The global food market has become the latest battleground for cultural ownership as South Korean food conglomerate CJ CheilJedang secured a design patent for its Bibigo dumplings in the United States. This strategic business move has ignited fierce opposition from Chinese media outlets, which claim dumplings as part of China’s cultural heritage. How might this…
Taiwan Semiconductor Manufacturing Company (TSMC) has delivered astonishing financial results for Q1 2025, shattering previous records and defying market uncertainties. The world’s largest contract chipmaker reported a 41.6% year-over-year revenue increase to NT$839.2 billion (approximately $26.5 billion), with net profits soaring 60.3% to NT$361.5 billion ($11.4 billion). These remarkable figures come amid ongoing global semiconductor…
The LG Group has strategically reshuffled its Washington DC office leadership, bringing in trade expertise from the Korea International Trade Association as the company prepares for heightened US trade tensions. This tactical move signals how Korean conglomerates are rapidly adjusting to navigate the second Trump administration’s unpredictable policy landscape. Key Leadership Changes Reflect Strategic Priorities…
The pharmaceutical giant Eli Lilly has sent shockwaves through the healthcare industry with groundbreaking results from Phase 3 clinical trials of orforglipron, their new once-daily oral obesity treatment. Participants shed an impressive average of 7.3kg (16.1 pounds) over just 40 weeks, potentially revolutionizing how we treat obesity worldwide. This development could dramatically reshape the $150…
Subtitle: How American Natural Gas Could Reshape Korea’s Energy Independence Strategy The expanding partnership between South Korea and the United States in liquefied natural gas (LNG) trade is emerging as a cornerstone for Korea’s energy security strategy. During the Energy Innovation Forum hosted by the American Chamber of Commerce in Korea on April 18, 2025,…
The major Korean refiners are racing to secure substantial funding as global oil prices and demand continue their precipitous decline. HD Hyundai Oilbank, SK Innovation, and GS Caltex are all planning significant bond issuances to weather the storm hitting the refining sector. With WTI crude hovering in the low $60s and demand forecasts being slashed,…
The newest battleground for Korean retailers isn’t online—it’s in the stomachs of Seoul’s busy professionals. Emart Food Market’s recently opened Godeok branch is rapidly becoming the go-to lunch destination for 30-40 something office workers, transforming the traditional grocery experience into something far more attuned to modern urban lifestyles. What’s driving this shift in consumer behavior,…
Miridi has simultaneously launched its AI design solution ‘MiriCle’ to global markets on April 18, 2025, marking a significant milestone for the Korean tech company. This innovative tool, integrated into their visual communication platform ‘MiriCanvas’, aims to democratize design by enabling users to create professional-quality content without specialized training. How might this Korean innovation reshape…
Small and medium-sized enterprises (SMEs) in Korea are about to receive a significant lifeline as global trade tensions intensify. The Ministry of SMEs and Startups has just unveiled an ambitious support package aimed at businesses struggling with the recent US tariff measures. Will this billion-dollar intervention be enough to keep Korean exporters competitive in an…
Netflix CEO Greg Peters delivered a message of confidence to investors during the streaming giant’s Q1 2025 earnings call, declaring the company immune to potential disruptions from former President Trump’s tariff policies. This bold stance comes as Netflix continues its impressive growth trajectory, surpassing Wall Street expectations. What’s behind this streaming powerhouse’s continued resilience in…