LF OOFOS Sells 150,000 Pairs in Seven Months Since Launch
LF's American recovery shoe brand OOFOS has surpassed 150,000 pairs sold in just seven months since its launch in South Korea.According to LF, OOFOS's sales in June increased approximately 40 times compared to January, when sales began. By the end of last month, total sales exceeded 150,000 pairs, and the brand ranked first in the monthly rankings on Musinsa.LF attributed OOFOS's growth to the rising popularity of wellness lifestyles that prioritize comfort.The flagship product, the Original Bla
LabGenomics Hits Upper Limit on Expectations of U.S. Business Expansion
LabGenomics is experiencing a surge in stock prices following news of strengthening its sales system for expanding its diagnostic testing business in the United States.According to the Korea Exchange, as of 2:27 PM, LabGenomics shares rose by 173 won (29.93%) to 751 won compared to the previous trading day.The company announced that it held a National Sales Meeting in New Jersey last month, attended by sales personnel from across the U.S., which is believed to have boosted investor sentiment.Thi
SK Telecom's A.X K2 Evolves from Reactive to Proactive AI
"The most significant change in A.X K2 is the shift from a 'reactive AI' to a 'proactive AI' that can plan and execute tasks on its own," said Kim Tae-yoon, head of SK Telecom's (SKT) foundation model division, on August 4 in a statement released through the company's newsroom. He noted that the model's reasoning capabilities have been greatly enhanced to align with the era of agentic AI, expanding the overall model size to 688 billion parameters while maintaining an active parameter count of 33
Apple Temporarily Removes Telegram from App Store After Child Exploitation Material Found
Apple confirmed the discovery of child exploitation material and temporarily removed the messaging app Telegram from its App Store. After Telegram deleted the problematic content and blocked the user responsible, the app was restored.According to Bloomberg on August 3, users in the U.S., India, Australia, and Singapore were unable to download Telegram from the App Store for a period. The app is now available again in all regions.An Apple spokesperson stated, "During the review process, we found
Ecopro Reports 2nd Quarter Operating Profit of 32.9 Billion Won Amid Semiconductor Boom
Ecopro continued its profitable trend in the second quarter, driven by growth in its environmental business and improved profitability in its lithium operations due to a booming semiconductor market.The company reported consolidated sales of 820.8 billion won and an operating profit of 32.9 billion won for the second quarter. While sales decreased by 11.9% compared to the same period last year, operating profit surged by 102.7%, indicating improved profitability. Compared to the previous quarter
Military Confirms Approval of Drone Operations Amid Misunderstanding Claims
The Joint Chiefs of Staff (JCS) clarified on August 4 that the military had approved the operation of a drone, which was mistakenly identified as an enemy drone, prior to the issuance of the 'Crane' alert on August 3. This statement came in response to claims made by Seong Il-jong, a lawmaker from the People Power Party.In a text announcement, the JCS stated, "The drone flight in the northern Gyeonggi Province on August 3 was approved in advance by the 1st Corps, and the relevant operational uni
Record Heat Wave Exceeds 41°C, Preserving Green Spaces is the Solution
A record heat wave exceeding 41 degrees Celsius is transforming what was once a typical summer into a national disaster, with heat-related illnesses and fatalities reported. According to the National Statistical Office, 98% of households in South Korea have air conditioning, but access varies significantly by income level.A survey of low-income households by major local governments revealed that less than 20% own air conditioning units. More than one in three low-income families experience heat-
Taxpayer Funds Used for Cancun Trip During World Cup; Nine K-League Officials Reported to Police
During the 2026 FIFA North and Central America World Cup, representatives from taxpayer-funded K-League clubs who traveled to the resort city of Cancun, Mexico, have been reported to the police by civic groups.On the morning of August 4, at a press conference held at the National Assembly's communication hall, Kim Jae-won, a member of the National Assembly from the Justice Party, announced that nine representatives from local soccer clubs were reported to the National Police Agency for allegatio
Hyundai Engineering Deploys Water-Spraying Drones at Demolition Sites to Reduce Dust and Enhance Safety
Hyundai Engineering has introduced water-spraying drones at apartment demolition sites to enhance environmental and safety management. The drones are designed to reduce airborne dust and minimize the risk of accidents for workers in hard-to-reach areas.On August 4, Hyundai Engineering announced the successful completion of a demonstration project utilizing water-spraying drones for dust reduction at the Gwacheon Jugong 8 and 9 complex reconstruction site.This demonstration was conducted in a rea
Central Group Bond Victims' Lawyers Demand Clarity on Accounting Discrepancies
Central Group's bond investment victims' legal team has called for an investigation into contradictory conclusions regarding impairment losses on new capital securities issued by JTBC. In a statement on August 4, the legal team, which includes Lee Bok-hyun Law Office and Law Firm Changcheon, explained the issue of 'unrecognized impairment losses' outlined in their audit request. According to the materials presented by the legal team, a complex flow of funds occurred within Central Group in 2024.