U.S. pharmaceutical ingredient manufacturer AMPAC Fine Chemicals is planning to expand its facilities in the United States by investing up to US$25 million. The idea is to enhance its competitiveness in the field of contract development and manufacturing by strengthening its R&D functions and increa
Concerns are mounting over technology leaks from Korea's key industries including semiconductor and secondary battery manufacturing. This is because China is increasingly targeting South Korea while the United States and other countries are increasing their degrees of industrial protection.Accor
The Korea Pharmaceutical and Bio-Pharma Manufacturers Association announced on May 3 that South Korean pharmaceutical and biotech companies’ technology exports added up to 4,336.6 billion won in the first quarter of this year, when a total of six companies in the industry concluded such contracts.Th
J.P. Morgan recently mentioned the possibility of Samsung Electronics’ another M&A deal. According to it, the candidates include NXP, Texas Instruments and Microchip Technology, which are running manufacturing facilities in the United States.NXP has been mentioned for years as an M&A target of Samsu
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. Boasting outstanding technological prowess in the wireless charging market, Amosense stands to benefit from an expanded scope of application for wireless charging. The company has secured ne
Korea BeRM Co., a company specializing in postbiotics, has been selected as a “Global IP Star Company” by Gangwon Province, the Korean Intellectual Property Office (KIPO) and the Korea Invention Promotion Association.The Global IP (Intellectual Property) Star Enterprise Promotion Project is a joint
Hyundai Motor Group chairman Chung Eui-sun has begun a full-fledged restructuring of the group’s governance structure. It is pushing for the listing of Hyundai Engineering, the group's unlisted construction arm, as the first step towards reshaping its cross shareholding structure.The governance
The Hyundai Research Institute estimated South Korea’s 2021 annual exports at US$605.3 billion, up 18.1 percent from a year ago. The institute’s previous estimate released in October last year was US$564.3 billion.“The figure is likely to hit an all-time high this year, beyond US$604.9 billion recor
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. H.PIO boasts its own premium health functional food brand (Denps; based in Northern Europe). Having secured a solid market position backed by its top-tier product lines (probiotics/vitamins)
Hyundai Motor Co. has joined hands with Singapore's top telecommunication company Singtel to promote the future mobility business based on next-generation telecommunication technology.Hyundai Motor signed a memorandum of understanding (MOU) with Singtel in Singapore to cooperate in smart manufac
Arguments over annual salaries and bonuses are following one after another in anonymous communities and corporate bulletin boards. Employers are perplexed at the unprecedented way of complaining.The trend started at SK hynix. In January this year, some employees complained about their bonuses smalle
Dongkook Pharmaceutical announced on March 18 that it has confirmed that Teicoplanin, an antibiotic for pneumonia, has efficacy in suppressing the spread of the COVID-19 virus.Dongkook Pharmaceutical signed a contract with Korea University's Sejong Industrial-Academic Cooperation Group and Colle
South Korean individual investors in the Chinese stock market are in a dilemma with relevant indices falling due to the sign of a liquidity cut and rising U.S. Treasury rates. Besides, the Chinese government came up with regulations on Internet companies to add to the dilemma.The SZSE Component Inde
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. Covid-19 inoculation underwayContracts are being signed for coronavirus vaccines (centering on DMs), and the pace of actual vaccination is slowly picking up. We attribute delays in global vaccine sup
Dong-A ST announced on March 12 that it has signed a contract with E& Investment, a Korean venture capital which owns a 33 percent stake in U.S. pharmaceutical company NeuroBo Pharmaceuticals, to be delegated its voting right to the U.S. company.Under the deal, Dong-A ST will secure managerial contr
William C. Hannas and James Mulvenon wrote in their book titled “Chinese Industrial Espionage: Technology Acquisition and Military Modernization” that the Chinese government was engaged in technological espionage for decades while supporting technology theft in the cyberspace.On March 3, Reuters rep
Samsung Electronics will supply its new image sensor “ISOCELL GN2,” which was released on Feb. 23, for Xiaomi's latest smartphone Mi 11 Ultra.Samsung Electronics has been strengthening cooperation with Xiaomi in the image sensor field. For instance, it supplied "ISOCELL HMX," the industry’s firs
GC Cell, a company specializing in cell therapy, announced on March 2 that it has obtained a license to manage human cells for the first time among high-tech biopharmaceutical manufacturers in Korea.The license on human cell management was newly introduced by the Act on the Safety of and Support for
The Ministry of Trade, Industry and Energy announced on March 1 that South Korea’s exports increased 9.5 percent year on year to US$44.81 billion last month. The monthly exports increased for the fourth consecutive month. Last month, South Korea’s average daily exports increased 26.4 percent to US$2
The Korea Chamber of Commerce and Industry and the Ministry of Trade, Industry and Energy held their second economic and trade forum with Visegrád Four (Czechia, Hungary, Poland and Slovakia) on Feb. 25 to discuss mutual cooperation in the fields including renewable energy and carbon neutrality. The