Samsung Electronics Launches 9th C-Lab Outside Startup Recruitment Samsung Electronics announced on June 15 that it is publicly recruiting startups for the 9th round of its C-Lab Outside program, aimed at discovering companies with growth potential and unique capabilities. C-Lab Outside is a prominent open innovation program that supports domestic startups in expanding their connections with Samsung Electronics and exploring new business collaboration opportunities. Samsung will assist selected startups with business meetings and technology validation June 15, 2026

Samsung Electronics Unveils 'Art Basel in Basel 2026' Collection at Art Store Samsung Electronics has unveiled the 'Art Basel in Basel 2026' collection at its Samsung Art Store, showcasing the essence of contemporary Swiss art. On June 15, Samsung announced that it curates artworks from the world's largest art fair, Art Basel, held annually in Hong Kong, Basel, Paris, and Miami Beach, for display at the Samsung Art Store. The collection features 24 pieces selected by eight prestigious galleries, reflecting the diverse perspectives of contemporary Swiss art and June 15, 2026

Coinone Launches Focused Recruitment for Product Roles Coinone, a leading virtual asset exchange in South Korea, is launching a focused recruitment drive for product roles. As discussions around the regulation of the virtual asset market intensify, the company aims to secure key talent to enhance service competitiveness and accelerate the expansion of new business initiatives. On June 15, Coinone announced that it will conduct a "Focused Recruitment for Product Roles" until July 6. The positions available include Senior Product Owner and June 15, 2026

Debate Over Use of Surplus Tax Revenue: Growth Investment vs. Fiscal Principles As the semiconductor boom drives national tax revenue significantly above government forecasts, discussions are intensifying on how to utilize the surplus. The government is considering using the surplus for growth investments through a future response fund and a Korean-style sovereign wealth fund, but concerns have emerged that this may conflict with existing fiscal principles aimed at reducing national debt and enhancing local finances. According to relevant government departments on June 15, 2026

Surge in Tax Revenue Driven by Semiconductor Boom This year, national tax revenue is expected to exceed the government's revised projections made during the supplementary budget process in April. The increase in corporate tax revenue due to a strong semiconductor market and a surge in securities transaction tax from a booming stock market could result in an additional 10 to 15 trillion won in tax revenue beyond the estimates. According to relevant authorities on June 14, the cumulative national tax revenue from January to April reached June 15, 2026

Renowned Interpreter Choi Jeong-hwa Passes Away at 71 Choi Jeong-hwa, a renowned professor emeritus at Hankuk University of Foreign Studies and a key interpreter for Korea-France summits from the 1980s to the 2000s, passed away on June 14 at the age of 71. Born in Seoul, Choi graduated from Kyunggi Girls' High School and earned her bachelor's degree in French from Hankuk University of Foreign Studies. She later obtained her master's and doctoral degrees from the Interpretation School at Paris III University. At a time when there were no int June 15, 2026

LS Cable Wins Contract for Second Phase of HVDC Project in Korea LS Cable has secured a contract for the second phase of the Korea Electric Power Corporation's (KEPCO) East Coast to Seoul high-voltage direct current (HVDC) project. Following its participation in the first phase last year, the company has once again demonstrated its competitiveness in the HVDC sector by engaging in this critical national power grid project. According to industry sources on June 15, LS Cable won the turnkey contract for the second phase of the East Coast to Seoul HVDC pr June 15, 2026

Daishin Securities Raises Target Price for Shinsegae Amid Strong Sales Growth Daishin Securities announced on June 15 that it is raising its target price for Shinsegae from 600,000 won to 1,000,000 won, citing improvements in department store and duty-free shop performance due to a recovery in domestic consumption and an increase in foreign tourists. The firm maintained its "buy" rating. Yoo Jeong-hyun, a researcher at Daishin Securities, stated, "The domestic department store sector is entering a new growth phase, driven not only by a recovery in domestic consumpt June 15, 2026

U.S. and Iran Reach Peace Agreement, Signing Scheduled for June 19 in Switzerland The United States and Iran have reached a peace agreement to end hostilities. The two sides are set to sign the agreement on June 19 in Switzerland, which includes the reopening of the Hormuz Strait and the lifting of the U.S. maritime blockade against Iran. On June 15, local time, Pakistani Prime Minister Shahbaz Sharif announced via X (formerly Twitter) that the two countries had finalized the peace agreement. He stated, "We have decided to immediately and permanently cease military oper June 15, 2026

Pakistan Prime Minister Announces US-Iran Peace Agreement, Signing Set for June 19 in Switzerland Reuters reported on June 15 that the United States and Iran have reached a peace agreement. Amid growing concerns that military clashes between the two nations could escalate across the Middle East, Pakistan's Prime Minister publicly announced the details of the agreement and the signing schedule. Prime Minister Shahbaz Sharif stated early on June 15 via X (formerly Twitter) that "the United States and Iran have reached a peace agreement." He revealed that the official signing ceremony is s June 15, 2026