The Korea Economic Daily

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South Korea’s homegrown fighter jet KF-21 is competing with Lockheed Martin’s F-16 for the Philippines’ $6.95 billion multirole fighter jet procurement deal.   Korea Aerospace Industries #KAI #FA50 #Indonesia #KF21 #DAPA #Boramae Defense Acquisition Program Administration (DAPA) Lockheed Martin #F16 #multirolefighter #MRF Global Defense Corp #SwedenSaabGripen #FranceRafale #EurofighterTyphoon #Philippines GE Aerospace #F414engine #AESAradar #F404engine #LockheedMartinF35 #PhilippineAirForce   https://lnkd.in/gHBWC3EV

Koramco Asset Management Co. will open a liaison office next to KOREA NATIONAL PENSION SERVICE to strengthen cooperation with the world’s third-largest pension fund, which is increasing its investment in real estate. KORAMCO REITS MANAGEMENT AND TRUST CO. #Korea #USA #Singapore #Koramco #NPS #pension #fund #investment #REITs #Blackstone #Franklin #Templeton #BNY #Mellon #SSBT #Hines #TishmanSpeyer #privateequity #asset #management #managers #CapitaLand #POBA https://lnkd.in/gZ__XrPH

The global smartphone leader Samsung Electronics's mobile business chief is expected to talk with top executives of Qualcomm about supply prices and volumes of its application processors (APs) to be equipped in the South Korean tech giant’s next flagship Galaxy S25 series. Cristiano R. Amon #Korea #USA #Samsung #Qualcomm #Apple #Google #Galaxy #S25 #GalaxyS24Ultra #iPhone16 #chips #AP #Snapdragon8Gen4 #TSMC #Taiwan #Exynos2500 #AIphone #artificialintelligence #SnapdragonSummit #Hawaii https://lnkd.in/g-UmmUVm

S.Korea's No. 1 soju maker Hitejinro Co Ltd with a century-old history will venture into the cosmetics market as a new growth engine. #HiteJinro_Holdings #soju #alcoholic_drinks #Seoyoung_eandt #BNB_Korea #cosmetics_ODM #KBeauty #cross_shareholding https://lnkd.in/gCQHwFZ9

Samsung has unveiled the industry’s first 24 Gb (highest capacity) graphics DRAM, GDDR7, boasting a 40 Gbps speed, optimal for next-generation AI computing.   Samsung Electronics Samsung Electronics America #GDDR7 #GDDR6 #DRAM #AIchips AMD NVIDIA #HPC SK 하이닉스 SK hynix America Micron Technology #GPU #BaeYongcheol #PAM3   https://lnkd.in/gxHP5P-5

South Korea’s professional baseball league enjoyed a record-high attendance of more than 10 million this year thanks to the growing number of female away fans in their 20s, credit card data showed on Thursday. BC Card #Korea #sports #baseball #away #home #fans #supporters #sales #Kia #Samsung #attendance #credit #card #spending #consumer https://lnkd.in/gAxtZk4j

LG Chem, the world’s fourth-largest chemicals manufacturer, targets the functional cosmetics market with bio-materials derived from vegetable oil as it seeks new growth drives. Daebong Life Science Co., Ltd. (UCL) #Korea #LG #Daebong #functional #cosmetics #bio #materials #ingredients #3HP #vegetable #oil #fermentation #purification #pharmaceutical #beauty #sustainable https://lnkd.in/gKSdGNt6

Toyota and Hyundai Motor, the world’s No. 1 and No. 3 automakers, are teaming up via their affiliates to accelerate the development of AI-powered humanoid robots.   Hyundai Motor Company (현대자동차) Hyundai Motor America Hyundai Motor Group Kia America Boston Dynamics Tesla #TeslaBot #TeslaOptimus #Atlas #Spot Toyota Motor Corporation Toyota North America #hydrogenalliance #AkioToyoda #ChungEuisun Waymo Toyota Research Institute #TRI #humanoidrobot #largebehaviormodel #LBM #RobertPlayter #GillPratt #Stretch Figure.ai BMW Group #Figure02   https://lnkd.in/gSGMFRWA

Korea's next AI unicorns were unveiled at KPAS 2024. #KT 인이지 INEEJI DAIM Research #Datarise MarqVision (YC S21) #Iamgoworks ROEN Surgical Nearthlab #Muhayu Lablup Inc. Allganize VESSL AI #Selectstar Nota AI #SuperbAI Liner FriendliAI HYPER ACCEL MetisX #Dnotitia https://lnkd.in/gZvdSZWg