SEOUL, Aug. 21 (Korea Bizwire) — South Korean biopharmaceutical firm Samsung Bioepis Co. said Monday that it has reached an agreement with Japan-based drug giant Takeda Pharmaceutical Company Ltd. to jointly develop new original drugs in a bid to expand its business area beyond copies of drugs. Under the partnership, the two will develop novel [...]
SEOUL, Aug. 14 (Korea Bizwire) — Kakao Games Corp., the game unit under Kakao Corp., which operates South Korea’s most-used mobile messenger Kakao Talk, said Monday that it will publish mega-hit computer game “PlayerUnknown’s Battlegrounds” in South Korea. Under an agreement with Bluehole Inc., Kakao Games will launch the multiplayer online battle video game in [...]
SEOUL, Jul. 31 (Korea Bizwire) — The Korea Meteorological Administration (KMA) said Monday that it will hand over its numerical weather prediction (NWP) technology that it developed for the 2018 PyeongChang Winter Olympics to China, the host of the 2022 Winter Games. “To that end, a Korea-China NWP model cooperation workshop will be held at [...]
SEOUL, Jul. 31 (Korea Bizwire) — GS Retail Co., a major convenience store chain operator, said Monday it has signed an agreement with a Vietnamese company to make inroads into the Southeast Asian market. The Korean firm said it signed a deal with SonKim Group in Ho Chi Minh City on Thursday to set up [...]
SEOUL, Jul. 24 (Korea Bizwire) — Global app-based rideshare service operator Uber Technologies Inc. and South Korea’s KB Financial Group Inc. have signed an agreement to work together to launch a domestic food delivery service, the financial conglomerate said Monday. Uber is expected to launch the food delivery service, UberEATS, in South Korea by the [...]
SEOUL, Jul. 24 (Korea Bizwire) — SK Telecom Co. said Monday it agreed to join forces with a major South Korean convenience store chain to deploy its artificial intelligence product NUGU to help store clerks. The country’s No. 1 mobile carrier said it will test-run NUGU at South Korea’s largest convenience store chain CU in [...]
SEOUL, Jul. 19 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker by sales, will start operation of its fifth assembly plant in China next month to better meet growing local demand for small vehicles, the company said Wednesday. Beijing Hyundai Motor Co., a 50:50 joint venture set up by Hyundai Motor and Beijing [...]
POCHEON, Jul. 19 (Korea Bizwire) — The Korea National Arboretum (KNA) said Wednesday that it will create a Korean garden in the Eden Project, the world’s biggest botanical garden built on the site of an abandoned clay pit used for more than 160 years in the British town of St Austell, Cornwell. Completed in 2001, [...]
SEOUL, Jul. 17 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. and major entertainment agency SM Entertainment said Monday they will join forces through a series of stock sales among their affiliates, in order to beef up their content business and search for new opportunities. Under the deal, SK Telecom will buy [...]
SEOUL, Jul. 14 (Korea Bizwire) — BGF Retail Co., the operator of South Korea’s largest convenience store chain CU, said Friday it signed a franchise deal with an Iranian company marking the first overseas expansion for a convenience store operator. Under the agreement, home appliances firm Entekhab Investment Development Group will take charge of investment [...]