[NewsSpace=Jack Moon] Once hailed as a paradise for IT and gaming companies, Pangyo Techno Valley is undergoing a transformation. Much like a natural ecosystem evolves over time, the business landscape of Pangyo is in a constant state of evolution. Recent analysis from RSQUARE has clarified the reasons behind this change. According to RA (RSQUARE Analytics), office rental prices in Pangyo Techno Valley rose by 5.3% in the second quarter of 2024 compared to the same period last year, surpassing the 4.1% increase seen in Seoul’s Gangnam area. This reflects the sustained demand in Pangyo, albeit
[News Space=Reporter seungwon lee] LG Chem is strengthening its competitiveness in the supply of key minerals by establishing a lithium supply chain in the United States. LG Chem announced on the 21st that it has signed a business agreement to supply lithium carbonate with ExxonMobil, the world's largest oil and energy company. Under this agreement, ExxonMobil will supply lithium produced at a lithium salt lake in Arkansas, Texas, to LG Chem's Tennessee plant, located about three hours away, and LG Chem will produce cathode materials. ExxonMobil acquired a 147 million-square-foot Arkansas salt
[News Space=Reporter seungwon lee] "One well-grown product is better than ten products from other companies." This saying is also true in the distribution industry, which is going through a difficult situation due to the global economic downturn and the domestic market slump. In the distribution industry, killer products, blockbuster products, or so-called sales-making products that represent each company account for a significant portion of total sales, and they play a pivotal role in helping the company survive even in a recession. Representative products that are selling well include Binggr
[NewsSpace=Jack Moon] Seoul's office landscape is showing signs of transformation. Once dominated by the three major districts of Gangnam, Yeouido, and the Central Business District, a new star is rising: Magok. Recent data analysis from RSQUARE reveals the reasons behind this shift. According to RA (RSQUARE Analytics), office rental prices in the Magok area rose by 7.2% in the second quarter of 2024 compared to the same period last year. This figure significantly exceeds the average increase of 5.1% across Seoul's three major districts, indicating a rapid surge in demand for Magok. An intrigu
[News Space=Reporter seungwon lee] Team Naver is pushing forward with the establishment of a joint venture with the National Housing Company (NHC), a state-run enterprise under the Ministry of Autonomy and Housing of Saudi Arabia. A business unit JV in the Saudi Arabia region will be established together with Naver Arabia (tentative name), which will oversee the Middle East business. Team Naver and NHC signed an MOU to establish a joint venture at Cityscape 2024 (Cityscape Global) held in Riyadh, Saudi Arabia from the 11th to the 14th. The MOU was attended by officials from both companies, inc
[News Space=Reporter seungwon lee] Ceragem (CEO Lee Kyung-soo) announced on the 15th that six of its entries won innovation awards ahead of 'CES 2025', the world's largest IT and home appliance exhibition to be held in Las Vegas, USA in January 2025. Ceragem has now won the honor of innovation awards with six products, three more than the three it received last year. The CES Innovation Awards are presented by the Consumer Technology Association (CTA), the organizer of the show, to world-leading innovative products and services based on a variety of factors including technology and design. Cera
[News Space=Reporter seungwon lee] Samsung Electronics announced on the 15th that it will purchase a total of 10 trillion won worth of its own stocks to increase shareholder value. Samsung Electronics held a board meeting on this day and decided on a plan to buy back a total of 10 trillion won of its own stock over the next year. Of this, 3 trillion won of its own stock will be bought back and burned entirely within three months. Samsung Electronics will purchase shares through an on-exchange transaction from the 18th of this month to February 17th of next year. The treasury shares planned to
[News Space=Reporter seungwon lee] HD Hyundai carried out its 2024 executive appointments on the 14th. In the personnel changes that day, Vice Chairman Jeong Gi-seon was promoted to Senior Vice Chairman, and President Cho Seok of HD Hyundai Electric was promoted to Vice Chairman. Kim Jae-eul, Vice President of Shipbuilding Business at HD Hyundai Heavy Industries, has been promoted to President as CEO of HD Hyundai Samho, and Song Myung-joon, Vice President of Finance Support Office at HD Hyundai, has been promoted to President as CEO of HD Hyundai Oilbank. At HD Hyundai Oilbank, Vice President
[NewsSpace=Jack Moon] In Netflix's popular show 'Culinary Class Wars' a remark made by a 'Black Spoon' chef captured the hearts of viewers. Faced with dishes from "White Spoon” chefs, who were armed with high-quality ingredients and extravagant plating, the Black Spoon chef responded with unique interpretations and creativity. This seemed to symbolize a broader shift in the landscape of Seoul's commercial districts. Just as the culinary world is divided into Black and White spoons, Seoul's commercial areas have long been categorized into 'Gangnam' and 'other districts' However, recent data rel
[News Space=Reporter seungwon lee] That day has come again this year without fail. The whole country is bustling with November 11th day marketing. When most people think of November 11th, the first thing that comes to mind is Pepero Day, as well as Farmers' Day, Garaetteok Day, Chopsticks Day, Stick Day, Tithe Day, Singles' Day, Pedestrian Day, Physically Disabled Persons' Day, Real Estate Industry Day, Rail Day, Snow Day, Korean Song Day, Navy Foundation Day, UN Veterans Memorial Day, and Department Store Foundation Day. The Iri Station explosion, Option Shock, the end of World War I, Polish
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UPDATE: 2025년 09월 04일 16시 19분
