Hyundai Elevator announced on Nov. 28 (local time) that it has signed a memorandum of understanding (MOU) for comprehensive cooperation in the Ukraine reconstruction project with ERBUD, the third-largest construction company in Poland, in Warsaw.The signing ceremony was attended by Cho Cheol-ho, in
The Ministry of Food and Drug Safety announced on Nov. 29 that it will proceed with the revocation of the Good Manufacturing Practice (GMP) certification for large-scale dosage forms of solid oral preparations (tablets and capsules) of HUTECS Korea Pharmaceutical.During an on-site inspection by the
SK Life Science, Inc., a subsidiary of SK Biopharmaceuticals Co., Ltd., an innovative global pharmaceutical company focused on developing treatments for central nervous system (CNS) disorders and oncology, will present data on cenobamate at the American Epilepsy Society (AES) Annual Meeting, to be h
bereum, a company specializing in postbiotics research for over 30 years, led by CEO Han Kwon-il, proudly announced that their meticulously crafted feminine beauty care brand, Young Clair Foam Wash, has secured the 1st place in the Feminine Care category at the 2023 Hwahae Beauty Awards.Young Clair
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that the updated COVID-19 vaccine (NVX-CoV2601) developed by Novavax, a global company advancing protein-based vaccines with its Matrix-M™ adjuvant, has received an emergen
The S-OIL Science Prodigy and Culture Foundation (President Hong Suk-woo) on Nov. 29 held a ceremony for the 13th Dissertation of the Year Awards and the 5th Next-generation Scientist Fellowship Awards at the headquarters of S-OIL in Gongdeok-dong, Mapo-gu, Seoul. At the ceremony co-organized by the
NPCore, an AI-based cybersecurity solution specialist (hereafter referred to as NPCore), with CEO Han Seung Chul, announced today that it has successfully completed raising 8 billion won in investment through a Pre-IPO. Last month, NPCore received a TI-1 grade from NICE evaluation information's inve
LG Display has started to further solidify its global No. 1 position in the automotive display business, which is an order-based business and a future growth driver behind differentiated technologies.LG Display has been ranked No. 1 in the world in terms of shares of the market of premium automotive
Hyundai Motor Company and Kia Corp. have developed the world’s first next-generation drive system that dramatically boosts vehicle design flexibility by placing electric vehicle drive components inside wheels. This new system can realize the utilization of the space between wheels, which was previou
The small and medium-sized enterprise (SME) sector is urging the swift passage of the “Business Succession Support Act” currently under consideration in the National Assembly, advocating for businesses to opt for continuity rather than closure. This comes as numerous companies consider closure inste
Lotte Chemical has pioneered the domestic development of manufacturing technology for separator coating materials to address the instability of lithium metal anodes.Lotte Chemical announced on Nov. 28 that it has completed the development and domestic patent application for manufacturing technology
On Nov. 25 (local time), construction began on Hyundai Motor’s electric vehicle-dedicated factory, “Hyundai Motor Group Metaplant America (HMGMA),” in Ellabell, Georgia, the U.S.Alongside the increase in automobile exports, the export of automotive parts is also on the rise. As the supply of finishe
South Korean shipbuilding companies are actively considering the construction of overseas production bases to address a shortage of manpower. However, some are raising concerns about potential “technology leakage” arising from the construction of overseas shipyards.According to industry sources on N
As High Bandwidth Memory (HBM), essential for powering generative AI, emerges as the main battleground in the next generation of memory semiconductors, fierce competition is brewing between Samsung Electronics and Micron to snatch the Nvidia orders currently monopolized by SK hynix.On Nov. 28, the T
Samsung Electronics’ subsidiary Harman is set to acquire the American company “Roon,” known among music enthusiasts as “the world’s best music streaming platform.” The industry expects significant synergy from the collaboration between Harman, known for its hardware prowess in sound equipment, and R
Legoland Korea Resort announced the unveiling and lighting ceremony of the country’s first giant Christmas tree made of Lego bricks, standing at 9 meters in height, on Nov. 24.Located in the Brick Street Square of Legoland, the Lego Christmas Tree reaches an impressive height of 9 meters and 83 cent
On Nov. 28, Hyosung TNC announced a major overhaul of its textile brands, including the rebranding of its high-performance fiber brand CREORA and its eco-friendly fiber brand regen.This restructuring aims to consolidate its 65 textile brands into two primary categories, CREORA and regen, to enhance
JW Holdings has commenced the full-scale export of “WINUF Central 736-1085 ml,” a three-chamber comprehensive nutritional fluid product, to Asia Pharma LLC in Mongolia, as announced on Nov. 28.JW Holdings, overseeing JW Group’s global operations, had previously secured an exclusive supply contract f
On Nov. 28, the Incheon Port Authority (IPA) announced the new acquisition of car cargo volume from the Japanese global shipping company Mitsui O.S.K. Lines, Ltd. (MOL) at Incheon Inner Harbor.According to the IPA, the MOL car carrier “MV. LAVENDER ACE” departed from Tianjin Port, China, on Nov. 24