Most Popular
-
1
Military aircraft evacuating S. Koreans in Lebanon returns home
-
2
Seoul Fireworks Festival ends smoothly, but leaves piles of trash
-
3
Yoon set for talks with Marcos in Philippines
-
4
[AtoZ into Korean mind] The price of numbers: How rankings shape lives in Korea
-
5
Baseball star Hwang Jae-gyun, T-ara's Jiyeon file for divorce mediation
-
6
2 US B-1B bombers conducted joint drill with S. Korean Air Force on Oct. 1 Armed Force Day
-
7
Can Jennie break the K-pop solo artist slump?
-
8
[Exclusive] Korea’s defense acquisition agency fails to meet legal standard for women representation
-
9
Firefighters’ 3,000 won meals spark nutrition concerns
-
10
From thrillers to animation: Netflix's 2025 Korean originals promise universal fun, fresh stories
-
Celltrion to offer HIV treatment Temixys in US at lowest market rate
Celltrion will launch its human immunodeficiency virus treatment Temixys in the US at a significantly lower price, the company announced Tuesday. Temixys was approved in November 2018 by the US Food and Drug Administration. Celltrion said it expects the drug’s commercialization to start soon. The tablet is taken once daily and combines the two original chemical drugs Epivir and Viread. As original drugs, the cost for Epivir oral solution (10 mg/mL) is around $125 for a supply of 240 millil
Oct. 1, 2019
-
Samsung BioLogics wins patent suit against Lonza
Samsung BioLogics said Tuesday it has won a lawsuit against Switzerland-based Lonza that is critical for manufacturing antibody agents in South Korea.Following the court ruling, domestic contract development pharmaceutical firms will be able to employ a more efficient method for cell culture production to boost their performance, a company official said.Cell culture is the process by which cells are grown under controlled conditions, generally outside their natural environment. The Korean firm h
Oct. 1, 2019
-
Smilegate Investment hosts bio seminar
Smilegate Investment, in collaboration with its social responsibility unit Smilegate Hope Studio and the Korea Biotechnology Industry Organization, hosted the 2019 Smilegate Global Health Frontier Seminar in Seoul on Monday.Attended by major pharma and bio companies in Korea as well as prominent faculty members from Johns Hopkins University School of Medicine, the seminar featured lectures and discussion panels that sought to share new insights into the bio sector.In addition, Korean biotech fir
Oct. 1, 2019
-
Asiana to offer weekly flight to Melbourne from December
Asiana Airlines said Tuesday it will launch a weekly flight to Melbourne, Australia, from Dec. 26 to Feb. 20. The first-ever direct flight to the second-largest city in Australia will leave Incheon Airport at 7 p.m. every Thursday and arrive in Melbourne at 7:30 a.m. the next day. The 300-seat Boeing B-777 will be used for the route. Starting with this flight, the air carrier said it will continue to expand long-haul routes. The price of a return ticket from Incheon to Melbourne
Oct. 1, 2019
-
LS Cable & System disaster safety products certified
LS Cable & System has received government certification for its national disaster safety products, becoming the first cable manufacturer to gain this recognition, the firm said Tuesday. The certified products are fireproof, and they emit less smoke and lower levels of toxic gas during a fire, according to the company. In the event of a fire, the company explained, durability is crucial for emergency lights, fire alarms, sprinklers, ventilators and evacuation facilities. The company&rsqu
Oct. 1, 2019
-
S. Korea urges Japan to resolve trade dispute
South Korea on Tuesday once again urged Japan to resolve their trade dispute through consultations in accordance with the World Trade Organization regulations, according to government officials. Japan unilaterally announced its decision to impose tighter export controls against Korea three months ago. On July 4, it tightened export controls for three high-tech materials: fluorinated polyimide, photoresist and hydrogen fluoride.“The export restrictions are still in place. The number of expo
Oct. 1, 2019
-
US e-scooter firm Lime taps S. Korea this week
US electric scooter company Lime said Tuesday it will begin e-scooter sharing services in South Korea on Friday to capture burgeoning demand for urban mobility solutions. South Korea will be the first Asian market where Lime will introduce its e-scooter sharing platform, Lime Korea said in a statement."We are extremely excited to finally start Lime's e-scooter service in Korea, a dynamic market with significant demand for increasing micro mobility," Mitchell Price, Lime's Asia Pacific
Oct. 1, 2019
-
Pulmuone’s kimchi tops market share in US
South Korean food manufacturer Pulmuone said Monday that its packaged ready-made kimchi has secured the largest market share in the US.According to Nielsen research data, Pulmuone had a market share of 40.4 percent as of August. In September last year, the South Korean firm tapped the US market under the brand called Nasoya, the top US tofu manufacturer which is owned by Pulmuone Foods USA. The company said its No. 1 position was due to its partnership with 3,900 Walmart stores, 1,100 Kroge
Sept. 30, 2019
-
South Korea strengthening taxation of YouTubers
The government is moving to strengthen taxation of high-income influencers and content creators on social networking services, including YouTubers, to prevent tax evasion, according to documents submitted to lawmakers on Monday. According to Rep. Kang Byung-won of the Democratic Party of Korea, the Finance Ministry has been collecting foreign exchange receipts exceeding $10,000 per person from the Bank of Korea, and using the data for tax reports and investigation of high-income influencer
Sept. 30, 2019
-
Allergan announcess compensation plan for breast implant patients
Allergan Korea on Monday rolled out compensation plans for patients treated with its breast implants, but fell short of expectations.The pharmaceutical firm’s rough-textured Natrelle Biocell Textured Breast Implants were red-flagged by the US Food and Drug Administration in July for having a sixfold risk of causing breast implant-associated anaplastic large cell lymphoma (BIA-ALCL) -- a rare cancer of the immune system. Allergan has globally recalled all its products. The first Korean diag
Sept. 30, 2019
-
[Photo News] 2019 KGCCI Innovation Awards
INNOVATION AWARDS -- Korean four-dimensional radar technology firm Bitsensing CEO Lee Jae-eun (center) poses for a photo with Manfred Martin, a professor at RWTH Aachen University, at the fifth KGCCI Innovation Awards ceremony held at the Sebitseom floating islands in Seoul on Friday. During the event, Bitsensing and three other companies, including 42 Maru, BASF Korea and Henkel Korea, received innovation awards in the presence of high-ranking executives from the Korean-German business communit
Sept. 30, 2019
-
Apple to propose revised measures over alleged violation of competition law
The South Korean unit of US tech giant Apple Inc. has said it will submit revised voluntary corrective measures over its alleged violation of competition law, the anti-trust regulator said Monday.Apple Korea is suspected of having required South Korean mobile phone carriers -- SK Telecom Co., KT Corp. and LG Uplus Corp. -- to pay the cost of television advertisements for its iPhones and their warranty costs.Apple has said that advertisements benefit both the company and South Korean mobile carri
Sept. 30, 2019
-
Nexon to launch new mobile game V4 in Nov.
