SEOUL, July 18 (Korea Bizwire) — SK Biopharmaceuticals Co., a pharmaceutical affiliate of South Korea’s SK Group, said Tuesday that its signature anti-epilepsy treatment, Xcopri, could generate US$1 billion in sales in the United States in 2029. Xcopri, or cenobamate, is a medication for partial-onset seizures in adults discovered by SK Biopharmaceuticals and its U.S. [...]
SEOUL, March 14 (Korea Bizwire) — Eastar Jet Co., a South Korean low-cost carrier (LLC), said Tuesday it will resume flights later this month after a three-year hiatus due to the COVID-19 pandemic, with a focus on putting its business back on track. Eastar Jet, a China-focused carrier, received an air operator certificate (AOC) from [...]
SEOUL, March 17 (Korea Bizwire) — T’way Air, a South Korean low-cost carrier, said Thursday it targets to achieve 3 trillion won (US$2.5 billion) in sales by 2027, as it aims to expand its fleet and serve long-haul routes. T’way Air added an A330-300 chartered plane last month for operations on the Gimpo-Jeju route from [...]
SEOUL, Jan. 13 (Korea Bizwire) — Genesis, the luxury brand of Hyundai Motor Co., said Thursday it is targeting a 10 percent on-year increase in sales this year spurred by new models. Genesis aims to sell 220,000 units globally in 2022, up from 200,000 sold last year, Hyundai Motor President and CEO Chang Jae-hoon told [...]
SEOUL, Dec. 21 (Korea Bizwire) — Hyundai Motor Group raised its global electric vehicle (EV) sales target for 2026 to 1.7 million units from 1 million units, its chief executive has said, underscoring the automaker’s push to meet the growing EV demand. Hyundai Motor CEO Chang Jae-hoon made the remark in an interview with the [...]
SEOUL, Jan. 7 (Korea Bizwire) — Volvo Cars Korea said Tuesday it aims to sell 12,000 vehicles this year on higher demand for its SUVs. The 2020 sales target is 14 percent higher than the carmaker’s sales of 10,570 vehicles last year, according to data from the Korea Automobile Importers and Distributors Association (KAIDA). Volvo’s [...]