Korean Air's $50B Boeing Deal: A Giant Leap for Growth

2025-08-27
Korean Air's $50B Boeing Deal: A Giant Leap for Growth

Korean Air announced a massive $50 billion deal with Boeing, its largest-ever investment, to purchase 103 next-generation aircraft, spare engines, and long-term engine maintenance contracts. The agreement, signed during President Lee Jae Myung's visit to Washington, includes various Boeing models (777-9, 787-10, 737-10, and 777-8F freighters) and strengthens ties with the US aviation industry. This strategic move aims to fuel post-Asiana Airlines merger growth, streamline its fleet for improved efficiency and lower emissions, and enhance customer experience.

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US Visa Changes Spark Rise in South Korea's 'Digital Undertaker' Services

2025-06-28
US Visa Changes Spark Rise in South Korea's 'Digital Undertaker' Services

The US Embassy in Seoul has resumed accepting student and exchange visa applications, but with a new requirement: applicants must make all social media accounts public. This has caused anxiety among South Korean students seeking to study in the US, leading many to seek help from 'digital undertaker' services. These services, offered by online reputation management firms, remove potentially damaging posts and photos from social media. The cost ranges from ₩100,000 to millions of won, highlighting the tightening of US visa policies and the impact of social media on personal reputation.

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Samsung Electronics Vice Chairman Han Jong-hee Passes Away

2025-03-25
Samsung Electronics Vice Chairman Han Jong-hee Passes Away

Samsung Electronics Vice Chairman Han Jong-hee passed away from a heart attack on Tuesday at the age of 63. Han held several key positions at Samsung, including head of the LCD TV Lab. In 2021, he was appointed vice chairman and co-CEO, overseeing the company's Device eXperience (DX) division, responsible for its electronics and consumer device businesses. His death is a significant loss for Samsung and the tech industry.

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