All News Total 8,281
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IMAGIS CEO Steps Down After Four Months as Chairman Returns to Lead Company
IMAGIS said Chief Executive Officer Lee Dong-seop, who was appointed in March, has resigned after serving for just four months.The company disclosed on July 31 that its board approved the resignation at a meeting held the same day. Lee stepped down before completing his term, which was scheduled to
SemiconductorLee Jun08-01 00:21 -
LG AI Research Unveils 750-Billion-Parameter K-EXAONE 2.0
LG AI Research has unveiled K-EXAONE 2.0, a large-scale artificial intelligence (AI) model with 750 billion parameters, more than tripling the size of its predecessor while adopting a commercially permissive open-source license.The institute said on July 31 that it had released K-EXAONE 2.0 on Huggi
IT·Gamingkimsungjin08-01 00:21 -
HD Hyundai Posts More Than 4 Trillion Won in Quarterly Operating Profit
HD Hyundai reported second-quarter operating profit exceeding 4 trillion won, supported by strong performance across its shipbuilding, construction equipment, refining and power equipment businesses.The company said on July 31 that it posted consolidated revenue of 22.4094 trillion won and operating
Defense·EnergyEunGyu Kim08-01 00:21 -
Samsung's GaN Foundry Ramp Faces Fresh Delay After Reliability Issues Emerge in Trial Production
Samsung Electronics' next-generation gallium nitride (GaN) power semiconductor foundry project has encountered a setback during trial production, raising concerns that commercial production may be delayed beyond this year. The issue emerged after some test chips reportedly failed to operate under ex
SemiconductorLee Jun08-01 00:21 -
EcoPro BM to Add Second Hungary Cathode Line in September
EcoPro BM plans to begin operating a second production line at its Hungary cathode materials plant in September as it seeks to turn its Hungarian subsidiary profitable in the second half of the year.The company reported consolidated second-quarter revenue of 576.7 billion won and operating profit of
BatteryEunGyu Kim08-01 00:21 -
Daeduck Electronics Posts Record Quarter as Operating Profit Surges 3,599%
Daeduck Electronics reported record quarterly results as demand for semiconductor substrates used in artificial intelligence (AI) servers and data centers continued to expand. Operating profit surged 3,599% from a year earlier.The company said on July 31 that it posted consolidated revenue of 401.0
Supply ChainSelye Moon08-01 00:21 -
KAI Selected to Lead Domestic AI Chip-Powered Drone Development Program
Korea Aerospace Industries (KAI) has been selected to lead a government-backed defense project aimed at developing on-device artificial intelligence (AI) semiconductors and validating their performance on unmanned aerial vehicles.KAI announced on July 31 that it had been named the preferred bidder i
Defense·EnergyEunGyu Kim08-01 00:21 -
More Than Half of Samsung’s Foldable Preorders Come From Consumers in Their Teens to 30s
More than half of the customers preordering Samsung Electronics’ latest foldable smartphones are in their teens, 20s and 30s, with the newly introduced passport-style Galaxy Z Fold8 emerging as the most popular model.Samsung Electronics said on July 31 that customers in their teens through 30s accou
ProductKIMGEON08-01 00:21 -
Hanwha Aerospace Posts Record Quarterly Operating Profit Above 1 Trillion Won
Hanwha Aerospace reported quarterly operating profit exceeding 1 trillion won for the first time, supported by strong defense exports and improved performance from its subsidiaries.The company said on July 31 that it posted consolidated revenue of 9.2929 trillion won and operating profit of 1.3655 t
Defense·EnergyEunGyu Kim08-01 00:21 -
Hanwha Ocean Wins 838 Billion-Won KDDX Lead Destroyer Contract
Hanwha Ocean has secured a contract worth 838 billion won to complete the detailed design and construct the lead ship of South Korea's next-generation destroyer program, known as KDDX.The company disclosed on July 31 that it signed a contract with the Defense Acquisition Program Administration (DAPA
