Attacks on Samsung Electronics by patent trolls are becoming increasingly cunning. These entities are focusing on purchasing patents with broad scopes that can be applied to various products and then targeting companies that release related products. Among global information technology (IT) companie
The combined operating profit of the top 10 companies by market capitalization in the South Korean stock market falls short of those of leading Japanese company Toyota and top Taiwanese company TSMC.To address the “Korea discount,” which refers to the undervaluation of South Korean stocks, it is poi
Samsung Biologics held its 13th regular general shareholders’ meeting at the Songdo Convensia in Incheon on March 15. The shareholders’ meeting, attended by approximately 1,500 shareholders both on-site and online, lasted for about 30 minutes starting at 9 a.m.During the meeting, a total of four age
In January, Korean display companies received a shocking report card. According to market research firm DSCC, Samsung Display, which held 36% of the market share in the foldable market and was considered the future of the industry, lost its first-place position to China’s BOE, which captured 42% in
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced today Prof. Jan Holmgren of Sweden, and Profs. Barney Graham and Jason McLellan of the United States as the winners of the 2024 International Vaccine Institute-SK Bio
The Ministry of Health and Welfare announced on March 11 that it has selected the JLABS Korea model proposed by Johnson & Johnson as the managing entity for its global accelerator platform project.The project aims to provide full-cycle consulting to support the international expansion of domestic bi
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced today that the company broke ground on a major expansion of its vaccine manufacturing plant, L HOUSE, located in Andong, Gyeongsangbuk-do, South. The groundbreaking c
Samsung Biologics announced on March 6 that it has entered into a contract manufacturing organization (CMO) production agreement valued at 381.9 billion won (US$287.0 million) with UCB, which is headquartered in Belgium. This agreement is an increase to the contract signed in 2017 with the company,
The author is an analyst for NH Investment & Securities. He can be reached at bk@nhqv.com -- Ed.Global stock markets have rallied of late, with the S&P500 surging for four months in a row. In February, the Kospi has outperformed other major markets. But, the fast market growth is likely to bolster p
The government has come up with a detailed blueprint at the inter-ministerial level, encompassing export targets for key items such as semiconductors, automobiles, and plants, to achieve this year’s export goal of US$700 billion. It includes the largest-ever support measures to accelerate progress,
By the end of 2023, more than 300 5G commercial networks had been launched worldwide, serving more than 1.6 billion users. 5G development is now well underway, with the growth rate of global 5G users reaching seven times higher than that of 4G users in the same period. Operators using Huawei solutio
JW Pharmaceutical announced on Feb. 26 that it has signed a joint research agreement with its subsidiary, C&C Pharmaceuticals Research Institute, for the development of innovative anti-cancer cell therapies.According to the agreement, JW Pharmaceutical will develop a new CAR-NK cell therapy targetin
Huawei hosted the 5G Beyond Growth Summit at MWC Barcelona 2024 today. At the summit, Li Peng, Huawei's Corporate Senior Vice President and President of ICT Sales & Service discussed how carriers can achieve business success in 5G and how 5.5G will further unlock the potential of networks and create
On Feb. 20, the Incheon Free Economic Zone (IFEZ) announced the inauguration of Yoon Won-seok, the former executive vice president of the Economic and Trade Cooperation at the Korea Trade-Investment Promotion Agency (KOTRA), as its 8th Commissioner. The position of Commissioner of the Incheon Free E
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced today that the company has obtained prequalification (PQ) certification from the World Health Organization (WHO) for its typhoid conjugate vaccine (TCV), ‘SKYTyphoid®
Cell Biotech announced on Feb. 22 that it has obtained the highest level of safety recognition from the U.S. Food and Drug Administration (FDA), the Generally Recognized As Safe (GRAS) certification, for 11 Korean probiotic strains. Through this validation, Cell Biotech has added certification for 1
The Namdong district of Incheon Metropolitan City houses the Namdong National Industrial Complex, playing a pivotal role in driving the Korean economy. The industrial complex, established in December 1989, is a key metropolitan industrial area with an annual production value of approximately 30 tril
The Fair Trade Commission (FTC) is targeting franchise businesses owned by private equity funds. In particular, tensions within the industry have escalated recently after Mom’s Touch was fined 300 million won (US$225,989) for unfair practices towards its franchisees.Yook Sung-kwon, the Secretary Gen
Carrot General Insurance announced on Feb. 19 that it has secured a contract for the implementation of Behavior Based Insurance (BBI) solutions with Indonesia’s Lippo General Insurance.This contract acquisition marks the first instance where Carrot’s inherent technological expertise and data capabil
SK telecom and KT have announced their plans to showcase advanced technologies based on artificial intelligence (AI) at the Mobile World Congress (MWC) 2024, which opens on Feb. 26 in Barcelona, Spain. SKT is set to occupy a large exhibition space of 992 square meters in the Fira Gran Via Hall 3, un