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Kia Motors is significantly strengthening its customer-focused strategy in Mexico. The automaker is stepping up its game in
Samsung Heavy Industries is on the verge of signing a contract with Norway’s Golar LNG to build a
South Korea’s top kimchi brand, Jongga, will make its mark at the renowned music and arts festival “Head
Samsung Next, the investment arm of Samsung Electronics, has invested in Traceloop, a startup specializing in generative AI
(Photo=Hanwha, OurHome, Motionelements) OurHome has unveiled its vision to become Korea’s No. 1 comprehensive food company by 2030, achieving $3.6 billion in revenue and $216.8 million in operating profit. On the 20th, OurHome held the ‘OurHome Vision 2030’ event at its headquarters in Gangseo-gu, Seoul, announcing its ‘New OurHome’ vision. This marks the first official event since OurHome became part
(Photo=Pixabay) Google is set to introduce a lower-cost YouTube Premium plan in South Korea that excludes access to YouTube Music, following the acceptance of the company’s voluntary corrective proposal by South Korea’s Fair Trade Commission (KFTC). On May 22, the KFTC announced it would initiate a consent decree process in response to allegations that Google violated the country’s fair trade
South Korean food company Nongshim has unveiled plans to more than double its sales by 2030 and significantly increase the share of overseas revenue as part of its corporate value enhancement initiative. On May 22, the company announced its mid-to-long-term business goals, aiming to reach approximately $5.4 billion in consolidated sales and achieve an operating profit margin of 10% by
(Photo=Nongshim, Motionelements) South Korea's leading food company Nongshim's "Shin Ramen Tomyum" (TOMYUM) is making its way to Japan. As the first global collaboration product of Shin Ramen, it was launched in Thailand in 2023 and is now sold in 25 countries worldwide. The "Shin Ramen Road" continues to stretch across the globe. According to Nongshim Japan on the 23rd, the
(Photo=MotionElement) South Korea is set to open a large-scale market for energy storage systems (ESS), with total investment expected to reach approximately $724 million. The move comes as part of efforts to stabilize the national grid and accommodate growing volumes of renewable energy. On May 22, South Korea's Ministry of Trade, Industry and Energy (MOTIE) announced plans to introduce 540
