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Wednesday, February 21, 2024

BUSINESS

Samsung Electronics $4.8 billion Texas tax break approved

Samsung Electronics has received approval for $4.8 billion of tax breaks in Texas for planned and proposed semiconductor plants. The property tax abatement was passed...

Asia-Pacific gaming market to be largest in world by 2027

The Asia-Pacific region will be the largest gaming market by 2027, led by China, Japan, Korea, and India, Sami Kizilbash, Google’s global head of...

KartRider PC game to be shut by Nexon in surprise move

An image of KartRider, online racing game by Nexon Nexon will shut down its KartRider online PC racing game after 18 years of service,...

After two-year delay, LG PuriCare Wearable Air Purifier released locally

While Korea is mulling lifting the indoor mask mandate, an electronic face mask was released in the country after a long delay due to...

SK On-Ford battery joint venture breaks ground in Kentucky

BlueOval SK, a joint venture between SK On and Ford Motor Company, broke ground on two electric vehicle (EV) battery plants in Kentucky on...

Hallyu doesn’t guarantee start-ups’ success, experts say

The rising popularity of K-pop and Korean dramas has made Hallyu seem like a guarantee for success in overseas markets, but that may not...

Trade Minister heads to the U.S. to lobby for IRA changes

Korean Trade Minister Ahn Duk-geun will visit the United States for talks on the Inflation Reduction Act (IRA), which limits subsidies to electric vehicles...

Game companies realize K-pop is a whole new world

Game companies had big dreams of expanding their businesses using K-pop. Dreaming has given way to reality. Game publisher NCSoft is trying to sell Universe, a...

Seoul asks Washington to include car-sharing EVs in IRA

The Korean government asked the U.S. government to include car-sharing EVs such as Uber and Lyft in the EV tax incentives under the Inflation...

SentBe offers U.S. remittance services

SentBe, a remittance provider, started offering transfer services from the United States on Monday. It also offers outward remittance services to Singapore and Indonesia. “I’ve learned...