Cosmax to Double Production Capacity for Snack-Style Health Supplements Cosmax Group is significantly expanding its production facilities for snack-style health supplements, including jelly and liquid stick products. As the market shifts from traditional tablet and capsule formats to more enjoyable consumption methods, the company is ramping up its production capacity.On June 15, Cosmax Group announced that its health supplement ODM subsidiaries, Cosmax NBT and Cosmax Bio, have increased their monthly production capacity for jelly and liquid products from a combined June 15, 2026

SK Hynix to Begin Wage Negotiations on June 22, Union Seeks Samsung-Level Treatment SK Hynix and its labor union are set to commence wage negotiations as early as June 22, 2026. This year's discussions are expected to be intense, with the union demanding improvements in working conditions to match those of Samsung Electronics, amid a recovery in the semiconductor industry. According to industry sources on June 15, SK Hynix and its labor union have agreed to hold their first face-to-face meeting for wage negotiations and collective bargaining on June 22. During this meet June 15, 2026

Samsung Expands Automotive Business in Europe, Uniting All Affiliates' Strengths Samsung Electronics is accelerating its expansion into the European automotive market, focusing on the automotive electronics sector. The company aims to create synergies by leveraging the capabilities of the entire Samsung Group, including automotive semiconductors, displays, batteries, and infotainment systems. As the home appliance and TV sectors reach saturation, the automotive sector is emerging as a new revenue stream for Samsung.According to industry sources on June 15, the automotive bus June 15, 2026

U.S.-Iran Peace Agreement Boosts Japanese Stocks, Nikkei Nears Record High On June 15, the Nikkei 225, Japan's benchmark stock index, surged to nearly 70,000 points, reaching a record high following news of a peace agreement between the United States and Iran. According to the Nihon Keizai Shimbun (Nikkei), the Nikkei closed at 69,317.50, up 3,297 yen (4.99%) from the previous trading day, marking the second-largest increase in history. The broader TOPIX index also hit a record high during the day, peaking at 4,027.15 before closing at 3,999.60, a 3.03% increase June 15, 2026

Jaseng Hospital Warns of Gout Risk from Excessive Consumption of Samgyeopsal and Chicken Jaseng Hospital introduced ways to enjoy popular Korean dishes like samgyeopsal (pork belly) and chicken with beer or soju in a healthier manner on June 15. This initiative follows the recent revelation that Jensen Huang, CEO of NVIDIA, enjoyed these dishes during a meeting with business leaders in South Korea, sparking increased interest in this culinary trend and leading to a surge of customers at related establishments. Samgyeopsal is a staple at office gatherings, rich in B vitamins a June 15, 2026

Middle East Conflict Resolution: Industry Faces Supply Chain Challenges As the end of the Middle East conflict appears imminent, analysts predict that the previously soaring prices of oil and raw materials may soon be reflected in industrial costs. Some costs may be passed on to product prices with a delay, and even if shipping through the Strait of Hormuz resumes, lingering issues such as vessel wait times, detours, and inventory burdens could persist. According to industry sources on June 15, major domestic manufacturers are closely monitoring the pace of June 15, 2026

Hyundai Motor Union Files for Labor Dispute Mediation Amid Strike Preparations Hyundai Motor's labor union has initiated preparations for a strike by applying for labor dispute mediation with the Central Labor Relations Commission due to stalled wage and collective bargaining negotiations. On June 15, the union submitted the mediation request. If the commission determines that there is a significant gap between the positions of labor and management and subsequently halts mediation, the union will secure the legal right to strike if a majority of its members vote in f June 15, 2026

Samsung Biologics to Participate in 2026 BIO International Convention, Targeting Global Clients Samsung Biologics announced on June 15 that it will participate in the 2026 BIO International Convention, the world's largest biotech and pharmaceutical expo. The company is expanding its customer engagement by attending various global conferences this year. In March, it met with key clients during DCAT Week, followed by meetings at the American Association for Cancer Research (AACR) in April. The BIO International Convention, organized by the Biotechnology Innovation Organization (BIO) June 15, 2026

Jeong Dong-young: North Korea's Silence is Frustrating, but Dialogue Must Continue Minister of Unification Jeong Dong-young marked the 26th anniversary of the June 15th North-South Joint Declaration by stating that the spirit of June 15th must continue. He emphasized that managing and transforming the precarious relationship between the two hostile nations into peaceful coexistence is a clear task.In a post on his Facebook account on June 15, Jeong listed the Lee Jae-myung administration's proactive peace efforts toward North Korea, noting, "What returns is only a harsh and co June 15, 2026

Innovation Party to Hold National Convention on July 25, Elect New Leadership The Cho Kuk Innovation Party announced on June 15 that it will hold a national convention at the Suwon Convention Center on July 25 to elect a new leadership. This comes about two months after former leader Cho Kuk resigned following his defeat in the June 3 by-election for the National Assembly. Senior spokesperson Park Byeong-eon spoke to reporters after a Supreme Council meeting at the National Assembly, stating, "We will complete the reorganization of the party system and steadfastly June 15, 2026