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Samsung Electro-Mechanics Posts Strong Quarter as AI Infrastructure Spending Accelerates

Samsung Electro-Mechanics Posts Strong Quarter as AI Infrastructure Spending Accelerates

SEOUL, Jan. 23 (Korea Bizwire) – Samsung Electro-Mechanics Co. said Friday its fourth-quarter net profit rose 7.6 percent from a year earlier, amid strong global investment in artificial intelligence (AI) infrastructure. Net profit for the October-December period came to 227.3 billion won (US$154.8 million), compared with 208.4 billion won tallied a year earlier, the company [...]

South Korea Rejects Coupang Investors’ Claims of Targeted Government Action

South Korea Rejects Coupang Investors’ Claims of Targeted Government Action

SEOUL, Jan. 23 (Korea Bizwire) —  South Korea on Friday rejected claims by U.S.-based investors in Coupang that the government had targeted the e-commerce giant, calling their use of remarks by Prime Minister Kim Min-seok in a planned international arbitration case a “deliberate distortion.” The Office for Government Policy Coordination said an arbitration notice submitted [...]

Crinetics Initiates Phase 2/3 Pediatric Trial Evaluating Atumelnant in Congenital Adrenal Hyperplasia (CAH)

Crinetics Initiates Phase 2/3 Pediatric Trial Evaluating Atumelnant in Congenital Adrenal Hyperplasia (CAH)

First in class study of an investigational ACTH receptor antagonist aims to address significant unmet need in children and adolescents with classic CAH SAN DIEGO, Jan. 22, 2026 (Korea Bizwire) – Crinetics Pharmaceuticals, Inc. (Nasdaq: CRNX) today announced that the first patient has been dosed in the BALANCE-CAH Phase 2/3 trial evaluating investigational candidate atumelnant, a novel, [...]

Amlan® International Announces Promotion of Dr. Robin Jarquin to Vice President of Sales – Latin America

Amlan® International Announces Promotion of Dr. Robin Jarquin to Vice President of Sales – Latin America

CHICAGO, Jan. 22, 2026 (Korea Bizwire) – Amlan® International, the animal health business of Oil-Dri® Corporation of America (NYSE: ODC), is pleased to announce the promotion of Dr. Robin Jarquin to Vice President of Sales, Latin America. In this expanded leadership role, Dr. Jarquin will leverage his deep industry experience and strong regional expertise to drive sales [...]

State of Louisiana and Persona AI Launch Humanoid Pilot at SSE Steel Fabrication

State of Louisiana and Persona AI Launch Humanoid Pilot at SSE Steel Fabrication

A Media Snippet accompanying this announcement is available by clicking on this link. Public-private agreement positions Louisiana as a national testbed for embodied AI in advanced manufacturing and industrial workforce innovation NEW ORLEANS, Jan. 22, 2026 (Korea Bizwire) – The State of Louisiana and Persona AI headquartered in Houston, Texas, today announced the signing of [...]

Hyundai’s Humanoid Robot Push Faces Early Resistance From Labor Union

Hyundai’s Humanoid Robot Push Faces Early Resistance From Labor Union

SEOUL, Jan. 23 (Korea Bizwire) — Hyundai Motor Group’s ambitious plan to position humanoid robots as a pillar of its future growth is facing stiff internal resistance, as labor leaders move to block the introduction of robots on production lines without formal agreement. The conflict emerged this week after Hyundai’s powerful labor union warned that no [...]

Seoul Grants Conditional Approval for BTS Comeback Show at Gwanghwamun Square

Seoul Grants Conditional Approval for BTS Comeback Show at Gwanghwamun Square

SEOUL, Jan. 23 (Korea Bizwire) — The Seoul metropolitan government said Thursday it has granted conditional approval for a major BTS comeback performance scheduled for March at Gwanghwamun Square, setting the stage for one of the city’s largest cultural events in recent years. The decision was made during the city’s first Gwanghwamun Square advisory committee meeting [...]

As Climate Shifts, Seoul Expands Legal Oversight of Urban Pest Surges

As Climate Shifts, Seoul Expands Legal Oversight of Urban Pest Surges

SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s climate and environment authorities said Thursday they will begin formally managing insects that appear in large numbers in urban areas, responding to a rise in outbreaks linked to climate change. The Ministry of Climate, Energy and Environment announced that so-called “urban mass-occurrence insects,” including the red-backed lovebug, will [...]

Spouses Emerge as Primary Emotional Support During Menopause, Korean Study Finds

Spouses Emerge as Primary Emotional Support During Menopause, Korean Study Finds

SEOUL, Jan. 23 (Korea Bizwire) — More than six in 10 men and women experiencing menopause in South Korea say their spouse is their most important source of emotional support, according to a new study highlighting shifting family dynamics in midlife. The findings were released Thursday by the LifePlus Femtech Research Institute of Hanwha General Insurance, [...]