Samsung SDI has won CES 2027 Innovation Award for its prismatic battery solution for uninterruptible power supply (UPS) systems. The battery maker said Tuesday that its SDI U8A3-UPS was named an honoree in the awards’ Enterprise Tech category. A UPS is a battery-based backup system that supplies emergency power to critical facilities, including data centers, when the main power supply is unexpectedly interrupted. "This award recognizes the innovation of a critical power solution for the artificial intelligence era," a company official said. "We will continue to lead the market with products that combine the performance and safety our customers demand." The company explained that its solution stands out for its high-power output, high energy density and fire safety. Using lithium manganese oxide prismatic cells, the battery offers high power output and energy density while taking up 33 percent less space than existing products. This allows operators to maintain a stable power supply with fewer battery units. The system is also designed to provide additional power when electricity demand s

Kolmar Korea's artificial intelligence (AI)-powered lipstick system, ChromaFlow, won the Best of Innovation award in the beauty technology category for CES 2027, marking the first case of consecutive wins in the category, the company said Tuesday. ChromaFlow also received an Innovation Award in the AI category, while its LumiJet Pro skin care device won another award in that category, bringing Kolmar Korea’s total honors at CES 2027 to three across two products. The company said the recognition follows its award for the Scar Beauty Device, an AI-based wound care and makeup coverage device, at CES 2026. It plans to exhibit both award-winning products at the Venetian Expo in Las Vegas during CES 2027, scheduled for Jan. 6 to 9. ChromaFlow is designed to reproduce a lip color while accounting for differences in users’ lip tones, which can affect how the same lipstick shade appears on different people. When held against the lips, an optical sensor analyzes their condition. The system then calculates a customized formula and combines material from seven color cartridges to produce a lip p

The Fair Trade Commission (FTC) has launched a formal review of Naver Financial’s planned acquisition of Dunamu, saying the deal could substantially restrict competition across multiple markets, including online payments and digital asset exchanges, the watchdog said Tuesday. The deal involves a comprehensive stock swap under which Naver Financial would acquire all shares of Dunamu. In return, Dunamu shareholders would receive about 2.54 shares of Naver Financial for each Dunamu share. Dunamu is the operator of the nation’s leading crypto exchange Upbit. If completed, Naver Financial would become Dunamu’s sole parent company, while Dunamu would become its wholly owned subsidiary. The proposed acquisition raises competition concerns in several relevant markets. The companies submitted proposed remedies to ease such concerns, and the FTC initiated a review of the measures proposed by the two firms. Naver Financial seeks to bring one of Korea’s largest digital asset exchanges into its financial portfolio. The watchdog is expected to hold a hearing on the case soon. Final approval, re

Dongwon Industries on Tuesday reported a third-quarter net profit of 62.7 billion won ($46.9 million), down 38.3 percent from a year earlier. Operating income for the July-September period was 149.7 billion won, up 1.1 percent from a year ago, the fisheries and food distribution company said in a regulatory filing. Revenue also rose 6.6 percent to 2.75 trillion won.

Nvidia founder and CEO Jensen Huang has admitted to having an extramarital affair as the chipmaker investigates reported allegations that a Chinese businesswoman close to him may have been working for Beijing’s intelligence services. Beijing has rejected the espionage claims as “baseless”, while Nvidia has said it had no reason to believe company secrets or US national security were compromised. The controversy wiped about US$190 billion off the chipmaker’s market value in a single day. US...

Shubao, the youngest giant panda at Everland, has drawn about 50,000 visitors in roughly 10 days since she first went on public view, the theme park’s operator said Tuesday. Samsung C&T’s resort division, which runs Everland in Yongin, Gyeonggi Province, said the cub began appearing at the park’s Panda World enclosure on Oct. 30. She was on view for about an hour a day in her first week. Everland has since raised that to three to four hours as she gets used to visitors. Shubao was born June 3 to mother Aibao and father Lebao. She is the fourth giant panda born in Korea, after Fubao in 2020 and twins Ruibao and Huibao in 2023. Fubao moved to China in April 2024. Crowds are also coming to see the twins before they leave for China in the third week of December. Under international conservation rules, giant pandas born outside China must move there before they turn 4, when they reach breeding age. About 100,000 people have visited the twins at their enclosure in the month or so since Everland announced their departure. The twins will start a month of quarantine on Friday, but will stay

The event is set to take place in June 2027, with tickets coming out at the end of November 2026.

The Fair Trade Commission (FTC) has launched a formal review of Naver Financial’s planned acquisition of Dunamu, saying the deal could substantially restrict competition across multiple markets, including online payments and digital asset exchanges, the watchdog said Tuesday. The deal involves a comprehensive stock swap under which Naver Financial would acquire all shares of Dunamu. In return, Dunamu shareholders would receive about 2.54 shares of Naver Financial for each Dunamu share. Dunamu is the operator of the nation’s leading crypto exchange Upbit. If completed, Naver Financial would become Dunamu’s sole parent company, while Dunamu would become its wholly owned subsidiary. The proposed merger raises competition concerns in several relevant markets. The companies reported their corrective measures to ease such concerns, and the FTC initiated a review of the measured proposed by the two firms. Naver Financial seeks to bring one of Korea’s largest digital asset exchanges under its financial portfolio. The watchdog is expected to hold a hearing on the case soon. Final approval,

Freezers in dozens of stores across at least 11 countries were cranked up remotely, in a hack that cost less than $10. It should worry Australians.

Scott Farquhar and Mike Cannon-Brookes once held equal stakes in the software giant, but Farquhar is now selling shares, while Cannon-Brookes buys up.