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Friday, January 17, 2020
Two global giants join hands Samsung Electronics teams up with BMW to bring fifth-generation (5G) technology to new vehicles, which will be churned out by the latter in the coming years. The Seoul-based outfit announced the two-way partnership during the 2020...
Tech giant bets all on artificial intelligence Samsung Electronics took the wrap off a rolling robot, which is a litter bigger than a tennis ball and named Ballie, during the 2020 Consumer Electronics Show (CES) held in Las Vegas this...
Baedal Minjok founder points finger at Delivery Hero as reason of M&A deal Woowa Brothers CEO Kim Bong-jin said that he will take charge of around half of Delivery Hero markets by selling his company to the German online food-delivery...
Korean conglomerate taps into US market Hotel Lotte, a subsidiary of South Korea’s fifth-largest conglomerate Lotte Group, recently said that it had signed a contract to purchase a premium hotel in the United States. Under the agreement, the Seoul-based company plans...
South Korea's business bellwether signs new contract Hanwha Defense, a leading defense manufacturer in South Korea, has signed a deal to provide the Army with the fifth batch of K55 A1 self-propelled howitzers, the company said on Dec. 30. Valued 137.4...
City officials keep an eye on Philip Morris Korea Plant Months after Philip Morris Korea, which is headed by Chong Il-woo, was fined for discharging wastewater from its plant in Yangsan, the investigation on the case is still underway. A Yangsan...
Childly's innovative service gains traction Childly recently announced that its crypto wallet service, called Dove Wallet, is attracting global users based on its unique benefit of offering daily bonuses. The Seoul-based start-up noted that it had offered around $50,000 to its...
German firm's market share to near 100% in Korea Delivery Hero, a German online food-delivery service provider, agreed to take over Korea’s business bellwether Woowa Brothers, the two companies announced this week. Under the $4 billion deal, the former will snap...
Various businesses are already underway: Chairman Oh More than 2 million foreigners stay in South Korea, and the number is expected to almost double to some 4 million in a decade. But some question whether the country is genuinely ready...
Multiple countries expected to strengthen partnership with Hanwha As far as the defense technology is concerned, South Korea is one of the most advanced countries in the world as it confronts North Korea, a belligerent Stalinist regime. A set of companies...

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