On August 27, a visit to the KGC's Wonju factory revealed a bustling production line. Dressed in sanitary caps and clean suits, the first sight was the machines operating continuously. Pouches of red ginseng moved fluidly along the conveyor belt, while robots with multiple arms swiftly picked them up and placed them into boxes.With Chuseok just over a month away, the Wonju factory was in full swing to meet holiday demand. KGC's sales during major gift seasons, including Chuseok, Seollal (Lunar N

Samsung Electro-Mechanics has secured a supply contract for multilayer ceramic capacitors (MLCC) for artificial intelligence (AI) servers, valued at over 1 trillion won ($1.07 billion). This contract marks the largest long-term supply agreement for MLCCs in the company's history. The growing investment in AI data centers is intensifying competition for long-term supply of not only semiconductors but also high-performance electronic components.On September 1, Samsung Electro-Mechanics announced i

Coway has introduced a new product, the 'Cafe Ice Water Purifier,' which integrates coffee extraction capabilities with water and ice. This innovation aims to alleviate the inconvenience consumers faced with needing multiple devices for different coffee brewing methods.According to Coway, the new model features a replaceable container structure that significantly expands coffee options. It offers three types of dedicated containers compatible with Nespresso capsules, Dolce Gusto capsules, and cu

President Donald Trump has brought up the issue of the Falkland Islands as a means to pressure the United Kingdom to increase its defense spending. This suggests a potential shift in U.S. policy, which has maintained a neutral stance on the sovereignty of the islands for over 40 years, using the UK's defense budget as leverage.On August 31, during a press briefing in the Oval Office, Trump responded to a question about the sovereignty of the Falkland Islands, stating, "I always review all positi

Russia has once again brought up a natural gas project with China, but no concrete agreement has emerged. Chinese President Xi Jinping and Russian President Vladimir Putin held a summit on August 31 in Bishkek, Kyrgyzstan. Ahead of the meeting, Russia emphasized the 'Siberian Power 2' project, which aims to export Russian natural gas to China.Yuri Ushakov, an aide to the Russian president on foreign policy, told reporters on August 28 that Putin and Xi would discuss the possibility of finalizing

SK Telecom announced on September 1 that its self-service communication platform 'Air' has surpassed 200,000 members, prompting a promotional offer for free subscriptions to 'YouTube Premium Lite.' The promotion, which runs from September 1 to February 28, 2027, is available to new customers who sign up for the 'Air X' plan through the official Air app and website. These customers will receive a year of free YouTube Premium Lite after activation. Air X is an unlimited data plan priced at 58,000

The South Korean government is taking significant steps to establish a "battery triangular belt" that connects battery cell production in the Chungcheong region, key material production in the Yeongnam region, and raw material manufacturing in the Honam region. The initiative aims to enhance the domestic supply chain for all-solid-state and sodium batteries, as well as expand the infrastructure for recycling materials.On September 1, the Ministry of Trade, Industry and Energy held a meeting at t

KOTRA is expanding its organizational operations to enhance communication between mid-level leaders in their 30s and 40s and younger employees. This initiative aims to connect export diversification, economic security, and AI-based service innovation with changes in internal organizational culture as the agency prepares for a $1 trillion export era.On August 31, KOTRA held a session titled 'Communication with Mid-Level Leaders' featuring over 60 leaders from their 30s and 40s, along with Preside

Kim Jong-cheol, a former senior member of the Reform Party, dismissed allegations of a merger with the Democratic Party on September 1, calling it a "malicious frame" aimed at portraying former leader Lee Jun-seok as abandoning the party for personal gain.During his appearance on KBS Radio's 'Intensive Current Affairs,' Kim stated, "The merger rumors are merely the talk of gossipers or those looking to tarnish reputations; they are impossible and not worth considering." He emphasized that mergin