NAVER D2SF Invests in Digital Health and Autonomous Driving Startups
Through its startup accelerator D2SF Startup Factory, Naver Co. invested in two new startups in digital health and autonomous driving....
Samsung to Inject 8.5 Trillion Won in NAND Chip Line at Pyeongtaek Fab
On Monday, Samsung Electronics said it would inject 8.5 trillion won ($7 billion) in its advanced V-NAND flash memory chip...
Celltrion’s CT-P59 Antiviral Candidate Reduces COVID-19 Virus 100-Fold
Celltrion announced on Monday that its antiviral treatment candidate CT-P59 for COVID-19 positively lowered the amount of SARS-CoV-2 virus in...
Nissan: Sales Plummet Cause Withdrawal from South Korean Market
Nissan Motor Co., Ltd. announced on Thursday that it would pull out its operations from the South Korea market by...
Hyundai Mobis to Inject 1 Trillion Won for Future Mobility R&D this Year
Hyundai Mobis, a South Korean car parts maker, announced on Wednesday that it would inject around 1 trillion won ($810...
ulikekorea Introduces AI-Based COVID-19 Body Patch Monitoring Tech
uLikeKorea announced on Wednesday that it successfully developed a "COVID-19 body patch monitoring technology" that could monitor the user's real-time...
KT Deploys 5G-Powered Self-Driving Cargo Carts in Distribution Center
KT Corp. announced on Sunday that it employed the use of 5G-powered self-driving carts at its distribution center. The South...
ComeUp 2020 to Support Startups Post-Coronavirus Era
The Ministry of SMEs and Startups announced last week that it would host the ComeUp 2020 startup event in November...
Samsung Biologics Signs 287 Bln Won CMO Supply Deal with GSK
Samsung Biologics Co. on Friday said that it signed an eight-year contract manufacturing organization (CMO) deal valued at 287 billion...
Macrogen’s AxenTM COVID-19 RT Test Kit Gets Export Approval
Macrogen, a South Korean genomics biotech firm, said on Thursday that its test kit AxenTM COVID-19 RT received export approval...
LG Plans Relocation of Two S. Korea TV Production Lines to Indonesia
LG Electronics on Wednesday said that it would expand its overseas television (TV) production lines by relocating two of its...
SK Bioscience: Gates Foundation Funds 4.4 Bln Won for Vaccine R&D
On Tuesday, SK Bioscience announces that it would receive 4.4 billion won ($3.6 million) financial backing from the Bill &...
KT to Conduct Epidemic Research with Support from Gates Foundation
KT Corp. announced on Sunday that it would conduct three-year research with support by the U.S.-based Bill & Melinda Gates...
SK Telecom, Samsung Reveal First 5G Smartphone with Quantum Cryptography
SK Telecom Co., with Samsung Electronics, on Thursday, introduced the world’s first 5G smartphone armed with a super-strong quantum cryptography...
Samsung, Hyundai Motor Leaders Discuss EV Battery Biz Partnership
Lee Jae-yong, Samsung Group’s vice chairman, and Chung Eui-sun, Hyundai Motor Group’s executive vice-chairman, held a meeting on Wednesday to...
Hyundai to Create Hydrogen Charging Stations at Incheon Airport
Hyundai Motor Co. on Tuesday announced its partnership with the Incheon International Airport Corporation (IIAC), Air Liquide Korea, and Hydrogen...
SK Telecom, Volvo Partner to Develop In-Vehicle Infotainment System
SK Telecom announced on Monday that it would provide its integrated in-vehicle infotainment (IVI) service to cars sold by Volvo...
Ministry Slaps 79.5 Bln Won on Benz, Nissan, Porsche for Emission Cheat
South Korea’s Ministry of Environment announced on Wednesday that it would impose fines and file criminal complaints against Mercedes-Benz Korea,...
Tada Operator VCNC Files Appeal against Revised Transport Act
The operator of the South Korean ride-hailing service provider Tada, Value Creators & Company (VCNC), filed an appeal to the...
Nexon Implements Subscription Model for Shooting Game “Sudden Attack”
Nexon announced that it implemented a subscription-based model for its shooting game “Sudden Attack.” According to the South Korean game...
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