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Samsung Biologics to develop Kanaph Therapeutics' retinal disease treatment

Samsung Biologics will contract develop Kanaph Therapeutics’ retinal disease treatment, the company announced Thursday. Kanaph’s KNP-301 is a C3bg Inhibitor-VEGF binder novel drug candidate that tre...

Sept 24, 2020
Dolby Labs signs cinema solutions supply deal with S. Korean multiplex operator

Dolby Laboratories Inc., a US-based audio and imaging technology giant, said Thursday it has signed a deal to supply its advanced cinema solutions to local multiplex operator Megabox for the next fiv...

Sept 24, 2020
LG expands budget smartphone lineup with 3 new models

LG Electronics Inc. on Thursday added three new models to its budget smartphone lineup as the South Korean tech firm targets to expand its mobile sales. The K62, the K52 and the K42 have been added ...

Sept 24, 2020
Samsung launches new charging devices for mobile gadgets

Samsung Electronics Co. on Thursday launched two new charging accessories for mobile devices in South Korea. Samsung's new Wireless Charger Trio can charge up to three mobile devices, such as smartp...

Sept 24, 2020
Caris wins NET certificate for guardrail tech that utilizes waste plastics

Caris Co. has won the New Excellent Technology certificate for its guardrail manufacturing technology that utilizes waste plastics. At the 2020 NET certificate award ceremony, CEO Yu Cheol received ...

Sept 24, 2020
[Monitor] Travel industry shrinks after COVID-19 outbreak

After the COVID-19 outbreak, South Korea saw its number of travel businesses decline by around 1,000 compared to last year. According to data from the Korea Tourism Association, there were 21,671 tr...

Sept 24, 2020
[News Analysis] Are Musk’s EV battery ambitions too good to be true?

Elon Musk laid out five innovations for his new batteries at Tesla’s Battery Day event Wednesday, but experts and industry officials remain skeptical as the CEO failed to map out the specifics of the...

Sept 23, 2020
Coupang delves into computer parts biz, outcompeting go-betweens

Intech & Company, for the time being, said it will provide customer service for the graphics cards imported from Asus and will advise Yongsan retailers to lower their prices if they sell the Asus gra...

Sept 23, 2020
LG reports more virus cases at headquarters building, shifts to remote work

More employees of LG Electronics Inc. working at its headquarters building in Seoul have been infected with the new coronavirus, company officials said Wednesday, prompting the tech firm to expand it...

Sept 23, 2020
Service exports make highest contribution to economic growth since 2014: report

Service exports contributed more to South Korea’s economic growth than exports of goods for the first time since 2015, data showed Wednesday. According to the latest report from the Korea Internatio...

Sept 23, 2020
Samsung, KDDI vet 5G networking slicing tech

Samsung Electronics Co. said Tuesday it has successfully verified an advanced 5G technology with Japanese telecom operator KDDI Corp. as the South Korean tech titan tries to expand its presence in ne...

Sept 23, 2020
[Monitor] Trying to cope with COVID-19 changes

Survey of 3,983 Seoul residents aged 10-89 in July, Aug. on changes in daily lives upon COVID-19

Sept 23, 2020
Samsung releases new consumer SSD for gaming, high-end PC applications

Samsung Electronics Co. on Tuesday unveiled a new consumer solid state drive (SSD) product that boasts enhanced performance for gaming and high-performance PC applications. Samsung introduced the 98...

Sept 23, 2020
Incheon Airport draws blank in duty-free auction amid pandemic

Incheon International Airport, the country's main gateway, failed to draw enough bidders in duty-free auctions Tuesday, its operator said, underscoring an extended slump in the duty-free business sec...

Sept 22, 2020
Korean officials fly to Jakarta to claim delayed KF-X payments

South Korean officials on Tuesday flew to Jakarta to claim development costs Indonesia owes to Korea for the joint development of next-generation KF-X fighters. According to industry sources, a Kore...

Sept 22, 2020

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