Search results for North
Industry
Lotte Energy Materials to invest 50 billion won to expand Iksan circuit foil capacity for AI demand
Lotte Energy Materials will invest about 50 billion won to expand circuit foil production capacity for AI data centres. The investment will target facility expansion at its Iksan plant in North Jeolla Province, the only circuit foil production base in South Korea. The company aims to raise annual maximum circuit foil capacity to 16,000 tons by 2027. It said the move is a pre-emptive investment aimed at both earnings recovery and market expansion.
Industry
Solus Advanced Materials Q1 operating loss 22 billion won widens 43.8 percent
Solus Advanced Materials posted first-quarter consolidated revenue of 192.6 billion won and an operating loss of 22.0 billion won. Revenue rose 13.6 percent from the previous quarter, but the operating loss widened 43.8 percent from a year earlier. The company cited an incomplete recovery in battery foil output alongside burdens from fixed costs and power prices. Battery foil sales rose 47 percent quarter-on-quarter, while OLED materials sales fell 17.1 percent.
Industry
Coupang Eats Service ties up with 159 repair centres nationwide to support delivery partners
Coupang Eats Service (CES) said on April 28 it will launch a motorcycle maintenance partnership programme linked to 159 repair centres nationwide to strengthen safe driving for delivery partners. Some 140 partner centres will offer rest areas with sofas, tables and drinks during business hours. CES will provide a year-round 10 percent discount on 10 key consumables and run free on-site safety inspections twice a year.
-
Crypto
Stablecoins\' share of local payments rises as cross-border use fades
-
People
Korea TV Home Shopping Association names Lim Kwang-gi as new chairman
-
Games & Commerce
KOCCA seeks projects for 2026 global game localisation support
-
Crypto
Trump targets banks at private event attended by Tyson, Tether CEO, backs crypto bill
-
Industry
SK to cooperate with Vietnam on AI data centres and energy infrastructure
-
Games & Commerce
Musinsa opens Seongsu megastore in push to expand offline
-
Crypto
U.S. banking lobby seeks delay to GENIUS Act rollout amid stablecoin rulemaking hurdles
-
Crypto
North Korea-linked Lazarus tries to steal cryptocurrency with macOS malware
-
Industry
Point2 Technology secures Nvidia investment as interconnect draws attention
-
Telecommunications & Media
LG Uplus SIM updates and free replacements total more than 1 million
-
Industry
Olive Young to expand outside Seoul, spending 123.8 billion won on store overhaul
-
Games & Commerce
NCSoft to launch \'Aion 2\' globally in second half, offer PC platform service
-
Games & Commerce
Naver to buy 30 percent stake in GS Wind Power, signs 25-year direct PPA
-
Telecommunications & Media
Korea-Canada audiovisual co-production agreement to be signed after eight-year effort
-
Crypto
Galaxy research says 9,306 bitcoin still held in 518 U.S.-sanctioned addresses