South Korea
Samsung Successfully Demonstrated Lightning-Fast 5G with 8.5Gbps
Samsung Electronics, on Thursday, announced it achieved the industry's fastest 5G speeds after a demonstration in a lab. The company...
LegoChem Biosciences Signs 496.3 Bln Won Licensing Deal with UK Iksuda
LegoChem Biosciences Inc. announced it signed a 496.3 billion won ($405 million) worth agreement on licensing out its antibody-drug conjugate...
KT, Doosan Fuel Cell Signs MOU to Develop AI-Based Fuel Cell Business
KT Corp. announced it signed a memorandum of understanding (MOU) with Doosan Fuel Cell to expand its fuel cell business...
Netflix Files Civil Lawsuit Against SK Broadband Over Network Fees
Video streaming service provider Netflix filed a civil lawsuit against South Korean internet network operator SK Broadband. Netflix Services Korea...
LG Electronics Reveals New Smartphone Name “LG VELVET”
LG Electronics revealed on Sunday the brand name for its upcoming smartphone, "LG VELVET," which would hit the Korean market...
Korean Researchers Completes First Ever Coronavirus Genetic Map
The Korea Institute for Basic Science (IBS) announced that it completed the world’s first high-resolution genetic map for the SARS-COV-2,...
Hyundai Heavy Develops Hyundai Intelligent Navigation Assistant System
Hyundai Heavy Industries (HHI) announced that it successfully applied its smart ship management system. Using artificial intelligence, big data, and...
Samsung Reveals New 5G Galaxy Series Smartphones
Samsung Electronics revealed on Thursday its new 5G versions of its Galaxy series smartphones as it aims to improve handset...
Samsung Biologics Inks Deal to Mass-Produce COVID-19 Treatment
Samsung Biologics announced on Thursday that it signed with Vir Biotechnology Inc. a manufacturing agreement worth approximately $362 million (438...
KT Signs Agreement to Export 5G Network Technology to Taiwan
KT Corp. said Wednesday it would export its 5G network technology and digital content development to Far EasTone Telecommunications (FET)....
KRICT Develops Safety Sticker that Indicates Spoiled Food
The Korea Research Institute of Chemical Technology (KRICT) developed a cold-chain safety sticker that indicates if food products such as...
Samsung Boost Mask Manufacture to Combat Coronavirus
As the new coronavirus (COVID-19) continues to spread throughout the world, Samsung Electronics established regional response teams providing its employees...
Baedal Minjok New Ads Fee System Anger Restaurant Owners
Baedal Minjok (Baemin) took flak after introducing a new commission system that restaurant owners argue would put a higher cost...
Coronavirus: Economic Impact on South Korea’s Tech Industry
As the new coronavirus shakes the business and consumers industries on a massive scale, some market analysts warn of a...
Coupang Demerges Fintech Business Subsidiary Coupang Pay
Coupang announced the spin-off of its payment service platform Coupang Pay to advance its fintech business. The company expects the...
Celltrion at Second Stage of Vaccine Development Against COVID-19
Celltrion said on Thursday that the company started to select through screening the most effective antibodies to neutralize the virus....
Samsung Display to Stop LCD Business, Focuses on QD-LED
Samsung Display reportedly decided that it would end its traditional liquid-crystal display (LCD) business as the company aims to become...
Hyundai, Samsung, LG Suspend More Plants Abroad Due to COVID-19
As more countries deteriorate due to the rapid and widening spread of the COVID-19, South Korean companies are suspending more...
Hanjin Group Chair Cho Won-tae Remains Hanjin KAL Exec Director
Hanjin Group Chairman Cho Won-tae retained his position as the executive director of Hanjin KAL, the company of Hanjin Group,...
Research Consortium to Test COVID-19 DNA Vaccines on Primates
The South Korean government commissioned a research consortium intended at testing the first of a vaccine candidate on primates. The...
