Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Medical reform committee kicks off despite boycott from doctors
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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DP leader says he will meet Yoon without conditions
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Over 9,000 hotline calls made by stalking victims in 2023
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Monthly users on local streaming platforms outpace Netflix, Disney+
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US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
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Typing without keyboard becomes reality
A group of researchers led by South Korean scientists have developed the world’s first meta-learning electric skin technology that enables typing without a keyboard, the Ministry of Science and ICT said Wednesday. The research team of Jo Sung-ho, a computing professor at Korea Advanced Institute of Science and Technology, Ko Seung-hwan, a mechanical engineering professor at Seoul National University and Zhenan Bao, a chemical engineering professor at Stanford, came up with a “spray-o
Dec. 29, 2022
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[Photo News] Convertible Laptop
Samsung Electronics on Wednesday unveiled its Galaxy Book2 Pro 360, a 2-in-1 laptop with a 360-degree hinge that flips from PC to tablet in a snap, while offering a touch screen and S Pen. The product is equipped with the Qualcomm Snapdragon 8cx Gen 3 processor. It rolls out on Jan. 16.
Dec. 28, 2022
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Samsung CEOs hold rare meeting amid recession woes next year
South Korea’s largest conglomerate Samsung Group recently held a rare gathering of CEOs of all affiliates in an apparent move to ramp up preparedness for a global economic downturn next year coupled with falling chip prices, unfavorable currency rates and further rate hikes, according to industry sources on Wednesday. The high-level meeting was convened at the Samsung Electronics Leadership Center in Yongin, Gyeonggi Province on Monday, according to industry sources who wished to remain
Dec. 28, 2022
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[Newsmaker] Danuri successfully enters lunar orbit
South Korea’s first lunar mission Danuri has successfully entered lunar orbit, the Ministry of Science and ICT and the Korea Aerospace Research Institute said Wednesday. With Danuri’s successful entrance into lunar orbit, South Korea has become the seventh country in the world to have capability to explore the moon. Danuri, also known as the Korea Pathfinder Lunar Orbiter, began circling around the moon at the targeted orbit altitude of some 100 kilometers above the lunar surface on
Dec. 28, 2022
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[Photo News] Futuristic cockpit
LG Display said Wednesday it will showcase a futuristic digital cockpit using plastic-based organic light-emitting diode panels at the upcoming CES trade show in Las Vegas next month. Themed around “Advanced Mobility Lifestyle,” the display maker plans to set up an exhibition booth exclusively for automotive clients, including carmakers and parts makers. (LG Display)
Dec. 28, 2022
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LG to debut ThinQ UP upgradable appliances in US
LG Electronics said Tuesday it is launching its “upgradable” home appliance brand LG ThinQ UP in overseas markets, starting with the US. Debuted as UP Appliance in Korea in January, the brand allows customers to add new features to their existing LG appliances through software updates. Currently, the product lineup consists of 24 different appliances, including washing machines, refrigerators, dryers and dishwashers. As of December, over 120 upgrades are available in Korea. Largely b
Dec. 28, 2022
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Genshin Impact-themed Samsung foldable phones sell out in 14 minutes
Genshin Impact, an open-world action role-playing game, or RPG, has demonstrated its popularity once again as the game-inspired Samsung Electronics foldable smartphones and earbuds sold out shortly after they went on sale last week. According to Chinese game and animation studio HoYoverse, the 100 units of the Genshin Impact edition of the Galaxy Z Fold 4 and the 200 units of the game-themed Buds 2 Pro earbuds were all gone only 14 minutes after they became available for purchase on Samsung'
Dec. 28, 2022
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Bold goals set to tackle trade loss next year
South Korea on Tuesday laid out a set of bold goals to support private-sector-led growth in 2023, promising financial aid to achieve a trade surplus and attract foreign investment in a bid to minimize the impacts of a global economic slowdown. While 2023 is expected to be challenging for the economy amid growing uncertainties in the global market, the government said it will achieve $680 billion in exports and attract more than $30 billion of foreign investment, while investing some 100 trillion
Dec. 27, 2022
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Samsung drives 63% surge in foldable phone sales in Q3
Global shipments of foldable smartphones shot up more than 60 percent in the third quarter this year, despite the stagnant smartphone market, owing to high sales of Samsung Electronics’ foldable devices, according to industry tracker Counterpoint Research on Tuesday. From July to September, foldable smartphone shipments worldwide surged about 63 percent on-year to 6.08 million units. Although the global smartphone market posted stagnant sales, foldable items accounted for 2 percent of th
Dec. 27, 2022
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Hyundai Heavy Industries renames itself HD Hyundai
Hyundai Heavy Industries Group said Monday it is rebranding as HD Hyundai, opening a new chapter in its 50-year history as the nation’s top shipbuilder. The group also unveiled its new mission for the future -- to “pursue innovation that leads the era, and constantly challenge itself to pioneer the future of humanity” -- during its 50th anniversary ceremony held at a research and development center in Pangyo, Gyeonggi Province. It presented a vision for each of its three key bu
