진행자: 간형우, Naomi Garyan 1. [Weekender] Luxury labels target teens 기사 요약: 국내 10대 소비자들 대상으로 마케팅 강화하는 명품 브랜드와 이에 맞춰 명품 소비 늘리는 10대 고객들 [1] While it's not breaking news that luxury fashion houses have been broadening their customer bases to younger customers, teenagers have risen as a new lucrative target demographic for such brands. *broaden: 넓히다, 퍼지다 *lucrative: 수익성이 좋은, 돈이 되는 [2] More teenager...

Mercedes-Benz Korea said Wednesday that Mathias Vaitl, who currently heads the German automaker's online platform Mercedes Me, as well as their digital service business and e-commerce, has been tapped as the new CEO of the company's Korean office. According to the announcement, Vaitl will begin his tenure at the Seoul office on Sept. 1. "I am very excited to take the role of CEO of Mercedes-Ben...

South Korean health care company Boryung has launched a global space initiative to advance human activities in space with industry-leading partners, the company said Tuesday. Boryung has joined hands with Axiom Space, a US commercial space station developer, and the Space Exploration Initiative, a research institute at the Massachusetts Institute of Technology, for the Humans in Space program. ...

A joint venture project between Posco Future M and General Motors has secured 300 million Canadian dollars ($221 million) in funding from Canada to build an electric vehicles' battery materials plant. The provincial government of Quebec and the Canadian federal government on Monday announced the financial support plan to aid the joint venture project, named Ultium CAM, to construct the country's...

Hyundai Motor Group has reportedly recruited Kim Il-bum, a former presidential secretary, to strengthen its global public affairs competency, according to sources on Tuesday. Kim, who resigned from the presidential secretary position in March, is expected to begin working as an executive vice president at the auto giant in July. He is expected to help the company cope with challenging tasks amid...

“We have conducted numerous tests with these rovers. They work well right now. But the level of operation is for experiments on the Earth. As we are trying to go to space, the design of the electronic boards inside the rovers has to change and all of their parts have to be swapped with ‘space-level’ parts,” said Cho. The young CEO voiced confidence when he was asked whether his company would be ...

The all-new Kona Electric -- Hyundai Motor’s latest all-electric compact sport utility vehicle -- is looking to lure customers with a roomier interior, longer driving range and sound riding experience. The South Korean automaker on Tuesday held a test drive event for local journalists to ride the Kona EV over a 172-kilometer-long course beginning from Hanam, Gyeonggi Province and ending in Sokch...

GOHEUNG, South Jeolla Province -- South Korea successfully conducted the third launch of the homegrown Nuri rocket Thursday, as the satellite launch vehicle reached the targeted altitude and released satellites into orbit, marking another space milestone for the country. “Following the success of the Nuri rocket’s second launch last year, today’s third launch affirmed the Nuri rocket’s flight ca...

GOHEUNG, South Jeolla Province -- South Korea postponed the third launch of the homegrown Nuri rocket due to a software error during the preparation process, the Ministry of Science and ICT said Wednesday. “During the checkup on the low-temperature helium valve control, a problem occurred in the communication between computers that control the launch operation and the launch pad’s equipment. The...

Hanwha Group, South Korea’s seventh-largest conglomerate, stands at the forefront of the country’s efforts to grow and nurture its space industry, as Hanwha Aerospace became the first system integration company to lead the launch of the homegrown Nuri rocket. Hanwha Aerospace won the government bid in December to take charge of upgrading the Nuri rocket, also known as Korea Satellite Launch Vehi...

Hyundai Motor Company has brought back the Pony Coupe Concept vehicle about 50 years after the original vehicle was first showcased at the 1974 Turin Motor Show in Italy to highlight the automaker’s history and heritage. Hyundai Motor unveiled the restored Pony Coupe Concept at the inaugural event for Hyundai Reunion -- a heritage brand platform that reflects on the automaker’s past and its futu...

LG Energy Solution’s top management and Canada’s top leadership including Prime Minister Justin Trudeau discussed ways to resolve the issue of the halted construction of a joint battery plant between the South Korean battery maker and Stellantis in the Canadian province of Ontario, according to an industry source Thursday. “The Canadian prime minister and Canadian government officials sat down w...

Kolon Industries will invest 24 billion won ($18 million) to increase the production of pure monomer resin, or PMR, to cope with the expanding electric vehicle market and the increasing demand for EV tires, the company said Monday. The South Korean chemical and industrial materials maker plans to boost its annual production capacity at the PMR manufacturing plant in Yeosu, South Jeolla Province,...