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By Park Han-na Korea Herald correspondent BOSTON – Providing speedy drug-producing service with the world’s largest production capacity has been the main driving force of the rapid growth Samsung Biologics has enjoyed over the past 10 years. In the next 10 years, the company will focus on inno...
Shinsegae Group’s new paid membership program, called Shinsegae Universe, was unveiled Thursday in an apparent move to lock in customer loyalty across all its shopping platforms and renew its competition with Coupang, the nation’s No. 1 e-commerce operator. "Shinsegae Group evolved into a multi-...
LG Energy Solution has joined hands with Novonix, an Australian battery materials and technology firm, to strengthen the supply chain of a core battery material in North America, the South Korean battery maker said Wednesday. According to the announcement, LG Energy Solution signed a joint develop...
Information technology service provider LG CNS said Wednesday it signed a deal with US tech conglomerate Honeywell to spur innovation in the smart factory industry. Smart factories are digitized factories that depend on device connection, machinery and production systems to collect and share data ...
South Korean cable maker LS Cable & System said Wednesday it won an order worth some 100 billion won ($76 million) to build the country's largest offshore wind farm in joint cooperation with Hanwha Corporation Engineering & Construction. According to the company, LS Cable & System has been selecte...
Hyundai Motor Company will produce limited editions of its popular electric vehicle Ioniq 5 featuring designs of batik, a traditional Indonesian dyeing technique, according to Indonesia’s top envoy in Seoul on Wednesday. Gandi Sulistiyanto, Indonesian ambassador to South Korea, said Indonesia and...
By Park Han-na Korea Herald correspondent BOSTON – Lotte Biologics’ drug substance manufacturing site in the US will put the utmost effort into making the Korean firm's goal of becoming a global top 10 contract development and manufacturing organization firm by 2030 attainable, the company’s U...
Samsung Electronics said Wednesday that its latest automotive processor, the Exynos Auto V920, will be supplied to Hyundai Motor’s next-generation in-vehicle infotainment systems, a first chip collaboration between the nation’s top two companies. “We are thrilled to be collaborating with Hyunda...
BOSTON -- Samsung Biologics' US sales chief said Tuesday that the South Korean drug contract manufacturing giant will bolster its global reach to secure more large-volume orders, tapping Alzheimer’s drugs one of the key focus areas. On the sidelines of the 2030 BIO International Convention held i...
Samsung Electronics, the world’s No. 1 smartphone maker by shipment, said Wednesday it will unveil its new foldable smartphone series in Seoul for the first time, in the “beating heart” of the company’s dynamic growth worldwide. The upcoming Galaxy Unpacked event will be held at Coex conventio...
KB Financial Group said Wednesday that Chairman Yoon Jong-kyoo stressed the role of finance in achieving a net-zero transition at a meeting of the Asia-Pacific Advisory Board of the Glasgow Financial Alliance for Net Zero, or GFANZ, held in Singapore on Monday. The GFANZ is an alliance of over 550...
South Korean drugmaker Daewoong Pharmaceutical said Monday that it is in talks with multinational pharmaceutical companies to carry out clinical trials of Fexuprazan, its new gastroesophageal reflux disease treatment, in key markets such as the US, Europe and Japan. The announcement comes after Da...
South Korea's biopharmaceutical company Celltrion announced Monday that the company will cooperate with the US biotech firm Rani Therapeutics to develop an oral version of the Humira biosimilar CT-P17. CT-P17, also known as Yuflyma, is a high-concentration, low-volume and citrate-free biosimilar o...
South Korea’s second-biggest carmaker Kia said Monday it has appointed John Buckingham, a UK veteran automotive designer, as the exterior design chief of its next design group. Buckingham has worked in the automotive industry since 2005 when he joined BMW as an exterior designer. While working at...
LG Electronics announced Monday it has joined RE100 initiative to go net zero by 2050. The RE100 initiative, introduced by The Climate Group in partnership with the Carbon Disclosure Project in 2014, sets a 2050 target for using 100 percent renewable electricity. Global tech giants such as Samsung...
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