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Kang Seung-woo

Korea Times Business Reporter

Kang Seung-woo is the Business Desk editor at The Korea Times. Prior to this position, he covered politics, national affairs, finance and sports.

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Companies

CES 2026 LG Electronics to unveil AI home robot ‘LG CLOiD’ at CES 2026

LAS VEGAS — LG Electronics will unveil its next-generation artificial intelligence (AI) home robot, LG CLOiD, at CES 2026 when it opens Tuesday (local time) in Las Vegas, the company said Sunday. The robot embodies LG’s vision for the future of AI-powered homes, demonstrating how intelligent machines can autonomously manage household chores, control home appliances and interact naturally with residents by understanding their routines and surrounding environment. The debut of LG CLOiD aligns with LG Electronics’ long-term goal of achieving a “Zero Labor Home, Makes Quality Time” — a living space where advanced appliances and services free people from routine housework and allow them to focus on higher-value activities. LG has been steadily advancing its vision of AI-enabled appliances through its UP appliances platform that provides continuous software updates and subscription-based services designed to reduce maintenance burdens. Visitors at CES 2026 will experience how LG CLOiD brings the Zero Labor Home concept closer to reality. In one demonstration, the robot prepares brea

Jan 4, 2026By Kang Seung-woo
[CES 2026] LG Electronics to unveil AI home robot ‘LG CLOiD’ at CES 2026
Companies

CES 2026 Samsung, LG chiefs to make global debut at CES 2026 amid AI push, China challenge

LAS VEGAS — Samsung Electronics CEO Roh Tae-moon and LG Electronics CEO Lyu Jae-cheol will make their official global debuts at this week’s CES 2026 in Las Vegas, as the two Korean tech giants seek to reinforce their leadership in the global TV and home appliance markets amid intensifying competition from Chinese rivals. CES 2026, the world’s largest consumer electronics and IT exhibition, is scheduled to run from Tuesday to Friday (local time). Industry watchers are closely following the event, as both companies recently appointed new leaders through year-end executive reshuffles and face mounting pressure to accelerate artificial intelligence (AI)-driven transformations while improving profitability. According to industry sources, Roh will take the stage as the keynote speaker at Samsung Electronics’ “First Look” event on Sunday, two days ahead of the official opening of CES. It will be held at a large-scale, stand-alone exhibition space set up at the Wynn Las Vegas, rather than Samsung’s traditional venue at the Las Vegas Convention Center. Samsung’s dedicated exhibit

Jan 4, 2026By Kang Seung-woo
[CES 2026] Samsung, LG chiefs to make global debut at CES 2026 amid AI push, China challenge
Companies

Questions raised over TCL’s RGB mini LED TV marketing

Controversy has emerged over alleged false advertising involving a budget red, green and blue (RGB) mini LED TV released by Chinese TV manufacturer TCL. According to a report Thursday by market research firm Omdia, TCL’s budget RGB mini LED TV uses two blue chips and one green chip, but lacks a dedicated red chip. RGB TVs are designed to independently control red, green and blue backlights, a method widely regarded as enabling superior color reproduction and higher brightness compared with conventional white LED-based TVs. Omdia analyzed TCL’s budget model, the Q9M, saying it uses a combination of blue and green chips with red phosphors, rather than pure RGB chips, to lower production costs. Red chips are far more expensive than blue or green chips, prompting TCL to standardize the use of cheaper blue and green chips and rely on red-emitting phosphors to produce red light. Despite lacking a dedicated red chip, TCL continues to market the TV as an RGB mini LED model. “Even RGB mini LED TVs using pure RGB chips made by Chinese manufacturers have already drawn criticism over picture qua

Jan 2, 2026By Kang Seung-woo
Questions raised over TCL’s RGB mini LED TV marketing
Opinion

Absent 'global' CEO

Coupang founder and de facto controlling shareholder Kim Bom-suk, also known as Bom Kim, ultimately did not appear before the National Assembly during Wednesday’s parliamentary hearing. The hearing, convened to address the e-commerce giant’s massive personal data breach, went forward without the figure the public most wanted to hear from. Kim, chairman of the Coupang Inc. board, and other former top executives submitted written excuses for their absence, leaving only Coupang Korea’s interim chief to field questions. Kim cited his “official business schedule” as the reason for skipping the hearing, claiming that, as CEO of a global company operating in more than 170 countries, he could not attend. But the excuse rings hollow given the scale of the data breach: More than 33.7 million users — roughly two-thirds of Korea’s population — had their personal information exposed, and over 90 percent of Coupang’s revenue comes from Korea. Few issues could be more urgent or more directly tied to the company’s core business. This was far from a routine political summons. Coupang

