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Wednesday, July 24, 2024

BUSINESS

Samsung’s Galaxy Ring, Watch coach on sleep, read biological age

Samsung Electronics' Galaxy Ring and other new wearables unveiled in Paris on Wednesday aim to impersonate a personal health coach through the power of...

Texas governor visits Samsung chip facility during 3-day trip to Korea

Texas Gov. Greg Abbott paid a visit to Samsung Electronics' chip fabrication line in Pyeongtaek, Gyeonggi on Tuesday, meeting with key executives including the...

Samsung Electronics union kicks off historic 3-day strike over wage dispute

Unionized workers of Samsung Electronics kicked off a historic three-day strike on Monday, raising concerns of a possible disruption in chip production, especially after...

Samsung projects 1,452% surge in Q2 profit on robust chip growth

Samsung Electronics forecasts a 1,452 percent yearly rise in operating profit for the second quarter, staging a dramatic recovery for its semiconductor business. In a...

Korean Air ending in-flight services earlier before landing amid concern over safety

Korean Air is ending its in-flight services 40 minutes before landing, in an apparent response to the Ministry of Land, Infrastructure and Transport's vow...

Samsung Biologics bags company record $1.06B deal with U.S. drug maker

Samsung Biologics secured a massive $1.06 billion deal from a U.S. drug maker, the biopharmaceutical contract manufacturer said in a regulatory filing on Tuesday. The...

Samsung union declares full-scale strike with “No Work, No Pay” principle

Samsung Electronics' largest labor union, the National Samsung Electronics Union (NSEU), will stage a full-scale strike with the stated principle of “No Work, No...

Webtoon Entertainment soars on Nasdaq debut, eyes global franchise success

Webtoon Entertainment's chief envisions that the company could birth the next major global franchise on par with the cultural impact of Harry Potter or...

LG Energy Solution suspends construction of ESS line in Arizona as EV market stalls

LG Energy Solution has halted construction of its battery production line for energy storage systems (ESS) in Arizona seven months after breaking ground in...

Amazon to support K-beauty’s global expansion

Amazon Global Selling Korea said it will deepen its involvement in the K-beauty industry by launching a new initiative aimed at offering a broader...