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Reporter : Kim Jae-heun
Fri, December 8, 2023 | 11:45
KT, Upstage join hands in paperless digital transformation biz
KT signed a memorandum of understanding (MOU) with Upstage, a local artificial intelligence (AI) startup, to promote paperless digital transformation (DX) jointly in the B2B sector, the company said Wednesday.
Doubts grow over Five Guys' potential in Korea
Doubts have been raised over the success of Five Guys in Korea as the U.S. burger brand is facing severe competition with other premium franchises amid soaring wages and the higher cost of ingredients, according to some food and beverage industry officials, Monday.
P&G Korea promotes use of eco-friendly products
Household goods maker P&G Korea is developing sustainable products to help consumers protect the environment, while improving awareness of climate change, the company said Monday. It recently conducted a global survey to understand local consumers' perceptions and practices of environmental sustainability.
Hyosung to build 'fiber value chain' in Vietnam
Industrial giant Hyosung is planning to build a “fiber value chain” in Vietnam by establishing a comprehensive production system for spandex, tire cords and raw materials, as well as finished products such as airbags, the business group said Friday.
AmorePacific's Etude House rebounds amid sales diversification
Etude House, a high street shop brand of AmorePacific, has made a successful rebound, posting its highest operating profit growth in the first quarter of this year. This success has been achieved due to the diversification of its retail channels and the efficient management of offline stores, according to company officials Thursday.
Jeep offers discounts over 18% until end of June
Jeep is providing a maximum 18.2 percent discount to customers who purchase its vehicles this month prior to a special consumption tax increase in July, the company said Thursday.
Coway promotes new water purifier as summer starts
Home appliance maker Coway is holding various promotional events to promote its ice maker and water purifier products at the start of the summer season, the company said Wednesday. Coway recently began marketing three ice maker and water purifier products: its Icon water purifier, AIS Water Purifier 3.0 and AIS Water Purifier 3.0 Sparkling.
Lexus launches first fully electric vehicles in Korea
Lexus, the luxury vehicle division of Toyota, launched its first fully electric vehicle (EV) the all-electric RZ and new generation RX series with three electric powertrains in the local market, the company's Korean branch said Wednesday.
Harim in dilemma over premium instant noodles amid growing pressure to lower prices
Harim is facing a dilemma over its premium instant noodles, launched under the brand The Misik, as the government intensifies pressure on instant noodles makers to lower their prices in line with falling international wheat prices, according to industry officials, Tuesday. Economy and Finance Minister Choo Kyung-ho suggested local instant noodles firms lower the prices of the...
Starbucks awards tumbler drawing contest winners
Starbucks Korea selected the winners of its tumbler drawing contest, called “Harmony,” aimed at raising public awareness on the issues faced by disabled people, the country's largest coffee chain said Tuesday.
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