Defense·EnergyEunGyu Kim08-01 00:21 -
Dongwon Systems Reports 21% Rise in Q2 Operating Profit
Dongwon Systems posted stronger second-quarter earnings, supported by growing exports of high-value-added packaging materials and improved performance at its overseas subsidiaries.The company disclosed on July 31 that it recorded consolidated revenue of 402.2 billion won and operating profit of 31.4
BatteryEunGyu Kim08-01 00:21 -
Privacy OLED Panels Cost Over 10% More Than Standard LTPO Displays
Samsung Electronics' privacy OLED panel used in the Galaxy S26 Ultra is estimated to cost more than 10% more to manufacture than a conventional low-temperature polycrystalline oxide (LTPO) OLED panel, according to industry sources.The Galaxy S26 Ultra's OLED panel adopts a dual-pixel architecture, i
Display PanelKIMGEON08-01 00:21 -
Sunic System Earns A+ Credit Rating From State-Owned Bank
Sunic System said it will expand financial support for its partner companies following an upgrade to its corporate credit rating.The company announced on July 31 that it recently received an A+ credit rating from a state-owned bank, a level it described as the highest available for mid-sized compani
Supply ChainKIMGEON08-01 00:21 -
SK hynix Says ADR Regulations Prevented Disclosure of Shareholder Return Plans
SK hynix said it was unable to disclose additional shareholder return plans because of restrictions related to its American depositary receipt (ADR) offering and US securities regulations. The company expects to provide more specific details after the ADR process is completed in early August.During
SemiconductorSelye Moon08-01 00:21 -
POSCO Holdings Posts 819 Billion Won Operating Profit in Q2
POSCO Holdings improved profitability in the second quarter, supported by stronger performance from its lithium and liquefied natural gas (LNG) businesses. The company's battery materials segment also returned to profitability, contributing to overall earnings growth.The company reported revenue of
BatteryEunGyu Kim08-01 00:21 -
KAI Partners With Embraer on Aircraft Structures
Korea Aerospace Industries (KAI) has entered into a strategic partnership with Brazilian aerospace manufacturer Embraer to collaborate on aircraft structures.KAI announced on July 30 that it signed a memorandum of understanding (MOU) with Embraer on July 28 to pursue strategic cooperation in the air
Defense·EnergyEunGyu Kim08-01 00:20 -
SK Group Chairman Chey Tae-won Makes First-Ever Open-Market Purchase of SK hynix Shares
SK Group Chairman Chey Tae-won has made his first-ever direct open-market purchase of SK hynix shares, a move interpreted as a display of his commitment to responsible management following the company's record quarterly earnings.According to a regulatory filing on DART, the Financial Supervisory Ser
SemiconductorSelye Moon08-01 00:20 -
Krafton Showcases 16 Game Franchises in First Global Brand Campaign in Japan
Krafton announced on July 29 that it has launched its first global brand campaign through digital signage at Tokyo's Shibuya Scramble Crossing, one of Japan's most prominent advertising locations.According to the company, the campaign is designed to strengthen brand recognition and showcase Krafton'
IT·GamingKimSeonghun07-31 16:33 -
POSCO DX Unveils AI-Native Strategy Built on OT, IT and AI Integration
POSCO DX has announced its transformation into an AI-Native Company, built on two strategic pillars: physical artificial intelligence (AI) for industrial operations and agentic AI for enterprise workflows.The company said it is focusing on expanding physical AI to build intelligent factories where p
IT·GamingHyun-Seon, Park07-31 16:33 -
Mars Auto to Deploy Autonomous Driving Software on Korea Post Logistics Trucks
Autonomous trucking startup Mars Auto has signed a memorandum of understanding with the Korea Post Logistics Support Foundation and logistics company Logisquare to accelerate the adoption of autonomous driving technologies for commercial freight transportation. The partnership will expand paid auton
IT·GamingHyun-Seon, Park07-31 16:33
