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[Photo News] HD Hyundai's motor show debut
HD Hyundai Executive Vice Chairman Chung Ki-sun (center) on Tuesday looks around the shipbuilding giant's exhibition booth at the 2025 Seoul Mobility Show, held this week at Kintex in Goyang, Gyeonggi Province. HD Hyundai made its motor show debut to showcase construction machinery, including its new automated excavator. During his visit, Chung emphasized the shipbuilder's strategic expansion into land infrastructure as part of its commitment to fostering a sustainable future. (HD Hyundai)

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Korea Herald
29-05-2025
- Korea Herald
Korean rice heads to Japan in record 200-ton deal
Korean food export company The O Global has signed a landmark agreement with Beisia, one of Japan's top retail distributors, to export 200 tons of Korean rice to help ease Japan's ongoing rice shortage. The contract represents the largest volume of rice ever exported by a private Korean company for general consumer sales in Japan. Shipments of premium Saecheongmu rice, cultivated in Gangjin, South Jeolla Province, began on Monday and will continue over the next four weeks. The rice will hit shelves in major Japanese retailers starting in late June, packaged in 5-kilogram bags for direct consumer purchase. The deal comes at a time when Japan is grappling with surging rice prices, driven by a combination of falling domestic demand, government-led reductions in rice cultivation and a historic heat wave in 2023 that severely impacted yields. These factors have fueled a spike in imports of foreign rice, including from Korea. Yuni Chung, founder and CEO of The O Global, expressed strong confidence in the product's appeal to Japanese consumers during a recent interview with The Korea Herald on May 23. 'Saecheongmu is one of Korea's highest-quality rice varieties, grown under optimal conditions,' Chung said. 'It's a compelling choice even for Japanese consumers, who are famously discerning about rice quality.' Market research highlights Saecheongmu's soft, fluffy texture and mildly sweet flavor, characteristics that align well with Japanese consumer preferences. 'Japan is dealing with a range of structural issues, including a shrinking population, an aging agricultural workforce and climate-related production challenges,' Chung added. 'We're proud that our rice can help alleviate some of these pressures.' Looking ahead, The O Global plans to expand its export portfolio to Japan to include abalone, seaweed, rice cakes, snacks and other Korean agricultural and marine products. Founded in the early 2000s, The O Global has steadily built its reputation as a K-food and lifestyle product exporter, beginning with Korean desserts and sauces and later expanding into seafood, fruits and grains. 'The biggest shift since I started this business is how Korean food products, especially those carrying the 'K-' label or packages written in Hangeul, are now trusted and sought after overseas,' Chung said. Currently, more than 50 percent of The O Global's business is focused on the Japanese market. To further strengthen its footprint, the company plans to open a branch office in Japan next month, with additional overseas branches planned for Thailand, China and France starting next year.


Korea Herald
29-05-2025
- Korea Herald
SK hynix heads to Silicon Valley to recruit AI talent
SK hynix is heading to Silicon Valley this week to host its annual SK Global Forum aimed at recruiting top-tier tech talent for artificial intelligence development, the company said Thursday. The world's leading memory chip-maker is hosting the three-day forum from Friday in Santa Clara, California, bringing together company executives and US-based engineers, researchers and graduate students to discuss the future of memory technology. 'It is time for us to strengthen our capabilities in computing system architecture as we expand our presence in the AI memory ecosystem,' the company said. 'We established a new session for system architecture in our forum to engage with experts in this field.' SK hynix said its CEO Kwak Noh-jung will be leading the forum, delivering the keynote to outline the company's strategy for navigating the rapidly evolving AI landscape. Other top chiefs, including Kim Joo-sun, the president in charge of AI infrastructure; Ahn Hyun, the chief development officer; and Chief Technology Officer Cha Seon-yong will also join the event to meet with invitees and lead discussions on memory innovation and future product roadmaps, the company said. In a first for the forum, the chipmaker has set up a separate area to showcase its core technologies for AI data centers and on-device AI solutions, including high bandwidth memory, enterprise SSD and LPCAMM2 module, for the participants. 'We have been strengthening our technological competitive edge by recruiting excellent talent through the global forum,' said Shin Sang-kyu, head of Corporate Culture at SK hynix. 'We will continue our 'Renaissance journey' to secure talent to lead the AI era.' The annual event has become a key part of the company's global talent strategy since its launch in 2012.
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Korea Herald
28-05-2025
- Korea Herald
[Photo News] Shipbuilding tycoons at MADEX 2025
HD Hyundai Executive Vice Chairman Chung Ki-sun (third from right) takes a selfie with new employees of HD Hyundai Heavy Industries' special ship buisness unit at the International Maritime Defense Industry Exhibition -- MADEX -- 2025 in Busan on Wednesday. Chung presented the company's vision to build the best warships that back up the global maritime security during a reception ceremony with representatives from several countries. (HD Hyundai) Hanwha Group Vice Chairman Kim Dong-kwan (second from left) visits the exhibition booth of Hanwha's three affiliates -- Hanwha Ocean, Hanwha Aerospace and Hanwha Systems -- at MADEX 2025 on Wednesday. During a reception with global representatives, Kim highlighted the defense conglomerate's efforts to help the Korean economy, saying the company continues to embody the principles of doing business as a corporation to contribute to the state and humanity. (Hanwha Group)