LG Uplus Corp., South Korea's third-largest mobile carrier, said Tuesday it plans to release a limited Samsung Galaxy S22 smartphone model themed on the newly released "Diablo Immortal" mobile game by Blizzard Entertainment Inc. LG Uplus said it plans to exclusively sell 100 units of the Galaxy S22 Diablo Immortal Package to customers selected through an online lottery across the world. The company will accept applications through its official online mall starting at 7 p.m. Friday

South Korean food and beverage giant SPC Group said Tuesday it has acquired French restaurant chain Lina's to ramp up its global business. SPC Group, operator of bakery chain Paris Baguette, said its European holding company SPC Euro bought a 100 percent stake in Lina's Developpement, the owner and operator of the restaurant chain that offers sandwiches, salads and specialty coffees. Lina's, founded in 1989 in Paris, is operating in three countries: South Korea, Columbia and Leban

Sales of imported vehicles in South Korea fell 2.4 percent last month from a year earlier as a chip shortage continued to affect vehicle production, an industry association said Tuesday. The number of newly registered foreign vehicles stood at 23,512 units last month, down from 24,080 units a year ago, the Korea Automobile Importers & Distributors Association (KAIDA) said in a statement. The three bestselling models last month were Mercedes-Benz's E 350 4MATIC sedan, Mercedes-Benz's E

GM Korea’s new chief executive Roberto Rempel has made his first on-site inspection to the carmaker‘s No. 1 Bupyeong plant early this month, officials said Monday, making a leadership change official within the US company’s operation in South Korea. The new CEO, however, faces a series of challenges ahead. The carmaker has been making a last-ditch effort to restore its market share amid rumors circulating that it is already in the process of leaving the country. The urgent tas

Samsung Electronics Vice Chairman Lee Jae-yong is poised to embark on a two-week trip to Europe on Tuesday, highlighting the South Korean chip-to-consumer electronics giant’s need for a breakthrough. Also under the spotlight is whether the largest conglomerate in Korea would be looking to secure a new growth driver in Europe, coupled with Samsung‘s fresh investment pledge announced earlier in May. The Seoul Central District Court on Thursday approved Lee’s absence from the t

Hyundai Motor‘s hybrid vehicle, i20 N Rally1, is seen racing at the fifth round of the 2022 World Rally Championship held on the Italian island of Sardinia between Thursday and Sunday. Two drivers in Hyundai‘s world rally team came in first and third, awarding the South Korean carmaker its fifth win at the championship’s Italian events. The 2022 WRC is the first year in the championship’s history where hybrid electric-powered units fully replaced internal combustion engin

Fast-food chain McDonald’s Korea said Monday that it has relaunched its limited edition side menu McWings. McWings is a fried chicken snack that comes with a complimentary dipping sauce. First released in 2014, McWings created a fad in 2019 when it sold out earlier than expected. It has since become a favorite seasonal menu among chicken maniacs for its crispiness and salty flavor, according to the burger franchise. “McDonald’s is presenting a wide range of chicken menus, i

Tilda, a virtual artist powered by the artificial intelligence engine of South Korean conglomerate LG, has showcased 30 upcycled clothing designs on World Environment Day that fell on Sunday, according to the company Monday. The collection on the metaverse comprising 13 jackets, 14 trousers and three hats, dubbed the “Digital Upcycling Project,” was designed to highlight using digital waste to reduce carbon footprint. In its first solo fashion collection, Tilda combined digital w

Hyundai Motor Co. said Monday the accumulated sales of its independent Genesis brand models exceeded 700,000 units last month despite the prolonged chip shortage. The South Korean carmaker sold 699,751 Genesis vehicles, including 188,547 overseas sales, from its launch in November 2015 to end-April this year, according to Hyundai's sales data. In May, the carmaker sold an additional 12,234 units of Genesis models in the domestic market, bringing cumulative sales to 711,985 units, the data s

South Korean chicken burger chain Mom’s Touch is searching for a new owner following its delisting from the nation’s second bourse Kosdaq on Tuesday. Its largest shareholder, local private equity firm Korea F&B Holdings, plans to buy shares at 62,000 won apiece for the next six months in order to protect minority shareholders. Following its delisting, industry watchers say sell-off talks are also expected to gain momentum. “Listed companies have legal obligations suc

The country’s largest air carrier Korean Air will develop common bulkhead propellant tanks for small satellite launch vehicles by 2027 as part of the Ministry of Science and ICT’s Space Pioneer project, the company said Friday.  Under a ministry-led program, some 211.5 billion won ($170 million) will be spent until 2030 on developing the country’s bulkhead propellant tanks for small satellite launch vehicles, a device for umbilical release and mobile launch pad, as well

South Korea’s Transport Ministry said Friday that it would lift restrictions on the operation of international flights and also expand the number of outbound routes, getting ready to go back to pre-pandemic status. Authorities said measures for aviation industry’s normalization will be applied from Wednesday. The ministry has approved some 762 international flights per week for June, 230 more flights added compared to in May, but said it was also willing to give more approvals if

Hyundai Motor Co. and its affiliate Kia Corp. said Friday their combined sales in the United States fell 31 percent last month from a year earlier amid the prolonged chip shortage. Hyundai and Kia sold 117,373 vehicles in the world's most important automobile market in May compared with 170,315 units a year ago, according to the companies' sales data. Hyundai's sales plunged 34 percent to 59,432 units last month from 90,017 a year ago, while Kia's declined 28 percent to 57,94

LG Group said Thursday it has partnered with the Guggenheim Museum, a world-renowned modern and contemporary art museum in New York, to spur innovation in the art world using its technological prowess. The nation’s fourth-largest conglomerate plans to discover and support the convergence of advanced technology and art, and also financially support emerging innovative artists through this partnership. In collaboration with the Guggenheim Museum which is located in New York City, Abu Dhab

BMW’s M division vehicles are on display at the BMW Driving Center located in Yeongjongdo, Incheon, on Thursday. BMW Korea plans to hold a series of promotional events, including a special exhibition at the center to celebrate the 50th anniversary of the German carmaker’s high-performance motorsport brand for the next two months. (BMW Korea)