AbTis wins US patent challenge from Anjinmoto

AbTis, a South Korean biotechnology company developing antibody-drug conjugate technologies, said the US Patent Trial and Appeal Board has upheld its US patent covering the company’s exclusive AbClick platform. The review was initiated by Anjinmoto, which asserted that the patent failed to meet US requirements for written description, enablement and definiteness under Section 112 of the US Patent Act. They also claimed challenges based on anticipation under Section 102 and obviousness under Sect

2026-08-28 11:04:48:00

GM Korea boosts repair capacity at 380 service centers

GM Korea said Thursday it is strengthening its maintenance and customer service capabilities through a nationwide network of more than 380 service centers, including around 130 equipped for advanced electric vehicle repairs. As of August, the network comprised about 90 comprehensive service centers and 290 specialized locations. GM Korea supports the facilities through three company-operated service technology centers and one high-tech center. These provide training on new vehicles and repair te

2026-08-27 14:33:38:00

Musinsa takes Japan momentum into China, Southeast Asia

Musinsa is accelerating its expansion into China and Southeast Asia, building on rapid growth in Japan. Transaction volume through Musinsa’s Global Store in Japan surpassed last year’s full-year total within the first seven months of this year. The platform recorded average annual growth of 136 percent, while new membership registrations more than doubled from a year earlier. Musinsa established its Japanese subsidiary in 2021 and has since strengthened its presence through customer data analysi

2026-08-27 14:22:19:00

Daewoong secures US patent allowance for anti-aging mRNA technology

Daewoong Pharmaceutical has received a patent allowance from the US Patent and Trademark Office for an ionizable lipid technology used in its eTurna messenger RNA delivery platform. The allowance indicates that the patent application has been approved, although Daewoong must complete additional procedures before the patent is formally registered and enforceable in the US. The patent covers ionizable lipids used to form lipid nanoparticles. The nanoparticles are used to encapsulate mRNA strands t

2026-08-27 14:21:54:00

Posco documentary spotlights steel’s second life

Posco is highlighting steel recycling and electric arc furnace technology in the second installment of its YouTube documentary series on the industry’s decarbonization. The steelmaker released “Steel, Finding New Life,” the latest episode of “The Evolution of Steel,” on its Posco Studio channel. Following the first episode, “Steel, Beyond the Age of Fire,” the new episode examines how scrap metal can be recycled and reused as the industry seeks to reduce carbon emissions. The episode opens at th

2026-08-26 15:19:48:00

LS Cable units hit records on AI infrastructure boom

Three major LS Cable & System subsidiaries posted record first-half earnings as investment in AI data centers and power grids drove demand for cables, bus ducts and subsea infrastructure. Gaon Cable, LS Eco Energy and LS Marine Solution generated combined revenue of 2.42 trillion won ($1.75 billion) and operating profit of 119.7 billion won in the January-June period. Gaon Cable reported consolidated revenue of 1.63 trillion won, up 27.3 percent from a year earlier. Operating profit jumped 41.8

2026-08-26 14:30:00:00

HanmiGlobal ranks sixth among global project managers

South Korean construction management firm HanmiGlobal said Wednesday that it ranked sixth in Engineering News-Record’s latest survey of the world’s leading construction and project management firms, the highest position ever achieved by a Korean company. The annual rankings cover major sectors of the global construction industry and are based on companies’ revenue from the previous year. HanmiGlobal recorded $255.8 million in construction management and project management revenue in 2025. Its ov

2026-08-26 11:54:21:00

Hyundai Steel targets AI data center demand with HanmiGlobal

Hyundai Steel is teaming up with construction management firm HanmiGlobal to expand the use of steel structures in data centers and other advanced industrial facilities. The steelmaker said Tuesday that it recently signed a memorandum of understanding with HanmiGlobal at its Pangyo office in Seongnam, Gyeonggi Province. Under the agreement, the companies will jointly review the use of fire-resistant and high-strength structural steel from the design stage. They aim to offer customers optimized s

2026-08-25 14:08:42:00

Simmons teams up with Posco, Kiswire on mattress materials

Simmons has partnered with Posco and Kiswire to jointly develop and supply specialized steel wire used in mattress springs, strengthening its domestic supply chain for key materials. The mattress maker detailed the trilateral collaboration during a media tour held Wednesday through Friday at the Simmons Factorium, its manufacturing facility in Icheon, Gyeonggi Province. Under the partnership, Simmons and Posco will jointly research spring wire designed specifically for mattresses. Kiswire will t

2026-08-25 13:51:00:00

Coway expands B2B push with tailored appliance care

Coway is expanding its business-to-business operations with customized product recommendations, installation and maintenance services. The home appliance rental company is targeting growing demand from hotels, offices, schools and other commercial facilities seeking products and services tailored to their operating environments. Drawing on more than 30 years of experience in appliance care, Coway recommends products based on factors such as available space, room layout and usage patterns. Its de

2026-08-24 14:43:10:00