John L. Perez, senior vice president at AstraZeneca, says immunocompromised people continue to fill up hospitals

The key to competitive edge, especially in times of crisis, is Samsung's relentless investment push for a stronger research and development capability, Kyung said. "The chip down cycle is likely to persist in the second half, and now I don't see a momentum for a rebound in the next year to come," Kyung said. "But I believe that consistency in investment plan regardless of the prospects of the u...

The James Dyson Foundation, global home appliance company Dyson's charity arm, announced Wednesday the local recipients of the James Dyson Awards 2022, an engineering competition held both locally and internationally to provide opportunities for young engineers to showcase their ideas on a global stage. Of the 125 entries, a team of students from Hongik University took first place for designing ...

South Korean memory chip giant SK hynix announced on Tuesday plans to build a new memory chip fab in Cheongju, North Chungcheong Province by early 2025 and spend 15 trillion won ($10.9 billion) in the next five years on the new site. The new two-story fab on 60,000 square meters of land, called M15X, will start construction in October. The new plant will be an expansion of the existing M15 line ...

Four family members of South Korea's largest conglomerate, including Samsung Electronics Vice Chairman Lee Jae-yong, have received a combined 235.46 billion won ($171.4 million) in dividends from Samsung Electronics in the first half, data showed Tuesday. Among them, Hong Ra-hee, Samsung Electronics' de facto leader Lee's mother and wife of the late ex-Samsung Chairman Lee Kun-hee, fetched 84.82...

South Korean enterprise software developer Tmax Group on Tuesday unveiled plans to launch a tool through which enterprise clients can build business apps tailored to their own needs without writing code. SuperApp Studio, an app-building tool that Tmax believes can become a Korean equivalent to Microsoft's Power App or Amazon's HoneyCode, will be designed to allow people without knowledge of prog...

A committee of experts said Tuesday that the algorithm of Kakao Mobility’s taxi-hailing application -- Kakao T -- does not favor its affiliated cabs known as Kakao T Blue in the process of matching passengers with taxi drivers. The experts’ analysis came amid the Fair Trade Commission’s ongoing case against Kakao Mobility over allegations that the ride-calling app operator intentionally assigned...

Kakao Entertainment -- a content subsidiary of South Korean IT giant Kakao -- has launched Tapas Entertainment to accelerate the expansion of its content businesses in North America, the company said Monday. Tapas Entertainment was established after a merger between Tapas Media, the first webtoon platform in North America, and Radish Media, a leading US web novel company, was completed on Aug. 5...

Combined with industrywide risks like memory chip oversupply, price cuts and the resulting decline in monthly chip exports for the first time in 26 months in August, the increasing competition posed by Chinese entities is stoking fears of a domestic chip industry downturn that could last more than two years. The KCCI survey showed that nearly 60 percent of experts said the chip industry crisis is...

Samsung Electronics on Monday pledged to take energy efficiency of its consumer electronics goods to the next level, supported by a combination of technologies from artificial intelligence to connected homes, during Europe's biggest tech show IFA 2022 that wraps up Tuesday. The cutting-edge technologies will allow Samsung to sell the most energy efficient refrigerators and washers among all prod...

South Korea's unmanned space vehicle Danuri has successfully undergone a trajectory correction maneuver (TCM), a critical procedure in the lunar orbiter's travel to the moon for the country's first lunar mission. Danuri, also known as the Korea Pathfinder Lunar Orbiter, was launched last month aboard a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in the U.S. state of Florida fo...

BERLIN – Samsung Electronics will focus on upgrading foldable phones and enhancing their user experience for now, despite their extensive study on diverse smartphone form factors such as rollable and slide types, according to a senior executive who oversees research and development for mobile devices. “Technically, we are studying all form factors. But now our top priority is upgrading the curre...

BERLIN – LG Electronics, the dominant No. 1 firm in the OLED TV market, said Saturday it aims to further widen its gap with rivals by offering a more diversified product lineup that meets different consumer demands. According to market tracker Omdia, Europe is the largest OLED TV market, making up more than 50 percent of global shipments. In the region, LG’s market share was a whopping 65.8 perc...

Coway is showcasing its latest lineup of air and water purifiers at Europe’s largest home appliances tech show IFA 2022, the South Korean company said Friday. Coway’s on-display products at the event’s exhibition booth in Berlin include 14 air purifiers and eight water purifiers with the newest air purifiers Coway Airmega taking the spotlight. “The Coway Airmega range is consistently recognized...

Researchers develop world’s first climate recovery map