ECONOMY

Samsung's Next-Gen Heating Technology: Efficient Solutions for Extreme Cold Environments

Samsung Electronics is collaborating with the Oak Ridge National Laboratory (ORNL), a division of the U.S. Department of Energy (DOE), to develop next-generation heating technology capable of operating reliably in extreme environments as cold as -22°

LG Chem's Legal Battle: How Foreign Tax Credit Limits Impact Global Operations

The Supreme Court has ruled that domestic companies with multiple overseas operations must factor in losses from one foreign country when calculating income for other foreign countries to determine their foreign tax credit limit.The foreign tax credi

Is China Catching Up? The Impact of AI Model Innovations on U.S.-China Tech Rivalry

As China's artificial intelligence (AI) technology advances more rapidly than anticipated, the U.S. is shifting its strategy to counter Chinese AI capabilities. Previously focused on controlling exports of AI semiconductors like graphics processing u

BHC Expands in the U.S.: What to Expect from Their New Irvine Food Court Location?

BHC is ramping up its presence in the U.S. market with the grand opening of its 10th store in Irvine, California.Dining Brands Group announced on Monday that BHC, the popular chicken chain, has launched its latest outlet in the food court of H Mart's

LG Group's CEO to Meet NVIDIA's Jensen Huang: What Could This Mean for AI and Robotics Collaboration?

LG Group Chairman Koo Kwang-mo is set to meet with NVIDIA Chief Executive Officer (CEO) Jensen Huang in Silicon Valley next week. This encounter comes just two months after their previous meeting in Seoul on June 8.Industry sources revealed on Thursd

Will KRW Strengthen? Insights on the 1,300 KRW to USD Exchange Rate Amid U.S.-Japan Cooperation

The unprecedented currency cooperation between the U.S. and Japan has created a favorable environment for South Korean foreign exchange authorities to defend KRW's value. Market expectations are growing for the KRW-to-USD exchange rate to return to t

CJ ENM's Bold Strategy: How They're Dominating the Asian Content Market in 2026

CJ ENM announced on Friday its plans to enhance content distribution competitiveness and accelerate global expansion in the latter half of the year.The company aims to strengthen content volume deals and individual sales in established markets like J

Eli Lilly's Zepbound Sales Soar 49%: What This Means for Global Obesity Treatment in 2026

Eli Lilly has further widened its lead over competitor Novo Nordisk with its obesity treatment Zepbound (tirzepatide, marketed as Mounjaro in some regions). After securing dominance in the U.S. market, Lilly is now flipping market shares overseas, sp

FADU Unveils Gen6 Controller: How This AI Data Center Innovation Will Transform the Market

FADU has unveiled its artificial intelligence (AI) data center-optimized Gen6 Controller and announced its FADU 2.0 vision.At the ongoing The Future of Memory and Storage (FMS) 2026 in Santa Clara's Silicon Valley, FADU showcased its development road

LS Electric Launches Next-Gen G2 Power Conversion Device: Will It Dominate the Global ESS Market?

LS Electric is accelerating its global market expansion by ramping up production of power conversion systems (PCS) for next-generation energy storage systems (ESS).The company held a ceremony on Wednesday at its DC factory in Cheonan, South Chungcheo