SEOUL, Jan. 14 (Korea Bizwire) — According to the pharmaceutical industry on January 13, major South Korean biopharmaceutical companies including Yuhan Corp. and LG Chem Ltd. are building a foothold in Boston. The plan is to use city, the world’s largest bio-cluster, as a base for open innovation. Yuhan has already established a legal entity [...]
SEOUL, Jan. 11 (Korea Bizwire) — Samsung Electronics Co., the world’s leading smartphone maker, said Friday the company will roll out its next flagship smartphone, the Galaxy S10, in San Francisco late next month. Samsung said it will host an Unpacked event at San Francisco’s Bill Graham Civic Auditorium on Feb. 20, 2019, to showcase [...]
SEOUL, Jan. 10 (Korea Bizwire) – South Korean electric car battery makers such as LG Chem Ltd. are jacking up their investment to strengthen their standing in the global market, industry sources said Thursday. Late last year, LG Chem, the country’s leading electric vehicle (EV) battery manufacturer, announced investments totaling 3 trillion won (US$2.67 billion). [...]
SEOUL, Jan. 9 (Korea Bizwire) – Han Seong-sook, CEO of Naver Corp., a South Korean online search portal, said Naver’s success over the last 20 years is based on “taking a path different from others.” At a press conference held in Las Vegas on Monday, Han said that Naver created the search engine, Line mobile messenger, and [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — South Korean home appliance maker LG Electronics Inc. on Monday unveiled the world’s first rollable OLED television, which can appear and disappear from a base unit with a click of a remote control. The LG Signature OLED TV R model, which measures 65 inches and features a 4K [...]
SEOUL, Jan. 8 (Korea Bizwire) — Hyundai Motor Co. has outlined its future mobility strategies at the annual Consumer Electronics Show (CES) in Las Vegas, the company said Tuesday. At the world’s biggest technology show that will be open to the public from Jan. 8-11 (U.S. time), Hyundai Motor came up with three key words [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — Samsung Electronics Co. said Monday it plans to roll out its first fifth-generation (5G) Galaxy smartphone in the United States within the first half of the year. The global tech giant unveiled the ambitious plan during a press conference on its future vision and key business projects for [...]
SEOUL, Jan. 4 (Korea Bizwire) — Samsung Electronics Co.’s new assembly line at Suwon, Gyeonggi Province for 5G network communication devices began operation on Thursday, making it the second of its kind following the first assembly line built in Bac Ninh Province, Vietnam. The new assembly line was relocated from Gumi, North Gyeongsang Province to [...]
SEOUL, Dec. 20 (Korea Bizwire) — Hyundai Motor Group has decided to reform its regular executive promotion practices by increasing the number of new executives compared to typical years. By promoting new executives, the decision was made to expand the change in leadership and to foster next generation leadership candidates. Along with personnel management based [...]
SEOUL, Dec. 18 (Korea Bizwire) — The construction of Hyundai Motor Group’s new Global Business Center (GBC) is expected to be fast-tracked after the government indicated it would accelerate deliberations related to the project in its economic policy direction for next year. The government said deliberations on Hyundai Motor’s GBC project, which will be built [...]