Is China feeling pressure from its own ban against Micron?

China appears to be feeling pressure of potential chip shortfall after banning US-based chipmaker Micron Technology from selling certain products to its market, and is calling for South Korean chipmakers to fill up the gap to meet its local chip demand, according to experts on Tuesday. Global Times, China’s state-run English media, said in an opinion piece on Monday it will be “natural” for South Korea’s chip companies to fill some market gap in China, if China and South

May 30, 2023

SK hynix’s Gen5 DDR5 DRAM enters validation process

SK hynix said Tuesday that it has completed the development of the industry’s most advanced 10-nanometer technology-based DDR5 DRAM for servers and has entered a validation process together with US chip giant Intel. The latest fifth-generation DDR5 DRAM is the first of its generation being tested at the Intel Data Center Certified memory program for DDR5 products to run on Intel Xeon Scalable platforms. The chips boast an operating speed of 6.4 gigabits per second, the fastest speed amon

May 30, 2023

Samsung self-repair service becomes available in Korea

Samsung Electronics said Monday it is offering a self-repair service program in South Korea for key products, including Galaxy smartphones, laptops and TVs, following the program's debut in the US last year. Under the program, the tech giant allows consumers to purchase parts and tools online to repair their devices themselves without having to visit a service center. The first products in the lineup for the service include the Galaxy S20, S21 and S22 smartphones, Galaxy Book Pro laptops an

May 30, 2023

SK bioscience's COVID-19 vaccine wins approval in Britain

SK bioscience Co., a pharmaceutical affiliate of South Korea's SK Group, said Tuesday its COVID-19 vaccine SKYCovione has won approval from British authorities. The British Medicines and Healthcare products Regulatory Agency has approved the Korean vaccine for use as a primary vaccination in those aged 18 and over in the United Kingdom, according to the company. SK bioscience said it is SKYCovione's first permission outside Korea and it has become the eighth COVID-19 vaccine authoriz

May 30, 2023

[Photo News] LG's CSR in Africa

LG Electronics said Monday it recently donated energy-efficient air conditioners to a general hospital in Nigeria as part of its ongoing social contribution activities in the region. Africa, along with the Middle East, is one of the fastest-growing markets for the Korean tech giant. Its air conditioners alone posted more than 20 percent growth in sales last year.

May 29, 2023

[Beyond Earth] Korean lunar rover developer aims for first mission in 2032

South Korea’s consecutive successes with the homegrown Nuri rocket and lunar orbiter Danuri have led to the government’s ambitious road map to land on the moon in 2032 and on Mars in 2045. While the spotlight has been shining on rockets and satellites, less attention has been paid to the sector of space robotics. Unmanned Exploration Laboratory, a Korean startup led by a young CEO, is working relentlessly to develop lunar-roving vehicles as the country’s only player to make suc

May 29, 2023

5 Nuri rocket satellites make successful communication

  With South Korea’s homegrown Nuri rocket’s successful launch to space, five out of eight satellites carried on board made two-way communication with ground stations, the Ministry of Science and ICT said Friday. The country’s King Sejong Station in Antarctica received the first signal from the main payload NEXTSat-2 or second next-generation small satellite at 7:07 p.m. Thursday, according to the ministry. A ground station in Daejeon also made contact with the satellite a

May 26, 2023

Celltrion seeks approval for Stelara biosimilar in EU

Celltrion said Friday that the company has submitted a marketing authorization application for CT-P43, the company's ustekinumab biosimilar referencing Stelara, to the European Medicines Agency. Stelara is one of Janssen's top-selling drugs. In 2022, Stelara generated $9.7 billion in revenue, according to a report released by Statista. The global market for ustekinumab last year was estimated at $17.7 billion, Celltrion added. Celltrion said its CT-P43, like the reference drug Stelara,

May 26, 2023

Naver upgrades search engine with AI

South Korean internet giant Naver has carried out an extensive renewal of the interface of its search engine to maximize user experience for super-personalized results based on artificial intelligence, the company said Friday. Naver, which operates the country’s No. 1 web portal and search engine, said it has optimized the platform for AI search, responding to rising competition with the emergence of generative AI. Naver adopted the “Air Search” algorithm for its search engine

May 26, 2023

Korea launches 3rd Nuri rocket

GOHEUNG, South Jeolla Province -- South Korea successfully conducted the third launch of the homegrown Nuri rocket Thursday, as the satellite launch vehicle reached the targeted altitude and released satellites into orbit, marking another space milestone for the country. “Following the success of the Nuri rocket’s second launch last year, today’s third launch affirmed the Nuri rocket’s flight capability and secured reliability. At the same time, it was a chance to reaffir

