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SK On said Wednesday that its Ivancsa Plant in Hungary has received Ford’s Q1 Award, the automaker’s highest quality certification for supplier facilities, just over two years after starting commercial operations. The battery maker held an award ceremony at the site Tuesday, where SK On Hungary head Kim Seong-sik received a plaque from Ford representatives. Ford grants Q1 status after assessing suppliers on production technology, product quality, improvement efforts, and manufacturing and qualit
Posco Holdings has completed its second lithium plant in Argentina, giving it the capacity to supply 50,000 metric tons of lithium hydroxide as the South Korean steelmaker expands its push into critical battery materials. The completion comes eight years after Posco acquired mining rights to the Salar del Hombre Muerto, a salt flat on the border of Salta and Catamarca provinces, in 2018, marking a milestone in the group’s efforts to secure its own lithium resources. Posco Holdings, the holding c
AMD Chair and CEO Lisa Su put Korean AI chips at the center of partnership talks in Seoul on Wednesday, exploring how they could work alongside AMD processors in systems built for global markets. In meetings with Second Vice Science Minister Ryu Je-myung and executives from 13 Korean AI companies, Su discussed pairing AMD’s CPUs and GPUs with Korean neural processing units designed for AI inference. Demonstration projects in Korea would test the systems to develop a blueprint for overseas deploy
Samsung Electronics’ high-bandwidth memory prices are expected to more than double next year as the industry shifts to HBM4 and tight DRAM supply gives memory-makers more room to raise contract prices, according to KB Securities on Wednesday. HBM is the high-speed memory used alongside advanced AI processors, making it one of the most closely watched parts of the semiconductor market as spending on artificial intelligence infrastructure grows. KB Securities expects Samsung’s HBM selling prices t
Shinsegae Department Store has no formal ambassador, but Annie of Allday Project, K-pop's first known chaebol scion, has served as its de facto face since her debut last year. Lacking any such birthright, Lotte Department Store recently signed its own poster child: Blackpink's Jennie. Lotte's ambassador deal, unveiled in late September, marks its first advertising model in nearly a decade — Actress Shin Min-a last fronted Lotte in 2017 — and signals a bid to rejuvenate its image as a younger, mo
Samyang Foods Chair Kim Jung-soo describes how the company injected the full flavor of jjajangmyeon, or black bean noodles, into Charrr, a pack of instant ramyeon, during a media event at the firm headquarters in Seoul on Wednesday. According to Samyang Foods, the new beef tallow product sold over 10 million units in the first 100 days of its launch while claiming second place on the list of most popular instant black bean noodles in Korea. The company said it expects 10 billion won in sales fro
Paris Baguette has rolled out its health-focused Paran Label range across all 28 Singaporean stores, marking its first overseas expansion as the bakery chain prepares to take the line to other markets, including the US. The rollout follows a February pilot at its Paragon outlet. Seven items — five bakery products and two sandwiches — are now available across the Singapore network. Paris Baguette said average sales over 30 days following the rollout rose 57 percent in the sliced bread category an
Lotte Biologics said Wednesday it has signed a manufacturing agreement with multinational biotechnology company Alvotech as the Korean contract development and manufacturing organization continues to expand its global partnerships. Under the agreement, which was signed on the sidelines of CPHI Milan 2026 taking place in Italy from Tuesday to Thursday, Lotte Biologics will manufacture multiple antibody biosimilar drug substances developed by Alvotech at its facility in Syracuse, New York, for sup
APR has opened a permanent Medicube store at Mexico’s Palacio de Hierro, becoming the first Korean beauty brand to enter the premium department store chain, the company said Wednesday. The store at the retailer’s Satelite branch, northwest of Mexico City, builds on Medicube’s pop-up at Oasis Coyoacan earlier this year. A second permanent location is scheduled to open at Palacio de Hierro’s Coyoacan branch this month. The openings deepen APR’s push into Mexico’s premium beauty market, adding dedi
Saudi Arabia’s golf ambitions have drawn global attention through LIV Golf and its recruitment of some of the sport’s biggest stars. At home, the kingdom faces a different challenge: getting more people to play. For that, it is looking to Korea. Thomas Rudy, chief investment and supply officer at Golf Saudi, sees Korea’s extensive course network, simulator technology and established golf culture as a model for expanding participation in Saudi Arabia, which currently has fewer than 5,000 register
AmCham chief receives honorary doctorate from Korea Aerospace University
Korea's manufacturing jobs rise for first time in 27 months
Bentley hits the battlegrounds in PUBG's latest update
Samsung's top brass convene in Tokyo as Japan chip ties deepen
LG, Apple take on Amazon, Google with AI home devices
Hyundai bets $15.5b on India as global production hub
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Oct. 7, 2026![[Photo News] Samyang combines jjajangmyeon with beef tallow](https://wimg.heraldcorp.com/news/cms/2026/10/07/news-p.v1.20261007.d982cc4c24714277b5940b5b3306973c_T1.jpeg?type=h&h=240)
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