Most Popular
-
1
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
-
2
10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
3
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
-
4
Second Gimpo civil servant found dead, after apologizing for not finishing work
-
5
DP leader says he will meet Yoon without conditions
-
6
Seoul to promote luxurious side of the city
-
7
First-ever meeting of president, opposition chief set to finally happen
-
8
NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
-
9
Experts raise concerns about Japan putting pressure on Naver over Line
-
10
Samsung mobile chief, Google device head meet in Seoul
-
Celltrion's Humira biosimilar to arrive in Europe next month
Celltrion Healthcare, which is in charge of Celltrion‘s overseas business, is expected to launch sales of its adalimumab biosimilar Yuflyma in the European market in June, according to industry sources, Sunday. It will initially be launched in around six European countries, including Spain, the officials said. A Celltrion Healthcare’s official said the company would try to release Yuflyma in Spain by next month, but the schedule can be adjusted. Yuflyma is the world’s firs
May 30, 2021
-
SK Broadband strengthens efforts to reduce carbon emissions
Telecommunications provider SK Broadband has been making a host of new changes as part of its effort to speed up the environmental, social and corporate governance, or ESG, management, with a particular focus on reducing carbon emissions. SK Broadband has been replacing old infrastructure, developing energy efficient products, and reducing energy consumption at network stations to match its carbon-emission-free goal. According to company officials Sunday, the telecommunications company has to
May 30, 2021
-
[News Focus] Is ‘real 5G’ elusive goal for Korea?
Is 5G, the next-generation of wireless technology, worth the hype? This is a question frequently thrown out by multiple groups of 5G users here since the fifth generation mobile networks went into commercial service at 11:00 p.m. on April 3, 2019 in South Korea, in a loudly-trumpeted world first. Over the past two years, the number of 5G users in Korea has steadily grown to account for about 20 percent, or 14.48 million, of total mobile subscriptions in the country as of end March, governm
May 30, 2021
-
Naver aims for zero carbon emissions by 2040
Naver, the largest portal operator in South Korea, said Friday that it had a plan to cut its greenhouse gas emissions to zero by 2040. The internet company came up with the plan, “2040 Carbon Negative,” because greenhouse gas emissions are forecast to surge for the next 10 years in line with the growing data traffic at internet data centers. The company’s plan aims to reach the same carbon neutrality goal that the government is pursuing, but 10 years earlier. As an examp
May 28, 2021
-
Apple offers trade-in program for LG phone users
Apple Korea has launched a trade-in program to attract current users of smartphones made by LG Electronics, industry sources said Friday. The move is seen as part of the US phone vendor’s efforts to expand its presence in the South Korean market. According to sources in the telecom industry, Apple is running a smartphone exchange program with three Korean mobile carriers, which pay 150,000 won ($135) to those who replace their LG phones with iPhones. People who have used LG’s 4G
May 28, 2021
-
Korea joins US-led Artemis Accords for space exploration
South Korea has become the 10th member of an international program for peaceful exploration of the space led by the United States, the Ministry of Science and ICT said Thursday. Science and ICT Minister Lim Hye-sook signed the Artemis Accords on behalf of the Korean government as a follow-up measure of the Korea-US presidential summit last week, the ministry said. The Artemis Accords is an international agreement among governments participating in the Artemis Program, a US-led effort to
May 27, 2021
-
Samsung rolls out LED package with highest light efficacy
Samsung Electronics is rolling out a new mid-power LED package, the LM301B EVO, which boasts the highest light efficacy and innovative color quality for indoor and industrial applications, the company said Thursday. The latest Samsung LED package, built on the tech giant’s proprietary flip-chip design, features the industry’s highest efficacy of 235 lumens per watt, by applying a new reflective material inside the packaging mold and improving phosphor conversion efficiency. The p
May 27, 2021
-
S. Korea signs US-led moon exploration accord
South Korea has signed a US-led international program to send humans to the moon again and further explore Earth's only satellite, the science ministry said Thursday. Science Minister Lim Hye-sook signed the Artemis Accords as a follow-up on an agreement reached at a recent bilateral summit in Washington, becoming the 10th signatory to the pact, the ministry said. The Artemis Accords is an international agreement among governments participating in the Artemis Program, a US-led effort to return
May 27, 2021
-
SKC aims to be world’s largest copper foil producer by 2025
South Korean chemicals maker SKC is considering a plan to expand its production of copper foil to 250,000 metric tons with a goal of becoming the world’s largest provider by 2025, the SK Group affiliate said Wednesday. SK nexilis, the copper making unit under SKC, will build a new copper foil factory with an annual capacity of 50,000 tons in Europe later this year to meet growing demand for the material, a key component of rechargeable batteries. Copper foil is as thin as one-fifteent
May 26, 2021
-
Samsung ranks 2nd in Q1 chip sales: report