May 25, 2023

LG starts mass production of EV chargers

LG Electronics said Thursday it has kicked off mass production of electric vehicle chargers, officially tapping into the burgeoning market. Celebrating the production of its first EV charger, the company introduced four new models in the works at a ceremony at LG Digital Park in Pyeongtaek, Gyeonggi Province, Wednesday. During the event, the company announced the rebranding of its EV charger affiliate AppleMango to HiEV Charger. “The start of EV charger production marks a significant miles

May 25, 2023

Celltrion's Humira biosimilar gets FDA nod

Celltrion's adalimumab biosimilar CT-P17 has been approved the US Food and Drug Administration, the company announced Wednesday. CT-P17, also known as Yuflyma, is the world’s first high-concentration, low-volume and citrate-free biosimilar of Humira, an injectable treatment for rheumatoid arthritis and other autoimmune conditions. Celltrion said CT-P17 had been approved as a treatment for multiple chronic inflammatory diseases, including rheumatoid arthritis, inflammatory bowel diseas

May 25, 2023

Nuri rocket’s 3rd launch postponed

GOHEUNG, South Jeolla Province -- South Korea postponed the third launch of the homegrown Nuri rocket due to a software error during the preparation process, the Ministry of Science and ICT said Wednesday. “During the checkup on the low-temperature helium valve control, a problem occurred in the communication between computers that control the launch operation and the launch pad’s equipment. The valve itself did not have any issues as it could be operated manually. But once the valve

May 24, 2023

[H.eco Forum] 'We are in this together,' solidarity an essential pillar in overcoming climate crisis

Every problem regarding the environment cannot be solved by the actions of a single individual, but they should be tackled in unison among global citizens, according to environment experts at the H.eco Forum hosted by Herald Corp. on Wednesday. With some 130 participants ranging from environmental activists and business owners in the industry to students interested in the issue, the second session of the forum underscored the importance of solidarity when taking forward climate crisis matters. I

May 24, 2023

Naver suffers service malfunctions in China

South Korean internet giant Naver was reportedly suffering service malfunctions in major regions in China on Wednesday, fueling speculation that the Chinese authorities might be limiting people's access to the neighboring country’s dominant search engine. “We have confirmed that connection to our services, including using email and the search function, is not properly working there. But it is hard to tell for now whether China is intentionally blocking access or if it is just a

May 24, 2023

S. Korea asks US to give more leeway on chip expansion in China

South Korea has asked the United States to reconsider details of the guardrail provision of its CHIPS Act, to ease the regulations limiting Korean chipmakers from expanding their production capacity in China. In the comment unveiled by the US Federal Register on Tuesday, the Korean government has requested the US Commerce Department to review and clarify the guardrail provision, which limits the beneficiaries of its semiconductor boost program from expanding their production capacity in China an

May 24, 2023

[Herald Interview] DB Robotics ready for commercial success: CEO

Amid burgeoning demand for human assistant robots, DB Robotics, a first-generation robot developer in South Korea, is receiving renewed attention for its extensive robot lineup that ranges from a gigantic deep-sea drill robot to a microsized robot traversing blood vessels. Based on some 60 patents, the 23-year-old company has thus far developed over 300 robots, mostly for public projects. And now it aims to take a big leap by debuting its robots for commercial success, according to DB Robotics C

May 24, 2023

S. Korea to launch homegrown space rocket with 8 satellites

South Korea was preparing Wednesday to launch its homegrown space rocket Nuri in a mission to put eight satellites into orbit. The 200-ton Nuri is set to blast off from the Naro Space Center in the country's southern coastal village of Goheung at around 6:24 p.m., according to the Ministry of Science and ICT and the Korea Aerospace Research Institute. In a meeting of Nuri's launch management committee Tuesday, the science ministry and KARI concluded Nuri's final technical inspection proceeded wi

May 24, 2023

W14tr pledged to boost parts industry for future mobility

The South Korean government and major carmakers will jointly invest more than 14.3 trillion won ($10.9 billion) to promote the transition of the conventional auto parts industry to gear up for a "speedy" and "flexible" transformation for future mobility, the Industry Ministry said Tuesday. In a roundtable meeting of private auto and automotive parts companies, the Ministry of Trade, Industry and Energy announced a support measure under which the government and automakers will

May 23, 2023

ASM determined to expand investment in Korea: CEO

ASM, a global supplier of semiconductor wafer processing equipment, will break ground on its second headquarters in South Korea Wednesday, under expansion plans to boost research and production capacity of an advanced chip processing equipment solution it produces only in the country. Underscoring how South Korea already has the company’s third-biggest R&D and manufacturing facilities after the United States and Singapore, ASM President and CEO Benjamin Loh vowed to further invest to e

May 23, 2023