at a leading global conference, highlighting its efforts to better understand and predict users’ true preferences.The company announced on April 28 that its research paper on an AI recommendation model was accepted

Samsung Electronics is facing mounting scrutiny as industry observers question whether the company is losing ground in the rapidly evolving AI semiconductor market, particularly against rival SK hynix.Recent developments in the memory sector suggest a widening gap between the two companies, with SK

South Korea’s equity market extended gains on improving semiconductor outlook, but the country’s two chip leaders showed sharply different stock performance.According to the Korea Exchange, SK Hynix surged more than 5% on April 27, closing in the 1.29 million won range. The stock briefly crossed 1.3

LG CNS is accelerating its push into the education sector after signing a reseller partnership for ChatGPT Edu with OpenAI, marking a strategic expansion of its artificial intelligence transformation (AX) business.With the new agreement, LG CNS will extend its portfolio beyond enterprise AI services

LG Energy Solution has begun supplying batteries for a large-scale energy storage system (ESS) project in Europe, signaling a faster push into the region’s growing energy storage market.The company said it has shipped the first batch of batteries for the Żarnowiec ESS project, which is being develop

Samsung Heavy Industries is stepping up its push into the global data infrastructure market with its floating data center (FDC) technology, securing both technical certification and strategic partnerships at a major North American industry event.The company announced that it participated in “Data Ce

SK Group has begun a major push to establish an artificial intelligence (AI) industry ecosystem in Vietnam, combining data centers with energy infrastructure in what marks its first overseas implementation of a “full-stack AI” strategy.The company announced that it signed memorandums of understandin

LS Materials has taken a step into the next-generation energy market by supplying ultracapacitors (UCs) to a U.S.-based fusion power project, signaling a broader shift in its business toward advanced power infrastructure.The supply deal marks the company’s first entry into the fusion energy sector,

Hanwha Group is accelerating its expansion in India, positioning the country as a strategic hub for its technology solutions business. By combining AI-driven security, industrial automation, and energy-related capabilities, the group is aligning its growth strategy with India’s rapid digital and ind

SK hynix is accelerating efforts to secure leadership in next-generation high-bandwidth memory (HBM) technology, a critical component driving performance in AI semiconductors.During its first-quarter 2026 earnings conference call on March 23, the company said it is preparing to deliver HBM4E samples

SK hynix has reported record-breaking first-quarter results, driven by surging demand for AI-focused semiconductors. The performance, achieved despite what is typically a seasonal slowdown, is being seen as a sign that the memory industry is entering a new phase of structural growth.According to reg

Com2uS is introducing a major overhaul to its flagship global esports tournament, the Summoners War World Arena Championship (SWC), as it marks its 10th anniversary. With the competition evolving beyond a traditional tournament into a global cultural platform, the latest rule changes are being seen

CJ OliveNetworks is accelerating its push into the next-generation logistics market by combining artificial intelligence (AI) transformation capabilities with advanced robotics. Through a new partnership with a global robotics company, the firm aims to strengthen its position in the rapidly evolving

LG CNS is strengthening its position as an execution-focused partner in the global cloud and AI ecosystem, moving beyond technology adoption to deliver tangible business transformation through AI. The company’s latest recognition highlights its growing role in reshaping enterprise operations and val

South Korea’s leading battery stocks are regaining upward momentum, with shares of Samsung SDI and LG Energy Solution rebounding in recent trading sessions and drawing renewed investor attention to the sector.The rally, however, has sparked mixed interpretations in the market, with some viewing it a

SK telecom is stepping up efforts to strengthen its large-scale artificial intelligence (AI) capabilities through an expanded partnership with Nvidia, aiming to build a competitive sovereign AI ecosystem in South Korea.The collaboration goes beyond conventional technology integration, covering the f