| Mobile Web

All articles List

Telecommunications & Media

LG HelloVision runs back-to-school promotion on direct online store, offers half-price short-term internet

LG HelloVision said on Feb. 23 it will run a “back-to-school support promotion” through its direct online store until the end of next month. The main offer is the Gwanglan Academy broadband plan for university students on a one-year contract at 13,200 won a month. Customers signing up for broadcast and internet packages can receive Olive Young gift certificates on a first-come, first-served basis, with additional vouchers for team sign-ups.

Industry

Samsung SDI bets on ESS focus to aim for quarterly profit turnaround

Samsung SDI is reorganising its business from EV batteries toward energy storage systems, citing difficulty in a near-term recovery in EV demand. It targets nearly 50 percent ESS sales growth this year and aims to turn profitable on a quarterly basis in the second half. The company is converting U.S. capacity from EV lines to ESS and expects profitability to improve as a U.S. LFP line starts up. It also plans asset sales, including Samsung Display shares, to strengthen finances.

Games & Commerce

Quick commerce booms, blurring lines between convenience stores, supermarkets, e-commerce and delivery apps

South Korea's quick commerce market is growing rapidly, blurring boundaries across retail channels as convenience stores, supermarkets, e-commerce and delivery apps expand rapid delivery and pickup services. Statista data show the market rose from 350 billion won in 2020 to 1.2 trillion won last year and is forecast to exceed 5 trillion won this year. Convenience store chains are leveraging store networks and platform partnerships, while SSG.com plans to expand its logistics hubs nationwide.