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Friday, December 15, 2017

Industry

Samsung Biologics has completed the construction of world’s largest biopharmaceuticals manufacturing plant with an annual production capacity of 180,000 liters. (photo courtesy: Samsung Biologics)
Completion of Mechanical Processing
4 December 2017 - 11:15am
Samsung Biologics announced on November 30 that it completed the construction of its third plant in Songdo, Incheon City after two years of construction. The biopharmaceuticals manufacturing plant...
LG Electronics’ Signature OLED TV W model OLED65W7P won the Best TV Overall prize.
Best UHD TV
4 December 2017 - 11:00am
Consumer Reports recently selected five top picks after testing about 250 TVs it directly purchased from retail stores. LG Electronics’ Signature OLED TV W model OLED65W7P won the Best TV Overall...
HMM’s operation reliability rose by six percentage points from the previous month to 82.9% at the end of October. (photo courtesy: HMM)
On-time Performance
4 December 2017 - 10:45am
Hyundai Merchant Marine (HMM) ranked No. 1 in operation reliability which indicates container service quality in October after August. According to the analysis of ship operation reliability released...
Some market experts point out that the South Korean shipbuilding industry needs to change its strategy targeting only the high value added market.
$25 Vs. $65
4 December 2017 - 10:15am
South Korea’s shipbuilding industry has been overtaken by latecomers, including China, in the liquefied natural gas (LNG) carrier, very large crude carrier (VLCC) and offshore plant sectors that the...
Following Dyson and Yamada, Panasonic will make a foray into electric vehicle market.
From Electronic Appliances to Electric Cars
1 December 2017 - 12:45pm
Panasonic will make a foray into electric vehicle market after Dyson, and Yamada. With electronics makers entering the electric car market, industry experts are turning their eyes to Korean...
Mercedes-Benz Korea is collaborating with the Samsung Group in many ways. (photo courtesy: Mercedes-Benz Korea)
AMG Speedway
1 December 2017 - 12:30pm
Mercedes-Benz and the Samsung Group are strengthening their partnership in many ways. Mercedes-Benz Korea announced its strategy for the high-performance car market in the '50th Mercedes-AMG...
The K-beauty is the craze in Japan.
Capturing Japanese Youth
1 December 2017 - 12:15pm
The K-beauty is the craze in Japan, the world’s third largest cosmetics market after the United States and China. According to the data from Cosmetic Importers Association of Japan (CIAJ), the...
The South Korean government will greatly ease regulations on embryonic stem cell research and gene therapy product development.
Easing Regulations on Biotech
1 December 2017 - 12:00pm
The South Korean government will greatly ease regulations on embryonic stem cell research and gene therapy product development that the biotech industry has longed for. At the second meeting to break...
SK Innovation’s EV battery plant in Seosan, South Chungcheong Province, South Korea.
Ready for Competing with Global Players
1 December 2017 - 11:45am
SK Innovation Co. will inject 1 trillion won (US$919.12 million) in expansion of the electric vehicle (EV) battery and lithium-ion battery separator (LiBS) sectors. The company announced that it has...
GM Korea CEO Kaher Kazem held a press conference on November 30 and said that the company is going to prepare a sustainable future by focusing on a turnaround.
Condition for Non-withdrawal
1 December 2017 - 11:45am
GM Korea President and CEO Kaher Kazem held a press conference on November 30 and said that the company is making various efforts to dispel rumors about GM’s withdrawal from the South Korean market...
An increasing number of shipping companies are recently seeking to place orders to construct the liquefied natural gas (LNG) carrier.
Trying to Get Contracts
1 December 2017 - 10:45am
As an increasing number of shipping companies are recently seeking to place orders to construct the liquefied natural gas (LNG) carrier, expectations are growing among South Korea’s three largest...
A trend favoring well-being food in the world has steadily pulled up demand for dried laver with low calories
Capturing Tastes
30 November 2017 - 11:15am
Korean dried laver is capturing the tastes of people around the world. According to the Korea Customs Service on November 29, dried laver exports in the first ten month of this year amounted to US$...

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