Kolmar Korea has discovered the hair loss mitigation effects of Sophora flavescens extract and has presented their findings at an international academic conference, marking the industry’s first such patent application. The discovery and subsequent presentation have garnered global attention.On April
Tension was palpable in front of Samsung Electronics’ DSR Tower in Hwaseong, Gyeonggi Province at noon on April 17. It marked the first collective action in the history of Samsung, initiated by the National Samsung Electronics Union (National Samsung Union), with an event named “Gather 1,000.” The o
Upstage, a pioneering AI company specializing in large language models (LLMs) and Document AI, today announced that it has raised $72 million in a Series B. With this latest investment, Upstage has now raised over $100 million since its founding in October 2020, making it the most-funded South Korea
In the global competitive race for artificial intelligence (AI) technology, South Korea is losing its core competitive edge as top talent is turning away from the country. Foreign companies, with their overwhelming financial power, are successfully attracting these skilled individuals.According to t
Off-road environment recognition technologies for detecting extraneous substances such as dust, mud, snow, or rain during off-road autonomous driving of construction machinery, agricultural machines, and unmanned ground vehicles (UGVs), and removing the sensor signals of these substances on a real-t
The Korea Research Institute of Ships and Ocean Engineering (KRISO) announced on April 16 that it has launched a new research program aimed at developing core technologies for small modular reactor (SMR)-powered ships and floating SMR power generation platforms from this year through 2028.SMRs, a ze
Hybrid cars overtook gasoline cars for the first time in the imported car market in Korea in the first quarter of this year.According to the Korea Automobile Importers & Distributors Association, hybrid vehicles accounted for 47.5 percent (25,908 units) of newly registered imported cars from January
A forecast suggests that the proportion of foreigners in the domestic population will reach 5.7%, based on median estimates, in 20 years. With a rapid decline anticipated in the native population, it is projected that one out of every ten working-age individuals will be a foreigner.On April 11, Stat
The Korea Investment Corporation (KIC) announced that it held the “KIC Mumbai Office Opening Ceremony” at the Jio World Convention Center in the Bandra Kurla Complex (BKC) in Mumbai, India, on April 2.On this day, KIC President Jin Seung-ho stated in his welcoming address, “KIC’s selection of Mumbai
SK C&C announced on April 2 that it has supplied cloud-native technology to CJ Logistics’ new home delivery system dubbed “LoIS Parcel.”LoIS Parcel, which CJ Logistics has been working on for three years since 2021, is a digital delivery system that can handle ultra-high volumes of up to 20 million
On the occasion of its 40th anniversary, Pulmuone has expressed its determination to grow into the global number one “sustainable food company.”On March 28, the company held the “2024 Pulmuone Open Shareholders’ Meeting” at the Science and Technology Convention Center in the Gangnam district of Seou
The rapid increase in direct overseas purchases through Chinese e-commerce companies such as AliExpress, Temu, and Shein has led to discussions about alternative measures to mitigate the side effects. However, it has been confirmed that the proposal to tax small imported goods is closely linked to t
As the United States steps up its checks on China’s semiconductor industry, China has launched a countermeasure. The Financial Times (FT) reported on March 24 (local time) that the Chinese government is advancing its efforts to replace foreign technology with domestic alternatives. According to guid
The performance of SK on’s C has come into the spotlight after a U.S. electric car driver reported that the battery has maintained 97 percent of its original capacity after driving 160,000 kilometers in 21 months.Automotive media outlet CarScoops carried a story based on a recent post on the F-150 L
Align Partners Capital Management has raised the issue of overseas shareholders not being able to properly use a cumulative voting system ahead of JB Financial Group’s general shareholders meeting scheduled for March 28.“We have confirmed a number of cases where overseas shareholders have been unabl
“Predictability is what matters most for global companies,” said James Kim, chairman of the American Chamber of Commerce in South Korea (AMCHAM). “With an exodus out of China becoming a reality, we are receiving an influx of many inquiries from companies looking to move their Asia-Pacific headquarte
Recently, there has been a trend where shareholder demands for increased shareholder returns have slightly subsided as proposals such as the retirement of repurchased stocks or dividend expansions were rejected at shareholder meetings. While companies have temporarily relieved the pressure by proact
Four Seasons Hotel Seoul ushers in a new era of excellence with the appointment of Michael Schmid as General Manager.A pioneering multi-lingual hospitality veteran and strategic visionary, Michael is a felicitous new addition to the dynamic creativity and high-care curation of Four Seasons hospitali
It has been revealed that the hourly wages of domestic helpers in South Korea are more than four times higher than in neighboring countries such as Hong Kong and Taiwan. In an effort to alleviate the burden of caregiving services, which is considered one of the causes of low birth rates, the Bank of
The "0 Bit Watt" solution is equipped with Huawei's native-green technologies that were designed to ensure premium experience and high energy efficiency at the levels from equipment to networks. In zero-load hours, with a switch-off depth level of 99%, the RF equipment consumes less than 10 watts of