Hyangji Restructures Real Estate Assets to Boost Senior Tech Investments Hyangji Fashion Group is restructuring its major real estate assets in Songdo and Busan to secure investment funds and foster future growth in senior tech and other emerging sectors.On July 30, Hyangji announced its plans for a strategic rebalancing of its real estate holdings. The company aims to enhance the utilization of non-core assets to increase cash liquidity, which will be redirected into new business ventures.The rebalancing includes the Hyangji Global Fashion Complex in Songdo and the July 30, 2026

Samsung Electronics: Mobile Sales Expected to Struggle Despite New Product Launches Samsung Electronics announced during its second-quarter earnings conference call that while smartphone demand has decreased due to a shortage of memory supply, the overall revenue has increased thanks to a rise in premium sales. However, the company noted that rising component costs have led to a decline in business profits.The company projected that smartphone market demand would continue to slow in the second half of the year, resulting in an overall decrease in annual shipments.To overcome th July 30, 2026

Chinese GPU Company Cambrian Expects Revenue of 13 Trillion Won by 2028 Chinese artificial intelligence (AI) semiconductor company Cambrian (Hanwuj, 寒武紀) has projected that it will achieve revenue of 13 trillion won by 2028.Cambrian announced its stock option plan through a disclosure on the Shanghai Stock Exchange, revealing its revenue forecast, according to Chinese IT media outlet Kuai Ke Ji on July 30.In the disclosure, Cambrian stated that its revenue for this year is expected to reach at least 13.5 billion yuan, more than double last year's revenue of 6.5 b July 30, 2026

Samsung Welstory Confirms Improvements from Blood Sugar Management Program Linked to Cafeteria Meals Samsung Welstory announced improvements in participants' blood sugar and physical indicators through a blood sugar management program linked to cafeteria meal records and continuous glucose monitoring (CGM) data.The healthcare solution from Samsung Welstory analyzes health data and meal records of cafeteria users to provide customized meal plans and coaching. Since its introduction in 2024 as a weight loss and strength enhancement program, the solution has expanded and advanced into the blood su July 30, 2026

Hyundai Motor Group Hires AI Expert Kwon Jeong-hyun from Samsung Electronics Hyundai Motor Group has hired Kwon Jeong-hyun, an artificial intelligence (AI) expert from Samsung Electronics and NVIDIA.On July 30, Hyundai Motor Group announced the appointment of Kwon as the head of its AVP Division's Autonomous Driving Development Center. Kwon previously served as a vice president at Samsung Electronics, where he led the development of intelligent robots. Before that, he was recognized as an expert in autonomous driving AI, responsible for software development and productiz July 30, 2026

'Hope' Faces Challenges as 'Spider-Man 4' Dominates Box Office 나홍진 감독의 영화 '호프'가 400만 관객 돌파를 앞두고 예상치 못한 변수를 맞았다. 영화 '스파이더맨: 브랜드 뉴 데이'가 개봉과 동시에 박스오피스 1위에 오르며 흥행 구도에 변화를 만든 데다, 주연 배우 황정민의 사생활 의혹까지 불거지면서 작품 안팎의 부담이 커진 모양새다. 30일 영화관입장권 통합전산망에 따르면 '스파이더맨: 브랜드 뉴 데이'는 개봉 첫날인 29일 하루 동안 68만여 명의 관객을 동원하며 전체 박스오피스 1위에 올랐다. 누적 관객 수는 68만9076명이다. 출발부터 압도적이다. '스파이더맨: 브랜드 뉴 데이 July 30, 2026

LG Electronics and MMCA Collaborate on OLED Art Installation LG Electronics is partnering with the National Museum of Modern and Contemporary Art (MMCA) to present a large-scale special exhibition utilizing advanced organic light-emitting diode (OLED) technology.According to industry sources on July 30, LG Electronics will host the second exhibition of the 'MMCA X LG OLED Series' from July 31 to November 29 at the 'Seoul Box' in MMCA Seoul.The exhibition will showcase a large installation piece titled 'Stubborn Rock, Reckless Fights' by Korean-American ar July 30, 2026

Hwachun's Rural Basic Income Application Rate Reaches 72.8%, Population Grows by 438 Hwachun County in Gangwon Province is seeing significant interest from residents as it approaches the first payment of its rural basic income program, with an application rate of 72.82%. Since being selected as a pilot area, the population has increased by 438 residents in just over 50 days, indicating the policy's positive impact.As of July 30, Hwachun County reported that 16,247 residents had applied for the rural basic income since applications opened on July 13.The population growth is notab July 30, 2026

Korea's Privacy Commission Fines KT 54 Billion Won for Data Breach The Personal Information Protection Commission has imposed a fine of 53.979 billion won on KT for violating privacy laws. This action follows a data breach linked to inadequate management of femtocells, which resulted in the exposure of personal information and actual financial losses.On July 29, the commission held its 15th plenary meeting, where it decided to fine KT and issue corrective orders, recommendations for improvement, and a public announcement of the findings. The commission also pla July 30, 2026

Samsung Electronics Reports 10% Increase in HBM Shipments Samsung Electronics announced during its second-quarter earnings conference call that shipments of all memory products, including DRAM, NAND flash, and HBM, have increased due to the expansion of agent AI among hyperscale customers.The company reported a 10% increase in shipments compared to the previous quarter, driven by the full-scale supply of HBM4, and noted that DRAM sales achieved record highs with single-digit growth.Regarding its foundry business, Samsung stated that it is undergoing a July 30, 2026