Innovative biomedicine company NEXTBIOMEDICAL CO., LTD. has expanded the scope of application for its endoscopic wound dressing “Nexpowder™” from hemostasis and wound coverage to the prevention of pos…

SK hynix announced on the 4th that it has unveiled the first standard specifications for High Bandwidth Flash (HBF), a next-generation storage technology, in collaboration with SanDisk.SK hynix is unv…

Five-year Long-Term Agreements (LTAs) for memory—which allow companies to secure both high profitability and stability—are spreading across the industry. This is a result of increased bargaining power…

SamsungElectronics and LGELECTRONICS are shifting the focus of their robotics businesses from research and development to commercialization. During their second-quarter earnings conference calls this …

Twelve organizations across the tourism sector—including hotels, travel agencies, and MICE (Meetings, Incentives, Conferences, and Exhibitions) companies, as well as the casino industry—are jointly voicing opposition to the government’s plans to reform the casino licensing and tourism fund systems. They are demanding the withdrawal of the plan—which raises the upper limit on the tourism fund contribution rate from 10% to 15% and introduces a five-year license renewal system—citing concerns that it will increase the burden on operators running at a loss and stifle long-term investment. This controversy is spreading beyond casino regulations to become an issue of investment stability and competitiveness across the entire tourism industry.

Online shopping transaction volume exceeded 24 trillion won in June, marking an increase of more than 10% compared to the same month last year. Driven by SamsungElectronics’ large-scale purchase rebat…

Kang Kyung-sun, Chief Scientific Officer (CSO) of KANGSTEM BIOTECH CO., LTD. (Photo courtesy of KANGSTEM BIOTECH CO., LTD.) Kangstem Biotech ( KANGSTEM BIOTECH CO., LTD.(217730)) announced on the …

While Y-Biologics ( Y-Biologics, Inc(338840)) will allow holders to exercise their conversion rights for its 35 billion won convertible bonds (CBs) starting on the 7th, observers suggest the likelihoo…

LGELECTRONICS is expanding its business-to-business (B2B) operations by increasing the supply of commercial laundry appliances in Asia—including Thailand, the Philippines, and Vietnam—as well as in Eu…

Hwang Ki-young (front, right), President of KG Mobility (KGM), and Zhang Gui-bing, President of Cherry Automobile, are signing a $75 million (approximately 110 billion won) strategic investment agreem…