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Korean investors rush back to US stocks on stronger won

Korean investors rush back to US stocks on stronger won

A stronger South Korean won is encouraging local investors to step up their purchases of US stocks again, as a stronger currency makes dollar assets cheaper in won terms. According to the Korea Securi

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Samsung welcomes Apple to the fold with playful jabs

Samsung Electronics greeted Apple’s long-awaited entry into foldable smartphones with a playful publicity campaign highlighting the Korean company’s seven-year head start in the category. Minutes afte
Companies

Korean Air takes free, high-speed Wi-Fi to the skies

Korean Air said Friday it will begin offering free high-speed internet via SpaceX's Starlink satellite system, becoming the first full-service carrier in East Asia to adopt the low-orbit network. Star
Tech

Why Apple’s first foldable may be its most Korea-dependent iPhone yet

Apple spent years waiting for foldable phones to become good enough for an iPhone. When it finally moved, however, it reportedly put the part that makes the phone fold in the hands of a single supplie
Tech

Dyson makes oral care debut with AI toothbrush

Dyson has entered South Korea’s oral care market with CameraJet, an AI-powered toothbrush that uses a built-in camera and targeted liquid jet to combine brushing and interdental cleaning in one device
Tech

Samsung, Mistral AI team up on smarter chipmaking

Samsung Electronics is teaming up with French AI startup Mistral AI to build customized artificial intelligence models for chip design and manufacturing, deepening a relationship backed by Samsung’s i
Tech

ChatGPT Enterprise users in Korea surge 28-fold

OpenAI Korea is entering its second year after explosive growth in corporate adoption, with the number of ChatGPT Enterprise users in the country surging 28-fold over the past year. Korea’s overall Ch
Tech

Samsung, ASML deepen partnership to advance high-resolution chip tech

Samsung Electronics and Dutch manufacturer of chip equipment ASML said Tuesday they would expand their long-standing partnership on next-generation lithography technologies critical to producing advan
Companies

Korean game firms diversify global push in Germany, Japan

Korean game companies are ramping up efforts to better target global gamers by strategically and selectively taking part in international game conventions: showcasing big-budget PC and console titles
Tech

Dyson takes Korea-tested service model global

Dyson is taking customer-service practices tested in South Korea into a broader global support model that extends beyond its existing three-day repair and loan promise to include connected-device diag
Companies

Hyundai Steel targets $4b annual sales from Louisiana plant

DONALDSONVILLE, Louisiana – Hyundai Steel anticipates its planned $5.8 billion electric arc furnace steel plant in Louisiana to generate about $4 billion in annual revenue once it reaches full product
Companies

APR's Medicube tests negative for banned dye tied to unauthorized seller

South Korean beauty company APR said Friday that lab tests found no trace of Sudan Red, a banned industrial dye, in two batches of its Medicube skin cream that Singapore's health regulator flagged in
Companies

Hana Financial backs nationwide discounted-egg initiative for small retailers

Hana Financial Group is joining forces with small-business organizations to supply discounted eggs through neighborhood supermarkets, seeking to ease household food costs and support small retailers.
Companies

Devsisters expands CookieRun Card Game into Europe

Devsisters’ trading card game CookieRun: Braverse Card Game will enter the European market in January. The company will release its 13th booster pack in late January and introduce Brave League, an org
Companies

Samsung insurers weigh W9tr UK, US dealmaking push

Samsung’s two insurance arms left the door open Thursday to overseas deals potentially worth up to 9 trillion won ($6.6 billion), stopping short of denying reports linking them to major acquisitions i
Tech

Why SK hynix’s ‘Made in USA’ HBM starts in Korea

“The Indiana fab will become a gateway to deliver the first ‘Made in USA’ HBM products,” SK hynix CEO Kwak Noh-jung said at the groundbreaking ceremony on Aug. 26. Those products, however, will begin
Companies

Posco chief calls for stronger Korea-Australia resource ties

Posco Group Chairman Chang In-hwa proposed strengthening resource supply chains at the 47th Korea-Australia Business Council annual joint meeting in Adelaide on Wednesday. About 200 government and bus

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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