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South Korea’s SK On Turns to Defense Batteries in Bid to Diversify Beyond Electric Vehicles

South Korea’s SK On Turns to Defense Batteries in Bid to Diversify Beyond Electric Vehicles

Photo=SK On SK On, a South Korean battery maker best known for supplying electric-vehicle batteries to global automakers, is moving into the defense sector as it seeks new growth engines beyond a slowing EV market—marking a rare push by a Korean company to compete in military-grade energy systems. The company, an affiliate of SK Group, is in talks with U.S.

Feb 4 2026
11:00 AM PST
A Political Shock Accelerates Private-Label Economics in South Korea

A Political Shock Accelerates Private-Label Economics in South Korea

(Photo=Coupang) The price of sanitary pads is rarely a catalyst for market disruption. In South Korea, it became one almost overnight. What changed was not consumer demand or raw-material costs, but a political signal. When President Lee Jae-myung publicly questioned why sanitary pads cost as much as 40% more domestically than in overseas markets, he pointed not to factories but

Feb 4 2026
08:00 AM PST
South Korea’s Shin Ramyun Finds a Wider Audience in Europe

South Korea’s Shin Ramyun Finds a Wider Audience in Europe

(Photo=Nongshim) Nongshim’s flagship instant noodle brand Shin Ramyun is gaining traction in France beyond its traditional base of Asian expatriate consumers, signaling a broader acceptance of Korean food products among European shoppers. In France, Shin Ramyun has emerged as one of the most widely recognized Korean instant noodles, increasingly consumed not as a niche ethnic product but as an everyday

Feb 3 2026
08:43 PM PST
Celltrion Gains Ground in Spain With First-to-Market Omalizumab Biosimilar

Celltrion Gains Ground in Spain With First-to-Market Omalizumab Biosimilar

(Photo=Celltrion) Celltrion is accelerating its push into Europe’s biosimilar market as Omlyclo, its first-to-market omalizumab biosimilar, gains traction in Spain following a series of public tender wins in key regions. The South Korea–based biopharmaceutical company said its Spanish unit was selected as the top-ranked supplier in a major public procurement tender in Catalonia late last year, marking the product’s first

Feb 3 2026
06:07 PM PST
South Korean Actors Face Scrutiny Over Alleged Tax Practices Using Family-Owned Firms

South Korean Actors Face Scrutiny Over Alleged Tax Practices Using Family-Owned Firms

Photo=Instagram Two prominent South Korean actors are facing growing public scrutiny following media reports alleging aggressive tax practices involving family-owned corporations, renewing debate over how celebrities manage income through closely held entities. Local media reported on February 1 (local time) that actor Kim Seon-ho is under investigation for allegedly using a family-run company to reduce tax liabilities, shortly after similar

Feb 3 2026
01:00 PM PST