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LG Electronics to install digital signage at NFL Baltimore Ravens' stadium

LG Electronics said Sunday it will supply large-scale digital signage to M&T Bank Stadium, home of the Baltimore Ravens of the U.S. National Football League (NFL). Under a new partnership, the Korean tech giant will install 1,115 square meters of state-of-the-art digital signage throughout the stadium, located in Baltimore, Maryland. The installation includes four ultra-large, high-definition displays at the north, south, east and west ends of the stands, including a massive central scoreboard. A giant display stretching approximately 65 meters at the main entrance gate is expected to become a new stadium landmark, LG Electronics said. LG also plans to install more than 100 LG TVs throughout concourse areas and spectator walkways to ensure fans can enjoy game highlights from anywhere inside the venue. Following the end of the NFL season, the company will install an additional 215-square-meter LED display on the stadium's outer wall, the company said, with additional high-resolution screens to be set up in nearby outdoor plazas.

Sep 14, 2025By Yonhap
LG Electronics to install digital signage at NFL Baltimore Ravens' stadium

IAA 2025 Genesis displays high-performance luxury lineups for German auto fair

MUNICH — Genesis has displayed two high-performance luxury lineups — the GV60 Magma Concept and the GMR-001 Hypercar — at its flagship showroom here, with a view to raise awareness of the brand’s dynamic identity among European customers. The iconic showroom is located at the very center of the German city and has served as a major venue for delivering the carmaker’s brand value to customers since its opening in 2021. For this year’s IAA Mobility auto fair, Genesis brought two distinctive orange vehicles to the first floor of the studio, showcasing its strong commitment to diversifying its footing in not just Germany, but other key European markets. The two-story showroom covers 635 square meters, with Genesis’ commercial electric vehicle (EV) lineups displayed on the second floor of the studio, enabling customers to experience the carmaker’s GV60 all-electric SUV, Electrified GV70 and Electrified GV80 SUVs. Genesis made its brand debut in Germany, the United Kingdom and Switzerland in 2021, and has plans to enter four other major European markets — France, Spain, Italy

Sep 14, 2025By Lee Min-hyung
[IAA 2025] Genesis displays high-performance luxury lineups for German auto fair

LG Energy Solution CEO vows full support for workers released from US detention

The chief executive officer of LG Energy Solution on Friday pledged to provide full support to company workers who returned home after a weeklong detention in the United States following an immigration raid at a battery plant construction site in Georgia. Kim Dong-myung made the remark shortly after a Korean Air plane carrying more than 300 Korean workers landed at Incheon International Airport. "Although there were many difficulties, government officials worked hard to achieve this outcome," Kim told reporters. "We are very grateful for the extraordinary efforts that led to such a prompt release and for the careful discussions that ensured no disadvantages for their reentry into the U.S." The CEO said the company will "spare no effort" to support those who have returned so that they can resettle smoothly. The workers were detained last week in a sweeping immigration raid at the Georgia construction site for a battery plant to be operated by a Hyundai Motor Group-LG Energy Solution joint venture. With regard to the possible disruption to the plant construction, Kim said it was still "mana

Sep 12, 2025By Yonhap
LG Energy Solution CEO vows full support for workers released from US detention

POSCO tempers Alaska LNG deal hype after Glenfarne announcement

POSCO International has signed a partnership with Glenfarne Alaska LNG, the lead developer of the Alaska liquefied natural gas (LNG) project. Despite heightened expectations that it could become the first Korean company to join the $44 billion energy project, the trading firm is stressing that a final decision on its participation has yet to be made, in contrast to Glenfarne’s conclusive tone. Glenfarne announced on Thursday that it had inked a strategic partnership on the project’s development with the POSCO unit during Gastech, an energy conference in Milan, Italy, Wednesday (local time). Glenfarne said the agreement includes initial terms for POSCO to supply steel to construct the project’s massive 1,300-kilometer-long, 107-centimeter-wide pipeline, which will connect the state’s North Slope to southern Alaska for export. The terms also contain conditions for a 20-year heads of agreement (HOA) that POSCO will purchase 1 million tons of LNG offtake per year on a free on board (FOB) basis, the project’s first. Offtake refers to a long-term supply purchase agreement. The deal w

Sep 12, 2025By Lee Gyu-lee
POSCO tempers Alaska LNG deal hype after Glenfarne announcement

Distillery Ki One conquers international competition with whiskey Unicorn

Whiskey distillery Ki One conquered the global whiskey market in a major international competition in the United Kingdom, proving the competitiveness of the Korean brand over rival firms worldwide. The company on Sept. 4 won the Worldwide Whiskey Trophy at this year’s International Wine & Spirit Competition (IWSC) held in London for its Unicorn whiskey, one of the company’s three signature brands. The winning bottle was selected for entry from the company’s production line, not a specially prepared item for the competition, Ki One said. Bryan Do, CEO of Ki One Distillery in Namyangju, Gyeonggi Province, said Friday he didn’t expect to win an IWSC award for at least another three years, considering his company’s comparatively young age. It began production in 2020. “We all screamed when IWSC declared our brand as the category’s winner,” Do said during a press conference. IWCS, established in 1969, sees more than 4,000 brands from over 90 countries every year. “It was my dream. I guess I have achieved it earlier than I thought. The achievement also means a lot because IW

