[News Space=Reporter seungwon lee] Naver has entered the '10 trillion club' 25 years after its founding. It is the first among domestic platform companies and internet companies. Analysis suggests that its performance was boosted by the continued growth of its core businesses such as search and commerce. With the return of founder Lee Hae-jin and the announcement that Naver will launch new services in the fields of search and commerce that incorporate AI this year, attention is focused on whether this growth trend will continue and whether it will boost Korea's IT pride in the US Big Tech revo
[News Space=Reporter seungwon lee] Hancom Lifecare (CEO Seon-young Kim), a defense and safety equipment specialist and subsidiary of Hangul & Computer (hereinafter referred to as Hancom), announced on the 6th that it signed a memorandum of understanding (MOU) for comprehensive business cooperation with global firearms manufacturer Beretta. This agreement was pursued to enhance Hancom Lifecare's brand awareness in the defense market and to lay the foundation for overseas expansion of the defense business, which is being promoted as a new growth engine. The MOU signing ceremony took place in
[News Space=Reporter seungwon lee] Contemporary performance golf wear brand WAAC has successfully completed its participation in the 2025 PGA Merchandise Show. Wax participated in the '2025 PGA Merchandise Show (hereinafter referred to as the PGA Show)' held in Orlando, Florida, USA from January 21st to 24th (local time). The PGA Show is the world's largest golf trade show hosted by the Professional Golfers' Association (PGA). It is a place where over 1,000 global golf companies participate and interact with golf professionals from around the world. Wax selected 'red' as the main color for thi
[News Space=Reporter seungwon lee] SPC Group (Chairman Heo Young-in), which operates Paris Baguette, has decided to invest in a bakery in Texas, USA and is moving forward with full-scale construction. SPC Group has completed the purchase of a bakery site measuring approximately 150,000 m2 (45,000 pyeong) in the industrial complex 'Highpoint Business Park' located in the City of Burleson, Johnson County, Texas, USA, and has received approval for investment plans and subsidies from the local government. The final procedure, the incentive signing ceremony, was held on January 27 at the Johnson Co
[News Space=Reporter seungwon lee] Olive Young, the 'representative K-beauty platform', is making full-scale inroads into the US market to expand its global business. CJ Olive Young (hereinafter referred to as Olive Young) announced on the 4th that it established a local corporation, 'CJ Olive Young USA', in Los Angeles (LA), California, USA. The plan is to use the US as a forward base for leaping to the 'No. 1 global K-beauty platform' and accelerate the 'globalization of K-beauty' based on the experience and know-how contributed to creating the 'K-beauty industry ecosystem' in Korea. The Uni
[News Space=Reporter seungwon lee] Hanwha Ocean (CEO Kim Hee-chul) announced its performance of annual sales of KRW 10.776 trillion and operating profit of KRW 237.9 billion for 2024. Sales in 2024 increased by 45.5% year-on-year. Operating profit turned to a surplus for the first time in four years since 2020. Sales in the fourth quarter of 2024 were KRW 3.2532 trillion, and operating profit was KRW 169 billion. Reflecting the increase in operating days and sales from high-priced projects, sales in the fourth quarter of 2024 increased by 20.4% compared to sales in the third quarter (KRW 2.230
[News Space=Reporter seungwon lee] Samsung SDI today announced its final quarter and annual financial results for 2024. In 2024, Samsung SDI achieved annual revenue of KRW 16.59 trillion, with an operating profit of KRW 363.3 billion. Including the polarizer films business, which is stated separately as part of discontinued operations, the total revenue reached KRW 17.88 trillion with an operating profit of KRW 446.4 billion. In the fourth quarter, the revenue totaled KRW 3.75 trillion, while the company recorded an operating loss of KRW 256.7 billion. The battery business posted KRW 3.56 tril
[News Space=Reporter seungwon lee] LG Chem is strengthening its business competitiveness in the Thai aesthetic market. LG Chem announced on the 10th that it has begun full-scale sales of the PN (Polynucleotide) ingredient skin booster 'Vitaran (HP VITARAN, export name HP Cell VITARAN i)' in Thailand. Based on the direct sales network of the Thai corporation, following the cosmetic filler 'YVOIRE' that was first introduced in Thailand in 2021, it has expanded its aesthetic product line, and by maximizing the synergy between the two products, it is expected to gain further momentum in conquering
[News Space=Reporter seungwon lee] LG Energy Solution will exclusively supply cylindrical batteries to American solar electric vehicle startup Aptera Motors. LG Energy Solution announced on the 10th that it signed a three-party business agreement (MOU) with Aptera Motors and domestic battery pack manufacturer CTNS at CES 2025, the world's largest home appliance and information technology show held in Las Vegas, USA on the 8th (local time). Through this, the company has agreed to supply 4.4 GWh of cylindrical batteries (2170) to Aptera Motors for seven years from this year to 2031 and to active
[News Space=Reporter seungwon lee] LS Group Chairman Koo Ja-eun visited the world's largest electronics and IT exhibition 'CES 2025' for two days from the 8th to the 9th, continuing her streak from last year, to directly experience various new technologies and new products that incorporate cutting-edge technologies such as artificial intelligence (AI) and explore new business opportunities utilizing them. Previously, the next-generation superconducting innovation solution 'HyperGrid NX' jointly developed by LS Cable & System and LS Electric won the 'CES Innovation Award', and HyperGrid NX
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UPDATE: 2025년 08월 02일 20시 44분
