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K-Fashion Expands Globally with Partnership Between Content Agency and Hyundai Department Store K-Fashion Expands Globally with Partnership Between Content Agency and Hyundai Department Store

South Korea's Content Agency and Hyundai Department Store have joined forces to support the international expansion of domestic small and medium-sized fashion designer brands.The two organizations announced the signing of a memorandum of understanding on August 6 at the CKL Business Support Center in Seoul.The Content Agency will handle brand selection and marketing, while Hyundai Department Store will manage overseas distribution networks and local store operations.Key figures at the signing ce

Aekyung Industry Donates $4.5 Million in Products to Vulnerable Communities in Seoul Aekyung Industry Donates $4.5 Million in Products to Vulnerable Communities in Seoul

Aekyung Industry has donated products worth 5.3 billion won (approximately $4.5 million) to support vulnerable communities in Seoul. This initiative, which began in 2012, marks the 15th year of the company's support for low-income households, bringing the total donations to 61.9 billion won (about $52 million). On August 6, Aekyung Industry held a product donation ceremony at Seoul City Hall in collaboration with the Seoul Metropolitan Government, the Seoul Community Chest of Korea, and the Hope

Korea-U.S. Science and Technology Conference Kicks Off in Orlando Korea-U.S. Science and Technology Conference Kicks Off in Orlando

More than 1,000 scientists and engineers from South Korea and the United States gathered to discuss joint research and technology commercialization in advanced fields such as artificial intelligence (AI), biohealth, aerospace, and semiconductors.The Korea Federation of Science and Technology Societies (KOFST) announced that the '2026 Korea-U.S. Science and Technology Conference (UKC 2026)' opened on August 6 in Orlando, Florida, co-hosted by the Korean American Scientists and Engineers Associati

OpenAI Reveals Design of New AI Device: A Screenless Doughnut-Shaped Speaker OpenAI Reveals Design of New AI Device: A Screenless 'Doughnut-Shaped Speaker'

OpenAI, the developer of ChatGPT, has unveiled the design of a new artificial intelligence (AI) device being developed in collaboration with Jony Ive. The device is a portable speaker shaped like a doughnut, without a screen, and is targeted for release next year.According to Bloomberg on August 6, the device is roughly the size of a hockey puck and features a circular design with a hole in the center. It includes a built-in battery, allowing users to move it around the home without being tether

Hyein Shares Surge on AI Data Center Expansion Hopes Hyein Shares Surge on AI Data Center Expansion Hopes

Hyein's shares soared to the daily limit on expectations of benefiting from the expansion of the artificial intelligence (AI) data center market.According to the Korea Exchange, as of 10:31 a.m., Hyein's stock was trading at 5,910 won, up 1,360 won (29.89%) from the previous trading day.Market analysts are focusing on Hyein's role as the official dealer for global construction and mining equipment company Caterpillar in South Korea. Hyein primarily engages in the supply of generators and engines

hy Expands Research on Probiotic HP7 from Stomach to Intestine hy Expands Research on Probiotic HP7 from Stomach to Intestine

hy is expanding its research on its proprietary probiotic HP7, originally isolated from kimchi, from the stomach to the intestine. Comparative studies of live HP7 and heat-treated, inactive HP7 under the same conditions showed improvements in intestinal motility indicators in animal models for both forms. Based on these findings, hy plans to broaden the application of HP7 not only as a live probiotic but also as a postbiotic material. On August 7, hy announced that its research paper on HP7's ef

Korea Electric Power Corporation Launches KEPCO Technology Holdings to Foster Energy Unicorns Korea Electric Power Corporation Launches KEPCO Technology Holdings to Foster Energy Unicorns

Korea Electric Power Corporation (KEPCO) has officially launched KEPCO Technology Holdings, a subsidiary aimed at connecting its portfolio of over 8,000 patents and public energy technologies to the growth of private enterprises. The initiative seeks to establish a comprehensive commercialization system that supports everything from technology transfer to direct investment, validation, and market expansion both domestically and internationally, with the goal of nurturing unicorn companies in the

Coupang Expands AI Use for Product Comparison and Review Summaries Coupang Expands AI Use for Product Comparison and Review Summaries

Coupang is expanding the use of artificial intelligence (AI) beyond product search and recommendations to include comparison and purchase decision stages. The strategy aims to enhance the shopping experience by summarizing key information and analyzing differences between similar products, allowing consumers to avoid sifting through extensive product descriptions and reviews. On August 7, Coupang announced the implementation of AI-based features such as 'Product Overview,' 'Product Highlights,'

Is Limiting Early Morning Delivery Hours a Solution for All? Is Limiting Early Morning Delivery Hours a Solution for All?

Early morning delivery has become a vital part of our society's infrastructure. Households with dual incomes, single-person households, and even the elderly regularly use the service to receive essential goods ordered at night by the next morning. Established during the COVID-19 pandemic, this service has evolved beyond a mere marketing tool for companies, becoming a key component that enhances consumer convenience and boosts the competitiveness of the distribution industry.In this context, the

Lotte Shopping Shares Plunge 14% Despite Strong Q2 Performance Lotte Shopping Shares Plunge 14% Despite Strong Q2 Performance

Lotte Shopping's shares fell sharply in early trading on August 7, despite reporting strong second-quarter results that did not meet market expectations.As of 10:15 a.m. KST, Lotte Shopping's stock was trading at 98,400 won, down 16,100 won (14.06%) from the previous trading day, according to the Korea Exchange.The company announced that its consolidated revenue for the second quarter reached 3.485 trillion won, with an operating profit of 89.9 billion won. These figures represent increases of 4