Among LG Electronics’ 2024 Whisen air conditioners, domestic first-quarter sales of models with AI functions increased by about 30% compared to the same period last year.
At the recent World Congress for Hair Research in Dallas, Texas, Korea Kolmar presented the results of its research on Shrubby Sophora root extract, a functional ingredient for hair loss mitigation.
The Financial Supervisory Service(FSS) has issued an institutional warning to Daishin Securities and a three-month suspension and a reprimand to two of its employees for incomplete sales of financial investment products, including private equity funds.
SK Networks has selected Affinity Equity Partners(Affinity) as the preferred negotiating party for the sale of its subsidiary SK Rent-a-Car and plans to further accelerate the transition to an artificial intelligence(AI)-based business model across the company and its subsidiaries.
Korean exchange rate authorities warned, “We are closely monitoring exchange rates movements and foreign currency demands and supplies, “ and added, “Significant imbalance in FX market is not desirable for Korean economy” as the won hit the 1400 mark in the morning on April 16, The warning was given by financial leaders, Kumhwa Oh, the Director General of the International Department at the Bank of Korea, and Shin Joong-beom, the Director General of the International Finance Bureau at the Ministry of Economy and Finance, in an attempt to downgrade the currency.