SEOUL, Oct. 8 (Korea Bizwire) — South Korea’s HL Group said Tuesday it plans to acquire Stanley Robotics, a French robotics parking company, by purchasing a controlling stake. HL Robotics, a group subsidiary, is set to acquire 403,647 shares of Stanley Robotics for approximately 32.2 billion won (US$23.9 million) to secure a 74.1 percent stake [...]
SEOUL, Oct. 8 (Korea Bizwire) — North Korea is likely to deploy members of its regular armed forces to Ukraine in support of Russia, South Korea’s defense chief said Tuesday, in the latest sign of deepening military cooperation between Pyongyang and Moscow. The assessment came as North Korea has been seeking to bolster ties with [...]
SEOUL, Oct. 8 (Korea Bizwire) – LG Electronics has thrown its support behind an ambitious cultural project that will see the world’s largest Hangeul (Korean alphabet) mural adorning the walls of the Korean Cultural Center New York in Manhattan, the company announced on October 7. The Hangeul Wall Project, a collaboration between artist Kang Ik-Joong and the [...]
SEOUL, Oct. 8 (Korea Bizwire) – A concerning number of traffic accidents have occurred while vehicles were operating under Adaptive Cruise Control (ACC), a feature designed to maintain a set speed and distance from the car ahead, according to recent data from the Korea Expressway Corporation. The report, released on October 7 by Democratic Party lawmaker Park [...]
SEOUL, Oct. 8 (Korea Bizwire) – In a first for the country, the Seoul Metropolitan Government has initiated an ambitious program to attract top international talent in science, technology, engineering, and mathematics (STEM) fields. The Seoul Tech Scholarship aims to bolster the city’s future workforce in key industries. On October 7, a ceremony was held on [...]
MOKPO, Oct. 8 (Korea Bizwire) – In a unique cross-cultural television venture, Mokpo MBC and Vietnam’s VTV are collaborating on a reality program titled “Multicultural Night Market,” set in the heart of Mokpo’s old downtown district from October 7 to 11. The show, which blends elements of reality TV and culinary entertainment, centers around a vacant storefront [...]
IMSIL, Oct. 8 (Korea Bizwire) – The Imsil N Cheese Festival, celebrating its 10th anniversary this year, has shattered attendance records, drawing over 580,000 visitors to this small county in North Jeolla Province. Local officials reported that the four-day event, held from October 3 to 6, saw a surge in attendance, with approximately 20,000 more visitors than [...]
LOS ANGELES, Oct. 7 (Korea Bizwire) — In a case alleging fraud by one of the world’s largest multinational tobacco companies, 2ONE Labs and Performance Plus Marketing have filed both a trademark infringement lawsuit and a preliminary injunction against Imperial Brand subsidiaries Zone nicotine pouch mark. The suit alleges that Imperial’s Zone products infringe the [...]
Agreement further strengthens FDH’s presence and capabilities in the Asia-Pacific region COMMERCE, Calif., Oct. 7 (Korea Bizwire) – FDH Aero (“FDH”), a global provider of supply chain solutions for the aerospace and defense industry, announced today it has secured a multi-year contract with AVIC-XAIC Xi’an Aircraft Industrial Corporation (XAIC) to support China’s COMAC C919 passenger jet platform. [...]
INSIDE INFORMATION REGULATED INFORMATION Nyxoah Raises $27 Million through its At-the-Market Offering Investment by a new U.S.-based healthcare investor, strengthening the balance sheet and reinforcing U.S. focus Mont-Saint-Guibert, Belgium, Oct. 7 (Korea Bizwire) – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company that develops breakthrough treatment alternatives for Obstructive Sleep Apnea [...]