Korea Daily News (November 12, 2024)

Economy

  • HSAD Marketing Platform ‘Dash’: HSAD has launched ‘Dash,’ a platform for analyzing marketing performance across channels in the customer journey, aiming to optimize marketing budgets and reduce customer attrition.
  • Samsung Kimchi Refrigerator Sales Increase: Samsung Electronics reports a double-digit increase in kimchi refrigerator sales through October, emphasizing the unit’s versatility in storing various ingredients.
  • NHN Q3 Results: NHN recorded a 2024 Q3 revenue of 608.4 billion KRW, but incurred an operating loss due to a one-off bad debt expense from the Tmon risk.
  • Busan Economic Promotion Agency Agreement: Kibo (Korea Technology Finance Corporation) signed an agreement with the Busan Economic Promotion Agency to support SMEs with tailored programs for technology finance.
  • Korean Air Recruitment: Korean Air begins recruitment for 150 entry-level and experienced employees.

 

Society

  • Yoon Suk-yeol Approval Decline: Following President Yoon’s apology, his approval rating continues to drop, with journalists who asked critical questions now facing fake news attacks.
  • Seoul National University Poster for Yoon’s Resignation: Calls for President Yoon’s resignation are spreading at Seoul National University.
  • Kim Yong-soo’s Good Deed: Kim Yong-soo, an employee in Gimcheon, gained attention for gifting ginseng roots worth 100 million KRW to elderly neighbors.
  • Gangnam’s Apology Video: Broadcaster Gangnam uploaded a YouTube video apologizing for his recent mistake, gaining attention.

 

Culture

  • Bulkwang Publishing’s Complete Works: Bulkwang Publishing released a 25-volume set, emphasizing Buddhist philosophy, particularly “Tamn-Jin-Chi.”
  • Ministry of Culture Apologizes to NewJeans Fandom: The Ministry of Culture formally apologized for mentioning NewJeans in response to a tampering-related question.
  • Dolce & Gabbana Event with Moon Ga-young: Actress Moon Ga-young attended a Dolce & Gabbana photo event in Seoul, drawing attention.
  • Itaewon Gourmet Week: Yongsan-gu organized Itaewon Gourmet Week, providing visitors a chance to experience diverse flavors.

 

IT/Technology

  • Cloudera 2025 Technology Outlook: Cloudera, a data cloud company, shared its future vision on AI and generative AI advancements.
  • Kakao New Character ‘GolGolz’ Launch: Kakao revealed a new character lineup, ‘GolGolz,’ succeeding Kakao Friends and Ninizz.
  • Naver Personalized Plus Membership: Naver launched a paid membership program offering tailored benefits to users.
  • PSN Account Linking Policy Maintained: Sony confirmed it will not retract the PSN account linking policy, citing user safety.

 

Health/Environment

  • Woongjin Food Ion Drink: Woongjin Food launched ‘Ion the Fit’ Zero Sparkling as an official sponsor for a major domestic marathon.
  • Chungju Hand Towel Recycling Agreement: Yuhan-Kimberly signed a resource recycling agreement with Chungju City, enhancing environmental protection efforts.
  • Yuhan-Kimberly Sports Medicine: South Korean national soccer team’s rehabilitation specialist Dr. Yoon Young-kwon shared methods for knee pain relief.
  • Cold Plunge Fatigue Recovery Method: Blackpink’s Jennie revealed her cold plunge routine as a way to recover from fatigue.

 

International

  • TYM Meeting with Ukrainian Delegation: Agricultural machinery company TYM welcomed a Ukrainian delegation to discuss agricultural cooperation.
  • Model in the Philippines at Risk: Model Kim Na-jung, currently residing in the Philippines, sought help via social media after reportedly being threatened locally.
  • Mexican EV Charger Production: SOLUM, a consumer electronics manufacturer, announced collaboration with a Mexican company to expand electric vehicle charging infrastructure.
  • Bitcoin Surge Following Trump’s Election: Bitcoin’s price increased following Trump’s presidential election, with a pro-cryptocurrency policy anticipated.
  • Trump’s Expected Immigration Policy Changes: Trump’s new administration is expected to bring significant changes to U.S. immigration policy, potentially impacting both illegal and legal immigration.

 

Real Estate

  • Seoul Housing Market Slowdown: October housing transactions in Seoul declined, with apartment sales down 74.7% over the last three months.
  • Kimchi Cost Decrease: The government released additional cabbage stocks, lowering cabbage prices, but consumers still face high kimchi-making costs.

 

Sports

  • PUBG Global Series: Team Twisted Minds won the PGS 6 with a third consecutive victory.
  • Fencing Athlete Wins Korea Image Award: South Korean fencing national athlete Oh Sang-wook won the 2025 Korea Image Award.

 

Gaming

  • Neowiz Q3 Performance: Neowiz reported Q3 revenue of 93.1 billion KRW, with a year-on-year decline in revenue and operating profit.
  • NHN to Launch ‘AbyssDIA’: NHN announced the upcoming release of its subculture game ‘AbyssDIA.’
  • Lionheart at G-Star 2024: Lionheart is participating in G-Star 2024, showcasing new games and hosting events.

 

Finance

  • Alternative Investment Conference: The National Pension Service held a conference focused on structured solutions and fund financing in response to prolonged high interest rates.
  • Samsung Life Expands into Trust Market: Samsung Life entered the 883 trillion KRW death benefits trust market, offering customizable insurance solutions.
  • NHN Bad Debt Expense: NHN recorded a one-time bad debt expense due to the Tmon risk, leading to a 1.134 trillion KRW loss.

 

AI/Data

  • Elroi Lab’s AI Noise Reduction Technology: Elroi Lab introduced an innovative AI algorithm for noise reduction, promising cost savings and enhanced accuracy.
  • Cloudera 2025 Technology Outlook: Cloudera discussed the future of AI and generative AI, highlighting advancements in data analysis.

 

Art

  • Kim Whanki Exhibition: An exhibition of artist Kim Whanki’s work, filled with vibrant green dots, showcased his use of vivid color.
  • Cheon Kyung-ja Exhibition: The exhibition of Cheon Kyung-ja’s art revisited her themes of loneliness and personal expression.