Dec 17, 2025By Kang Seung-woo
Absent 'global' CEO
Companies

PHOTO Lotte's design strategy meeting

Lotte Group Chairman Shin Dong-bin, right, accompanied by Lee Don-tae, center, president of the group’s Design Strategy Center, inspects a booth showcasing Lotte’s design strategy and innovation initiatives during the group’s meeting at Lotte World Tower in Seoul, Friday. Shin and more than 50 executives attended the gathering, a groupwide forum designed to assess the current state of Lotte’s brand and design and chart its future direction. This marks the second year the event was held, following its inaugural edition last year. Courtesy of Lotte Group

Dec 14, 2025By Kang Seung-woo
[PHOTO] Lotte's design strategy meeting
Companies

PHOTO Shinsegae chair meets Vance

Shinsegae Group Chairman Chung Yong-jin, right, poses with U.S. Vice President J.D. Vance during a Christmas dinner in Washington, Friday (local time). Chung also met with senior White House officials, including Secretary of Commerce Howard Lutnick, as well as U.S. business leaders during year-end gatherings. Courtesy of Shinsegae Group

Dec 14, 2025By Kang Seung-woo
[PHOTO] Shinsegae chair meets Vance
Companies

PHOTO Samsung chairman's son commissioned as Navy officer

Lee Jee-ho, left, salutes his father, Samsung Electronics Executive Chairman Lee Jae-yong, second from right, and his grandmother, Hong Ra-hee, right, honorary director of the Leeum Samsung Museum of Art, during a commissioning ceremony at the Naval Academy in Changwon, South Gyeongsang Province, Friday. Lee was commissioned as a Navy officer after completing 11 weeks of training. Born in the United States in 2000, Lee Jee-ho renounced his U.S. citizenship to fulfill his military duty as an officer. Yonhap

Nov 28, 2025By Kang Seung-woo
[PHOTO] Samsung chairman's son commissioned as Navy officer
Companies

LIG Nex1 honors Thai veterans of Korean War

LIG Group Chairman Koo Bon-sang, fifth from right, along with executives and employees of LIG Nex1, poses with representatives of the Thai-Korean War Veterans Association during a courtesy visit to the organization in Thailand, Monday (local time). Thailand sent 6,326 troops to fight in the 1950-53 Korean War, with 136 killed in action and about 1,200 wounded. The Korean defense company is participating in Defense & Security 2025 in Bangkok. Courtesy of LIG Nex1

Nov 11, 2025By Kang Seung-woo
LIG Nex1 honors Thai veterans of Korean War
Companies

PHOTO SK On’s music festival in Hungary

A team performs at the "Great Music Festival in Hungary" in Budapest, Saturday (local time). The music festival for people with developmental disabilities, sponsored by SK Innovation, was launched last year in the Central European country. SK On, the battery affiliate of SK Innovation, established its first European electric vehicle battery plant in Hungary in 2018. The company supports local talent development through school-based educational programs and engages with the community through volunteer initiatives, including donations and blood drives. Courtesy of SK On

Nov 9, 2025By Kang Seung-woo
[PHOTO] SK On’s music festival in Hungary
Companies

AMCHAM, FTC chair discuss Korea’s fair trade policy direction

The American Chamber of Commerce in Korea (AMCHAM) met with Ju Biung-ghi, the newly appointed chairperson of Korea’s Fair Trade Commission (FTC), in Seoul Thursday to exchange views on the new administration’s fair trade policy direction and key issues faced by global companies operating in the Korean market. As part of Ju’s ongoing series of industry outreach efforts following his appointment, the meeting served as a platform to discuss the administration’s fair trade policy priorities and to hear directly from foreign companies about their on-the-ground challenges in Korea. In his remarks, AMCHAM Chairman and CEO James Kim emphasized the importance of open communication between the government and the business community, noting that a transparent and predictable regulatory environment is essential to enhancing Korea’s competitiveness and attractiveness as an investment destination. “Building on the successful momentum from the APEC CEO Summit, AMCHAM looks forward to working closely with the Korean government, especially the FTC, to drive innovation, transparency and strong

Nov 6, 2025By Kang Seung-woo
AMCHAM, FTC chair discuss Korea’s fair trade policy direction
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