Sep 12, 2025By Ko Dong-hwan
Distillery Ki One conquers international competition with whiskey Unicorn

From noodles to snacks, retailers cash in on 'KPop Demon Hunters'

After conjuring up a magical streaming hit, “KPop Demon Hunters” is now casting a spell over snack aisles. The Netflix megahit animation about a fictional K-pop girl group by day and demon fighters by night has become a silver bullet for major food companies seeking to boost sales. Firms are scrambling to roll out products themed after Huntrix and Saja Boys — the two rival groups in the movie — hoping the film’s popularity will drive purchases not only from international fans but also from local consumers. One of the firms that benefited from the movie is Nongshim. Scenes from the movie showed Huntrix members eating instant noodles and snacks that appeared to be inspired by the food giant’s Shin Ramyun and Shrimp Crackers. Viewers drew the connection after spotting a similar logo on the noodles and noticing the shape of the crackers and shared the discovery online, generating buzz for the company. Nongshim has since begun cashing in on the trend. Starting Sept. 29, the company will launch a new Shin Ramyun instant noodle bundle online. It contains six cups featuring the movi

Sep 12, 2025By Ko Dong-hwan
From noodles to snacks, retailers cash in on 'KPop Demon Hunters'

HMM signs $309 mil. shipping deal with Brazil's Vale

HMM, South Korea's largest shipping company, said Friday it has signed a 430 billion-won ($309 million) transportation deal with Vale S.A., Brazil's top mining company. Under the agreement, HMM will deploy five bulk carriers to transport iron ore for Vale, the world's biggest producer of iron ore and nickel, from April 2026 to March 2036, the company said in a press release. The latest 10-year deal follows a 636 billion-won iron ore shipping contract HMM clinched with Vale in May. "Securing stable volumes of bulk-carrying contracts will help offset volatility in the container-shipping market and support growth," a company spokesperson said. HMM, which operates 90 container carriers, has mainly focused on container shipping but plans to expand into bulk ships and roll-on/roll-off (ro-ro) vessels for vehicle transport in the coming years. The company said it aims to expand its bulk fleet to 110 vessels by 2030 from the current 50, while adding seven ro-ro ships by the end of next year. HMM sold all of its ro-ro ships in 2002, but earlier this month, it added the first of the seven planned ve

Sep 12, 2025By Yonhap
HMM signs $309 mil. shipping deal with Brazil's Vale

Hyundai chief vows greater contribution to US economy despite Georgia raid: report

The head of Hyundai Motor Group has pledged to expand the automaker's contribution to the U.S. economy, even as the launch of a battery plant in Georgia faces a delay following an unprecedented immigration raid of workers at the site last week, according to a media report Friday. According to Automotive News, Euisun Chung, executive chair of the Korean auto giant, said at an event hosted by the U.S. publication in Detroit that the United States is Hyundai's biggest and most important market, adding that Hyundai hopes to "contribute more" through expanded investment and eco-friendly vehicles. Chung said Hyundai will continue to develop electric and hydrogen-powered models in response to growing demand for environmentally friendly mobility in the U.S. The executive chair said he was relieved to learn that hundreds of detained Korean workers at the construction site in Bryan County near Savannah, Georgia, were returning home safely. He also expressed hope that Seoul and Washington will work together to build a more stable system for future cooperation, the outlet reported. Jose Munoz, chief

Sep 12, 2025By Yonhap
Hyundai chief vows greater contribution to US economy despite Georgia raid: report

IAA 2025 Samsung Display taps mobility industry as new growth engine

Samsung Display is steering its OLED technology into the fast-growing mobility sector, positioning it as the company’s new growth engine. “Samsung OLED will become a digital platform that connects people with the future of self-driving mobility,” Lee Joo-hyung, the company’s executive vice president and head of mobile display business, said during a keynote session at IAA Mobility 2025 in Germany on Wednesday (local time). Speaking as a session panelist, Lee noted that displays are taking on a pivotal role in next-generation vehicles. “In the era of software-defined vehicles and autonomous driving, the display is emerging as both the key interface connecting people with their cars and a vital digital platform,” he said. “OLED, in particular, when paired with AI (artificial intelligence), can recognize surroundings, enable advanced safety features through deep learning and ultimately serve as essential infrastructure that creates new value for the future of mobility.” At this year’s mobility show, the company debuted its automotive OLED brand, DRIVE, underscoring its com

Sep 11, 2025By Lee Gyu-lee
[IAA 2025] Samsung Display taps mobility industry as new growth engine

Moncler Korea fined $63,200 over data leak of 230,000 users

The data protection regulator said Thursday it has fined outerwear brand Moncler Korea 88 million won ($63,200) over a data leak that affected about 230,000 customers. The Personal Information Protection Commission (PIPC) imposed the fine over the leak in December 2021 that occurred due to a cyberattack on the company's personal information processing system. The leak involved customer information needed to make purchases, excluding names, birth dates, email addresses and card numbers, among other data. The perpetrators behind the attack took over a company administrator account to install malware on the company's server to steal the customer data, according to the regulator. The PIPC said the company realized the leak the next month, and belatedly reported it to customers and the regulator.

Sep 11, 2025By Yonhap
Moncler Korea fined $63,200 over data leak of 230,000 users
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