Dongwon Industries Q3 net income down 38.3 % to $46.9 mil.

The Korea Times - Nov 10, 2026

Dongwon Industries on Tuesday reported a third-quarter net profit of 62.7 billion won ($46.9 million), down 38.3 percent from a year earlier. Operating income for the July-September period was 149.7 billion won, up 1.1 percent from a year ago, the fisheries and food distribution company said in a regulatory filing. Revenue also rose 6.6 percent to 2.75 trillion won.

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Ceragem earns 9 CES Innovation Awards for AI-powered health care products

Nov 10, 2026

Ceragem earns 9 CES Innovation Awards for AI-powered health care products

Health care equipment maker Ceragem has won nine CES 2027 Innovation Awards for eight products on Tuesday, marking its fourth consecutive year of recognition and bringing its cumulative total to 30 awards. The company has previously won three awards in 2024, six in 2025 and 12 in 2026. This year’s awards include products designed to meet the health care needs of different age groups, from infants and young children to older adults. The eight award-winning products are: Ceragem artificial intelligence (AI) Wellness Home, Therapier AI Multi Boosting Capsule, Youridm AI Muscle Longevity System, AI Sleep Recovery Pillow, AI Pet Wellness Suite, AI Neuro Focus Office Chair, Senior Wellness Sofa with AI Adaptive Care and AI Sensor Pod & Smart Crib. Ceragem AI Wellness Home, which won an award in the AI category, uses physical AI to analyze users' biometric data and daily routines, assess their health status and automatically adjust connected home environments and health care devices to their needs. The platform brings together connected devices, health data and services to deliver personalize

LS Eco Energy makes push for world's 1st mass production of samarium

Nov 10, 2026

LS Eco Energy makes push for world's 1st mass production of samarium

LS Eco Energy, a subsidiary of LS Cable & System, said Tuesday it will begin trial production of samarium metal in December, with the goal of becoming the world's first company to mass-produce the key material for permanent magnets using non-Chinese raw materials. The move is part of the company's efforts to establish a supply chain independent of China ahead of new U.S. restrictions on rare earth materials used in defense applications. According to the company, LS Eco Energy is investing 11.6 billion won ($8 million) to build a samarium metal production facility at its subsidiary LSCV in Ho Chi Minh City, Vietnam. The company plans to begin trial production in December before moving to full-scale mass production. The facility's annual output of 240 tons of samarium metal would be sufficient to produce approximately 700 to 1,000 tons of samarium-cobalt (SmCo) permanent magnets. Samarium is a key material for SmCo permanent magnets, which retain their magnetic strength at high temperatures. SmCo magnets are used in aerospace and defense applications, including fighter jets and missiles. St

Boston Dynamics' Atlas robot pulls off 360-degree spinning jump on wheels instead of feet

Nov 10, 2026

Boston Dynamics' Atlas robot pulls off 360-degree spinning jump on wheels instead of feet

Boston Dynamics' humanoid robot Atlas has successfully performed a challenging aerial maneuver, jumping into the air, spinning 360 degrees and landing like a figure skater — all while equipped with wheels instead of feet. The robotics company, a subsidiary of Hyundai Motor Group, released a video Monday showing a wheeled version of Atlas performing a series of demanding movements designed to test the limits of its motors and whole-body control technology. The 2-minute, 50-second video shows Atlas rapidly moving sideways while changing direction on its wheels, executing a full 360-degree spinning jump, balancing on one wheel with the other leg raised and lifting itself off the floor before accelerating forward. The robot successfully completed the 360-degree spinning jump on its first attempt. The achievement followed efforts by the development team to narrow the gap between computer simulations and real-world hardware through a process known as "sim-to-real" transfer. Engineers also used reinforcement learning, a machine-learning technique in which robots improve their performance throu

Seoul Metro union threatens Nov. 25 general strike over wage, hiring disputes

Nov 10, 2026

Seoul Metro union threatens Nov. 25 general strike over wage, hiring disputes

The largest of three labor unions at Seoul Metro threatened Tuesday to launch a general strike on Nov. 25 unless its demands, including additional staff recruitment and wage increases, are met. Union 1 of Seoul Metro, which operates subway Lines 1-8 and parts of Line 9, issued the warning at a news conference following a meeting of senior union members. The union initially sought a 5.2 percent wage increase but lowered its demand to 3.5 percent in negotiations with management. It also calls for scrapping a plan to cut 2,212 jobs and hiring an additional 1,313 workers this year to address staff shortages. Other demands include state funding for public services and a requirement that all field work be performed by two-person teams. The union said 7,782, or 84.6 percent, of its 9,201 members recently participated in a vote, with 6,715, or 86.3 percent of those who voted, backing the strike plan. Unions 2 and 3 also approved the strike plan, with 80.8 percent and 94.9 percent of their respective members voting in favor. Union 1 said it and Union 2 plan to launch a "work-to-rule" campaign on N

F&F Q3 net income down 34.6% to $49.3 mil.

Nov 10, 2026

F&F Q3 net income down 34.6% to $49.3 mil.

F&F on Tuesday reported its third-quarter net income of 65.9 billion won ($49.3 million), down 34.6 percent from a year earlier. Operating income for the July-September period was 108.4 billion won, down 15.3 percent from a year ago, the fashion and beauty retailer said in a regulatory filing. Sales also backtracked 4.7 percent to 452.1 billion won. The earnings fell behind market expectations. The average estimate of net profit by analysts stood at 96.7 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.

