Economy
Business·Industry
"Semiconductors Competing on the Global Stage… R&D Needs Relaxation of the '52-Hour Workweek Rule'"
“Regulations on the 52-hour workweek should be relaxed for businesses that create new concepts or for semiconductor research and development (R&D).”KoreaInformation&Communication Technology Promotion …
Business·Industry
Former Samsung Chairman Kwon Oh-hyun: "The Semiconductor Boom Will Last Another 10 Years"
“One thing I can say with confidence is that the semiconductor industry will be a growth sector for the next 10 years.”Kwon Oh-hyun, former chairman of SamsungElectronics, made these remarks on the 13…
Business·Industry
Yoon Pung-young, President of SK SUPEX Council, Appointed Head of INICS Corporation Global Growth Task Force
Yoon Pung-young, President in charge of the SK SUPEX Council, has been appointed head of SK hynix’s Global Growth Task Force (TF).
Yoon Pung-young, President of the SK Supex Pursuit Council (Photo:…
Business·Industry
KBI METAL CO., LTD. Reports 'Record-High' First-Half Earnings Amid Rising Copper Prices
KBI METAL CO., LTD.’s Eumseong Plant Office Building. (Photo courtesy of KBI Group)
KBI Metal ( KBI METAL CO., LTD.(024840)), a KBI Group subsidiary that manufactures wire materials and automotive…
Business·Industry
LG Corp. Reports 2Q Operating Profit of 533 Billion Won on Strong Performance by LGELECTRONICS Subsidiaries… Up 92.5% Year-Over-Year
LG Corp., the holding company of the LG Group, nearly doubled its operating profit in the second quarter of this year compared to the same period last year, driven by improved performance at its elect…
Business·Industry
U.S. EV Plants Resume Operations… Korean Batteries Gain Momentum in North American EV Market
Production of electric vehicle batteries is set to resume at Plant 1 of Ultium Cells in Ohio, jointly operated by U.S.-based General Motors (GM) and LG Energy Solution. The plant, which had suspended …
Business·Industry
LG Corp.’s First-Half Capacity Utilization Rebounds to 52.8%… R&D Investment Hits Record High
LG Energy Solution’s domestic and overseas production facility utilization rate rose to 52.8% in the first half of this year. While the utilization rate—which had been on a downward trend in recent ye…
Business·Industry
Former Samsung Chairman Kwon Oh-hyun: “Semiconductor Industry to Grow for at Least 10 Years… Corporate Innovation Starts with Leadership”
On the 13th, Kwon Oh-hyun, former chairman of SamsungElectronics, addressed the conflict surrounding SamsungElectronics’ N% performance-based bonus tied to operating profit, stating, “This situation a…
Business·Industry
Laseroptek Co., Ltd. Targets the Melasma Market in Central and South America... ‘Helios 785’ Proves Its Clinical Value
Laser medical device specialist Laseroptek Co., Ltd.(199550)is accelerating its push into the Central and South American melasma treatment market. Laseroptek Co., Ltd. announced on the 13th that it pa…
Business·Industry
HYUNDAI BIOSCIENCE CO., LTD. Administer First Dose in Phase 1 Prostate Cancer Trial... “First Human Clinical Trial to Solve the 80-Year-Old ‘Pseudo-Resistance’ Puzzle”
#HYUNDAI BIOSCIENCE CO., LTD. announced on the 13th that it has begun administering the first dose to a patient in the low-dose group of its Phase 1 clinical trial for “Penitrium,” a new anticancer dr…