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Reporter : Baek Byung-yeul
Sun, March 26, 2023 | 22:17
Samsung chief inspects production plants in China for first time in 3 years
Lee Jae-yong, chairman of Samsung Electronics, visited China for the first time in three years to inspect Samsung Electro-Mechanics' multi-layer ceramic capacitor (MLCC) plant at a time when demand for the key component of electric vehicles (EV) is increasing, the company said Sunday. His visit drew particular attention as it came amid the U.S. government's intensifying effor...
Tech | 2023-03-26 17:12
Hyundai Motor Group, Busan citizens launch all-out campaign for World Expo 2030
Hyundai Motor Group and residents of Busan have launched an all-out campaign to promote the city's bid to host World Expo 2030 as the automotive giant unveiled a promotional video showing Busan citizens introducing the southern port city's unique qualities in 15 different languages, Sunday.
Companies | 2023-03-26 16:46
Workday aims to assist hums with AI, machine learning, not replace it
Workday aims to augment human intelligence with artificial intelligence (AI) and machine learning (ML), instead of replacing people, as the U.S.-based human resources and finance management software maker thinks the emerging technologies need to be human-centric and trustworthy, the chief technology officer of the company's Asia Pacific and Japan region said, Thursday.
Tech | 2023-03-23 16:54
HLB's US subsidiary promotes efficacy of liver cancer drug Rivoceranib
HLB, a global biopharmaceuticals company, said Thursday that its U.S. subsidiary Elevar Therapeutics announced the efficacy and safety of the Rivoceranib liver cancer drug at a biopharmaceutical symposium in Washington, D.C. This comes as part of the Korean biotech company's efforts to promote the drug ahead of applying for new drug application (NDA) with the U.S. Food and Dr...
Bio | 2023-03-23 16:24
Samsung, SK avoid worst-case scenario as US 'guardrails' are less stringent than feared
Samsung Electronics and SK hynix have avoided the worst-case outcome from the U.S. CHIPS Act - which embodies Washington's attempt to limit Beijing's chip technology development - because details of the regulation did not specify the banning of increases in output through technological upgrades at their chip factories in China, industry officials said Wednesday.
Politics | 2023-03-22 17:02
Spain's Smart City Expo to feature Korea's smart cities
Korea's advanced smart city technologies will be showcased at the upcoming Smart City Expo World Congress, an exhibition specialized in presenting the latest technologies and trends of smart cities, an urban system that uses information and communication technology (ICT) to improve operational efficiency, a director of the organizer said Wednesday. “We are honored and excited...
Companies | 2023-03-22 16:53
Proxy adviser opposes reappointment of HL Group chairman as director
Chung Mong-won, chairman of HL Group, has hit an obstacle because a proxy advisor here is opposed to an attempt by the construction and auto parts conglomerate to appoint him as director of the group's affiliates, explaining that there could be a conflict of interest concerning the possibility of internal transactions, according to the proxy adviser Monday.
Companies | 2023-03-20 17:02
OTT service providers negatively impacted by illegal streaming website
Netflix, Wavve, Tving, Coupang Play and other over-the-top (OTT) video streaming platforms are suffering due to the illegal streaming site, Noonoo TV, as their respective paid content can be easily viewed for free with just a few clicks, presenting a big obstacle to the country's growing media industry, according to industry officials Monday.
Companies | 2023-03-20 16:55
Business leaders from Korea, Japan meet to bolster bilateral ties
The business communities of Korea and Japan agreed to strengthen bilateral economic cooperation a day after President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida held a summit, Thursday, they said during their meeting in Tokyo, Friday. On the occasion of President Yoon's two-day visit to Japan, business leaders from major companies of the two countries and busines...
Companies | 2023-03-17 16:58
POSCO to relocate headquarters to Pohang
POSCO Holdings will relocate its headquarters from Seoul to Pohang, North Gyeongsang Province. Shareholders of the steel and battery material maker approved the move on Friday. POSCO Group was largely criticized by Pohang residents for its decision to set up its headquarters in Seoul in January 2022 when it established POSCO Holdings. Pohang is the birthplace of POSCO, where ...
Companies | 2023-03-17 16:28
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