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Friday, May 2, 2025

BUSINESS

A Korean SpaceX set to launch suborbital test rocket in Brazil

Korea's private-sector space business is about to take off, literally. Innospace, a local space start-up, is scheduled to launch a technology demonstration rocket at 6...

Girl groups get the ears, boy bands the dollars

Girl groups listened to the most but boy bands sold more albums, end-of-the-year data from K-pop market tracker Circle Chart revealed Friday. Starting with sales,...

McDonald’s Korea drive-throughs to soon accept Hi-pass automatic payments

McDonald's drive-through customers in Korea will soon be able to pay for their meals automatically using the highway toll collection Hi-pass system, the fast...

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...