[Photo News] A robotic lift for construction workers

Hyundai E&C said Wednesday it has introduced the X-ble Shoulder exoskeleton, an industrial wearable device by Hyundai Motor Group Robotics Lab, for the first time in the construction sector. According to the builder, the wearable device is expected to alleviate fatigue from repetitive tasks, improve concentration, lower the risk of musculoskeletal disorders and enhance overall work efficiency. (Hyundai Engineering & Construction)

2026-07-29 14:10:42:00

Carlyle’s W1tr bet puts Korean water purifiers in spotlight

Carlyle’s 1 trillion won ($683 million) bet on Chungho Nais has put fresh attention on an unlikely Korean export success: subscription-based water purifiers. South Korea has spent decades turning water purification into a recurring-service business. Monthly rental fees, scheduled filter replacements and regular technician visits have made clean drinking water an ongoing service rather than a one-time appliance purchase. Now, with the domestic market nearing saturation, Korean purifier makers are

2026-07-28 14:15:21:00

Celltrion sets fresh earnings record on newer biosimilars

Celltrion has turned in yet another record quarterly earnings report on growing sales of its newer biosimilar portfolio and improving manufacturing efficiency. According to the Korean biopharmaceutical company on Monday, it logged 1.4 trillion won ($950 million) in sales and 451.8 billion won in operating profit in the April to June period, up 45 percent and 86.3 percent, respectively, from the same period in 2025. The company previously posted record-setting sales of 1.145 trillion won and an o

2026-07-27 14:45:18:00

Aging Korea must put prevention first: GSK Korea chief

As South Korea grapples with the realities of becoming a super-aged society, healthcare systems should evolve beyond treating illnesses and place greater emphasis on preventing them before they occur, says Gunnar Riediger, general manager of GSK Korea. “I think the good thing is that people are living longer. This is great news,” Riediger said in an interview with The Korea Herald in Seoul last week. "Now what is probably the most relevant element in that respect? It's not only about living more

2026-07-27 06:00:00:00

EuBiologics secures FDA registration for EcML vaccine adjuvant

EuBiologics said Friday it has completed registration of its proprietary vaccine adjuvant EcML with the US Food and Drug Administration's Drug Master File system, obtaining an official filing number that is expected to facilitate future vaccine development and licensing partnerships. The registration contains key chemistry, manufacturing and controls, or CMC, data, including information on EcML's raw materials, manufacturing process and quality specifications. EuBiologics said the filing allows

2026-07-24 15:58:25:00

Sempio expands online Korean cooking class across US

Sempio is expanding its live online Korean cooking program for consumers in the United States in partnership with Asian supermarket chain H Mart, extending participation to the West Coast after a successful pilot on the East Coast earlier this year. The Korean fermented food company said Friday that its "Cook Korean Live" classes will become a regular bimonthly program beginning in August with sessions held on the first Sunday of every even-numbered month. According to the 2026 Global Hallyu Sur

2026-07-24 14:28:20:00

Daewoo E&C eyes full-cycle data center business through KINX alliance

Daewoo Engineering & Construction said Friday it has signed a strategic partnership with an internet infrastructure and data center operator as it looks to establish itself as a full-service developer in the rapidly expanding artificial intelligence infrastructure market. Under the partnership, the Korean builder and Korea Internet Neutral eXchange will jointly explore opportunities for hyperscale and AI data center projects; establish a collaboration model linking development, construction and

2026-07-24 13:28:09:00

Krafton invests in Neon to build game payment ecosystem

Krafton said Thursday it has made a strategic investment in Neon Commerce, a global game commerce infrastructure firm, as the Korean game developer moves to build its own payment ecosystem and strengthen direct engagement with players worldwide. Building on the partnership with Neon Commerce, Krafton plans to accelerate the development of its proprietary payment system and bolster its global commerce capabilities. "This investment is an important step toward building more direct relationships w

2026-07-23 14:19:58:00

Homeplus to revamp stores in Trader Joe's-style reset

Homeplus said Wednesday it will accelerate efforts to normalize operations and complete its restructuring plan after the Seoul Bankruptcy Court decided to extend the retailer’s court-led rehabilitation process through Sept. 4 on the previous day. According to Homeplus, the company will reopen all 67 key stores now under temporary suspension as soon as it receives 200 billion won ($135 million) in debtor-in-possession, or DIP, financing. The retailer added that its online business will also gradu

2026-07-22 14:34:45:00

Hugel enters Indian market with Letybo

Hugel has officially launched its botulinum toxin brand Letybo in India, seeking to establish an early foothold in one of the world's fastest-growing aesthetics markets. The Korean medical aesthetics company said Wednesday that it introduced Letybo during the Global Aesthetics Summit held July 19-21 in Goa, marking the product's official commercial debut in India. At the conference, Hugel partnered with local distributor Aakaar Medical to raise brand awareness and strengthen relationships with k

2026-07-22 14:26:20:00