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Friday, July 4, 2025

BUSINESS

Samsung unveils generative AI model ‘Gauss’

Samsung Electronics has introduced its own generative AI model “Samsung Gauss” — named after the German mathematician — with the possibility of applying it...

Seven Korean startups honored for cutting-edge innovations

Seven startups at the forefront of Korea’s technological advances were recognized as the winners during the annual startup conference co-hosted by The JoongAng Media...

Air Premia marks 1st anniversary, emerges as a viable new option on LA route

  Hybrid service carrier Air Premia launched its Los Angeles route on October 29, 2022, and has since achieved a remarkable average boarding rate of...

Global energy, automobile companies pledge $940 million investment in Korea

Five energy and automobile companies from Thailand, Spain and France pledged to invest a combined $940 million in Korea, submitting investment applications to the...

Samsung family to sell $2B worth of shares to cover inheritance tax

Members of Samsung Group's owning family will sell nearly 2.6 trillion won ($2 billion) worth of shares in Samsung affiliates to cover inheritance taxes,...

Samsung sets aggressive shipping targets for Galaxy S24

Samsung Electronics has set a shipping target of 35 million units for its Galaxy S24 series, which will be released next January. This would be...

Samsung Display sues China’s BOE in U.S. over technology theft

Samsung Display sued China’s BOE in the United States over the misappropriation of trade secrets regarding organic light-emitting diode (OLED) panels, in a widening battle...

Seventeen, V, NewJeans drive record Q3 profit for HYBE

HYBE, the K-pop agency behind BTS, posted expectation-beating earnings for the third quarter, driven by strong album and ticket sales. HYBE attributed the upbeat quarterly...

Korea’s exports see first on-year rebound in 13 months

Korea’s exports grew 5.1 percent in October, marking their first on-year rebound in 13 months. Growth was driven by strong automobile exports and recovery...

KZONE revolutionizes Amazon returns with hassle-free management solution

The 21st World Korean Business Convention, held for the first time overseas at the Anaheim Convention Center, has been deemed a success beyond expectations....