The Korea Pharmaceutical and Bio-pharma Manufacturers Association on Friday sent a written opinion to the US government, in which the business lobby raised concerns over the Biden administration's executive order aimed at bolstering domestic production of biotechnology and biomanufacturing products. "The US should not take discriminatory measures against its allies,” the association said in a statement released on Wednesday, adding that the executive order should not violate the

Simmering rivalry may mean end to decades-old truce, but boost for industry overall

LG Electronics on Tuesday unveiled LG Gram Style, a new addition to the tech giant’s Gram premium laptop lineup that marks its 10th anniversary this year. The Gram debuted in 2014 as the industry’s lightest 13-inch laptop, weighing just 980 grams. The Style comes in 14- and 16-inch models. The 16-inch model is the first Gram laptop equipped with an organic light-emitting diode display.

South Korean builder Daewoo E&C said Friday it opened an education school to train experts in welding and scaffolding, as part of its social outreach project. The center launched training programs for welding and scaffolding, the two skills that are large in demand in Nigeria, Daewoo E&C said. The welding program began on Jan. 11, and it aims to foster 100 welders in six seasons, with each season lasting for three months. The scaffolding program also began on Monday. Those who complete t

Apple's earlier-than-expected adoption prompts speculation among rivals, suppliers

Scientists have developed the world’s first technology to recycle clothing waste by converting discarded fiber into usable materials, the Korea Research Institute of Chemical Technology said Wednesday. A group of researchers led by Cho Joung-mo, a senior researcher at the KRICT, found a screening technology that can isolate recyclable materials from clothing waste by using the chemical characteristics of dyes. The research team also came up with a recycling technology to convert separated

Samsung Electronics’ mobile chief on Wednesday expressed his ambition to set new performance standards for premium smartphones with the upcoming Galaxy S series at its annual unpacking event next month. Roh Tae-moon, president and head of Samsung Electronics’ mobile experience business, said in a blog post that there is no better example of Samsung delivering on its vision than the Galaxy S series. “We believe mobile technology can be the catalyst to enrich people’s lives

Samsung Biologics, the country's largest contract manufacturing company, will run its production lines at full throttle during the upcoming Lunar New Year's holiday to ensure timely delivery of pouring orders, industry sources said Tuesday. An official from Samsung Biologics also noted the company has been operating 24/7, 365 days a year to meet its goals in regards to promised delivery times. Samsung Biologics also maintained its production level during the Chuseok holiday last year a

Samsung Electronics said Tuesday it will open Galaxy experience zones in 24 cities around the world, including San Francisco, London, Paris, Singapore and Dubai of the United Arab Emirates, next month. It is the follow-up event to its annual unpacking event for its new flagship Galaxy devices, which is slated to take place in San Francisco on Feb. 1. The venues will allow visitors to explore Samsung's newly unveiled devices and innovations such as its exciting new camera features. The Galax

Apple is seeking ways to make the cycle tracking application featured in its latest Apple Watch series available for users in Korea. The US tech giant recently reached out to South Korean authorities to ask for a regulatory sandbox approval, according to industry sources Tuesday. Apple Korea inquired with the Ministry of Science and ICT about the process of using a regulatory sandbox system, a measure that temporarily exempts the enforcement of regulations on new products or services for a certa

Samsung Electronics unveiled Tuesday its latest 200-megapixel image sensor, the Isocell HP2, with significantly improved resolution and upgraded picture quality for premium smartphones. The new image sensor packs 200 million 0.6-micrometer pixels in a 1/1.3-inch optical format, a sensor size that is widely used in 108MP main smartphone cameras, according to Samsung. This enables the latest high-end smartphones to create higher resolutions, while minimizing the camera bumps on the devices. &ldquo

Korea Herald correspondent SAN FRANCISCO -- ABL Bio will release the results of early stage clinical trials regarding the company's oncology treatment candidates in this year, with hopes in license-out opportunities. “ABL Bio expects to introduce favorable clinical data regarding the company’s oncology treatment candidates,” ABL Bio CEO Lee Sang-hoon said on Thursday during an interview held on the sidelines of the 41th JPMorgan Healthcare Conference in San Francisco. ABL

Top executives of Samsung, SK and Hyundai are accompanying South Korean President Yoon Suk Yeol on his state visit to the United Arab Emirates as well as to the World Economic Forum, as part of an official business delegation aimed at boosting economic cooperation. Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won and Hyundai Motor Group Chairman Chung Euisun are among the chiefs of 100 South Korean companies making up the business delegation, according to industry source

The world’s leading semiconductor companies will likely spend more than $300 million in the development of artificial intelligence (AI) to help design semiconductors faster this year as a global chip shortage continues to put a strain on demand, Deloitte Korea said Friday in its report. According to the report, global chipmakers such as Samsung Electronics, Intel and Qualcomm are expected to invest this amount in AI design tools for chips. By growing 20 percent annually for the next three

SK pharmteco, a California-based contract development and manufacturing organization under Korean conglomerate SK Inc., is expected to postpone its initial public offering at least until 2024 due to market volatility, top officials from the firm and SK affiliates said Wednesday. The year of 2024 will be “the earliest possible period” to reconsider the company's stock market debut, said SK pharmteco CEO Joerg Ahlgrimm. SK's CDMO unit initially planned to go public on Korea