Samsung Bioepis new drugs
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Samsung Group
Samsung's Lee to redefine growth roadmap with focus on new drivers
Samsung Group leader Lee Jae-yong wrapped up a 22-day US business trip on Friday after meeting with nearly two dozen chief executives of multination...
May 12, 2023 (Gmt+09:00)
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Entertainment
YG’s new girl group lifts stock price to decade high
YG Entertainment Inc., the K-pop label behind global sensation Blackpink, saw its stock hitting the highest point in more than 10 years as a new gro...
May 12, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong Pharmaceutical’s cumulative tech exports exceed $870 mn
South Korea’s Daewoong Pharmaceutical said on Friday that it had concluded three technology export agreements for new drugs and new drug candi...
May 12, 2023 (Gmt+09:00)
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Steel
Jang Se-joo returns as Dongkuk chairman, launches holding firm
Jang Se-joo, former chairman of South Korea’s Dongkuk Steel Mill Co., has returned to the top post after an eight-year hiatus as the steelmake...
May 12, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung develops 128GB DRAM for data intensive applications
Samsung Electronics Co. said on Friday it has developed the industry’s first 128-gigabyte DRAM based on the compute express link (CXL) 2.0 mem...
May 12, 2023 (Gmt+09:00)
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Entertainment
CJ ENM’s OTT platform TVing: White elephant or new cash cow?
CJ ENM Co. is the undisputed No. 1 movie producer and distributor in South Korea, having sponsored numerous awards-wining films such as “Paras...
May 12, 2023 (Gmt+09:00)
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Cloud computing
Korean KT Cloud to raise $452 mn from IMM via rights offering
KT Cloud Corp., a subsidiary of South Korea’s telecom giant KT Corp., is set to raise 600 billion won ($452 million) from a unit of Seoul-base...
May 11, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to invest $2.6 bn in quantum technology by 2035
South Korea will spend 3.5 trillion won ($2.6 billion) on quantum science and technology development by 2035 in partnership with the country’s...
May 11, 2023 (Gmt+09:00)
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Electronics
Samsung’s new Bespoke line: It's time of reckoning for device chief
Han Jong-hee, Samsung Electronics Co.'s vice chairman, has been in charge of the South Korean tech giant’s digital experience or DX division, ...
May 11, 2023 (Gmt+09:00)
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Supply chain
Samsung SDS, Emro, US-based o9 Solutions to collaborate on SaaS
South Korea's Samsung SDS Co. announced on Thursday that it has entered into strategic partnerships with o9 Solutions, a leading supply chain platfo...
May 11, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics to open flagship store in Seoul's Gangnam district
Samsung Electronics Co. in late June will open its new flagship store Samsung Gangnam near Gangnam Station, a posh area of Seoul.Sources from the in...
May 11, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to fill the void as TSMC trims spending?
While the world’s largest foundry chipmaker TSMC Co. appears to be slowing its pace of facility investment to cope with excess inventory, its ...
May 10, 2023 (Gmt+09:00)
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Business & Politics
US eyes new rules for Samsung, SK to bring chip machines to China
The US government is considering establishing new rules for South Korea’s chipmakers to import advanced equipment to China to upgrade their fa...
May 10, 2023 (Gmt+09:00)
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Electronics
China’s BOE files patent lawsuits against Samsung
China’s BOE Technology has filed patent infringement lawsuits against Samsung Display Co., Samsung Display’s Chinese corporation and Sam...
May 10, 2023 (Gmt+09:00)
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Labor union
Labor union threatens to shame Samsung Elec in show of brinkmanship
Samsung Electronics Co.'s biggest labor union under one of South Korea’s two major trade unions is objecting to the latest wage deal signed la...
May 09, 2023 (Gmt+09:00)
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Electronics
Samsung’s H2 new tablet launch to close gap on market leader iPad
Samsung Electronics Co., the second-largest player in the global tablet market, is aiming to narrow the gap with industry leader Apple Inc. with its...
