LS Cable targets AI data center infrastructure with superconducting technology

LS Cable & System said Tuesday it signed a memorandum of understanding with the AI Factory Frontier consortium to jointly develop AI data center projects. The consortium brings together companies specializing in GPUs, power equipment, cooling, architecture and business development. The partnership covers AIDC projects from power demand and site assessment through infrastructure development. The company will use superconducting systems for external grids and bus ducts and fiber-optic cables for i

2026-09-01 17:10:56:00

Musinsa posts record earnings on offline, global expansion

Musinsa said Monday it has posted record first-half earnings with 821.7 billion won ($598.4 million) in consolidated sales, up 22 percent from the same period last year, as the Korean fashion retailer saw both its online and offline businesses grow at home and abroad. According to Musinsa, it logged 65.7 billion won in operating profit on a stand-alone basis during the January-to-June period this year, up 13.1 percent on year. In the second quarter alone, Musinsa opened 10 new stores across Kore

2026-08-31 15:04:22:00

Innocean lands Five Guys, California Lottery as US clients

Innocean Worldwide is expanding its roster of nonaffiliated clients in the US while consolidating its local operations in the Los Angeles area. The advertising company said Monday that it had recently secured Five Guys and the California Lottery as clients. Canvas Worldwide, Innocean’s US media subsidiary, was named media agency of record for Five Guys and the California Lottery. It will oversee integrated media strategy, planning and buying, data analytics and performance measurement. The compa

2026-08-31 14:56:58:00

Dunamu partners with Visa on next-generation financial services

Dunamu, operator of South Korea’s largest cryptocurrency exchange Upbit, said Friday it had partnered with global payments provider Visa to develop financial and payment services using stablecoins and AI. The companies unveiled a road map for the partnership on Thursday at Visa’s Global Market Support Center in San Francisco. Dunamu’s digital asset technology will be combined with Visa’s global payments network to explore stablecoin-based payment and remittance services in major markets. The two

2026-08-28 14:45:32:00

Cosmax joins launch of Indonesia’s first cosmetics science program

Cosmax, a global cosmetics original development and manufacturing company, said Friday that it is joining the launch of Indonesia’s first undergraduate program dedicated to cosmetics. The company will participate as an industry partner, seeking to foster local research and development expertise. Cosmax will take part in the launch of the bachelor’s program in cosmetology at the Faculty of Pharmacy of Universitas Padjadjaran in West Java, Indonesia. The new program is the country’s first undergra

2026-08-28 13:53:01:00

AREX upgrades Seoul Station airport terminal amid travel surge

Airport Railroad (AREX) said Friday it had completed renovations at the City Airport Terminal at Seoul Station to accommodate growing demand for convenient check-in experience. The facility enables travelers to check in, drop off baggage, and complete immigration procedures before they head to Incheon Airport. AREX’s express train ridership reached 2.66 million in 2025, up more than 35 percent from 2019. The terminal also handled 470,000 users over the year, an average of 1,302 per day. During p

2026-08-28 12:35:05:00

AbTis wins US patent challenge from Anjinmoto

AbTis, a South Korean biotechnology company developing antibody-drug conjugate technologies, said the US Patent Trial and Appeal Board has upheld its US patent covering the company’s exclusive AbClick platform. The review was initiated by Anjinmoto, which asserted that the patent failed to meet US requirements for written description, enablement and definiteness under Section 112 of the US Patent Act. They also claimed challenges based on anticipation under Section 102 and obviousness under Sect

2026-08-28 11:04:48:00

GM Korea boosts repair capacity at 380 service centers

GM Korea said Thursday it is strengthening its maintenance and customer service capabilities through a nationwide network of more than 380 service centers, including around 130 equipped for advanced electric vehicle repairs. As of August, the network comprised about 90 comprehensive service centers and 290 specialized locations. GM Korea supports the facilities through three company-operated service technology centers and one high-tech center. These provide training on new vehicles and repair te

2026-08-27 14:33:38:00

Musinsa takes Japan momentum into China, Southeast Asia

Musinsa is accelerating its expansion into China and Southeast Asia, building on rapid growth in Japan. Transaction volume through Musinsa’s Global Store in Japan surpassed last year’s full-year total within the first seven months of this year. The platform recorded average annual growth of 136 percent, while new membership registrations more than doubled from a year earlier. Musinsa established its Japanese subsidiary in 2021 and has since strengthened its presence through customer data analysi

2026-08-27 14:22:19:00

Daewoong secures US patent allowance for anti-aging mRNA technology

Daewoong Pharmaceutical has received a patent allowance from the US Patent and Trademark Office for an ionizable lipid technology used in its eTurna messenger RNA delivery platform. The allowance indicates that the patent application has been approved, although Daewoong must complete additional procedures before the patent is formally registered and enforceable in the US. The patent covers ionizable lipids used to form lipid nanoparticles. The nanoparticles are used to encapsulate mRNA strands t

2026-08-27 14:21:54:00