Economy
Business·Industry
Cellid Crashes in After-Hours Trading Following Phase 3 Failure...Shaperon Plummets 25% [K-bio pulse]
In the biopharmaceutical sector on Friday, Cellid’s stock surged on expectations for its vaccine clinical trial results, but the shares plunged by the daily limit in after-hours trading following news…
Business·Industry
Cellid Co., Ltd. Hits After-Hours Lower Circuit Breaker Following Phase 3 ‘Failure’… Shaperon Inc. Also Drops 25% [Bio Spotlight]
On the 26th, shares of Cellid Co., Ltd.(299660) surged significantly in the pharmaceutical and biotech sector amid expectations for the announcement of clinical trial results for a vaccine currently i…
Business·Industry
SK hynix to Invest 1,100 Trillion Won in Yongin, Cheongju, and the Southwest Region… A Hail-Mary Play for AI Memory
SK hynix has announced a mid- to long-term investment plan totaling 1,100 trillion won to meet growing demand for artificial intelligence (AI) memory. The strategy involves expanding its existing prod…
Business·Industry
"Pouring 1,000 trillion into the 'heart of AI'"... A bold move to build 18.4 GW of AI data centers nationwide
The government is positioning AI as a core pillar of its national growth strategy and is moving full steam ahead with the “Three Mega-Projects for Korea’s Great Leap Forward.” In particular, it has de…
Business·Industry
South Korea Focuses on HBM… China Targets the General-Purpose Memory Niche
As the memory supply shortage persists due to expanding investment in artificial intelligence (AI), Chinese memory manufacturers are emerging as a new variable in the global supply chain. While Samsun…
Business·Industry
LGELECTRONICS Launches New Practical Training Program for Young People… Cultivating Talent for Smart Factories and AX
LGELECTRONICS is launching a new practical training program in future-oriented industries—such as smart factories, AI transformation (AX), and digital marketing—targeted at young people preparing for …
Business·Industry
LGELECTRONICS Launches AI Cleaning Robot 'Roni'… Features World's First '100℃ Dual Steam' Technology
LGELECTRONICS has launched the “LG HomeBot AI Objet Collection RONi,” the world’s first premium AI robot vacuum cleaner to feature 100°C steam technology in both the main unit and the docking station.…
Business·Industry
Biotechnology Act Revises NK Cell Therapy Classification to ‘Low Risk’… Vaxcell-Bio Therapeutics Expected to Benefit Most
With the establishment of an institutional framework that will enable advanced regenerative medicine treatments using autologous natural killer (NK) cells to be carried out more swiftly in South Korea…
Business·Industry
Olix Pharmaceuticals, Inc. Expands Collaboration with L'Oréal on New RNAi-Based Beauty Pipeline
Lee Dong-ki, CEO of Olix Pharmaceuticals, Inc. (Photo courtesy of Olix Pharmaceuticals, Inc.)
Olix Pharmaceuticals, Inc.(226950)announced on the 29th that it has signed a Pipeline Collaboration Fr…
Business·Industry
Samsung Electronics' Q2 Operating Profit Exceeds 100 Trillion Won; INICS Corporation Likely to Post 80% Profit Margin
As SamsungElectronics and SK hynix prepare to announce their second-quarter earnings next month, expectations are growing that they will once again post record-breaking results. The key points to watc…