LG Energy Solution secures CES Innovation Award for battery diagnostic software

Nov 10, 2026

LG Energy Solution secures CES Innovation Award for battery diagnostic software

LG Energy Solution has won a CES 2027 Innovation Award for software that can assess the condition and remaining performance of used batteries, marking the second consecutive year the company has been recognized for a software-based solution. The company said Tuesday that its Re.Pulse solution, which assesses the health and remaining performance of used batteries, was named an honoree in the awards' Vehicle Tech and Advanced Mobility category. The system sends specific electrical pulses through a battery, measures changes in voltage and analyzes the data using its proprietary AI model to quickly assess the battery's condition. The company said the assessment will allow operators to determine whether a used battery is best suited for reuse, remanufacturing or recycling, helping get the most value out of each battery. "This CES Innovation Award recognizes the strength of our battery diagnostic technology and software capabilities," a company official said. "We will continue to advance our diagnostic and management technologies to unlock greater value from used batteries and help build a sus

Samsung SDI wins CES Innovation Award for UPS battery solution

Nov 10, 2026

Samsung SDI wins CES Innovation Award for UPS battery solution

Samsung SDI has won CES 2027 Innovation Award for its prismatic battery solution for uninterruptible power supply (UPS) systems. The battery maker said Tuesday that its SDI U8A3-UPS was named an honoree in the awards’ Enterprise Tech category. A UPS is a battery-based backup system that supplies emergency power to critical facilities, including data centers, when the main power supply is unexpectedly interrupted. "This award recognizes the innovation of a critical power solution for the artificial intelligence era," a company official said. "We will continue to lead the market with products that combine the performance and safety our customers demand." The company explained that its solution stands out for its high-power output, high energy density and fire safety. Using lithium manganese oxide prismatic cells, the battery offers high power output and energy density while taking up 33 percent less space than existing products. This allows operators to maintain a stable power supply with fewer battery units. The system is also designed to provide additional power when electricity demand s

Kolmar Korea's AI lipstick system wins CES beauty tech award

Nov 10, 2026

Kolmar Korea's AI lipstick system wins CES beauty tech award

Kolmar Korea's artificial intelligence (AI)-powered lipstick system, ChromaFlow, won the Best of Innovation award in the beauty technology category for CES 2027, marking the first case of consecutive wins in the category, the company said Tuesday. ChromaFlow also received an Innovation Award in the AI category, while its LumiJet Pro skin care device won another award in that category, bringing Kolmar Korea’s total honors at CES 2027 to three across two products. The company said the recognition follows its award for the Scar Beauty Device, an AI-based wound care and makeup coverage device, at CES 2026. It plans to exhibit both award-winning products at the Venetian Expo in Las Vegas during CES 2027, scheduled for Jan. 6 to 9. ChromaFlow is designed to reproduce a lip color while accounting for differences in users’ lip tones, which can affect how the same lipstick shade appears on different people. When held against the lips, an optical sensor analyzes their condition. The system then calculates a customized formula and combines material from seven color cartridges to produce a lip p

Antitrust review of Naver's Dunamu takeover to conclude by year-end

Nov 10, 2026

Antitrust review of Naver's Dunamu takeover to conclude by year-end

The Fair Trade Commission (FTC) has launched a formal review of Naver Financial’s planned acquisition of Dunamu, saying the deal could substantially restrict competition across multiple markets, including online payments and digital asset exchanges, the watchdog said Tuesday. The deal involves a comprehensive stock swap under which Naver Financial would acquire all shares of Dunamu. In return, Dunamu shareholders would receive about 2.54 shares of Naver Financial for each Dunamu share. Dunamu is the operator of the nation’s leading crypto exchange Upbit. If completed, Naver Financial would become Dunamu’s sole parent company, while Dunamu would become its wholly owned subsidiary. The proposed acquisition raises competition concerns in several relevant markets. The companies submitted proposed remedies to ease such concerns, and the FTC initiated a review of the measures proposed by the two firms. Naver Financial seeks to bring one of Korea’s largest digital asset exchanges into its financial portfolio. The watchdog is expected to hold a hearing on the case soon. Final approval, re

Everland's newest panda Shubao draws 50,000 visitors in 10 days

Nov 10, 2026

Everland's newest panda Shubao draws 50,000 visitors in 10 days

Shubao, the youngest giant panda at Everland, has drawn about 50,000 visitors in roughly 10 days since she first went on public view, the theme park’s operator said Tuesday. Samsung C&T’s resort division, which runs Everland in Yongin, Gyeonggi Province, said the cub began appearing at the park’s Panda World enclosure on Oct. 30. She was on view for about an hour a day in her first week. Everland has since raised that to three to four hours as she gets used to visitors. Shubao was born June 3 to mother Aibao and father Lebao. She is the fourth giant panda born in Korea, after Fubao in 2020 and twins Ruibao and Huibao in 2023. Fubao moved to China in April 2024. Crowds are also coming to see the twins before they leave for China in the third week of December. Under international conservation rules, giant pandas born outside China must move there before they turn 4, when they reach breeding age. About 100,000 people have visited the twins at their enclosure in the month or so since Everland announced their departure. The twins will start a month of quarantine on Friday, but will stay

Singapore gets some Disney magic with D23 Asia: The Ultimate Disney Fan Event

Nov 10, 2026

Singapore gets some Disney magic with D23 Asia: The Ultimate Disney Fan Event

The event is set to take place in June 2027, with tickets coming out at the end of November 2026.

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