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S. Korean Battery Companies Invest in Battery Recycling Market

S. Korean Battery Companies Invest in Battery Recycling Market

SEOUL, Aug. 9 (Korea Bizwire) — South Korean battery companies are delving into the battery recycling market as discarded batteries emerge as a promising avenue for future ventures, coinciding with the expansion of the electric vehicle market. LG Energy Solution Ltd. on Tuesday set up a joint venture with China’s Huayou Cobalt Co. for battery [...]

Half of Korean Android Users in Their Teens and 20s Switch to iPhones

Half of Korean Android Users in Their Teens and 20s Switch to iPhones

SEOUL, Aug. 9 (Korea Bizwire) — Nine out of 10 young smartphone users in their teens and 20s opted for an Android phone as their initial smartphone, but over half of them eventually transitioned to iPhone smartphones. According to the report by industry tracker Counterpoint Research, about 85 percent of Korean smartphone users under the [...]

Korean Scientists Develop Ultra-precision Location Recognition Technology

Korean Scientists Develop Ultra-precision Location Recognition Technology

DAEJEON, Aug. 9 (Korea Bizwire) — A South Korean research team has developed ultra-precision, large-scale location recognition technology capable of intricately controlling the movements of Internet of Things (IoT) devices and robots. Researchers from the Korea Advanced Institute of Science and Technology (KAIST) said Tuesday they have created a wireless tag integrated with ultra-precision location [...]

Websites for Sharing Crime Information Emerge amid Stabbing Attack Fears

Websites for Sharing Crime Information Emerge amid Stabbing Attack Fears

SEOUL, Aug. 9 (Korea Bizwire) — A series of random stabbings in South Korea has given rise to the emergence of X (formerly known as Twitter) accounts and websites dedicated to gathering information on atrocious crimes and disseminating it. The X account titled “Updates on Stabbings and Various Terror Guides,” created earlier this month, has [...]

Nyxoah Reports Second Quarter and First Half 2023 Financial and Operating Results

Nyxoah Reports Second Quarter and First Half 2023 Financial and Operating Results

Mont-Saint-Guibert, Belgium, Aug. 8, (Korea Bizwire) – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today reported financial and operating results for the second quarter and first half of 2023. Recent Financial and Operating Highlights Presented 12-month efficacy data1 on the [...]

Gorilla Technology Group Hires Global Economics Group for Due Diligence, Advancing in Battle Against Illegal Short Selling; Takes Aggressive Action to Defend Stock from Manipulation

Gorilla Technology Group Hires Global Economics Group for Due Diligence, Advancing in Battle Against Illegal Short Selling; Takes Aggressive Action to Defend Stock from Manipulation

LONDON, Aug. 8 (Korea Bizwire) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today addressed the price volatility in trading of its stock, which the company suspects is due in large part to illegal manipulation. Gorilla Chairman and Chief Executive Officer Jay Chandan [...]

The Metals Company Announces Second Quarter 2023 Corporate Update Conference Call for Monday, August 14, 2023

The Metals Company Announces Second Quarter 2023 Corporate Update Conference Call for Monday, August 14, 2023

NEW YORK, Aug. 8 (Korea Bizwire) — The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, August 14, 2023, to provide an update on second quarter financial results and recent corporate developments. Second Quarter [...]

Ingredion Incorporated Reports Strong Second Quarter Results and Raises Full-Year Outlook

Ingredion Incorporated Reports Strong Second Quarter Results and Raises Full-Year Outlook

Second quarter 2023 reported and adjusted operating income* grew 18% and 17%, respectively, compared to PY Second quarter 2023 reported and adjusted EPS* were $2.42 and $2.32, an increase of 14% and 9%, respectively The Company raises its full year adjusted EPS outlook to be in the range of $8.80-$9.40, up from $8.70-$9.40 WESTCHESTER, Ill., Aug. 8 [...]

Grimaldi Alliance: “IGB Insurance Gold Brokers is Financially Sound”

Grimaldi Alliance: “IGB Insurance Gold Brokers is Financially Sound”

MILAN, Italy, Aug. 8 (Korea Bizwire) — “A financially sound company.” This is the outcome of the independent analysis conducted by Grimaldi Alliance on the reclassified financial statements of the insurance brokerage company IGB Insurance Gold Broker Srl, led by CEO Angelo Coviello. “After conducting the analysis”, as stated in the final report, “IGB is [...]