SEOUL, Oct. 22 (Korea Bizwire) — Samsung Biologics Co. said Tuesday it has signed a deal worth US$1.24 billion for contract manufacturing from an Asia-based biopharmaceutical firm. The deal will last until the end of 2037, the company said in a regulatory filing. Other details remained undisclosed under a confidentiality agreement. Samsung Biologics said the [...]
GWANGJU, Oct. 22 (Korea Bizwire) — When former major league pitcher Eric Lauer made his Korea Baseball Organization (KBO) debut with the Kia Tigers on Aug. 11, he got his rude “Welcome to South Korea” moment against the Samsung Lions. Lauer, who won 36 games over six seasons with the San Diego Padres and the [...]
SEOUL, Oct. 22 (Korea Bizwire) — “Mantra,” the latest solo release from K-pop girl group BLACKPINK’s Jennie, has entered the Billboard Hot 100 chart. The digital single debuted on the chart at No. 98, Billboard said Monday (U.S. time) on social media platform X. The song has also performed well on Billboard’s global charts, reaching [...]
SEOUL, Oct. 22 (Korea Bizwire) — A pro-Russia Telegram account has posted a photo showing the Russian and North Korean flags side by side on a Ukrainian battlefield, indicating that North Korea has likely sent troops to support Russia in its prolonged war with Ukraine. The image, shared by a blogger named @rvvoenkor_bot on Monday, [...]
SEOUL, Oct. 22 (Korea Bizwire) – A recent survey has shed light on the persistent challenge of maintaining work-life balance in South Korea’s demanding corporate culture, with two out of three office workers reporting they receive work-related communications even after leaving the office. The survey, conducted by Global Research on behalf of the workplace rights organization [...]
PAJU, Oct. 22 (Korea Bizwire) – For over 20 days, residents of Paju, a city in Gyeonggi Province bordering North Korea, have been subjected to an unrelenting barrage of psychological warfare. The weapon: loudspeakers blaring an cacophony of animal cries, ghostly wails, and other unsettling sounds across the Demilitarized Zone. On October 21, Paju Mayor Kim [...]
SEOUL, Oct. 22 (Korea Bizwire) – LG Electronics is ramping up its efforts in the electric vehicle (EV) charging market by introducing advanced safety features to its slow chargers, aiming to alleviate customer concerns and accelerate its domestic EV charging business. The company announced on October 21 that it will implement a dual safety system to [...]
SEOUL, Oct. 22 (Korea Bizwire) – Lee Ki-jin, a physics professor at Sogang University known for declining a blank check offer from Chinese tech giant Huawei, has recently made headlines for a different reason: a breakthrough in non-invasive blood glucose monitoring. Lee, also recognized as the father of K-pop star CL from the group 2NE1, has [...]
The 36MW campus in Greater Tokyo’s Inzai District delivers critical capacity to one of APAC’s most strategic data center markets SINGAPORE , Oct. 22 (Korea Bizwire) — STACK Infrastructure (“STACK”), the digital infrastructure partner to the world’s most innovative companies and a leading global developer and operator of data centers, announced the completion of the [...]
SEOUL, Oct. 21 (Korea Bizwire) – In a rare admission of weakness, Samsung Electronics has acknowledged internal problems affecting its semiconductor business, marking a formal recognition of the crisis that has been brewing throughout the year. The head of Samsung’s semiconductor division, Kyung Kye-hyun, expressed remorse for the company’s weakening technological competitiveness, conceding that the issues [...]