THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Markets

January 12, 2024
[CES 2024] LG to double spending for growth

LAS VEGAS -- LG Electronics CEO Cho Joo-wan said Wednesday that the tech giant will spend about 10 trillion won ($7.6 billion) in annual investment, more than double 2023's spending, to maximize its future growth engines despite lingering uncertainties in the macroeconomic circumstances. “We’re ...
January 12, 2024
[CES 2024] Samsung Electro-Mechanics CEO pins high hopes on AI

LAS VEGAS -- Samsung Electro-Mechanics CEO Chang Duck-hyun unveiled the company's new vision centering on four key technology developments -- the mobility industry, robots, artificial intelligence and servers, as well as energy -- to respond to the development of future industries in advance. "The...
January 12, 2024
Samsung C&T builds world's 2nd-tallest building in Malaysia

Samsung C&T has completed the construction of a 118-story skyscraper in Malaysia, the second-tallest building in the world, the company said on Thursday. The construction and trading firm under Samsung Group held an opening ceremony on Wednesday for finishing Merdeka 118, a 679-meter complex build...
January 12, 2024
[CES 2024] HD Hyundai CEO vows innovations as ‘future builders'

Korea Herald Correspondent LAS VEGAS -- HD Hyundai's Vice Chairman and CEO Chung Ki-sun declared on Wednesday the company's transition to a technology-driven construction solutions provider, revamping its traditional heavy industry roots, in a keynote speech at CES 2024. It was the first time tha...
January 12, 2024
Shinsegae’s Better Foods secures funding from Cleveland Avenue

Better Foods, Shinsegae Food's subsidiary specializing in plant-based products, said Thursday that it has secured investment from the US venture capital investment company, Cleveland Avenue. The exact amount of the deal was not disclosed immediately. Shinsegae Food established Better Foods in the...
January 12, 2024
[JPM 2024] Celltrion chief vows to set up W100tr fund via IPO

"We found out that biosimilars can reduce the global health care cost of around $383 billion over the next five years, which is Celltrion's pride and sense of mission," Seo said. In addition to Celltrion's current portfolio of six biosimilars available globally, 11 new biosimilars are set to be re...
January 11, 2024
[JPM 2024] SK Biopharmaceuticals to make big bet on new R&D platforms

SAN FRANCISCO -- SK Biopharmaceuticals will make aggressive investments into new drug discovery platforms to replicate the firm's success of its epilepsy treatment Xcopri, it said at the JPMorgan Healthcare Conference' Asia-Pacific track presentation session on Tuesday. "SK Biopharmaceuticals is t...
January 11, 2024
[Herald Interview] Lotte Biologics' US plant to begin ADC services in early 2025

SAN FRANCISCO -- Lotte Biologics will begin production of its antibody-drug conjugates at its US plant by the first quarter of 2025, according to its CEO Richard Lee, who spoke at a meeting with reporters on Monday, held on the sidelines of the J.P. Morgan Healthcare Conference. As ADCs have emerg...
January 11, 2024
[CES 2024] Hyundai-backed Supernal to debut flying taxies in Korea, US by 2028

However, Supernal has yet to specify the production plan and location for the S-A2 despite the 2028 commercialization target. Like electric vehicles on roads, battery technology is pivotal to the future of eVTOLs in the air. With ongoing improvements, these aircraft could expand in size and capaci...
January 11, 2024
[CES 2024] 42dot, Samsung to launch Exynos-based auto platform

42dot, the software mobility unit under Hyundai Motor Group, clinched a deal with Samsung Electronics to develop an artificial intelligence-based software-defined vehicle platform on the sidelines of the CES 2024 tech show in Las Vegas on Tuesday. Song Chang-hyeon, who doubles as 42dot CEO and pre...
January 11, 2024
[JPM 2024] Samsung Biologics seeks ‘unrivaled’ CDMO leadership

SAN FRANCISCO – Samsung Biologics, the biotech arm of Samsung Group, is seeking to further consolidate its leadership in the soaring contract manufacturing and development market by outpacing rivals in terms of production capacity. "I am aware of the market's post-pandemic oversupply concerns. Ho...
January 11, 2024
[CES 2024] AI success hinges on steady, strategic investments: Chey

LAS VEGAS/SEOUL -- The era of artificial intelligence is opening, and its success will depend on how the market is created to measure up to high expectations and investment, SK Group Chairman Chey Tae-won said, taking part in the CES 2024 technology show in Las Vegas on Tuesday. After touring the ...
January 11, 2024
More foreign tourists used Kakao Pay in 2023

Kakao Pay, the online payment service of Korean tech giant Kakao Corp., saw exponential growth in its usage by foreign nationals last year, with the volume of monthly transactions by foreigners jumping by 14 times on-year in January. According to the firm on Wednesday, numbers for transactions and...
January 11, 2024
[CES 2024] Samsung CEO hints at plans for ‘megadeals’

LAS VEGAS – Samsung Electronics Vice Chairman and co-CEO Han Jong-hee said the South Korean tech giant may set out a plan for megasized mergers and acquisitions this year as a way to solidify its leadership in the global market. “To strengthen our existing businesses and discover future growth e...
January 11, 2024
[CES 2024] HD Hyundai outlines unmanned construction site

South Korean shipbuilding and heavy industries conglomerate HD Hyundai is presenting the blueprint of future construction sites utilizing unstaffed autonomous technologies at CES 2024 in Las Vegas this week. According to HD Hyundai, this year’s exhibition has been set up under the core theme of “...

61 62 63 64 65 66 67 68 69 70

EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

FAMILY SITE GO

Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099