LG Electronics Takes Wraps off Small Modular Home
LG Smart Cottage is a small modular home to which LG Electronics’ energy, heating and cooling technology and premium home appliances are applied. LG Electronics unveiled the concept of LG…
KDB Begins Process of Selling Off HMM
KDB will form an advisory group related to the sale of HMM’s management rights. Korea Development Bank (KDB) has begun the process of selling management rights to HMM, an oceangoing…
Korean Air-Asiana Airlines Merger Approved by U.K. CMA
United Kingdom approved the merger of Korean Air and Asiana Airlines on March 1. The Competition and Markets Authority of the United Kingdom approved the merger of Korean Air and…
Semiconductor Exports and Exports to China Not Recovering
This year, its two-month trade deficit amounts to US$17.96 billion, which is 38 percent of last year’s total deficit. The Ministry of Trade, Industry and Energy announced on March 1…
Huawei Launches the Green 1-2-3 Solution
The Huawei Green ICT Summit was held in Barcelona on Feb. 27 (local time). Peng Song, president of ICT Strategy & Marketing of Huawei, delivered a keynote speech entitled “Green…
FILA Group Donates Winter Clothing for Quake Victims in Türkiye and Syria
FILA Holdings said on Feb. 28 it has joined global relief efforts in Türkiye and Syria by providing 6,300 items of winter clothing, valued at 1.52 billion won, and 20…
Korean Government to Lower Dependence on China for Core Minerals
A lithium mining site in the Atacama Desert in Calama, Chile The Korean government will start securing core minerals such as lithium and rare earths overseas to lower the nation’s…
Korean Semiconductor Makers Concerned about U.S. Policies
SK hynix’s plant in Wuxi, China The business performances of Samsung Electronics and SK Hynix subsidiaries in China deteriorated significantly in 2022 due to U.S. sanctions against China and the impact…
Huawei to Showcase Latest Products and Solutions at MWC 2023
Huawei will exhibit its latest products and solutions at MWC 2023. Huawei announced on Feb. 26 that it will exhibit its latest products and solutions in three major business segments…
Daewoong Pharmaceutical Inks Deal to Export Envlo to Brazil and Mexico
Daewoong Pharmaceutical’s main office in Seoul Daewoong Pharmaceutical announced on Feb. 24 that it has signed a contract to export Envlo, an SGLT2 inhibitor-type diabetes drug, to Brazil and Mexico,…