Qualcomm Hires Sergio Buniac from Motorola to Lead Personal AI Business
Qualcomm has hired Sergio Buniac, who led Motorola's mobile business, to strengthen its strategy of expanding from smartphone-centric operations into personal AI devices, including PCs, wearables, and XR.On August 21, Qualcomm announced Buniac's appointment as Executive Vice President and head of the Mobile, Compute, and Personal AI Group at Qualcomm Technologies. He will assume his role on September 2, overseeing the next generation of AI devices, including smartphones, personal computing, smar
Jung Jin-hyuk Appointed as New Chairman of Korea Railroad Corporation
Jung Jin-hyuk, a professor at Yonsei University, has been appointed as the new chairman of the Korea Railroad Corporation, marking the end of a five-month leadership vacancy. According to industry sources on the 20th, Professor Jung has been designated as the 9th chairman of the Korea Railroad Corporation and is expected to officially begin his duties following a ceremony as early as next month. Jung earned his bachelor's and master's degrees in civil engineering from Yonsei University and obtai
Jongkundang Signs License Agreement with Kiora for Rare Retinal Disease Drug Development
Jongkundang has signed a license agreement with Kiora Pharmaceuticals, a U.S. company specializing in eye diseases, for the domestic development and commercialization of the candidate treatment 'KIO-301' for rare genetic retinal diseases.On August 21, Jongkundang announced that it has entered into a license agreement with Kiora for the domestic development and commercialization of the retinal disease drug candidate 'KIO-301.' Under this agreement, Jongkundang will be responsible for the clinical
LG Home Robot 'Cloy' Wins Three Design Awards at IDEA 2026
LG Electronics and Samsung Electronics achieved significant recognition at the IDEA 2026, one of the world's top design awards. Notably, LG's home robot, 'Cloy,' won a finalist award at IDEA, adding to its accolades from the Red Dot and iF Design Awards, making it a triple award winner.On August 21, LG announced that it received a total of 17 awards at IDEA 2026, including five bronze and 12 finalist awards. This follows a total of 55 awards from the Red Dot and iF Design Awards earlier this yea
Goeje City Faces Flood Damage as Government Mobilizes Recovery Efforts
Goeje City in South Gyeongsang Province has experienced severe flooding, river overflow, and damage to water and power facilities due to record rainfall. The government is focusing on emergency recovery and preventing future incidents.The Ministry of Climate, Energy, and Environment reported that First Vice Minister Kim Han-seung visited Goeje City on August 21 to inspect the damage at rivers, public sewage treatment facilities, and broken water pipes.From August 15 to 19, Goeje City received a
Law Firm Lee & Ko Recognized as Top Cybersecurity and Data Law Firm in Asia
Law firm Lee & Ko, led by Managing Partner Kim Sang-gon, announced on August 21 that it has been named one of the 'ALB Asia Top Cybersecurity & Data Law Firms 2026' by Asian Legal Business.The newly established Cybersecurity & Data category reflects the growing demand for legal services related to cybersecurity and data protection amid accelerated digital transformation. Lee & Ko's selection highlights its expertise and capabilities in the data protection and cybersecurity (DPC) field on an inte
Kakao to Hold Town Hall Meeting Today Amid Discussions on Corporate Restructuring
Kakao is set to hold a town hall meeting for its employees on August 21 to discuss potential corporate restructuring. Among the topics being considered is the separation of KakaoTalk into a standalone entity.According to the information technology (IT) industry, Kakao notified employees the previous evening about the town hall meeting scheduled for 10 a.m. today. The specific agenda has not been disclosed, and details shared during the meeting will only be communicated to attendees and through t
HD Hyundai Electric Showcases Eco-Friendly Power Technology at Global Power Network Expo
HD Hyundai Electric is set to showcase its eco-friendly power technology at the world's largest power network expo, targeting the European market.The company announced on August 21 that it will participate in the 'CIGRE Paris Session 2026,' taking place from August 23 to 28 at the Palais des Congrès de Paris in France.The CIGRE Paris Session, which began in 1921, is a global event in the power systems sector held every two years. It gathers power companies, transmission system operators (TSOs),
Yoon Suk Yeol and Oh Se-hoon Face Appeals in Political Fund Law Cases
Yoon Suk Yeol, the former president, and Oh Se-hoon, the mayor of Seoul, are facing their first appeal hearings at the Seoul High Court for violations of the Political Fund Law linked to political broker Myung Tae-kyun.The court's Criminal Division 7, led by Judge Koo Hoe-geun, is set to begin Yoon's appeal hearing at 11 a.m. on August 21. Yoon is accused of conspiring with his spouse, Kim Kun-hee, to receive polling results worth 270 million won from Myung over 58 instances between June 2021 an
BS Hanyang Consortium Wins Contract for Gwangyang Port Route Straightening Project
BS Hanyang Consortium has secured a contract for the Gwangyang (Yeocheon) Port Myodo-Sudo route straightening project, valued at 195.7 billion won. On August 20, BS Hanyang announced that its consortium was selected as the final candidate for the project, which was commissioned by the Ministry of Oceans and Fisheries. The consortium includes BS Hanyang as the lead contractor, along with Taeyoung Construction, Daewoo Engineering & Construction, Dongbu Construction, and HJ Heavy Industries. This p