South Korean health care company Boryung has launched a global space initiative to advance human activities in space with industry-leading partners, the company said Tuesday. Boryung has joined hands with Axiom Space, a US commercial space station developer, and the Space Exploration Initiative, a research institute at the Massachusetts Institute of Technology, for the Humans in Space program. The HIS program marks the second global-scale space project for Boryung, after the South Korean health

South Korea’s privacy watchdog is gearing up to post new guidelines next month mandating user consent for personalized online ads hosted by advertisers in Korea. Under the proposed regulation, currently being drafted by the Personal Information Protection Commission, users would be obliged to opt in or out of personalized ads each time they navigate a new online page, regardless of login and membership status. “The guideline is not confirmed, and we are still in the stage of soliciti

SK Bioscience announced on Tuesday that its COVID-19 vaccine SKYCovione received approval from the UK Medicines and Healthcare products Regulatory Agency. SKYCovione has been approved for first and second primary series doses for adults aged 18 and over in England, Scotland and Wales, SK Bioscience added. SKYCovione is a recombinant antigen-based COVID-19 vaccine, jointly developed with the Institute for Protein Design at the University of Washington. The vaccine also contains GlaxoSmithKline&rs

Chinese propaganda media urges Korean chipmakers to fill up gap of US chipmaker

SK hynix said Tuesday that it has completed the development of the industry’s most advanced 10-nanometer technology-based DDR5 DRAM for servers and has entered a validation process together with US chip giant Intel. The latest fifth-generation DDR5 DRAM is the first of its generation being tested at the Intel Data Center Certified memory program for DDR5 products to run on Intel Xeon Scalable platforms. The chips boast an operating speed of 6.4 gigabits per second, the fastest speed amon

Samsung Electronics said Monday it is offering a self-repair service program in South Korea for key products, including Galaxy smartphones, laptops and TVs, following the program's debut in the US last year. Under the program, the tech giant allows consumers to purchase parts and tools online to repair their devices themselves without having to visit a service center. The first products in the lineup for the service include the Galaxy S20, S21 and S22 smartphones, Galaxy Book Pro laptops an

LG Electronics said Monday it recently donated energy-efficient air conditioners to a general hospital in Nigeria as part of its ongoing social contribution activities in the region. Africa, along with the Middle East, is one of the fastest-growing markets for the Korean tech giant. Its air conditioners alone posted more than 20 percent growth in sales last year.

Unmanned Exploration Laboratory works on crafting space-level roving vehicles

  With South Korea’s homegrown Nuri rocket’s successful launch to space, five out of eight satellites carried on board made two-way communication with ground stations, the Ministry of Science and ICT said Friday. The country’s King Sejong Station in Antarctica received the first signal from the main payload NEXTSat-2 or second next-generation small satellite at 7:07 p.m. Thursday, according to the ministry. A ground station in Daejeon also made contact with the satellite a

Celltrion said Friday that the company has submitted a marketing authorization application for CT-P43, the company's ustekinumab biosimilar referencing Stelara, to the European Medicines Agency. Stelara is one of Janssen's top-selling drugs. In 2022, Stelara generated $9.7 billion in revenue, according to a report released by Statista. The global market for ustekinumab last year was estimated at $17.7 billion, Celltrion added. Celltrion said its CT-P43, like the reference drug Stelara,

South Korean internet giant Naver has carried out an extensive renewal of the interface of its search engine to maximize user experience for super-personalized results based on artificial intelligence, the company said Friday. Naver, which operates the country’s No. 1 web portal and search engine, said it has optimized the platform for AI search, responding to rising competition with the emergence of generative AI. Naver adopted the “Air Search” algorithm for its search engine

LG Electronics said Thursday it has kicked off mass production of electric vehicle chargers, officially tapping into the burgeoning market. Celebrating the production of its first EV charger, the company introduced four new models in the works at a ceremony at LG Digital Park in Pyeongtaek, Gyeonggi Province, Wednesday. During the event, the company announced the rebranding of its EV charger affiliate AppleMango to HiEV Charger. “The start of EV charger production marks a significant miles

Celltrion's adalimumab biosimilar CT-P17 has been approved the US Food and Drug Administration, the company announced Wednesday. CT-P17, also known as Yuflyma, is the world’s first high-concentration, low-volume and citrate-free biosimilar of Humira, an injectable treatment for rheumatoid arthritis and other autoimmune conditions. Celltrion said CT-P17 had been approved as a treatment for multiple chronic inflammatory diseases, including rheumatoid arthritis, inflammatory bowel diseas

South Korean internet giant Naver was reportedly suffering service malfunctions in major regions in China on Wednesday, fueling speculation that the Chinese authorities might be limiting people's access to the neighboring country’s dominant search engine. “We have confirmed that connection to our services, including using email and the search function, is not properly working there. But it is hard to tell for now whether China is intentionally blocking access or if it is just a

Samsung, SK hynix in tricky position amid escalating Washington-Beijing tech rivalry