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Jan 16, 2025 | 
pulse.mk.co.kr | Park Seung-joo |Yoon Yeon-hae
South Korean display maker LG Display Co. will do its best to swing back to profit this year as it has created an opportunity for a turnaround in 2024, according to its Chief Executive Officer (CEO) Jeong Cheol-dong. Jeong’s remarks were made during a briefing on its fourth-generation organic light-emitting diode (OLED) display panel at LG Sciencepark in Magok, western Seoul, on Thursday. Jeong highlighted JUMP as the keyword for the management for 2025.
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Jan 9, 2025 | 
pulse.mk.co.kr | Jeong Ho-jun |Yoon Yeon-hae
South Korean online gaming company Krafton Inc. is considering large-scale mergers and acquisitions (M&As) this year as part of its business diversification strategy. “We have been focusing on M&As since 2023 to diversify our business,” said Krafton Chairman Chang Byung-gyu, while delivering a lecture at the 2025 Federation of Korean Industries (FKI) Future Leaders Camp held in Gangneung, Gangwon Province, on Thursday.
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Jan 8, 2025 | 
pulse.mk.co.kr | Park Seung-joo |Yoon Yeon-hae
LG Electronics Inc. is confident that it will be able to nurture next-generation unicorn businesses in the next five years, according to Rhee Sok-woo, vice president and head of the company’s North America Innovation Center (LG NOVA).
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Jan 7, 2025 | 
pulse.mk.co.kr | Park So-ra |Park Seung-joo |Yoon Yeon-hae
South Korean tech giants Samsung Electronics Co. and LG Electronics Inc. are set to go head-to-head with their innovations in artificial intelligence (AI)-powered home appliances at Consumer Electronics Show (CES) 2025, which kicks off on Tuesday local time in Las Vegas, the United States.
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Dec 5, 2024 | 
pulse.mk.co.kr | Park Seung-joo |Yoon Yeon-hae
South Korean tech giant LG Electronics Inc. is accelerating efforts to improve work efficiency through generative artificial intelligence (AI), aiming to give a boost to productivity and efficiency as well as processes across its entire business. The company announced on Thursday that it recently hosted a Gen AI Hackathon for all employees. The event aimed to identify ideas for streamlining routine and repetitive tasks using generative AI, in order to implement them, the company said.
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Dec 4, 2024 | 
pulse.mk.co.kr | Park Seung-joo |Yoon Yeon-hae
LG Electronics Inc.‘s “All New Styler,” a clothing care system launched earlier in 2024, is driving the second heyday of its stylers. This is largely attributed to the inclusion of a handheld steam iron, a first for clothing care systems in Korea. According to industry sources on Wednesday, the South Korean tech giant saw its cumulative sales of all stylers in the first 10 months of the year grow by more than 20 percent year-on-year, thanks to the All New Styler’s strong performance.
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Dec 3, 2024 | 
pulse.mk.co.kr | Kim Jung-hwan |Lee Hee-jo |Yoon Yeon-hae
South Korea’s NH Nonghyup Bank is weighing its participation in the competition for a license for the country’s fourth internet-only bank through investment in the Douzone Bank consortium. According to sources from the financial sector on Monday, NH Nonghyup Bank is considering investing a stake of around 9 percent in Douzone Bank, which has declared its bid for the 4th internet bank license.
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Nov 26, 2024 | 
pulse.mk.co.kr | Hwang Soon-min |Yoon Yeon-hae
Samsung C&T Corp., a trading, investment, and construction unit under South Korea’s Samsung Group, won a 4 trillion won ($2.84 billion) water desalination and power generation project in Qatar. Samsung C&T’s construction division announced on Tuesday that an international consortium involving the company won the “Facility E” desalination and power generation project from Qatar General Electricity and Water Corp., also known as KAHRAMAA.
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Nov 25, 2024 | 
pulse.mk.co.kr | Moon Gwang-min |Yoon Yeon-hae
The Korean National Police Agency announced on Monday that its National Office of Investigation (NOI) uncovered 25 cases of technology leaks to foreign countries and apprehended related offenders between January and October 2024. This is the highest number of arrests since the NOI’s inception in 2021. China was the primary destination for leaked Korean technologies, accounting for 72 percent, or 18 cases, of the total overseas technology leak cases during the period, according to the NOI.
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Nov 20, 2024 | 
pulse.mk.co.kr | Lee Hee-jo |Yoon Yeon-hae
Hanwha Life Insurance Co. became the first South Korean insurance company to acquire a U.S. securities firm. This acquisition is seen as a significant step for Hanwha Life in its journey to becoming a global comprehensive financial group. Hanwha Life said on Wednesday that it signed a stock purchase agreement (SPA) to acquire a 75 percent stake in Velocity Clearing LLC, a U.S.-based securities firm.
