Author: Seoul Reporter

Samsung Electronics Co. has launched its first crew devoted solely to mergers and acquisitions, an indication the South Korean tech large is gearing up for main offers once more after an eight-year lull because it appears for brand spanking new development drivers in synthetic intelligence, biotechnology and superior chips.

Jeonbuk Nationwide College (JBNU) earned the highest rating amongst provincial nationwide universities within the 2025 Service High quality Index analysis performed by the Korea Requirements Affiliation. This marks the eighth consecutive 12 months the college has claimed first place amongst its friends and the tenth time in whole since 2012.The analysis surveyed enrolled college students — excluding freshmen — and measured efficiency in 4 main areas: service end result high quality, service interplay high quality, service setting high quality and social worth, utilizing eight detailed indicators by way of one-on-one interviews and on-line panel strategies. JBNU achieved scores of 80…

Samsung Electronics’ newly launched enterprise help division has created a group devoted to merger and acquisition (M&A) tasks, trade sources mentioned Thursday, elevating expectations the Korean tech large will pace up efforts to pursue new takeover offers.In response to the sources, Samsung Electronics’ enterprise help division, which kicked off final week by reorganizing a process drive launched in November 2017 after Samsung Group closed its Future Technique Workplace, has shaped a separate group for M&A tasks.The group is led by Ahn Joong-hyun, president at Samsung Electronics who oversaw the corporate’s earlier acquisition tasks, together with the takeover of U.S. automotive…

Korea on Thursday known as for the European Union’s efforts to guard Korean firms within the newest spherical of their free commerce settlement (FTA) committee assembly amid the EU’s plan to implement stronger metal safeguard measures.The 2 sides held the thirteenth Committee on Commerce in Items assembly in Seoul to debate tariff and non-tariff points amid the latest unfold of worldwide commerce protectionism, in keeping with the Ministry of Commerce, Trade and Vitality. The committee was established after the bilateral FTA between Korea and EU took impact in 2011.Within the assembly, Seoul urged the EU to plot a “favorable” resolution…

WASHINGTON — The highest diplomats of the Group of Seven (G7) nations Wednesday reaffirmed their dedication to the “full” denuclearization of North Korea and denounced the recalcitrant regime’s advancing nuclear and ballistic missile applications.The chief diplomats of the US, Canada, France, Germany, Italy, Britain, Japan and the Excessive Consultant of the European Union issued a joint assertion after they met underneath Canada’s presidency in Niagara-on-the-Lake, Ontario, on Tuesday and Wednesday.”We strongly condemned the DPRK’s nuclear and ballistic missile applications and reaffirmed our dedication to the entire denuclearization of the DPRK, in accordance with related U.N. Safety Council Resolutions,” the assertion…

Former Justice Minister Park Sung-jae attended an arrest warrant listening to at a courtroom Thursday over his alleged position in former President Yoon Suk Yeol’s failed imposition of martial legislation.The listening to was held on the Seoul Central District Court docket after particular counsel Cho Eun-suk’s workforce utilized for a warrant to detain Park for the second time Tuesday.The courtroom rejected the particular counsel’s earlier request to place Park underneath arrest final month, citing inadequate proof to justify detention.Park is accused of taking part in a key position in Yoon’s martial legislation imposition and alleged rebellion, similar to by ordering…

1st CU retailer in Hawaii – The Korea Occasions BGF Retail Vice Chairman Hong Jung-kuk, second from left, poses with Robert Kurisu, second from proper, CEO of CU Hawaii LLC, in entrance of BGF Retail’s first CU comfort retailer in america, situated in Honolulu, Hawaii, Wednesday (native time). CU Hawaii LLC, a subsidiary of Hawaii-based WKF, operates CU Downtown on Oahu beneath a grasp franchise settlement signed in Might. WKF, with 40 years of expertise in actual property, property improvement, distribution, publishing and media, will assist BGF Retail develop CU to 50 areas throughout Hawaii inside three years. Hawaii is…

Semiconductor chips are seen on a printed circuit board on this illustration image. (REUTERS) Final month, South Korea’s info and communication expertise (ICT) exports recorded their highest-ever degree for the month of October. Semiconductors, a key export merchandise, led the export development as demand elevated for DRAM and high-value-added reminiscence for synthetic intelligence (AI) servers. In line with the “October ICT Export and Import Developments” launched on Nov. 13 by the Ministry of Commerce, Trade and Assets and the Ministry of Science and ICT, ICT exports final month reached $23.33 billion, a rise of 12.2%…

Far East Broadcasting Firm (FEBC)-Korea commemorated fallen troopers of the 1950-53 Korean Struggle and the seventy fifth anniversary of the Incheon Touchdown Operation with its annual fall live performance at Lotte Live performance Corridor in southern Seoul on Tuesday.The occasion coincided with U.N. Veterans Worldwide Memorial Day, designated to honor troopers who fought underneath the United Nations flag throughout the battle. Korea has noticed the day since 2007.The live performance’s lineup featured soprano Jungwon Choi, tenor John Noh, bass-baritone Yoo Myung-heon, the Principally Philharmonic Orchestra and the FEBC Kids’s Choir.The 100-minute program opened with John Williams’ “Superman” theme tune by…

Choi Un-jae, govt vice chairman of NH Nonghyup Financial institution’s Digital Technique Enterprise Division, make a presentation on the Singapore Fintech Competition (SFF) held on Nov. 11. (Photograph courtesy of NH Nonghyup Financial institution) NH Nonghyup Financial institution introduced on Nov. 13 that it’s selling the “Tax Refund Digitization PoC (Proof of Idea)” to digitize the value-added tax (VAT) refund course of that abroad vacationers obtain after buying items. The core of this pilot undertaking is to automate the prevailing complicated handbook VAT refund procedures utilizing blockchain expertise and set up a real-time refund system by making…