The Ministry of Science and ICT announced that it participated in the ministerial session held at the Mobile World Congress (MWC) 2024, the world’s largest mobile exhibition in Barcelona, Spain, on Feb. 27. During the event, it introduced the South Korean government’s policies regarding the safe uti
The Korean beauty care industry is turning its eyes to the Japanese market. It is a strategy to try to rebound by targeting Japan as an alternative market as its performance weakened due to a decline in the market share of Korean cosmetics in China.LG Household and Health Care’s cumulative sales thr
Kia announced on Jan. 11 that it signed a partnership with Uber at CES 2024, the world’s largest electronics and IT trade show currently being held at the Las Vegas Convention Center in the U.S.Through the agreement, both companies will work to identify the optimal vehicle specifications for Uber dr
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that H.E Dr. Jean Kaseya, Director General of Africa CDC visited SK bioscience headquarters on November 3 to discuss collaboration with the Partnerships for African Vaccine
On Sept. 27, Samsung Engineering announced that it has received a notice of award (NoA) for a front end engineering design (FEED) project for a petrochemical plant from Alujain Corporation of Saudi Arabia. The order is worth about US$19.5 million or 26 billion won. The Korean contractor will complet
LG Electronics will release the LG Gram Fold (17X90R), Korea’s first foldable screen laptop.“The LG Gram Fold captures the technology and design innovation of the LG Gram, an ultra-lightweight and premium laptop brand of LG. The LG Gram brand celebrates its 10th anniversary this year,” LG Electronic
On Sept. 20 (local time), the Chong Kun Dang Kochon Foundation announced that it had held the “17th Kochon Prize Ceremony” at the U.N. Headquarters in New York on Sept. 21.This year, the Kochon Prize focused on the theme of “Recognition for medical professionals who do not give up on tuberculosis tr
Samsung SDS revealed on Aug. 4 its plans to enhance its cloud business competitiveness in collaboration with global open-source solution companies Red Hat and IBM.Through this partnership, Samsung SDS will offer Red Hat's OpenShift on its Samsung Cloud Platform (SCP). Additionally, joint sales and e
Hyundai Card released its newly registered credit card users and key metrics on May 4 in honor of the one-month anniversary of the launch of Apple Pay in Korea.About 355,000 new Hyundai credit cards were issued in the month following the launch of Apple Pay, up 156 percent from 138,000 in the same p
In 2022, Hyundai Motor Company subsidiary Motional’s global self-driving competitiveness ranked 5th, up one notch from the previous year. At the top, there was a change in perception, such as the elimination of Argo AI, which went out of business with Nvidia of the United States, and Cruise of Gener
Dubai of the United Arab Emirates (UAE) will promote the operation of air taxis based on urban air mobility (UAM). Joby Aviation in the United States, which is SK Group’s UAM partner, will supply the UAM aircraft. The government of Dubai will install four vertiports for UAM aircraft’s take-off and l
The author is an analyst of KB Securities. He can be reached at seongjin.kang@kbfg.com. -- Ed. Maintain BUY, target price of KRW220,000 From Nov 13 to 18, we participated in HMC’s U.S. marketing tour (Boston, Las Vegas, Los Angeles) to look into the progress of the company’s major businesses in the
The author is an analyst of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com. -- Ed. Through our recent visit to HMC’s US plant, we confirmed both the growth potential of its future-oriented businesses (Boston Dynamics, Motional) and its improved competitiveness in the current U
WeMakePrice and Google Cloud have launched a large-scale project to move all service systems of WeMakePrice from its IDC to a container-based cloud environment.The two companies announced the project at a vision share workshop at WeMakePrice’s headquarters in Gangnam-gu, Seoul on Nov. 11.Under the c
Fake news and information are following one after another regarding President Yoon Suk-yeol’s recent visits to the United Kingdom, the United States and Canada. The spread of such news and information has been led by left-wingers’ terrestrial broadcasting programs.It is MBC that spread the most seri
Pernod Ricard Korea has launched ‘Redbreast,’ an ultra-premium craft whiskey that is made in the unique Irish style of single pot still.Single pot still whiskey is a unique category from Ireland. It is a method in which both malted barley and barley is distilled using a copper single pot still whisk
Bibigo, a global Korean cuisine brand created by Cheiljedang, announced on Aug. 23 that it held various events to promote K-food at KCON 2022 LA, a Korean pop culture festival held in Los Angeles for three days from Aug. 19 to 21.This year, a sample tasting event was held at Bibigo Food Street to pr
Bill & Melinda Gates Foundation co-founder Bill Gates remarked on Aug. 17 that South Korea needs to increase its contribution to global infectious disease response and exercise more leadership in this field.He visited South Korea and made a speech at the National Assembly on Aug. 16. “South Korea is
Orion Holdings announced on July 13 that Shandong Lukang Haoliyou Biotechnology Development, its joint venture in China, has signed a contract with the Chinese city of Jining, Shandong Province, to cooperate in a vaccine development project.This contract is about cooperation in the development of a
The Embassy of the United Arab Emirates (UAE) has set out to actively encourage Korean SMEs, non-profit organizations and high schools to apply for the Zayed Sustainability Prize.The Zayed Sustainability Award, launched in 2008, was inspired by the sustainability and humanitarian legacy of the late