Heineken® 0.0 has entered a multi-year deal with Playtomic, expanding its sponsorships in padel across every level of the sport Padel players will benefit from exclusive social moments designed by Heineken® 0.0 and Playtomic to elevate padel experiences around the world The partnership kicks off in December featuring the launch of Open Matches by Heineken® 0.0 in [...]
SEOUL, Nov. 19 (Korea Bizwire) – Samsung Display Co. has reached a settlement with China’s BOE Technology Group Co. over technology infringement involving organic light-emitting diode (OLED) displays, ending a nearly three-year dispute in the South Korean company’s favor, sources said Wednesday. The U.S. International Trade Commission (ITC), which was originally set to deliver a [...]
SEOUL, Nov. 19 (Korea Bizwire) – LG Electronics Inc. said Wednesday it has opened a showroom for its new luxury brand SKS in Chicago as part of efforts to expand its presence in the high-end built-in appliance market in the United States. Designed by Italian architect Piero Lissoni, the showroom is located at Merchandise Mart, [...]
SEJONG, Nov. 19 (Korea Bizwire) – The number of family members serving as unregistered executives at family-run conglomerates, or chaebol, has increased, raising concerns about a growing gap between authority and accountability, the antitrust regulator said Wednesday. Since 2010, the Fair Trade Commission (FTC) has reviewed and released annual reports on the ownership and governance [...]
SEOUL, Nov. 19 (Korea Bizwire) – HD Hyundai, South Korea’s leading shipbuilding group, said Wednesday it has become the world’s first shipbuilder to deliver 5,000 vessels, reaching the milestone 50 years after its inaugural ship delivery. The 5,000th vessel, delivered last month, was the Diego Silang, the second offshore patrol vessel built for the Philippine [...]
SEOUL, Nov. 19 (Korea Bizwire) – Yi Chung, chief executive officer (CEO) of Samsung Display Co., said he expects an “explosive growth” in demand for flexible products in 2030, noting the company will beef up its competitiveness by focusing on such premium products. The head of the wholly owned subsidiary of Samsung Electronics Co. made [...]
SEOUL, Nov. 19 (Korea Bizwire) — A brief moment in last week’s friendly match between South Korea and Bolivia has become an unlikely symbol of sportsmanship and selfless instinct, drawing praise at home and abroad and prompting a wider reflection on human altruism. During the Nov. 14 match at Daejeon World Cup Stadium, Bolivia’s goalkeeper [...]
SEOUL, Nov. 19 (Korea Bizwire) — A large majority of South Korean workers say the country’s labor market is fundamentally unequal, reflecting long-standing structural divides between large conglomerates and smaller firms, according to new research presented at a major labor conference in Seoul on Tuesday. The survey, released at the 30th-anniversary forum of the Federation [...]
SEOUL, Nov. 19 (Korea Bizwire) — LG AI Research is accelerating its entry into major global equity markets with a new artificial intelligence–driven forecasting model developed in partnership with the London Stock Exchange Group (LSEG), aiming to capture rising demand for automated investing tools. The model, called the AI Equity Forecasting Score (AEFS), analyzes roughly 5,000 [...]
SEOUL, Nov. 19 (Korea Bizwire) — South Korea’s major conglomerates are increasingly elevating executives born in the 1970s to senior leadership roles, signaling a generational shift in corporate management, according to new analysis released Wednesday by the Korea CXO Institute. At Samsung Electronics, three division heads born in 1970 or later now hold president-level titles: Yong [...]