Korean game company Nexon said Saturday it will release a new mobile game titled V4 on Nov. 7, having already postponed a number of other games.Nexon had set out this year with ambitious plans to launch 10 new mobile games within the first half of 2019. However, the mobile version of The Kingdom of the Winds: Yeon, as well as SinoAlice, a Japanese game whose global distribution rights Nexon acquired, have both been postponed without being rescheduled. The Kingdom of the Winds: Yeon had a closed
Sept. 29, 2019
-
Samsung strikes back at LG over legitimacy of QLED reference
Samsung Electronics on Sunday struck back at LG Electronics, saying its reference to quantum-dot light-emitting diodes for TV commercials had already been approved in major overseas markets.“It is regretful that the QLED reference is belatedly becoming an issue in Korea, when it had been cleared for use at major overseas markets,” said a Samsung representative. Samsung said the QLED label for its TVs had been approved by advertisement authorities in the US, the UK and Australia
Sept. 29, 2019
-
Bringing Avengers to life: CJ vows next-level cinema with multisensory tech
When CJ launched the first 4DX theater at its movie-screen brand CGV in 2009, people were unfamiliar with the concept of watching a flick that stimulates the senses with special effects such as motion seats, wind, water, lights and scents.“Until then, many people only had a chance to experience moving or vibrating chairs with special effects at some of the attractions at theme parks,” Kim Jong-ryul, CEO of CJ 4DPlex, told reporters during a press conference to celebrate the company&r
Sept. 29, 2019
-
New KAI chief urges focus on winning orders
The new chief executive officer of aerospace and defense company Korea Aerospace Industries has urged his employees to focus all of their capabilities on winning orders to overcome the management crisis, the firm said Sunday. “Despite the harsh environment, KAI has achieved remarkable growth through the efforts of its employees and partner companies as well as support from the government. However, the company is in a crisis due to stagnant sales and orders over the past five years,&rd
Sept. 29, 2019
-
[News Focus] LG Chem-SK Innovation dispute reveals workforce vulnerability
The months-long legal dispute between South Korea’s major battery makers centering on alleged talent poaching has shaken up other rivals, according to industry sources Sunday. Many companies are reportedly concerned about holding on to their employees and protecting their intellectual property rights. After LG Chem accused SK Innovation in April of recruiting as many as 76 of its employees and stealing its trade secrets, some news reports have suggested the poaching has crossed borders.
Sept. 29, 2019
-
SK Innovation accuses LG Chem of reneging on patent deal
SK Innovation on Sunday expressed regret over the patent infringement lawsuit recently filed against it by LG Chem with a US court, as they had agreed five years ago not to sue each other on one particular patent case.Vowing a befitting response as the legal battle rages, SK Innovation said, “We will respond strongly by taking all possible legal actions,” lashing out at LG Chem for failing to create a virtuous cycle through fair and cooperative competition.The remarks came as LG Chem
Sept. 29, 2019
-
S. Korea's exports set to drop for 10th consecutive month in Sept.: poll
South Korea's exports are expected to fall for the 10th consecutive month in September, a poll showed on Sunday, amid a protracted slump in the memory chip segment, the backbone of Asia's No.-4 economy.Outbound shipments are expected to decrease 10.3 percent this month on-year at $45.4 billion, according to the poll conducted by Yonhap Infomax, the financial service arm of Yonhap News Agency. The trade surplus, meanwhile, is expected to reach $5.2 billion, marking 92 straight months in which the
Sept. 29, 2019
-
Samsung Electronics likely to report 60.2% plunge in Q3 operating profit
Samsung Electronics Co., the world's largest maker of memory chips and smartphones, is likely to report a 60.2 percent plunge in its third-quarter operating profit, hit by continuing falls in chip prices, an industry report showed Sunday. According to the report by Seoul-based financial market tracker FnGuide, Samsung is expected to post 6.9 trillion won ($5.8 billion) in third-quarter operating profit, compared with a profit of 17.5 trillion won a year ago. Compared with a previous estima
Sept. 29, 2019