Samsung Display’s foldable panel has passed the U.S. Department of Defense’s durability standard tests, overcoming extreme temperature changes and shocks among other harsh conditions, to obtain the military specification (Mil-Spec) certification. This marks the first time a foldable panel from Samsu
SillaJen announced on Jan. 1 that it has applied to the U.S. Food and Drug Administration (FDA) for approval to amend the Investigational New Drug (IND) application for Phase 1 clinical trials of its BAL0891 cancer drug candidate.BAL0891 is a mitotic checkpoint inhibitor (MCI) class anticancer drug
Hyosung TNS showcased its latest unmanned payment solution, JetCheck, at the NRF 2024 retail trade show held in New York from Jan. 14 to 16.JetCheck is an unmanned checkout counter that provides a seamless payment experience and assists in store operations. This unmanned payment solution includes bo
JW Pharmaceutical announced on Jan. 15 that it has received approval from the Malaysian National Pharmaceutical Regulatory Agency (NPRA) for a phase 3 clinical trial plan, or investigational new drug (IND), of its gout treatment drug Epaminurad (code name URC102).The Phase 3 clinical trial for Epami
Securities firms have been caught engaging in illegal “bond shuffling” practices, transferring bond losses, sometimes amounting to as much as 500 billion won (US$383.44 million), to other clients in an attempt to preserve investment returns for certain institutions and corporations. These activities
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.With MARIPOSA trials displaying a significant improvement in OS, J&J expects the amivantamab+lazertinib combo to become a standard of care. The firm will file for FDA approval in 2023, and strive to
The Financial Supervisory Service (FSS) has forwarded its indictment recommendation to the prosecution, targeting Kakao and Kakao Entertainment Corporation in connection with their alleged involvement in the stock manipulation case of SM Entertainment.Following his summons for questioning, Kim Beom-
Financial authorities, including the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), have uncovered allegations of stock manipulation related to a Chinese company, hereinafter referred to as Company A, which is listed on the KOSDAQ in South Korea. These allegations s
The author is an analyst for NH Investment & Securities. He can be reached at jooyh@nhqv.com -- Ed.Excluding the impact of exchange rates, Orion is continuing to enjoy a top-line growth trend in all four of its major market countries. Alongside manufacturing cost-to-sales ratio improvement, OP expan
The government has officially confirmed the decision to double penalties for stock price manipulation gains as fines starting from January next year. However, it has decided to exclude cases where the prosecution has raised investigation concerns. The Korea Exchange (KRX) has also decided to expand
Financial authorities have declared war on unfair trading forces, including stock manipulation. They will swiftly freeze accounts suspected of unfair trading, apply a zero-tolerance policy, and increase the reward for reporting to 3 billion won (US$2.24 million), up from 2 billion won (US$1.49 milli
SK telecom signed a memorandum of understanding (MOU) with the Seoul Veterinary Medical Association (SVMA) to expand healthcare for pets using artificial intelligence (AI) on Sept. 15.SK telecom and the Seoul Veterinary Medical Association will cooperate to establish an AI-based pet care system by s
On Aug. 22, JW Pharmaceutical announced that it has received approval for the Phase 3 clinical trial plan (IND) of the gout drug “Epanewrad” (code name URC102) from the Taiwan Food and Drug Administration (TFDA).Epanewrad, which JW Pharmaceutical is developing as an oral medication, is a uric acid e
Korea’s coffee imports have shrunken this year, according to the Korea Customs Service. The decline is attributed to a drought that impeded global coffee production.According to the Korea Customs Service’s trade statistics on Jan. 21, the volume of Korea’s coffee imports from January to July this ye
On Aug. 17, GC Cell announced that its U.S. affiliate, Artiva Biotherapeutics, has received approval from the U.S. FDA for the Investigational New Drug application of its AB-101 natural killer (NK) cell therapy for lupus nephritis.Lupus is an autoimmune disease caused by immune system abnormalities
Problems with power loss while driving continue to plague electric vehicles from several major brands. The issues have mostly been detected in their Integrated Power Control Units (ICCU), but other causes have also been identified. Although the history of electric vehicles is still short and require
The investigation into allegations of stock price manipulation during Kakao’s acquisition of shares in SM Entertainment is gaining momentum.Financial Supervisory Service (FSS) Chairman Lee Bok-hyun met with reporters at a Shinhan Card event held at Shinhan Card's headquarters in the Jung distric
“Huawei is willing to share cutting-edge innovations in the form of patents with the world,” said the company’s Chief Legal Officer, Song Liuping, who added, “These will support the common, sustainable development of industries globally.”His remarks were made at Huawei’s annual flagship event on inn
The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.In the wake of the Covid-19 crisis, the profit fundamentals and competitiveness of Korean OEM firms have improved, but it has already been over a year since they were trapped in the global economic
The Federation of Korean Industries (FKI) has announced a reform plan to change its name to the Korean Businesspeople Association (KBA) and to transform itself into a think-tank-type economic organization by absorbing and integrating its research units. The organization appears to be making a concer