Author: Seoul Reporter

Prime executives from LG Group and Mercedes-Benz pose for a commemorative picture on Nov. 13 at LG Twin Tower in Yeouido, Seoul, after discussing growth plans for “One LG” resolution collaboration that consolidates LG’s automotive components enterprise capabilities. From left: Kulsat Kartal, head of Mercedes-Benz R&D Korea Heart; Ida Wolf, basic supervisor of Mercedes-Benz Company Division; Mathias Vaitl, CEO of Mercedes-Benz Korea; Ola Källenius, chairman of Mercedes-Benz; Cho Joo-wan, CEO of LG Electronics; Jung Cheol-dong, CEO of LG Show; Kim Dong-myung, CEO of LG Power Answer; Moon Hyuk-soo, CEO of LG Innotek. (Picture courtesy of LG Electronics) …

A humanoid robotic’s extremely anticipated debut rapidly went awry when it stumbled onstage at a know-how showcase in Moscow on Tuesday.Backed by the theme tune of “Rocky,” the robotic, accompanied by two individuals, waddled onto the stage earlier than a room filled with journalists able to catch a glimpse of what the builders referred to as “Russia’s first anthropomorphic robotic with synthetic intelligence.” However in a scene resembling the tip of a messy night time on the bar, because the robotic tried to wave its proper hand, it stumbled round earlier than falling flat, face-first.

Then-President Yoon Suk-yeol (proper) speaks to then-Protection Minister Kim Yong-hyun throughout a navy parade for Armed Forces Day on Oct. 1, 2024. Each have now been charged with treason, on high of standing trial on expenses of revolt. (Hankyoreh file picture) Earlier this week, a particular counsel indicted Korea’s deposed former president, Yoon Suk-yeol, and two different key figures in final 12 months’s martial regulation disaster on expenses of “benefitting the enemy,” which constitutes treason underneath South Korea’s felony code. The treason expenses towards Yoon, his former protection chief, Kim Yong-hyun, and his counterintelligence commander, Yeo In-hyeong, got here after the…

ADOR’s official announcement that Haerin and Hyein could be returning was quickly adopted by a press release from Danielle, Minji and Hanni expressing their intent to return to the label Ok-pop woman group NewJeans. (courtesy of ADOR) After a prolonged authorized dispute over their unique contract, all 5 members of the Ok-pop group NewJeans are to return to ADOR, their administration company. This determination comes a 12 months after the members declared that they have been going their separate methods with ADOR in November 2024 and commenced to pursue work impartial of the label. ADOR introduced in an official assertion Wednesday…

A view of LG Chem’s Gumi cathode materials plant (Photograph courtesy of LG Chem) LG Chem has signed a cathode materials provide contract price 3.762 trillion received with U.S. electrical vehicle-related corporations, the corporate introduced on Nov. 13. The contract interval extends till the top of July 2029, with the contracting occasion not disclosed. LG Chem has secured whole cathode materials manufacturing capability of 150,000 tons, together with 60,000 tons at its home Cheongju plant and 40,000 tons at its Gumi plant, in addition to 50,000 tons at its Wuxi plant in China. LG Chem, leveraging notably its…

Overseas Minister Cho Hyun has requested U.S. Secretary of State Marco Rubio to assist velocity up the deliberate launch of a joint summit doc on commerce and safety, Seoul’s international ministry stated Thursday, amid a protracted delay within the announcement.Cho made the request throughout their temporary encounter that happened on the sidelines of the Group of Seven (G7) international ministers’ assembly in Canada, as Seoul and Washington have but to make public their joint reality sheet outlining the result of the latest Oct. 29 summit talks between President Lee Jae Myung and U.S. President Donald Trump.The joint reality sheet is…

A particular counsel workforce investigating alleged collusion between the Unification Church and former first girl Kim Keon Hee has estimated the variety of church believers who joined the then ruling Individuals Energy Celebration (PPP) forward of its 2023 management election to be round 2,000, judicial officers stated Thursday.The estimate was disclosed by particular counsel Min Joong-ki’s workforce on Nov. 7, when it moreover indicted Kim, shaman Jeon Seong-bae and Unification Church chief Han Hak-ja on costs of violating the Political Events Act.Min’s workforce concluded that Kim and Jeon conspired to recruit a lot of Unification Church members to help a…

Mercedes-Benz Group Chairman Ola Kallenius held high-profile enterprise conferences Thursday with high executives from Samsung and LG to strengthen their auto components partnership amid the shift to electrification.He met with Samsung Electronics Government Chairman Lee Jae-yong and a gaggle of different CEO-level officers from the 2 Korean conglomerates. This marks the primary go to by the Mercedes-Benz chief to Korea since 2023.The Mercedes-Benz chief was extensively anticipated to debate future ties with the carmaker’s main Korean shoppers in areas akin to batteries, in-vehicle shows and auto chips, as the luxurious automaker undergoes a serious shift to electrification.The main target is…

  A 115,000-ton petrochemical service constructed by Ok Shipbuilding (Picture courtesy of Ok Shipbuilding) Taekwang Group has entered the acquisition battle for Ok Shipbuilding alongside Texas Pacific Group (TPG), a worldwide personal fairness fund (PEF). In accordance with the funding banking (IB) trade on Nov. 13, Taekwang Group fashioned a consortium with TPG and just lately submitted a letter of intent (LOI) to the promoting facet for Ok Shipbuilding’s administration rights. The present largest shareholder of Ok Shipbuilding is the United Asset Administration (UAMCO) and KHI consortium, which holds a 99.58% stake. The…

S-OIL CEO Anwar Al Hejazi receives the Gold Tower Order of Industrial Service Benefit from Minister of Commerce, Trade and Vitality Kim Jung-kwan and poses for a commemorative photograph. / From left: Minister of Commerce, Trade and Vitality Kim Jung-kwan, S-OIL CEO Anwar Al Hejazi S-OIL CEO Anwar A. Al-Hejazi has received the Gold Tower Order of Industrial Service Benefit for considerably contributing to Korea’s financial system on the 2025 International Firm Day ceremony held at Grand Intercontinental Seoul Parnas on November thirteenth. He was acknowledged as an individual of advantage for his important contributions…