Korea

Hyundai Transys' Future Mobility Seat Concept Reflects New Sustainable Design Direction

* Hyundai Transys premiers a future mobility seat concept with sustainable leather and innovative materials under the theme 'Shift to Regenerative Mobility' at Lineapelle 2022 * 'Seoul to Milan' color concept represents the collaboration between Korea andItaly to achieve the mutual goal of fo...

2022-02-23 08:00 3038

Hankyung.com's introduces: Adding 'Hi Seoul' increased exports by 60%, establishing a bridgehead for overseas expansion of excellent SMEs

SEOUL, South Korea, Feb. 22, 2022 /PRNewswire/ -- Hi Seoul has nearly 1,000 companies, and sales increased by 18% by employing 50,000 people last year. Four companies of Hi Seoul have attracted more than 30 billion won in investment, doubling it within a year. When "industrial clusters" virtuall...

2022-02-22 21:00 1640

HanAll Biopharma Appoints Almira Chabi as Chief Medical Officer and Chief Development Officer

SEOUL, South Korea, Feb. 21, 2022 /PRNewswire/ -- HanAll Biopharma (KRX: 009420.KS) announced today the appointment ofAlmira Chabi, M.D. as Chief Medical Officer and Chief Development Officer at HanAll Pharmaceutical International (HPI), a U.S. entity wholly owned by HanAll Biopharma, to strengt...

2022-02-21 22:00 2439

Daewoong Pharmaceutical Posts Record Annual Revenue in 2021, with Export Growth of Nabota and New Drug Development

* Recorded operating profit KRW 88.9 billion and net profit KRW 31.6 billion in 2021 with the outcome of its relentless focus on R&D * Attributed to export upswing of Nabota, KRW 1.1 trillion overseas technology transfer of Fexuclue tablets, and growth of highly profitable ETC drugs SEOUL, So...

2022-02-21 22:00 2581

LG Energy Solution's New Chief Digital Officer to Lead Digital Transformation of Battery Manufacturing Unit

SEOUL, South Korea, Feb. 20, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) today announced it welcomed Dr.Peter Kyungsuk Pyun as the newly created position of Chief Digital Officer, CDO, as the company ramps up efforts to digitally transform its entire global facilities into data-ce...

2022-02-21 08:00 2193

d'Alba Premium vegan cosmetic brand, White truffle first spray serum sold over 10M bottles

SEOUL, South Korea, Feb. 18, 2022 /PRNewswire/ -- The best-seller of the no. 1 k -beauty brand, d'Alba has reached a newrecord. The White Truffle First Spray Serum has sold over 10 million bottles globally.

2022-02-19 00:00 5328

OliPass Announces Commencement of Dosing in Phase 2a Trial for Pain Killer OLP-1002

SEOUL, South Korea, Feb. 18, 2022 /PRNewswire/ -- OliPass Corporation, a South Korea based biotech specialized in the development of RNA therapeutics, announced that the dosing of pain killer OLP-1002 commenced for a Phase 2a trial in osteoarthritis patients with pain. The Phase 2a study was appr...

2022-02-18 23:00 3427

LGES completes acquisition of NEC Energy Solutions to expand capabilities in ESS value chain

* LG Energy Solution acquires 100% share of NEC Energy Solutions, a non-automotive lithium-ion battery and system integration business * Purchase strengthens LGES's ability to deliver fully integrated energy storage systems including installation, maintenance and operations support to enhance...

2022-02-17 08:00 1964

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 2880

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 2092

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 1571

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 2165

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 2723

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 2628

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 2211

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 2540

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 4293

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 3115

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 2198

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 2387
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