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Tuesday, May 18, 2021
Merck plans to invest over 200 million euros in Korea Gyeonggi Province Gov. Lee Jae-myung, one of the strongest presidential candidates for South Korea’s 2022 election, is not best known as a business-friendly politician. However, he held a rare video conference...
Two Korean battery makers make last-ditch settlement LG Energy Solution and SK Innovation managed to avoid the worst-case scenario as two South Korean battery makers managed to reach an agreement on April 11, just ahead of the deadline. The two companies...
Georgia governor urges White House once again Georgia Gov. Brian Kemp asked U.S. President Joe Biden this week to overturn the International Trade Commission (ITC) verdict on Korea’s rechargeable battery maker SK Innovation. In February, the U.S. trade panel ruled against...
Korean tech giant will focus on AI and EV parts The world’s handset producers compete to fold their smartphones. In comparison, Korea’s LG Electronics is set to fold its mobile phone business due to mounting losses. The Seoul-based firm said this...
Questions rise about prospective chief of Korea’s big airline Korean Air and Asiana Airlines are set to merge in years to come, and Cho Won-tae, chief of the former’s parent company Hanjin Group, is expected to take charge of the...
Korean online retailer makes desperate efforts Last year, Google caught the e-commerce industry by surprise as it permanently waived commission fees on products sold through its payment option. Korea’s TMON goes a step further _ instead of charging commissions, it will...
ITC rules in favor of SK in round 2 Korea’s SK Innovation defeated its cross-city rival LG Energy Solution in a battery patent conflict as the International Trade Commission (ITC) ruled in favor of the former this week. In an initial...
Will Lim Se-ryung lead Daesang Group? South Korea’s food-making group Daesang promoted Lim Se-ryung to vice chairman this week. She is the eldest daughter of Daesang Honorary Chairman Lim Chang-wook. Daesang said that Lim will take charge of the group’s marketing...
Drone will deliver smartphones to Irish customers Samsung Electronics has launched a drone delivery service in Ireland at a time when a mounting number of customers prefer an end-to-end contact-less experience amid the virus pandemic. The company started delivering its smartphones...
Four-way competition underway for online retailer Korea’s retail giant Lotte Shopping and top mobile operator SK Telecom are striving to take over eBay Korea, an e-commerce company that is up for grabs. Such outfits as Emart and MBK Partners also reportedly...

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