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
Samsung Electronics saw its share of the global foundry market increase in the second quarter of this year, while Taiwan's TSMC, the world’s No. 1 foundry company, suffered a setback.TrendForce released second-quarter market share rankings of the top 10 global foundry giants on Sept. 27. TSMC re
Korea's semiconductor industry still has a long way to go as its share of the global fabless market is a mere 1 percent, an industry expert pointed out in a recent seminar held at the National Assembly.“The size of the global semiconductor market stood at US$556 billion in 2021, with system semi
The author is an analyst of NH Investment & Securities. He can be reached at jack.baek@nhqv.com. -- Ed. Earnings at Kooksoondang have continued to improve thanks to price hikes for Makgeolli and Baekseju products. Once the government’s deregulation measures (regarding inclusion of Makgeolli as a tra
Spectrum Pharmaceuticals, a U.S. biopharmaceutical company that has licensed poziotinib from Korea's Hanmi Pharmaceutical, announced on Sept. 22 that the U.S. Food and Drug Administration’s (“FDA”) Oncologic Drugs Advisory Committee (“ODAC”) met to review poziotinib for the treatment of patients
The authors are analysts of Shinhan Investment Corp. They can be reached at shawn1225@shinhan.com and jhwon@shinhan.com, respectively. – Ed. Celltrion unlikely to be hit by follow-up measures of the executive orderUS President Joe Biden on Sept. 12 signed an executive order for the launch of a natio
At HUAWEI CONNECT 2022 on Sept. 21, Kim Jin, vice president of Huawei Optical Business Product Line, delivered a keynote speech entitled "F5G Evolution, Reshaping Industry Productivity" in which he laid out his vision that F5G will primarily evolve across three new industry scenarios, and released t
Market research company IC Insights predicted that the global image sensor market will suffer negative growth this year.The image sensor market has enjoyed double-digit growth for years as its use in smartphones and automobiles has increased. But it is expected to record a negative growth rate for t
At the Industry Conference & Exhibition (IC&E) 2022 hosted by the Next Generation Mobile Networks (NGMN) Alliance, Wen Tong, Huawei Fellow and CTO of Huawei Wireless, delivered a keynote speech titled "Bridging 5G to 6G." In his speech, Tong explained the driving forces and plans that can help 5G ev
SK Group will invest 67 trillion won in non-capital regions over the next five years, the group announced on Sept. 14.SK Group announced its investment and R&D plans to enhance the domestic infrastructure and technological competitiveness of the so-called BBC industries -- batteries, biotech and chi
Hanmi Pharmaceutical has obtained U.S. approval for its neutropenia treatment Rolontis, opening a new chapter in its R&D history. It is the first drug that Hanmi has succeeded in commercializing in the global market.Spectrum Pharmaceuticals, a U.S. partner to which Hanmi Pharmaceutical licensed out
Chong Kun Dang announced on Sept. 13 that it shared the results of the Phase 1 clinical trial on CKD-702, a new anticancer dual antibody biotech drug, at the European Society for Medical Oncology (ESMO) annual conference held in Paris, France from Sept. 9 to 13.Since May 2020, Chong Kun Dang has bee
U.S. President Joe Biden signed an executive order on Sept. 12 to launch the National Biotechnology and Biomanufacturing Initiative, which is for boosting production in the U.S. pharmaceutical and biotech sectors. The idea is to build new supply chains and create decent jobs in the sectors to rely l
Korea’s defense exports are expected to reach an all-time high in 2022, with the export figure already topping US$10 billion, much more than the previous record of US$7 billion set in 2021.Exports to Poland drove the steep growth. The Polish government signed arms purchase contracts with Korean defe
Daewoong Pharmaceutical announced on Sept. 6 that it has launched the 4th class of the Daewoong Global Drug Delivery System (DDS) Training Program for talented students from Indonesia. A scholarship awarding ceremony was held at the Daewoong Pharmaceutical R&D Center on Sept. 5 with the attendance o
Perrier-Jouët, Pernod Ricard Korea's champagne brand, announced on Sept. 7 that it has donated 5 million won, which was raised through a consumer engagement event in the Perrier-Jouët pop-up store, to the Biodiversity Foundation.Perrier-Jouët operated the "I am Nature" pop-up store at The Hyunda
Lotte Group has started the construction of Thu Thiem Eco Smart City in Ho Chi Minh City, a project to build a large-scale commercial and residential complex at the Thu Thiem district in the Vietnamese city.A groundbreaking ceremony was held on Sept. 2, Vietnam’s Independence Day, with the attendanc
Korea BeRM Co., a company specializing in postbiotics, has signed a strategic cooperation agreement with the official Korean partner of Germany’s leading health food brand, Rabenhorst & Rotbäckchen.Germany’s leading health food brand Rotbäckchen, symbolized by a girl with her blue headscarf and rosy
With connectivity emerging as a hot topic at IFA 2022, the largest consumer electronics show in Germany, LG Electronics announced on Sept. 1 that it will enhance the connectivity of its ThinQ application to provide a differentiated experience that goes beyond Samsung Electronics’ device connection p
Hyundai Engineering & Construction (Hyundai E&C) participates in an eco-friendly smart city development project in Vietnam.The company signed a memorandum of understanding with its Vietnamese partners on Aug. 29 to jointly promote the development of the Ha Nam Eco-Smart Urban Living Tomorrow City, a