CJ CheilJedang recallls Bibigo dumplings over plastic contamination

SEOUL, October 25 (AJP) - South Korea's leading food manufacturer CJ CheilJedang is recalling certain batches of Bibigo-branded kimchi dumplings because of possible plastic contamination. The recall covers 400-gram packages of Bibigo Authentic Kimchi Dumplings with an expiration date of June 23, 2025, the Ministry of Food and Drug Safety said on Thursday. "We are voluntarily initiating this recall with consumer safety as our top priority and will strengthen our quality c

October 25, 2024

Samsung expands Galaxy AI language support to 20 languages

SEOUL, October 24 (AJP) - Samsung Electronics announced it will expand its Galaxy AI language support from 16 to 20 languages, adding Dutch, Romanian, Swedish, and Turkish, with the new language packs available for download from late October. The AI features include real-time call interpretation, chat assistance, note assistance, text conversion, and browsing assistance across multiple Samsung devices, including the Galaxy Fold6, Flip6, S24 series, and Tab S10 series. The existin

October 24, 2024

Hyundai Motor reports drop in quarterly operating profit on warranty costs

SEOUL, October 24 (AJP) - SEOUL, October 24 (AJP) - South Korea's largest automaker Hyundai Motor reported a 6.5 percent decline in third-quarter operating profit to 3.58 trillion won (US$2.59 billion), falling short of market expectations due to warranty-related provisions in the United States. Revenue rose 4.7 percent to 42.93 trillion won, marking the highest third-quarter sales in the company's history, despite a 3.2 percent decline in global sales volume to 1.01 million

October 24, 2024

LG Electronics Q3 profit falls despite record sales

SEOUL, October 24 (AJP) - SEOUL, October 24 (AJP) - LG Electronics reported record third-quarter sales of 22.18 trillion won (US$16.4 billion) on Thursday, but operating profit fell 20.9 percent from a year earlier to 751.9 billion won as higher logistics costs and LCD panel prices squeezed margins. The South Korean tech giant's key home appliance division posted an operating profit of 527.2 billion won on sales of 8.34 trillion won, while its entertainment unit, which includes

October 24, 2024

LG CNS introduces ERP testing solution to Japan

SEOUL, October 24 (AJP) - Korea's IT solutions provider LG CNS introduced its automated testing solution, PerfecTwin ERP (enterprise resource planning) Edition, in Japan. The company said Thursday it showcased the solution at Japan IT Week Autumn, the country's largest IT exhibition, held in Chiba from Wednesday to Friday. The solution, specifically designed for German software firm SAP SE's SAP ERP systems, utilizes actual transaction data rather than sampling to ver

October 24, 2024

SK hynix posts record quarterly earnings on AI chip boom

SEOUL, October 24 (AJP) - South Korean chipmaker SK hynix on Thursday reported its highest-ever quarterly sales and profits, driven by surging demand for artificial intelligence memory chips. The world's second-largest memory chip manufacturer said in a regulatory filing it posted 17.57 trillion won ($13 billion) in revenue for the third quarter, up 93.8 percent from a year earlier. Operating profit was 7.03 trillion won ($5.2 billion), swinging from an operating loss of 1.79

October 24, 2024

Korea's economy edges up 0.1% in third quarter

SEOUL, October 24 (AJP) - South Korea's economy grew by just 0.1 percent in the third quarter, the Bank of Korea said Thursday, falling well short of the central bank's August forecast of 0.5 percent. Korea's real gross domestic product (GDP) regained growth momentum in the July-September period after a 0.2 percent contraction in the second quarter, which followed unexpected growth of 1.3 percent in the first quarter. Exports fell 0.4 percent in the third quarter, dra

October 24, 2024

SK bioscience's influenza vaccine approved in Indonesia

SEOUL, October 23 (AJP) - SK bioscience, which has developed South Korea's first domestically produced COVID-19 vaccine, said Wednesday its influenza vaccine received approval from Indonesia's Food and Drug Agency. The vaccine, Skycellflu Quadrivalent Prefilled Syringe, is the first Korean vaccine to be approved in the world's fourth most populous country. The World Health Organization predicts the circulating strains of influenza for both the Northern and Southern He

October 23, 2024

LG Electronics unveils software kit for AI home robot at global conference

SEOUL, October 23 (AJP) - LG Electronics said Wednesday it released a software development kit (SDK) for its mobile AI home hub robot "Q9" at ROSCon 2024, the world's largest robotics conference in Denmark this week. The SDK allows developers to create custom applications for the robot, which was first introduced at CES earlier this year. The Q9, equipped with multimodal sensing capabilities including voice, sound, and image recognition, can move around spaces on wh

October 23, 2024

CJ Olive Young expands rapidly growing live-streaming commerce

SEOUL, October 23 (AJP) - CJ Olive Young, a South Korean health and beauty retailer, is expanding its mobile live-streaming commerce business by opening a dedicated studio and offering production support for partner brands. The company said Wednesday Olive Live, its streaming platform launched in October 2019, has seen viewer numbers jump 142 percent and order value rise 33 percent in the first half of 2024 compared to the previous year. Popular programs include "Beauty Expe

October 23, 2024