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  • Companies

    Busan Mobility Show seeks breakthrough as popularity fades

    The 2026 Busan International Mobility Show opens Friday amid a deepening identity crisis, as experts and industry officials warn that the biennial auto exhibition risks becoming an expensive, fragmented marketing showcase for only a handful of carmakers. While eight global brands including Hyundai Motor, Kia, BMW Korea and BYD Korea will occupy the exhibition floors, the glaring absence of major players such as Mercedes-Benz Korea, Renault Korea and KG Mobility, highlights the event's declining appeal. The limited lineup for the show reflects a broader challenge facing auto shows worldwide, as manufacturers increasingly favor digital product launches and dedicated brand events over large-scale exhibitions. Industry experts have repeatedly warned that without a radical pivot toward a specialized, tech-driven identity such as a focus on artificial intelligence (AI) or software-defined vehicles (SDVs), the Busan event faces the same obsolescence that has recently claimed legacy exhibitions abroad. Despite such recommendations, this year's Busan International Mobility Show is expected to lar

    4 MIN READBy Lee Min-hyung
    Busan Mobility Show seeks breakthrough as popularity fades
  • Companies

    POSCO’s new portfolio boils down to 8 specialty steels

    2 MIN READBy Ko Dong-hwan
    POSCO’s new portfolio boils down to 8 specialty steels
  • Companies

    T’way, Eastar in dilemma over unprofitable Jeju route

    2 MIN READBy Lee Min-hyung
    T’way, Eastar in dilemma over unprofitable Jeju route
  • Tech & Science

    KT targets enterprise AX market with AI Innovation Hub

    2 MIN READBy Lee Gyu-lee
    KT targets enterprise AX market with AI Innovation Hub
  • Companies

    HD Construction Equipment launches excavator line for emerging markets

    2 MIN READBy Jhoo Dong-chan
    HD Construction Equipment launches excavator line for emerging markets
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Banking & Finance

Internet-only K-Bank again postpones IPO plan

Internet-only K-Bank said Wednesday that it has decided to push back its plan to go public amid increased market uncertainties.

Jan 8, 2025By Yonhap
Internet-only K-Bank again postpones IPO plan
Companies

Samsung Q4 profit misses forecast on missteps in AI chips

Samsung Electronics on Wednesday estimated its fourth-quarter operating profit more than doubled from a year earlier but missed market expectations due to lackluster performance in its high-end memory chips for artificial intelligence accelerators.

Jan 8, 2025By Yonhap
Samsung Q4 profit misses forecast on missteps in AI chips
  • Nvidia CEO Jensen Huang hints at Samsung's qualification for HBM
Companies

Nvidia CEO Jensen Huang hints at Samsung's qualification for HBM

Jensen Huang, CEO of Nvidia on Tuesday hinted that Samsung Electronics will soon be able to supply its high bandwidth memory (HBM) chips to the U.S. AI chip giant.

Jan 8, 2025By Yonhap
Nvidia CEO Jensen Huang hints at Samsung's qualification for HBM
  • Samsung Q4 profit misses forecast on missteps in AI chips
Banking & Finance

What's behind KOSPI's rebound at start of 2025?

Korean stocks are moving in an upward trajectory, after extending a losing streak from 2024 and making a shaky start to the New Year.

Jan 7, 2025By Yi Whan-woo
What's behind KOSPI's rebound at start of 2025?
Companies

SK hynix seeks to redefine AI memory technology, solidify HBM leadership at CES 2025

With the recent boom in artificial intelligence, Korean chip giant SK hynix Inc. has emerged as one of the most influential players in the global semiconductor industry, especially in the high bandwidth memory (HBM) chip sector.

Jan 7, 2025By Yonhap
SK hynix seeks to redefine AI memory technology, solidify HBM leadership at CES 2025
Business

Korean economy unshaken by political turmoil, trade minister says

Minister for Trade Cheong In-kyo, Tuesday, dismissed concerns that Korea's economy will suffer this year due to political turmoil surrounding the embattled President Yoon Suk Yeol and the deeply divided legislature.

Jan 7, 2025By Ko Dong-hwan
Korean economy unshaken by political turmoil, trade minister says
Banking & Finance

6 out of 9 credit card firms in Korea appoint new CEOs amid key business challenges

Six out of nine credit card companies in Korea have replaced their CEOs amid worsening internal and external business conditions, emphasizing the need for change, innovation and survival as key themes for 2025.

Jan 7, 2025By Jun Ji-hye
6 out of 9 credit card firms in Korea appoint new CEOs amid key business challenges
Companies

Shipyard workers protest increased visa quota for migrant laborers

Conflict is intensifying in the Korean shipbuilding industry following the government's recent decision to maintain an expanded quota for migrant laborers at shipyards.

Jan 7, 2025By Park Jae-hyuk
Shipyard workers protest increased visa quota for migrant laborers
Tech & Science

Koreans post record length of generative AI usage time in December: data

Koreans used major generative artificial intelligence services for the longest amount of time last month, data showed Tuesday.

Jan 7, 2025By Yonhap
Koreans post record length of generative AI usage time in December: data
Companies

Hyundai, Kia's eco-friendly car sales in US reach record 346,441 units in 2024

Hyundai Motor and Kia, Korea's leading automakers, achieved their highest-ever sales of eco-friendly vehicles in the United States last year, according to the companies Tuesday.

Jan 7, 2025By Yonhap
Hyundai, Kia's eco-friendly car sales in US reach record 346,441 units in 2024
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