AI Pick
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Samsung Workers Express Concerns Over Upcoming Strike
As a general strike at Samsung Electronics approaches, internal members are expressing growing fatigue regarding the union's demand for the institutionalization of performance-based bonuses. Critics argue that the request to fix a certain percentage of operating profit as a bonus fund and to eliminate the cap on excess profit bonuses (OPI) is excessive, separate from existing grievances about the company's compensation system. On May 13, an employee from a manufacturing company affiliate
May 15, 2026
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Pharos AI Bio and Kolon Pharmaceutical Collaborate on Next-Generation EGFR Inhibitor
Pharos AI Bio, an artificial intelligence-based drug development company, announced on May 14 that it has signed a strategic memorandum of understanding (MOU) with Kolon Pharmaceutical's new drug division to develop a next-generation lung cancer treatment, PHI-701. The agreement aims to combine Pharos AI Bio's AI drug design technology with Kolon Pharmaceutical's clinical translational research capabilities to expand joint research and development efforts. The two companies plan to develo
May 15, 2026
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Hanwha Solutions Delays 1.8 Trillion Won Capital Increase to July
Hanwha Solutions announced a revised schedule for its capital increase on May 14. The date for the new share allocation has been moved from May 5 to July 5, and the date for confirming the new share issuance price has been changed from June 17 to July 7. The expected listing date for the new shares has also been postponed from July 10 to July 31. The total amount of the capital increase is 1.8144 trillion won, with 907.7 billion won allocated for facility funds and 906.7 billion won desig
May 15, 2026
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Inflation Rate at 12.6% and Trade Deficit of $5.3 Billion: Records Connecting DJ and the World
For the first time, notes written by the late Lee Hee-ho while preparing for visits to her husband, former President Kim Dae-jung, during his imprisonment have been made public. With the 46th anniversary of the May 18 Democratic Uprising approaching, the release of this book, which includes the couple's 'Prison Records,' is expected to resonate with the spirit of forgiveness and tolerance that Kim emphasized in the political arena. On May 14, the Kim Dae-jung Library at Yonsei Universit
May 15, 2026
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Kellogg Expands Granola Line to Align with 'Pixel Life' Trend
Recent trends in the food market show a shift in consumer preferences, leading to changes in how granola products are selected. As health management approaches diversify, there is a growing trend to differentiate between low-sugar and zero-sugar products based on consumption context and goals. According to industry sources, the so-called 'Pixel Life' trend is gaining attention in the consumer market. This trend emphasizes choosing products that align with individual lifestyles and prefere
May 15, 2026
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Surging Copper Prices Boost Power Equipment Sector Amid AI Supercycle
Copper prices are nearing record highs due to the prolonged conflict in the Middle East and increasing global demand, creating a favorable outlook for the domestic power equipment industry. The demand for transformers and circuit breakers has surged, driven by the need to upgrade North American power grids and the expansion of artificial intelligence data centers (AIDC), placing the sector in a supercycle. Additionally, manufacturers are able to pass on rising costs to consumers, further ac
May 15, 2026
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Dongwon F&B Launches 'Denmark Milk' Made from Premium Grade A Milk
Dongwon F&B announced on May 14 that it has launched a new product, 'Denmark Milk,' made from premium Grade A milk sourced from its dedicated farms. The new product features only Grade A milk produced at approximately 60 dedicated farms operated by Dongwon F&B. A veterinary management system is in place to oversee the farm environment and the health of the dairy cows, ensuring high milk quality. The company has also strengthened its management system to maintain milk freshness. It has op
May 15, 2026
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Yuhan Corporation to Receive $30 Million Milestone for Lazertinib in Europe
Yuhan Corporation announced on May 14 that it is set to receive a $30 million milestone payment related to the commercialization of its non-small cell lung cancer treatment, Lazertinib, in Europe, following its technology transfer to Janssen Biotech. This milestone payment is part of a series of payments tied to the European commercialization of Lazertinib and Janssen Biotech's Amivantamab combination therapy. Although Yuhan's performance in the first quarter fell short of market expecta
May 15, 2026
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Food Industry Faces Challenges Despite Strong First Quarter Sales
Major South Korean food companies reported strong performances in the first quarter of this year, driven by growth in their overseas operations. The expansion of global sales amid the K-food craze has allowed these companies to successfully defend against domestic and international uncertainties. However, as the second quarter approaches, concerns are rising due to the prolonged conflict in the Middle East, which is expected to impact raw material and packaging costs, alongside high ex
May 15, 2026
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Weather Forecast: Clear Skies and Early Summer Heat Across the Country
On Friday, May 15, clear skies and clean air are expected nationwide, with daytime temperatures exceeding 30 degrees Celsius in some areas. According to the Korea Meteorological Administration on May 14, morning lows are forecasted to range from 10 to 17 degrees Celsius, while daytime highs will be between 22 and 32 degrees Celsius. The early summer weather is expected to remain above the seasonal averages (morning lows of 10 to 14 degrees and daytime highs of 20 to 25 degrees). Morning
May 15, 2026