Signiel Seoul, the top-tier brand of Lotte Hotels & Resorts, has been recognized by the Condé Nast Traveler as the first and only South Korean hotel to be named among the 'World's Best Hotels,' it was revealed on the 6th.Condé Nast Traveler's 'Readers' Choice Awards' is a prestigious accolade, often
Last month, five domestic automakers sold 106,386 units in the domestic market, a 6.2% decrease compared to the same period last year. The dip in electric vehicle sales, combined with the lack of new model releases, resulted in decreased sales across Hyundai (excluding Kia), Korea GM, Renault Korea,
Micron, the world’s third-largest DRAM company, will actively target the high-bandwidth memory (HBM) market beginning from 2024. Competition for a bigger market share between Samsung Electronics, SK hynix, and Micron will intensify, market experts forecast.According to industry sources, Micron said
Samsung Electronics is joining hands with Jim Keller, often referred to as the “legend of semiconductor design,” and his company Tenstorrent, to produce advanced AI semiconductors at its Taylor Foundry in the United States. The move signifies Samsung’s accelerated efforts to collaborate with both do
SK biopharm’s U.S. R&D subsidiary, Proteovant Therapeutics, announced on Sept. 27 that it will present its latest research findings in the Targeted Protein Degradation (TPD) field at the “Discovery on Target 2023” held in Boston, Massachusetts, from Sept. 27 to 28, local time.In this presentation, P
The author is an analyst for NH Investment & Securities. He can be reached at seungyeon.han@nhqv.com -- Ed.On Sep 26, the share price of HanAll Biopharma partner Immunovant jumped by over 97% on surprise interim data from the IMVT-1402 phase I trial. Encouraging results were reported in terms of bot
On Sept. 25 (local time), Hana Financial Group announced that it has signed a memorandum of understanding (MOU) with the Saudi Export-Import Bank (Saudi EXIM) in Riyadh for the expansion of cooperative businesses within the Middle East.This marks the first business agreement between the Saudi EXIM B
The legal team at Hanmi Pharmaceuticals, responsible for legal responses and consultations, has been selected among the Top 15 Best In-House Legal Teams in Asia.The global legal media outlet Asian Legal Business (ALB) annually evaluates legal organizations of companies headquartered in the Asia-Paci
Huawei Connect 2023 kicked off in Shanghai today, bringing together business leaders, tech experts, partners, developers, and industry stakeholders from around the world to explore new opportunities for an intelligent future.At the event, Sabrina Meng, Huawei's Deputy Chairwoman, Rotating Chairwoman
The Hyundai Motor Labor Union announced on Sept. 18 that it held a vote for and against this year’s wage and collective bargaining agreement for all 44,643 members. In the vote, 22,703, or 58.81 percent, of the 38,603 voters voted in favor of accepting the agreement.This year’s agreement includes a
Doosan Digital Innovation (DDI) has entered a strategic partnership with Claroty to provide Operational Technology (OT) security solutions to domestic companies. Claroty, an Israeli firm that has received investment from SoftBank, is a global specialist in Extended Internet of Things (XIoT) security
On Sept. 14, SeAH Group announced its participation in H2 MEET 2023, the world’s largest hydrogen industry exhibition, which opened in Goyang, Gyeonggi Province on Sept. 13, showcasing their vision and differentiated technical capabilities in the hydrogen industry.SeAH Group artistically incorporate
The Arion-SMET, a multipurpose unmanned vehicle developed by Hanwha Aerospace, will undergo a performance test at a US Marine Corps training center.Hanwha Aerospace announced on Sept. 4 that it recently signed a contract on the Foreign Comparative Testing (FCT) Program with the U.S. Department of De
SK hynix announced on September 14th that it has co-published a white paper with Intel which reveals that its DDR5 server DRAM applied to Intel’s CPUs demonstrated industry-leading performance levels. This white paper was released simultaneously on the SK hynix and Intel websites.The two companies h
Global leading tire company Hankook Tire is now supplying ‘Hankook RA08’, a radial tire for a light truck, as an Original Equipment Tire (OET) for the world’s best-selling eco-friendly vehicle company, BYD. ‘Hankook RA08’ will be used with BYD’s one-ton electric truck, the T4K.The T4K is distinguish
LG Electronics swept the top spots in the major categories of Consumer Reports’ “Washing Machine of the Year” standings.According to industry reports on Sept. 12, LG Electronics products took the top three spots in Consumer Reports’ washer rankings in the three main categories -- drum, high-efficien
'H2 MEET 2023', the world's largest hydrogen industry exhibition, will host its largest-ever event at KINTEX 1 in Goyang, Gyeonggi Province for 3 days from Wednesday, September 13 to Friday, September 15.This exhibition is hosted by the H2 MEET Organizing Committee (Chaired by Nam-hoon Kang, Chairma
Labor unions at large plants in the Gwangju and South Jeolla Province regions represented by Kia Corp. and Kumho Tire declared the end of negotiations and passed a vote for and against going on a strike.According to industry reports on Sept. 11, Kumho Tire’s union held a two-day strike vote for all
Hanwha Aerospace is set to showcase its extensive range of defence technologies at DSEI 2023 to be held from 12nd-15th September at ExCel, London.Hanwha Aerospace will unveil its K9A2 Self-Propelled Howitzer (SPH) platform fitted with the Composite Rubber Track (CRT) developed by Soucy Defense, a ke
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that Ana Brnabić, Prime Minister of the Republic of Serbia (Serbia) has visited the SK bioscience headquarters and signed a memorandum of understanding (MOU) with the compa