Google Korea Discusses Lower In-App Purchase Commission Rate

Google Korea in discussion with company headquarters to lower the 30 percent in-app purchase commission rate amid criticisms from local developers.

Google’s South Korean unit announced they have been discussing with the company headquarters to lower the planned 30 percent commission...

Samsung Display CEO Choi Joo-sun (Samsung Display)

Samsung Display Boosts ESG-Centered Strategies with RBA Membership

by James Jung

February 22, 2021

Samsung Display Co. stated that the company plans to enhance its environmental, social, and governance (ESG) participation this year. According...

South Korea’s Ministry of Trade, Industry, and Energy partners with Hyundai, LG, KST, and Hyundai Glovis for eco-friendly EV battery leasing and reusing.

South Korea Partners with Hyundai, LG, KST for EV Battery Reuse

by James Jung

February 19, 2021

South Korea’s Ministry of Trade, Industry, and Energy (MOTIE) signed a memorandum of understanding with Hyundai Motor, LG Energy Solution,...

Samsung promptly suspends chip production in Austin chip plants following heavy Texas winter storms, affecting ongoing global semiconductor shortage.

Samsung Shuts Down Texas Semiconductor Plant Due to Winter Storms

by James Jung

February 18, 2021

Samsung Electronics Co. has temporarily shut down its semiconductor plant operations in Austin, Texas. Amid the heavy Texas winter storms, electricity...

South Korea’s National Intelligence Service reveals North Korea attempted to hack Pfizer’s servers for sensitive COVID-19 vaccine technology.

North Korea Attempts Pfizer Server Hack for COVID-19 Vaccine Tech

by James Jung

February 17, 2021

South Korea’s National Intelligence Service announced that North Korea attempted to hack into US-based pharmaceutical company Pfizer. According to the...

GM reveals plans of upgrading GM Technical Center Korea’s global design capabilities through recruiting new vehicle designers for portfolio expansion. (GM Technical Center Korea)

GM Technical Center Korea Reveals Plans Design Capability Upgrade

by James Jung

February 16, 2021

General Motors revealed their plan to upgrade GM Technical Center Korea’s (GMTCK) global design capabilities. Also known as GM Korea...

Photo shows SK Innovation's proposed EV battery plant in Georgia, US. / photo courtesy of SK Innovation

Georgia Governor Request Biden to Reconsider SK Innovation ITC Ruling

by James Jung

February 15, 2021

Georgia’s governor Brian Kemp requested US President Joe Biden to reconsider the ruling against South Korean energy company SK Innovation. This...

Hanwha Q CELLS becomes first South Korean renewable energy company joining the RE100 Initiative, which promotes 100-percent sourcing of renewable energy.

Hanwha Q CELLS Joins RE100 Initiative as First Korean Renewable Energy

by James Jung

February 12, 2021

South Korean solar energy solutions provider Hanwha Q CELLS became the first domestic renewable energy company to join the RE100. RE100 is...

Samsung Electronics introduces the Samsung Knox Vault, a security solution that protects user data privacy and security against cyber attacks. / photo courtesy of Samsung Electronics

Samsung Promotes New Security Innovation Samsung Knox Vault

by James Jung

February 11, 2021

Samsung Electronics introduced the Samsung Knox Vault in response to the ever-changing trends in mobile phone usage. In a press release,...

Hyundai Motor Group introduces the TIGER X-1, an intelligent uncrewed ultimate mobility concept vehicle for scientific exploration and terrain navigation. / photo vourtesy of Hyundai Motor

Hyundai Introduces TIGER, an Intelligent Ultimate Mobility Vehicle

by James Jung

February 10, 2021

Hyundai Motor Group unveiled the TIGER X-1, its first uncrewed ultimate mobility vehicle (UMV) concept. TIGER, which stands for Transforming...

SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical

SK Global Chemical, LogisAll Develop Cycle System for Waste Reduction

by James Jung

February 9, 2021

South Korean chemical company SK Global Chemical Co. signed a memorandum of understanding (MOU) with LogisALL Consulting and Engineering. Besides...

BMW showcases the vertical kidney grill design for the new BMW The 4 Series Coupe, diverging from BMW’s trademark horizontal grill. / photo courtesy of BMW

BMW Showcases Vertical Kidney Grill for the New BMW 4 Series Coupe

by James Jung

February 8, 2021

BMW’s South Korean senior automotive design specialist Lim Seung-mo shared insights on the design for the newly released BMW 4...

GM Korea to cut down automobile production to 50 percent in Bupyeong 2 plant due to global shortage in semiconductor chips.

GM Korea Cuts Down Production Due to Semiconductor Chip Shortage

by James Jung

February 5, 2021

GM Korea Co., South Korea’s subsidiary of General Motors Company, announced they would cut down automobile production. Starting next week,...

Mando to expand development of electric and autonomous driving technologies with acquisition of auto component developer Mando-Hella Electronics.

Mando Acquires Mando-Hella Electronics, Develops Self-Driving Tech

by James Jung

February 4, 2021

South Korean automobile equipment manufacturer Mando signed a share purchase agreement with Germany-based Hella to acquire Mando-Hella Electronics (MHE). A...

Lotte Group and its chemical subsidiaries will incorporate the ‘Green Promise 2030,' an eco-friendly business policy promoting carbon neutrality.

Lotte Group Promotes Eco-Friendly Chemical Biz ‘Green Promise 2030’

by James Jung

February 3, 2021

South Korean multi-industry company Lotte Group revealed its aim for carbon neutrality goals by 2030. In accordance with the global...

KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT

KT to Establish Overseas Internet Data Centers and Facilities with LH

by James Jung

February 2, 2021

South Korea’s largest telecommunication company KT Corporation signed a memorandum of understanding (MOU) with Korea Land and Housing Corporation (LH)....

SK hynix Inc. announces the construction of the M16, a chip fabrication plant capable of developing advanced 10-nano DRAM microcircuit processor products.

SK hynix Develops 10-Nano DRAM Microcircuit Processors in M16 Plant

by James Jung

February 1, 2021

South Korean memory chipmaker SK hynix Inc. announced the establishment of their new fabrication plant, the M16. Under the tagline,...

SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.

SK Global Chemical, Brightmark to Develop Pyrolysis-Based Plastic

by James Jung

January 29, 2021

South Korean chemical company SK Global Chemical signed a memorandum of understanding (MOU) with US-based waste solutions provider Brightmark. Under...