Economy
Business·Industry
Hanwha Vision Obtains NIS 'Security Function Certification'… Strengthens Push into Public CCTV Market
Hanwha Vision has obtained a “Security Capability Certificate” from the National Intelligence Service and is accelerating its push into the public video security market. Having received official recog…
Business·Industry
SamsungElectronics Wins Most Awards in JD Power U.S. Consumer Survey… Sweeps Six Home Appliance Categories
SamsungElectronics has been named the “Most Awarded Brand” after securing the most first-place finishes in the consumer satisfaction evaluation of home appliances conducted by U.S. market research fir…
Business·Industry
Kolon Plummets on TG-C Failure; NGeneBio Soars [K-bio pulse]
Shares of three Kolon Group affiliates plummeted Tuesday after Kolon TissueGene’s osteoarthritis cell and gene therapy TG-C—formerly known as Invossa—failed a late-stage U.S. clinical trial. Kolon Tis…
Business·Industry
KOLON CORPORATION’s Three Subsidiaries Plunge on ‘TG-C’ News… NGeneBio Co., Ltd. Rises [Bio Market Watch]
On the 21st, shares in the pharmaceutical and biotech sector plummeted to the daily limit-down following news of the clinical failure of “TG-C” (formerly Invossa), a cell-gene therapy for osteoarthrit…
Business·Industry
Unions’ Justification for Strikes Weakens… INICS Corporation’s ‘N% Performance Bonus’ Faces Another Test
With the government making it clear that labor disputes over “N% of operating profit as performance bonuses” do not constitute a legitimate basis for a strike, attention is now focused on the future d…
Business·Industry
Let’s Promote Robots as the ‘Post-Semiconductor’ Era Begins… Samsung Display and LG Corp. Race to Secure a Leading Position in the ‘Robot Face’ Market
As SamsungElectronics and LGELECTRONICS have identified robots as their next-generation growth engine, Samsung Display and LG Display are also turning their attention to humanoid robots as a new sourc…
Business·Industry
Colma and COWAY CEOs Dip into Their Own Pockets to Buy Back Company Stock
The heads of major domestic companies, including KOLMAR HOLDINGS(024720) and COWAY(021240), have recently been purchasing their own company’s shares worth hundreds of millions of won using their perso…
Business·Industry
LGD Posts 107.7 Billion Won Operating Loss in Q2… Achieves First-Half Profit for the First Time in Five Years (Comprehensive)
LG Display posted an operating loss of 107.7 billion won in the second quarter of this year. The company recorded a loss in the second quarter due to one-time costs of approximately 240 billion won re…
Business·Industry
"Competition in China Intensifies… Expanding Mid- to Low-Priced OLED Lineup" – LG Corp. Conference Call
"Competitors in Greater China are running aggressive promotions for products like RGB Mini and Mini LED. Competition in the high-end segment is intensifying. We are actively leveraging our technologic…
Business·Industry
"Uncertainty Rises in Second Half Due to Semiconductor Chip Price Hikes"—LG Corp. Conference Call
"Uncertainty in the second half of the year is very high due to rising semiconductor chip prices. To prepare for risks stemming from declining demand and intensifying competition, we are securing supp…