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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

Wed, March 29, 2023 | 16:14

Apple to open 5th retail store in Korea this week

Apple to open 5th retail store in Korea this week

U.S. tech giant Apple said Wednesday it will open its fifth retail store in Korea later this week, strengthening its presence in the country where its rival Samsung Electronics is maintaining a dominant market position.

2023-03-29 14:25

'Portability was key factor in designing glo Hyper X2': BAT's head designer

'Portability was key factor in designing glo Hyper X2': BAT's head designer

Portability was what Ken Kim, a group head of design at British American Tobacco (BAT) Rothman, had focused the most on when he was designing the company's latest tobacco heating product glo Hyper X2, the designer said during a video interview, Tuesday. The head designer met with reporters online to share his design philosophy and the stories behind the development of glo Hyp...

2023-03-28 17:52

Bid Committee for World Expo 2030 Busan signs MOU with Hyundai Motor Group

Bid Committee for World Expo 2030 Busan signs MOU with Hyundai Motor Group

The public-private committee promoting Busan's bid to host the World Expo 2030 has signed a memorandum of understanding (MOU) with Hyundai Motor Group, in a coordinated effort to illustrate the capabilities of Korea's infrastructure and technological advancements in high-tech and green electric vehicles (EVs), market watchers said, Tuesday.

2023-03-28 17:17

Baby Shark named as 5th brand ambassador for World Expo 2030 Busan

Kakao to create synergy with SM Entertainment

Kakao to create synergy with SM Entertainment

Kakao's high-tech IT value chain distribution channels will be combined with SM Entertainment's extensive intellectual property (IP), leading to mutually beneficial business expansion, the company CEO said Tuesday. Kakao and its entertainment subsidiary Kakao Entertainment together acquired a 39.87 percent stake in SM Entertainment, a leading local cultural content agency.

2023-03-28 17:17

BMW launches new XM

BMW launches new XM

BMW Korea held a ceremony in Korea, Tuesday, launching the XM, which it describes as an ultra-high-performance sports activity vehicle (SAV). BMW introduced the legendary M1 sports coupe in 1978 and the XM is the first plug-in hybrid electric vehicle (PHEV) in the M high-performance lineup.

2023-03-28 16:45

Baby Shark named as 5th brand ambassador for World Expo 2030 Busan

The public-private committee promoting Busan's bid to host the World Expo 2030 has selected Baby Shark as the official ambassador for the international event, in an effort to help the Korea-originated global viral sensation raise awareness of the importance of a global coalition to counter climate change, the committee said Tuesday.

2023-03-28 16:01

Bid Committee for World Expo 2030 Busan signs MOU with Hyundai Motor Group

KITA vice chairman paints bleak picture of Korea's exports this year

KITA vice chairman paints bleak picture of Korea's exports this year

Korea's exports will likely contract by as much as 9 percent this year, if semiconductor makers and other major exporters continue to face a decline in demand for their products overseas amid a deepening global economic downturn, according to the Korea International Trade Association (KITA), Tuesday.

2023-03-28 15:52

Kakao secures 40% stake in SM Entertainment through tender offer

Kakao secures 40% stake in SM Entertainment through tender offer

Korean tech giant Kakao said Tuesday that it has secured a total 40 percent stake in SM Entertainment through a tender offer, gaining management control over the K-pop powerhouse.

2023-03-28 14:16

Regulator approves travel platform Yanolja's takeover of Interpark

Regulator approves travel platform Yanolja's takeover of Interpark

Korea's antitrust regulator said Tuesday it has approved travel platform operator Yanolja's purchase of e-commerce firm Interpark's travel business

2023-03-28 09:27

CJ CheilJedang sees chicken as next big seller after frozen dumpling

CJ CheilJedang sees chicken as next big seller after frozen dumpling

CJ CheilJedang, Korea's largest food company by sales, is considering chicken as its next strategic product to succeed its popular frozen dumplings, which helped its Bibigo brand's global sales surpass 1 trillion won ($768.3 million) in 2022, company officials said Monday.

2023-03-28 08:16

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Top 10 Stories

1	Revised Japanese textbooks distort wartime forced labor, catching Korea off guard

2	Clock ticks for China's massive repatriation of N. Korean defectors

3	Gold price nears all-time high amid financial jitters

4	Ramsar wetland in Han River cleaned up for protected birdlife

5	BMW launches new XM

6	Civic groups in Gwangju await meeting with Chun Doo-hwan's grandson

7	CJ CheilJedang sees chicken as next big seller after frozen dumpling

8	North Korea unveils tactical nuclear warheads

9	2024 budget to focus on tackling low birthrate

10	Jeju seaways get busy with cruise ships, new trade route to Qingdao

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