On the 11th, the global AI data platform AIMMO, led by CEO Oh Seung-taek, hosted a solo conference, the 'AIMMO AI Tech Summit,' at CES 2024 in Las Vegas. The event received positive reviews for the launch of its new data cycle process, '4Core.'AIMMO's innovative product, '4Core,' epitomizes the indu
Korea Water Resources Corporation (K-water) participated in CES 2024 held in Las Vegas, Nevada, the U.S., from Jan. 9 to 12. It was joined by 19 partner companies, collectively providing opportunities for global market expansion.K-water’s booth attracted numerous global buyers, investors, accelerato
During a press conference at the JP Morgan Healthcare Conference (JPMHC), the world’s largest pharmaceutical and biotech investment event, on Jan. 10 (local time), Celltrion Group Chairman Seo Jung-jin announced that the company plans to establish a healthcare investment fund worth 100 trillion won.
According to foreign media on Jan. 10, American investment bank Jefferies reported that Apple’s sales in China are increasingly suffering due to intense competition from local Chinese smartphone manufacturers, including Huawei.Chinese smartphone makers continue to aggressively challenge the market w
According to the BioEconomy Research Center of the Korea Biotechnology Industry Organization on Jan. 10, WuXi Biologics, a leading Chinese biopharmaceutical Contract Development and Manufacturing Organization (CDMO), is confirmed to be constructing a commercial biopharmaceutical raw material product
Chong Kun Dang Pharmaceutical, a leading biotechnological and pharmaceutical company in South Korea, is poised to achieve a nearly sevenfold increase in operating profit in the fourth quarter of last year compared to the same period the previous year. This remarkable growth is attributed to the tech
CES2024, the world's largest IT show, has begun in Las Vegas, U.S. The Las Vegas Convention Center (LVCC), the main venue for CES2024, and the entire city where the show floor is located are bustling with exhibitors and visitors from around the world.Compared to CES2023, which resumed last year afte
HL Group, a leading electric vehicle and autonomous driving solutions company, announced a mobility software agreement with Amazon Web Services (AWS) at CES 2024 in Las Vegas in the U.S.The agreement ceremony, held on Jan. 9 at the CES 2024 HL Mando booth, was attended by HL Mando’s Vice Chairman Ch
The Incheon Free Economic Zone Authority announced that Yoo Jeong-bok, mayor of Incheon Metropolitan City, participated in the Consumer Electronics Show 2024 being held from Jan. 9 to 12.At this year’s CES 2024, Incheon is operating a 132.23 square meter pavilion in the North Hall of the Las Vegas C
Samsung C&T Corporation, along with its subsidiaries Samsung Biologics and Samsung Bioepis, announced on Jan. 9 the signing of a memorandum of understanding (MOU) for strategic cooperation with the U.S.-based Flagship Pioneering through their jointly established Life Science Fund No. 2 (SVIC 64th Ne
In 2023, foreign direct investment (FDI) in Korea exceeded US$32.7 billion, a record high. High-tech materials, parts, and equipment such as semiconductors, secondary batteries, and biotech items led the increase in FDI in Korea.According to the Ministry of Trade, Industry and Energy on Jan. 4, FDI
The 42nd JP Morgan Healthcare Conference is set to take place from Jan. 8 to 11 in San Francisco, California, in the U.S. This annual event, held every January, is renowned as the world’s largest healthcare investment venue where major global pharmaceutical companies, emerging biotech firms, and pro
Samsung Electronics’ Internet of Things (IoT) platform SmartThings, previously implemented in its home appliances, is set to expand into Hyundai Motor Group’s connected car services, creating a seamless connection between vehicles and homes.Samsung Electronics and Hyundai Motor Group announced on Ja
Goldman Sachs Asset Management today announced the final close of West Street Life Sciences I, representing the first fund in the firm’s Life Sciences Investing strategy. Life Sciences I closed above its fundraising target, with $650 million in equity commitments from a global, diverse group of inst
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- ed.Samsung Biologics should post healthy 4Q23 earnings. We attribute the firm’s recent share price rise to an easing of valuation burden (based on 2025F EV/EBITDA) and the potential for antibody market
LG Electronics is set to unveil its brighter and clearer 2024 LG OLED evo TV, powered by a dedicated artificial intelligence (AI) processor, at CES 2024.At the world’s largest consumer electronics and information technology (IT) exhibition, CES 2024, to be held in Las Vegas, Nevada from Jan. 9 to 12
LG Electronics has announced plans to showcase the future of smart homes powered by artificial intelligence (AI) at the world’s largest consumer electronics and IT exhibition, CES 2024, scheduled for January 9.The LG Smart Home utilizes AI to comprehensively understand and care for the customer’s li
Samsung Electronics and SK hynix are making strides in commercializing “On-sensor AI” technology for image sensors, aiming to elevate their image sensor technologies centered around AI and challenge the market leader, Japan’s Sony, in dominating the next-generation market.At the “SK Tech Summit 2023
Recent data indicates that the number of mid-sized companies playing a crucial role as the “backbone” of the domestic economy increased by nearly 100 last year. Both the total revenue and operating profit of mid-sized companies saw an increase of around 10% compared to the previous year, and investm
On Dec. 28, the integrated company Celltrion will be officially launched. Celltrion is taking steps to leap into a global big pharmaceutical firm by merging with Celltrion Healthcare, which is responsible for global distribution.Celltrion and Celltrion Healthcare announced on Dec. 27 that they are i