Hyundai Motors will sell cars on Amazon starting next year, and new cars will be equipped with AI assistant Alexa

Hyundai Motors will sell cars on Amazon starting next year, and new cars will be equipped with AI assistant Alexa

▲ (From the left) Marty Malik, Vice President of Global Corporate Business Development at Amazon, and Jose Muñoz, Global Chief Operating Officer (COO) of Hyundai Motor Company, announced their partnership at the ‘2023 LA Auto Show’ held at the LA Convention Center on the 16th (local time). A commemorative photo is being taken next to … Read more

Round 8 Studio’s ‘The Lie of P’ Wins Big at 2023 Korea Game Awards

Round 8 Studio’s ‘The Lie of P’ Wins Big at 2023 Korea Game Awards

▲ Jiwon Choi, Producer of Round 8 Studio, is delivering his acceptance speech at the 2023 Korea Game Awards held at BEXCO, Busan on November 15. [비즈니스포스트] The console game ‘The Lie of P’ developed by Round 8 Studio under Neowiz won a total of 6 categories, including the grand prize, at this year’s Korea … Read more

Samsung Electronics ASML Stake Sale: Profit, Strategic Collaboration, and Investment Plan.

Samsung Electronics ASML Stake Sale: Profit, Strategic Collaboration, and Investment Plan.

[비즈니스포스트] Samsung Electronics sold a portion of its stake in Dutch semiconductor equipment company ASML in the third quarter, following the second quarter. According to the quarterly report published by Samsung Electronics on the 14th, 1,169,665 shares of ASML stock were sold in the third quarter. Accordingly, Samsung Electronics’ ASML share decreased from 0.7% (2,750,072 … Read more

Lee Bok-hyun Clarifies Short Selling Ban and Criticizes Banking Sector’s Lack of Innovation

Lee Bok-hyun Clarifies Short Selling Ban and Criticizes Banking Sector’s Lack of Innovation

[비즈니스포스트] Lee Bok-hyun, head of the Financial Supervisory Service, explained that the ban on short selling was not a measure taken with the general election next year in mind. Regarding the banking sector, he pointed out that profits were easily achieved without any significant innovation. Lee Bok-hyun draws a line in banning short selling as … Read more

Jeju Air Resumes Incheon-Macau Flights with Special Ticket Promotion

Jeju Air Resumes Incheon-Macau Flights with Special Ticket Promotion

[비즈니스포스트] Jeju Air will resume operation of the Incheon-Macao, China route. Jeju Air announced on the 25th that it will operate the Incheon-Macau route seven times a week starting November 10th. ▲ Jeju Air will resume operating the Incheon-Macao route seven times a week starting November 10. Looking at the flight schedule, the flight departs … Read more

Bitcoin Price Stays at 36.5 Million Won as CoinX Resumes Deposit and Withdrawal Services

Bitcoin Price Stays at 36.5 Million Won as CoinX Resumes Deposit and Withdrawal Services

[비즈니스포스트] The Bitcoin price stayed at 36.5 million won. It was reported that CoinX, a virtual currency exchange that suffered damage of approximately 90 billion won from a North Korean-linked hacking group, has resumed deposit and withdrawal services. ▲ There are reports that CoinX has resumed deposit and withdrawal services that were suspended due to … Read more

Chinese Government Orders Ban on Apple iPhones for Officials: Impact on Foreign Brands in China

Chinese Government Orders Ban on Apple iPhones for Officials: Impact on Foreign Brands in China

[비즈니스포스트] The Chinese government has ordered officials not to use Apple iPhones for work. The Wall Street Journal reported on the 6th (local time), citing sources, that “officials of Chinese central agencies have been ordered not to use or bring foreign-branded devices, including Apple iPhones, to the office for work for several weeks.” ▲ On … Read more

Samsung Electronics Launches Galaxy Z Flip 5 and Galaxy Z Fold 5 in Japan with Extensive Publicity Campaign

Samsung Electronics Launches Galaxy Z Flip 5 and Galaxy Z Fold 5 in Japan with Extensive Publicity Campaign

[비즈니스포스트] Samsung Electronics conducted extensive publicity in Japan ahead of the launch of its foldable smartphones Galaxy Z Flip 5 and Galaxy Z Fold 5 in Japan. Samsung Electronics announced on the 27th that it is conducting outdoor advertisements for the Flip 5 and Fold 5 using a large screen in Shibuya, Tokyo, Japan. ▲ … Read more

Domestic Producer Price Index Rises in July Due to Agricultural Product Price Increase

Domestic Producer Price Index Rises in July Due to Agricultural Product Price Increase

[비즈니스포스트] In July, the domestic producer price index turned upward for the first time in four months, influenced by the rise in agricultural product prices. According to the Bank of Korea on the 24th, the producer price index in July 2023 was 120.14 (2015 = 100), up 0.3% from June. Compared to July last year, … Read more

Berkshire Hathaway’s Operating Profit Soars to 13 Trillion Won in Second Quarter

Berkshire Hathaway’s Operating Profit Soars to 13 Trillion Won in Second Quarter

▲ Berkshire Hathaway posted an operating profit of 13 trillion won in the second quarter. Pictured is Warren Buffett, chairman of Berkshire Hathaway, who participated in the Sun Valley Conference, a social gathering held by consulting firm Allen & Company, in Sun Valley, Idaho, USA on July 13. [비즈니스포스트] Berkshire Hathaway, an investment company led … Read more