Korea

SK hynix Develops PIM, Next-Generation AI Accelerator

SEOUL, South Korea, Feb. 15, 2022 /PRNewswire/ -- SK hynix (or "the Company", www.skhynix.com ) announced on February 16 that it has developed PIM*, a next-generation memory chip with computing capabilities. *PIM(Processing In Memory): A next-generation technology that pr...

2022-02-16 07:30 2804

Riiid's AIEd research on strengthened accuracy of student assessment and short answer applications accepted by AAAI 2022

SAN RAMON, Calif., Feb. 15, 2022 /PRNewswire/ -- Riiid, a leading AI Education solutions company, announced that its new paper demonstrating a multi-task learning (MTL) framework that combines knowledge tracing (KT) and option tracing (OT) models for more precise student assessment was accepted b...

2022-02-15 22:00 2045

Korean Automation Specialist, KCC Targets Overseas Market to Take the Leap into Global Enterprise

SEOUL, South Korea, Feb. 9, 2022 /PRNewswire/ -- KCC Co., Ltd.  (CEO: Dukgyu Park), a Korean automation specialist, announced the commencement of a full-scale overseas market entry this year. Established in 1992 as a pneumatic and hydraulic cylinder and solenoid valve...

2022-02-10 12:03 1518

SodaCrew: SodaGift Expands Mobile Gifting to North America

PANGYO, South Korea, Feb. 9, 2022 /PRNewswire/ -- When it comes to purchasing a gift card online as a gift, even for the most tech savvies, all the cumbersome steps customers have to complete just to find the receiving end have to go through the same hassle would have shooed them away. But there ...

2022-02-10 01:00 2117

MORAI Raises USD 20 Million Series B Funding Round

* New investment from venture capital firms such as Korea Investment Partners and the state-run Korea Development Bank (KDB) * Funding to be used to hire quality talent and enhance technical expertise for global expansion SEOUL, South Korea, Feb. 8, 2022 /PRNewswire/ -- MORAI, a leading devel...

2022-02-08 22:00 2676

LG Energy Solution Announces Fourth Quarter and FY 2021 Results

* Reports quarterly revenue of KRW 4.44 trillion, 10.2 percent higher than previous quarter; operating profit atKRW 76 billion * Targets revenue goal of KRW19.2 trillion with plans to spend KRW 6.3 trillion in capital expenditures for 2022 SEOUL, South Korea, Feb. 7, 2022 /PRNewswire/ -- LG E...

2022-02-08 09:10 2581

Bridge Biotherapeutics and Scripps Research Launch Research Collaboration to Develop Discovery Platform and Novel Covalent Probes Based on Chemical Biology and Chemoproteomics

* Two-year research collaboration to develop new reactive group chemistries targeting non-cysteine amino acids to expand druggable binding sites and identify novel targets in oncology and immunology * Collaborators at Scripps are pioneers in the field of chemical biology and chemistry SEONGNA...

2022-02-08 06:00 2165

Samsung Biologics receives 2022 CMO Leadership Award in all six categories

INCHEON, South Korea, Feb. 7, 2022 /PRNewswire/ -- Samsung Biologics (KRX: 207940.KS), the world's leading contract development and manufacturing organization (CDMO), announced that it has been selected as a winner of the 2022 CMO Leadership Awards presented by Outsourced Pharma and Life Science ...

2022-02-07 20:00 2482

SK networks seeks to promote blockchain business through joint efforts with Hashed

SEOUL, South Korea, Feb. 4, 2022 /PRNewswire/ -- SK networks has chosen blockchain business reinforcement as a key strategy to ensure future growth, and it is now seeking cooperation with Hashed, a specialized blockchain investment company.

2022-02-04 16:51 4255

USANA's Malaysia and Korea markets start 2022 with major honors

SALT LAKE CITY, Feb. 4, 2022 /PRNewswire/ -- USANA's international markets have started off the new year with two major awards. USANA Korea was presented the 'family-friendly company' certification selected by the Ministry of Gender Equality and Family, whileCitta Bella Magazine awarded USANA Mal...

