The K-Ricebelt initiative, aimed at increasing rice production in Africa by disseminating Korean rice seeds and agricultural technology, has officially begun.The Ministry of Agriculture, Food and Rural Affairs held the K-Ricebelt Ministerial Meeting at the JW Marriott Hotel in the Seocho district of
New investments in venture startups plunged by one third in the first half of the year. The number of startups that received big investments plummeted.According to startup investment information platform TheVC, startups and SMEs received 2.819 trillion won (US$2.160 billion) in investment in the fir
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.Although SK Biopharm’s operating losses likely narrowed q-q in 2Q23, we believe that COGS-to-sales ratio returned to the previous high level, and SG&A expenses likely upped q-q on clinical costs. How
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that the company has signed a Memorandum of Understanding (MOU) with the Government Pharmaceutical Organization (GPO), a state pharmaceutical enterprise in Thailand, to str
Huawei announced they will launch a complete set of commercial 5.5G network equipment in 2024 at the 5G Advanced Forum during MWC Shanghai 2023. Huawei's Director and President of ICT Products & Solutions Yang Chaobin who made the announcement said the company intends for this launch to mark the
Nine merger and acquisition (M&A) deals worth more than US$1 billion were made in the global pharmaceutical and bio industries in the first half of this year.According to the Korea Biotechnology Industry Organization (KBIO) on July 2, the global pharmaceutical and bio industries recorded nine M&A de
On July 1 (local time), the U.S. Humira biosimilar market, worth 24 trillion won a year, opened. In the first week alone, six Korean and foreign companies plan to launch their products.According to sources in the biotech industry on July 2, Samsung Bioepis launched Hadlima, a Humira biosimilar, in t
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, today announced positive results from its Phase II clinical trials in infants of its 21-valent pneumococcal conjugate vaccine candidate, ‘GBP410’ (also known as SP0202), evaluating i
Huawei has shown up in full force for MWC Shanghai 2023, with their activities all falling under their theme of "GUIDE to the Intelligent World". This year, the company's activities include an experiential tour that takes audiences to multiple cities to learn about their technology and business,
At the opening day of MWC Shanghai 2023 today, Sabrina Meng, Huawei's Rotating Chairwoman and CFO, gave a keynote outlining the value that 5G has generated throughout its first four years of commercial use.“5G is already well on its way to driving business success,” said Meng. “It's transfor
SK pharmteco, SK Inc.’s contract development manufacturing organization (CDMO) for pharmaceuticals, successfully completed its second facility for Cell and Gene Therapies (C>) manufacturing in Europe. With this milestone, SK pharmteco is rapidly expanding its presence in the global market.SK pharm
Netflix Co-CEO Ted Serandos vowed to invest in discovering next-generation Korean creators, emphasizing the huge potential of Korean content.“Netflix has had great partnerships with Korean creators, but it was only the beginning,” he said at the Netflix and Korean Content Event at Four Seasons Hotel
Samsung Chairman Lee Jae-yong, SK Chairman Chey Tae-won, Hyundai Motor Chung Eui-sun, and LG Chairman Koo Kwang-mo discussed bilateral cooperation on energy, biotechnology and future transportation in a meeting with French President Emmanuel Macron.The Korean business leaders met with President Macr
The author is an analyst for Shinhan Securities. He can be reached at snowKH@shinhan.com -- Ed.Hidden gem among auto electronics parts & smartphone module suppliersAmosense, an IT parts maker trading on the KOSDAQ since 2021, produces shielding sheets, wireless charging modules, and RF modules for a
Twelve corporate venture capital (CVC) firms have been established over a period of one and a half years after the government allowed holding companies to hold corporate venture capital (CVC). These CVCs have invested more than 200 billion won (US$154 million) in Korean venture startups.According to
The Korean government will announce a plan to ease special listing requirements for excellent companies with cutting-edge technologies in the semiconductor, bio, artificial intelligence, and secondary battery sectors in July.The Financial Services Commission (FSC) will map out the plan by forming a
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced the company has received the WHO Emergency Use Listing (EUL) of its COVID-19 vaccine, SKYCovione.SKYCovione is a self-assembled nanoparticle vaccine targeting the rec
On the 50th anniversary of World Environment Day, Huawei and IUCN highlighted smart solutions for supporting effective and fair management and governance of protected and conserved areas, and the growing importance of technology in tracking threatened species and protecting their natural habitats.Hu
Samsung C&T announced its participation in a Small Modular Reactor (SMR) project in Romania.On June 13 (local time), Samsung C&T’s construction division signed a memorandum of understanding (MOU) with Nuclearelectrica, Romania’s state-owned power corporation; E-INFRA; Nova Power & Gas; and U.S.-base
Samsung BioLogics is moving closer to attaining its goal of becoming a top-tier global biotech company.John Lim, CEO of Samsung BioLogics, held a press conference at Bio USA in Boston, the United States on June 5 (local time) and revealed the status of his company’s contract manufacture organization