Simtech Shares Jump Nearly 14% as Brokerages Raise Price Targets Simtech shares surged more than 13% intraday, as investors appeared to respond to upbeat brokerage outlooks and a string of higher price targets. According to the Korea Exchange, Simtech was trading at 106,900 won as of 1:50 p.m. on the 7th, up 13,100 won, or 13.97%, from the previous session. Daishin Securities said in a report that earnings improvement should begin in earnest, driven by expanding sales of server memory modules and SOCAMM2. It maintained its “buy” rating and raised its May 7, 2026

LG CNS Unveils RX Platform for Autonomous, Collaborative Robots A dancing robot opened LG CNS’ showcase, greeting Chief Technology Officer Park Sang-yeop. Another robot handed a microphone to CEO Hyun Shin-gyun to begin the event. In a logistics demo area, robots moved and worked together without human control. A humanoid robot picked up a plastic bag and passed it toward a box on a conveyor belt. A quadruped robot carried the box, and a wheeled robot and an autonomous mobile robot, or AMR, placed it on a designated shelf. LG CNS described the scene a May 7, 2026

BGF Retail to Pay CU Store Owners Aid After Logistics Strike, Dispute With Truckers Persists BGF Retail, the operator of CU convenience stores, began compensating franchise owners on Wednesday after a labor agreement between its distribution and logistics affiliate, BGF Logis, and the Cargo Truckers Union ended a disruption in CU deliveries. The company’s move comes as CU franchisees continue to press the union for damages, signaling the dispute is not over. According to the retail industry, CU store owners on Wednesday could confirm the headquarters’ support amounts on their May 7, 2026

U.S. Treasury Secretary Bessent to Visit Japan Ahead of China Trip for Yen Talks U.S. Treasury Secretary Scott Bessent plans to visit Japan ahead of a trip to China and is expected to meet separately with Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama and Bank of Japan Gov. Kazuo Ueda, Japanese media reported. The talks would come soon after Japan’s government and central bank carried out large-scale yen-buying intervention, drawing attention to whether U.S.-Japan coordination on the weak yen will deepen. The Nikkei newspaper reported May 7, citing May 7, 2026

South Korea to Help K-Beauty Firms Enter Halal Cosmetics Market With Ingredient Database South Korea’s Ministry of Food and Drug Safety said Thursday it will step up a “halal cosmetics certification support” program as the global market for halal beauty products expands. Halal cosmetics are products certified as produced, processed and distributed in line with Islamic law for use by Muslims. The market is projected to grow to $129 billion in 2027 from $84 billion in 2022, the ministry said. With regulations tightening in major countries — including Indonesia’s move to requir May 7, 2026

Philip Morris Korea Expands Safety Partnership Program to Prevent Workplace Accidents Philip Morris Korea is expanding a workplace safety initiative aimed at improving conditions for partner companies and the local community. The company said Thursday that it held a launch ceremony and seminar May 6 at the Gyeongnam Eastern Branch of the Korea Industrial Safety Association in Yangsan, South Gyeongsang Province, for a “large-small business safety and health partnership program” jointly promoted with the Korea Occupational Safety and Health Agency. At the event, the Ya May 7, 2026

GC녹십자 Wins Peru Approval for Hunter Syndrome Drug Hunterase ICV GC Green Cross, which is nearing the 2 trillion won revenue mark, has secured marketing approval in Peru for its intraventricular Hunter syndrome treatment, Hunterase ICV, following approvals in Japan and Russia, the company said. The move supports its push to expand overseas sales and diversify exports as it focuses on high value-added products in advanced markets such as the United States and Japan while accelerating entry into emerging markets. The company said Tuesday that Peru’s dr May 7, 2026

Kakao Posts Record Q1 Results, Pushes KakaoTalk-Based Agent AI Platform Kakao posted its strongest quarterly results on record in the first quarter, with both revenue and operating profit reaching all-time highs, the company said Thursday. Growth was broad-based across its core platform businesses, including advertising, commerce, mobility and payments. Kakao said it will use that momentum to accelerate its shift into an “agent AI platform” company. Over the medium to long term, Kakao aims to onboard all 50 million KakaoTalk users to AI services. It plans to May 7, 2026

APR posts record Q1 operating profit as overseas sales near 90% Beauty company APR posted its strongest quarterly results on record in the first quarter, driven by a surge in overseas business as K-beauty demand lifted its performance in the U.S. market, including a No. 1 ranking in Amazon’s U.S. beauty category. APR said in a preliminary earnings filing on Wednesday that 2026 first-quarter consolidated revenue rose 123.0% from a year earlier to 593.4 billion won, while operating profit jumped 173.7% to 152.3 billion won. Both were the highest quarte May 7, 2026

LG Uplus Q1 Operating Profit Rises 6.6% to 272.3 Billion Won on Subscriber Growth LG Uplus said revenue and operating profit rose in the first quarter, helped by subscriber growth and gains in its corporate infrastructure business. On May 7, the company reported first-quarter 2026 consolidated revenue of 3.8037 trillion won, up 1.5% from a year earlier. Service revenue rose 3.3% to 3.0370 trillion won, while handset revenue fell 5.2% to 766.9 billion won. Operating profit increased 6.6% to 272.3 billion won. Mobile revenue climbed 3.2% to 1.6526 trillion won May 7, 2026