The Jamsil L’Elle Association rejected a 26.3 billion won construction cost increase proposed by Lotte Construction. Samsung Biologics will fully separate its contract development and manufacturing organization (CDMO) and biosimilar businesses, establishing a bio-business holding company, ‘Samsung Bioepis Holdings’. The domestic retail market in South Korea is experiencing a ‘winner-takes-all’ phenomenon, with leading companies such as Coupang, E-Mart, and Olive Young becoming increasingly stronger. Global OTT platforms like Netflix, Disney+, and YouTube are continuing their aggressive strategies in the Korean market, while domestic OTT platforms have lost over a million subscribers. Google has launched ‘AI Mode’, enhancing the AI capabilities in its search function.
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Auto-posted at: 2025-05-22 21:06:08