MedPacto announced on Jan. 2 that it has received approval from the U.S. Food and Drug Administration (FDA) for an Investigational New Drug (IND) application for the combination therapy of Vactosertib and Pembrolizumab (commercially known as Keytruda).This clinical trial targets patients with previo
Korean construction companies have reportedly decided not to participate in resuming the construction of the world’s tallest building in Jeddah, a resort city near the Red Sea. It has already been seven years since construction was halted due to local conditions in Saudi Arabia. Many experts say tha
SK hynix has embarked on strengthening its research and development (R&D) capabilities to enhance its high-performance NAND competitiveness by successively recruiting NAND flash memory experts from Intel with decades of experience.According to industry sources on Dec. 28, SK hynix America this month
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
LG Household & Health Care is set to introduce its beauty tech device IMPRINTU for the first time in North America. The company has garnered significant interest as it plans to reveal completely unique images created using artificial intelligence (AI) at CES 2024, which will be held for four days st
The public takeover bid for Hankook & Company by MBK Partners, in collaboration with Advisor Cho Hyun-sik of Hankook & Company, has fallen through.On Dec. 26, Ventura, the special purpose company (SPC) of MBK Partners Special Situation Fund (SS) No. 2, announced, “The public takeover of Hankook & Co
Generative artificial intelligence (AI) smartphones are forecasted to lead market trends starting from 2024 with smartphone manufacturers planning to incorporate generative AI functions into their devices. Industry leaders like Samsung Electronics, with its Galaxy AI, are expected to dominate this e
LG Electronics is intensifying its foray into the automotive market by enhancing its capabilities in car security platforms. The company plans to expand its market presence by strengthening global marketing and incorporating security technologies into its infotainment systems and telematics componen
The rivalry in the advanced 2-nanometer (nm) semiconductor process among leading chipmakers from South Korea, Taiwan, and the United States is expected to intensify next year.According to industry reports on Dec. 25, global foundry leaders – Taiwan’s TSMC (first in the industry), South Korea’s Samsu
Dong-A Socio Group’s specialty drug affiliate, Dong-A ST, will enter the ADC market through the acquisition of an antibody-drug conjugate (ADC) linker platform company. ADCs are a treatment that combines an antibody that combines a target antigen with a cytotoxic drug as a linker and is known for it
The author is an analyst for NH Investment & Securities. He can be reached at jack.baek@nhqv.com -- Ed.At HiDeep, pilot sales of touch ICs for mobile devices began in 2Q23, followed by the start of pilot sales for stylus solutions for mobile devices in 3Q23. We expect 1H24 to see the start of touch
The government will build 10,000 “smart plus” buildings specializing in robots, drones, autonomous vehicles and urban air mobility (UAM) by 2035.The Ministry of Land, Infrastructure, and Transport (MOLIT) announced a road map for the promotion of smart plus buildings as an innovation policy in the s
Hyundai Mobis (KRX 012330) will unveil 20 production-ready mobility technologies at CES 2024. These include the ‘Innovative Display’ series, packed with high-value advanced technologies, and the high-power Integrated Charging Control Unit (ICCU), a critical future mobility technology, which are like
Samsung Electronics has introduced two new products in its ISOCELL Vision image sensor lineup on Dec. 19, designed to act as the eyes for advanced content platforms like mobile, robotics, and Extended Reality (XR).The newly unveiled ISOCELL Vision 63D image sensor chip is an indirect Time-of-Flight
Samsung Electronics and Naver have unveiled their jointly developed artificial intelligence (AI) semiconductor, which has been in development over the past year. Known for its power efficiency being approximately eight times greater than chips from competitors like Nvidia, this product is expected t
GC Biopharma Corp’s eight-year endeavor has finally come to fruition as its blood product successfully enters the U.S. market. This achievement marks the first Korean blood product and the seventh new drug to receive approval from the U.S. Food and Drug Administration (FDA).On Dec. 18, GC Biopharma
SK hynix is accelerating the development of a new process, “Hybrid Bonding,” to maintain its global leadership in High Bandwidth Memory (HBM). The industry is closely watching whether SK hynix can continue to lead the specialty memory sector by being the first to apply this dream packaging technolog
Samyang Holdings announced on Dec. 18 that it has acquired a controlling stake in Verdant Specialty Solutions, a global specialty chemical materials company. The acquisition amount is approximately 330 billion won.Headquartered in the state of Texas in the U.S., Verdant focuses on the production of
The smartphone market is witnessing a surge in demand for NAND flash, as manufacturers’ significant production cuts have reduced inventory buildup, and the impending launch of smartphones equipped with “on-device artificial intelligence (AI)” is anticipated. This trend is expected to boost NAND pric
With the imminent release of devices featuring AI services as core functions, closely integrated into our daily lives through smartphones and PCs, the true era of Artificial Intelligence (AI) popularization is unfolding. Devices that can summarize conversations, suggest optimal responses automatical