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Monday, October 27, 2025

BUSINESS

Korean battery makers cut U.S. jobs as EV demand declines

Korean battery makers are laying off hundreds of workers from their U.S. plants as part of efforts to cut production amid faltering demand for electric...

HYBE to target Latin American market with new subsidiary in Mexico

HYBE, an entertainment giant behind BTS, will enter the Latin American market with the launch of its subsidiary in Mexico amid a perceived slowdown...

Exporters to be able to exchange currencies through foreign brokers

Exporters will be allowed to hire a foreign exchange broker to convert currencies instead of directly transacting through a financial firm, the Ministry of...

Samsung to offer live phone call translation on Galaxy S24

사진 크게보기 Samsung Electronics will offer real time translation of phone conversations in the upcoming Galaxy S24 series as early as next year. The tech...

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...