Former Prime Minister Han Duck-soo and former Minister of the Interior and Safety Lee Sang-min, who are facing charges related to their involvement in the December 3 emergency martial law, will have their cases reviewed by the Supreme Court's full bench.On August 5, the Supreme Court announced, "The cases of former Prime Minister Han and former Minister Lee are of significant public interest and require historical judicial evaluation. Since the defendants are in a complicit relationship, they ne

Samsung Electronics and SK Hynix have made progress in securing a 'carbon-neutral power grid,' which has been a significant hurdle in the global AI chip procurement race. With major tech companies pushing for RE100 (100% renewable energy usage), the government is moving towards national legislation, alleviating uncertainties surrounding renewable energy procurement for the Yongin semiconductor cluster.According to the government and industry sources on August 5, the Yongin semiconductor cluster,

As high inflation persists, consumers are applying stricter standards to car purchases, emphasizing 'value consumption.' Renault Korea is responding by offering a new purchasing experience that has garnered positive feedback.According to industry sources, Renault Korea has launched a '60-Day Return Guarantee Program' for its mid-size SUV, the Grand Koleos. Customers can test drive the vehicle for 30 to 60 days, and if they are not satisfied, they can return it under certain conditions. This prog

The won-dollar exchange rate, which fluctuated in the mid-1500s, has recently dropped nearly 7% over the past month. While sectors heavily reliant on energy and raw material imports are expected to benefit, export companies in industries such as automotive and electronics may see a decline in profitability due to reduced exchange gains during the conversion process. Concerns have been raised about the increased uncertainty in management caused by rapid exchange rate volatility.On August 5, the w

Samsung Electronics is experiencing varied financial impacts across its business divisions due to the recent decline in the won-dollar exchange rate. While demand and price increases for memory used in artificial intelligence (AI) servers are offsetting currency losses in the semiconductor sector, the mobile and TV & home appliance divisions are facing potential revenue declines.As of recent reports, the won-dollar exchange rate is trading between 1,420 and 1,430 won. Although the easing of high

Samsung Electro-Mechanics is accelerating its production capacity for multilayer ceramic capacitors (MLCC) in response to increased investment in artificial intelligence (AI) infrastructure. The company is aggressively expanding its capital expenditure (CAPEX) due to a surge in demand for high-value MLCCs used in AI servers and data centers.According to Samsung Electro-Mechanics' financial performance report released on August 5, the company's capital investment for the second quarter reached 60

South Korea's pharmaceutical and biopharmaceutical industries are recognized for their technological capabilities, but the underlying industrial infrastructure remains a challenge. As China leverages its capital, clinical trial capabilities, and commercialization strengths to penetrate the global market, analysts suggest that South Korea must improve its overall ecosystem.According to the Korea Bio Association's Bio Economy Research Center, as of this year, South Korea has 3,259 new drug pipelin

China's biotechnology industry is emerging as a key player that is shaking up the U.S.-centric global drug market. Amid U.S.-China competition and the pandemic, the strategic value of the pharmaceutical and biotech sectors has increased, with China rapidly establishing its presence in innovative drugs and advanced biotechnologies, supported by a vast domestic market and government backing.According to market research firm Grand View Research, the size of China's biotechnology market is expected

Baek In-kyu, the leader of the anti-feminist group New Men's Alliance, has died at the age of 36.According to police, Baek was found dead around 8 a.m. in an apartment on Yeongjong Island in Incheon. He was reportedly living with his girlfriend, and no suicide note was discovered at the scene.Authorities currently see no signs of foul play and are investigating the exact circumstances surrounding his death.Baek led the New Men's Alliance, which advocates for men's rights and opposes feminism, an