Dec. 26, 2022
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'Half-baked' chips act falls short of drastic corporate tax cuts
South Korea last week passed a revision bill being deemed the "Korean chips act," expanding tax benefits for investments in the semiconductors industry. But the bill has done little to appease stakeholders in the industry, who said the increased tax cuts are too little to boost their competitiveness against other countries that have adopted their own chips laws. The National Assembly on Friday passed the revision bill to the Restriction of Special Taxation Act, which raised the corpora
Dec. 25, 2022
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Celltrion submits FDA application for CT-P13 SC
Celltrion announced Friday that it completed submission of a biologics license application for subcutaneous version of biosimilar to anti-inflammatory medicine Remicade the US drug regulator. CT-P13 SC, or Remsima SC, is Celltrion’s subcutaneous formulation of the company’s infliximab biosimilar referencing Johnson & Johnson’s rheumatoid arthritis treatment Remicade. CT-P13 SC is the world’s first SC formulation of biosimilar infliximab, which has earned sales approva
Dec. 23, 2022
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LegoChem Biosciences inks W1.6t out-licensing deal with Amgen
LegoChem Biosciences, a South Korean drug company, announced on Friday that the company signed a technology transfer agreement with US multinational biopharmaceutical company Amgen to transfer antibody-drug conjugate technology. The contract could potentially be worth 1.6 trillion won ($1.2 billion), the Korean firm stated in a public disclosure. ADC is a medicine that can deliver highly potent chemotherapy agents to kill cancer cells. Under the contract, LegoChem Biosciences will transfer an an
Dec. 23, 2022
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Two Korean firms eye Lucentis' W32b market with biosimilars
Samsung Bioepis and Chong Kun Dang are expected to launch their biosimilar versions of Lucentis, an age-related macular degeneration, or AMD, medicine sold by Novartis and Roche, according to industry sources as reported in local media on Thursday. AMD is an eye disease that can blur a patient's central vision. In terms of sales, the local market for AMD medicines is estimated to reach around 32 billion won ($25 million) as of last year, while the global market is estimated to be worth 4.4
Dec. 22, 2022
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[Photo News] Color of 2023
LG Electronics introduces "viva magenta," the color selected by Pantone as the color of 2023, for its chameleon four-door fridge MoodUp in the high-end Objet Collection. The tech giant added the new color to the self-illuminating doors of MoodUP, which uses light-emitting diodes. With the addition, the model is able to light up in 23 colors, according to the company.
Dec. 22, 2022
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LG Innotek to unveil most advanced optical zoom module for smartphones
LG Innotek said Thursday it will unveil the most advanced ultra-compact optical zoom camera module for smartphones, at the upcoming Consumer Electronics Show in Las Vegas early next month. The electronic parts supplier said it has succeeded in developing an optical telephoto zoom camera module that enables telephoto cameras for mobile devices to zoom four to nine times without causing image degradation. The new camera module is the world's first to apply the zoom lens mechanism of a mirrorl
Dec. 22, 2022
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SK to offer glimpse of daily life in carbon-neutral future
SK Inc., the strategic investment arm of SK Group, said Wednesday it will present a glimpse of the future drawn by its “carbon-neutral” technologies at the upcoming Consumer Electronics Show in Las Vegas early next month. SK Inc.’s showroom at the trade show will exhibit its envisioned energy life cycle encompassing production to consumption, that cuts the energy usage with its advanced eco-friendly technologies. Their technologies will include a next-generation sodium-cooled f
Dec. 21, 2022
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Hyundai Mobis teams up with Israel’s Ottopia for autonomous driving solution
South Korean auto parts maker Hyundai Mobis said Wednesday it has teamed up with Israeli teleoperations startup Ottopia to develop remote mobility assistance solutions for autonomous vehicles. The RMA solution is a technology that allows mobility companies to remotely control the movements and routes of uncrewed vehicles. The technology is especially effective in responding to emergency situations in real time both for industrial and commercial vehicles. The company said it is developing the tec
Dec. 21, 2022
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LG chief stresses customer values in New Year’s message
LG Group Chairman and CEO Koo Kwang-mo urged the company's staff and executives to take the lead in creating customer-friendly values, calling them “customer value creators,” in his New Year’s speech for 2023, Tuesday. Delivering the video speech via email to staff around the world, Koo said employees should promote the "virtuous cycle" of growth -- where staff members’ personal growth create touching experiences for users, which in turn accumulate to suppo
Dec. 20, 2022
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Samsung chief heading to Vietnam to inspect new R&D center
Samsung Electronics Chairman Lee Jae-yong is expected to head to Vietnam this week to celebrate the completion of the company’s new research and development center, according to industry sources on Tuesday. Upon the meeting, sources say, the Samsung chief is also likely to hold a meeting with Vietnamese President Nguyen Xuan Phuc. The ceremony is scheduled to be held on Thursday in Hanoi, with key officials of the Vietnamese government in attendance. In order to attend the ceremony, Lee ca
Dec. 20, 2022