Asiana Airlines, the country’s second-largest full-service carrier in terms of sales, has added Airbus’ A350-900 for service to focus on strengthening long-haul flights, the firm said Thursday. The company said it will introduce up to 30 of the A350s by 2025, to increase its competitiveness in operating diversified, mid- and long-distance flight services. The latest introduction of the new A350-900 is the air carrier’s 10th of its kind.  The air carrier has been recen

Samsung Electronics was ranked sixth among 100 global corporate brands in terms of their value, according to a consulting firm Thursday.  The brand value of South Korea’s tech giant was estimated at $61.1 billion this year, increasing from $59.9 billion last year, according to the list of 100 Best Global Brands announced by US-based Interbrand. Its brand value surged 250 percent from $17.5 billion in 2009.Samsung first entered the list of top 10 brands in 2012, and has been rising ste

Daewoong Pharmaceutical’s wrinkle-removing botulinum toxin Nabota has launched in Canada under the name Nuceiva, the company said Thursday. Marketed outside of Korea by US-based Evolus, Daewoong’s product is the first Korea-made BTX to penetrate the US market. Evolus gained the US Food and Drug Administration’s sales approval for the drug in March and launched it under the name Jeuveau in May.  As for the launch in Canada, Park Sung-soo, head of Daewoong’s Nabota bus

South Korea's vehicle exports fell 4.8 percent in September from a year earlier due to production losses caused by strikes at GM Korea Co., the trade ministry said Thursday. Five passenger and two commercial carmakers in South Korea shipped a combined 171,425 vehicles last month, down from 180,051 a year ago in terms of units, the Ministry of Trade, Industry and Energy said in a statement. "GM Korea suffered over 15,000 units in production losses (in September) as its union went on strike f

Hyundai Motor said Thursday its compact vehicle Kona was named the best diesel SUV model in Europe by an auto magazine in Germany. 　The German publication Auto Bild conducted a comparative evaluation of four compact diesel SUVs currently sold in Europe -- Hyundai Motor’s Kona, Mazda’s CX-3, Ford’s EcoSport and Dacia’s Duster.  The four models were assessed across seven categories of body, powertrain, driving dynamic, connectivity, environment, driving comfort and cos

Macallan has released a new whisky called Edition No. 5, in collaboration with the Pantone Color Institute, to demonstrate its craftsmanship and pioneering design, importer Edrington Korea said Wednesday. Inspired by Macallan’s natural color spectrum, the Pantone Color Institute developed a new color it has named “The Macallan Edition Purple” for the first time in the world, and applied it to the packaging of the latest whisky product, it added.The color symbolizes the whisky b

JINCHEON, North Chungcheong Province -- At Hanwha Q Cells’ factory in Jincheon, North Chungcheong Province, there are hardly any workers. The five assembly lines -- 330 meters wide and 100 meters long -- are run by eight workers each. The high-quality solar cell and module manufacturer claims it is one of the most automated factories in the global industry.  “Automation is important. When an employee touches cells or modules, fingerprints or microcracks can be left on the produc

Executives at South Korea’s large businesses are fewer in number this year and are getting younger, a study found Wednesday.According to recruiting company Unico Search, Korea’s top 100 companies had a total of 6,932 executives, around 100 fewer than last year. The majority, 60 percent, were between the ages of 45 and 54. The most popular birth year for CEOs was 1962. The 27-person list of CEOs born that year includes Korean Air CEO Woo Ki-hong, GS Engineering and Construction CEO Li

GS Group Chairman Huh Chang-soo on Wednesday opened the fourth-quarter GS Group executive meeting with words of caution, calling for the company to return to fundamentals amid uncertainties. “Once the fundamentals are strengthened, a proper growth path will appear,” Huh said, citing a passage from the Analects of Confucius. The meeting was attended by some 150 executives and staff members of GS affiliates.During the meeting, Huh rolled out three key paths that GS Group should take du

BioLogics wins room to breathe, prepare for actual suit against prosecutors

Startup’s solutions wean mobile robots off GPS, QR codes to save logistics costs

US game developer Riot Games said Wednesday that its massively popular e-sports game "League of Legends" will be available on both mobile devices and consoles.It marks the first time since the game's launch in 2009 that the new version, called "League of Legends: Wild Rift," is coming to platforms other than computers.  The new game will be similar to the original version, although the user interface and buttons will be adjusted for mobile screens, the company said. Play

LG Innotek announced Wednesday the company has developed a communications module for automobiles based on Qualcomm’s 5G chip as the first in the world. The 5G communications module, a combination of a communications chip, memory and radio frequency circuit, is a component that enables transmission of data between a vehicle and 5G base station. The module, as small and slim as a credit card, will enable sharing of real-time traffic information, precise location measurement and communication

InterBattery, the country’s biggest trade show for lithium-ion battery makers, kicked off Wednesday for a three-day run, drawing around 100 domestic and foreign companies to showcase their newest energy solutions. South Korea’s three leading battery manufacturers LG Chem, Samsung SDI and SK Innovation took part in the show to boast about their technological prowess by installing sizable exhibition booths that displayed a range of products from small batteries for IT devices and autom

South Korean full-service carrier Korean Air said Wednesday that it had partnered with US weapons and military electronics firm Raytheon to cooperate on the Korean military’s Intelligence Surveillance Target Acquisition and Reconnaissance (ISTAR) solution. ISTAR is used for missions such as disaster monitoring, border security and protection against ballistic missiles, as well as to track mobile ground targets. The British Royal Air Force is one of Raytheon’s clients, using it o