Science
China’s AI chipmakers report first profits, but will the trend continue?
Nov 6, 2026

China’s AI chipmakers report first profits, but will the trend continue?

China’s pure-play artificial intelligence chipmakers crossed an important milestone in the third quarter as several firms swung into profit, but severe supply chain hurdles and soaring memory costs cl...

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Nvidia finalizes payment of $1 bil., acquires over 4% stake in Naver
Nov 6, 2026

Nvidia finalizes payment of $1 bil., acquires over 4% stake in Naver

Nvidia Corp. has finalized its payment of $1 billion of investments to Naver Corp. on Friday and acquired 4.13 percent of the portal operator's shares through a third-party rights offering. The South ...

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Temu says 91% of surveyed Korean sellers report business gains
Nov 6, 2026

Temu says 91% of surveyed Korean sellers report business gains

Chinese e-commerce platform Temu said Friday that a survey it conducted found that 91 percent of Korean sellers reported improvements in their businesses after joining the online marketplace, includin...

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Samsung Biologics labor dispute drags on as union stages another strike
Nov 6, 2026

Samsung Biologics labor dispute drags on as union stages another strike

Samsung Biologics' unionized workers staged another strike Friday, as wage and collective bargaining negotiations between labor and management have dragged on for more than six months. With global riv...

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Lotte Chemical remains in red in Q3
Nov 6, 2026

Lotte Chemical remains in red in Q3

Lotte Chemical Corp. on Friday reported its third-quarter net loss of 289.8 billion won ($213.6 million), remaining in the red compared with a year ago. The company, which makes advanced chemical prod...

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Hanwha Engine Q3 net profit down 61.7% to $8.6 mil.
Nov 6, 2026

Hanwha Engine Q3 net profit down 61.7% to $8.6 mil.

Hanwha Engine on Friday reported its third-quarter net income of 11.6 billion won ($8.6 million), down 61.7 percent from a year earlier. The company, which is part of Korea's largest weapons producer ...

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4 decades on, Maestro charts new course in Italian elegance
Nov 6, 2026

4 decades on, Maestro charts new course in Italian elegance

Introduced in 1986, LF's premium menswear brand Maestro is one of Korea's longest-running menswear labels, having spent four decades adapting its styles and sizing to better suit Korean men's physique...

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Hankook Tire & Technology Q3 net income down 59.5% to $116.2 mil.
Nov 6, 2026

Hankook Tire & Technology Q3 net income down 59.5% to $116.2 mil.

Hankook Tire & Technology on Friday reported its third-quarter net income of 157.9 billion won ($116.2 million), down a sharp 59.5 percent from a year earlier. The firm, one of the largest tire makers...

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Kia to invest $2.2 bil. in Gwangju to build PBV mobility ecosystem by 2029
Nov 6, 2026

Kia to invest $2.2 bil. in Gwangju to build PBV mobility ecosystem by 2029

Kia Corp. said Friday it will invest 3 trillion won ($2.2 billion) through 2029 in the southwestern city of Gwangju to establish an ecosystem for purpose-built vehicles (PBVs). The Korean automaker si...

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Nongshim takes Shin Ramyun food truck to northeastern India
Nov 6, 2026

Nongshim takes Shin Ramyun food truck to northeastern India

Korean food company Nongshim is running a Shin Ramyun food truck in northeastern India to build its brand in a market of 1.4 billion people, the company said Friday. The truck started its tour Oct. 30...

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