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Siemens and Asan Medical Center Co-develop CT Scan Method for Children

Siemens and Asan Medical Center Co-develop CT Scan Method for Children

SEOUL, Jul. 3 (Korea Bizwire) — Medical technology giant Siemens Healthineers and Seoul’s Asan Medical Center have joined hands to develop a CT scan technology that makes it easier for doctors to take a CT scan of children who have a hard time holding their breath. Existing CT technology is based on scans made in [...]

Small, Large Companies Collaborate on Testing Memory Chips, Display Parts

Small, Large Companies Collaborate on Testing Memory Chips, Display Parts

SEOUL, Jun. 28 (Korea Bizwire) — Small and medium-sized parts makers of memory chips and displays will be able to test their products in assembly lines of large companies that can improve their overall competitiveness, the industry ministry said Thursday. The Ministry of Trade, Industry and Energy held a meeting with leading semiconductor and display [...]

CJ CGV to Open 100 ScreenX Theaters with Cineworld Deal

CJ CGV to Open 100 ScreenX Theaters with Cineworld Deal

SEOUL, Jun. 14 (Korea Bizwire) — CJ CGV has signed a deal with Cineworld, the world’s second-largest cinema chain, to open 100 more ScreenX locations across the world, the largest South Korean cinema chain said Thursday. The deal was signed at the CineEurope 2018 event in Barcelona, Spain, on Wednesday (local time). Developed with South [...]

SK Chemicals Works with Daewoong Pharm to Boost Sales of Shingles Vaccine

SK Chemicals Works with Daewoong Pharm to Boost Sales of Shingles Vaccine

SEOUL, May 10 (Korea Bizwire) — SK Chemicals Co., a South Korean vaccine maker, said Thursday it has joined with Daewoong Pharmaceutical Co. to sell its herpes zoster vaccine in South Korea. Under the agreement, the two companies will work together on the sales and marketing of Skyzoster, a shingles vaccine developed by SK Chemicals, [...]

Kia Partners with Facebook to Test Augmented Reality

Kia Partners with Facebook to Test Augmented Reality

SEOUL, May 4 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-largest carmaker by sales, said Friday it has partnered with Facebook to help the U.S. social media giant test augmented reality. Earlier in the week, Facebook announced it will test a new feature in Facebook Messenger that will let users message companies to see [...]

E-Mart Signs MOU with Dutch Food Retailer SPAR International

E-Mart Signs MOU with Dutch Food Retailer SPAR International

SEOUL, May 2 (Korea Bizwire) — E-Mart Inc., South Korea’s largest discount store chain by sales, is set to sign an initial agreement with Dutch food retailer SPAR International, a company official said Wednesday, in a move to boost its presence in China. E-Mart is scheduled to sign a memorandum of understanding (MOU) with SPAR [...]

LG Acquires Shares in S. Korean AI Startup Acryl

LG Acquires Shares in S. Korean AI Startup Acryl

SEOUL, May 2 (Korea Bizwire) — LG Electronics Inc. said Wednesday that it has invested 1 billion won (US$934,000) in the South Korean startup Acryl, which specializes in the development of artificial intelligence technologies. Under the deal, LG acquired a 10 percent stake, or 336,000 shares in the venture firm. Established in 2011, Acryl focuses [...]

Naver Opens AI Research Lab with HKUST

Naver Opens AI Research Lab with HKUST

SEOUL, Apr. 13 (Korea Bizwire) — South Korea’s top portal operator Naver Corp. said Friday it has opened a research center specializing in artificial intelligence (AI) technology with Hong Kong University of Science and Technology (HKUST). The South Korean company said the research center, dubbed NAVER/LINE-HKUST AI Laboratory, will operate in Hong Kong and carry [...]