May 09, 2023 (Gmt+09:00)
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Bio & Pharma
Lemonex signs MOU with WHO mRNA vaccines tech hub
South Korea's gene therapeutics developer Lemonex announced on Tuesday that it has signed a memorandum of understanding (MOU) with the World Health ...
May 09, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea’s beauty brand Laneige enters UK, Middle East market
Amorepacific Corp.'s cosmetic brand Laneige announced on Tuesday that it is accelerating its global business expansion by entering the UK and Middle...
May 09, 2023 (Gmt+09:00)
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Electronics
Samsung, LG step up competition for smart TV content
The world’s two largest TV makers Samsung Electronics Co. and LG Electronics Inc. are scrambling to boost their smart TV content to make up fo...
May 08, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience to produce MSD’s new Ebola vaccine candidate
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Monday that it has signed a contract with MSD, a global pharma...
May 08, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung to nurture biotech as next growth engine after chips: Lee
Samsung Group leader Lee Jae-yong, currently in the US, has vowed to make biotechnology the conglomerate’s second core strategic business afte...
May 08, 2023 (Gmt+09:00)
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The Deep Dive
Hyundai’s quantum leap: how it shines through in crisis
Hyundai Motor Co. and its affiliate Kia Corp. are slated to log a combined 150 million units of car sales this month. The carmakers of Hyundai Motor...
May 07, 2023 (Gmt+09:00)
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Electronics
Samsung to unveil new foldables in July to boost Q3 profit
Samsung Electronics Co. is set to unveil fifth-generation of its foldable smartphones at the end of July, about two weeks earlier than it had showca...
May 05, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics to overtake TSMC within 5 years: chip president
DAEJEON – Samsung Electronics Co. will be able to overtake bigger foundry rival Taiwan Semiconductor Manufacturing Co. (TSMC) at the leading e...
May 04, 2023 (Gmt+09:00)
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Hydrogen economy
Samsung, Hyundai, others to use hydrogen buses for commute
Samsung Electronics Co., Hyundai Motor Co., SK Hynix Inc., POSCO Holdings Inc., SK E&S, POSCO E&C and SK Siltron have agreed to replace thei...
May 04, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung unveils new Galaxy Watch OS with enhanced sleep management
Samsung Electronics Co. revealed on Thursday its new operating system, One UI Watch 5, for its Galaxy Watch series. The updated OS includes improved...
May 04, 2023 (Gmt+09:00)
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Regulations
Samsung vetoes Broadcom's proposed measures to avoid Korean penalties
Samsung Electronics Co. and other South Korean tech companies opposed measures proposed by Broadcom Inc. to avoid penalties by the country’s a...
May 04, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals gets marketing approval for epilepsy drug in Israel
South Korea’s SK Biopharmaceuticals said on Wednesday that the Israeli Ministry of Health has approved the company's new drug application (NDA...
May 03, 2023 (Gmt+09:00)
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Mergers & Acquisitions
LG Chem in talks with Glenwood to sell off diagnostics unit
LG Chem Ltd. is slated for exclusive talks with Seoul-based Glenwood Private Equity to sell off its in vitro diagnostics business, according to biop...
May 03, 2023 (Gmt+09:00)
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Artificial intelligence
Spooked by data leak, Samsung bans use of ChatGPT, other AI tools
Alarmed by a recent accidental data leak, Samsung Electronics Co. has banned one of its biggest business divisions from using ChatGPT and other gene...
May 02, 2023 (Gmt+09:00)
Latest News
- 1 LG to invest $762 mn in webOS to transform into platform-based tech giant
- 2 S.Korea to offer incentives to attract foreign scientists
- 3 Vinyl boom shows no sign of abating in South Korea
- 4 Uniqlo expands in Korea as No-Japanese boycott wanes
- 5 Seoul rejects Elliott’s $20 mn claim against Samsung C&T