2022-02-04 03:00 3082

LISCure Biosciences Announces Research Collaboration with The Scripps Research Institute for Immuno-Oncology

SEOUL, South Korea, Feb. 3, 2022 /PRNewswire/ -- LISCure Biosciences ("LISCure") announced that it had reached an agreement with TheScripps Research Institute ("Scripps Research") to collaboratively research on bacteria-mediated immuno-oncology candidates against multiple cancer types. Scripps...

2022-02-03 22:00 2155

Samsung Biologics reaches agreement with Biogen to acquire full ownership of Samsung Bioepis

* Agreement with Biogen to buyout Biogen's (50% -1 share) stake in Samsung Bioepis Joint Venture for up to USD$2.3 billion * Transaction projected to be accretive to earnings in 2022 and thereafter, fully capitalizing on the high growth potential of Samsung Bioepis * Expected to accelerate g...

2022-01-28 08:10 2328

SK hynix Inc. Reports Fiscal Year 2021 and Fourth Quarter Results

SEOUL, South Korea, Jan. 27, 2022 /PRNewswire/ -- SK hynix Inc. (or 'the Company',www.skhynix.com ) today announced financial results for its fiscal year 2021 ended onDecember 31, 2021. The consolidated revenue of fiscal year 2021was 42.998 trillion won, whi...

2022-01-28 07:56 2300

Hyundai Mobis invests in high-resolution radar startup to accelerate Level 4 or higher autonomous driving

* Investing significant amount in Zendar to develop high-resolution 'imaging radar.' * Achieving high performance radar comparable to Lidar, which can fulfill level 4 or higher-level driving automation. * Enhancing future competitiveness by securing sensor technologies for cameras, radars a...

2022-01-28 01:00 2566

Hyundai Transys to Premier Sustainably Innovative Future Mobility Design at Lineapelle 2022

* Hyundai Transys to unveil a future mobility seat concept with sustainable leather and innovative materials at Lineapelle 2022 * The seat concept bolsters the company's design and development capabilities and commitment to minimizing waste and upcycling * Italian ambassador to Korea joined ...

2022-01-27 14:00 2886

Asia facing 'triple policy challenge' to long-term growth, new Asia House report finds

LONDON, Jan. 26, 2022 /PRNewswire/ -- Asia is facing a triple policy challenge that could see even the region's fastest-growing economies fall into the 'middle-income trap', according to new research byAsia House. The report highlights Asia's position at a crossroads, with countries' trajectorie...

2022-01-27 07:53 1996

iMediSync Successfully Launches the Future of Tele-Medicare at CES 2022

SEOUL, South Korea, Jan. 26, 2022 /PRNewswire/ -- iMediSync, A biotech startup company fromSeoul, South Korea, successfully debuted at CES 2022 to introduce the new trend of digital healthcare under their motto – Overcome Mental Pandemic in just 10 Min.

2022-01-26 22:00 3942

Daewoong Pharmaceutical Released Positive Phase 3 Topline Results for New Antidiabetic Drug

SEOUL, South Korea, Jan. 25, 2022 /PRNewswire/ -- Daewoong Pharmaceutical (Daewoong) has confirmed promising phase 3 topline results that focuses on the therapeutic effects as an Enavogliflozin monotherapy and a combination therapy with Metformin.Daewoong's Enavogliflozin is an SGLT-2 inhibitor i...

2022-01-25 22:00 1875

AgriTech Startup Greenlabs Bags $140M Series C to Accelerate Global Expansion

SEOUL, South Korea, Jan. 25, 2022 /PRNewswire/ -- Greenlabs, a startup member of Born2Global Centre, has announced that it has raised $140M in a Series C funding round to accelerate its global expansion. Three institutional investors participated in the latest round:BRV Capital Management; Skylake...

2022-01-25 21:30 2742

Samsung Biologics Reports Fourth Quarter & Fiscal Year 2021 Financial Results

* Q4'21 revenue of KRW 444.3 billion increased 18% compared to Q4'20. * Q4'21 operating profit of KRW 128.8 billion increased 39% compared to Q4'20. * FY'21 revenue of KRW 1,568.0 billion, an increase of 35% compared to FY'20. * FY'21 operating profit of KRW 537.3 billion, an increase of 84% ...

2022-01-24 16:25 2569
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