SEOUL, May 22 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chipmaker, said Friday that it has sent 300 more South Korean engineers and workers to China to complete the expansion of its second chip manufacturing plant amid the novel coronavirus pandemic. Samsung said engineers and workers, including some from its subcontractors, left [...]
SEOUL, May 22 (Korea Bizwire) — South Korea’s top pharmaceutical firm, Samsung Biologics Co., said Friday it has signed a tieup deal with multinational drug maker GlaxoSmithKline Plc. (GSK) to manufacture a GSK biosimilar product. Under the contract manufacturing organization (CMO) agreement, Samsung Biologics will commercially produce CSK’s lupus treatment, Benlysta, starting in 2022. The [...]
SEOUL, May 22 (Korea Bizwire) — SK Telecom Co., South Korea’s leading mobile carrier, has announced that it will be introducing a precise location information service at 40 golf courses nationwide with VC. VC, a manufacturer of ‘Voice Caddie,’ the KLPGA’s official distance finder device brand, is the No. 1 ICT golf device company in [...]
JEONJU, May 21 (Korea Bizwire) — Seniors at Jeonbuk National University High School in the southwestern city of Jeonju headed towards the cafeteria for lunch as the clock struck 12:30 p.m. on Wednesday, their first day of school. Having brought COVID-19 largely under control, South Korea began to reopen schools Wednesday, nearly 80 days after [...]
SEOUL, May 21 (Korea Bizwire) — The Ministry of the Interior and Safety announced Wednesday that it will integrate administrative services for foreigners, previously offered separately, with the gov.kr website. As of 2018, the number of foreign residents in South Korea, including long-term residents and naturalized citizens, has surpassed 2 million people. However, foreigners continue [...]
SEJONG, May 21 (Korea Bizwire) — South Korea’s household income rose in the first quarter from a year earlier, but the income gap between the haves and have-nots widened, as the employment situation of the low-income bracket worsened amid the coronavirus pandemic, a report showed Thursday. The average household earned 5.35 million won (US$4,357) per [...]
SEOUL, May 21 (Korea Bizwire) — South Korea is set to introduce deposits for disposable cups at coffee shops and fast food outlets, starting 2022, in its latest efforts to cut carbon emissions. Under a set of bills approved during the final session of the parliament’s 20th term Wednesday, businesses will factor in the deposits [...]
CHUNCHEON, May 21 (Korea Bizwire) — Abandoned dogs in Chuncheon, Gangwon Province, living under poor conditions, have found a new home. The city opened a new animal shelter Wednesday that was created at a cost of about 2 billion won (US$1.62 million), including state funds, provincial funds and municipal funds, to improve animal welfare. The [...]
SEOUL, May 20 (Korea Bizwire) — South Korean construction equipment makers, led by Doosan Infracore Co., are set to bask in increased sales in China as the world’s No. 2 economy is ramping up efforts to rebound from the coronavirus outbreak, industry data showed Wednesday. Doosan Infracore, South Korea’s No. 1 construction equipment maker, sold [...]
SEOUL, May 20 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong showed up at the exclusive arrival hall at Gimpo Airport Tuesday afternoon upon his return from a business trip to China, wearing a protective mask and gloves. The de facto leader of South Korea’s top conglomerate was carrying a small suitcase that accompanied [...]