(Photo=Hyundai) Concerns are rising over Hyundai Motor’s Indonesia plant, a key ASEAN hub the automaker has been nurturing. The facility’s operating rate has nearly halved compared to last year, raising worries about disruptions in its local electrification strategy.   According to Hyundai on the 24th, the operating rate at its Indonesian manufacturing plant (HMMI) in the first quarter (January–March) was

Photo=Coupang South Korean e-commerce giant Coupang drew widespread attention after mistakenly listing instant noodles at an exceptionally low price due to a pricing error. According to the retail industry on May 22, a “hot deal” appeared on Coupang the previous day, offering a 36-pack of Yukgaejang Cup Noodles for just $3.73. This meant each cup was sold for about $0.10,

(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