Coway Co. will unveil its next lineup of home health appliances for the European market at IFA 2022 in September. The trade show, held in Berlin, is the largest of its kind in Europe for consumer electronics and home appliances. Coway is returning to Berlin for the first time since 2019 as IFA retur
Samsung Electronics has completed the development of a prototype toilet that is safe and designed for household use in collaboration with the Bill & Melinda Gates Foundation.Samsung Advanced Institute of Technology (SAIT), the research and development arm of Samsung Electronics, began to develop the
Korea Ginseng Corp. (KGC). said on Aug. 23 that cumulative sales of Red Ginseng Tablet Everytime, a product of its CheongKwanJang brand, have crossed the milestone of 1 trillion won. While other red ginseng products are suffering a drop in sales, this product is enjoying an increase in sales and exp
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
The global whisky icon Chivas, which belongs to Pernod Ricard Korea, a global wine and spirits company, announced on Aug. 23 a new campaign with the most spotlighted 10 artists in local hip-hop scene to promote growth together under its brand campaign of I RISE WE RISE.The 10 hip-hop artists, regard
Samsung Electronics has issued an official apology for the recent series of glass door breakage of its drum washers and started to provide free door replacement services.“Recently, there have been cases where the door glass of some Samsung Electronics drum washing machine models came off due to poor
The Korea Consumer Agency has sent official letters to Samsung Electronics requesting an explanation of the recent series of accidents involving the company's drum washers.“Every time there is a news report about Samsung Electronics’ washing machine accident, we sent an official letter to the co
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
LG Household and Healthcare (H&H) announced that the company's L. Heritage 1947 Refill Station located in Garosu-gil, Seoul has won the 2022 Red Dot Design Award in the Brands & Communication Design category.The Red Dot Design Award hosted by the Zentrum Nordrhein Westfalen Design Center, German
Pernod Ricard Korea announced on Aug. 16 that Royal Salute, a prestige brand, will launch "Royal Salute 21 Year Old Blended Grain," an exceptionally rare blend of the finest grain whiskies aged for a minimum of 21 years.Created for celebration, originally crafted to mark the coronation of Queen Eliz
Pernod Ricard Korea announces the launch of premium craft bourbon whiskey, ‘Rabbit Hole.’Founder Kaveh Zamanian was brought into the world of bourbon whiskey by his wife, a Kentucky native, and immediately fell in love with bourbon whiskey. He then sacrificed his successful career as a psychologist
In the first half of 2022, Korea's health industry exports such as pharmaceuticals, medical devices, and cosmetics reached an all-time high on a semiannual basis. Export growth was driven by diagnostic reagents and COVID-19 vaccines.The industry's exports totaled US$13.35 billion in the firs
EOFlow Co., a provider of wearable drug delivery solutions, announced on Aug. 12 that its European partner, A. Menarini Diagnostics (‘Menarini’) will officially launch its tubeless, wearable, and disposable insulin pump “EOPatch” in Europe on Sept. 1, 2022.EOPatch is one of the only two fully dispos
The author is an analyst of NH Investment & Securities. He can be reached at jooyh@nhqv.com. -- Ed. Shinsegae logged a 2Q22 earnings surprise. Although we lower our TP to W310,000 to reflect the decline in sector valuations, we find Shinsegae’s share price attractive, considering its earnings and va
Hyosung TNC announced on Aug. 10 that it has succeeded in extracting spandex from corn and commercializing it for the first time in the world. It succeeded in developing bio-spandex Creora Bio-Based with natural raw materials extracted from corn instead of coal, and acquired global eco-friendly cert
Coway Co. announced on Aug. 10 that it posted an operating profit of 176.0 billion won on sales of 978.2 billion won in the second quarter of 2022.The company's operating profit and sales increased 5.7 percent and 8.0 percent, respectively, compared with a year ago. Its net profit amounted to 13
Park Hyatt Busan, the leading five-star hotel located in Haeundae has selected four students to participate in the global tourism field of the Vocational Education Innovation Cluster. This is part of the hotel’s Environment Social Governance (ESG) commitment to cultivate future talent.The Vocational
Korea Ginseng Corp. (KGC) announced on Aug. 9 that it has launched a full-scale marketing campaign to promote Korean red ginseng to the Middle East.The company recently organized the second KGC Conference in the United Arab Emirates (UAE). The event, launched last year, was attended by pharmacists f
Absolut Home, which opened in Seongsu-dong, Seoul, on July 7, has become the talk of the town as a new playground for grown-ups.Absolut Home is a pop-up store created at S Factory in Seongsu-dong from the premium vodka Absolut, one of the flagship brands of Pernod Ricard Korea. As we speak, a total
Photographer Ryu Shin-woo, one of the most renowned photographers in Korea, has won the NYPA Gold medal in the Nature section and the NYPA Silver medal in the Landscape section at New York Photo Fair (NYPF) 2022, an international photographic exhibition recently organized by the New York Photo Assoc