Uniqlo, Nissan expected to suffer further in South Korea
Japan’s opposition to South Korea’s access to the Group of Seven is expected to strengthen the latter’s boycott of the former’s brands, which started a year ago.
Japanese media outlets, including Kyodo...
Korea's top defense company sees sales jump five-fold
So many companies are struggling to find their feet due to the novel coronavirus this year. But not all players are languishing as amply demonstrated by such firms as South Korea’s Hanwha...
Able C&C brand winds 25 prizes at biannual event
Korean cosmetics maker Able C&C, which operates the popular Missha brand, said on June 23 that the company had won 25 prizes in Glowpick’s 2020 Consumer Beauty Awards.
A total of seven...
No. of Paris Baguette stores in U.S. rose merely 5 over the past 12 months
On June 30 last year, U.S. President Donald Trump met with South Korean business leaders in Seoul so as to encourage their proactive investments in...
Debt-ridden Doosan Group struggles to find its feet
South Korea’s Doosan Group, which owns U.S.-based construction equipment brand Bobcat, is on the selling mode as the debt-ridden business conglomerate struggles to stay afloat.
Doosan even put its 36.27 percent stake in...
US electric vehicle maker strengthening operations here
Tesla tries to make its presence felt in South Korea as the American electric vehicle manufacturer plans to set up its first own maintenance shop in the country.
A source familiar with the issue...
Korea's leading defense firm recognizes best suppliers
Senior executives of Hanwha Defense, South Korea’s leading defense manufacturer, held a meeting on June 17 with around 40 chiefs of its suppliers to strengthen shared growth.
The Seoul-based company convened the meeting through...
Virus pandemic brings about changes in consumption
The subscription economy has been a familiar concept as an increasing number of companies came up with new business formats to win the hearts and minds of end consumers.
According to Wikipedia, the term...
South Korean chemical giant benefits from brisk sales of Model 3s in China
South Korea’s LG Chem ranked first in the global electric vehicle (EV) battery market in the first fourth months of this year, according to industry data Tuesday.
Energy...
Mobile advertising giant sets up branch in Seoul
Smadex, a top-tier mobile advertising company, announced on June 16 that the Barcelona-based company had set up a branch in Seoul to beef up its presence in the Asia-Pacific region.
Smadex specializes in...
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Samsung expects 23% jump in profit despite COVID-19
Tech giants achieves earnings surprise
South Korea’s Samsung Electronics projected Tuesday that its second-quarter profit would rocket 22.7 percent from a year ago despite the...
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