Samsung Electronics will introduce a smart tracking tag this week to help users find lost items, the company announced Monday. Dubbed the Galaxy SmartTag, the product will go on sale here Tuesday for a retail price of 29,700 won, the company said. The brand-new Bluetooth tracker is designed to help users locate lost items such as their keys, phones, pets and anything that they could misplace. By attaching the dongle to your personal belongings, SmartTag will emit an alarm sound when you

Clinical phase 3 trial mandatory to establish statistical merit, panel of experts say

SK hynix will launch consumer solid state drives here for the first time, the company said Monday, as the remote working trend boosted demand for personal storage devices. The chipmaker will introduce two models -- Gold P31 and Gold S31 – which were launched in the US market in 2020 and 2019, respectively, and received positive reviews. Gold P31 is an PCI Express SSD model, the world‘s first consumer SSD with 128-layer NAND, that can be used for any motherboard that has an availab

South Korea’s exports of information and communication technology products in 2020 increased 3.8 percent on-year, data showed. According to the Ministry of Science and ICT on Monday, exports of ICT products reached $183.6 billion for the whole of 2020, the third-highest amount ever. Shipments had declined in the first half of the year due to a sharp contraction in global demand during the onset of the COVID-19 pandemic, but bounced back in the following half, largely driven by semicon

Battery production, exports and domestic demand all on the rise

Corresponding batch will be sold in China and other countries

South Korea’s largest conglomerate, Samsung Group, is facing another watershed as chief Lee Jae-yong was once again taken into custody Monday after receiving a jail term for bribery and embezzlement. The departure of Lee from the helm of the group comes at a time when the IT giant is seeking to make progress on its long-pending management succession and to press forward amid the post-coronavirus economic recovery. “Lee should be held responsible for the suggested bribery and embez

Entry models are often a compromise for consumers, second-best to the fancy and expensive premium models. When it comes to Samsung Electronics’ latest smartphone lineup, however, that may not be the case. With its sleeker design and slashed price tag, the Galaxy S21, the entry model in the latest series, immediately caught my attention. Then after getting my hands on it and the premium Ultra model over the weekend, I came to favor the cheaper phone over the extra-premium one. The two

Hanmi Pharmaceutical on Monday said it has enough production capacity to contract manufacture COVID-19 vaccines. “Hanmi Pharmaceutical has various capabilities and facilities where we can produce nucleic acid vaccines as a contract manufacturing/development organization,” said CEO Kwon Se-chang. 　 “We are open to potential collaboration with various companies to contribute to ending the global pandemic.” Among others, the executive pointed to its newly built Bio Plant

The title for Korea’s 31st homegrown novel drug goes to Yuhan’s lung cancer treatment, Leclaza. On Monday, the Ministry of Food and Drug Safety announced its approval for the third-generation non-small cell lung cancer treatment, bringing relief to some 100,000 lung cancer patients in the country. Leclaza is a swallowable tablet that can be taken at a fixed time every day, regardless of meals. In clinical trials, the drug has shown an overall response rate of 58 percent and a pro

South Korea's ICT ministry said Monday it has required global tech giants Google, Facebook and Netflix as well as local rivals Naver, Kakao and Wavve, to comply with the country's new law under which large data-hungry online companies must provide stable services. Last year, South Korea passed a law revision holding online content service providers accountable if they fail to maintain stable services amid growing complaints against streaming giants Netflix and Google, which operates YouTube, af

South Korea's top construction equipment maker Doosan Infracore Co. said Monday that the number of its construction equipment sold here rose 18 percent last year from a year ago on increased demand. "Despite the coronavirus pandemic, demand for high-end excavators increased last year here on the back of enhanced safety regulations and increased use of excavators in construction sites," a company official said over the phone on condition of anonymity. Doosan Infracore said it sold ove

　South Korea’s exports of organic light-emitting diode displays are expected to jump nearly 20 percent on-year to an all-time high in 2021 on growing global demand, sources said. 　Overseas shipments of OLED panels are projected to soar 19.6 percent on-year to $13 billion this year, accounting for more than 70 percent of overall display exports, according to the Industry Ministry and the Korea Display Industry Association. 　Bolstered by the sharp increase, South Korea’s overall

South Korea's exports of rechargeable batteries rose for the fifth consecutive year in 2020 despite the coronavirus impact, data showed Monday. Overseas shipments of rechargeable batteries came to 7.2 trillion won ($6.6 billion) last year, up 2.9 percent from the previous year, according to the data from the industry ministry and the Korea Battery Industry Association. Exports of rechargeable batteries expanded for five years running in 2020, setting a new record. Rechargeable battery product

US-China tensions, enhanced corporate regulations stand as risks