Samsung Electronics will bet on its home purification solutions at Europe’s biggest consumer electronics fair, which kicks off this Friday. The company said Monday that it will showcase its clothing purification wardrobe “Air Dresser,” cordless vacuum cleaner “Jet” and windless air purifier “Cube” at the upcoming Internationale Funkausstellung, better known as IFA 2019, slated for Sept. 6 to 11 in Berlin.  Samsung referenced a survey of European con

Industry Sept. 2, 2019

SK Holdings will launch SK Pharmteco in January in California, consolidating its contract manufacturing organizations in Korea, the US and Europe with a long-term aim of a market debut in the US, the company said Monday.“With the future US IPO (initial public offering) of SK Pharmteco and with additional mergers and acquisitions, we will grow to become a global top 10 CMO,” said an SK Holdings representative. A contract manufacturing organization refers to a company that provides con

Industry Sept. 2, 2019

With gaming indulgence now identified as a diagnosable disorder by the World Health Organization, one question hangs in the sky blazing in neon lights: Are professional gamers game addicts? The short answer is no. The longer answer lies below. Gaming disorder, as defined by WHO, applies to those who have difficulty controlling their behavior, whose fixation on gaming undermines other critical aspects of life such as human connections and work. “Addiction is akin to social isolation. P

Industry Sept. 1, 2019

SK Plasma signed a memorandum with Indonesia’s state-run PT Bio Farma and the Red Cross Society on transferring technology for separating out blood components as part of its effort to expand its health care business, the company said Sunday.SK Plasma is a subsidiary of SK Chemical that focuses on plasma-derivatives, such as albumin, immunoglobulin, coagulation factor, antithrombin III and others. These derivatives are essential medicines for congenital immunodeficiency diseases, hemophilia

Industry Sept. 1, 2019

US ophthalmologic gene diagnosis company Avellino Labs is preparing for its initial public offering on the Kosdaq, South Korea’s secondary bourse. It expects to be listed in the fourth quarter of this year at the earliest. Avellino Labs chief sales and marketing officer, Eric Bernabei, met with The Korea Herald for an interview in Gangnam, Seoul, on Thursday, during his four-day visit to the country for meetings with underwriters and officials at the Korea Exchange. Bernabei was joined by

Industry Sept. 1, 2019

SKT T1 bagged its eighth LoL Championship Korea finals win on Saturday at the LCK Summer 2019 playoff at Korea University Hwajeong Gymnasium, beating Griffin 3-1 and setting record as the team with the most number of LCK champion title.Griffin became three-times consecutive runner-up, also a record, but with a bitter taste in mouth as it was the top ranking team in summer season's regular league. SKT T1, on the other hand, had been fourth ranking team but shot up to the finals through

Industry Aug. 31, 2019

An estimated 1.7 million expatriates reside in Korea, according to the latest figures from the Ministry of Justice. More among the foreign population shop for groceries online via locally operated platforms, where there are options to shop vegetarian, omnivorously or halal. Reflecting the growing demand from foreign consumers, local online marketplace Gmarket, operated by eBay Korea, said Wednesday that it has launched the Hansoowe Gift Set, with curated and discounted gift items exclusive to th

Industry Aug. 28, 2019

League of Legends teams Griffin and SKT T1 will fight for the crown in the final match of summer season of LoL Champions Korea 2019 on Saturday at 5 p.m. at Korea University Hwajeong Gymnasium. All 3,500 seats sold out minutes after ticket sales opened Monday, but those wishing to watch the game from home or via mobile devices can do so through SK Telecom, KT and LG Uplus’s multiview livestreaming of the match.The winning team for LCK Summer 2019 will take home 100 million won ($82,00

Industry Aug. 27, 2019

Hanmi Pharmaceuticals on Tuesday said its work to develop novel drug pipelines was continuing at a steady pace as part of the company’s ongoing efforts to enter the world stage. Hanmi currently has about 30 innovative novel drug pipelines, including potential treatments for nonalcoholic steatohepatitis, better known as fatty liver disease, as well as some rare incurable diseases. Hanmi shares had recently tumbled upon news of successive decisions by big global pharmas to return licensing r

Industry Aug. 27, 2019

Shares of Kolon Group affiliates took a dip Tuesday, following the Korea Exchange’s announcement that it has tentatively to delist Kolon TissueGene.　Kolon TissueGene, which had traded at 75,000 won ($62) at its peak, stands at 8,010 won per share, with trading halted and not taking place Tuesday. Kolon LifeScience, the umbrella company of TissueGene, closed at 21.82 percent lower than the previous day at 17,200 won. Kolon fell 5.41 percent.　The Korea Exchange (KRX) made the decision the pr

Industry Aug. 26, 2019

British American Tobacco’s latest music video-like YouTube commercial has prompted Korean health authorities to discuss new legislature to restrict advertisements of e-cigarette devices. The ad “Glo Sens X Loopy&nafla” features popular musicians and has amassed close to 105,000 views as of Friday 11:30 a.m., 11 days after its release.Korean health authorities strictly restrict direct advertisements of tobacco products. However, Glo Sens is not classified as tobacco but as a

Industry Aug. 23, 2019

Korea’s SK Telecom said Thursday that it became the first in the world to have over 1 million 5G subscribers for a single network service, vying against 28 other such telecommunication network services in the world.Yoo Young-sang, SKT’s executive vice president and head of the Mobile Edge Computing department, said, “Korea is a unique country that has all the facets that enable a 5G ecosystem such as the technology, the infrastructure, the service and the subscribers. “We

Industry Aug. 22, 2019

Soldiers in Korea will be given virtual reality games to destress and unwind.Smilegate Stove, a Smilegate Group affiliate, said Wednesday it has begun providing VR games to soldiers at Camp 72 in Yangju, Gyeonggi Province, in collaboration with telecom service KT, army-targeted leisure content provider K-Friends and VR content distributor Shilgam.  Some 80 VR games are provided at each of the two VR game booths installed at the Culture Complex at Camp 72. This is the biggest scale of availa

Industry Aug. 21, 2019

Medical device developer GE Healthcare on Wednesday introduced an artificial intelligence based hospital operation platform called “Clinical Command Center,”for the first time in Korea. Clinical Command Center streamlines the use of real-time data for more efficient patient care such as predicting forecasted demand, managing transfers between facilities, supporting efficient care progression, and discharge planning.   The machine-learning AI is being displayed at the K-Hosp

Industry Aug. 21, 2019

10년 넘게 강남권 지하철역 광고판을 도배해온 ‘물방울 가슴 성형’이 희귀암을 발생시킬 가능성이 있는 것으로 알려지며 소비자들의 불안감이 증폭되고 있다. 최초 국내 확진 환자가 발표된 14일 이후 강남의 한 성형외과병원에서 만난 A(24)씨는 적절한 정보와 안내를 받을 창구가 없음에 답답함을 토로했다. 관련 영문기사: Are ‘water drop’ breast implants a ticking time bomb in the chest?A씨는 3년전 가슴 성형 수술을 받았는데, “당시 원장도 엘러간이 전세계적으로 유명한 회사고 본인 가족 같아도 이 보형물을 추천하겠다며 확신을 줬다”고 말했다.A씨가 시술받은 엘러간사의 ‘바이오셀 텍스쳐드(거친표면)’ 보형물은 현재 미국 식품의약국 FDA의 권고로 전세계적 리콜을 진행중이다.  “수술했던 병원에 전화해보니까 나를 방

한국어판 Aug. 21, 2019