SK Hynix secures deal to supply HBM3 microchip to Nvidia
Jun 10, 2022 09:32 am UTC| Business Economy
SK Hynix has signed a deal to supply the HBM3 microchip to Nvidia Corporation, which is an American tech company. The chip has been described as the worlds best-performing chip and a first of its kind in the...
Merck announces the completion of its expanded OLED plant in Pyeongtaek
Jun 10, 2022 08:50 am UTC| Business Economy
Merck Korea announced on Thursday, June 9, that the expansion of its production facility in Pyeongtaek, Gyeonggi Province, is already complete. The company is the local unit of the German science and tech firm. As per...
McDonald’s Korea is up for sale; Fast-food giant looking for a partner
Jun 10, 2022 08:25 am UTC| Business Economy
McDonalds Corporation has put up a for sale sign for its operation in South Korea, and this move follows other major fast-food franchises that are currently selling their Korean units. It was reported that the Seoul-based...
KT unveils ₩27T investment plan to hire 28,000 employees for company’s growth
Jun 10, 2022 08:15 am UTC| Business Economy
KT Corporation revealed its new investment plan for the company on Thursday, June 9. It will be investing a total of ₩27 trillion or around $21.5 billion to step up the growth of its telecommunication unit and other...
Kakao Pay arrives in Singapore via partnership with Alipay
Jun 10, 2022 07:39 am UTC| Business Economy
Kakao Pay is now offering its services in Singapore, and this was made possible through its partnership with Alipay Plus. The South Korea-based mobile payment and digital wallet service will now be available in offline...
S. Korea to produce biodegradable plastic with seaweed
Jun 10, 2022 05:08 am UTC| Economy Nature Business Science
South Koreas Ministry of Oceans and Fisheries and a research team at Pohang University of Science and Technology will begin developing technology that uses marine plants to produce biodegradable plastic material. Among...
Nike cancels its Run Club app in China
Jun 09, 2022 10:37 am UTC| Business Economy
Nike announced this week that it would no longer operate its Run Club app in China. The American footwear manufacturing company said that the service would be effectively deactivated on July 8. Nikes Run Club...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects