Corporation
Lifestyle
'Loresibint Under Review for Approval in the U.K. Following U.S. Approval'… SamilPharmaceutical Gets Green Light to Enter 8 Trillion Won Korean Market
SamilPharmaceutical(000520)With “Lorecivivint,” a new drug for osteoarthritis for which BioSplice holds exclusive domestic distribution rights, entering the regulatory review process in the UK followi…
SMEs
INNOSIMULATION CO., LTD. Partners with Japan's FORUM8 to Target the Driving Simulator Market
INNOSIMULATION CO., LTD.(274400) is partnering with FORUM8, a Japanese engineering VR and 3D software company, to expand into the Japanese driving simulator market.
INNOSIMULATION CO., LTD. ann…
Lifestyle
[Exclusive] KMPHARMACEUTICAL Co.,Ltd. Fails to Surpass 20 Billion Won in Market Cap… First Delisting from K-Bio
Following the government’s measures to tighten KOSDAQ delisting requirements, the first delisting case has emerged in the pharmaceutical and biotech industry. KMPHARMACEUTICAL Co.,Ltd., a small but st…
Lifestyle
Aptabio Therapeutics Inc. Takes a Gamble with APX-115 Package Deal… Next Month Will Be a Turning Point for Its “Valuation”
Aptabio Therapeutics Inc.(293780)is making a bold move with a “package deal” as it pursues the technology export of “APX-115” (Isuzinacxib), a pan-NADPH oxidase (Pan-NOX) inhibitor currently under dev…
Heavy Industries
Hanwha Aero Signs Contract to Export 18 Cheonmu Systems to Croatia… Worth 640 billion won
HANWHA AEROSPACE(012450)has signed a 640 billion won export contract with Croatia for its domestically produced multiple-launch rocket system, the “Cheonmu.” Croatia has become the fourth European cou…
Electronics
SK Hanik Management and Labor Agree to Lower the Ratio of Performance Bonuses Paid in Company Stock to 50%… Another Attempt to Reach an Agreement Before Chuseok (Comprehensive)
Labor and management at SK hynix have reached a revised tentative agreement to lower the proportion of performance-based bonuses (PS), known as excess profit distribution, paid in the form of company …
Electronics
SAMSUNG SDI CO.,LTD. Also Shifts Performance Bonus Funding Source from ‘EVA’ to ‘Operating Profit’
SAMSUNG SDI CO.,LTD. is changing the basis for calculating the funding for its performance-based bonus, the Excess Profit Incentive (OPI), from Economic Value Added (EVA) to operating profit. Followin…
Lifestyle
"You Have to Buy This When You Visit Korea"... The 'Snack' Foreigners Are Snapping Up
ORION’s “Bichobbi,” which has gained popularity as a “K-souvenir” among foreign tourists visiting South Korea, is expanding its sales channels to Japan and the United States. The company plans to expa…
Lifestyle
"It's 32 degrees outside, but my fingertips are freezing"—One box every 3 seconds… The 'place' where CJ LOGISTICS is focused [Report]
As the thick door to the frozen food storage chamber swung open, a blast of cold air rushed out. While the temperature outside had soared to 32°C due to a late-summer heatwave, inside it was -18°C. Ev…
Lifestyle
K-Food Takes Center Stage in Mexico… Ramen, Fried Chicken, and Ice Cream All Make an Appearance
Major South Korean food companies such as Nongshim(004370),CJ CheilJedang Corp(097950), andBinggrae(005180), along with chicken franchise chains like BBQ, are gathering in Mexico. The goal is to capit…