Hyundai Mobis (KRX 012330) announced on 5th that Hyundai Mobis has established the 'Electrification Research Center' within the Hyundai Motor Group's Uiwang R&D Center in Uiwang, Gyeonggi Province and held an inauguration ceremony. At the ceremony, the newly appointed President of Hyundai Mobis, Lee
Hanwha Systems has successfully launched South Korea’s first domestically designed and manufactured small Synthetic Aperture Radar (SAR) satellite, a low-orbit Earth observation satellite. This marks the first time a South Korean private company has independently developed, launched, and operated an
This year has seen a significant improvement in the profits of insurance companies, largely attributed to the substantial increase in insurance gains following the introduction of the new IFRS17 international accounting standard. As banks, which have made large-scale interest income this year, are p
Hanwha Systems has announced the successful launch of its self-developed “Small SAR Satellite” from the seas south of Jeju Island at exactly 2:00 p.m. on Dec. 4. This launch marks a significant milestone as it represents the first domestic development of such a satellite in South Korea. The launch v
Celltrion announced on Nov. 30 (local time) that it has completed the application for product licensing with the U.S. Food and Drug Administration (FDA) for its biosimilar CT-P41 of the osteoporosis medication Prolia-Xgeva (active ingredient: denosumab).Based on the results of global Phase 3 clinica
The author is an analyst for NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com -- Ed.Furonteer supplies key assembly and inspection equipment for autonomous driving sensing cameras. Backed by the increasing deployment of high-quality sensing cameras by a major end-user (an EV
The government is driving the development of next-generation batteries with significantly improved energy density and safety.On Nov. 29, the Ministry of Trade, Industry, and Energy (MOTIE) announced that the “High-performance Next-Generation Secondary Battery Technology Development Project for Eco-f
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
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
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. 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
After 50 years of growth, POSCO is preparing for the next 50 years with its hydrogen reduction steel technology. The Korean steelmaker plans to finalize the commercialization of its HyREX technology by 2030 and convert its Pohang and Gwangyang steel plants to those based totally on the new steelmaki
Jusung Engineering, a semiconductor, display, and solar equipment company, has carved a mythical path in the barren land of domestic ventures. This year marks its 30th anniversary. Established in 1993, the company has experienced various challenges but has achieved remarkable growth through continuo
SK hynix is getting ready to debut “2.5D Fan-out” packaging as its next-generation memory semiconductor technology. Gaining confidence in the field of next-generation chip technology due to its successful performance in High Bandwidth Memory (HBM) this year, SK hynix seems to be accelerating its eff
South Korea’s small and medium-sized semiconductor material, component, and equipment companies are making a bold move by establishing their production facilities within the semiconductor cluster taking shape in Yongin, Gyeonggi Province. The anticipated tech hub, known as the Yongin Semiconductor C
Mirae Asset Global Investments has appointed Vice Chairmen Choi Chang-hoon and Rhie Chun-yong as CEOs.The company is embarking on a plan to strengthen responsible management and establish a solid foundation for ongoing growth, utilizing a structure that includes four executive representatives, featu
Samsung Electronics recently presented a number of memory strategies to prepare for the “AI Big Bang” era at the Investors Forum 2023 in Hong Kong.The company aims to dominate the automotive memory market by 2025, with plans to roll out AI-related products starting next year. The AI market is expand
The Korea Startup Forum (Chairman Jae-Wook Park, hereinafter referred to as KSF), the organizing organization of the global startup festival COMEUP, announced that COMEUP 2023, which was held at Dongdaemun Design Plaza (DDP) for three days from November 8 to 10, attracted about 66,000 people. It was
“An accelerated reorganization of global supply chains that began after the U.S.-China hegemony war has led to the emergence of alternative countries as alternative production bases that can replace China,” said Lee Sang-won, head of product strategy at Korea Investment Management at an India & Viet