Samsung wins injunction against TCL in Germany

Samsung Electronics has won a temporary injunction against Chinese appliance-maker TCL in Germany, barring TCL from using the contested TV brand name in the European Union. Samsung filed an injunction lawsuit in November against TCL’s German subsidiary at the Dusseldorf Regional Court, alleging that TCL’s Nxtframe infringes on the trademark of Samsung’s The Frame TV, according to sources. The court ruled in Samsung’s favor on Feb. 26, following an oral hearing on Jan. 29, where it found a likeli

March 12, 2025

LG weighs response to Trump's proposed TV tariffs

LG Electronics is grappling with anticipated tariffs from the administration of US President Donald Trump on imported televisions. However, building a new manufacturing facility in the US immediately would be challenging due to logistical hurdles, an official said Tuesday. Baik Sun-pil, the LG Electronics vice president leading the company’s TV product planning division, made the remarks as the company unveiled its 2025 lineup of organic light-emitting diode and quantum nanocell-emitting diode T

March 11, 2025

K-Nvidia: Bold vision or political misstep?

Opposition leader’s state-owned tech proposal faces reality check South Korean opposition leader Lee Jae-myung’s recent proposal to establish a big tech company akin to Nvidia, but one that is state-backed and profit would be distributed among citizens, has sparked a heated debate among business and political circles here. “If a company like Nvidia were to be established (in Korea), with 70 percent of shares privately owned and 30 percent distributed among citizens, wouldn’t a society emerge tha

March 11, 2025

Fact-checking Trump's tariff claim about South Korea. What are his real motives?

Trump's exaggeration seen as strategic move to pressure Korea on trade, security US President Donald Trump's March 4 claim that South Korea levies tariffs four times higher than those of the US has sparked controversy about its accuracy as well as concerns about the possible intent behind the statement. “China’s average tariff on our products is twice what we charge them, and South Korea’s average tariff is four times higher,” Trump said in a speech at a joint session of Congress last week. “Thi

March 10, 2025

LG chief visits India in search of new growth strategies

Koo Kwang-mo's trip comes as LG Electronics eyes India as key growth driver and prepares for IPO LG Group Chairman Koo Kwang-mo recently visited India as part of the group's crown jewel, LG Electronics' efforts to explore future growth strategies and expand market presence in the region. His trip came as LG Electronics prepares for the IPO of its Indian unit this year, valued at approximately $15 billion, in a bid to tap into the bustling Indian capital market. According to LG Group on Tuesday,

March 4, 2025

Korean firms must not be placed at a disadvantage in US tariffs: minister

South Korean Industry Minister Ahn Duk-geun has requested a tariff exemption from the US but has also made clear that if President Donald Trump goes ahead with his tariff plans, Korean firms should not be placed at a disadvantage compared to other countries. Ahn made these requests to his US counterparts during his visit to Washington last week, where he met with US Secretary of Commerce Howard Lutnick, US Trade Representative Jamieson Greer and Interior Secretary Doug Burgum, among others. His

March 3, 2025

Microsoft's new quantum computing chip: A game changer?

As the US, China accelerate quantum innovation, Korea struggles with talent shortages, investment gaps On Feb. 19, Microsoft announced a major breakthrough in the nascent quantum computing sector, unveiling Majorana 1, the tech giant’s first quantum computing chip that utilizes a new state of matter. The new processor, powered by what is known as topological qubits, enables the development of quantum computers “capable of solving meaningful, industrial-scale problems, in years, not decades,” acc

March 3, 2025

Main opposition files impeachment motion against Interior Minister Lee Sang-min

The main opposition Democratic Party of Korea on Saturday filed an impeachment motion against Minister of Interior and Safety Lee Sang-min, accusing him of involvement in President Yoon Suk Yeol's short-lived imposition of martial law this week. The liberal party said in a statement that it submitted the impeachment motion to the National Assembly at 10:30 a.m. The party plans to report the motion during Saturday’s plenary session, where the vote on President Yoon’s impeachment

Dec. 7, 2024

Obesity, risky drinking on the rise among women in 20s and 30s

Obesity rates among women in their 20s and 30s in South Korea surged significantly last year, while risky drinking behaviors also climbed among women despite a drop among men, government data showed on Tuesday. The overall obesity rate in Korea was about 37.2 percent last year, according to a survey of approximately 10,000 people conducted by the Korea Disease Control and Prevention Agency. The agency's annual health examination survey revealed men had an obesity rate of 45.6 percent in 2

Dec. 4, 2024

Stocks tied to political leaders surge following martial law repeal

Shares in companies linked to prominent South Korean political figures surged Wednesday, following the repeal of martial law and a renewed impeachment push against President Yoon Suk Yeol. The sharp rise in stocks seen as politically affiliated appears to be attributed to President Yoon's precarious position following his declaration and subsequent revocation of martial law. As Yoon's grip on power weakens, investors are increasingly betting on stocks linked to prominent presidential

Dec. 4, 2024