Samsung Electronics Co. was the world's second-largest semiconductor vendor in the first quarter of the year, a report showed Wednesday, after posting double-digit year-on-year sales growth. The South Korean tech juggernaut logged $17.07 billion in chip sales in the January-March period, up 15 percent from a year earlier, according to the latest McClean Report released by market researcher IC Insights. Samsung, the world's largest memory chip supplier, racked up $16.15 billion in integrated
May 26, 2021
-
Real-time search and booking of ‘no-show’ vaccines to launch Thursday
South Korea will introduce real-time search and notification alerts for COVID-19 vaccination no-shows, in a bid to not waste a single dose. The services will launch on the country’s largest web portal Naver and No. 1 messenger app KakaoTalk at 1 p.m. Thursday, allowing all Koreans to check on the real-time availability of leftover vaccines nearby. Due to limited supply of jabs, only priority groups are eligible for vaccination right now in Korea and no-show appointments are the only way
May 25, 2021
-
Naver unveils first ‘hyperscale’ AI platform
South Korea’s IT giant Naver unveiled a supersized artificial intelligence platform on Tuesday that can process massive amounts of data, saying it aimed to lead the era of “hyperscale” AI. Dubbed HyperCLOVA, the firm’s latest AI tool is not only the local industry’s most advanced but is also the first large-scale AI trained in the Korean language, Naver said. “As a company that represents Korea’s artificial intelligence technology, we will find our w
May 25, 2021
-
FTC to look further into Google and Facebook’s advertising practices
The Fair Trade Commission of South Korea is expected to survey the local digital advertising market to uncover any unfair practices on the part of major platform operators such as Google and Facebook. According to government officials Tuesday, the antitrust watchdog has commissioned research on potential antitrust issues in the local advertising market. It will include in-depth interviews with advertisers, ad agencies and consumers. The US-based internet giants Google and Facebook are among
May 25, 2021
-
S. Korea ranks 4th in number of AI patents, but impact falls short: report
South Korea ranks fourth in terms of the number of patents registered in the artificial intelligence sector, but an index showing the impact of the patents shows that the quality of patents from South Korea fell relatively short, according to a report, Tuesday. The report from Clarivate Analytics and KAIST Center for Innovation Strategy and Policy says that the number of patents that South Korea registered in the AI field has reached 6,317 between 2010 and 2019, the fourth highest among the 10
May 25, 2021
-
2G services in S. Korea to be terminated by June
South Korea's ICT ministry on Tuesday said it has approved LG Uplus Corp.'s plan to phase out its 2G services by the end of June, which will mark the complete termination of the country's old telecommunications network. LG Uplus, the country's third-largest mobile carrier, will begin closing its 2G network here on June 11 following the ministry's approval. SK Telecom Co., South Korea's largest wireless provider, ended its 2G services in July last year, while rival KT Corp. shut down 2G operat
May 25, 2021
-
SK Bioscience wins additional funding for COVID-19 vaccine development
SK Bioscience said Monday that it will be receiving additional funding from the Coalition for Epidemic Preparedness Innovations for the development of its COVID-19 vaccine candidate. The grant of up to $173.4 million will be spent on global phase 3 clinical tests of GBP510, a protein-based vaccine candidate that the South Korean firm is developing in collaboration with the University of Washington. The amount is far greater than what the Oslo-based international organization has provided to
May 24, 2021
-
South Korea aims to develop mRNA vaccine by next year
A South Korean government official said Monday that the country aims to secure messenger RNA vaccine technology to strengthen its vaccine production capacity and take a step up as a global vaccine production hub. “Our goal is not to become a contract manufacturing partner in the production of ingredients for the mRNA COVID-19 vaccines. We aim to develop the mRNA vaccines by next year, with technologies acquired through possible technology transfers and co-development deals,” said
May 24, 2021
-
LG to produce limited volume of Rollable phones for internal use
LG Electronics has officially given up smartphones, but its very last project -- the first rollable smartphone -- will see the light of day, even though it will not be for sale. The South Korean firm confirmed Monday that it is considering producing a limited volume of Rollable phones for internal use. “Development of the Rollable was completed before the management’s decision to end the phone business,” said a company official. “The exact timing or volume of the
May 24, 2021
-
[Newsmaker] Samsung Biologics sets out preparation for Moderna vaccine production
Samsung Biologics is working to expedite preparations to start churning out “hundreds of millions” of doses of Moderna’s COVID-19 vaccine in early second half, the company said Sunday. At its sterile drug manufacturing facility in Songdo, Incheon, which is one of the largest in the world, the South Korean pharmaceutical will handle the fill and finish process of the production of mRNA-1273, Moderna’s messenger-RNA based COVID-19 jab. The firm signed a contract with Mo
May 23, 2021
-
Moon visits SK Innovation’s battery plant in Georgia
South Korean President Moon Jae-in visited a plant construction site of SK Innovation Co., the country‘s leading battery maker, in the United States on Saturday. “This plant symbolizes friendship and high-tech cooperation between South Korea and the United States,” Moon said in a speech at the factory in the state of Georgia. “South Korean firms are best partners in the battery field. Cooperation in the sector offers a good opportunity for the US and South Korea to devel
May 23, 2021