Non-fungible artworks by renowned artist Barry X Ball are showcased on LG Electronics’ digital billboard in iconic Times Square in New York City on Sunday. The attached QR code allows visitors to experience the tech giant’s NFT art trade platform LG Art Lab.

SAN FRANCISCO -- Samsung Electronics unveiled the new Galaxy S23 smartphones, the latest lineup of its flagship S series, on Wednesday, putting much emphasis on enhanced camera functions -- a secret weapon to fight against its archrival, Apple. “We’ve enhanced our camera system that allows users to take the best photos and videos in any environment. … The Galaxy S23 series not only comes with a ...

Race to advance AI-powered search engines heats up as Microsoft bets big on ChatGPT to upgrade Bing

Korean biopharmaceutical firm SK Bioscience is expected to log a sharp decline in its sales and operating profit for 2022, as demand wanes for COVID-19 vaccines, its key source of revenue, according to a report from a local securities firm on Friday. The company’s annual sales for last year are expected to drop 49 percent on-year to 474.2 billion won ($385.7 million), while its operating profit ...

Mobile chief confident in tackling mobile slump with S23 series without drastic price hikes

Tech giant holds first in-person unveiling event for flagship phones after 3 years of pandemic disruptions

The combination use of Jiangsu Hengrui Medicine’s camrelizumab and HLB Bio’s rivoceranib has received a novel drug approval from the National Medical Products Administration of China, HLB Bio announced Wednesday. With the approval, the camrelizumab-rivoceranib combination can be used as the first-line treatment for patients with unresectable hepatocellular carcinoma in China. The approval was g...

A Galaxy Experience Space at Powell Street, San Francisco is seen Tuesday, one day before Samsung Electronics unveils its latest flagship Galaxy S smartphone lineup in the US city. The tech giant plans to operate a total of 29 interactive experience spaces in key cities on Wednesday to allow visitors to try out its new smartphones and other mobile devices.

Korean contract manufacturer Samsung Biologics' earnings in 2022 hit all-time high, mainly because its biopharmaceutical unit was included in the consolidated financial result after a full acquisition early in the year. Its sales almost doubled to 3 trillion won ($2.4 billion) from 1.56 trillion won in 2021, according to its regulatory filing on Friday. It logged 983.6 billion won in operating p...

LG Electronics said Friday its operating earnings for the fourth quarter dipped more than 90 percent from a year earlier on slumping demand for home appliances coupled with global economic difficulties. The consumer electronics giant reported an operating profit of 69.3 billion won ($56.1 million) for the October-December period, down 90.7 percent from the same period a year prior, the regulator...

South Korean telecom giant SK Telecom’s artificial intelligence-powered Barista Robot blends and pours a cup of coffee for a customer. Jointly developed by Doosan Robotics, the robot can make around 20 kinds of coffee, cool ades and other beverages. SKT has made upgrades to the robot to create custom coffee blends and close plastic cup lids. A surveillance camera is also attached to oversee unman...

Samsung Electronics on Thursday rolled out this year’s new air conditioner lineup, including more energy-efficient models in light of rising energy bills. Starting this year, the company’s patented “windless” cooling, a high-end feature that gently and quietly disperses air through micro air holes, will be adopted in all air conditioner models.

The Korea Pharmaceutical and Bio-pharma Manufacturers Association on Friday sent a written opinion to the US government, in which the business lobby raised concerns over the Biden administration's executive order aimed at bolstering domestic production of biotechnology and biomanufacturing products. "The US should not take discriminatory measures against its allies,” the association said in a st...

Simmering rivalry may mean end to decades-old truce, but boost for industry overall

LG Electronics on Tuesday unveiled LG Gram Style, a new addition to the tech giant’s Gram premium laptop lineup that marks its 10th anniversary this year. The Gram debuted in 2014 as the industry’s lightest 13-inch laptop, weighing just 980 grams. The Style comes in 14- and 16-inch models. The 16-inch model is the first Gram laptop equipped with an organic light-emitting diode display.